How much could farmers stand to gain from biodiesel’s potential to improve soybean and other feedstock prices?
A. Increased soybean demand is a key determinant to a potential increase in soybean prices, and the United Soybean Board says biodiesel represents the largest potential industrial use of soybeans. The economic benefits of using biodiesel are shown to accrue to farmers, local communities, end users and the nation as a whole.
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