Analysis: Canadian Soybean Acreage And Production

During the preparation of Soybean products, dehulling is required prior to the conditioning, flacking, and extraction processes [x]. As a result, Soybean Hulls are not part of the extraction stage, and are normally used for the preparation of cattle feed [x]. One of the largest producers of Soybean in the United States, ranking 10th in the nation, is the state of Kansas. The main reason is Kansas agricultural stature as a top producer in the cattle and crop industry.

Recently, Soybeans have become the third largest field crop in Canadian farms in terms of cash receipt [x4]. As a result, Canada has become one of the top suppliers of Soybeans and Soybean related products; hence, becoming a vital component of our agricultural sector and economy

Adapted from Statistics Canada. https://www.statcan.gc.ca [x4]

Potential Commercial Value

According to research studies by the Kansas State University in 2000, in Kansas alone, an estimate of more than 2.60 million acres of Soybean were planted (approximately 29 bushels per acre average yield) in 1999 [x]. Based on weight per yield, the estimated yield of soybean hulls is approximately 5 percent of the original raw soybean content [x]. As a result, creating a unique opportunity for the Soybean Hull industry to capitalize on related products besides dairy cattle feed.

In Canada, Canadian farmers have been growing and expanding the Canadian Soybean market for over 70 years [x4]. In 2016, over 6.40 million tons of Soybean were produced and distributed within Canada, and also exported to other countries markets such as the U.S., China and the Middle East and Europe regions [x4]. As a result, approximately $28 billion dollars were estimated as profits [x4].

Economic Assessment of related

As a result, an integrated product added value and competitive cost is required. One of the main potential add on values of Soybean Hull as a bio-based seed tray and flower port is that it contains in moderate amounts, some of the essential micronutrients and macronutrients required for healthy plant growth in addition to crude protein.

Some of the micronutrients and macronutrients present in Soybean Hull are Copper, Iron, Manganese, Calcium, Phosphorous, Potassium, Sulfur and Zinc among other nutrients[x]. The properties of Soybean Hull would play a major role in the potential commercialization of SoySprout because it proactively offers essential plant requirements that need to be otherwise provided by the soil.

On the other hand, PLA is widely available within the same agricultural industry in beets, wheats, and corn plants to name a few [x3]. Its processing and commerciality is well known and very low cost [x3]. Due to its mechanical properties, it provides strong and rigid properties to Soybean Hull while remaining