DuPont Pioneer and Bunge North America Thursday announced they will double acreage in 2014 of Pioneer brand soybeans with the Plenish high oleic trait.
For the 2014 growing season, Pioneer will again contract with soybean farmers in the Delphos, Ohio, region to grow Plenish high oleic soybeans that will be delivered to Bunge's facility for processing or to a participating elevator. Growers will be eligible for a processor-paid incentive for producing and delivering high oleic soybeans.
The 2014 contract program will support ramping up of supply to meet increasing oil demand from food companies.
"Ohio growers have been successful with these innovative soybean varieties developed in Ohio, for Ohio fields," said Randy Minton, DuPont Pioneer business director. "Doubling Plenish acres for 2014 is confirmation that high oleic soybean oil is in demand from the industry."
High oleic soybean oil provides a soy-based trans fat alternative for food companies and foodservice operators. Plenish high oleic soybeans from Pioneer contain the highest oleic content (~7% or higher) of any soybean product under commercial development, the company said.
The high oleic content increases the stability of the oil and provides greater flexibility in food applications. Plenish high oleic soybean oil has 0g trans fat per serving and 20% less saturated fat than commodity soybean oil, making it a more attractive ingredient for consumer food products.
Plenish high oleic soybeans are approaching completion of global regulatory approvals with over 96% of U.S. soybean export markets now approved.
Source: DuPont Pioneer