Globally, about 98 percent of soybean meal is used as animal feed, principally as a protein supplement, but also as a source of metabolizable energy. small proportion of the meal is used to make defatted soy flour, soy protein concentrates and isolates, and textured soy protein products. soybean meal is produced from the residue left after oil extraction. Commodity Trade Group is your number one source for Soybean and Soybean Meal products.