Soybean Industry

GOLDBERG9780816600762, 0816600767

The Soybean Industry was first published in 1952. Minnesota Archive Editions uses digital technology to make long-unavailable books once again accessible, and are published unaltered from the original University of Minnesota Press editions.
The rapid development of the soybean industry in the United States is reflected in the growth of the industry in Minnesota, a state that now ranks sixth in total production. This state was one of the last to develop a soybean crop, but in the decade from 1940 to 1950 the dollar value of its crop rose from $76,000 to $37,000,000.
Because the industry is a new and important one on the agricultural front, producers and processors in the industry, as well as members of the grain trade and agricultural economists, are faced with the problem of ascertaining the probably future trends of the industry. This study provides a factual basis for the industry’s future planning in Minnesota and in other major soybean-producing and processing states.
Since the total picture of supply and demand and the operation of the industry within a single state are interrelated and interdependent, the study describes the elements of production, utilization, and processing on international, national, and state levels. These factors are then correlated with significant aspects of transportation, storage, commodity markets, and price formulation for an analysis of the competitive position of the industry in Minnesota. In conclusion, the future of the industry as a whole as well as specifically in Minnesota is estimated.

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Table of contents :
TABLE OF CONTENTS……Page 8
Purpose and Scope……Page 20
Source of Data……Page 23
Procedure……Page 24
II. PRODUCTION……Page 25
World Production……Page 26
National Production……Page 31
Acreage Changes in the Corn Belt……Page 34
Areas of Production……Page 39
Suitable Varieties……Page 40
Acreage Changes in Minnesota……Page 43
Summary……Page 52
World Utilization……Page 54
National Utilization……Page 58
Soybean Meal Utilization……Page 59
Soybean Oil Utilization……Page 70
World and National Trade Movements……Page 73
Price Relations……Page 74
Shortening……Page 76
Margarine……Page 77
Industrial Uses……Page 78
Minnesota Utilization……Page 80
Summary……Page 82
Marketing Channels of the Crop……Page 83
The National Processing Industry……Page 85
The Minnesota Processing Industry……Page 91
Technical Development……Page 96
Processing Costs……Page 100
Minnesota Processing Costs……Page 101
Summary……Page 105
V. FACTORS AFFECTING THE COMPETITIVE POSITION OF THE MINNESOTA SOYBEAN PROCESSOR……Page 106
Transportation……Page 107
Buffalo, New York……Page 110
Fargo, North Dakota……Page 111
St. Cloud, Minnesota……Page 112
Qualifications……Page 113
Foreign Market……Page 116
Summary……Page 117
Storage……Page 118
Commodity Markets……Page 122
Government Action……Page 127
Crushing Margins……Page 133
Specific Example……Page 134
Crushing-Margin Relationships over Time……Page 138
The Producer……Page 143
The Processor……Page 145
APPENDIX I. TABLES……Page 150
APPENDIX II. INTERVIEWS……Page 188
BIBLIOGRAPHY……Page 192
H……Page 201
S……Page 202
W……Page 203