Soybean: The Sustainable Wonder Crop Trade Analysis

by Jolly Masih1 , Neha Saini2 , Vaishanavee3, Vartak4
1School of Retail Management, Symbiosis University of Applied Sciences, Indore (MP), India
2Capacity Building Facilitator in Food and Agribusiness, India
3,4Scholars, Symbiosis University of Applied Sciences, Indore (MP), India


Masih, J., Saini, N., Vaishanavee, & Vartak (2024). Soybean: The Sustainable Wonder Crop Trade Analysis. In R. Sharma, R. Pareek (Eds.), New Paradigms of Sustainability in the Contemporary Era (pp 34-45). CSMFL Publications.


Soybean, a versatile and nutritionally rich crop, has gained prominence recently as a key player in global agricultural trade. This research paper delves into the multifaceted dimensions of Soybean trade, examining its role as a sustainable wonder crop with far-reaching implications for food security, economic growth, and environmental sustainability. The objectives of this study are twofold. First, it aims to analyze the global Soybean trade dynamics, exploring the leading producers, consumers, and trade patterns. Second, it investigates the sustainable aspects of Soybean cultivation and trade, emphasizing its potential to address emerging challenges such as food demand, economic development, and environmental conservation. The research findings underscore the remarkable growth of Soybean as a major global commodity, driven by its applications in food, feed, and industrial sectors. The study identifies key contributors to the Soybean trade, including major producing nations like the United States, Brazil, Argentina, and China, as well as significant consumers like India and European countries. Furthermore, it shed light on the sustainable attributes of Soybean cultivation, emphasizing its nitrogen-fixing properties, reduced carbon footprint, and potential for crop rotation. In conclusion, this study highlights Soybean’s pivotal role in the global agricultural landscape, both as a key trade commodity and a sustainable crop. It underscores the need for continued research and policy initiatives to harness Soybean’s full potential in fostering food security and sustainable development worldwide.

Keywords: Soybean, Trade analysis, Price dynamics, trade forecasting, Soy meal, Soy oil

This chapter is a part of: New Paradigms of Sustainability in the Contemporary Era (Eds. Roopali Sharma & Ritu Pareek)

© CSMFL Publications & its authors.


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