A governing board member for Clean Fuels Alliance America says the growing biodiesel and renewable diesel industry has been bringing added value to farming operations.
Dave Walton, who also raises soybeans, corn, alfalfa, and mixed hay and pastures in eastern Iowa, says the value of soybean oil is driven by biofuels.
“Right now I think it’s around 13% of the value of a soybean is directly due to the biodiesel industry.