The North Dakota Soybean Growers Association celebrated its 40th anniversary with a special event Thursday night in Fargo. Valley City farmer Monte Peterson is a former chair of the U.S. Soybean Export Council. “The lay of the land today is not much different than it has been over the last 20 years, China has been the gorilla in the room out there absorbing most of the soy that’s produced around the world. That’s going to continue for a while.” More than 90 percent of North Dakota soybeans go to the Pacific Northwest to be exported. That is changing with the development of the soybean crush business in the state. Peterson said that also creates the potential expansion of the animal agriculture business in North Dakota. “I just see a lot of opportunity here heading forward.”
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