Home Energy Biodiesel is Good for U.S. Soybean Farmers

Biodiesel is Good for U.S. Soybean Farmers

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USB with Greg Greving-HAT

Greg GrevingWhether on a farm or in a big city, biodiesel works and benefits U.S. soybean farmers. Biodiesel uses more than 25-percent of the soybean oil processed in the U.S., giving a significant return to soybean farmers.

As a self-proclaimed biodiesel junkie since 2005, Nebraska soybean farmer and soy checkoff farmer-leader Greg Greving says the proof is there that biodiesel has helped the bottom lines of U.S. soybean farmers.

“There was a study done a few years ago that the amount of biodiesel that’s been put on the market has added about 74 cents a bushel to every bushel of soybeans that’s sold here in the United States. So, you do the math.”

Whether in the Midwest or on the east or west coast, biodiesel demand from various customers brings economic benefits back to U.S. soybean farmers.

U.S. soybean farmers have supported the biodiesel industry’s growth through the soy checkoff, which continues supporting biodiesel research and education conducted by the National Biodiesel Board.

For more information on the benefits of biodiesel, visit WWW.UNITEDSOYBEAN.ORG.