As renewable diesel emerges as the ideal biofuel, soybean oil demand is expected to erupt, and U.S. Soy is poised to meet demand.
The announcement of unlikely partnerships, such as Loves and Cargill, Marathon Petroleum and ADM and Chevon and Bunge, have appeared on front pages of newspapers across the United States.
“It’s clear that sustainability is a bigger and bigger business...
WRONG!.....the world certainly does not need more Soybean from Brazil, where it is causing destruction of Rainforest. The US crop is also far from sustainable, as it relies heavily on GMOs and toxic chemicals, which have serious environmental implications.
Do not underestimate Oil Palm, which is far more efficient in terms of both yield and inputs.
There is still room for expansion, and land area requirement is a fraction of that used for Soybean. Modern Palm genetics are even higher yielding, and many are Semi-dwarf, which makes harvesting easier.