soybean oil making production line in kenya

   
soybean oil making production line in kenya
                                               
                                               
                                               
                                               
  • soybean oil making production line in kenya
  • Will demand for soybeans continue to grow in 2030?
  • Demand for soybeans is expected to continue growing steadily until 2030 (OECD & FAO, 2021). Predicting VSS-compliant soybean production is dificult as VSSs have only recently been implemented in the production of GM soybeans, which are almost entirely converted into animal feed.
  • What will the global soybean market look like in 2025?
  • Consequently, we expect VSS-compliant soybean production to range from 4.35 Mt to 7.72 Mt by 2025. Weather conditions and geopolitical dynamics are the main drivers of price volatility in the global soybean market. Pricing is important, as it can determine if soybean producers stand to gain financially from complying with a VSS.
  • Which countries produce the most soybeans in the world?
  • Since the 1950s, soy production has increased 15-fold and shifted from Asia to the United States, Brazil, and Argentina, which now account for 80% of global soybean production (Ritchie, 2021).
  • Is global soybean supply and demand even?
  • Over the last 5 years, global soybean supply and demand have remained fairly even, with some years experiencing excess supply and others excess demand (MacroMicro, 2022).