View this email as a Web page Please add SO_Soybean e-Digest_ to your Safe Sender list.
Soy
E-Digest
 BROUGHT TO YOU BY THE PUBLISHERS OF CORN & SOYBEAN DIGEST Subscribe Unsubscribe Preferences Contact Us 
  March 12, 2008 A Penton Media Property Volume 4, Number 5  
TABLE OF CONTENTS
5 Most Economical Yield-Boosting Tips For Soybeans

United Soybean Board Seeks Applicants For Tour

Record Year Projected For U.S. Soybean Production

FAPRI Projects Higher Commodity Prices Over The Next Decade

USDA Sets Date For Soybean Referendum Request

Survey Shows Soybean Farmers Support Checkoff

Specialty Grains Web Portal Available To Soybean Growers

Management Decisions To Minimize Soil Compaction

Take Part In Corn & Soybean Digest Quick Poll

Brazil Columnist Talks About Global Farming Operation

Soybean Oil Reduces Carbon Footprint In Swine Barns

No Illegal Activity In Commodity Markets During Last Several Years

Is President Obama's Honeymoon With Ag Over?

Want A CSD Editor To Visit Your Farm?

Print or Video?



Top Bean News
5 Most Economical Yield-Boosting Tips For Soybeans
Farmers can improve their soybean yields without turning to expensive inputs, says Jim Beuerlein, Ohio State University (OSU) Extension soybean agronomist. The following is his top-five list of economical ways to boost bean yields.

1. Check university performance trials and choose a top-yielding soybean variety for your area. “Typically, university variety trials only include a company’s very best genetics,” says Beuerlein. “If you pick something that yields better than average in those trials, you’ll likely end up with a variety that yields in the top 10-15%.”

2. Use a fungicide seed treatment. In areas where soils are generally saturated during spring, which includes most of the eastern Corn Belt, soybean growers almost always need to use a fungicide seed treatment to avoid root rot diseases, says Beuerlein.

“A fungicide could be worth up to $100/acre if it saves you having to replant,” he points out. “It only takes about ½ bu./acre to pay for the treatment, and you almost always end up with a better stand in soils that tend to dry out slowly. In wetter soils, using a fungicide at planting could also allow you to cut back about 5-10% on your seeding rate.”

3. Plant rhizobial inoculated seed. “Under normal growing conditions, you can expect a 2+-bu./acre yield boost with rhizobial inoculated seed, even on your best fields,” says Beuerlein. “That’s the long-term average in Ohio over the past 14 growing seasons in fields planted in a corn/soybean rotation – so that’s a pretty reliable number.

“In some years, due to either extremely wet weather or hot, dry soils, the bacteria won’t survive and you won’t get a yield boost,” he adds. “However, in fields with soil pH levels below 6 or that have been planted to continuous corn for several years, we’ve seen a yield boost as high as 8-12 bu./acre.”

Growers might consider applying rhizobial inoculants on soybean seed with a fungicide, but Beuerlein cautions farmers to check the label for proper timing first. “With some fungicides the time period is up to three weeks before planting and with others it’s only 24 hours,” he says. “Generally, the closer you put the inoculants on the seed before planting, the better the chances are that you won’t lose any bacteria.”

4. Use a pre-emergence herbicide. “Some weeds, like giant ragweed, are really tough to kill if you don’t take care of them early,” explains Beuerlein. “Depending on the year, you may not have to use a post application after applying a pre-emergence herbicide. Other years, you might need one or two post applications – you just need to react according to the weather and how quickly the crop canopy develops.”

5. Harvest at 17-18% moisture. “Only bad things can happen to the crop when it gets down to 17-18% moisture without being harvested,” says Beuerlein. “If you can spread out the maturities of your varieties so that you harvest at a little higher moisture level, you won’t lose test weight or have shattering problems that could cause yield loss.”

To read more soybean-production management tips from OSU, click here: agcrops.osu.edu/soybean/. For more information on the potential benefits from soybean seed inoculation, click here: farmindustrynews.com/seed/inoculants-better-than-years-0301/?smte=wl.

