At the National Oilseed Processor Association’s (NOPA) Annual Meeting in February, key oilseed industry representatives attended a workshop to examine the challenges and opportunities that may arise by 2020. It was a rare opportunity for industry leadership to join together to...
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A processor’s business is oil and protein. South Dakota Soybean Processors (SDSP), Volga, S.D., faces the challenge of processing northern soybeans with historically lower oil and protein levels than southern-grown beans benefiting from a longer growing period. SDSP works to...
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We don’t crush soybeans, but 90 percent of our soybeans enter export channels. Locally, no stated premiums or discounts exist for protein or oil content. There is, however, an “implied” market differential in what buyers will pay for Northern-tier soybeans; low protein and/or...
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When you bring your soybeans to market, you’re looking to get the most from your crop. But what some farmers may forget is the age-old saying, “quality over quantity.” This is especially true when it comes to the soybeans you’re growing. “Processors know that the market...
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Changes in the marketplace have the soybean industry looking at its future. This will not be a simple task, as we’re moving into uncharted waters, not only in the soybean industry but in all of agriculture. Our industry needs to find ways to adjust to changing market...
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We believe biodiesel production will grow dramatically in the United States and around the world over the next few years. This prompted us to invest in a biodiesel plant and a soybean crush plant that will process nearly 50 million bushels of soybeans annually. All the soybean...
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When it comes to improving soybean traits, we have to keep animals – our number one customer – in mind. With 94 percent of domestic U.S. soybean meal going to U.S. livestock and poultry feeds, current research focuses on addressing demand from these industries, like...
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