In 2024, an estimated 4.36 billion bushels of soybeans (or soya beans) were produced in the United States, a significant increase compared to the previous year. Soya beans in the U.S. Alongside the production volume of soybeans, the production value increased in the United States in 2020: the production value of soybeans stood at about 36.8 billion U.S. dollars in 2018 and increased to roughly 57.5 billion U.S. dollars three years later. The states that produced the highest volume of soybeans in 2022 were Illinois, Iowa, and Minnesota, respectively. Leading soybean producers worldwide Since the marketing year of 2012/2013, the United States and Brazil have been the leading producers of soybeans worldwide. Producing about 139 million metric tons of it, Brazil was clearly in the lead in 2021/2022. Other noteworthy countries in terms of soybean production included Argentina, China, and India.

This statistic shows the ten U.S. states in soybean production from 2019 to 2024. Illinois topped the list in 2024, with almost *** million bushels produced that year. Soybean industry Soybeans are among the major agricultural crops planted in the United States, behind only corn. They belong to the oilseed crops category and most U.S. soybeans are planted in May and early June and are harvested in late September and October. Production practices show that U.S. farmers commonly grow soybeans in crop rotation with corn. More than 80 percent of soybeans are cultivated in the upper Midwest. The Unites States counted Illinois, Iowa, and Minnesota as their leading soybean producing states as of 2022. Historical data shows that large-scale soybean production did not begin until the 20th century in the United States. However, recent statistics illustrate that the acreage of the dominant oilseed crop has expanded rapidly. The expansion of soybean acreage was favored by several factors including low production costs and a greater number of 50-50 corn-soybean rotations. Furthermore, soybeans were one of the first crop types that achieved commercial success as bioengineered crops. The first genetically modified (GM) soybeans were planted in the United States in 1996. They possess a gene that confers herbicide resistance.The usage of soybeans ranges from the animal food industry over human consumption to non-food products. The highest percentage of soybeans goes to the animal feed industry. The products intended for human consumption include products such as soy milk, soy flour or tofu.

Soybeans are a popular source of protein among Americans who abstain from consuming animal products. The production value of soybeans in the United States amounted to **** billion U.S. dollars in 2024. Soy Consumption in the United States Soy products find their way into American diets on a daily basis. Soybean oil is a popular ingredient in margarine as well as other processed foods. In 2021, consumption of soybean oil in the United States reached **** million metric tons, the highest volume it has been in the last two decades. Soy Milk Soy milk is a very common plant-based milk alternative which is expected to become even more popular in the coming years, perhaps due to the increasing popularity of plant-based diets among Americans. The share of Americans who eat soy foods or drink soy beverages increased between 2011 and 2019. Soy beverage sales in the United States is expected to increase over the next few years.

The US soybean farming industry is navigating significant changes in the current period, with soybean prices determining the initial rise and recent decline in industry performance. These prices have been influenced by several key factors, including the growing demand for biofuels and mixed consumer perceptions regarding soy products. The demand for soybean oil in biofuel production surged due to supportive policies like the Renewable Fuel Standard and rising crude oil prices, creating a lucrative market for soybean producers. However, subsequent drops in fertilizer and crude oil prices, paired with record-high soybean production, have sharply dropped soybean prices, bringing revenue and profit down with them as farmers struggle to balance costs with lower incomes. Industry has shrunk a compound annual growth rate (CAGR) of 2.6%, with a decrease of 8.7% in 2025, reaching an estimated $44.2 billion. US soybean exports are facing mounting challenges due to competitive pressures abroad and quickly evolving trade policy. Brazil’s increased production and improved export infrastructure have strengthened its position as a major supplier, particularly to China, which is reducing its reliance on US soybeans. This shift threatens US exports and compels American farmers to reassess their strategies, focusing on market diversification and emphasizing quality and sustainability to remain competitive. Rising geopolitical tensions and newly imposed tariffs, such as those affecting key markets like the EU, Canada and China, have further complicated trade, impacting US farmers' access and pricing power in these vital markets. Through the end of 2025, soybean prices are initially projected to decline due to increased production and growing global supplies. However, as climate change impacts crop yields through extreme weather and pest challenges and supplies become limited prices will be pushed upward alongside rising global demand. Subsidies will continue to play a vital role in supporting farmer incomes amids these fluctuations, providing some stability to an otherwise highly volatile industry. However, the industry faces significant uncertainty due to the ongoing USDA funding freeze is creating significant uncertainty, particularly where government support and subsidies are concerned. This freeze is affecting a wide range of agricultural programs including conservation efforts, market development, research and technical assistance. Over the next five years, the industry is expected to grow at a CAGR of 1.3%, with revenues reaching $47.1 billion by the end of 2030.

