Yam root has been used in folk medicine since the 18th century to treat menstrual cramps, coughs, and upset stomachs. Wild yam root contains diosgenin. It’s a plant steroid that scientists can manipulate to produce steroids, such as progesterone, estrogen, cortisone, and dehydroepiandrosterone (DHEA), which are then used for medical purposes. Thus, some advocates assert that wild yam root has benefits similar to those offered by these steroids in your body, providing a natural alternative to estrogen therapy or progesterone creams.