Farm Sector Revenue and Food Sustainability Leadership Opportunity
Overview
- Background
- Soybean feed quality findings
- Corn demand findings
- Reducing livestock GHGs
- Supporting farm and consumer sustainability success
“Looking at every prediction for 2050, we can’t miss any opportunity to produce food more efficiently.”
— Dr. Bart Borg, Standard Nutrition Company
Soybean Protein Declining
![US-Soy-Protein-Content](https://fieldrise.com/wp-content/uploads/2022/01/US-Soy-Protein-Content.png)
Soybeans Losing Feed Market Share
![Market-Share-Soybeans](https://fieldrise.com/wp-content/uploads/2022/01/Market-Share-Soybeans.png)
Source: Dr. Bart Borg, Director of Feed Operations, Standard Nutrition Services — sample formulations.
Farm Revenue Losses — Soybean Meal Use 2000 vs. 2010
![Farm-revenue-losses](https://fieldrise.com/wp-content/uploads/2022/01/Farm-revenue-losses.png)
Source: R. Dean Boyd, PhD, Nutritionist for Hanor Company
Feed Formula Comparison via Dalex Software
44 SBM Formula Cost – $191.20
SBM used/ton – 437.22 lbs
Corn used/ton – 1,481.49 lbs
Fat used/ton – 20.87 lbs
![Dalex1](https://fieldrise.com/wp-content/uploads/2022/01/Dalex1.jpg)
50 SBM Formula Cost – $180.72
SBM used/ton – 372.67 lbs
Corn used/ton – 1,563.53 lbs
Fat used/ton – 2.54 lbs
![Dalex2](https://fieldrise.com/wp-content/uploads/2022/01/Dalex2.jpg)
Increasing Soybean Protein Decreases
Soybeans and Increases Corn in Feed Rations
![Soybeans in swine](https://fieldrise.com/wp-content/uploads/2022/01/Soybeans-in-swine.jpg)
![Corn in swine](https://fieldrise.com/wp-content/uploads/2022/01/Corn-in-swine.jpg)
![Soybeans in poultry](https://fieldrise.com/wp-content/uploads/2022/01/Soybeans-in-poultry.jpg)
![Corn in poultry](https://fieldrise.com/wp-content/uploads/2022/01/Corn-in-poultry.jpg)
Implied Aggregate Value Goes Up with Better Soy
![Soy-Value](https://fieldrise.com/wp-content/uploads/2022/01/Soy-Value.jpg)
Based on feed usage and prices for 2018 market year
Assumes all swine and poultry feed rations increased CP
This added value can be shared across the value chain
More Corn Demand
High quality soybeans increase corn demand up to:
5.2%
in pork
production
13.8%
in broiler production
![Corn-usage](https://fieldrise.com/wp-content/uploads/2022/01/Corn-usage.jpg)
Reduced GHGs
- GHGs and energy use decrease with higher soybean quality
- Corn and GHG deltas create an industry leadership opportunity
Natural feed has lower carbon intensities than DDGS and synthetics
![Carbon-intensities](https://fieldrise.com/wp-content/uploads/2022/01/Carbon-intensities.png)
Benavides et al.
Increasing Soybean Meal Protein in Swine and
Poultry Diets Decreases GHG Emissions
![CCO2-per-ton-of-feed](https://fieldrise.com/wp-content/uploads/2022/01/CCO2-per-ton-of-feed.jpg)
![Change-in-CO2-equivalent](https://fieldrise.com/wp-content/uploads/2022/01/Change-in-CO2-equivalent.jpg)
Compared to 44% CP, CO2-equivalent
1% to 3.5% for swine diets across phases
16% to 22% for poultry diets across phases
![FieldRise_ColorLogo-Sm_white](https://fieldrise.com/wp-content/uploads/2020/10/FieldRise_ColorLogo-Sm_white.png)
Farmer Viewpoints