Growth in the biodiesel industry continues to give
soybean farmers certainty.
Greg Anderson, a board member for the National
Biodiesel Board, says more feedstock is needed because of the growth in the
industry and soybean oil has been the primary feedstock for biodiesel since its
inception.
“Just last year we used almost 8.5 billion pounds of soybean oil for our feedstock, that’s equivalent to about one third of our domestic soybean crush and it adds about $1.15 cents per bushel to soybeans at the farm gate,” he says.
Continue reading Growing biodiesel industry benefits soybean farmers at Brownfield Ag News.
