Related Data & Statistics

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, sunflower seed, other special oilseeds, tropical oils, corn oil, and animal fats, as well as extensive time series datasets 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 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 Bulk, Intermediate and Consumer (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.

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 dataset 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: 83.5 million acres
       2017: 90.2 million acres
       2018: 89.2 million acres
       2019: 76.1 million acres
       2020: 83.4 million acres
       2021: 87.2 million acres
       2022: 87.5 million acres (estimated)
  • Farm cash value, soybean production:
       2012: $43.7 billion
       2013: $43.6 billion
       2014: $39.5 billion
       2015: $35.2 billion
       2016: $40.7 billion
       2017: $41.3 billion
       2018: $37.6 billion
       2019: $30.5 billion
       2020: $45.7 billion
       2021: $57.5 billion
  • 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: 4,296 million bushel
       2017: 4,412 million bushels
       2018: 4,428 million bushels
       2019: 3,552 million bushels
       2020: 4,216 million bushels
       2021: 4,465 million bushels
       2022: 4,276 million bushels (estimated)
  • Soybean production, top five States, 2021 (estimated):
       Illinois—683 million bushels
       Iowa—632 million bushels
       Minnesota—356 million bushels
       Nebraska—351 million bushels
       Indiana—338 million bushels
  • U.S. soybean exports (crop year*):   
       2012: 1,328 million bushels
       2013: 1,639 million bushels
       2014: 1,842 million bushels
       2015: 1,943 million bushels
       2016: 2,167 million bushels
       2017: 2,134 million bushels
       2018: 1,752 million bushels
       2019: 1,683 million bushels
       2020: 2,266 million bushels
       2021: 2,158 million bushels
  • US. soybean exports as percent of production:       
       2012: 44 percent
       2013: 49 percent  
       2014: 47 percent  
       2015: 49 percent
       2016: 50 percent
       2017: 48 percent  
       2018: 40 percent  
       2019: 47 percent
       2020: 54 percent
       2021: 48 percent (estimated)
  • US. soybean exports by country, 2021/22 marketing year
    Top five destinations:
       China—1102 million bushels
       Mexico—208 million bushels
       Egypt—152 million bushels
       Germany—100 million bushels
       Japan—97 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: $9.47 per bushel
       2017 crop year average: $9.33 per bushel
       2018 crop year average: $8.48 per bushel
       2019 crop year average: $8.57 per bushel
       2020 crop year average: $10.80 per bushel
       2021 crop year average: $13.30 per bushel

*Crop year begins September 1 and ends August 31.