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Image: Soybeans

Related Data & Statistics

Related Reports

For current Oil Crops Outlook monthly tables in Excel spreadsheets, click on the current Oil Crops Outlook report under Reports on the right side of the page.

Recommended Data

Oil Crops Yearbook Data provides key data on U.S. and world oilseed acreage, supply, demand, and prices. It includes data on U.S. soybeans, cottonseed, peanuts, sunflowerseed, other special oilseeds, tropical oils, corn oil, and animal fats, as well as extensive time series data sets on U.S. oilseeds markets.

Season-Average Price Forecasts provides three Excel spreadsheet models that use futures prices to forecast the U.S. season-average price and counter-cyclical payment rate for corn, soybeans, and wheat. Users can view the model forecasts or create their own forecasts by inserting different values for futures prices, basis values, or marketing weights.

Soybean Costs and Returns Excel icon (16x16) provides data and analyses for regional and national categories back to 1975.

Foreign Agricultural Trade of the United States (FATUS) provides summaries of recent U.S. agricultural exports and imports, volume and value by country, commodity, and calendar year, fiscal year, and month. Some tables are updated monthly, while others are updated annually.

Food Consumption (Per Capita) Data System provides estimates availability for several hundred foods available for human consumption, including added fats and oils, as well as peanuts and tree nuts.

Global Agricultural Trade System (GATS) contains detailed agricultural trade data between the United States and its trading partners. Standard BICO reports are available for general information, and detailed queries can be performed by product group or HS code. Searches can be saved and results sent by email on a recurring basis.

Production, Supply, and Distribution (PS&D) contains official USDA data on production, supply, and distribution of agricultural commodities for the United States and major importing and exporting countries. The database provides projections for the coming year and historical data on major crop, livestock, fishery, and forest commodities from more than 200 countries.

WTO Agricultural Trade Policy Commitments Database contains data on implementation of trade policy commitments by WTO member countries. Data on domestic support, export subsidies, and tariffs are organized for comparison across countries. This database provides standard spreadsheets and custom queries to view and download data.

Quick Stats: Agricultural Statistics Database offers U.S., State, and County-level agricultural statistics for many commodities and data series. Quick Stats offers the ability to query by commodity, State, and year. The data set can be downloaded for easy use in a database or spreadsheet.

Selected Statistics

For current coverage of the soybean industry, see the ERS monthly newsletter
Oil Crops Outlook

  • U.S. soybean planted acreage:
       2012: 77.2 million acres
       2013: 76.8 million acres
       2014: 83.3 million acres
       2015: 82.7 million acres
       2016: 83.7 million acres
  • Farm cash value, soybean production:
       2012: $43.7 billion
       2013: $43.6 billion
       2014: $39.5 billion
       2015: $35.2 billion
       2016: $38.0 billion (forecast)
  • U.S. soybean production:   
       2012: 3,042 million bushels
       2013: 3,358 million bushels
       2014: 3,927 million bushels
       2015: 3,929 million bushels  
       2016: 4,201 million bushels (estimated)   
  • Soybean production, top five States, 2016 (estimated):
       IL--600 million bushels
       IA--560 million bushels
       MN--380 million bushels
       IN--329 million bushels
       NE--310 million bushels
  • U.S. soybean exports (crop year*):   
       2012: 1,328 million bushels
       2013: 1,639 million bushels
       2014: 1,842 million bushels
       2015: 1,940 million bushels
       2016: 1,985 million bushels (forecast)
  • U.S. soybean exports as percent of production:       
       2012: 44 percent
       2013: 49 percent  
       2014: 47 percent  
       2015: 49 percent
       2016: 47 percent (forecast)  
  • U.S. soybean exports by country, 2014/15
    Top five destinations:
       China—1,085 million bushels
       European Union--167 million bushels
       Mexico--131 million bushels
       Japan--80 million bushels
       Taiwan--53 million bushels

U.S. Soybean Prices

  • Farm price for soybeans:    
       2012 crop year average: $14.40 per bushel
       2013 crop year average: $13.00 per bushel
       2014 crop year average: $10.10 per bushel
       2015 crop year average: $8.95 per bushel
       2016 crop year average: $8.30-$9.80 per bushel (forecast)


*Crop year begins September 1 and ends August 31.

Last updated: Wednesday, September 21, 2016

For more information contact: Mark Ash and Shelbi Knisley