If you are reading this from your office chair, or even a tractor seat, now is a good time to slide on those reading glasses and hunker over that screen a little closer. Today, we are going against the grain (pun intended) and revealing a bulk-packaging trade secret.
Despite the perplexities that exist in the world of international trade, soybean exports are an astute bet for North American processors and producers.
Why, you may ask? The U.S and Canada Agriculture Departments forecast the world trade in soybeans will increase by at least 23 per cent over the next decade. Trade for soybean meal and soybean oil will climb up 19 per cent and 23 per cent respectively, over the same time.