American Soybean Association President Caleb Ragland says U.S. soybean producers are cautiously optimistic as they work to meet export targets with China while also expanding domestic and global markets. Speaking at NAFB’s Trade Talk, Ragland emphasized the importance of both policy and market opportunities for stabilizing the industry. “We’re cautiously optimistic, but we really want to see some follow through and we have a lot more sales to get made here to meet those targets of the 12 million metric tons to China by the end of the year. There are great opportunities here at home with biofuels to grow those markets; we just need Congress to act.”
