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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]
Soybean oil (British English: soyabean oil) is a vegetable oil extracted from the seeds of the soybean (Glycine max). It is one of the most widely consumed cooking oils and the second most consumed vegetable oil. [2] As a drying oil, processed soybean oil is also used as a base for printing inks and oil paints.
Argentina is the world's top exporter of processed soy oil and meal, the third largest. ... blowing past the previous record of $16.89 billion set in 2009. The December monthly data, set to be ...
The following article lists different countries and territories by their exports according to data from the World Bank. Included are merchandise exports and service exports. Merchandise exports are goods that are produced in one country and sold to another country. Service exports refer to the cross-border sale or supply of services by ...
Throughout the 20th century, the United States was the largest global exporter of most grains and oilseeds, including corn, wheat, and soybeans. In recent years, other countries and regions have ...
Approximately 85% of the world's soybean crop is processed into soybean meal and soybean oil, the remainder processed in other ways or eaten whole. [129] Soybeans can be broadly classified as "vegetable" (garden) or field (oil) types.
Riceland Foods, Inc. is the largest farmer-owned rice and soybean marketing cooperative in the world with headquarters in Stuttgart, Arkansas, United States.The cooperative was founded in 1921 and has become a major rice and grain miller and a global marketer of the same.
By 2023, U.S. soybean oil demand could outstrip U.S. production by up to 8 billion pounds annually if half the proposed new renewable diesel capacity is constructed, according to BMO Capital Markets.