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US Soybean Supply

September 2015

The following table provides the most recent soybean supply and use information published by the U.S. Department of Agriculture. While the 2015 soybean crop is still subject to some change based on the harvest, (page 1) Total production areas harvested: Total production and average soybean yields are at an all-time high resulting in more soybeans being available for crush and/or export; and (page 2) Increased domestic soybean meal production increases the volume of soybean meal available for use by the feed industry and for export sales.

The World’s production of soybeans and soybean meal has increased steadily. Most of the increased supply of soybeans has been produced in South America and the United States. These data indicate that most of the soybean meal is consumed in four regions (Southeast Asia and China, Europe and North America. Continued growth in poultry, swine and aquaculture operations worldwide will further expand the need for soybean meal.

Production of Soybeans and Soybean Meal – November 2015