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  January 24, 2008 A Penton Media Property Volume 3, Number 2  
TABLE OF CONTENTS
Top 3 Tips To Stop Grain Theft

Will $13 Do? Or Is There More?... I Say More!

La Niña Likely To Last Through March -- Possibly Longer

Soybean Basis Issues Persist

Ford Licenses Soy Seating To John Deere

Missouri Could Become First In U.S. To Have 5% Biodiesel Standard

Iowa Soybean Growers Choose Customer Support As Top Policy Priority

USDA Unveils First Wildlife Plans In New Conservation Practice

Safeway Announces Biodiesel Use Throughout Fleet

USDA Enrolls 1,000,000th Acre In CREP

Minnesota Conservation Tillage Conference Convenes Jan. 30-31

Study Suggests Soy Reduces Heart Attack And Stroke Incidents For Women

Publication Provides Insights From Iowa Women Landowners

Target's Archer Farms Food Brand Eliminates Added Trans Fats

Reader Responds To Soybean-Based Products List

Zero Trans Fats In Krispy Kreme Products

Soybean Seed Supply Tightens: A Note From The Soybean E-Digest Editor



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Top Bean News
Top 3 Tips To Stop Grain Theft
With soybeans, corn and wheat continuing to hover near historic high prices, the temptation to swipe someone else's harvest may be rising. Earlier this month, grain thefts were in the news as investigators tried to track down who stole tractor-trailer loads of wheat from rural elevators in western Kansas.

Grain stored on farms may be the next target for crooks who are looking for easy access to high-dollar commodities, say agricultural Extension experts. "Thieves are generally looking for a place where they can unload grain quickly and not get caught," says Joe Harner, Kansas State University Extension engineer for grain and livestock systems. "Preventing access to a grain storage facility is probably impossible, but discouraging access to your premises could really help keep thieves away."

Grain thieves are looking for swift access to bins with few deterrents, agrees Chuck Schwab, Iowa State University Extension safety specialist. "There are several layers of security that you can add, depending on how much you're willing to invest," he says. "The main thing is to make it harder for someone to just drive up, flip a switch and haul away a truckload of grain."

To deter grain thieves from targeting your bins, Schwab and Harner provide the following top 3 tips:
  1. Remove or disable grain unloading systems. "The first-tier security system is to make sure stealing grain won't be easy by taking away access to unloading equipment," says Schwab. "If you're using an auger system to unload the bin, disconnect the power source and lock it in the off position."

    The idea here is to physically deter people from being able to unload, explains Harner. "Thieves don't want anything to look conspicuous, so they're probably not going to be towing around their own unloading auger," he says. "I would lock the electrical panel and/or remove the fuses to your unloading system. If you have a PTO-driven grain handling system, then you'd either need to remove the tractor from the area or prevent the tractor from being jump-started."


  2. Illuminate your bins. "If the area is well-lit, it's easier to identify who may be there, and that's something thieves really want to avoid," says Schwab. "You can either purchase a permanent, low-cost sodium-vapor light that's on all the time, or install a motion detector that triggers a light."


  3. Add gates, alarms and/or security notification systems. "Many commercial grain bin facilities have almost a rest-stop entry that is un-gated," notes Harner. "These facilities might think about adding a gate, if not to their driveways, then to their grain pits or unloading areas. Security alarms might also be justified in rural areas where there aren't people around all the time. You could also add a heat sensor or motion-detector in these areas that alert the co-op manager or the local sheriff's department that someone is there when they shouldn't be."

    High-tech security warning systems are readily available in today's marketplace, says Schwab. "There are products that let you know if power is running on one of your remote sites, and there are products that allow you to remotely watch and monitor your sites," he says. "You can also put up a video camera, even if it's not connected to anything except a motion detector."
Most people wouldn't know how to go about stealing grain from an unfamiliar facility, however, points out Harner. "Stealing grain is not something that the common person would typically think of doing, since they would be unfamiliar with switch locations, equipment operations and slide gate openings," he says. "So, the thief will probably be someone very familiar with grain handling equipment and procedures."

Grain buyers should also be alert to take responsibility and report suspicious grain sales, says Harner. "Know your customers," he advises. "If someone you don't know shows up one day with 1,000 bu. of grain to unload and demands cash, then that's probably something you should report to authorities."

