The soybean, often referred to as the miracle crop, provides a sustainable source of protein and oil, and its properties allow its use in a variety of industrial applications.
Soybean processors can divide soy’s components into soy protein (soybean meal for animal consumption) and soy oil.
For oil, the U.S. food industry consumes more than 83 percent of U.S. soybean oil for purposes such as cooking, baking and frying. The remaining soybean oil is applied in industrial applications such as adhesives, coatings and printing inks, lubricants, plastics and specialty products.
Because soy grows throughout the world, it represents a viable and renewable replacement for petrochemicals.
In 2003, Indiana soybean farmers with their checkoff committed funds for an Endowed Chair in Soybean Utilization Research at Purdue University.
Thanks to farmer checkoff dollars, Indiana Soybean Alliance has sponsored a Student Innovation Contest at Purdue since 1994.
- Several soybean uses have come from Indiana thanks to the Indiana soybean checkoff. Some of these include:
- Soybean Crayons
- Soybean Oil Candles
- Soybean Concrete Sealer