Soybean Association Responds to USDA Crop Report

Crop News

Discussion

October 12, 2011

Soybean Association Responds to USDA Crop Report

Anonymous The Chronicle The Zope Gazette Wed Oct 12, 2011, 03:36 PM CDT

Ankeny — October 12, 2011

According to today’s United States Department of Agriculture (USDA) crop report, soybean production is forecast at 3.06 billion bushels, down 1 percent from the September estimate of 3.09 billion bushels and down 8 percent from last year. The average soybean yield for the United States is now estimated at 41.5 bushels per acre, down from the 41.8 bushels per acre predicted last month.

For Iowa, production is estimated at 467.6 million bushels, compared to 464.6 million bushels forecast in September. Iowa yield estimates are for an average of 50.5 bushels per acre, down from the September prediction of 51 bushels per acre.

USDA estimates for corn production are for a total of 12.4 billion bushels, down 1 percent from the September estimate of 12.5 billion bushels and down slightly from 2010. U.S. average corn yield is estimated at 148.1 bushels per acre, unchanged from the September forecast.

For Iowa, total corn production is estimated at 2.3 billion bushels, unchanged from the September report. Iowa’s average expected yield is estimated at 169 bushels per acres, compared to the September estimate of 167 bushels per acre.

Regarding the slightly lower soybean yield estimate, ISA President Dean Coleman, a soybean farmer from Humboldt, says, “As one Iowa producer, I saw better than expected yields in early varieties, but lower than expected yields in later varieties, possibly due to the early frost, but also because of the rapid dry down.”

While the USDA estimates a slight increase in soybean world ending stocks, ISA Director of Market Development Grant Kimberley says, “We expect demand for soybeans will pick up at the lower prices we’ve seen recently. Some experts continue to write off China’s demand growth, but after visiting China for the past four years, we have seen that demand is not going away. There may be an ebb and flow through the year, but in the end, we will still see continued increases in demand for corn and soybeans as their livestock industry grows and their growing population has a growing appetite for meat.”

Text Only

Crop News

NORTHEY COMMENTS ON IOWA CROPS - October 11
“The dry weather last week helped crops continue to dry down and allowed nearly half of the state’s soybeans to be harvested. Unfortunately, fire does remain a risk as the dry weather persists, so farmers should continue to take extra care while working in their fields,” Northey said. “Harvest remains slightly ahead of the five-year average and will likely continue to advance rapidly if conditions remain dry.”

October 12, 2011
Producers are Encouraged to Monitor Grain this Fall
As harvest begins around the state, farmers are encouraged to be aware of the potential for development of molds and fungus in corn. Recent warnings by Iowa State University (ISU) Extension and Outreach’s Integrated Crop Management (ICM) staff about hail-damaged corn in northwest Iowa help draw attention to the issue, according to ISU Extension swine program specialist Matt Swantek.

October 12, 2011
Soybean Association Responds to USDA Crop Report
According to today’s United States Department of Agriculture (USDA) crop report, soybean production is forecast at 3.06 billion bushels, down 1 percent from the September estimate of 3.09 billion bushels and down 8 percent from last year. The average soybean yield for the United States is now estimated at 41.5 bushels per acre, down from the 41.8 bushels per acre predicted last month.

For Iowa, production is estimated at 467.6 million bushels, compared to 464.6 million bushels forecast in September. Iowa yield estimates are for an average of 50.5 bushels per acre, down from the September prediction of 51 bushels per acre.

October 12, 2011
Iowa Soybean Association, Taiwanese delegation sign letter of inten
On September 30, under the unmistakable gold dome of the Iowa State Capitol, members of the Taiwan Agricultural Goodwill Mission and the Iowa Soybean Association (ISA) signed a letter of intent for the Taiwanese purchase of U.S. soy products.

October 12, 2011
Iowa Soybean Association asks lawmakers’ continued support for strong U.S. agriculture
The Iowa Soybean Association (ISA) released its Farm Bill Priorities paper on Tuesday, making the point, “U.S. agriculture in general is the brightest spot in the economy.

October 12, 2011
New ISU Research: 3-Year Crop Rotation Works Best
New research at Iowa State University (ISU) indicates farmers could increase their yields even more by using a third crop in the rotation cycle.

September 19, 2011
IOWA CROPS AND WEATHER REPORT - Sept 19
“Harvest is just starting to really get underway as farmers wait for the crop to dry down and focus on harvesting fields with wind or hail damaged,” Northey said.

September 19, 2011
Iowa Soybean Association elects officers
The Iowa Soybean Association recently held its board elections at its September 8 meeting.

September 19, 2011
Dan Sneller of Bussey Wins Tool Chest from Iowa Soybean Association
September 19, 2011 1 Photo
Heat, Drought and Goss’s Wilt Can Affect Corn Yields in Iowa
Drought stress presents a much bigger potential problem than Goss’s Wilt for livestock producers... “Nitrate concentration or cyanide concentration in drought-stressed corn can be a serious threat to livestock use,” Steve Ensley said (of Iowa State University’s (ISU) Veterinary Diagnostic and Production Animal Medicine department). “Nitrate is converted to nitrite in the rumen, and nitrite converts blood hemoglobin to methemoglobin, which cannot transport oxygen to body tissues. Cyanide concentration, also known as prussic acid poisoning, works in a similar manner. In both cases, animals often die because of lack of oxygen.”

September 13, 2011 1 Photo
More Crop News Headlines

Crop News

Search Results

Discussion

Soybean Association Responds to USDA Crop Report

Site Map

Contact Us