By John Pocock
Will $13 Do? Or Is There More?... I Say More!
USDA dropped soybean yields by 0.1 bu. to 41.2 bu./acre in the final 2007 yield estimate. This reduced the size of the crop and ending stocks by about 10 million bushels. Ending stocks were reduced from 185 million bushels to just 175 million. This represents only a 21-day inventory at the end of August 2008 and means stocks simply cannot get much tighter. The key point is that prospects are growing for potential food emergencies in 2008 due to severe domestic shortages of basic food crops.

To continue reading this article about the 2008 outlook for soybean supplies and prices, click here: www.agecon.purdue.edu/extension/prices.

By Chris Hurt, Purdue University
La Niña Likely To Last Through March -- Possibly Longer
Cool waters in the equatorial Pacific are likely to stay until April, signaling a continuation of the current La Niña weather pattern, according to the most recent National Oceanic and Atmospheric Administration (NOAA) announcement. In the past, a strong La Niña weather event that extends into summer has been associated with droughts in corn- and soybean-growing regions in the U.S.

"During a La Niña event that lasts into summer, there tends to be less precipitation in the heart of the U.S. Midwest Corn and Soybean Belt," says Drew Lerner, World Weather, Inc., owner and meteorologist. "During summer, soil moisture conditions naturally dry down, but in a La Niña year, precipitation in late spring and early summer is quite a bit reduced and crop areas tend to dry out faster than in non-La Niña years."

Although the recent NOAA announcement about La Niña is useful for other weather forecasting purposes, its significance for predicting U.S. corn and soybean production during 2008 is still inconclusive, says Lerner. "The NOAA report only goes out to April," he explains. "It's more important to know what will happen with La Niña in May, June and July, and what I've been telling people is that this La Niña event will likely last at least through June."

A prediction for La Niña to last into summer is also a prediction that hot, dry weather may dominate in corn and soybean growing areas, starting in the West and gradually spreading east. "My expectation is that the odds are pretty good we'll have dryness in the western Corn Belt and the Great Plains this summer," says Lerner. "Yet, with today's corn hybrids, a little bit of moisture stress doesn't always cause significant yield loss. At this point, I anticipate no widespread, serious yield loss across the Midwest, but some reduction is possible if La Niña prevails as anticipated."

Although recent rains have helped corn and soybean crops in South America, a continuation of La Niña is likely to bring hotter, drier weather to some corn- and soybean-producing areas in that region, as well. "The situation in Argentina doesn't seem as extreme as it was several weeks ago, but I don't think they're done with dry weather," says Lerner. "Soybeans in Argentina will be in their reproductive stages in February and March, and a return to dry and hot conditions could still have a negative impact on production."

The current La Niña weather pattern has not created enough dryness to cause significant production problems for soybeans in Brazil up to this point, adds Lerner. However, soybeans in the state of Rio Grand do Sol "will probably get hooked up with dryness in Argentina during February, which could cause yield reductions there, as well."

For more weather information from World Weather Inc., click here: www.worldweather.cc/. For more information on La Niña from NOAA, click here: www.cpc.ncep.noaa.gov/products.

By John Pocock
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Bean Briefs
Soybean Basis Issues Persist
Producers who want to forward price the 2009 or 2010 soybean crops may have to sell futures directly, says Darrel Good, a University of Illinois Extension marketing specialist.

"High prices for these crops entice producers to do some forward pricing, while the weak basis and margin risk of hedging discourage forward pricing," says Good.

Some grain buyers have taken steps to limit futures margin exposure by limiting new hedged-to-arrive (HTA) contracts for producers to the current marketing year and by not offering flat-price bids beyond the 2008-2009 marketing year, notes Good. Reduced availability of HTAs and flat-price contracts transfer some of the margin risk of forward pricing to the producer.

The sharp run-up in soybean cash and futures prices since the 2007 crop harvest has at least partially diverted attention from an underlying issue of extremely weak basis, Good observes. While basis levels have strengthened marginally, since harvest they remain very weak by historic standards.

To continue reading this article about weak soybean basis prices, click here: www.farmdoc.uiuc.edu/marketing/weekly.

Source: University of Illinois Extension
Ford Licenses Soy Seating To John Deere
Ford has licensed Deere & Company and Sears Manufacturing Company to further develop Ford's soy-based flexible seat foam for John Deere farming equipment and other applications.

