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soybean
[ soi-been ]
noun
- a bushy Old World plant, Glycine max, of the legume family, cultivated globally, with greatest productivity in the United States, where it is grown chiefly for forage and soil improvement.
- the seed of this plant, used for food, as a livestock feed, and for a variety of other commercial uses.
Example Sentences
Stir-fried; used as a stuffing, filling, or basis of sauce; and even served as a fried snack, oncom is traditionally made by combining a bit of old oncom with something like soybean pulp and leaving it to ferment.
Under these conditions, the U.S. would lose between 2.9 and 4.6 million metric tons of combined soybean and corn exports annually, while Brazil’s exports could swell by nearly 9 million metric tons each year.
The study, which was commissioned by the American Soybean Associated and the National Corn Growers Association and conducted by the World Agricultural Economic and Environmental Services, shows American-imposed tariffs would come at a steep cost to U.S. producers, all while benefiting South American farmers from countries like Brazil and Argentina.
According to the American Soybean Association, many of the tariffs China imposed on U.S. agricultural products from Trump’s 2018 trade war remain in place, but have been granted a waiver that has been renewed annually.
These tariffs could easily be reinstated by China and, if that happens, U.S. soybean exports to China could drop by 14 to 16 million metric tons per year — a decline of over 50% from expected levels.
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