International Markets
The industry for Australian Soybean is small, but from an economic viewpoint it is very valuable, since it plays a significant role in the farming system across Australia. The last decade has seen an exponential growth in export markets and consumption of edible beans domestically (Marketing Soybeans). The demand for Australian edible soybeans in Asian markets is immense, with Japan the major importer of the Soybeans as it imports half a million tonnes of tofu grade soybeans each year from US and Canada, with the primary reason being the quality and positioning of the Australian product in the soybeans ...
