Pella Chronicle

Crop News

October 12, 2011

Soybean Association Responds to USDA Crop Report

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.”

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Crop News
  • Iowa Soybean Association offers online soybean harvest reports, photos, information

    The Iowa Soybean Association is offering a new online resource to assist you in reporting on this year’s soybean harvest and other issues concerning Iowa soybean farmers.

    The Iowa Soybean Association’s “The Soybean Brief” is updated regularly and found online at www.iasoybeans.com/whatnew/SoybeanPlantingBrief021013.pdf. You can also go directly to the ISA website (www.iasoybeans.com) and click on the link to the brief.  Coming soon, the site will feature a state map providing real-time harvest results.

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    “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.

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  • 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

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