By John Pocock

Bean Briefs
United Soybean Board Seeks Applicants For Tour
The United Soybean Board (USB) and soybean checkoff are pleased to announce the organization of a second annual See for Yourself tour. The first tour last summer was a huge success in getting U.S. soybean farmers acquainted with the operation of their checkoff program.

“I really believe last year’s tour made a real positive impact on the participants,” says Jim Stillman, a soybean farmer from Emmetsburg, IA, and chair of the USB audit and evaluation committee, which sponsors the tour. “It made them aware of the broad scope the checkoff has.”

USB is looking for 10 soybean farmers who have little to no hands-on experience with soybean checkoff programs to take this year’s tour, July 13-18. Those who are interested can fill out an application at the official soybean checkoff Web site at www.unitedsoybean.org. Applications must be received by March 20.

The tour offers an excellent opportunity for soybean farmers to interact with USB leadership, ask questions and provide their perspective on the checkoff. With a start in St. Louis, participants will hear from the USB chairman, CEO and executive director, as well as representatives of every USB committee about how checkoff dollars are invested to increase demand for U.S. soybeans.

After two days in St. Louis, the delegation heads to Mexico, which trails only China for importing U.S. soybeans and is second to none in soybean meal imports. To learn more about the tour and its itinerary, click here: www.unitedsoybean.com/pressroom.

Source: United Soybean Board
Record Year Projected For U.S. Soybean Production
For soybeans, USDA analysts are projecting a record year. They project a slight increase in planted area, to 77 million acres, as other crops see reduced plantings. This would be a record amount of land planted to soybeans. Much of the shift is attributed to soybeans’ lower input costs.

As with corn, projected yields are 3 bu./acre higher than in 2008, based on 1990-2008 trends. This puts U.S. soybean production at 3.24 billion bushels, which would be a record. Domestic soybean crush is projected to increase to 1.675 billion bushels, mainly based on higher expectations for soybean meal exports. Soybean exports are also expected to set a record, with 1.225 billion bushels leaving the country. But the growth in production exceeds the growth in usage and ending stocks are expected to climb to 380 million bushels. The 2009 season-average price for soybeans is forecast at $8/bu.

To read more about corn and soybean markets and prices, visit the following PDF Web link: www.econ.iastate.edu/outreach.pdf.

By Chad Hart, Iowa State University
   ADVERTISEMENT
Looking to gain a competitive edge in the world of soybean farming? Then, look no further than the site that brings you all the breaking news about current weather conditions, innovative new technologies and how to improve your yields. It’s your one-stop shop for the latest in soybean farming – unitedsoybean.org.
FAPRI Projects Higher Commodity Prices Over The Next Decade
Analysts with the Food and Agricultural Policy Research Institute (FAPRI) briefed Congress last week on 2009 agricultural economic baseline projections. A key finding is that after dramatic increases in the prices of most commodities in the last three years, prices retreat in 2009 and 2010, but growing demand for food, feed, and fuel is expected to return them to historically high levels over the rest of the decade.

A widespread economic slowdown in 2009 weakens demand for agricultural commodities and, coupled with the high carryover supply from the last two years of high prices, depresses commodity prices in the short run. However, world population growth, recovery in income growth and bioenergy mandates drive prices back to their historic highs over the rest of the decade.

The recent market turbulence in the advanced economies spreads and slows world economic expansion in 2009. However, recovery is projected in 2010, with long-term real growth in world gross domestic product of 3.5% reached by 2011.

To read more about FAPRI’s agricultural projections, click here: www.card.iastate.edu/about/news.

Source: Iowa State University
USDA Sets Date For Soybean Referendum Request
The USDA announced last week that it will offer soybean producers the opportunity to request a referendum on the Soybean Promotion and Research Order, as authorized under the Soybean Promotion, Research, and Consumer Information Act.

The act requires the Secretary of Agriculture to conduct a request for referendum every five years after the initial referendum, which was conducted in 1994. The last request for referendum was conducted in 2004. Soybean producers who are interested in having a referendum to determine whether to continue the soybean checkoff program are invited to participate.

The request for referendum will be conducted at USDA's county Farm Service Agency offices. To be eligible to participate, producers must certify and provide documentation that shows that they produced soybeans and paid an assessment on the soybeans during the period of Jan. 1, 2007, through Dec. 31, 2008.