The 2008 Ford Mustang debuted the auto industry's first soy-based seat foam, replacing petroleum-based foam. The eco-friendly technology is now featured in the 2008 Ford F-150, Expedition and Lincoln Navigator and will be in the 2009 Ford Escape. Ford has a rich history in incorporating soy-based materials into products that dates back to the Model T.

Environmental advantages of soy foam include: reduction of carbon dioxide emissions, lower energy to produce, up to 24% renewable content and less dependency on volatile energy markets.

For more information about the soy-based seat foam for John Deere farming equipment, click here: www.unitedsoybean.org/Media/PressReleases.aspx.

Source: United Soybean Board
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Missouri Could Become First In U.S. To Have 5% Biodiesel Standard
Missouri Gov. Matt Blunt recently announced his support for a statewide 5% biodiesel (B5) standard in his State of the State address to the Missouri General Assembly. The biodiesel standard would provide that all diesel fuel sold in the state of Missouri shall contain a 5% blend of biodiesel when it is the same price or less than conventional diesel fuel. In addition to his support of the historic B5 standard, Blunt has provided support for the state's farmer-owned biodiesel industry by fully funding the Missouri Biodiesel Producer Incentive Fund every year he has been in office.

Biodiesel production in Missouri is expected to reach at least 125 million gallons in 2008, easily surpassing the 60-million-gallon market that would be created by a 5% biodiesel mandate. Missouri has the opportunity to become the first state in the nation to pass and enact a B-5 standard. It can also be the fifth state to pass a biodiesel standard and the second state to implement one. Minnesota currently has a 2% biodiesel standard in effect. Louisiana, Oregon and Washington have also passed 2% biodiesel standards, but these policies will not take effect until certain in-state production targets are met.

For more information on outlook for expanded biodiesel use in Missouri, click here: www.mosoy.org/news/releases/2008.

Source: Missouri Soybean Association
Iowa Soybean Growers Choose Customer Support As Top Policy Priority
Supporting Iowa's livestock and poultry producers is considered the single most important policy priority of the Iowa Soybean Association (ISA) for the 2008 state legislative session, as determined by the association's directors at their January board meeting.

ISA directors chose pursuit of strong agricultural research programs focused primarily on increasing soybean yield as their No. 2 legislative priority. This was followed very closely by support for environmental management and water quality efforts led by farmers.

John Heisdorffer, Keota, ISA president-elect and chair of the association's public affairs committee, says these three top priorities are interconnected. "Livestock and poultry producers are the top users of Iowa-grown soybean meal," he says. "Research to increase yield makes supplies more plentiful for livestock feed and wider variety of other uses, as well. When soybean growers support research to develop specialized practices for odor control and better ways to store, handle and apply manure for crop production, they help maintain the health of the livestock industry and address environmental issues at the same time."

For more information about ISA's policy priorities, click here: www.iasoybeans.com/whatnew/isa011508.html.

Source: Iowa Soybean Association
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November winner: John Grandin of Williamsburg, Iowa
December winner: Lucian Moore, Hiawatha, KS

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USDA Unveils First Wildlife Plans In New Conservation Practice
Acting Agriculture Secretary Chuck Conner announced on Jan. 19, 2008, that USDA has approved conservation projects on more than a quarter-million acres in 18 states under a new partnership within the Conservation Reserve Program (CRP).

Conner made the announcement during a news conference at Pheasants Forever's "Pheasant Fest" exhibition being held at the Saint Paul River Centre in St. Paul, MN.

The projects unveiled on the 19th are the first to be approved under a new CRP practice called SAFE, which stands for State Acres For Wildlife Enhancement. To learn more about USDA's SAFE program, click here: www.usda.gov/wps/portal/!ut/p/_s.7_0_A/7_0_1OB?contentidonly=true&contentid=2008/01/0016.xml.

Source: USDA
Safeway Announces Biodiesel Use Throughout Fleet
One of the nation's largest food and drug retailers is fueling its entire U.S. truck fleet with cleaner-burning biodiesel. Safeway, Inc. made the announcement last week as part of the company's Greenhouse Gas Reduction Initiative. The company will use B20, a blend of 20% biodiesel and 80% diesel, in its fleet of more than 1,000 trucks.

"Safeway is proud to lead by example to help protect the environment," says Chairman, President and CEO Steve Burd. "Using biodiesel to power our transportation fleet will prevent millions of pounds of carbon emissions from being released into the environment. Our biodiesel program is just one of many initiatives underway that will make a positive impact on the environment."

