DES MOINES, IOWA (February 1, 2019) — The European Commission recently announced that conservation practices required for US soybean production meet EU sustainability standards, and biodiesel produced from documented soybeans can now be used in the EU.
Governor Reynolds released the following statement today, "This is great news for our soybean farmers by adding stability with the expansion of targeted global markets like the European Union. Iowa is the second largest ag exporting state in the country. So, when an agreement like this one is approved, it means more jobs and economic growth for our state. In addition, we hope this latest announcement serves as a catalyst for successfully completing the trade talks between President Trump and other countries of major importance to Iowa.”
Grant Kimberley, director of market development of the Iowa Soybean Association, “This is a very exciting development that our industry has been working on for years. The European Union is a large biodiesel market, and this will enhance soybeans exports even further. We also want to thank Gov. Reynolds for her support for the soybean and biodiesel industry.”
This decision will remain in place through at least July 1, 2021.
