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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.
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.
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 ...
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 ]
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]
The overall food category increased 2.1%, driven higher by the cost to dine out, which was up 3.8%. The growth in prices of restaurant meals has outpaced the growth in grocery prices in 2024 as ...
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]
Researchers were investigating how raw soybeans consumed by mice affected their hormone levels and health outcomes. They found that soy increased the mice’s cancer risk and stimulated breast growth.