Beginning May 4, 2009, and continuing through May 29, 2009, producers may obtain a form by mail, fax or in person from the Farm Service Agency county offices. Forms may also be obtained via the internet at: www.ams.usda.gov/lsmarketingprograms during the same time period. Individual producers and other producer entities may request a referendum at the county FSA office where their administrative farm records are maintained. For the producer not participating in FSA programs, the opportunity to request a referendum will be provided at the county FSA office where the producer owns or rents land. Completed forms and supporting documentation must be returned to the appropriate county FSA office by fax or in person no later than close of business May 29, 2009; or if returned by mail, must be postmarked by midnight May 29, 2009, and received in the county FSA office by close of business on June 5, 2009.

USDA will conduct a referendum if at least 10% of the nation’s 589,182 soybean producers support a referendum. Not more than one-fifth of the producers who support having a referendum can be from any one state.

The soybean checkoff program is administered by a 68-member producer board and is designed to expand uses of soybeans and soybean products in domestic and foreign markets. The national program is financed by a mandatory assessment of one-half of 1% of the net market price of soybeans.

Source: USDA AMS
Survey Shows Soybean Farmers Support Checkoff
Better than seven out of every 10 U.S. soybean farmers continue to support their soybean checkoff, and more than three out of four express familiarity with the details and specifics of the checkoff, according to the most recent checkoff-funded producer attitudes survey. The survey also finds that support for the checkoff is uniform across the country.

“These survey numbers show the seriousness with which our dedicated volunteer checkoff farmer-leaders take their responsibilities,” says USB Chairman Chuck Myers. “The 50% share of national checkoff collections from upward of 600,000 soybean farmers was at just over $67 million for 2008 and anticipated at just over $64 million for 2009. So investing that money wisely and responsibly is our primary focus and responsibility. I think feedback such as this survey is a strong indication that farmers are comfortable with the work we’re doing on their behalf.”

The producer attitudes survey is conducted independently and is a tool for USB directors to guide their decisions on how to invest checkoff dollars. Participants were asked questions about a broad range of topics, including production solutions and innovations, new uses for soy, support of the U.S. animal agriculture industry, international marketing and, new to this survey, sustainability.

Among other findings of the survey:
  • 86% say the checkoff has helped develop new uses for soy.
  • 80% say the checkoff has helped expand or develop new international markets for soy.
  • 73% say the checkoff has helped develop advances or improvements in production techniques.
  • 64% say they remember receiving Beyond the Bean magazine, a 20-point jump since 2006. Of those who recall receiving Beyond the Bean,76% said the articles found there are at least as helpful as, if not more helpful than, articles found in other agriculture-related publications.
  • 58% say they’ve made changes to their farm to make it more sustainable.
Telephone interviews with 1,000 soybean producers across the U.S. were conducted Feb. 8-25. A sample of this size produces a confidence interval of +/- 3.1. For more information about USB and the soybean checkoff, click here: www.unitedsoybean.org.

Source: United Soybean Board
Specialty Grains Web Portal Available To Soybean Growers
Soybean farmers who are still finalizing their planting decisions for 2009 should check out a new Web portal, just launched by the Midwest Shippers Association (MSA), to learn about opportunities to contract to grow higher value specialty grains. The new Web site can be viewed at: www.midwestshippers.com.

Producers can log on to the site and learn about the specialty grower contracts available through MSA and a wealth of other information. Viewers can also connect directly to MSA member processors, elevators and exporting companies that work with growers and market a wide range of identity-preserved (IP) specialty grains for international and domestic markets.

These specialty grains include food grade, identity preserved soybeans for tofu, natto and other Asian soy food uses and new, low-linolenic special trait soybeans and more. These specialty grains often provide growers with premium prices above the Chicago Board of Trade.

With support from the Minnesota Soybean Research and Promotion Council and the North Dakota Soybean Council, MSA's new Web portal is designed to serve as the network for the entire specialty grains industry in the region. Links and information sections serve growers; seed suppliers; processor traders; shipping, logistics and transportation suppliers for export shipping; IP grain industry supplier firms; research institutions; commodity organizations and state and federal agencies.

