USSEC hosted a learning session at the 2020 Commodity Classic in San Antonio, Texas on February 29.
Monte Peterson, USSEC chairman, American Soybean Association (ASA) director, and North Dakota farmer; ASA director and Illinois farmer Daryl Cates, and USSEC CEO Jim Sutter spoke on the topic of “Beyond China: Creating New Markets for U.S. Soy.”
Even prior to the trade disagreement between the U.S. and China, market diversification and new market development has been a primary focus for USSEC. Peterson, Cates, and Sutter discussed USSEC’s “Emerging International Markets for U.S. Soy” strategy, which identifies new markets such as Egypt, Nigeria, and India by evaluating economic activity, growing populations, and demand for protein.
The session also included an opportunity for Q & A and discussion.