Hoosier farmers have until Dec. 1 to secure high oleic soybean contracts for the 2023 growing season.
Cass County Farmer Kevin Wilson has locked in a $2.20 bushel premium.
“The premium that I have been offered through ADM is $2.20 locked in on top of whatever price when you chose to sell your soybeans,” he says. “It seems to be a really great benefit for us. With all the variability that we have going on, this is a constant one that we can lock in and we know that premium will be there.”
Wilson says the transition has been easy and he doesn’t do anything differently during the growing season for high oleic soybeans than he does for commodity soybeans.