IOM soybeans
From Wikipedia, the free encyclopedia
IOM soybeans is an industrial designation for soybeans from the U.S. states of Indiana, Ohio and Michigan. Beans grown in those states have a high protein content which is valued by processors, in particular in Japan. IOM soybeans are traded on the following Japanese commodity exchanges,
- Fukuoka Futures Exchange (FFE)
- Kansai Commodities Exchange (KEX)
- Tokyo Grain Exchange (TGE), with other US state origins too
and in the past were traded on
- Central Japan Commodity Exchange (C-COM)
The Japanese contracts called "IOM soybeans" are unsegregated, meaning any mixture of genetically modified and not. Non-GM IOM soybeans in Japan are usually just called "Non-GM soybeans".
[edit] References
- The Value of Protein and Oil in Soybeans at Dyna-Gro Seed Co
- Soybean utilization FAQ, Karl E. Weingartner at the University of Illinois at Urbana-Champaign
