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AGP
is the largest farmer-owned cooperative
soybean processing company in the world.
Every day we process more than 15,000 acres
of soybeans. AGP
also is the fourth largest vegetable oil
processor in the United States. In other
words, AGP
has a strong relationship with, and deep
commitment to, soybean farmers.
So, it is only natural that AGP
should pioneer the future of soybean
marketing: value-based pricing.
Value-based pricing rewards producers
for component quality in addition to
commodity quantity. AGP
believes it is in the best interest of
soybean farmers to produce the highest value
soybean possible, and we believe farmers
should be rewarded for providing a product
of higher value.
AGP
is proud to bring value-based pricing to
soybean farmers through the Component
Premium Program. It is the first value-based
marketing system in the soybean industry.
Contact your local AGP
Member Cooperative to learn how you can
participate in the Component Premium
Program.
| Component Premium Schedule |
|
| Percent Oil @ As Is Moisture Premium |
|
Protein Premium
37% or Higher
As Is Moisture |
|
|
|
|
|
|
|
| 19.4 or less |
None |
|
None |
|
|
|
| 19.5 to 19.8 |
2.0 cents |
|
3.0 cents |
|
|
|
| 19.9 to 20.1 |
3.0 cents |
|
3.0 cents |
|
|
|
| 20.2 to 20.4 |
4.0 cents |
|
3.0 cents |
|
|
|
| 20.5 to 20.7 |
5.0 cents |
|
3.0 cents |
|
|
|
| 20.8 to 21.0 |
6.0 cents |
|
3.0 cents |
|
|
|
| 21.1 and higher |
7.0 cents |
|
3.0 cents |
|
|
|
|
|
* Minimum oil required is 19.5 to receive protein premium
* Premiums adjusted to market conditions
* As is moisture
|
|
|
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