Ohio Farmer

Any soybean growers interested in a premium for their beans?

Contracted acreage for Plenish to double in 2017

September 12, 2016

3 Min Read

Growing demand by both food companies and industrial product companies has driven DuPont Pioneer to announced plans to double acreage of Pioneer brand soybeans with the Plenish high oleic trait in northeast Indiana and northwest Ohio for 2017.

Soybean growers around Bunge locations at Delphos and Bellevue, Ohio, and Decatur, Ind., who contract to grow the Pioneer soybeans will receive a 50-cent-per-bushel incentive for producing and storing the beans or a 40-cent-per bushel-premium for a harvest delivery contract.

Participating growers will be able to deliver grain to a participating elevator or directly to designated Bunge North America facilities for processing.

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“This will be the eighth year Bunge and Pioneer are collaborating to bring this higher-value product to area growers,” says Russ Sanders, DuPont Pioneer director of food and industry markets. “The program has been very successful for area farmers. Given the grower premium and the outstanding yield potential of these varieties, we expect very high interest again this year.” 

With 0g trans fat per serving and 20% less saturated fat than commodity soybean oil, Plenish high oleic soybean oil provides a sustainable, U.S.-grown, soy-based, trans fat alternative for food companies and foodservice operators, according to Dupont Pioneer.

The improved fatty acid profile provides the highest oxidative stability level of any commercially produced soybean oil. Additionally, this enhanced stability means longer fry life in restaurant applications and less polymerized oil buildup on equipment, which reduces cleaning costs.

For food manufacturers, the oil’s stability extends the shelf life for packaged food products without sacrificing flavor and eliminates the need for artificial preservatives, creating the opportunity for a cleaner ingredient label.

“Plenish high oleic soybeans have been a great product in our portfolio,” says Tim Gallagher, executive vice president, Bunge North America. “We are seeing great demand from both farmers and downstream customers. Thanks to the high demand from area growers, we are able to comfortably double contract production acres this year as our oil customers continue to make a transition to Plenish high oleic soybean oil supplied by Bunge.” 

Traits included in Plenish high oleic soybean products have received regulatory approvals in nearly all key U.S. soybean export markets and approvals are pending in remaining export markets. These products are authorized for planting in the United States and Canada. While many import market authorizations are in place, grain and byproducts produced from grain containing this technology may not be authorized in some markets. Growers that use this product are required and agree to adhere to the stewardship requirements as outlined in the Pioneer Product Use Guide and product-specific stewardship requirements for this product. For questions regarding product stewardship and biotech traits, please contact your sales representative or refer to www.pioneer.com/stewardship. Growers are required to discuss trait acceptance and grain purchasing policies with their local grain handler prior to delivering grain containing biotech traits

For more information on Plenish high oleic soybeans, visit www.plenish.com.

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