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In northern Illinois, farmers could lose $140 per acre on average for corn and $30 an acre for soybeans with autumn delivery prices of $4.50 and $11.50 a bushel, respectively, the analysis showed.
Additionally, Illinois farmers harvested 10.75 million acres of soybeans in 2024, up from 10.3 million acres the year before. Kindred said the bounty may help other industries to flourish.
Dairy products and wheat are important secondary crops in specific segments of the state. In addition, some Illinois farmers grow specialty crops such as popcorn and pumpkins. The state is the largest producer of pumpkins among the U.S. states. [13] There is a large watermelon growing area centered on Lincoln, Illinois. Illinois wine is a ...
Between 1930 and 1942, the United States' share of world soybean production grew from 3% to 47%, and by 1969 it had risen to 76%. By 1973 soybeans were the United States' "number one cash crop, and leading export commodity, ahead of both wheat and corn". [8] Although soybeans developed as the top cash crop, corn also remains as an important ...
The soybean checkoff is a congressionally-mandated assessment on soybeans, whose proceeds are used to fund soybean research and promotion efforts. The checkoff is managed by the United Soybean Board under the supervision of the United States Department of Agriculture Agricultural Marketing Service. In 2014, the checkoff was $109.1 million. [1]
Some common soy food products include: tofu, edamame, tempeh, miso, soy milk, soy sauce, soy protein isolate, soybean oil, and textured vegetable protein. Is soy bad for you?
Predecessor publications date back to the 19th century. In 1893, the USDA Division of Statistics published Production and distribution of the principal agricultural products of the world, a miscellaneous report representing several months of work in compiling the first overview of production of major crops around the world. [7]
In the European Union, for example, though it does not make up most of the weight of livestock feed, soybean meal provides around 60% of the protein fed to livestock. [161] In the United States, 70 percent of soybean production is used for animal feed, with poultry being the number one livestock sector of soybean consumption. [ 162 ]