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Iowa’s Soybean Production, Processing, and Biodiesel Development

Iowa’s Soybean Production, Processing, and Biodiesel Development. The 3 rd Ukrainian Grain Congress Kiev, Ukraine Oct. 17, 2012 Chad Hart Associate Professor/Grain Markets Specialist chart@iastate.edu 515-294-9911. U.S. Soybean Supply and Use. Source: USDA-WAOB. World Soybean Production.

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Iowa’s Soybean Production, Processing, and Biodiesel Development

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  1. Iowa’s Soybean Production, Processing, and Biodiesel Development The 3rd Ukrainian Grain Congress Kiev, Ukraine Oct. 17, 2012 Chad Hart Associate Professor/Grain Markets Specialist chart@iastate.edu 515-294-9911

  2. U.S. Soybean Supply and Use Source: USDA-WAOB

  3. World Soybean Production Source: USDA-WAOB

  4. Iowa Soybean Area Source: USDA-NASS

  5. Iowa Soybean Value Source: USDA-NASS

  6. Marketing and Processing • Soybeans can sold as is or can be processed • Processing can produce a number of products • But the two largest are soybean meal and soybean oil • Soybean meal is mainly used for livestock feed • Soybean oil is often used for food or industrial uses • Some unique soybean-based products: asphalt, crayons, lubricants, wax

  7. Iowa Processing • Over 30 processing plants with an annual processing capacity greater than state production • Some plants specialize in capturing unique traits, such as organic production, or high protein or oil content • A few specialize in food products, soybean meal, flour, flakes, and snacks

  8. Iowa Biodiesel

  9. Thank you for your time!My web site:http://www.econ.iastate.edu/~chart/Iowa Farm Outlook:http://www.econ.iastate.edu/ifo/Ag Decision Maker:http://www.extension.iastate.edu/agdm/

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