U.S. soybean exports top another record 2.6 billion bushels in 2016-17 markets year

Government data shows that U.S. farmers again exported a record number of soybeans, shipping 2.6 billion bushels to international buyers in the 2016-17 marketing year. Valued at more than $28 billion, the milestone represented the second year in a row that exports exceeded 60 percent of U.S. soybean production. However, the United Soybean Board warns that record U.S. production is no longer enough to ensure markets for U.S. farmers.