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Countries by soybean production in 2020. This is a list of countries by soybean production from 2016 to 2022, based on data from the Food and Agriculture Organization Corporate Statistical Database. [1] The total world production for soybeans in 2022 was 348,856,427 metric tonnes, down 6.4% from 372,853,699 tonnes in 2021. [1]
Chinese demand for soybean caused massive growth of US soybean production. In the 1990s, soybeans consist of 450,000 acres of land, and by 2017 the amount rose to 6.4 million. Annual export was worth $26 billion (~$31.8 billion in 2023) annually before 2017.US farmers contributed to funding an organization dedicated to research about the ...
China is loading up on soybeans amid US trade war fears. China's soybean imports rose 6.5% in 2024, hedging against potential Trump trade policies.
(The Center Square) – It was a banner year for soybean farmers in Illinois. According to the National Agricultural Statistics Service (NASS) of the United States Department of Agriculture (USDA ...
Along with climate and corresponding types of vegetation, the economy of a nation also influences the level of agricultural production. Production of some products is highly concentrated in a few countries, China, the leading producer of wheat and ramie in 2013, produces 95% of the world's ramie fiber but only 17% of the world's wheat. Products ...
In the United States, 70 percent of soybean production is used for animal feed, with poultry being the number one livestock sector of soybean consumption. [162] Spring grasses are rich in omega-3 fatty acids, whereas soy is predominantly omega-6. The soybean hulls, which mainly consist of the outer coats of the beans removed before oil ...
1982 - Annual sales pass the US$10 million mark. 1983 - The name of the soybean product line was changed from Peterson to Pioneer. 1991 - Pioneer purchases 2 million shares and establishes a partnership with Mycogen Seeds to develop Bt insect resistance in corn, sorghum, soybean, canola, sunflower, and other seeds. Pioneer sold the shares in 1998.
Between 1930 and 1942, the United States' share of world soybean production grew from 3% to 47%, and by 1969 it had risen to 76%. By 1973 soybeans were the United States' "number one cash crop , and leading export commodity, ahead of both wheat and corn". [ 8 ]