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  February 26, 2009 A Penton Media Property Volume 4, Number 4  
TABLE OF CONTENTS
Soybean Seed Numbers Boost Yield

Signup Starts For Secure Optimal Yield (SOY) Challenge

South American Soy Harvest Pressure Picking Up

Corn And Soybean Basis Risk

Merrigan Nominated For USDA Deputy Secretary

Audit Shows Soybean Checkoff A Sound Investment

Crop Insurance Decisions

Best Soybean Seeding Rates

Soybean Green Stem Disorder Still A Mystery

Upper Southeast Soybean Acreage To Increase

Take Part In Corn & Soybean Digest Poll

Check Out New Corn Weed Control Guide

Commodity Classic To Welcome Secretary Vilsack

Correction To Six-Ft. Soybean Story



Top Bean News
Soybean Seed Numbers Boost Yield
A two-year, five-state study in Ohio, Illinois, Indiana, Missouri and Iowa confirms a significant yield boost from Roundup Ready 2 Yield (RR2Y) soybeans compared to first-generation Roundup Ready (RR) technology, says Palle Pedersen, an Iowa State University Extension soybean agronomist who compiled the data from several cooperating land-grant university researchers.

“We looked at 24 environments over those two years,” says Pedersen. “In 2007 at 10 locations, we saw a nine-fold increase in genetic gain (about a 3.2-bu./acre average yield increase) from the RR2Y soybean. In 2008, we saw a four-fold increase in genetic gain (about 1.5 bu./acre) at 14 locations. However, a lot of last year’s research plots got hammered by rain, hail and disease so that we had low stand counts at many locations and we lost the crop at two locations to flooding.”

Soybean yields have only been increasing about 1/3 bu./year in the U.S. since 1924, points out Pedersen. Yet, in a year like 2007, the yield gain from the RR2Y technology was nine times the average annual increase.

“We compared two near-isogenic lines that are almost genetically the same, except that one was RR2Y and one was RR,” explains Pedersen. “Our data indicate that the increase in yield from RR2Y results from an increase in the total amount of seed produced per area and not from an increase in seed size.”

Monsanto study results show that the increase in yield is coming from more seeds,” agrees Greg Elmore, Monsanto’s soybean trait manager. “There are 2.3 more three-bean pods/plant and 4.7 more seeds/plant with RR2Y than RR. At about 150,000 plants/acre, that comes out to about a 4-bu./acre boost in yields.”

The increase in yields is due to the location of the RR2Y gene in the soybean DNA. “For RR2Y, we used an Agro bacterium transformation system that splices the DNA and inserts the gene into the plant in a much less disruptive and cleaner way than the gene gun,” says Elmore.

The old technology used to insert the RR resistance gene into soybean DNA is the partial bombardment method, or what is commonly called the gene gun. “That method still works, but it is not a very efficient technique,” says Elmore. “With the Agro bacterium, we can create many more events to choose from than we could with the gene gun.”

However, the Agro bacterium technique itself is not what delivers the yield boost, he emphasizes. It’s the location of where the gene lands that is critical for high yields.

“First we created a map of soybean DNA that shows spots that are connected to high yields,” explains Elmore. “Next, we created a whole lot of genetic events using Agro bacterium and the RR2Y trait. We examined the events that we created to see if the gene landed in a high-yielding region of the DNA. Then we selected a genetic event where the gene landed in a high-yielding region to use for commercialization.”

Monsanto is currently using the Agro bacterium methodology in its dicamba-tolerant and intrinsic yield trait seeds that should be ready to commercialize in the next decade, says Elmore. This year, Monsanto will have RR2Y varieties available in maturity groups II and III for its initial commercial release.

“The bulk of the seed will be marketed in Nebraska, Iowa, Illinois, Indiana and Ohio,” says Elmore. “We estimate that we’ll have about 1.5 million acres of seed available for sale in 2009 and 5-6 million acres by 2010.”

For more information about RR2Y technology, click here: www.monsanto.com/rr2y/. To read more stories about soybean management and production, click here: cornandsoybeandigest.com/soybeans/.

By John Pocock

Bean Briefs
Signup Starts For Secure Optimal Yield (SOY) Challenge
The American Soybean Association and BASF Corporation are inviting U.S. soybean producers to sign up for the 2009 Secure Optimal Yield (SOY) Challenge. In pursuit of greater profitability, nearly 300 growers in 25 states took part in the 2008 SOY program, and many more utilized the methods and products described in the program to conduct their own “unofficial” field trials.

