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