Illinois Soybeans Matter
To our economy. To your district. And beyond.
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Agriculture supports the Illinois economy, from the Chicago Board of Trade in the Loop to the Bunge elevator in Cairo. And everywhere in between. Directly and indirectly, the industry creates about 1.5 million Illinois jobs.
The Illinois soybean crop is a big part of the state's agricultural output, worth nearly $6 billion a year – just in direct sales. Downstream shipping and processing adds even more value.
- Roughly half the crop is exported, with an estimated $3.3 billion value
- Crushing the other half of the crop to extract protein (soybean meal for animal feed) and soybean oil adds about $2.8 billion and nearly 2,000 jobs to the Illinois economy
Illinois has a hard-earned international reputation as a reliable provider of soybeans and soy products. In 2013, we produced the largest soybean crop in the United States. Illinois leads due to its farmers, plentiful natural resources and ideal location.
Leading Soybean Research and Agri-Business.
Our state's leadership in research, innovation and production and our infrastructure make Illinois vital to U.S. agriculture.
Major ag-related businesses are headquartered in Illinois including:
- Chicago Board of Trade (the agricultural section of the CME Group)
- Archer Daniels Midland (ADM)
- John Deere
- GROWMARK Cooperative
Four first-class public universities conduct agriculture research that keeps us on the leading edge:
- University of Illinois Urbana-Champaign (UIUC)
- Illinois State University
- Southern Illinois University Carbondale
- Western Illinois University
- The National Soybean Research Laboratory housed at UIUC develops innovative processing and marketing techniques for Illinois soybeans
Illinois Soybean Association
The Illinois Soybean Association (ISA) represents more than 45,000 soybean farmers in Illinois through the state soybean checkoff and membership efforts. ISA programs ensure Illinois soy is the highest quality, most dependable, sustainable and competitive in the global marketplace. For more information about how soybeans impact the Illinois economy and your district, contact Mike Levin or Bruce Kinnett.
SoyIllinois, Facts & Statistics for the Illinois Soybean Industry, 2012.
Informa Economics, The Economic Impact to Illinois of Crushing and Feeding Soybeans vs. Exporting Soybeans, 2012.
USDA NASS Farm Facts – Illinois.
USDA NASS 2012 Illinois County Estimates – Soybeans.