Riptortus pedestris (F.) (Hemiptera: Alydidae) is an important pest of soybeans in Korea and Japan. A synthetic aggregation pheromone trap has been commercialized and used in soybean fields in Korea for both monitoring and mass-capture of this bug. As the trap’s efficacy in reducing the pest population or crop damage is unknown, in this study we evaluated the aggregation pheromone trap in experimental soybean fields located in Andong National University. Two treatments, one with traps deployed for the entire cultivation period and one with no traps, were tested in six small experimental fields. The total numbers of R. pedestris (in all life stages) in soybean field were not significantly different between the treatments until August. But, in presence of pheromone, the pest’s abundance increased significantly in September and October. Relative to the size of the bug population in the field, trap catch rate was low during the fall (when bug density was highest) and high in early summer when the field population was very low. Placement of aggregation traps in plots caused pod and seed damage from R. pedestris to increase 2.7 and 2.2 times compared to the control. In conclusion, R. pedestris populations increased significantly during the fall in the presence of the aggregation pheromone trap, which should therefore be used with great caution whether as a control measure or as a monitoring tool.