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In 1933 soybeans were trading at $0.39 cents per bushel. By 1948 the same soybeans were trading at $4.13 a bushel. There was nothing different about the beans themselves.
Chart of global trade volume in wheat, coarse grain and soybeans 1990 to 2008, and projected to 2016. United States Department of Agriculture, 2008. Chart of the United States stock to use ratio of soybeans, maize and wheat, from 1977 to 2007, and projected to 2016. United States Department of Agriculture, September 2007.
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]
The American Soybean Association (ASA) is an association of 21,000 American soybean producers. John Heisdorffer is the 2018 President of the Association. [ 1 ] Stephen Censky worked for ASA for 23 years, 21 of those as CEO, and then left to become United States Deputy Secretary of Agriculture in 2017.
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]
Paraguay's production was expected to reach barely 2.97 million tons in 2022, 68% less than in 2020/21. The average yield was only 900 kg/ha, the lowest figure in Paraguay's history, which led to increased idling of soybean oil processing plants. [7]
The final characteristics of a soybean plant are variable, with factors such as genetics, soil quality, and climate affecting its form; however, fully mature soybean plants are generally between 50 and 125 cm (20 and 50 in) in height [9] and have rooting depths between 75 and 150 cm (30 and 60 in).
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