Get the latest insights on price movement and trend analysis of Soybean Hull in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
The high-cost inflation and trade restrictions coupled with the adverse weather phenomenon drove the prices of soybean to unprecedented levels, thereby affecting the price trends for soybean hulls. Brazil, Paraguay, and Argentina which account for more than 50% of soybean supply are experiencing drought-like conditions since November 2021 owing to the phenomenon of La Nina.
The unviable weather conditions drove down the global estimates of soybean production causing soybean prices to inflate globally due to supply shortages and market uncertainties. Argentina registered a 7.2% fall in production as compared to the past planting season while Paraguay witnessed a staggering 50% decrease.
La Nina further worsened the conditions in Brazil, with rains in North Brazil and droughts in South Brazil the net soybean production declined by 32.5%. The soybean futures traded in Chicago averaged 16 USD/bushel. In the Brazilian market, the price of soybean averaged 39.35 USD/60kg bag. Hence, owing to the staggering soybean prices amid strong demand from the feed sector the prices of soybean hull increased during the said period.
Procurement Resource provides latest prices of Soybean Hulls. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Soybean Hulls are known as agricultural residue that are produced while processing soybeans. Soybean Hulls are an attractive source of fermentable sugars that can be widely utilised for cellulosic ethanol production. These Soybean Hulls are also known to be light, flaky, and bulky.
|Product Name||Soybean Hulls|
|Industrial Uses||Animal Feeds, Treatment of Wastewater, Herbal Medicines, Others|
|Supplier Database||The Archer Daniels Midland Company, Cargill, Incorporated, Ingredion Incorporated, Sree Siddarameshwara Agro Industries, Sakthi Soyas Limited, Sethi Seeds India Pvt. Ltd|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Soybean Hulls are recognised as a by-product obtained during the manufacture of soybean oil. After entering the oil mill, soybeans seeds are screened, followed by their conditioning, cracking, and de-hulling, before being rolled into flakes to produce oil.
The Soybean Hulls are separately collected using a multi stage aspiration system during the process of de-hulling. These hulls are finally ground to obtain specific particle size before being packed and sold.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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