Soybean Oil

Veg Oil (Soyabean oil) Soybean oil is a type of cooking oil extracted from soybean seeds. It is known that a lot people eat it. It is also been used for oil paints. This oil is prone to oxidation. Bottles of Soybean oil. History[ Soybeans were cultivated in China by the late Shang dynasty, around 1000 BCE. Shijing, the Book of Odes, contains several poems mentioning soybeans. Production Country Production, 2019 (tonnes) 1 China 15,998,400 2 United States 11,290,000 3 Brazil 11,263,345 4 Argentina 8,081,200 5 India 1,438,200 6 Mexico 874,503 7 Paraguay 704,200 8 Russia 741,173 9 Egypt 653,400 10 Netherlands 635,200 Source : FAOSTAT Soybean oil, meal and beans To produce soybean oil, the soybeans are cracked, adjusted for moisture content, heated to between 60 and 88 °C (140–190 °F), rolled into flakes, and solvent-extracted with hexanes. The oil is then refined, blended for different applications, and sometimes hydrogenated. Soybean oils, both liquid and partially hydrogenated are sold as "vegetable oil", or are ingredients in a wide variety of processed foods. Most of the remaining residue (soybean meal) is used as animal feed. In the 2002–2003 growing season, 30.6 million tons (MT) of soybean oil were produced worldwide, constituting about half of worldwide edible vegetable oil production, and thirty percent of all fats and oils produced, including animal fats and oils derived from tropical plants.[5] In 2018–2019, world production was at 57.4 MT with the leading producers including China (16.6 MT), US (10.9 MT), Argentina (8.4 MT), Brazil (8.2 MT), and EU (3.2 MT). Composition Soybean oil contains only trace amounts of fatty carboxylic acids (about 0.3% by mass in the crude oil, 0.03% in the refined oil).[7] Instead it contains esters. In the following content, the expressions "fatty acids" and "acid" below refer to esters rather than carboxylic acids. Applications Food Soybean oil is mostly used for frying and baking. It is also used as a condiment for salads. Drying oils Soybean oil is one of many drying oils, which means that it will slowly harden (due to free-radical based polymerization) upon exposure to air, forming a flexible, transparent, and waterproof solid. Because of this property, it is used in some printing ink and oil paint formulations. However, other oils (such as linseed oil) may be superior[how?] for some drying oil applications[citation needed]. Medical uses Soybean oil is indicated for parenteral nutrition as a source of calories and essential fatty acids. Fixative for insect repellents While soybean oil has no direct insect repellent activity, it is used as a fixative to extend the short duration of action of essential oils such as geranium oil in several commercial products. Trading Soybean oil is one of the most commonly produced vegetable oils Soybean oil is traded at the Chicago Board of Trade in contracts of 60,000 pounds at a time. Prices are listed in cents and thousandths of a cent per pound, with a minimum fluctuation of 5/1000 cents. It has been traded there since 1951. Below are the CQG contract specifications for Bean Oil: Contract Specifications Bean Oil (BOA) Exchange: CBOT Sector: Grain Tick Size: 0.01 Tick Value: 6 USD BPV: 600 Denomination: USD Decimal Place: 2