WHAT: Bunge will offer 2021 production contracts for Pioneer brand Plenish high oleic soybeans.
WHERE: Bunge is contracting soybeans for delivery to its Bunge North America soybean crush plants or to one of the participating elevators.
PROGRAM DETAILS: Farmers who contract with Bunge to grow Plenish high oleic soybeans in 2021 can earn a processor-paid premium of $0.65/bu for a harvest delivery to a designated elevator or $0.75/bu for on-farm storage. Farmers can earn an additional $3.00/acre if invoiced and contracted by Dec. 9, 2020. Additional program details are available from your local Pioneer sales representative, a Bunge soybean merchandiser or at Pioneer.com.
BACKGROUND ON PLENISH HIGH OLEIC SOYBEANS: As consumer and food industry demand for healthier ingredients continues to grow, opportunities to maximize soybean profit potential grow with it. Plenish high oleic soybeans offer farmers a value-added product to help meet demand and boost soybean market opportunities.