DuPont Pioneer recently announced that processor-paid premiums will be offered for Pioneer brand Plenish high-oleic soybeans contracted for the 2018 growing season in northeast Indiana and northwest Ohio. Soybeans contracted under this program will be processed by Bunge in Delphos and Bellevue, Ohio, and their network of locations.
“Plenish high-oleic soybean oil provides companies and food-service operators a sustainable, U.S.-grown, soy-based trans-fat alternative with zero grams trans-fat per serving and 20% less saturated fat than commodity soybean oil,” says Mike Lund, vice president of product management for Bunge.
Farmers who contract to grow Plenish high-oleic soybeans in the 2018 growing season will receive a 40-cent-per-bushel incentive for producing the soybeans for buyers call. There are a limited number of acres in the 2018 program.
“The DuPont Pioneer research and development team in Indiana and Ohio have developed Plenish high-oleic soybeans with high yield potential, strong agronomics and the maturities local farmers need,” says Ben Kaehler, commercial lead for DuPont Pioneer. “We’re pleased to be working with Bunge to offer these higher-value soybeans to growers. The processor-paid premium makes them an attractive choice for those who are looking to boost profitability per acre.”
The premium is an incentive to grow the variety because it has an improved fatty acid profile. Plenish high-oleic soybeans provide the highest oxidative stability level of any commercially produced soybean oil. Additionally, the oil’s enhanced stability means longer fry life in restaurant applications and less polymerized oil buildup on equipment, which reduces cleaning costs.
The oil’s stability extends the shelf life for packaged food products without sacrificing flavor and eliminates the need for artificial preservatives, creating the opportunity for a cleaner ingredient label.
Plenish high-oleic soybean oil’s stability also allows it to be used by the chemical industry as a renewable, environmentally friendly alternative to petroleum-based products.
Pioneer brand Plenish high-oleic soybean varieties are being developed with elite genetics using Pioneer’s Accelerated Yield Technology 4.0. Multiple years of local testing have confirmed yields are on par with similar elite commercial soybean varieties.
Pioneer brand Plenish high-oleic soybeans are now approved for export to a number of U.S. soybean export markets. They most recently received import approval in Europe. For more, visit plenish.com.
Source: DuPont Pioneer