As per USDA June 2016 report, US Soybean plantation for 2016 is estimated at a record high 83.7 Ml acres, up by 1% from last year. Area for harvest is at 83.0 ml acres,if realized, will be a new record high. growers significantly increased area in Kansan, Minnesota and Missouri with 200,000 or more acres covered under Soybean in comparison to 2015.