Michael UguliniSOY...THE VERSATILE BEAN
June 14th 2008 02:22
Soybeans find use in many products that we use everyday and are a staple of the North American farm economy.
Today, June 13,2008, Soybeans rose to a three-month high in Chicago. Soybean futures for July delivery rose 14.75 cents to $15.5125 per bushel. That's a gain of 6.3% in the price this week.
Soybean, (Glycine max), a member of the Leguminosae family, originated in China and was introduced into Canada in 1893. (Agriculture and Agri-Food Canada)
75.5 million acres of soybeans were planted in the United States in 2006 (2007 figures to come).
Most soy biodiesel is sold blended with petroleum diesel. The most common blends are B2, B5 and B20, meaning 2 percent, 5 percent and 20 percent blends of soy biodiesel, respectively. (United Soybean Board)
China was the largest customer for U.S soybeans according to 2006 statistics.
Cooper Power Systems (CPS) has paired with the United Soybean Board (USB) and the Soybean Checkoff since the late 1990s to incorporate soybean oil into transformer fluid. (United Soybean Board)
The soybean is found in body care products, candles, shampoos, composite materials, as soymilk, in margarine, and cheese, to name a few products.
A 60-pound bushel of soybeans yields approximately 11 pounds of soybean oil.
75% of the edible consumption of oils and fats in the U.S. came from soybeans.
More than 4,500 growers and other associates gathered in Nashville, Tennessee this year for the 2008 Commodity Classic. This is a trade show and convention that features the National Corn Growers Association, the National Association of Wheat Growers, and of course...the American Soybean Association.
The United Soybean Board and SoyBean Checkoff promote the use of soy in construction products.
Soy-based construction products that are normally developed are adhesives, coatings, lubricants, and plastics. Soy-based adhesives can be found in some common wood products like plywood.
Tofutti Brands, Inc. a soy food products manufacturer saw their shares close today at $2.86.
Today, June 13,2008, Soybeans rose to a three-month high in Chicago. Soybean futures for July delivery rose 14.75 cents to $15.5125 per bushel. That's a gain of 6.3% in the price this week.
Soybean, (Glycine max), a member of the Leguminosae family, originated in China and was introduced into Canada in 1893. (Agriculture and Agri-Food Canada)
75.5 million acres of soybeans were planted in the United States in 2006 (2007 figures to come).
Most soy biodiesel is sold blended with petroleum diesel. The most common blends are B2, B5 and B20, meaning 2 percent, 5 percent and 20 percent blends of soy biodiesel, respectively. (United Soybean Board)
China was the largest customer for U.S soybeans according to 2006 statistics.
Cooper Power Systems (CPS) has paired with the United Soybean Board (USB) and the Soybean Checkoff since the late 1990s to incorporate soybean oil into transformer fluid. (United Soybean Board)
The soybean is found in body care products, candles, shampoos, composite materials, as soymilk, in margarine, and cheese, to name a few products.
A 60-pound bushel of soybeans yields approximately 11 pounds of soybean oil.
75% of the edible consumption of oils and fats in the U.S. came from soybeans.
More than 4,500 growers and other associates gathered in Nashville, Tennessee this year for the 2008 Commodity Classic. This is a trade show and convention that features the National Corn Growers Association, the National Association of Wheat Growers, and of course...the American Soybean Association.
The United Soybean Board and SoyBean Checkoff promote the use of soy in construction products.
Soy-based construction products that are normally developed are adhesives, coatings, lubricants, and plastics. Soy-based adhesives can be found in some common wood products like plywood.
Tofutti Brands, Inc. a soy food products manufacturer saw their shares close today at $2.86.
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