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January 19, 2018 If you grow soybeans you are selling pounds of oil and pounds of protein, not bushels. End users buy either oil, protein or the leftover hulls. A 60-pound bushel of soybeans contains about 11 pounds of oil, 44 pounds of meal, 3.5 pounds of hulls and 1.5 pounds of moisture. While growers sell soybeans to elevators, these soybeans are ultimately bought by processors (crush plants) who sell oil, meal and hulls to buyers. Processors... |
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January 19, 2018 Managing soybeans doesn’t end with combining. If you have stored them on-farm, you need to continue to manage them. As the winter weather continues to bring colder-than-usual temperatures, growers should take the time to monitor the quality of soybeans stored on-farm. With below-freezing temperatures for an extended period, followed by warmer temperatures; storage facilities may experience condensation which can lead to grain storage... |
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January 18, 2018 Gary Schnitkey, Ph.D., explains the seven habits of financially resilient farmers. He will also discuss the importance of monitoring cash flow and assessing risk management. Key takeaways:
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January 17, 2018 What’s new? Does it pencil out? As farmers plan for next season, most compare new seed varieties, trait packages and crop protection options to their current programs. “When we look at new products, we want to see data and cost,” says Jenny Mennenga, who farms near LeRoy, Ill. “We need to understand where data come from, if advantages are significant, and if we will get back product costs in either yield or value. A yield change... |
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January 15, 2018 American Farmland Trust, USDA-NRCS, IL Department of Agriculture and other groups have announced the fifth year of Conservation Cropping Seminars. These one-day seminars will feature local agricultural producers and resource experts who will share information and personal experiences on soil health improvement options, cover crop success and nutrient management techniques. The deadline to register for these seminars is January... |
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January 13, 2018 Stephanie Porter, Arenzville, Ill., was named the 2017 CCA Soybean Master Adviser at the 2018 ILSoyAdvisor Soybean Summit in Springfield, Ill. The award, in its second year, is funded by the Illinois Soybean Association (ISA) checkoff program to recognize Certified Crop Advisers (CCAs) who excel in helping farmers improve soybean production. |