The SOY program provides an opportunity for growers to use enhanced crop-management technology and techniques to maximize yield and profitability in soybeans. In addition to the one post application of glyphosate routinely used on Roundup Ready soybeans, SOY program test acres are to be treated with a burndown application that includes a BASF residual herbicide plus one application of Headline fungicide at the R2-R3 growth stage.

“ASA is partnering with BASF on the SOY program because part of our mission is to help identify new ways for ASA members to maximize soybean yield and profitability,” says ASA President Johnny Dodson, a soybean producer from Halls, TN. “The crop management practices outlined in the SOY program give soybeans a better start on account of reduced weed pressure, and the use of a fungicide to boost overall plant health is consistent with our goal of providing customers with high-quality U.S. soybeans for food, feed and fuel.”

The 2009 program will again provide a free, one-year ASA membership (new or renewal) for all growers who sign up to participate in the field trials. The growers who enroll, participate in three online training modules and submit field trial results will also receive a $200 Cabela's gift card. And on top of that, growers who take just a bit more time to submit a “success story” about their experience with the SOY Challenge will be eligible to win prizes that include a 2010 Dodge truck, $2,000 cash and trips to the 2010 Commodity Classic in Anaheim.

For more information on the 2009 SOY Challenge, click here: www.soygrowers.com/newsroom.

Source: American Soybean Association
South American Soy Harvest Pressure Picking Up
After last week’s swoon, the soybean market may have factored in improved crop conditions in Argentina, but increasing South American harvest progress and decreasing Chinese demand for U.S. soybeans figure to be bearish market influences in coming weeks.

Estimates of Argentina’s production have likely bottomed out. Rains that fell Friday and Saturday across a large portion of Argentina’s central crop belt were enough to put crop concerns to rest for the remainder of the growing season in some areas.

The Buenos Aires Grain Exchange now pegs Argentina’s soybean crop at 42.5 million metric tons, up from a worst-case scenario forecast of 34.8-38.3 million bushels made in late January. The Exchange’s new estimate is 1.3 million tons below USDA’s most recent estimate, but 500,000 tons above the estimate from the U.S. agricultural attaché in Buenos Aires.

The stabilization of the crop in Argentina and southern Brazil suggests overall South American production estimate is not likely to fall much below USDA’s Feb. 12 estimate.
To read more about South America’s soybean production outlook, click here: cornandsoybeandigest.com/soybeans/0224-south-america-soybean-harvest/.

Source: Brock Associates
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Sign Up Now For 2009 SOY Challenge Field Trials
The 2009 Secure Optimal Yield (SOY) program presented by the American Soybean Association and BASF provides soybean growers with an opportunity to demonstrate enhanced weed and disease management techniques on their farm. Valuable incentives and prizes offered. Program details at www.SoyGrowers.com/SOY.

Corn And Soybean Basis Risk
For much of 2007 and 2008, corn and soybean basis levels in Illinois and many other producing regions were unusually weak. Problems with lack of convergence of cash and futures prices at delivery markets during periods of futures contract maturity were widespread. Currently, basis levels are quite strong in most markets and convergence appears likely as the March 2009 futures contracts mature.

On Feb. 20, 2008, the average spot cash price of corn at interior country elevators in central Illinois was $0.265 under March 2008 futures. On Feb. 20, 2009, the average spot cash price in those same markets was reported at $0.11 under March 2009 futures, a level that was typical for this time of year prior to 2007. Similarly, the average spot basis at Illinois River locations north of Peoria was reported at -$0.29 on Feb. 20, 2008 and +$0.01 on Feb. 20, 2009. Basis at central-Illinois processing plants was reported at -$0.10 and +$0.07 on those two dates, respectively.

The year-over-year change in the soybean basis has been even more dramatic. The average central-Illinois spot basis at interior country elevators was -$0.58 on Feb. 20, 2008 and -$0.09 on Feb. 20, 2009. The average basis at Illinois River points north of Peoria was -$0.48 and +$0.09 on those two dates, respectively. Finally, the average central-Illinois processor basis was -$0.42 on Feb. 20 last year and +$0.15 on Feb. 20 this year.

A number of factors may be contributing to the much stronger corn and soybean basis levels this year compared to last year. Lower price levels reduce the cost of owning and storing crops and lower fuel prices reduce the cost of transportation. A rapid pace of soybean exports and generally tight holding of both corn and soybeans by producers as prices have declined may also contribute to the strong basis. Improved operating margins for grain merchandisers, as the financial pressure of buying and storing high-priced crops and meeting margin calls on short hedge positions has subsided, may be another contributing factor.

To read more about basis levels for corn and soybeans for 2009, click here: www.farmdoc.uiuc.edu/marketing.

