Emphasizing quality protects profitability
As we move into harvest, Illinois soybean farmers will have one thing on their minds: Yield.
But our customers don’t care how many bushels of beans we grow; they care about how much protein and oil those beans contain. And we should begin to think about our beans the same way our customers do.
Whether they’re used here in Illinois, somewhere else in the United States or another country, our soybeans are used for the same things. The meal goes into feed for poultry, hogs and other livestock. And most of the oil gets used to make food. If you look at the trends in the global marketplace, you’ll see that our customers are buying components of our soy: Meal and oil.
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