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High oleic soybean provide opportunity for farmers

High oleic soybeans are giving farmers an opportunity to increase profitability without increasing input costs.

Brian Presnal farms in central Indiana and says the lower commodity prices are forcing him to explore new ways to maximize his return on investment.  “The Plenish oil program is a high oleic soybean oil program that is gaining popularity,” he says.  “The end users are requesting this and offers a premium to help combat the lower commodity prices.”

Indiana farmer Don Lamb says tighter margins have him looking for additional forms of crop revenue.  “We do have some acres to soybeans this year that are not offering us a premium this year,” he says.  “The Plenish beans have reminded me I need to look into that for next year – and I think Plenish will play a roll in our crop for next year.”

In the Midwest – high oleic soybeans are currently being grown in Indiana, Ohio, Michigan, and a small section of eastern Illinois.