Soybean growers post TPP report
October 21, 2016
The American Soybean Association released a report this week that says the Trans Pacific Partnership trade agreement could mean an increase of more than $297 million in bean sales.
ASA released the short report on Tuesday, and the Office of the U.S. Trade Representative issued a news release on it today.
"The TPP has huge potential benefits for soybean farmers," said Richard Wilkins, president of the American Soybean Association and a Delaware soybean farmer, in a news release.
"First, we achieve better market access for soybeans and soy products in 11 partner nations," Wilkins said. "More impactfully, though, we will increase sales of soybean meal for animal feed as a result of a dramatic increase in the sale of poultry, pork, beef, dairy and eggs to TPP markets. There is too much promise in the TPP for us to give up."
–The Hagstrom Report