Soybean Prices: Latest Price, News, Market Analysis, Historical & Forecast, Database, Chart
|Synonyms||Soya bean, Glycine max,Dolichos soja L., Glycine angustifolia Miq.|
|Region/Countries for which Data is available||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand|
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece,
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||Our services can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after service delivery|
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Soybean, also known as soya bean, is an edible legume belonging to the pea species. It is full of nutrients like B vitamins, phytic acid, dietary minerals etc. It is a very economical source of protein consumption for millions of consumers and also an essential ingredient for several hundred chemical products across the world.
Soybean is widely used in food and industrial applications. It is the most crucial source of protein for feeding farm animals. They can be cultivated and consumed worldwide in an array of climatic conditions.
Brazil, the United States, Argentina, Paraguay, and Canada are the global leading Soybean producing countries.
Key Details About the Soybean Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Soybean price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Soybean price chart, pricing database, and analysis can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Soybean Price Trend:
Soybean can be turned into shortening, margarine, and vegetarian and vegan cheeses. Soybean is also eaten as an alternative for high-protein meat in the form of varied food product line such as vegan meat, vegetarian food items as well as baby foods.
The oil extracted from the legume is used in Industrial uses like adhesives, linoleum backing, fertilizers, linoleum backing, paints, sizing for cloth, fire-extinguisher fluids, and other various products are impacting Soybean price trend.
Key Market Players:
- Cargill, Incorporated
- Archer Daniels Midland Company (ADM)
- Grain Millers, Inc.
- Corteva Agriscience
News and Events:
- September 26, 2022 – This season, Soybean is being sowed rapidly by Brazilian farmers as major advances were noticed in the states of Parana and the sowing progress in the state of Mato Grosso, which is the major soybean manufacturer in Brazil.
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