cm0002@lemmy.world to United States | News & Politics@midwest.social · 7 days agoFarmer says 'we're in a very dire situation' ahead of harvest—with zero soybean orders from China, historically the largest buyer | Fortunefortune.comexternal-linkmessage-square14fedilinkarrow-up170arrow-down10
arrow-up170arrow-down1external-linkFarmer says 'we're in a very dire situation' ahead of harvest—with zero soybean orders from China, historically the largest buyer | Fortunefortune.comcm0002@lemmy.world to United States | News & Politics@midwest.social · 7 days agomessage-square14fedilink
minus-squarewhiwake@lemmy.cafelinkfedilinkEnglisharrow-up19·7 days agoThat just means more soybeans for the US, and because supply and demand is still an economic principal, the price will go way down. /s hahahaa they’re gonna burn them instead of selling them cheaper.
minus-squarenosuchanon@lemmy.worldlinkfedilinkarrow-up1·5 days agoI wonder if soybeans can be turned into ethanol.
minus-squarewhiwake@lemmy.cafelinkfedilinkEnglisharrow-up2·5 days agoSoybean oil can be transesterified with an alcohol (usually methanol) in the presence of a catalyst to make fatty acid methyl esters (FAME) or “biodiesel.” https://en.m.wikipedia.org/wiki/Transesterification
minus-squaregoferking (he/him)@lemmy.sdf.orglinkfedilinkarrow-up1·5 days agoI mean they can but just like corn or others takes more energy to turn it into that then you get back
That just means more soybeans for the US, and because supply and demand is still an economic principal, the price will go way down.
/s hahahaa they’re gonna burn them instead of selling them cheaper.
I wonder if soybeans can be turned into ethanol.
Soybean oil can be transesterified with an alcohol (usually methanol) in the presence of a catalyst to make fatty acid methyl esters (FAME) or “biodiesel.”
https://en.m.wikipedia.org/wiki/Transesterification
Interesting.
I mean they can but just like corn or others takes more energy to turn it into that then you get back