February 4, 2009

New soy group established

There might be a soy war going on but all soy-loving/producing groups in the US are still working together to help their industry overcome the current economic hardship.

The United Soybean Board (USB), the American Soybean Association (ASA), the Ohio Soybean Council (OSC) and six other state soybean checkoff boards recently formed the Soy Transportation Coalition (STC), which will comprehensively examine some of the major transportation issues impacting soybean farmers and find ways for them to save on transportation costs.
“With all the railroad infrastructure and intermodal developments taking place in Ohio, it is important for OSC to be represented on the STC board,” said Patrick Knoff, an OSC and STC board member. “The goals of this organization will benefit all of agriculture. It is my hope that the projects STC is investing in will help level the playing field for agriculture when compared to other industries.”

Like the corn industry, the soybean industry is becoming an important feedstock source for the biobased chemicals/products market. According to the USB, 28 new soy-based products in the areas of plastics, inks, coatings, adhesives and solvents were launched last year.

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