en.Wedoany.com Reported - Courtney Knupp, the new CEO of the United Soybean Board, said the organization is committed to creating new market opportunities for U.S. soybeans by 2027 to enhance farmer profitability.
Knupp noted that boosting domestic demand is one of the key ways to improve farmer profitability. She said soybean products have a wide range of applications, including soy-based foam, bio-based materials, and high-oleic soybeans used for cooking oil. She emphasized the need to seize more opportunities to influence U.S. consumers and keep products domestically at high value, thereby returning profits to the farm.
Knupp told Brownfield that continued investment in research and development is critical to maintaining competitiveness. She mentioned that U.S. soybean research funding is expected to drive more alternative innovations that help improve production efficiency, and the organization will continue in this direction, considering how to better operate production businesses.
The organization's total budget of $122.5 million was approved at the board meeting held in Indianapolis in July, with a focus on three key areas: health and nutrition, infrastructure and connectivity, and innovation and technology.
