Soybean Facts

Indiana Soybean Industry Facts:
60,000 soybean farms produced 287 million bushels of soybeans.
98% of the soybean & livestock farms in the country are still family farms.
98% of the soybean meal produced in the U.S. is consumed by livestock & poultry.
In Indiana, pigs eat 53% of the soybean meal produced and chickens eat 33%.
Livestock and poultry operations also create jobs: 42,000 in Indiana.
Commodity agriculture alone is 5% of the state’s Gross State Product.
Grain & livestock farms and support industries drive much of Indiana’s rural economy with 35-60% of tax revenue generated from agriculture.
Livestock has a large impact on the economy with direct investment and a 3-4x wage multiplier.
Our beef, dairy and pork farms have been in decline. Doubling pork production means trying to regain our pork inventory to what it was in the 1980’s.