soybean oil News
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U.S. Soybean Oil Market in Mexico Grows
A recent soy-checkoff-funded promotional campaign showed Mexican shoppers the benefits of cooking with U.S. soybean oil, leading to a 15 percent jump in sales. Mexico is a major international destination for U.S. soy. In the most recent marketing year, Mexican customers imported more whole U.S. soybeans and soybean oil than any other country except for China. To increase that demand even more, ...
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Bred to Perform, High Oleic Soybeans Provide Proven Genetics
High oleic soybeans have been in the product pipeline for more than a decade. With millions of dollars invested, seed companies took their time to ensure these varieties perform as expected – for farmers and for food industry customers. But, performance isn’t the only benefit farmers see. They also find that high oleic varieties are bred with the proven genetics that they need on ...
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U.S. Soy Exports Set New Record
Thanks to high demand for reliable, quality soybeans, meal and oil, 2012-2013 U.S. soy exports have remained steady in the number of bushels exported. However, the value of these exports set a record of more than $28 billion, a 19 percent increase from 2011-2012. In the most recent marketing year, which ended Sept. 30, U.S. soybean farmers exported more than 1.7 billion bushels of U.S. soy. ...
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Solution to long-term profitability could be found in high oleic soybean varieties
It isn’t every day that farmers in one state get excited about soybeans grown in another. But nationwide excitement continues to build around new high oleic soybean varieties, and farmers are already talking about how they could help to secure and expand U.S. soybean oil demand. These varieties also have the potential to increase long-term on-farm profitability for all U.S. soybean farmers. ...
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High oleic soybeans offer innovative solutions for end customers
Today’s agriculture industry is innovative in many ways, from precision farming to auto-steering to varied seeding and fertilizer rates. Why should soybean varieties be any different? They’re not. Take high oleic soybeans, for example. High oleic soybean varieties were developed to deliver a better soybean to the food industry. The oil produced from these soybeans adds functionality ...
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Repeat Performance
Bill Bateson liked what he saw from high oleic soybeans so much the first year he grew them, he came back for an encore. Like other Ohio farmers growing high oleic soybeans, Bateson has seen solid performance in the field, and he remains excited about end-user demand for the oil they produce. It offers improved functionality for some food customers, such as fast-food chains and snack-food ...
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Soybean farmers prepared for phase out of partially hydrogenated oils
Trans fats have been an active part of the soy industry’s vernacular for decades. And, for the past decade, the industry – including the farmers who grow soybeans – have been working on solutions to meet food-customer needs for a stable oil without partial hydrogenation, which causes trans fats. The FDA’s recent announcement to phase out partially hydrogenated vegetable ...
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USSEC Helps Transition Egypt’s Poultry Producers to Use Soybean Meal as Main Protein in Feed Formulations
With the support of FAS’s Cairo office, USSEC has worked with poultry producers in the Middle East region for several years, focusing on the economic benefits of using high quality U.S. soybean products. Soybean meal is becoming the major source of high-quality protein used in poultry feed, replacing protein sources from animal origins. Using U.S. soybean meal, poultry producers are ...
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Maintaining U.S. Soy Market Share in Morocco
USSEC, in close partnership with the U.S. Department of Agriculture’s (USDA) Foreign Agricultural Service (FAS), organized several events within the Maghreb region of North Africa to reemphasize the image of the U.S. as a major supplier of high-quality soybeans and soybean products. U.S. soybean products have traditionally enjoyed a dominant market share with a 100 percent share for soybean ...
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USB Helps Commercialize 38 New Soy-Based Products
Various performance and environmental attributes have made U.S. soy increasingly popular among product manufacturers, which has helped boost industrial demand for soy. That’s why last year, the soy checkoff partnered with manufacturers to commercialize 38 new soy-based products and ingredients. The list of products developed with soy checkoff support in 2013 includes new additions to some ...
