Growth in U.S. Soybean Processing Capacity

George W. Kromer

No 320805, Miscellaneous Publications from United States Department of Agriculture, Economic Research Service

Abstract: U. S. soybean processing capacity has about doubled during the past 15 years, increasing from 310 million bushels in 1951 to about 600 million in 1965. However, the rate of expansion has slowed considerably in recent years. Meanwhile, the number of mills processing soybeans dropped from 193 to 124 and the average mill size increased. Since 1958, however, the number of mills has leveled off, varying between 121 and 128 annually. Processing capacity has exceeded actual crushings by about 20 percent despite the sharp uptrend in soybean production and the reduction in mills.

Keywords: Crop Production/Industries; International Relations/Trade; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Pages: 12
Date: 1965-11
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/320805/files/ERS-269.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:uersmp:320805

DOI: 10.22004/ag.econ.320805

Access Statistics for this paper

More papers in Miscellaneous Publications from United States Department of Agriculture, Economic Research Service Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().