U.S.-China to Sign Soybean Purchase Agreements in Des Moines

The Iowa Soybean Association, in partnership with the U.S. Soybean Export Council, U.S. Grains Council, and China Chamber of Commerce for Import and Export of Foodstuffs, Native Produce and Animal By-products, will participate in the U.S.-China Sustainable Agricultural Trade Forum & Contract Signing Ceremony beginning at 3:50 p.m. on Monday, Oct. 23, at the Surety Hotel in Des Moines.

China remains the world’s largest importer of soybeans, and the leading international market for U.S. soybeans. The two countries have enjoyed a formal soybean trade relationship since 1982. The forum and letter of purchase intent mark yet another important milestone in soy trade – supporting Iowa farmers and meeting global demand for high-quality protein. Specific volumes of purchased soybeans will be announced during the formal presentation.

Key presenters and attendees include:

• Ambassador Terry Branstad, President, World Food Prize Foundation
• Ambassador Xie Feng, Embassy of the People’s Republic of China in the U.S.
• Acting Deputy Under Secretary Jason Hafemeister, U.S. Trade and Foreign Agricultural Affairs, USDA
• Kirk Leeds, CEO, Iowa Soybean Association (ISA)
• Jim Sutter, CEO, U.S. Soybean Export Council (USSEC)
• Cary B. Sifferath, VP, U.S. Grains Council
• Chen Ying, Director of Cereals & Oils Dept., China Chamber of Commerce of Foodstuffs, Native Produce and Animal By-products (CFNA)

Access the full agenda and list of presenters here.

Source: Morning Agclips