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SOYBEANS. Soybeans were domesticated in China High in protein 38 % protein.

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Presentation on theme: "SOYBEANS. Soybeans were domesticated in China High in protein 38 % protein."— Presentation transcript:

1 SOYBEANS

2 Soybeans were domesticated in China

3 High in protein 38 % protein

4 Soybeans 38 % protein 18 % fats and oils

5 Soybeans 38 % protein 18 % fats and oils greatest food use in Orient

6 Soybeans 38 % protein 18 % fats and oils greatest food use in Orient USA #1 producer, BRAZIL #2

7 Soybeans 38 % protein 18 % fats and oils greatest food use in Orient USA #1 producer, Brazil #2 World's greatest source of vegetable oil

8 Soybeans 85% of crop in USA goes into food for human and livestock consumption

9 Soybeans 85% of crop in USA goes into food for human and livestock consumption 15% for industrial uses

10 Soybeans 15% for industrial uses Fuel

11 Soybeans 15% for industrial uses glue

12 Soybeans 15% for industrial uses glue enamels

13 Soybeans 15% for industrial uses glue enamels linoleum

14 Soybeans 15% for industrial uses glue enamels linoleum ink

15 Soybeans 15% for industrial uses glue enamels linoleum ink soap

16 THE CRUSH: SOYBEAN MEAL SOYBEAN OIL

17 60 LBS OF BEANS IN A BUSHEL ABOUT 44 LBS OF MEAL ABOUT 11 LBS OF OIL About 5 lbs of waste

18 IF THE PRICE OF MEAL IS $440/TON AND THE PRICE OF OIL IS $.37/LB THEN THE VALUE OF THE PRODUCT IS $440/2000 * 44 = $.37 * 11 = 4.07 = If the price of soybeans is $12.21/bu The crushing margin is $ 1.54/bu

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26 World Soybean Production 2007 Million Bushels Million Metric Tons.. United States2, Brazil2, Argentina1, China India Paraguay Canada992.7 Other Total8,

27 Soybean Production and Trade Brazil and Argentina

28 Factors that have influenced soybean production and trade in South America

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33 Factor #1 World Demand for high protein meal and vegetable oil has increased dramatically. In 1966 total soybean complex exports was about 10 Mil Mt Today it is about 122 Mil Mt

34 Factor #2 USA crop land base is rather fixed. The increase in soybean production has come at the expense of other crops.

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36 Brazil still has considerable land that could be brought into production.

37 Factor #3 Brazil and Argentina had an economic incentive to increase export crop production. Economic development and debt repayment takes hard currency – soybeans generate money

38 Factor #4 Brazil embarked on a research program to develop soybean varieties that were suited for the climate and, daily and seasonal light patterns.

39 Factor #5 The US soybean embargo of 1973.

40 The embargo shook the our importers confidence in the United States as a reliable supplier of food. Particularly Japan The Japanses-Braziliam Cooperation Program for the Development of the Cerrados

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