U.S. Soybean Groups And Chinese Delegation Sign Agreements At CBOT

The U.S. Soybean Export Council and the Illinois Soybean Association hosted a special delegation of Chinese soybean processors at the Chicago Board of Trade (CBOT) on Thursday, April 6, 2006, to sign agreements between China and the U.S. soybean industry.

Cao Xumin, President of China Chamber of Commerce for I/E of Foodstuffs Native Produce and Animal By-products (left) and State of Illinois Lieutenant Governor Patrick Quinn (right) during contract signing ceremony.

During their visit in the U.S. the Chinese delegation will meet with industry representatives and state and federal government officials to gain a better understanding of the U.S. soybean industry and promote better trade relationships between he U.S. and China.

The U.S. soybean industry is hosting the delegation to strengthen ties with China's food, feed and industrial customers. China is the leading soybean export customer in the world and the U.S.

Prior to the contract signing ceremony, the Chinese delegates were welcomed to the Exchange by Christopher Malo, Executive Vice President of Business Development and Marketing, and escorted to the ag apron where they had the unique experience of viewing the opening of the agricultural markets.

The following photos are a recap of the day's event:

Christopher Malo, Executive Vice President of Business Development and Marketing welcomes the Chinese delegates to the Exchange.

Malo presents Xumin with a crystal image of the CBOT building.

Xumin presents Malo with a beautifully framed stitching symbolizing prosperity.

Xumin, escorted by Malo, views the opening of the agricultural markets.

Chinese delegates view the opening of the agricultural markets.