This statistic shows the leading countries in soybean production worldwide from 2012/13 to 2024/25. From 2015/16 to 2018/2019, the United States was the leading global producer of soybeans with a production volume of ****** million metric tons in 2018/2019. As of 2019, Brazil overtook the United States as the leading soybean-producing country with a production volume of some *** million metric tons in 2023/24. Soybean production Soybeans are among the major agricultural crops sown in the United States, behind only corn. They belong to the oilseed crops category, and the majority of U.S. soybeans are planted in May and early June and are harvested in late September and October. Production practices show that U.S. farmers commonly cultivate soybeans in crop rotation with corn. More than ** percent of soybeans are grown in the upper Midwest. The United States reported Illinois, Iowa, and Minnesota as their leading soybean producing states in 2022. Historical data demonstrates that large-scale soybean production did not commence until the 20th century in the United States. However, the latest statistics illustrate that the acreage of the dominant oilseed crop has expanded rapidly. The certain increase of soybean acreage was supported by several factors, including low production costs and a greater number of 50-50 corn-soybean rotations. Furthermore, soybeans were one of the first crop types that accomplished commercial success as bioengineered crops. The first genetically modified (GM) soybeans were cultivated in the United States in 1996. They possess a gene that confers herbicide resistance.The usage of soybeans ranges from the animal food industry over human consumption to non-food products. The highest percentage of soybeans goes to the animal feed industry. The product portfolio intended for human consumption include products such as soy milk, soy flour or tofu.

Grain Stocks Soy in the United States decreased to 1.02 Billion Bushels in the second quarter of 2025 from 1.91 Billion Bushels in the first quarter of 2025. This dataset provides - United States Quarterly Grain Stocks - Soy- actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States Long Term Projections: Soybean Oil: Production data was reported at 31,785.000 lb mn in 2034. This records an increase from the previous number of 31,470.000 lb mn for 2033. United States Long Term Projections: Soybean Oil: Production data is updated yearly, averaging 30,180.000 lb mn from Dec 2022 (Median) to 2034, with 13 observations. The data reached an all-time high of 31,785.000 lb mn in 2034 and a record low of 26,265.000 lb mn in 2022. United States Long Term Projections: Soybean Oil: Production data remains active status in CEIC and is reported by U.S. Department of Agriculture. The data is categorized under Global Database’s United States – Table US.RI010: Agricultural Projections: Soybeans and Products.

Number of Businesses statistics on the Soybean Farming industry in the US

Explore the significance of soybean production in the United States, its economic impact, global trade dynamics, and the growing popularity of soy-based products in plant-based diets. Learn about the agricultural techniques that maximize yield and sustainability in this essential U.S. cash crop.

This statistic shows the production of edible soybean oil in the United States from 2004 to 2023. According to the report, U.S. soybean oil production amounted to approximately ** billion pounds in 2023.

United States Long Term Projections: Soybean Meal: Production data was reported at 63,100.000 Short Ton th in 2034. This records an increase from the previous number of 62,600.000 Short Ton th for 2033. United States Long Term Projections: Soybean Meal: Production data is updated yearly, averaging 60,250.000 Short Ton th from Dec 2022 (Median) to 2034, with 13 observations. The data reached an all-time high of 63,100.000 Short Ton th in 2034 and a record low of 52,564.000 Short Ton th in 2022. United States Long Term Projections: Soybean Meal: Production data remains active status in CEIC and is reported by U.S. Department of Agriculture. The data is categorized under Global Database’s United States – Table US.RI010: Agricultural Projections: Soybeans and Products.

