DuPont Pioneer and Cargill have announced that together they will contract with farmers in the Sidney, Ohio region to grow Pioneer brand soybeans that contain the Plenish high oleic trait starting in 2015.
The soybeans will then be delivered to a participating elevator or to Cargill for processing. The farmers will be eligible for a processor-paid incentive for producing and delivering high oleic soybeans. This comes as demand grows for Plenish high oleic soybean oil in the food and industrial sectors.
“Ohio soybean growers have always been innovators in adopting new technology to add value to their soybean production,” said Randy Minton, DuPont Pioneer business director, in a press release. “This 2015 Plenish high oleic soybean contracting program with Cargill will provide an opportunity for growers to earn more income per bushel and strengthen long-term market demand for the soybean industry.”
“The demands of the global marketplace require constant innovation,” says Jeff Kazin, vice president of oils trading for Cargill, in a press release. “The Plenish high oleic soybean program aligns with Cargill’s stated goal of helping farmers prosper and providing innovative solutions for our food customers. We look forward to working with DuPoint Pioneer to better serve the total supply chain, from farmers to customers, to create greater value for all.”
The creation of this high oleic soybean oil was a milestone for DuPont Pioneer as it brings product innovation to the soybean value chain. The enhanced stability of this product provides longer frying life for restaurant use and longer shelf life in packaged goods. It has 0g of trans fat per serving and 20 per cent less saturated fat than commodity soybean oil, making it a better option for health-conscious customers.
Plenish high oleic soybeans are nearing completion of global de-regulation, and have already been approved in over 90 per cent of U.S. soybean export markets. For more information on these high oleic soybeans, please visit www.plenish.com.
