IOM soybeans

IOM soybeans

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 that 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) (including other US state origins);

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."

References

* [http://www.dynagroseed.com/dynagro/docs/The%20Value%20of%20Protein%20and%20Oil%20in%20Soybeans.pdf The Value of Protein and Oil in Soybeans] at Dyna-Gro Seed Co

* [http://web.aces.uiuc.edu/faq/faq.pdl?project_id=1&faq_id=128 Soybean utilization FAQ] , Karl E. Weingartner at the University of Illinois at Urbana-Champaign


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