Federal grant · project grant (b)
Quality Roasting QR Will Create a Robust Organic Soybean Market Tailored to Organic Growers Crushers and Manufacturers in the Great Lakes Region. This Initiative Aims to Improve Market Accessibility and Encourage Higher Consumer Consumption of Domestic Food Grade Organic Vegetable Oil. QR Will Develop an Organic Soybean Oil Refining Line With the Capacity to Process Over 18 Million Pounds of Organic Oil Per Year. the Refining Process of Soybean Oil Involves Degumming Bleaching and Deodorization to Remove Impurities and Enhance the Oils Quality Taste and Stability. This Refining Line Will Be an Expansion of the Existing Soybean Crush Process Establishing a More Extensive Organic Soybean Market for Over 1400 Growers in the Region. Moreover This Project Will Expand the Market Opportunities for Crude Organic Soybean Oil by Establishing a Local Market for the Five Existing Soybean Crush Plants Within the Great Lakes Region. Furthermore the Supply of Refined Organic Vegetable Oil Will Increase Benefiting 22 Manufacturers Who Package the Oil for Consumers. QR Initiated Its Organic Program in July 2020 and There Has Been a Remarkable Increase in the Production of Organic Soybean Meal and Oil. From a First Ear Output of a Few Hundred Tons the Company Has Scaled Up to Produce Over 17000 Tons of Organic Soybean Meal and Oil in 2022.
Committed
$1.2 Million
Paid out
$938.2K
79%
Committed, not yet paid
$246.9K
21%
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