Soybean is a highly nutritious legume used for human food, livestock feed, manufacturing, and bio-energy. It is particularly important in Ethiopia due to its high protein and oil content, and its potential to improve food and nutrition security. However, its consumption in Ethiopia is not common due to its 'beany' taste and antinutritional factors. A study was conducted to evaluate the effect of variety and processing methods on the nutritional composition and mineral contents of soymilk. Soybean is a viable source of protein for the poor, and its surplus can be sold for income.