United States Soybean Oil Production Annual Growth Rate
Market Year | Production | Unit of Measure | Growth Rate |
1964 | 2334 | (1000 MT) | NA |
1965 | 2631 | (1000 MT) | 12.72% |
1966 | 2756 | (1000 MT) | 4.75% |
1967 | 2736 | (1000 MT) | -0.73% |
1968 | 2962 | (1000 MT) | 8.26% |
1969 | 3585 | (1000 MT) | 21.03% |
1970 | 3749 | (1000 MT) | 4.57% |
1971 | 3580 | (1000 MT) | -4.51% |
1972 | 3402 | (1000 MT) | -4.97% |
1973 | 4080 | (1000 MT) | 19.93% |
1974 | 3345 | (1000 MT) | -18.01% |
1975 | 4368 | (1000 MT) | 30.58% |
1976 | 3891 | (1000 MT) | -10.92% |
1977 | 4666 | (1000 MT) | 19.92% |
1978 | 5136 | (1000 MT) | 10.07% |
1979 | 5491 | (1000 MT) | 6.91% |
1980 | 5112 | (1000 MT) | -6.90% |
1981 | 4980 | (1000 MT) | -2.58% |
1982 | 5462 | (1000 MT) | 9.68% |
1983 | 4931 | (1000 MT) | -9.72% |
1984 | 5202 | (1000 MT) | 5.50% |
1985 | 5269 | (1000 MT) | 1.29% |
1986 | 5798 | (1000 MT) | 10.04% |
1987 | 5885 | (1000 MT) | 1.50% |
1988 | 5324 | (1000 MT) | -9.53% |
1989 | 5898 | (1000 MT) | 10.78% |
1990 | 6082 | (1000 MT) | 3.12% |
1991 | 6507 | (1000 MT) | 6.99% |
1992 | 6250 | (1000 MT) | -3.95% |
1993 | 6328 | (1000 MT) | 1.25% |
1994 | 7082 | (1000 MT) | 11.92% |
1995 | 6913 | (1000 MT) | -2.39% |
1996 | 7145 | (1000 MT) | 3.36% |
1997 | 8229 | (1000 MT) | 15.17% |
1998 | 8202 | (1000 MT) | -0.33% |
1999 | 8085 | (1000 MT) | -1.43% |
2000 | 8355 | (1000 MT) | 3.34% |
2001 | 8572 | (1000 MT) | 2.60% |
2002 | 8360 | (1000 MT) | -2.47% |
2003 | 7748 | (1000 MT) | -7.32% |
2004 | 8782 | (1000 MT) | 13.35% |
2005 | 9248 | (1000 MT) | 5.31% |
2006 | 9294 | (1000 MT) | 0.50% |
2007 | 9335 | (1000 MT) | 0.44% |
2008 | 8503 | (1000 MT) | -8.91% |
2009 | 8897 | (1000 MT) | 4.63% |
2010 | 8568 | (1000 MT) | -3.70% |
2011 | 8954 | (1000 MT) | 4.51% |
2012 | 8990 | (1000 MT) | 0.40% |
2013 | 9131 | (1000 MT) | 1.57% |
2014 | 9706 | (1000 MT) | 6.30% |
2015 | 9956 | (1000 MT) | 2.58% |
2016 | 10035 | (1000 MT) | 0.79% |
2017 | 10783 | (1000 MT) | 7.45% |
2018 | 10976 | (1000 MT) | 1.79% |
2019 | 11299 | (1000 MT) | 2.94% |
2020 | 11350 | (1000 MT) | 0.45% |
2021 | 11864 | (1000 MT) | 4.53% |
2022 | 11882 | (1000 MT) | 0.15% |
2023 | 12313 | (1000 MT) | 3.63% |
Source: United States Department of Agriculture
See also: Commodity prices
See also: Agricultural prices
See also: Commodities market
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