BLOOMINGTON – Illinois Soybean Growers President Doug Schroeder, a soybean producer from Mahomet, Ill., released the following statement in response to U.S. and China trade progress.
“We have a hopeful attitude today as we look at these trade negotiations. We are optimistic that the day will come when we fully restore our vital trading relationship between the U.S. and China. I can’t underscore enough how much long-term trade stability with one of our top customers means to Illinois soybean farmers and the ag industry. We see this as a sign of brighter days to come. However, we hope that more details emerge on the status of China’s current tariff on U.S. soybeans, which were not included in today’s trade deal. A long-awaited win for the soybean industry will come when the soybean tariffs are fully rescinded, and we are anxiously awaiting that announcement. Again, today’s news is met with optimism and we are encouraged that further negotiations and general goodwill will continue.”
Illinois Soybean Growers (ISG) is a membership organization serving more than 43,000 Illinois soybean growers. ISG provides advocacy in Springfield and Washington, D.C., to promote the interests of Illinois soybean farmers and programs that enhance soybean production and demand. Voice for Soy, the online action center supported by ISG, allows growers to easily connect with legislators and regulators to advocate for Illinois agriculture. For more information about ISG, visit the website www.ilsoygrowers.com.