We know farmers are good at producing grain, but we want them to be good at marketing it, too. Grain marketing is a critical part of keeping farming operations profitable.
From the history of grain trading to the importance of domestic and international markets, we’ll help you understand all facets of grain marketing. And, we’ll give you resources to build your own grain marketing
Hosted by Chad Moyer, GrainIQ is a production of the Nebraska Rural Radio Association in cooperation and with support by the Nebraska Soybean Board.
All content for Grain IQ is the property of Rural Radio Network and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
We know farmers are good at producing grain, but we want them to be good at marketing it, too. Grain marketing is a critical part of keeping farming operations profitable.
From the history of grain trading to the importance of domestic and international markets, we’ll help you understand all facets of grain marketing. And, we’ll give you resources to build your own grain marketing
Hosted by Chad Moyer, GrainIQ is a production of the Nebraska Rural Radio Association in cooperation and with support by the Nebraska Soybean Board.
Season 4, Ep. 7 – Expanding soybean crush: Will it increase soybean prices?
Grain IQ
21 minutes 18 seconds
1 year ago
Season 4, Ep. 7 – Expanding soybean crush: Will it increase soybean prices?
Due to the growing demand for soybean oil, soybean crush capacity is rapidly expanding across Nebraska to increase soy oil output.
Will this lead to increased soybean prices? How do you factor these elements into your risk management plan?
In recent years, there has been a notable increase in demand for soybean oil for use in renewable fuels.
Here's some quick math to consider:
One bushel of soybeans weighs 60 pounds.
Of that, 12 pounds (20%) is soybean oil, which accounts for 37% of the soybean’s value.
The remaining 47 pounds or so (80%) is soy meal, making up 63% of the soybean’s value.
Jacquie Holland, an economist with the American Soybean Association, joins us on Grain IQ to explain how crush expansions in the Midwest will impact your grain marketing plan.
Grain IQ is a production of the Nebraska Rural Radio Association, in cooperation and with support from the Nebraska Soybean Board.
Grain IQ
We know farmers are good at producing grain, but we want them to be good at marketing it, too. Grain marketing is a critical part of keeping farming operations profitable.
From the history of grain trading to the importance of domestic and international markets, we’ll help you understand all facets of grain marketing. And, we’ll give you resources to build your own grain marketing
Hosted by Chad Moyer, GrainIQ is a production of the Nebraska Rural Radio Association in cooperation and with support by the Nebraska Soybean Board.
