Food processing companies are coming to Indiana which represents a new and growing market for Indiana corn and soybean farmers. Last week, a report by AgriNovus identified the food processing sector as a growth market for Indiana, and Lt. Governor Sue Ellspermann said the state has been actively working to attract more of these companies.
This is good news for corn and soybean growers, says Jane Ade Stevens, Executive Director of the Indiana Soybean Alliance and Indiana Corn Marketing Association. “We want to see the markets no matter where they come from. We have not considered the processing industry as a growth market.”
Stevens says this year has shown just how productive Hoosier farmers can be and the focus must shift to increasing demand for this production, “Now we must look to creating new demand.”
The AgriNovus organization is fostering innovation in the food processing sector to help develop new uses for corn and soybeans outside of traditional channels. Stevens says farmers are financially supporting this effort with checkoff dollars, “This is just another partner we have in the development new uses for soybean and corn products.”