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Innerva Soy Products (MSP) buys soybeans and processes them into other soy products. Each ton of soybeans that MSP purchases for $250 can be
Innerva Soy Products (MSP) buys soybeans and processes them into other soy products. Each ton of soybeans that MSP purchases for $250 can be converted for an additional $200 into 575 lbs of soy meal and 80 gallons of soy oil. A pound of soy meal can be sold at splitoff for $1.28 and soy oil can be sold in bulk for $4.25 per gallon. MSP can process the 575 pounds of soy meal into 725 pounds of soy cookies at an additional cost of $360. Each pound of soy cookies can be sold for $2.28 per pound. The 80 gallons of soy oil can be packaged at a cost of $230 and made into 320 quarts of Soyola. Each quart of Soyola can be sold for $1.35.
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