A soybean checkoff board member says exports on the Great Lakes can potentially reach more premium buyers. Steve Wilkens with the Wisconsin Soybean Marketing Board tells Brownfield the food-grade soybean market can help the farmer’s bottom line if commodity prices fall. “Markets are cyclical and if we get another downturn, the ability to plant high-yielding beans that give us a two to three-plus dollar premium per bushel is going to be very, very key.”
Wilkens says basis levels are wider than what he likes to see, so it’s another opportunity when growing premium specialty soybeans.