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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 ]
The soybean, soy bean, or soya bean (Glycine max) [3] is a species of legume native to East Asia, widely grown for its edible bean, which has numerous uses.. Traditional unfermented food uses of soybeans include soy milk, from which tofu and tofu skin are made.
Chicago Board of Trade Corn Futures market, 1993 Oil traders, Houston, 2009. A commodity market is a market that trades in the primary economic sector rather than manufactured products, such as cocoa, fruit and sugar. Hard commodities are mined, such as gold and oil. [1] Futures contracts are the oldest way of investing in commodities.
By the late 1970s, Paraguay was a major soybean power in the Americas. In 1978, R.C. Schroeder wrote that Paraguay and other Latin American nations were gaining market share in the international soybean market where the United States had enjoyed a virtual monopoly for decades. [4]
A genetically modified soybean is a soybean (Glycine max) that has had DNA introduced into it using genetic engineering techniques. [1]: 5 In 1996, the first genetically modified soybean was introduced to the U.S. by Monsanto. In 2014, 90.7 million hectares of GM soybeans were planted worldwide, making up 82% of the total soybeans cultivation area.
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