18 June 2008
First HBPSM™ Feed Operation…
Posted under: Updates .
Benchmark Ag is pleased to announce it is moving ahead with plans to produce High By-pass Protein Soybean Meal (HBPSMTM) in Minnesota.
“Benchmark Ag will be the first HBPSMTM operation to be entirely produced in the state.”
We received approval from Cannon Falls for 14 acres of land plus other economic benefits and incentives. The total package or direct financial benefits to Benchmark Ag from these sources will probably exceed $1.7 million (see “Why Pick Cannon Falls, Minnesota?”).
Benchmark Ag’s business model has evolved from emphasis on biodiesel/soybean oil to an agriculturally based company, producing HBPSMTM feed for dairy cattle. Our meal will produce as much as three to four additional pounds of milk per day with higher butterfat content, per cow. HBPSMTM feed will produce strong margins in an open market. 25-30% of dairy farmers use HBPSMTM feed today leaving a sizable market to be developed.
We have strengthened our team with agricultural industry and soybean experts. (see Our Team)
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