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  2. Agribusiness
  3. Agriculture
  4. Agricultural Products
  5. Oilseeds
  6. Soybean
  7. Soybean and Other Oilsee…

Soybean and other oilseed processing industry gross output in United States decreases in 2017

According to statistics issued by U.S. Bureau of Economic Analysis, soybean and oilseed processing industry gross output declined by 6.72 percent compared with the previous year. The indicator went down from 36 377 million US Dollars in 2016 to 33 934 million US Dollars prior year, as it follows the tendency of the previous year when it dropped by 9.43%. The overall changes for the prior 21 years hit a growth of 128.88%. Still it has attained a diminution at a 0.02 percent average annual growth rate during the five years with a modest overall rise since the start of observations. It averaged 24 738.9 million US Dollars from 1997 to 2017 and it reached its all-time high of 41 264 million US Dollars in 2014 and record low of 10 813 million US Dollars in 2000.

Soybean and other oilseed processing industry gross output in United States decreases in 2017
Date Million US Dollars Variation
2017 33 934.00 -6.72
2016 36 377.00 -9.43
2015 40 164.00 -2.67
2014 41 264.00 8
2013 38 209.00 -4.13
2012 39 855.00 20.96
2011 32 950.00 21.47
2010 27 127.00 -2.51
2009 27 825.00 -14.16
2008 32 414.00 52.98

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