Today, there is a renewed initiative to find creative new markets and industrial uses for soybeans as well as corn, reports Successful Farming.
Spurred by bumper crops and funded, in part, by checkoff programs, research is under way to develop ways for these crops to replace oil as a raw material and move through large supplies.
The use cases vary widely from plastic bottles to tires to fragrances. Ford Motor Company now uses soybean-based foam in the seat cushions of all of its vehicles.
To fulfill the mission of increasing profit opportunities for farmers, both the United Soybean Board (USB) and the National Corn Growers Association (NCGA) have initiatives to find and support the growth of new markets for their respective commodities.
Read the full report here.