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National Soy Checkoff Targets Soybean Innovation for Farmer Profit Opportunities
Maximizing the profit potential of every U.S. soybean farmer means seeing beyond today; it means driving soybean innovation in products and services to meet customers’ needs tomorrow. That’s why the farmer-leaders of the national soy checkoff made driving innovation the center of their new, groundbreaking 5-year strategic plan, which will guide all national soy checkoff investments ...
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USDA Announces 19 USB Farmer-Director Appointments
Nineteen farmer-leaders will be sworn in as directors of the United Soybean Board (USB) in December, after their recent appointments by U.S. Agriculture Secretary Tom Vilsack. The 19 soybean farmers from across the United States include five new appointees and 14 returning directors. These volunteer farmers invest soy checkoff funds on behalf of all U.S. soybean farmers in projects to increase ...
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New Chairman Elected to Keep Moving Checkoff Forward
Bob Haselwood, soybean farmer from Berryton, Kansas, has been elected by his fellow United Soybean Board (USB) farmer-directors to lead the board in investing soy checkoff funds for the next year. In addition to the support from the other 69 farmer leaders, Haselwood also has the input from the recently held 2014 CONNECTIONS meeting to help guide him. “Having the feedback from the ...
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17 Farmer-Leaders Appointed to United Soybean Board
After being appointed by U.S. Agriculture Secretary Tom Vilsack, 17 farmer-leaders from across the country will be sworn in as directors of the United Soybean Board (USB) at its upcoming annual meeting. The 17 soybean farmers will include five new appointees and 12 returning directors. Additionally, the U.S. Department of Agriculture also recently announced that USB will increase its number of ...
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Investancia Group and BioEnergy Plantations Australia Pty Ltd extend world-leading pongamia tree genetics partnership
Leading agro-research companies BioEnergy Plantations Australia Pty Ltd (BPA) and Investancia Group have agreed to extend their world-leading pongamia tree genetics partnership. Based on new propagation protocols and the exclusive access to the world’s best pongamia genetics – Investancia and BPA will further cooperate in developing volume-based reforestation and commercial planting ...
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High Oleic Soybeans Introduced for 2016 Planting in Iowa
Iowa farmers will have an additional profit opportunity in 2016 when high oleic soybeans become available for planting in the state for the first time. “This is different for Iowans, since we’re usually first to get a new soybean trait,” says Delbert Christensen, a soybean farmer from Audubon, Iowa and farmer-leader with the United Soybean Board. “These varieties have ...
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Soy Checkoff Positions U.S. Soy Industry as Global Leader
When farmer-leaders of the United Soybean Board (USB) wrote the organization’s current long-range strategic plan, they included their vision that U.S. soybeans will be the leader of the global oilseed industry. This summer, USB will join the American Soybean Association and the U.S. Soybean Export Council in leading the global oilseed industry during the 18th International Oilseed Producers ...
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Farmer-Funded Innovations: checkoff breakthroughs support on-farm profitability
Successful companies in the aviation, communications, computer and medical industries don’t stand still. They find solutions that will keep them a step ahead of the competition. That goes for farmers, too. Soybean farmers today see the results of innovation everywhere they turn. More seed varieties and machinery applications. More ways to get the information they need to help them make ...
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Oleochemicals to Benefit from Demand for Sustainable Chemicals, finds Frost & Sullivan
Registration, Evaluation, and Authorisation of Chemicals (REACH) regulations are playing a major role in driving the European oleochemicals market which has otherwise attained maturity. These regulations are encouraging customers to consider using sustainable and eco-friendly oleochemicals. Oleochemicals are bio-compatible equivalents of petrochemicals. New analysis from Frost & Sullivan ...
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U.S. Soybean Farmers Witness Direct Impact of Soy Checkoff’s Efforts
Ten U.S. soybean farmers participated in the United Soybean Board’s (USB’s) 2014 See for Yourself program to learn about their customers beyond the elevator and the soy checkoff’s role in marketing U.S. soy to those customers. This year, the farmers visited St. Louis, Panama and Ecuador, from Aug. 14-22. A total of 70 farmers have taken advantage of this unique opportunity over ...
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