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For Soybean Farmers
"The World Initiative for Soy in Human
Health offers a win-win opportunity for soybean farmers. First, the program will
help to increase the price of soybeans by alleviating current surplus, and
in
turn, lower loan deficiency payments and USDA marketing loans to producers. That
could be a substantial net tax savings for US citizens. We also succeed as
food
providers in the global community by helping feed hungry, sick people around
the
world,"

Dwain
Ford, Chairman - American Soybean Association
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USDA data shows that 40 percent of current agricultural exports go to
countries that are former food aid recipients. South Korea and the Philippines
are prime example of countries that received US food aid and have grown
into strong customers for U.S. soy.
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Korea was the largest customer of U.S. soybean oil in 1999 with purchases
of $61 million in addition to $224 million in whole soybean purchases.
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Another aid recipient, the Philippines, was the #1 export market for U.S.
soybean meal in 1999, with $137 million.
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U.S. international assistance programs pushed 14.8 million bushels of U.S.
soy products overseas in 2000.
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The United States provides approximately half of all commodities donated
through the United Nations World Food Programme.
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Agriculture isn't the only U.S. business sector to benefit from foreign
assistance. U.S. exports to developing countries rose in 1998 to $287.3 billion,
accounting for 42 percent of total U.S. global trade. The U.S. Agency for
International Development estimates the surge in trade with developing countries
has supported roughly 1.5 million new U.S. jobs.
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Proper nutrition not only boosts household income but income growth at
the national level as well.

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About WISHH
Contact Information
The WISHH Team
Success Stories
For Soybean Farmers
Glossary & Definitions

WISHH Progress Report
2000-2002 (pdf)
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