Soybean Weekly Update

CONTINUED WET WEATHER IMPACTS TRADE

The Mississippi River has set flooding records this year. High levels on the Upper Mississippi have kept several locks closed during the spring. As that water flows downstream, a rarely used spillway will be opened just north of Baton Rouge. With water levels forecast to remain elevated through mid-June and into July, ocean-going vessels will remain under daylight transit-only restrictions between the New Orleans and Baton Rouge harbors. The created congestion, with an average 25-35 vessels waiting for space, significantly slows turnaround time for export delivery.

MUCH-NEEDED REPAIRS BEGINNING ON ILLINOIS RIVER LOCKS
The lock and dam sites along the Illinois Waterway, which provides a navigable connection between Lake Michigan and the Mississippi River, are long overdue for significant repairs. The U.S. Army Corps of Engineers will begin making those repairs this summer, starting with the Starved Rock Lock and Dam and Marseilles Lock and Dam on the Illinois River. These locks will be closed for stretches this summer, starting June 1. During partial closures from June 1 to July 3 and July 8 to August 16, these locks will be closed during the day, but operational from 6 p.m. to 6 a.m. each day with restrictions. The locks will be fully closed August 16 to 30. These closures are precursors to more extensive closures and repairs scheduled for the summer of 2020. ISA has been among the voices asking for those repairs to allow soybeans to reach markets efficiently. And, ISA has already been working with transportation partners to manage the temporary impact on shipping flow, as noted in this article.

EVALUATE CROP INSURANCE OPTIONS FOR FLOODING AND EXCESS MOISTURE
The Risk Management Agency (RMA) reminds producers who have federal crop insurance coverage and are unable to plant a crop because of flooding or excess moisture to contact their crop insurance agent to discuss available prevented planting options. Agents can discuss available options on when and how to file a claim related to prevented planting. Producers prevented from planting because of an insurable cause of loss must provide notice within 72 hours after the Final Planting Date if they do not intend or are unable to plant the insured crop within any applicable Late Planting Period. To qualify for a prevented planting payment, the affected acreage must be at least 20 acres or 20 percent of the crop acreage in the insured unit. Replant payments may also be available for land that was planted and does not have an adequate stand. Contact your insurance agent if you believe acreage should be replanted. Producers must receive written permission from the insurance company to replant, abandon or destroy a crop.

REVIEW PREVENTED PLANTING OPTIONS BEFORE JUNE DEADLINES
Many Illinois producers are weighing crop insurance options for prevented planting as the deadlines approach for corn and soybeans. Review options before corn’s June 5 and soybean’s June 15 deadlines here. Get the latest local, in-season actionable advice here.

JUNE 7 WEBINAR TO COVER PREVENTED PLANTING CONSIDERATIONS

Learn the latest on prevented planting options and how to make decisions influenced by the 2019 Market Facilitation Program and other disaster programs, June 7 at 10 a.m. Gary Schnitkey, University of Illinois ag economics professor, will examine how market movements affect decisions to take prevented planting. To learn more about the webinar and register, click here.

UNDERSTAND DELAYED PLANTING AND SOYBEAN WEED CONTROL

Producers spend all winter planning for spring, but the one thing you can’t plan for is Mother Nature. This year’s extreme weather has thrown a wrench into the best laid crop plans. Eric Ifft shares his tips for controlling weeds in soybeans after this wet spring. Read Ifft’s article here, and get the latest local, in-season actionable advice on www.ILSoyAdvisor.com.

ISA SUPPORTS STRATEGIC MEAT EXPORTS

At the U.S. Meat Export Federation (USMEF) spring conference and board meeting last week in Kansas City, ISA representatives received up-to-date information about U.S. pork and beef exports. For example, Mexico has lifted retaliatory tariffs on U.S. pork that were levied last summer in response to U.S. steel and aluminum tariffs. This could restore and boost pork exports to Mexico where the ISA checkoff program invests in product promotions through USMEF. However, African swine fever (ASF) continues to be a major concern with uncertain long-term implications for global pork supply and demand. Illinois pigs and cattle consume about 85 percent of the soybean meal fed in the state, so supporting markets for U.S. pork and beef ensures soybean demand. For more information, contact Andrew Larson.

RESERVE YOUR SEAT FOR JULY 16 ISA TECH CONNECT EVENT

With new ag technologies constantly entering the market, keeping up with advancements can overwhelm even the most knowledgeable producers. Tech Connect, a new event sponsored by the ISA checkoff program, will sort through multiple tech options and offer ways to evaluate profit potential on the farm. The event is July 16 at the iHotel and Conference Center in Champaign. See the full agenda and register here. Space is limited to the first 75 registrants.

SIGN UP FOR PREMIER AGTECH EVENT COMING TO CHICAGO
Global AgInvesting and the ISA checkoff program have partnered to bring the fifth annual AgTech Nexus USA conference to Chicago, July 22-23. This event convenes an international group of investors, agribusiness executives, agtech entrepreneurs and, for the first time, producers. The goals are to add the producer perspective to conversations around agtech, to increase focus on benefits Illinois producers can realize from new ag technologies and to showcase the great assets available to help agtech develop in Illinois – world-class industry, world-class farmland, world-class producers and, Chicago, a world-class city. Sign up today.

ISA members can use the promotion code ISA10 for significant savings.

