St. Louis, Missouri
December 21, 2006
U.S. soybean farmers face great
challenges and even greater opportunities in the coming years
due to the need to cut trans fats out of foods by supplying
healthier varieties of soybean oil.
Soybean oil represents a 17-to-18-billion-pound market each year
in the United States. Recently, the food industry has recognized
the need to replace the 7 to 8 billion pounds of oil that is
partially hydrogenated. The process of hydrogenation forms
trans-fatty acids, which scientists recognize to be an unhealthy
variety of fatty acid.
"Farmers now have a great opportunity to grow varieties of
soybeans that meet the overwhelming need of the food industry,
and to profit at the same time," said
QUALISOY chairman Jim
Sutter.
Soybeans with a reduced amount of linolenic acid - low-lin
soybeans - can meet this need for a healthier oil. Premiums
available for low-lin beans range from 35 cents to $1. Low-lin
varieties are available in 14 states, and this number is
increasing every year.
John Davis, a soybean farmer and seed dealer from Delaware,
Ohio, planted low-lin soybeans in 2005 and 2006. "The premium is
great," said Davis, "but we as farmers also need to think about
being good stewards of the food we produce, to help people eat
healthier."
The breakthrough of low-linolenic soybean oil will benefit the
food industry and consumers, and could add an estimated $100
million per year to the value of soybean commodities. It is
predicted that more than 1 billion pounds of low-linolenic oil
could be available by 2007, according to QUALISOY, but that
still does not meet the need of the food industry. Kellogg
Company and Kentucky Fried Chicken are among the major food
companies and restaurants that have already switched to low-lin
oil.
"We encourage soybean farmers to contact their seed dealers now
to learn more about including low-lin varieties in their spring
planting," said Sutter.
Low-linolenic soybeans that currently meet QUALISOY quality
standards include VISTIVE™ from Monsanto; Pioneer® brand
low-linolenic soybeans; and Asoyia™ ultra-low-linolenic
soybeans.
QUALISOY is a collaborative effort within the soybean
industry to help market soybeans that contain healthier oils and
improve the global competitiveness of the U.S. soybean industry.
A diverse 22-member QUALISOY Board of Directors sets research
priorities; evaluates existing and emerging technologies; and
determines which traits, products and processes will be eligible
to carry the QUALISOY name. |