For more information about Safeway's use of B20 blends, click here: nbb.grassroots.com/08Releases/Safeway/.

Source: National Biodiesel Board
USDA Enrolls 1,000,000th Acre In CREP
Acting Agriculture Secretary Chuck Conner announced last week that USDA has enrolled the 1,000,000th acre in its nationwide Conservation Reserve Enhancement Program (CREP). The 1,000,000th acre is in Minnesota; the first CREP acre was enrolled in Maryland in 1997.

To read more about CREP's expansion in the U.S., click here: www.usda.gov/wps/portal/!ut/p/_s.7_0_A/7_0_1OB?contentidonly=true&contentid=2008/01/0014.xml.

Source: USDA
Minnesota Conservation Tillage Conference Convenes Jan. 30-31
University of Minnesota Extension will host the fourth annual Conservation Tillage Conference Jan. 30-31, 2008, at Jackpot Junction, 39375 County Hwy. 24, Morton, MN.

"A Systems Approach" will be the theme of this year's conference, which is cosponsored by the Corn & Soybean Digest. The program is designed to help experienced producers ramp up their conservation skills by learning about new technologies, while also reducing production costs and meeting government program guidelines. Participants will take home hands-on knowledge in nearly every aspect of conservation tillage.

The registration fee is $125/person, which includes continuing education units (CEUs). The three breakout tracks scheduled are: Nutrients From All Sources; Tillage Effects Below The Surface; and Fine Tuning Your Agronomics.

In addition to university research-based presentations, a panel of experienced conservation tillage farmers will provide management tips and answer questions. The conference will also include a trade show. The conference runs from 9 a.m. to 4:30 p.m. Jan. 30, and from 8 a.m. to noon Jan. 31.

More information, including schedules, maps, contacts and exhibitor registration, is available at www.TillageConference.com.

Source: University of Minnesota Extension

Off The Stem
Study Suggests Soy Reduces Heart Attack And Stroke Incidents For Women
Encompassing both heart attacks and strokes, cardiovascular disease (CVD) causes nearly 2,400 deaths each day in the U.S., an average of one death every 37 seconds. With women of the baby boomer generation comprising 25% of the total U.S. female population, there's more reason than ever to increase CVD prevention efforts to keep women's hearts strong as part of healthy aging. Meanwhile, soy attracts attention from the research community for this very reason.

Circulation, a journal of the American Heart Association, published a recent study from the Japan Public Health Center that found the intake of soybeans and soy isoflavones decreased risk of heart attack and stroke among women. Isoflavones, often referred to as phytoestrogens, are naturally occurring compounds in soy that share some properties in common with the hormone estrogen. The benefits for postmenopausal women were especially pronounced.

The research team at the Japanese Health, Labor and Welfare Ministry conducted its research over the course of 13 years, on more than 40,000 Japanese individuals aged 40 to 59. The study, which began in 1990, first estimated the intake of isoflavones based on a participant's consumption of soybeans and miso soup -- separating the subjects into five sub-groups according the amount of isoflavones they consumed.

With the five groups segmented, the team found that women in the group who consumed the most soy isoflavones were 39% less likely to report having a stroke or heart attack compared to women consuming the least amount of isoflavones. A similar comparison among postmenopausal women found that risk of stroke and heart attack was reduced by 75%.

For more information on the health benefits of soy and simple recipe suggestions to help add soy to your diet, please visit www.soyconnection.com.

Source: United Soybean Board
Publication Provides Insights From Iowa Women Landowners
Women farmland owners have the potential to transform Iowa's landscape and farm communities in significant and positive ways, given that women own or co-own nearly half of Iowa's farmland and own or co-own more than half of Iowa's leased agricultural land. This -- coupled with research results from the Women, Land and Legacy (WLL) listening sessions that show women are deeply committed to healthy farmland, farm families and farm communities -- has great implications for the state of Iowa.

The USDA Farm Service Agency and the Natural Resources Conservation Service (NRCS) in Iowa, in cooperation with the North Central Regional Center for Rural Development, announce the availability of the publication Women, Land And Legacy: Results From The Listening Sessions. Farm service providers in both the public and private sector have an opportunity to use these results to incorporate women's unique perspectives into farm-management programs and services and thus more effectively serve the needs and enhance the strengths of women landowners.

