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.
A strong corn export pull is supportive of bids; soybeans need steady vessel programs or fresh sales to firm cash.
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USDA will meet part of November SNAP benefits under court direction, citing insufficient funds for full payments.
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Laramie Sandquist discusses Nationwide Agribusiness’s commitment to grain bin safety initiatives, including providing life-saving equipment and training to fire departments across the country.
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Brooks York with Agri-Sompo discusses how this year’s pricing period played out and what it could mean for farmers heading into the end of the season.
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China’s crusher losses and Brazil tensions, Gale warns, could reopen critical soybean trade channels for U.S. producers.
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Persistently low Mississippi River levels are turning logistics challenges into pricing risks — tightening margins for grain producers and exporters across the heartland.
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