To read more about the new, specialty grains Web portal, click here: www.mnshippers.com/html/news.cfm?ID=1589.

Source: Midwest Shippers Association
Management Decisions To Minimize Soil Compaction
The most effective way to minimize soil compaction is to avoid field operations when soil moisture is at or near field capacity. Soil compaction will be less severe when soil tillage, fertilizer applications and planting operations occur when the field is dry.

Soil moisture can be determined using a hand ball test or observing a soil ribbon test. To read more about how to conduct these soil moisture tests, click here: www.ipm.iastate.edu/ipm/icm/2007/4-9/moisture.html.

Properly adjusted tire size and correct air pressure for the axle load being carried is a second management tool. Larger tires with lower air pressure allow for better flotation and reduce pressure on the soil surface. Additionally, if larger tires are overinflated for the load they carry, this will increase compaction on the soil.

A third management decision is to use the same wheel tracks to minimize the amount of land traversed. Most damage occurs with the first pass of the implement. Using controlled traffic patterns can be done effectively by using implements that have matched wheel-tread configuration for soil preparation, planting, row cultivation, spraying and harvesting.

Soil compaction can be a serious problem for farmers, but with proper farm management, compaction can be minimized. Remember to hold off soil tillage operations until soil conditions are drier than field capacity and look into the benefits of conservation tillage systems.

To read more about compaction’s impact on row-crop production, consult Iowa State University Extension publication PM 1901b – Understanding and Managing Soil Compaction – Resource Conservation Practices. This publication available online in a PDF format at: www.extension.iastate.edu/Publications. To read a related article about how compaction squeezes yields, click here: cornandsoybeandigest.com/ag-issues/0215-compaction-squeezes-yields/.

By Mahdi Al-Kaisi, Mark Hanna and Mark Licht, Iowa State University
Take Part In Corn & Soybean Digest Quick Poll
Please take part in an anonymous Corn & Soybean Digest (CSD) quick poll. The most recently posted question is: What’s your machinery+labor cost/acre?

Answer the question and view quick poll results on CSD's home page at: cornandsoybeandigest.com/. (The poll question is just to the right of the “What’s New” top section of the Web site.)

Source: Corn & Soybean Digest
Brazil Columnist Talks About Global Farming Operation
Tyler Bruch, columnist for Corn & Soybean Digest, has been farming in Brazil for five years. Find out what growth plans he has for the future and how he's now even expanded in Ukraine. Bruch is aggressive and financially responsible in how approaches his farming operations. “It's all about profit,” he says.

Click here to view the video: cornandsoybeandigest.com/tv/0304-Tyler-Bruch-farms/.

Source: Corn & Soybean Digest

Off The Stem
Soybean Oil Reduces Carbon Footprint In Swine Barns
One of agriculture's most versatile crops – soybeans – could one day play a role in combating climate change, Purdue University research shows.

In addition to using soybeans in beverages, biofuels, lip balm, crayons, candles and a host of other products, Purdue Agricultural Engineers Al Heber and Jiqin Ni found that soybean oil reduces greenhouse gas emissions when sprayed inside swine finishing barns.

Heber and Ni led a team of Purdue and University of Missouri researchers in the yearlong project, which monitored the effectiveness of soybean oil on dust and odor within hog facilities. Additional research is needed to address problems with oil spraying and substantiate the study's findings, the researchers say.

“This project provided baseline measurements of the greenhouse gas contributions of swine finishing barns,” Heber says. “In addition to the baseline measurements, we now have some data on an abatement technology to reduce the carbon footprint contribution of a pound of pork.”

In 2005, agricultural practices were responsible for 7.4% of total greenhouse gas emissions in the U.S., according to the U.S. Environmental Protection Agency.

To read more about the use of soybean oil to reduce dust, odor and greenhouse gases in hog facilities, click here: news.uns.purdue.edu/x/2009.

Source: Purdue University
No Illegal Activity In Commodity Markets During Last Several Years
An in-depth study of futures trading on several commodity exchanges over the past three and one-half years has found no illegal activity. But more so, it found that recent volatility in the commodity markets was not the result of any group of traders or their typical practices. The volatility stemmed from the bull market, resulting from world demand and the low value of the dollar, but was not a function of trading activity.

