February 4, 2014
Popularity ofUS soy boosts industrial demand
US soy has become increasingly popular among product manufacturers due to its various performance and environmental attributes, which has helped boost industrial demand for soy.
In 2013, the soy checkoff partnered with manufacturers to commercialise 38 new soy-based products and ingredients.
The list of products developed with soy checkoff support in 2013 includes new additions to some popular soy-based product categories, such as coatings, adhesives and plastics. It also includes soy-based ingredients that could be used in countless new products.
Dale Profit, a soy checkoff farmer-leader and soy farmer from Van Wert, Ohio, US,recognises the value-added prospects of industrial soy use.
Soymeal's primary use remains animal feed, while most soyoil goes to human food, Profit adds. But versatile soy can also help manufacturers replace petrochemicals and possible carcinogens in their products. Soy-based products are more renewable and environmentally friendly and in some cases, perform better.