Boosting competitiveness of food-grade soybeans
By Top Crop Manager
Apr. 13, 2015 - The federal government is investing $225,000 for Agriculture and Agri-Food Canada (AAFC) scientists to work with the Canadian Soybean Exporters' Association (CSEA) to help boost the global competitiveness of food-grade soybeans.
The soybean industry, working with AAFC scientists at the Greenhouse and Processing Crops Research Centre in Harrow, Ont., will develop quality-control tools to help ensure their crops meet the specific quality attributes in demand for soybeans in global markets.
According to a news release, the primary objective of the project is to evaluate Canadian soybean suitability for soymilk production, and it is targeted mainly at the Asian soy food market, estimated at $880 million in 2014.
Soybeans are currently the fourth-largest crop by seeded acreage, according to Soy Canada, returning $2.4 billion to Canadian farmers.
The investment is being made through AAFC's AgriInnovation Program, a five-year, up to $698 million initiative under Growing Forward 2.