American Soybean Association Chief Executive Officer Stephen Censky will testify before the House Agriculture Subcommittee on Rural Development, Research, Biotechnology, and Foreign Agriculture on Thursday morning April 7, 2011.
The Subcommittee is reviewing export promotion programs and their effectiveness in expanding exports of U.S. agricultural products.
Soybeans and soybean products are our country’s No. 1 export commodity. Last year, the United States exported a record-setting $23 billion in soybeans, soybean oil and soybean meal. This amount represents one-fifth of all U.S. agricultural exports and over 50 percent of U.S. soybean production.
Censky will report that this impressive export growth could not have been achieved without the unique government-industry partnership that characterizes the market development and export promotion programs administered by the U.S. Department of Agriculture’s Foreign Agricultural Service and carried out by organizations representing U.S. farmers and ranchers.
The Foreign Market Development "Cooperator" program and Market Access Program are among the few tools that help American agriculture and American farmers remain competitive in the global marketplace.