“The resiliency of the farmers to continue to grow and harvest
such a great crop, it is just the perfect place to do it,”
Illinois Soybean Association CEO John Lumpe told The Center
Square.
While U.S. growers produced more than earlier estimates, actual
production was down 2.5%.
The main destination of soybean exports from the U.S. are China,
Mexico and Egypt with a total export value of over $34 billion
Lumpe said they are always searching for ways to expand the
soybean market.
“Our board sits down and we are constantly looking at new
markets and new opportunities, not only for the whole soybean,
but for the soybean oil and the soybean meal,” said Lumpe.
Illinois fell out of first place in terms of corn production.
Illinois’ 2.28 billion bushels of corn made it the
second-highest producer in the U.S. Only Iowa was higher at 2.5
billion bushels.
The U.S. produced 15.3 billion bushels of corn, which was an
increase of 12.4% over 2022.
For all principal crops, Kansas led the nation in planted
acreage, followed by Iowa, North Dakota, Illinois and Texas.
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