World soybean production has increased by over 500 percent in the last 40 years, and it will continue to grow on strong demand for animal feed (especially in China, where the rapidly increasing standard of living allows the average consumer to eat more meat than ever before). Significant demand growth for biodiesel feedstock is also occurring; soybeans will continue to be one of the primary such feedstocks in the near term.
Steady demand for soyfoods (and healthful foods that happen to contain soy ingredients as a means of enhancing nutrition) will also ensure continued need for food grade soybeans, including specialty varieties, organic, non-GMO and IP beans.