(Notícia em Inglês)
An updated, independent study funded by the United Soybean Board (USB) and soybean checkoff shows production of biodiesel continues to positively impact U.S. soybean farmers’ on-farm profitability, as well as the bottom lines of U.S. poultry and livestock farmers.
The biodiesel industry’s demand for U.S. soybean oil supported U.S. soybean prices by as much as 27 cents per bushel over the past five years, bringing U.S. soybean farmers an additional $2.7 billion in net returns, according to the study.
Soybean farmers’ biggest customer, the U.S. animal agriculture sector, which uses 98 percent of the domestic supply of U.S. soybean meal, also benefitted. The increased demand for soybean oil resulted in a larger supply of U.S. soybean meal, decreasing feed prices paid by U.S. poultry, livestock and fish farmers by between $16 and $48 per ton for a total of approximately $4.8 billion from marketing years 2005-2009.
southeastfarmpress.com»
The biodiesel industry’s demand for U.S. soybean oil supported U.S. soybean prices by as much as 27 cents per bushel over the past five years, bringing U.S. soybean farmers an additional $2.7 billion in net returns, according to the study.
Soybean farmers’ biggest customer, the U.S. animal agriculture sector, which uses 98 percent of the domestic supply of U.S. soybean meal, also benefitted. The increased demand for soybean oil resulted in a larger supply of U.S. soybean meal, decreasing feed prices paid by U.S. poultry, livestock and fish farmers by between $16 and $48 per ton for a total of approximately $4.8 billion from marketing years 2005-2009.
southeastfarmpress.com»