To read more about this topic, click here: www.farmgate.uiuc.edu/archive/2009.

By Stu Ellis, University of Illinois Extension
Is President Obama's Honeymoon With Ag Over?
The honeymoon may not be over for President Obama and major farm commodity groups – but they are having words.

During last’s week’s address to Congress and the nation, the president proposed sweeping cuts to the farm safety net included in the 2008 Farm Bill. His $3.6 trillion proposed budget called for, among other things: phasing out over a three-year period direct payments to producers with sales revenue of more than $500,000 annually; establishing a $250,000 commodity program payment limit; reducing crop insurance funds by $5.2 billion over 10 years; and cutting Market Access Program funds, which are used by the wheat industry and others to promote sales of U.S. products by 20%.

At the recent Commodity Classic, David Cleavinger, president of the National Association of Wheat Growers (NAWG) and a wheat producer from Wildorado, TX, joined leaders from the National Corn Growers Association, National Sorghum Producers and the American Soybean Association in asserting dismay with the proposal in a statement to the Obama administration.

To read more about the controversy, click here: cornandsoybeandigest.com/marketing/0302-Obama-cuts-farm-bill/.

By Larry Stalcup

Soy Pod Extra
Want A CSD Editor To Visit Your Farm?
When it’s time to get out to the field with your newest crop production innovation, the Corn & Soybean Digest (CSD) editors would like to be right there with you to see what new or different ideas took shape during the winter. If you or someone you know has built or modified machinery, we’d like to hear from you.

No idea is too big or too small. We’re interested in machinery that’s been built from scratch, or several pieces of equipment that have been torn down and re-assembled as a single unit, or simple modifications to existing equipment. It’s always interesting to see anhydrous ammonia applicators, planters, sprayers and tillage tools that farmers have constructed to help them farm better, bigger or more efficiently.

Also, we’re interested in any cost-cutting ideas that you’ve been doing to stay profitable. For example, have you been involved in any machinery sharing ventures, group input buying clubs or innovative marketing channels?

We can’t promise that we’ll get to every farm, but we promise to try. If you have an idea you’d like to share, please send an e-mail to CSD@csdigest.com or call Managing Editor Susan Winsor at (952) 851-4662, or click on the following link to enter your project: insidepenton.com/research/sg/csd09shopproject.htm.

Thanks for your help,
The Editors, Corn & Soybean Digest.

Source: Corn & Soybean Digest Editors

Note From The Editor
Print or Video?
The Corn & Soybean Digest has recently been posting videos on various topics on its Web site. I sometimes provide links to these videos in the Soybean E-Digest. For example, this issue has a video link of an interview between Greg Lamp, CSD editor, and Tyler Bunch, a CSD columnist who lives and farms in Brazil.

My questions to readers is this: would you like me to include more video links on topics related to soybeans or would you prefer that I continue to keep the newsletter more print focused? Either way, I’d like to hear from you.

When writing, please let me know your name, where you farm, what your comment is and whether or not I have permission to use your comment in a future Soybean E-Digest newsletter. As always, you're welcome to write to me if you have concerns or questions about this newsletter or have ideas on topics you’d like to see me write about for future issues. You can contact me (John Pocock) at: john.pocock@penton.com.

I look forward to hearing from you. Thanks for your readership, think spring – and farm on!


ABOUT THIS NEWSLETTER
You are subscribed to this newsletter as #email#

To unsubscribe from this newsletter go to: Subscribe

More About this Newsletter
To get this newsletter in a different format (Text or HTML), or to change your e-mail address, please visit your profile page to change your delivery preferences.

For questions concerning delivery of this newsletter, please contact our Customer Service Department at:
Customer Service Department
Corn & Soybean Digest
A Penton Media publication
US Toll Free: 866-505-7173 International: 847-763-9504 Email:cornandsoybeandigest@pbinews.com

Penton Media | 249 W. 17th Street | New York, NY 10011

Copyright 2008, Penton Media. All rights reserved. This article is protected by United States copyright and other intellectual property laws and may not be reproduced, rewritten, distributed, re-disseminated, transmitted, displayed, published or broadcast, directly or indirectly, in any medium without the prior written permission of Penton Media.