Many products are created using soybeans. They include livestock feed, soy milk, tofu, margarine, mayonnaise, bio-diesel, crayons, candles, ink, lubricants, adhesives and much more. A 60 pound bushel of soybeans will yield about 11 pounds of soybean oil and 47 pounds of soybean meal. The largest buyer of North American soybean exports is China. Any change in China’s purchasing patterns greatly affect the market.
There was snow on the ground during the last day of soybean harvest