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Low-lin soybeans netting premiums

Agriculture.com Staff 11/09/2010 @ 12:48pm

Market opportunities and processor-paid incentives are available to farmers who grow and segregate low linolenic soybeans from Pioneer Hi-Bred, for the 2011 season, according to a company report.
         
Through a program with Bunge Oils, a select group of elevators in the Midwest is offering growers expanded options to earn a 55-cent-per-bushel premium for harvest delivery and a 60-cent-per-bushel premium for buyers call for Pioneer brand low linolenic soybeans. These elevators include key locations in Illinois, Indiana, Iowa, Michigan, New York, Ohio and Pennsylvania. A complete list of participating elevators is available by visiting www.pioneer.com/LLSoy, then selecting the 2011 Low Linolenic Soybean Program with Bunge button on the left side of the page.
         
"With food companies looking for 0g trans fat alternatives that preserve flavor and shelf life, the market for low linolenic soybeans continues providing contracting opportunities for growers," says John Muenzenberger, Pioneer senior business manager for soybean output traits. "At the same time, Pioneer has provided a strong low linolenic soybean lineup to help growers meet that demand."
         
The low linolenic soybean contract program is now in its seventh year and includes more than 80 elevators.
         
For more information about the program, contact the participating elevator near you, available at www.pioneer.com/LLSoy. For more information about low linolenic soybean varieties, contact your local Pioneer sales professional.

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