According to Richard Van Klaveren, Iowa state conservationist for the NRCS, the publication includes input from more than 800 Iowa agricultural women. "These women have shared their thoughts regarding their relationship to the land, their dreams and visions for Iowa's land, resources that have been helpful to them and what resources and actions are needed locally to assist them in making sound decisions based on their values for their land, their families and their communities," says Van Klaveren.

For a complete analysis and discussion of lessons learned from women attending the WLL listening sessions, access the full report online at: www.ncrcrd.iastate.edu/wll.html. More information about the WLL project can be found at www.womenlandandlegacy.org.

Source: Iowa State University Extension
Target's Archer Farms Food Brand Eliminates Added Trans Fats
Target announced last week that every product in its premium owned food brand, Archer Farms, contains zero grams of added trans fat. Available exclusively at Target and SuperTarget stores across the country, Archer Farms is the first national proprietary food brand to eliminate added trans fats from its entire product portfolio, based on the Food and Drug Administration's definition of zero grams added trans fat. The Archer Farms collection features more than 2,000 products made from ingredients that have all been formulated without adding unhealthy trans fats.

For more information on Target's decision to remove trans fats from its Archer Farms brand foods, click here: news.target.com/phoenix.zhtml?c=196187&p=irol-newsArticle&ID=1095918.

Source: Target Corporation
Reader Responds To Soybean-Based Products List
Responding to a recent issue of the Soybean E-Digest, Richard Bernard, a professor emeritus in crop sciences at the University of Illinois, Champaign, recommends consumers add green soybeans to their diet to improve health.

"Your recent request for suggestions for your e-mail newsletter was listed immediately following an article about the health benefits of eating soybeans, which listed many soybean food products available to the consumer," writes Bernard. "As so often happens in reports like this, they omitted the easiest, best tasting, most digestible soybean 'product' out there, namely fresh (or frozen) green soybeans (edamame). They are easily available in soybean-growing areas. Although still somewhat rare in stores other than oriental groceries, all one need do is to go out in your soybean field (or that of a farmer friend) when the soybeans are fully formed but still fully green and pick the pods, boil them for about 5 minutes, and eat the easily squeezed-out seeds or freeze them for later (year-round) use."

He adds that "special, large-seeded varieties are available for this purpose, but the regular field varieties are quite good, also," notes Bernard. "Among the many benefits of green soybeans are no trans fats (the unsaturated fats cause no rancidity problems in edamame and are good for you nutritionally), no complex carbohydrates to cause gas, better taste than the ripe ones and ease of preparation."

Here in the "Soybean Belt" there should be more soybean eating, recommends Bernard. "Most people like them after they have properly tried the green ones," he writes. "Try them!"

By John Pocock
Zero Trans Fats In Krispy Kreme Products
Krispy Kreme Doughnuts, Inc., announced on Jan. 7, 2008, that all Krispy Kreme products sold in the U.S. have zero grams trans fat.

"Krispy Kreme's research and development team has worked diligently for quite some time to offer zero grams trans fat products that deliver the one-of-a-kind Krispy Kreme taste that people have loved for generations," says Stan Parker, Krispy Kreme's senior vice president of marketing. "We've been piloting zero grams trans fat products across the country for the past several months and have received an overwhelmingly positive response."

Through the Friends of Krispy Kreme program, an online group of Krispy Kreme fans who receive special Krispy Kreme promotional offers and provide feedback on new Krispy Kreme products, the company knew that reducing trans fat from daily diets had been on their customers' minds.

For more information about Krispy Kreme Donuts, click here: www.krispykreme.com/faq.html.

Source: Krispy Kreme Doughnuts, Inc.

Soy Pod Extra
Soybean Seed Supply Tightens: A Note From The Soybean E-Digest Editor
I've been hearing reports that some soybean farmers are now having trouble purchasing either their first or second choice for soybean varieties that they would have liked to plant in 2008, but can't order due to inadequate seed supplies. However, I'm not sure how widespread the problem may be, or if it's actually much of a problem at all.

If you've had difficulty locking in your first or second choice for soybean seed purchases this year, please write to me (John Pocock) at: jpocock@csdigest.com. Just let me know who you are, where you farm and what seed you tried to purchase, but couldn't. I plan to share whatever I find out in a future issue of the Soybean E-Digest.

As always, if you have any thoughts on what you like or dislike about this issue or have ideas on what you'd like to see more of in future issues, please feel free to let me know. I hope to hear from you soon.

Thanks for your readership.


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