Madison, WI, August 19, 2016—Wisconsin Gov. Scott Walker has proclaimed September 2016 as Soybean Month, in recognition of Wisconsin soybean growers and their significant contribution to the state’s economy. Last year, Wisconsin grew 92.6 million bushels of soybeans, with a production total of $787 million. Animal agriculture—including livestock, fish and poultry—is the top consumer of soybean meal.
According to the 2016 Soybean Month Proclamation, animal agriculture accounted for 145,500 Wisconsin jobs in 2014, with an economic output of $20.5 billion and $3.7 billion in earnings. Wisconsin soy producers continue to have a great impact on the state’s economy. In fact, the U.S. Department of Agriculture estimates that Wisconsin farmers will harvest a record amount of soybeans this year.
The Wisconsin Soybean Marketing Board notes that Wisconsin’s 11,000 soy producers fuel the state’s economy in several ways. While animal agriculture is the largest consumer of soy meal, Wisconsin soybeans are also used to produce soyfoods such as tofu and soymilk. In addition, Wisconsin is a major exporter of soybeans. Approximately 65 percent of the state’s soybeans are exported, with much of the demand coming from China.