This week’s Open Mic guest is Steve Reinhard, chairman of the United Soybean Board. The Ohio farmer leads the 77-member group that determines where checkoff dollars will be utilized to grow the industry and create opportunities for soybean farmers. Reinhard sees a paradigm shift in demand for soybean oil which should lead to increased domestic crush and more competitive meal prices for exports and the domestic livestock sector. While functioning in the shadow of Brazilian soybean production and export volume, Reinhard says the U.S. commitment to sustainability and overall product quality will keep it viable globally. Reinhard says soy biodiesel and sustainable aviation fuel hold tremendous opportunities for the soybean industry.
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