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Energy policies could drive up soybean demand

A Midwest seed company is expecting an increase in soybean acres driven by energy policies.

Beck’s Hybrids President Scott Beck tells Brownfield energy policies focused on reducing carbon emissions are increasing demand for biofuels and the grains used to make them.

“Currently 40% of US corn is used to make ethanol. And the movement looks like it is shifting to some degree towards more renewable diesel and sustainable aviation fuels.”

Beck says that will increase demand for soybean oil.

Energy policies could drive up soybean demand

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