Forecast: Soybean Oil Production in the US 2022 - 2026 Discover more data with ReportLinker!

The Census of Agriculture, produced by the United States Department of Agriculture (USDA), provides a complete count of America's farms, ranches and the people who grow our food. The census is conducted every five years, most recently in 2022, and provides an in-depth look at the agricultural industry.This layer was produced from data obtained from the USDA National Agriculture Statistics Service (NASS) Large Datasets download page. The data were transformed and prepared for publishing using the Pivot Table geoprocessing tool in ArcGIS Pro and joined to county boundaries. The county boundaries are 2022 vintage and come from Living Atlas ACS 2022 feature layers.Dataset SummaryPhenomenon Mapped: 2022 Soybean ProductionCoordinate System: Web Mercator Auxiliary SphereExtent: 48 Contiguous United States, Alaska, and HawaiiSource: USDA National Agricultural Statistics ServicePublication Date: 2022AttributesNote that some values are suppressed as "Withheld to avoid disclosing data for individual operations", "Not applicable", or "Less than half the rounding unit". These have been coded in the data as -999, -888, and -777 respectively.Soybeans - Acres HarvestedSoybeans - Operations With Area Harvested - Area Harvested: (1.0 To 24.9 Acres)Soybeans - Operations With Area Harvested - Area Harvested: (25.0 To 99.9 Acres)Soybeans - Operations With Area Harvested - Area Harvested: (100 To 249 Acres)Soybeans - Operations With Area Harvested - Area Harvested: (250 To 499 Acres)Soybeans - Operations With Area Harvested - Area Harvested: (500 To 999 Acres)Soybeans - Operations With Area Harvested - Area Harvested: (1,000 Or More Acres)Soybeans - Operations With Area HarvestedSoybeans - Operations With SalesSoybeans - Production, Measured In BushelsSoybeans - Sales, Measured In US DollarsSoybeans, Irrigated - Acres HarvestedSoybeans, Irrigated - Operations With Area Harvested In Alaska, one or more county-equivalent entities (borough, census area, city, municipality) are included in an agriculture census area.

Market Size statistics on the Soybean Farming industry in the US

This dataset provides the scenario output data assessed in the following publication: Understanding Uncertainty in Market-Mediated Responses to US Oilseed Biodiesel Demand: Sensitivity of ILUC Emission Estimates to GLOBIOM Parametric Uncertainty Neus Escobar, Hugo Valin, Stefan Frank, Diana Galperin, Christopher M. Wade, Leopold Ringwald, Daniel Tanner, Niklas Hinkel, Petr Havlík, Justin S. Baker, Sharyn Lie, and Christopher Ramig Environmental Science & Technology 2025 59 (1), 302-314 DOI: 10.1021/acs.est.3c09944 Data included consist of 1. outputs for a central baseline scenario and policy shock which mandates an additional 1 billion gallons of soybean oil biodiesel consumption within the USA 2. calculated scenario differences for each trial under a one-at-a-time sensitivity analysis 3. calculated scenario differences for each trial under a Monte-carlo sensitivity analysis 4. calculated results from a Bayesian Additive Regression Trees (BART) analysis. Citation information for this dataset can be found in Data.gov's References section.

