Photo Courtesy of USB
Biobased products, including soy ink, soy foam, and thousands of other products, represent an exciting and rapidly-growing market for soybean farmers. There are multiple federal programs that incentivize the growth of this market segment, including the BioPreferred Program.
The soybean industry is partnering with companies and investing resources into biobased product development. Funding from the farmers’ checkoff dollars, administered by the United Soybean Board and state checkoff boards, has been provided to companies for projects to develop soy biobased products.