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Soybean hulls or soy hulls are a byproduct of the soybean processing industry. They are the outer coat of the soybean seed that is removed during the manufacturing of soybean oil and meal.
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Soybean hulls are principally constituted of the structural components of the soybean seed, cellulose, hemicellulose, and lignin.
They are high in fibre, with a crude fibre concentration of 40-50%, but low in protein, with a crude protein content of 7-9%.
The top soybean hull-producing countries are the United States, Argentina, China, India, Canada and Ukraine.
Key Details About the Soybean hulls Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Soybean Hulls price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Soybean Hulls Price chart, including India’s Soybean Hulls price, USA’s Soybean Hulls price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Soybean Hulls Price Trend:
Soybean hulls are a common element in ruminant, poultry, and swine diet. They produce fibre and can be used in place of other high-fibre feed items like hay or maize silage.
It has a wide range of industrial applications, including fuel pellets and oil absorbents.
It can be used to increase soil structure, water retention, and nutrient availability as a soil amendment.
It can also be employed as a nutritional fibre source in various human foods, such as baked goods and morning cereals.
Key Players:
- The Archer Daniels Midland Company
- Cargill, Incorporated
- Ingredion Incorporated
- Sree Siddarameshwara Agro Industries
- Sakthi Soyas Limited
- Sethi Seeds India Pvt. Ltd
Recent News:
- February 08, 2023: Investors hedged their positions ahead of the US government's critical monthly reports on global supply and demand, which explained the drop in Chicago Board of Trade soybean and maize futures. As drought harmed Argentina's crops, an important global supplier, during planting and the early stages of growth, traders were interested in the size of Argentina's maize and soybean harvests.
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