INDUSTRIAL USES OF SOY
Soy ingredients are helping manufacturers reduce their dependency on petrochemicals and insulate themselves from price fluctuations for raw materials. The versatile composition of soybeans also enables manufacturers to replace possible carcinogens and satisfy consumer demand for “greener,” more environmentally friendly products.1
Soybean oil has been proven to be an effective and economical ingredient in products ranging from polyurethane foam to plastics, paints, coatings and solvents. Soybean meal is also used as filler in plastics, rubber, paper coatings, resins and formaldehyde-free adhesives. You’ll also find soy feedstock in detergents, candles and cosmetics.1
Key Points
The soy checkoff has helped bring hundreds of soy-based products to the market, ranging from cleaning supplies to carpet backing. Other examples of the checkoff’s commitment to soy technology include the discovery of soy polyols used to make foam for automobiles and furniture, formaldehyde-free adhesives used in wood paneling, coatings with low volatile organic compounds (VOCs), and biodiesel.
https://unitedsoybean.org/media-center/issue-briefs/industrial/
American Farmers Will Plant More Acres of Soybean Than Corn This Year
Soybean acreage in the U.S. this year will exceed corn plantings for the first time in 35 years, according to a government survey, suggesting American farmers remain undeterred by possible Chinese trade sanctions.
Soybeans will cover 89 million acres in 2018, while corn may be planted on 88 million acres, the U.S. Department of Agriculture said Thursday in a report in Washington. Plantings for both will decline from a year ago, with USDA forecasts for each below the lowest prediction in a Bloomberg survey of analysts. The government's spring-wheat estimate topped all forecasts, with an expected 12.6 million acres, up 15 percent from last year
https://www.bloomberg.com/news/articles/2018-03-29/soybean-acres-top-corn-as-u-s-farmers-shrug-off-china-concern
Corn: Corn is the No. 1 crop grown in the U.S. and nearly all of it — 88 percent — is genetically modified. In addition to being added to innumerable processed foods, genetically modified corn is a staple of animal feed. 2. Soy: 93 percent of soy is genetically modified. Oct 30, 2012