Production of high-oleic soybean oil is expected to increase to 9 billion pounds (more than 4 million metric tons) within the next 10 years as investment in new soybean varieties grows, along with demand for products with zero trans fat and lower levels of saturated fat. Many countries, including the U.S., have approved two varieties of high-oleic soybeans for commercial production and the European Union is expected to grant its approval in 2014, said Richard Galloway, a consultant with the Qualisoy initiative.

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