Recent analysis suggests that soybeans have been more profitable than corn in Illinois from 2013 to 2015, and there is a reasonable chance that soybeans will be more profitable than corn in 2016 (farmdoc daily,...
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March 21, 2016 |
March 18, 2016 The U.S and world soybean situation continues to be one of surplus. The USDA's WASDE report of March 9 projected 2015-16 marketing year ending stocks of U.S. soybeans at 460 million bushels, 10 million bushels above the February projection. The projection of world ending stocks, with stocks for Argentina and Brazil adjusted... |
March 17, 2016 With a mission of gaining more yield, 250 soybean farmers converged in Effingham, Illinois on Friday, January 29, for this year’s first Soybean Summit. David Kohl, Virginia Tech and Nick Paulsen, University of Illinois anchored the day as the two keynote speakers, but attendees also got to listen and network many other experts in the soybean industry. John Pike (University of Illinois), Jason Webster (Beck’s Hybrids), Dick Lyons (Illinois... |
March 16, 2016 Recently, with the expiration of the U.S. patent of the original Roundup Ready soybean trait (RR1) in 2014 and the third party patent in 2015, many questions about saving seed have started to surface. Don’t be fooled, patent law and seed technology can be complicated. If you buy a soybean variety with the Roundup Ready 2 Yield (RR2) trait, most understand it cannot be resaved and planted. However, if you buy a soybean variety with RR1, even... |
March 15, 2016 As we approach Easter here at the end of March the wheat crop across southern Illinois looks very good on the whole. Planting right at the fly free date, mild fall temperatures and adequate soil moisture aided in the establishment of a very good stand. The milder than usual winter has also aided in producing the nice, beautiful stands we see across the region. The only issues to date have been water ponding from heavy winter rains and... |
March 15, 2016 There continues to be a lot of discussion about the likely magnitude of U.S. soybean production in 2016, with much of current focus on planted acreage. Low commodity prices, along with the 2.8 million acre reduction in winter wheat seedings and the likelihood that there will be fewer prevented plantings in 2016, create uncertainty about the likely magnitude of total acreage of spring planted crops, as well as uncertainty about the acreage of... |
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