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Food for Peace, meanwhile, provided nearly 4 billion pounds of American-grown food to 58 million people globally in 2022, according to the U.N. World Food Programme, which counts the U.S. as its ...
Soybean meal is used in food and animal feeds, principally as a protein supplement, but also as a source of metabolizable energy. Typically 1 bushel (i.e. 60 lbs. or 27.2 kg ) of soybeans yields 48 lbs. (21.8 kg) of soybean meal. [ 1 ]
Soybean meal, or soymeal, is the material remaining after solvent extraction of oil from soybean flakes, with a 50% soy protein content. The meal is 'toasted' (a misnomer because the heat treatment is with moist steam) and ground in a hammer mill. Ninety-seven percent of soybean meal production globally is used as livestock feed. [158]
Ag lender CoBank projected last week that U.S. farmers would plant 94.55 million acres of corn in 2025, up about 4% from 2024, while soybean plantings would fall to 84.0 million acres, down 3.6% ...
The high food prices have contributed to worldwide protests particularly in Africa. [3] High food prices were also a major factor contributing to the Arab Spring unrest. [4] The deflated FAO food price index reached an all time high in 2012. [5] As a result of a very dry summer in the United States and Europe, corn and soybean prices reached ...
National corn production is up 10% from last year, forecast at 15.1 billion bushels; soybean growers are expected to decrease their production 2% from 2022, forecast at 4.21 billion ...
The soybean checkoff is a congressionally-mandated assessment on soybeans, whose proceeds are used to fund soybean research and promotion efforts. The checkoff is managed by the United Soybean Board under the supervision of the United States Department of Agriculture Agricultural Marketing Service. In 2014, the checkoff was $109.1 million. [1]
According to Bloomberg, agriculture trading is CME's fastest-growing asset class, with volumes up 35% year-to-date. The effort is part of CME's broader plan to pull retail investors into a market ...
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