CHS Inc., a Fortune 200 grains, energy and foods company, will again offer a special contract program to producers and elevators for low linolenic trait soybeans.
The program includes both Vistive and low-linolenic soybeans from Pioneer Hi-Bred International, Inc.
Similar to previous years, CHS will contract both through elevators and directly with growers in southern Minnesota and northern Iowa for low linolenic soybean production during the 2008 season. The company will pay a $0.60 per bushel premium for the identity-preserved beans upon delivery to the CHS crushing plant in Fairmont, Minn.
Annually, CHS refines more than 85 million bushels of soybeans into vegetable oil for food manufacturer customers. These customers are increasingly interested in oil from soybeans carrying the low linolenic trait due to the reduced presence of trans fats in the oil. These specialty trait beans typically contain less than 3 percent linolenic acid, compared to the 8 percent found in traditional beans. The reduced acid level reduces the need for partial hydrogenation during the refining process, resulting in lower trans fat levels—an increasingly desirable food choice for consumers.
Producers who are interested in participating in the CHS low linolenic soybean premium program for the 2008 growing season can contact CHS toll-free at 1-800-642-0046, or talk with their local seed dealer.