Mike Pearson tells us how soybean growers will have many more buyers in the years to come. It’s in part thanks to more processing centers being built across the country.
The American soybean industry can handle soybeans in three ways:
Storage: Dry soybeans, then keep them on the farm or in grain elevator for months even years at a time.
Ship: Soybeans can be shipped across the globe. The USA is only second in the world ot Brazil to shipping whole soybeans. In 2022, China bought $17 billion bushels and Mexico was second in purchasing.
Crush: Soybeans can be crushed into soybean meals and soy…
