Soybeans
Tips & Advice to help you make your decision on Soybeans
If your business is involved in the production and/or distribution of soybeans, you already know what a versatile crop it is. As a business, your main concerns are crop yield and getting your soybeans to market efficiently.
Crucial to a high crop yield is selecting the correct seed for your geographical area and soil content. You may want to check with your cooperative extension service office for information about seeds that resist pests and diseases while giving you the crop yield you desire.
Whether your acreage is planted with food soybeans, feed soybeans, or soybeans intended for value-added products, being knowledgeable about soybean prices and futures is essential to your farm's financial success. You may want to join a soybean growers' association for the latest news and research regarding the cultivation and marketing of your soybeans.
If your business is primarily involved in processing raw soybeans, you need to establish relationships with vendors who can ship your products to market in an efficient manner.
You may want to consider using the resources on Business.com to aid you in making your enterprise a success.
Growing and Buying Soybeans
Add soybeans to your food or agricultural businessBy Mary Beth Doyle Soybeans are native to Australia, Africa and Asia. They have become increasingly popular in the United States due to their many nutrients, such as protein, fiber, and calcium. Growing soybeans requires full sun and warm weather, plus a soil rich in nitrogen and plenty of water.
If growing soybeans is not part of your business plan, you can still add this nutritious crop to your food business. There are a variety of soybean products out there, including soybean oil, health and beauty products, and more. Before you enter the soybean market, ask yourself the following:
1. Do you want to purchase soybean seed in order to grow soybeans on your own?
2. Would you prefer to buy soybeans from soybean farms and distributors?
3. Do you want to focus on other soybean products, such as soybean oil?
Grow your own soybeans
Soybeans are relatively easy to grow and harvest. Like other beans, soybeans are susceptible to pests and bacterial and wilt disease, so take precautionary measures to ensure healthy soybean plants. When purchasing soybean seeds, choose ones that will grow best in your soil and climate conditions, just as you would any other plant.
Try:
Delta and Pine Land Company is a leading supplier of soybean seeds and cotton seeds. Dairyland Seed is another great source for soybean seeds. Just select your state and desired maturity to ensure you get the product you seek.
Choose from soybean production companies and farms across the country
Quality soybeans can be had even without growing them on your own. Research the many soybean farms and distributors out there, and choose ones that seem to be able to provide you with the best product in the timeframe you need.
Try:
The Chambers Family Farm offers soybeans that have not been genetically modified. SK Food International is a wholesaler of many products, including black and yellow soybeans.
Consider offering soybean oil and other soybean products
Soybean oil is used by the food industry for cooking and can be found in food products such as salad dressings, mayonnaise, snack foods and coffee creamers.
Try:
Whole Harvest offers soybean oil; you can even watch a video on the benefits of soybean oil on the company’s website. SoyWorld provides a comprehensive list of soy product manufacturers divided in categories such as Pens, Body Care and Waxes.
- There is plenty of information on soybeans online to help you learn about growing soybeans. Also ask your local nursery or local farmer for helpful tips.
- Order a small quantity of soybeans or soybean products as your first shipment, and look for the best soybean prices possible from leading distributors. You want to be sure customers are interested in the product before you invest too much money into it.
Unique Key Defensive Traits Deliver Consistent Soybean Yields
Crop Margin Management Education Basis, Futures, Options Hedging
The Latest Soybean & Commodities Prices, News at Agriculture.com