Case IH Power Tab

Farm Futures
   Search Site:   Friday, May 25, 2012 | Bookmark This Site   
Skip Navigation Links
Home
Markets
News
Weather
Farm Futures NOW!
Magazine Online
RSS News
Land For Sale
Mobile
Subscribe
Reprints
Register
Login
About Us
Advertise
 
Share This
 

Big Apple a Big Potential Market for Soy Bioheat and Biodiesel

United Soybean Board is working to help projects and promotions that build new markets for renewable energy.
Compiled by staff 
Published: Jan 18, 2012

Soybean Checkoff farmer-leaders from 10 states left their farms for the nation's largest city to build demand for Bioheat and Biodiesel. Farmers who serve on the United Soybean Board and state checkoff boards had a chance to see firsthand how checkoff-funded projects and promotion efforts continue to build a new market for their soybeans in New York City.

Nebraska soybean farmer Loyd Pointer explains why his state checkoff board invested in Bioheat, a renewable oil heat source made with soy biodiesel.

"It looked like a pretty big gamble but we had to do something to move some of our oil," Pointer said. Because the oil was becoming a drag on our soybean market and this looked like something that would work but we had no idea whether it would or not."

But it did work. Starting next October, New York City will require boilers and other heating sources fueled by petroleum-based heating oil to use Bioheat. Pointer says it is a big potential market for U.S. soybean oil.

"Unless you come here and see how they do it you don't realize the whole Northeast uses a lot of heating oil," Pointer said. "You know back where we live we use natural gas, propane, wood."

The Nebraska soybean farmer, who serves on USB, says it's not just Bioheat New York City is embracing. He says they've embraced biodiesel, too.

"New York is such a big city they are concerned about green and the environment and they see biodiesel as a way to clean up their exhaust and too make themselves a greener city," Pointer said.

Pointer and other Soybean Checkoff leaders met with city and state officials, as well as the New York City Parks Department and Port Authority, during their recent visit.

The soybean checkoff will partner with nine U.S. Department of Energy-affiliated "Clean Cities" coalitions to increase the availability and use of soy biodiesel and heating-oil-alternative Bioheat through promotion and education. The Clean Cities program has more than 90 local chapters working in their local areas to reduce petroleum consumption.



Permalink: Click here

Tagged: soybean, checkoff, biodiesel, soybean checkoff, soybeans

Comments
Read comments from others and share your own thoughts.
Please provide the answer to the following question:

 = 
 
Search this site:   

Read More Stories
Farm Bill Heads for Senate Floor
Read this storyCleared by the Senate Ag Committee in April, the farm bill is now ready for debate on the floor.
Read this story

MF Global Friday: Exec Pay Surprise
Read this storyCME defends its post MF Global actions, Corzine got a check and a Senator calls for change at the CFTC.
Read this story

Weak Corn Exports Undermine Farm Futures Prices
Read this storySoybeans find support in strong weekly sales of old-crop supplies. (audio)
Read this story

 
The Buzz: Grain Market Chaos Continues
Meat Exports Holding Steady
Farm Bill Heads for Senate Floor
Afternoon Recap by Arlan Suderman
Morning Call by Bryce Knorr
Weak Corn Exports Undermine Farm Futures Prices
Livestock Call By John Otte
The Buzz: USDA Plays Good Cop, Bad Cop
Weekly Corn Review
Top 50 Tags
4-H afternoon recap American Farm Bureau Federation American Soybean Association animal health arlan suderman biodiesel biofuels bryce knorr BSE Bushel checkoff cotton Drought Environmental Protection Agency EPA ethanol Extension extension service farm farm bill Farm Bureau farm futures farm futures magazine farm futures market farm progress Farm Service Agency farmfutures farmfutures.com farming farmprogress.com fertilizer FFA free trade agreement Harvest insurance labor legal National Cattlemen's Beef Association National Corn Growers Association NCGA soybean soybean association soybeans SURE usda wheat winter wheat www.farmfutures www.farmfutures.com