Soy-checkoff-funded study finds higher quality linked to farmer profitability Farmers have often heard that higher-quality soybeans could generate more value. Now, a new soy-checkoff-funded study shows how much more. The price of soybeans is driven by the combined value of soybean meal, oil and hulls, a measurement known as the estimated processed value (EPV). The
Higher-quality products are worth more to end users Many people are willing to pay more if it means getting a higher-quality product. As was discussed at CONNECTIONS 2014, the pork sector has been experiencing the benefits of value-added pork for nearly 30 years, and a similar system could possibly be in soy’s future as well.
Over $40 Million in Premiums Paid by AGP Since 1999 Guest editorial by AGP The pennies, nickels and dimes have certainly added up during the 15 years of AGP’s Component Premium Program. Since launching the industry’s first value-based marketing program for soybeans in October of 1999, AGP has paid over $40 million in component premiums.
Don’t Take Our Word for It – Hear It Straight from the People Buying Your Soybeans Your customers buy soybeans for what’s inside – protein and oil. The more of those quality components you can pack into your soybeans, the greater the demand for them will be. And higher demand often leads to a better
Sustainably produced soybeans are more important than ever. Companies, such as General Mills, Land O’Lakes and The Coca-Cola Company are moving toward making this a requirement for all of their ingredients. One company in particular, global consumer-goods giant Unilever, has made a commitment to source 100 percent of its soybeans from farmers who use sustainable
Americans really love bacon. And we’re not alone. Around the globe, pork is the most widely consumed meat. And while some culinary trends are just a flash in the (frying) pan, consumers’ appetite for pork shows no signs of slowing. Exports were up despite limited supplies of pork in 2014, and larger supplies of pork
Every season, in every field, your soybeans go to battle against weeds. They fight for water, sunlight and nutrients. According to Anita Dille, Ph.D., professor of weed ecology at Kansas State University, it’s a battle you need your soybeans to win to achieve higher yields. Dille is compiling a state-by-state analysis of yield loss from
As demand for soy grows along with the world’s population, competition for that burgeoning market grows, too. Today, as U.S. soy enjoys historic demand all over the world, it also must fend off rising competition for share of the market. Competition is everywhere. U.S. soy is competing against other countries, other feed sources and other
Soy checkoff brings a virtual farming experience to national museum visitors. Contributed by Peter Liebhold, Chair, Division of Work and Industry and exhibition curator. Next summer, visitors to the Smithsonian’s National Museum of American History in Washington, D.C. will have something else to add to their list of things to see in addition to Dorothy’s
Fertile soils in the heart of America – this is where farmers grow a majority of the nation’s soybeans. But with more than half the crop going to international customers every year, farmers’ ability to transport these soybeans thousands of miles to the coast for export is just as important as their ability to grow