Overview of Food Soybean Economics by Dr. Frayne Olson
Economics overview with Dr. Frayne Olson, Crops Economist and Marketing Specialist, North Dakota State University, who compares conventional soybeans and food-grade soybeans in:
o Cost and returns comparison per acre (food-grade soybeans produce higher returns)
o Direct expense comparisons per acre
o Management considerations (pest control, cross-contamination, record keeping)
o Contract provisions
o Counter party risk and federal crop insurance
To learn more about the NFGSA visit: https://www.nfgsa.org
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