Soybean growers have been fighting against low prices since 2022.
Don Wyss of the United Soybean Board’s Audit and Evaluation Committee says some farmers are turning to dairy, offering up their product for cattle rations.
“I call it a win-win. You know, we’re winning by seeing this go into the feed rations of dairy cows but also continuing to, in a tighter margin environment, see new developments on the demand side for our soybeans, and this is only going to continue to grow going forward with the results that we’re seeing coming out of that benefit to the dairy industry. There’s some additional work being done in swine right now, too, to look at this, so we may not be done yet,” said Don Wyss.
This project, to get high oleic soybean oil into cattle feed, has been in the works for some time now, and Wyss says the research was funded in part with checkoff dollars.
With China halting U.S. soybean purchases and talks tied to broader strategic issues, growers face renewed export uncertainty.
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Industry leaders say $11 billion in new investments could turn the tide as dairy producers face shrinking margins and growing uncertainty.
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Alan Bjerga with the National Milk Producers Federation joins us to discuss the idea behind the campaign and why accurate labeling on plant-based beverages matters to both consumers and dairy producers.
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