U.S. production of soybeans 2000-2020

In 2020, an estimated four billion bushels of soybeans (or soya beans) were produced in the United States, a significant increase of more than half a billion bushels compared to the previous year.

Soya beans in the U.S.

Alongside the production volume of soybeans, the production value dropped in the United States in 2019: the production value of soybeans stood at over 40 billion U.S. dollars in 2017 and declined to roughly 30 billion U.S. dollars two years later. The states that produced the highest volume of soybeans in 2019 were Illinois, Iowa, and Minnesota, respectively. Each of these top-producing states had cultivated a larger number of bushels in 2018.

Leading soybean producers worldwide

Since the marketing year of 2012/2013, the United States and Brazil have been the leading producers of soybeans worldwide. Producing over 120 million metric tons of it, Brazil was clearly in the lead in 2019/2020. Other noteworthy countries in terms of soybean production included Argentina, China, and Paraguay.