Some New England residents are turning to soybeans for heat. It is called bio-heat, and growers say it has become a solid market.
“It’s caught on well, very, very popular. People love it, and there’s a whole industry developed around it now, about what modifications and so forth are done to the heating plants of furnaces, if you will, the boilers, and so it’s pretty neat, and it’s become a nice demand center for our soybean oil. It burns cleaner. It has fewer carbon deposits. It has a lot easier maintenance. It has natural lubricity, which of course, when we took sulfur out of our petroleum-based products, we lost a lot of lubricity, so there’s a lot of built-in advantages and that’s what they like about it,” said Andy Bensend, District One Director, Wisconsin Soybean Marketing Board.
Bensend says it has been a gradual process. First, homeowners turned to fuels like bio-diesel over traditional heating oil, and from there, bio-heat took off.
Strong corn exports support prices while soybeans lag yearly pace. However, large carryover stocks limit upside despite solid yields.
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South Texas farmers say water shortages continue despite Mexico’s renewed payments under the 1944 Water Treaty.
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Red Flag Warning in effect as high winds fuel fast-moving blaze across Oklahoma, Kansas, and Texas
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Bayer’s Monsanto announces $7.25B class settlement for Roundup™ lawsuits alleging Non-Hodgkin lymphoma (NHL), covering claims over 21 years.
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Weskan Grain CEO Will Bramblett discusses the antitrust lawsuit filed by grain farmers and agribusinesses, and its potential implications on rail competition and market access.
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Roger McEowen with the Washburn School of Law reviews key highlights from the House Agriculture Committee’s latest farm bill proposal.
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