Soybean Weekly Update

A LETTER TO THE ILLINOIS SOYBEAN COMMUNITY

The well-being of Illinois farmers is top of mind, and we are aware of how COVID-19 has stressed our economy and our local communities. As an association, we remain dedicated to serving Illinois farmers during this time. We are taking precautions to protect our employees, office visitors and the farmers we serve. We appreciate our Illinois soy family and urge everyone to take all necessary precautions to stay safe and healthy. This is a fluid situation and ISA will continue to monitor any new developments. If you have questions, please contact us at ilsoy@ilsoy.org.

THE NATIONAL AGRICULTURAL STATISTICS SERVICE ON COVID-19

The National Agricultural Statistics Service (NASS) is evaluating data collection and agency operations to produce each NASS report as COVID-19 conditions change. They are asking farmers and ranchers who have received a survey to please respond online and help deliver the statistics that agriculture counts on. The URL is on every questionnaire, agcounts.usda.gov, and you can use the survey code on the questionnaire to get started. Click here to learn more about the efforts from NASS and others during this time.

AG LETTER TO THE PRESIDENT URGES CONTINUED SUPPLY & FOOD SECURITY

A number of agriculture groups, including the American Soybean Association, sent a letter to President Trump requesting that during the ongoing COVID-19 pandemic, the administration be mindful of supply chain and workforce impacts on the ag community. The request is especially relevant as soy and other farmers approach spring planting season. The letter focused on concerns about food availability, the impact on the workforce during this time and how the agriculture industry can be set up for success to best serve consumers. Read the full letter here.

FARMDOC WEBINAR – UNIVERSITY OF ILLINIOS COLLEGE OF AGRICULTURE ON COVID-19

University of Illinois agricultural economists will host a webinar series discussing the impact of the coronavirus on agriculture in the Midwest. The webinar will feature the farmdoc team members Scott Irwin, Todd Hubbs, Gary Schnitkey, Jonathan Coppess, and Nick Paulson. The webinar series will kickoff on Friday, March 20, 2020, at 11 a.m. CT. Interested parties can register online here

NEW STUDY FINDS U.S. SOYBEAN INDUSTRY HAS $115 BILLION IMPACT ON AMERICAN ECONOMY

The National Oilseed Processors Association (NOPA), a trade association representing owners/operators of oilseed crush facilities, recently announced a new study, The Economic Impact of the U.S. Soybeans & End Products on the U.S. Economy, that examines the value of the American soybean industry. The 31-page study analyzes the soybean value chain’s impact to the U.S. economy, based on data from crop years 2014/15 to 2016/17. A copy of the full study is available under the Resources section of NOPA’s website at nopa.org.  

IL AGRICULTURE HELPS STUDENTS STAY ON TOP OF THEIR EDUCATION WITH VIRITUAL CLASSROOMS

To help students stay on top of their education, Illinois Agriculture in the Classroom will be sharing a daily online blog that includes video and lesson activities every week day for the next two weeks to supplement e-learning for those facing new and unique situations. Check it out here!

ILLINOIS FARM BUREAU PODCAST – HOW FARMERS ARE BEING AFFECTED BY COVID-19

The Illinois Farm Bureau recently put out a podcast on how farmers are being affected day-to-day during the COVID-19 crisis. In this episode you will hear from U.S. Secretary of Agriculture, Sonny Perdue, the President of the American Farm Bureau Federation, Georgia farmer Vincent “Zippy” Duvall, and Ogle County, Illinois farmer Brian Duncan, who serves as vice president of the Illinois Farm Bureau. Listen to the podcast here.

WHAT IS THE DISEASE TRIANGLE?

Every plant disease requires three factors. Todd Steinacher shares the “disease triangle” and how management practices can interact. Read Steinacher’s article, and get the latest local, in-season actionable advice on www.ILSoyAdvisor.com.

SIXTH TAKE ACTION WEBINAR SERIES CONTINBUES

This week, Take Action teamed up with two weed scientists, Kevin Bradley and Joe Ikley, for the sixth installment of their webinar series. The discussion focused on on-combine seed destruction technologies and Enlist mixing issues. The webinar series features seven episodes, register here for the final episode on Thursday March 26. For more information, please contact Jade Lorton.

U.S. SOY’S CONNECTION TO TAIWAN REMAINS STRONG

The trade relationship between the U.S. and Taiwan has grown exponentially in the past 50 years since it began, exceeding 2.2 million metric tons in the most recent marketing year. The U.S. has an 86% share of Taiwan’s soy market and a recent USSEC trade mission to Taiwan celebrated the 50th anniversary of this relationship. The U.S. team included farmers and government officials from Illinois, Indiana, Kansas, Minnesota, Missouri, North Carolina, Ohio and South Dakota. Visit here to read more about all the work being done to keep fostering this relationship.

ISA FY21 RFP PROCESS NOW OPEN

ISA has announced the FY21 RFP process. Now until April 15, you can submit a project pre-proposal for review. Ideas should help reach our vision to enable Illinois soybean producers to be the most knowledgeable, sustainable and profitable in the marketplace. Visit here to review the instructions and submit a pre-proposal for ISA today.

REMINDER: GRAIN MARKETING 101 WEBINAR – MARCH 24

Learn the steps for starting a grain marketing plan that works in the next ILSoyAdvisor Webinar on Tuesday, Mar. 24. Presenter Matt Bennett, soybean farmer from Windsor, Illinois, and grain marketing consultant for Channel Seed, will help attendees identify their farms’ individual break-even points, costs of production and typical production levels to ensure producers maximize market opportunities. Learn more and register for the webinar online.

REMINDER: ISA TO FILL EIGHT BOARD SEATS IN 2020

Illinois Soybean Association board seats representing districts 1, 5, 7, 9, 12, and 13, as well as two at-large board seats, are up for election in 2020. Paul Rasmussen (District 1), Roberta Simpson-Dolbeare, (District 12), Jenny Mennenga (At-Large), and Austin Rincker (At-Large) will all term off from the board during ISA’s July 2020 meeting in Champaign, Illinois. Mark Read (District 5), Tom Kentner (District 7), Ron Kindred (District 9), and Ed Murphy (District 13) are eligible for re-election. For more information, please contact Dustin Scott at scottd@ilsoy.org.

  • District 1: Jo Daviess, Stephenson, Winnebago, Boone, Carroll, Ogle, DeKalb, and Lee Counties
  • District 5: Knox, Peoria, Marshall, Putnam, Fulton, and Tazewell Counties
  • District 7: Ford, Iroquois, and Vermilion Counties
  • District 9: Mason, Logan, Cass, Menard, Morgan, and Sangamon Counties
  • District 12: Pike, Scott, Calhoun, Greene, Macoupin, and Jersey Counties
  • District 13: Montgomery, Bond, Fayette, and Marion Counties

ILSOYADVISOR TWEET OF THE WEEK

Coronavirus is increasing the challenge of a demand bounce as well as achieving Phase One #soybean purchase targets. Read more from @farmdocDaily  https://bit.ly/38WFfN2

See more tweets from @ILSoyAdvisor and “follow” along on Twitter.