The Soybean Meal Market size was valued at USD 124.96 billion in 2023 and is projected to reach USD 170.05 billion by 2032, exhibiting a CAGR of 4.5 % during the forecasts period. Soybean meal is by product of soybean oil extraction process and widely used as protein supplement in animal feed for livestock, poultry, pigs, and others. Rising consumption of meat, dairy products and poultry is driving growth for soybean meal as it contains high amount of protein and amino acids. Soybean meal has emerged as important ingredient of animal feed in dairy cattle as it increases conjugated linoleic acid levels in the milk which helps to reduce risk of cancer. Increasing number of consumers as well as animal feed producers are looking for non-genetically modified soybean meal that is free of cholesterol and meets biological requirements of metabolism. Recent developments include: In April 2023, CRC purchased soybeans from farmers in Central Kentucky to process in their soybean facility. The facility can process 330 tons of soybeans daily, producing high-protein soybean meal and valuable feed ingredient soybean hulls. This expansion enables CRC to process almost four million bushels of soybeans annually, producing vegetable oil, soybean meal, and hulls for livestock and poultry feed. CRC’s biodiesel refining division is expected to produce up to five million gallons per year. , In March 2022, Perdue AgriBusiness would invest USD 59.1 million to expand its soybean crushing facility in Chesapeake, Virginia. This expansion will increase the production of soybean oil, soybean meal, and hulls. The company currently purchases 80% of Virginia’s soybeans and exports 72 million tons of soybeans annually. The expansion will improve processing capabilities and support local farmers. Perdue AgriBusiness is a subsidiary of Perdue Farms Inc., a large grain company with operations worldwide. , In January 2021, The United Soybean Board partnered with DuPont Nutrition & Biosciences and Soylent for a pilot program to identify sustainably grown soy products. They will use a new label called the Sustainably Grown U.S. Soy mark, ensuring the soy comes from responsible farms. The goal is to improve sustainability in supply chains and offer the mark to other companies. .

Explore the shifting dynamics of the global and U.S. soybean industries, including production, exports, and stock changes, alongside a stable soybean price forecast.

The United States is a major producer of soybeans worldwide, with China importing the largest amount of U.S. grown soybeans of any country as of 2021. In that year, China imported nearly 14.15 billion metric tons of soybeans from the United States.

Soy foods Soybeans are naturally high in protein and hence a popular ingredient in vegetarian and vegan cuisine. Soy milk is a vegan and lactose-free alternative to cow’s milk, and soy sauce features heavily in East Asian cuisine. Tofu, tempeh, and miso are also all derived from soy. In the United States, the market value of soy food is expected to reach 9.6 billion U.S. dollars by 2020, up from 4.6 billion dollars in 2014.

Soybean production in the United States The United States produces the highest volume of soybeans of any country, at around 120 million metric tons in 2020/2021. In the previous year, the total value of U.S. soybean production amounted to about 39.13 billion U.S. dollars. Within the United States, the states with the most soybean cultivation are located in the Midwest. Illinois topped the list with over 673 million bushels of soybeans produced in 2021.

Soybean (Glycine max L. Merrill) is an economically important commodity for United States agriculture. Nonetheless, the profitability of soybean production has been negatively impacted by soybean diseases. The economic impacts of 23 common soybean diseases were estimated in 28 soybean-producing states in the U.S., from 1996 to 2016 (the entire data set consisted of 13,524 data points). Estimated losses were investigated using a variety of statistical approaches. The main effects of state, year, pre- and post-discovery of soybean rust, region, and zones based on yield, harvest area, and production, were significant on “total economic loss” as a function of diseases. Across states and years, the soybean cyst nematode, charcoal rot, and seedling diseases were the most economically damaging diseases while soybean rust, bacterial blight, and southern blight were the least economically damaging. A significantly greater mean loss (51%) was observed in states/years after the discovery of soybean rust (2004 to 2016) compared to the pre-discovery (1996 to 2003). From 1996 to 2016, the total estimated economic loss due to soybean diseases in the U.S. was $95.48 billion, with $80.89 billion and $14.59 billion accounting for the northern and southern U.S. losses, respectively. Over the entire time period, the average annual economic loss due to soybean diseases in the U.S. reached nearly $4.55 billion, with approximately 85% of the losses occurring in the northern U.S. Low yield/harvest/production zones had significantly lower mean economic losses due to diseases in comparison to high yield/harvest/production zones. This observation was further bolstered by the observed positive linear correlation of mean soybean yield loss (in each state, due to all diseases considered in this study, across 21 years) with the mean state wide soybean production (MT), mean soybean yield (kg ha-1), and mean soybean harvest area (ha). Results of this investigation provide useful insights into how research, policy, and educational efforts should be prioritized in soybean disease management

Statistics illustrates consumption, production, prices, and trade of Soybean Oil in the United States from 2007 to 2024.