Source: University of Illinois Extension
Merrigan Nominated For USDA Deputy Secretary
Kathleen A. Merrigan is President Obama’s nominee for deputy secretary of the Department of Agriculture. Obama, speaking of Merrigan and other nominees, said, “I am grateful that these distinguished men and women have chosen to put their unique talents and expertise to work serving our country. Together, I am confident that we will be able to tackle the challenges of our time as we work to right our economy and enact policies that give America’s working families the relief they need.”

The National Sustainable Agriculture Coalition (NSAC) praised the selection of Merrigan. “The farmers and rural constituents of our grassroots member organizations are excited to have a lifelong supporter of family farmers and sustainable and organic agriculture working with the (Obama) administration to reform U.S. food and agriculture policy,” said the coalition in a statement to the press.

“NSAC will strongly encourage the U.S. Senate to confirm Merrigan as quickly as possible and looks forward to working with her and Secretary Vilsack on the pressing farm, food, fuel and rural issues of the day.”

Merrigan is an assistant professor and director of the Agriculture, Food and Environment graduate school programs at the Friedman School of Nutrition Science and Policy at Tufts University in Boston.

Prior to joining the Friedman School, Merrigan held a variety of policymaking jobs at the state, federal and international level. To read more about Merrigan, click here: deltafarmpress.com/legislative/merrigan-usda-0224/. To read more about the NCAC, click here: sustainableagriculture.net/.

Source: Delta Farm Press
Audit Shows Soybean Checkoff A Sound Investment
Farmer-leaders of the United Soybean Board (USB) and the soybean checkoff met last week to set funding priorities for the 2010 fiscal year. USB directors from across the nation reviewed soybean checkoff programs, discussed strategic approaches for 2010 checkoff programs and set funding levels to protect soybean farmers’ investments well into the future.

An early highlight of the meeting was the unveiling of the 2008 annual audit results. This audit gave the checkoff a clean bill of health on USB financial records for the 2008 fiscal year, which ended Sept. 30, 2008. The independent audit’s objective is to test the financial records of the board to determine if the financial position and activities of the board are fairly presented. Such annual audits of the board have been done since USB’s inception.

“The outstanding audit results reflect the seriousness with which our dedicated volunteer checkoff farmer-leaders take their responsibilities,” says Chuck Myers, USB chairman and a soybean farmer from Lyons, NE. “The entire board takes great pride in these results and remains committed to spending farmer invested checkoff dollars in the wisest manner possible.”

Another highlight of the meeting included Dr. Gary Williams of the Texas Agribusiness Market Research Center at Texas A&M University presenting the results of USB’s return-on-investment study that is performed every five years. The independent study showed the soybean checkoff program returns $6.40 in additional profit to U.S. soybean farmers for every checkoff dollar invested.

To read more about the soybean checkoff, click here: www.unitedsoybean.org/pressroom.

Source: United Soybean Board
Crop Insurance Decisions
During the next couple weeks, many farm operators will be finalizing their crop insurance decisions for the 2009 crop year. March 15 is the deadline to purchase crop insurance for the 2009 planting season. Producers need to analyze how crop insurance fits into their risk management and grain marketing strategies for the coming year, particularly the biotech yield endorsement (BYE) crop insurance option and insurance coverage under enterprise units.

The USDA Risk Management Agency (RMA) has announced that the BYE corn crop insurance policies will be available to producers in Minnesota, Iowa and other corn-producing states on more biotech corn hybrids for the 2009 growing season. The BYE endorsement will provide a crop insurance premium discount of approximately 12-15% to corn producers who plant eligible biotech corn hybrids in 2009. Corn producers with an APH, RA or CRC crop insurance policy for 2009 can qualify for BYE, provided that a minimum of 75% of the corn acreage on a given farm unit is planted to one of the qualifying corn hybrids. Growers who use BYE must comply with Environmental Protection Agency (EPA) refuge acre requirements for the biotech corn hybrids. Growers who are interested in BYE for their 2009 corn crop insurance should contact their crop insurance agent for more details.

The USDA RMA has increased the federal subsidy for purchasing APH, CRC or RA insurance coverage under enterprise units, which combines all acres of a crop in a given county into one crop insurance unit. Many producers now use optional units, which allow them to insure crops separately in each township section. There are some substantial premium savings by switching from optional units to enterprise units. However, producers need to be aware of the limitations of insurance coverage with enterprise units. Producers should contact their crop insurance agent to better understand insurance coverage with enterprise units.

Other than BYE and enterprise units, there are very few other changes in the various types of crop insurance policies for 2009, as compared to last year. To learn more, click here: cornandsoybeandigest.com/ag-issues/0224-crop-insurance-deadline/.