REQUEST FOR REFERENDUM PERIOD OPEN THROUGH TOMORROW

U.S. soybean farmers may request a referendum regarding the soybean checkoff through May 31. USDA’s request for referendum occurs every five years. The official notice is available in the Federal Register. For more information, read USDA’s frequently asked questions here.

ASA ADVOCACY COMMUNICATIONS TEAM INTEREST DUE TOMORROW

The American Soybean Association (ASA) seeks participants for its Advocacy Communications Team (ACT). Soybean producers who are passionate about sharing their story and would benefit from intense communications training are encouraged to apply. ASA is particularly interested in producers who engage on social media or their own blogs. Training is sponsored by Bayer Crop Science, and will be held in Washington, D.C., Aug. 20-22. Previous ASA state and national leaders, emerging leaders and known agricultural spokespersons are ideal candidates. Please contact Amy Roady or Rachel Peabody by May 31 if interested.

FREE CEU FOR NUTRIENT MANAGEMENT IN SOIL HEALTH SYSTEM WEBINAR

Join ILSoyAdvisor on June 20 at 10 a.m. for an in-depth look at how good soil health impacts nutrient application and water quality. Presenter Doug Peterson, regional soil health specialist with NRCS, will examine the difference in nutrient cycles between healthy and non-healthy soils. One CEU in soil and water management is available to eligible Certified Crop Advisers (CCAs). To learn more about this webinar and register, click here.

SOIL HEALTH LEARNING CIRCLES SCHEDULED FOR WOMEN LANDOWNERS
American Farmland Trust and the Women Food and Agriculture Network are teaming up to bring soil health learning circles to women landowners in the Chicago area. Discussion for the events will include how to build healthy soil:

For more information on the learning circles, click here.

NRCS ANNOUNCES PRECISION CONSERVATION MANAGEMENT DEADLINES

NRCS will offer special funding for precision conservation management through the Regional Conservation Partnership Program (RCPP). Producers have two options for funding:

  • Apply for the Conservation Stewardship Program (CSP) to strengthen conservation efforts by signing up to use enhancements, new practices and management techniques. Interested producers should submit an application to local NRCS field offices by June 21.
  • Apply for the Agricultural Conservation Easement Program (ACEP) for financial and technical assistance to conserve agricultural land and wetlands. Interested producers should submit an application to their local NRCS field office by June 28.

To see if you are eligible, contact your local NRCS field office or visit www.il.nrcs.usda.gov.

WRITE-IN APPLICATIONS FOR ISA DISTRICT DIRECTOR AVAILABLE

ISA seeks applications from highly motivated and qualified candidates to fill board seats representing Districts 3, 4, 6, 8, 15 and 18. While the deadline to have your name on the ballot has passed, candidates who meet eligibility requirements may submit a Declaration of Intent to the Illinois Ag Director no later than 5 p.m., June 25, 2019, to be a write-in candidate.

John Longley (District 3), Sharon Covert, (District 4), Dale Asher (District 8) and Daryl Cates (District 15) will term off the board during ISA’s July 2019 meeting in Champaign. Jim Martin (District 6) and Rick Rubenacker (District 18) are eligible for re-election. Open districts include:

  • District 3: Henderson, Henry, Mercer, Rock Island, Stark, Warren and Whiteside
  • District 4: Bureau, Grundy, Kendall and LaSalle counties
  • District 6: Livingston, McLean and Woodford counties
  • District 8: Adams, Brown, Hancock, McDonough and Schuyler counties
  • District 15: Clinton, Madison, Monroe and St. Clair counties
  • District 18: Alexander, Franklin, Gallatin, Hamilton, Hardin, Johnson, Massac, Pope, Pulaski, Saline, Union and Williamson counties

Board members’ responsibilities entail providing generative, strategic and fiduciary oversight for the organization representing 43,000 Illinois soybean producers in state, national and international issues. Oversight includes understanding legal and ethical practices, governance and ensuring compliance with state and national soybean checkoffs. Directors are responsible for serving in the best interest of all Illinois soybean producers, loyally putting organizational interests above personal interests and acting with fidelity to advance the organization’s mission.

Eligibility to serve requires candidates be Illinois residents of legal voting age that contribute to the soybean checkoff. Candidates must also be residents within the district and maintain eligibility during their term(s). Directors may need to devote about 24 days per year, depending on level of leadership and representation needs. For more details, contact county Extension offices in the districts, Claudine Wargel at 217-219-0323,
claudine@ccwargel.com, or Dustin Scott at 309-808-3603, scottd@ilsoy.org. Elections will be held July 2.

BE INFORMED. STAY CONNECTED.

Did you know anyone can be an ISA informational member? It’s a free way to stay connected to all things associated with growing Illinois soybeans - from production practices to advocacy efforts. For more information, contact Andrew Larson.

JOIN ISG’S POLITICAL ACTION COMMITTEE AND MAKE A DIFFERENCE

Illinois soybean farmers are invited to join the Illinois Soybean Growers Political Action Committee (ISGPAC).  ISGPAC provides farmers with strong involvement in political races and a way to talk with legislators about key issues. ISGPAC helps nurture those relationships and keeps key contacts in office where they work for the industry's best interests. Visit ISGPAC.

ILSOYADVISOR TWEET OF THE WEEK

A Comprehensive Look: Should Farmers Use Prevent Plant or Plant? https://buff.ly/2XcRW1h. See more tweets from @ILSoyAdvisor and follow on Twitter.