4 companies in $5M soybean deal with South Korea


Published/Last Modified on Thursday, July 2, 2009 7:15 AM CDT

BISMARCK, N.D. (AP) —North Dakota’s lieutenant governor says four Midwestern companies have a $5 million deal to export about 275,000 bushels of soybeans to South Korea for tofu products.

Lt. Gov. Jack Dalrymple said SB&B Foods of Casselton, Brushvale Seed of Wahpeton-Breckenridge, SunOpta of Moorhead, Minn., and The DeLong Co., Inc., of Clinton, Wis., will sell the so-called “identity-preserved” soybeans to the Korean Federation of Soybean-Curd Industry Cooperatives, which represents 12 Korean tofu-processing groups.

Identity-preserved crops are grown under specific instructions, usually under contract, and can be tracked to the field where they were grown. Officials say they bring a premium price.

Advertisement






Dalrymple and Gov. John Hoeven said in a statement that the deal announced Wednesday is first major purchase of identity-preserved soybeans by the South Korea’s private soy food industry.


¤ Please read our Disclaimer and Privacy Policy before participating in our online community.

Comments


Post a comment


Comment posters are responsible for the opinions they express and the accuracy of the information they provide. We urge comment writers to treat this as a public forum where manners matter. We encourage a collegial, non-insulting tone. All readers comments must be approved by our staff before posting to the Web site. Be aware, in accordance with the Communications Decency Act and provisions upheld in judicial appeal, that you are responsible for comments posted on this Web site. The Daily News is not liable for messages from third parties.

DO NOT POST:
* Potentially libelous statements or damaging innuendo.
* Obscene, explicit, or racist language.
* Personal attacks, insults or threats.
* The use of another person's real name to disguise your identity.
* Comments unrelated to the story.

Opinions, advice and all other information expressed in wahpetondailynews.com's reader comments represent the individual's own views and not necessarily those of the The Daily News. The Daily News does not endorse and is not responsible for statements, advice or opinions offered by anyone other than authorized The Daily News spokespersons.

Thank you for your comments!

(optional)
   

Classifieds

CONTACT

    Phone: (701) 642-8585
    Fax: (701) 642-6068

Weather


Advertisement


Advertisement