By Kent Thiesse
Best Soybean Seeding Rates
Selecting the appropriate seeding rate for a soybean production system can affect optimal yield potential, economical net returns, as well as some negative factors including potential for lodging.

Choosing the optimal seeding rate for a given production system should be based on several factors: desired plant population, soil type, planting date and maturity group.

Other factors that affect optimal seeding rates include roughness of soil, type of planter or drill, percent germination of seed and in some cases seed vigor.

To view the main criteria and/or situations that can be used to help in selecting an optimal seeding rate, click here: deltafarmpress.com/soybeans/seeding-rates-0225/.

By Trey Koger, Mississippi State University, Extension Soybean Specialist
Soybean Green Stem Disorder Still A Mystery
There's a soybean disorder – makes fuel go vamoose. Why Green Stem's a bit like Grinch from Doc Seuss! Ripe pods on green stems in the combining season? Now, please don't ask why. We don’t know the reason. It could be the weather or bugs or a blight. It could be, perhaps, the variety's not right. They'll clog up your combine, slow work to a crawl. Your patience, you'll find, is two sizes too small.

Green stem is a mysterious malady that causes soybean stems to stay green and moist after the pods and seeds are fully ripe. It doesn't happen every season, but when it does, “it's a real aggravation,” says John Hill, Iowa State University plant pathologist. It slows down the combine, eats up diesel fuel and sorely tries your patience, turning harvest into a “grinchly” grind.

To read more about green stem disorder, click here: cornandsoybeandigest.com/soybeans/green-stem-mystery-0201/.

By Liz Morrison
Upper Southeast Soybean Acreage To Increase
Soybean acreage across the upper Southeast is likely to have a modest increase in the 2009 season as farmers continue to try and figure out the fine balance between production costs and expected commodity prices for the upcoming growing season.

In North Carolina, the largest soybean-producing state in the Southeast, growers battled drought conditions much of last year, but still harvested a record crop.

“The 2008 North Carolina soybean crop was the highest production on record, according to UDSA NASS statistics, at more than 55 million bushels and surpassed the old mark of 52.5 million bushels achieved in 1982,” says Charles Hall, executive director of the North Carolina Soybean Growers Association.

“The 2008 crop was also a benchmark year for production dollar-wise, because we saw the value of soybean production exceed $500 million,” adds Hall. “We averaged 33 bu. to the acre – near the record state average yield of 34 bu./acre set in 2004.”

To read more about soybean production in the southeast, click here: southeastfarmpress.com/soybeans/soybean-production-0225/.

By Roy Roberson, Farm Press Editorial Staff

Off The Stem
Take Part In Corn & Soybean Digest Poll
Please cast your ballot in the latest Corn & Soybean Digest (CSD) quick poll. The most recently posted question is: What's your biggest concern as you enter the 2009 planting season?

Cast your vote 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.)

Check Out New Corn Weed Control Guide
Want a fast breakdown of which herbicides will control or suppress your problem weeds? Then visit Corn & Soybean Digest’s interactive 2009 Corn Weed Control Guide. It can formulate your weed control program with a few clicks of your mouse.

Just visit www.cornweedcontrol.com. From there, you’ll be able to click on your most troublesome weeds and within seconds have a breakdown of preplant, pre-emerge and postemerge herbicide offerings. Plus, there’s an easy-to-follow weed control identification guide.

So don’t wait, check out www.cornweedcontrol.com now. This year’s guide is sponsored by DuPont.

Source: Corn & Soybean Digest

Soy Pod Extra
Commodity Classic To Welcome Secretary Vilsack
Illinois Soybean Association members head to Grapevine, TX, this week for the annual Commodity Classic. Members from four commodity groups (soybeans, corn, wheat and sorghum) gather each year to discuss current industry issues and set policies for the next year. Secretary of Agriculture Tom Vilsack will speak during the general session on Friday, Feb. 27. For more information about the events happening at Commodity Classic, visit www.commodityclassic.com. For more information about ISA, click here: www.ilsoy.org/index.php.

Source: Illinois Soybean Association

Note From The Editor
Correction To Six-Ft. Soybean Story
In the Feb. 12, 2009 issue of the Soybean E-Digest, I wrote a story about a soybean grower from Nebraska who grew beans more than 6 ft. tall and yielded 89-bu./acre yield. As soon as the story was sent out, I heard back from several readers that the nutrient analysis cited in the story for the poultry litter used on that field seemed excessive.

It turns out that I made an error when writing the story. The correct nutrient analysis should have given in lbs./acre, not lbs./ton. I have since made the correction and the revised, corrected article is now posted online at: enews.penton.com/enews.

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. 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. 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!


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