About the Soybean Farming in Newfoundland Market Research Report
What’s Included in the Soybean Farming in Newfoundland Market Research Report
Definition of the Soybean Farming in Newfoundland?
This industry grows soybeans. Soybeans are most often used in livestock feed and vegetable oils, although a growing proportion of the crop produced by this industry is being used in biofuel production.
What’s included in the Soybean Farming in Newfoundland?
The Soybean Farming in Newfoundland includes soybean farming and soybean seed production. Related terms covered in the Soybean Farming in Newfoundland industry report includes a fuel that is similar to diesel fuel and is usually derived from vegetable sources such as soybean oil, also called agrifuel or biodiesel. a fuel consisting of or derived from dead biological material, usually plants, a substance used to destroy unwanted plants and weeds, while leaving a desired crop relatively unharmed, the solid protein left over after the oil is removed from soybeans, a technique whereby specific changes are introduced into a plant's or animal's dna by genetic engineering techniques. the most common modified foods include soybean, corn and canola and the number of soybeans produced per acre of land. for soybeans, this is measured in bushels per acre.
Industry Performance of the Soybean Farming industry in Newfoundland
Benchmark the Soybean Farming in Newfoundland industry performance with all NL Census Metropolitan Area and national performance.
Soybean Farming in Newfoundland
#10 in Highest Revenue 0% of province's GDPRevenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
Soybean Farming in Canada
Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)
For the full list of industry drivers, see report purchase options.
Key Drivers of the Soybean Farming industry in Newfoundland
See how key industry drivers, such as gross domestic product, population, private investment in non-residential construction, world price of soybeans, gdp of mainland china and world price of crude oil are impacting Soybean Farming in Newfoundland
Newfoundland Economic Indicators
Gross Domestic Product
Population
Private Investment in Non-Residential Construction
View more economic information in NL State Economic profile
Canada Key External Drivers
World price of soybeans
GDP of mainland China
World price of crude oil
For the full list of industry drivers, see report purchase options.
Census Metropolitan Area Data of the Soybean Farming industry in Newfoundland
Key Statistics of the Soybean Farming industry in Newfoundland
Download 18 years of historical data and 5 years of projected performance.