Biodiesel added $2.7B to soybean farm income: report

March 30, 2011 |

In Missouri, an updated third-party study funded by the United Soybean Board shows that the biodiesel industry’s demand for US soybean oil supported US soybean prices by as much as 27 cents per bushel over the past five years, bringing US soybean farmers an additional $2.7 billion in net returns.

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Category: Fuels, Policy

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