(Jamie) Welcome back to Farm Factor and the Kansas Soybean Update.
(Greg) This is the Kansas Soybean Update. It’s brought to you by the Kansas Soybean Commission. The Soybean Checkoff, Progress Powered by Kansas Farmers. Craig Gigstad is a soybean producer from Valley Falls, Kansas, and also serves as a Kansas representative on the Board of Directors of the United Soybean Board. Craig the Soy Checkoff has been working to show the benefits and value of using high oleic soybean oil for restaurants to use in their kitchens. (Craig) As part of its demand building strategy the Soy Checkoff educates the food industry on the benefits of high oleic soybean oil. Recently the checkoff funded case studies with two restaurants whose chefs came away with a new appreciation and a preference for high oleic soybean oil. These case studies verified the research that has been on high oleic soybean oil and shows the acceptance and success in the food industry. The chefs saw how the innovative technology offers solutions to the trans fats and other issues. (Greg) What’s going to convince more restaurants to make the switch to high oleic soybean oil? (Craig) Having seen the benefits of using high oleic soybean oil first hand, these chefs are now advocates within the food industry, as the number of companies adopting the oil increases in the near future, industry officials expect U.S. acreage of high oleic varieties to grow as well. The soybean industry has set a goal of 18 million acres of high oleic soybeans planted by 2023 to meet projected consumer needs. This should help USB sustain its mission of increasing U.S. soy producers profitability. (Greg) And Craig it’s also exciting news that high oleic soybean varieties will be available in certain parts of Kansas for the first time in 2016. (Craig) We are very excited about that Greg. Crushed Plant in Hastings, Nebraska, has announced that they wanted to contract acres from south central Nebraska on down into north central Kansas, so areas around Concordia, Osborne area, those producers have had opportunity to do contract acres and I think the sign up went extremely well. They filled 250,000 acres in eight days. They’re very pleased with the results. (Greg) Craig we appreciate your time. Thank you very much. (Craig) Thank you Greg. Greg) That’s Craig Gigstad, who is a soybean producer from Valley Falls, Kansas. He also serves as a Kansas representative on the Board of Directors of the United Soybean Board. And he’s been our guest on the Kansas Soybean Update. It’s brought to you by the Kansas Soybean Commission. The Soybean Checkoff, Progress Powered by Kansas Farmers. Learn more at kansassoybeans.org. For Kansas Soybeans, I’m Greg Akagi.
(Jamie) Hope you enjoyed this week’s Kansas Soybean Update. After the break we’ll join Kyle and Dr. Dan Thomson.