China has become such a dominant force in world soybean trade during the past decade that it’s sometimes easy to forget that there are other Asian countries that have plenty of growth potential for U.S. farmers. A key country to watch is Vietnam, according to Jim Stillman, an Emmetsburg farmer and past chairman of the United Soybean Board.

"The interest in importing soybeans and soybean meal is very strong there," said Stillman, who recently returned from an export conference in Da Nang, one of Vietnam’s major port cities. "I really think they are going to be a growth market for us and it can be a compliment to the imports from China."

Vietnam...