The Southern Region October Crop Production has Corn production in the United States is forecast at 14.3 billion bushels, down 6 percent from last year. Based on conditions as of October 1, yields are expected to average 171.8 bushels per acre. Soybean production is forecast at a record high 4.43 billion bushels, up 3 percent from last year. All cotton …
Brazil Almost Out of Soybeans for Exporting
As is usually the case, Brazil produced a large soybean crop this year. The country has been exporting a lot of soybeans but has reached the point at which they don’t have many soybeans left to ship. A new report says that Brazil hit a new soybean export record in September when they shipped 4.3 million tons. A spokeswoman from …
Corn and Soybean Stocks Explored
Last week’s Grain Stocks report should reduce the ending stocks for both corn and soybeans this month. USDA’s quarterly grain stocks estimate suggests there are fewer bushels of corn and soybeans left over from last year than have been reported so far. University of Illinois Commodity Grain Markets Specialist Todd Hubbs says corn is off by 56 million bushels and …
USDA Releases Grain Stocks Estimates
Current corn storage has swelled to levels not seen since the 1980’s, according to new data released by the Department of Agriculture. USDA released its quarterly Grain Stocks report Friday. The report shows that old-crop corn stocks have reached a 30-year record at 2.2 billion bushels. That number was 32 percent higher than last year, but still below the pre-report …
Soybean Rust Spreading Across Alabama
After a few weeks of consistently wet weather, soybean rust is making its annual march from the Gulf Coast to north Alabama. Spurred on by wet leaves and strong winds, the fungal disease popped up in 33 of Alabama’s 67 counties. Alabama Extension specialist Dr. Dennis Delaney weighed in on the development and offered advice to soybean farmers across the …
Monsanto Has Big Supply of RR2E Soybeans for 2018
Monsanto says it has enough supply of Roundup Ready 2 Xtend soybeans for up to half of all U.S. soybean acres for the 2018 season. The supply doubles the planted area for Roundup Ready 2 Xtend beans from this season. Monsanto Chief Technology Officer Robb Fraley said at the Farm Progress Show Tuesday that the company has seen great demand …
United Soybean Board Announces Polly Ruhland as New CEO
After an intensive search by a farmer-led team, the United Soybean Board (USB) has named Polly Ruhland as the new chief executive officer (CEO) effective November 1, 2017. “Polly exceeded all of the attributes for what we as a board were looking for in a new CEO to lead us into the future,” says John Motter, USB chair and soybean …
USDA Forecasts Record-High Soybean Production in 2017
U.S. farmers are expected to produce a record-high soybean crop this year, according to the Crop Production report issued by the USDA’s National Agricultural Statistics Service. Up 2 percent from 2016, soybean production is forecast at 4.38 billion bushels, while corn growers are expected to decrease their production by 7 percent from last year, forecast at 14.2 billion bushels. Up 7 percent …
Perdue: No Signs Mexico Will Buy South America’s Corn, Soybeans
While in Mexico Friday, U.S. Agriculture Secretary Sonny Perdue said he has no indication that Mexico will buy corn and soybeans from Argentina and Brazil or other countries. Perdue met with counterparts in Mexico to discuss trade and told reporters following the discussion that it was understandable Mexico would make inquiries to other nations, but he sees no signs of …
SCN Resistant Soybeans are Showing Some Problems
Iowa State University nematologist Greg Tylka says soybeans with Soybean Cyst Nematode resistance are becoming less effective. He calls it an alarming trend that sets the stage for even more yield loss to SCN in the future. Farmers have effectively managed the pest for decades thanks to the built-in resistance. Just about all the SCN-resistant varieties have the same resistance …