Soy is a valuable source of protein and oil and is widely used as a staple food worldwide
SOY
SOY
The soybean is a legume native to East Asia. It is widely grown for its edible bean. The bean has many uses.
Soybeans can be used to make soy milk. From soy milk, tofu and tofu skin can be made. Fermented soy foods like soy sauce, fermented bean paste, nattō, and tempeh are also made from soybeans. Fat-free soybean meal is a cheap source of protein for animal feed and packaged meals. Soybean products like textured vegetable protein (TVP) are used in meat and dairy substitutes.
Soybeans contain phytic acid, dietary minerals, and B vitamins. Soy vegetable oil is made from processed soybeans and used in food and industrial applications. Soybean is an important protein source for farm animals, which provides animal protein for humans.
Soybeans are oily beans and belong to the legume family. They provide food for many people and are used in chemical preparation.
Global soybean production was 370.24 million tons last year. It is expected to increase to 399.50 million tons in 2023, which is a 7.90% increase.
This year, Brazil expects to harvest 153 million tons of soybeans. Brazil is the largest producer and exporter of soybeans. About 92 million tons will be exported, which is a 16.6% increase compared to the previous season.
In 2022, the top exporters of soybeans and soybean meal were:
– Brazil: 50% of global exports, valued at $46 billion.
– United States: 37% of global exports, valued at $34 billion.
– Argentina: 3.3% of global exports, valued at $3.08 billion.
– Canada: 2.9% of global exports, valued at $2.7 billion.
– Uruguay: 2.06% of global exports, valued at $1.92 billion.
Soybean meal is a byproduct of extracting soybean oil. It is categorized based on its crude protein content for marketing purposes.
Currently, 98% of soybean meal worldwide is used as feed for livestock and poultry. Around 80% of the world’s soybeans are used as animal and poultry feed, particularly for beef, chicken, eggs, and dairy products like milk, cheese, butter, and yogurt.
In our country in 1401, we imported over 1.4 million tons of soybean meal worth more than $848 million. We process and consume domestic products.
From Cultivation to Consumption
Soybean Plant
Soy is recognized as one of the important and exceptional plants in the world of agriculture and nutrition. This leguminous plant, with its diverse range of products and applications, has found its way from Asia to all corners of the globe. It holds a special place in various uses, from culinary applications to industrial uses, and is an integral part of both human and animal nutrition
Global Market
The United States of America is the world's largest soybean producer, with an annual production of 123.664.230 tons. Brazil ranks second, producing 117.887.672 tons annually. The United States, Central Brazil, and Southeast South America collectively account for over 80% of the world's soybean reserves. It is expected that in the near future, Brazil will reach its highest production level, reaching 154.0 million tons of soybeans