
A numbers game: SoyStats reveal 2024 U.S. production, export totals
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Wisconsin soybean farmers are passionate about many things – new machinery, weather forecasts, keeping waterhemp at bay, watching the sun set over their fields. The list is long.
And, though it might come as a surprise, they’re passionate about numbers, which is why they patiently wait for the SoyStats report each year.
Published by the American Soybean Association, SoyStats is the definitive guide to soybeans by the numbers, from planting, yield and production data to annual crush, meal and oil reports. Because of its valuable insight to the U.S. soybean industry, the Wisconsin Soybean Marketing Board (WSMB) invests checkoff dollars to support the publication.
“Each year, SoyStats sets the tone for the coming growing season and gives producers a solid benchmark, which is why it’s important to invest soybean checkoff dollars into the project,” WSMB Executive Director Adam Kask said. “It’s always exciting when we get the new booklet in the mail.”
According to the 2025 SoyStats, which covers the 2023/24 marketing year, Wisconsin soybean farmers produced 101.8 million bushels of soybeans (ranking 14 among 29 soy-producing states) with an average yield of 48 bushels per acre (13th in the nation). As a nation, the U.S. planted 87.1 million acres of soybeans, an increase from 83.6 million in 2023. Wisconsin claimed 2,150,000 of those soybean acres.
Economically, the Wisconsin soybean industry was responsible for 28.3 percent of the total principal crops in the state, valuing at $1,303 million. On average, Wisconsin soy growers received $12.40 per bushel.
“Soybeans are a major economic factor in Wisconsin and account for a large acreage,” Kask said. “The SoyStats facts and figures reinforce that the ‘miracle bean’ is an important industry in our state.”
To view the digital version of the 2024 SoyStats (the 2025 publication has yet to be uploaded), visit http://soystats.com.