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United Soybean Board Officials Tour Panama Canal

United Soybean Board Officials Tour Panama Canal

This year’s United Soybean Board See For Yourself Tour included a trip to the Panama Canal. USB Director Jim Carroll says this maritime shortcut gives U.S. farmers a competitive advantage but when the expansion is complete, there will be significant pressure to improve the U.S. grain transportation system to handle the post Panamax vessels.

Carroll says the canal has long been important to the U.S. grain export system.

Carroll says once the Panama Canal expansion is complete, it will somewhat equalize the cost and efficiency of sending soybeans to China through the Gulf versus the Pacific Northwest ports.

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