Buying Soybeans from the United States

The United States is the second-largest producer of soybeans in the world after Brazil, accounting for 32% of the global soybean supply. The U.S. produces roughly 97 million tonnes of soybean per year. There are nearly 35 million hectares devoted to planting soybeans in the United States. Some of the top soybean-producing states in the U.S. include Iowa, Indiana, Nebraska, Missouri, Illinois, Pennsylvania, and Minnesota.

What Are Soybeans Used For?

Food Products

Soybeans are a staple ingredient in many food products. They are used to produce soy milk, tofu, tempeh, and soy-based meat substitutes like veggie burgers and sausages. Soybean oil, derived from soybeans, is also used in cooking and as an ingredient in salad dressings, sauces, and margarine.

Industrial Applications

Soybeans have industrial applications in various sectors. They are used in the production of biodiesel, a renewable fuel source that can be blended with petroleum diesel or used as a standalone fuel. Soy-based lubricants, solvents, and adhesives are also derived from soybeans, offering eco-friendly alternatives in various industrial processes.

Cosmetics and Personal Care Products

Soy-based ingredients, such as soybean oil and soy protein, are utilized in the formulation of cosmetics and personal care products.

Animal Feed

Soybeans are a valuable source of protein for animal feed. They are processed into soybean meal, which serves as a high-protein feed ingredient for livestock, poultry, and aquaculture industries.

Textiles

Soy-based fibers, such as soy silk and soy cashmere, are emerging as sustainable alternatives in the textile industry. These fibers offer softness, durability, and natural moisture-wicking properties, contributing to eco-friendly and cruelty-free clothing options.

Soy Candles

Soy wax, derived from soybeans, is utilized in the production of environmentally-friendly candles.

Reasons to Buy Soybeans from the United States

Quality and Standards

The United States has established robust quality standards and regulations for agricultural products, including soybeans. U.S. soybeans are known for their consistent quality, reliable supply, and adherence to strict food safety standards. As a buyer, you can have confidence in the high-quality soybeans produced in the country.

Extensive Production

The U.S. is one of the top producers of soybeans in the world. The vast agricultural landscape, advanced farming techniques, and favorable growing conditions contribute to a substantial soybean yield. This abundance ensures a steady supply of soybeans to meet domestic and international market demands.

Soybean Variety

The U.S. soybean industry offers a diverse range of soybean varieties to cater to different needs and applications. Whether it’s conventional soybeans, high-oleic soybeans, GMO or non-GMO varieties, or specialized types for specific food or industrial purposes, buyers can find the soybean type that aligns with their requirements.

What Is The Price Of Soybeans In The United States?

The price of soybeans in the U.S. as of July, 2023 ranges between $14.5 and $15.5 per bushel. However, the price of soybeans is usually influenced by various factors, including market conditions, supply and demand dynamics, weather patterns, geopolitical events, and global trade policies. As in importer and exporter of food products since the early 1990s, let Blue Nile Today steer you in the right direction when it comes to agricultural products by partnering with us today and seeing what is possible for your business growth.