The soybean crop is so valuable because of all the products that are possibly derived from soybeans. Only a few of which would be oil, for food, fuel and platics, tofu an entemame to eat and fillers for human and animal feed.
According to the ASA, U.S. soybean and soybean products exports totaled $7.1 billion in 2001.
throughout the world.
Soybeans are a crop grown in the US.
Corn
Based on the year 2000, the main cash crop in the US is corn. Then it is soy beans, hay, wheat, cotton, sorghum, and rice.
In production acreage, not even close. In street value, best estimates (since marijuana is, of course, illegal) indicate that it might be the second largest cash crop. Best estimates put the value at around $35.8 billion dollars, while corn, the largest, is valued at around $76 billion dollars. Soybeans, the next largest US cash crop in both value and acreage, is placed at around $35.7 billion dollars.
Cash crop leader has changed over time. After cotton, tobacco became king. Due to exports, it still may be the king cash crop of the southern US. kapm
There are many kinds of cash crops. Some of the cash crops of the US are Avocados, Bananas, Rice, Soybeans, Apples, Pears, Tobacco, Lemons and many others.
Yes, it is. A report into illicit marijuana cultivation in the US says it is now the country's biggest cash crop, having seen a tenfold increase in production over the last 25 years.DrugScience.org's Marijuana Production in the United States puts the annual harvest at 10,000 tonnes, worth a cool $35.8bn (£18.4bn). Corn, meanwhile, weighs in at a mere $23bn, with soybeans marking up $17.6bn and hay a paltry $12.2bn. Dope is apparently the "biggest cash crop in 12 states", injecting more into the Georgia economy than peanuts and blowing away tobacco in North and South Carolina,
tobacco
During Ireland's potato famine because potatoes are a HUGE crop of Ireland
In the US, the state of Iowa produces the most soybeans.
Marijuana. The top ten cash crops in the US in 2006, according to drugscience.org: 1. Marijuana-$35.8 billion 2. Corn-$23.3 billion 3. Soybeans-17.3 billion 4. Hay-$12.3 billion 5. Vegetables-$11.1 billion 6. Wheat-$7.5 billion 7. Cotton-$5.3 billion 8. Grapes-$2.9 billion 9. Apples-$1.8 billion 10. Rice-$1.7 billion It claims marijuana is the top cash crop in Alaska, Alabama, California, Connecticut, Hawaii, Kentucky, Maine, North Carolina, Oregon, South Carolina, Tennessee and West Virginia.
Corn and soybeans can be grown in the western US, and corn is frequently grown in the vicinity of livestock operations such as feedlots. However, since most of the west is much drier than eastern parts of the nation, all crop production depends on irrigation. The money earned from corn and soybeans is, quite simply, considerably less than higher value produce crops. If a farmer can earn $500 per acre profit from a potato crop, for example, why would he limit himself to a $100 per acre profit growing corn? Many areas simply do not have access to sufficient water to irrigate a corn crop.