Soybean demand comes from a variety of sources, but aside from livestock feed, biodiesel and other soy bio-based fuels are among the top demand drivers for soybean oil. Soy-based biofuels collectively are an essential market for soybean growers, says Heather Buechter, director of communications for Clean Fuels Alliance America.
“That is one of the things that we are proud of is that we were founded by soybean farmers to get rid of this excess soybean oil and find new markets for it, provide more value to soybean farmers,” said Buechter, referring to the beginnings of the Soybean Checkoff-supported Clean Fuels Alliance America. “Over the years, I feel like we’ve done a pretty good job of that; we’re adding up to 13 percent of value to soybean farmers because of clean fuel production, and demand continues to grow.”
That message is being heard. Various facets of the transportation industry are showing interest in switching to cleaner fuels for decarbonization, according to Buechter.
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