U.S Soybean Area Planted and Harvested (Million Acres) and Yield
Source: USDA data
Uses
According to Soyatech LLC, some 85 percent of the world’s soybeans are processed, or "crushed," annually into soybean meal and oil. Around 98 percent of the soybean meal that is crushed is further processed into animal feed, with the balance used to make soy flour and proteins. Of the oil fraction, 95 percent is consumed as edible oil. The remainder is used for industrial products such as fatty acids, soaps and biodiesel.
U.S. Soy Usage (Million Bushels)
| 2010/11 | 2011/12 | 2012/13 | 2013/14† | 2014/15* | |
| Crush | 1,648 | 1,703 | 1,689 | 1,734 | 1,805 |
| Seed & Residual | 131 | 88 | 105 | 97 | 121 |
| Exports | 1,501 | 1,365 | 1,317 | 1,647 | 1,820 |
| Total | 3,280 | 3,156 | 3,111 | 3,478 | 3,746 |
Source: Agriculture Marketing Resource Center, Iowa State University (Figures as at 3/20/15)
† Preliminary * Estimated
U.S. Biodiesel Usage
| 2010/11 | 2011/12 | 2012/13 | 2013/14† | 2014/15* | |
| Soybean oil use for biodiesel1 | 2,737 | 4,870 | 4,689 | 4,800 | 4,700 |
| Use for biodeisel2 | 237 | 420 | 402 | 412 | 409 |
| Soybean oil for biodiesel, % oil from crop | 7.10% | 13.60% | 13.20% | 12.30% | 10.30% |
| Soybean oil from biodiesel, % of oil from crush | 14.40% | 24.60% | 23.60% | 23.80% | 22.60% |
Source: Agriculture Marketing Resource Center, Iowa State University (Figures as at 3/20/15)
† Preliminary * Estimated 1 Million lbs 2 Bushel equivalent
