Soybean Weekly Update

Scheduling note: In observance of Thanksgiving, there will be no Weekly Update on November 26. We will resume our weekly cadence on December 3.

JOIN ISA IN CELEBRATING NEW NBB 2ND VICE CHAIRMAN ROB SHAFFER

This week, the National Biodiesel Board (NBB) hosted their Virtual November Membership Meeting, covering a variety of topics and voting to fill eight board member spots for two-year terms. Among those elected was Illinois farmer and American Soybean Association (ASA) farmer representative Rob Shaffer, who was appointed 2nd Vice Chairman.

ISA RELAUNCHES FIELD & BEAN MAGAZINE

This month, the Illinois Soybean Association (ISA) relaunched Illinois Field & Bean magazine. The November issue can be found here and includes information for farmers on market development, government relations, and checkoff programs. In one article, Finding Your Voice For Soy, ISA Government Relations Committee Chair Ron Kindred discusses how it is more important than ever for soybean farmer voices to be heard. ISA’s Voice for Soy Action Center is the advocacy arm for Illinois soybean farmers. Read the full piece in the magazine here and see how you can sign up to have your voice be heard.

NATIONAL BIODIESEL BOARD HILL VISITS

This week, the National Biodiesel Board (NBB) held virtual Hill visits as part of their November Membership meeting. Over the course of the meetings, the group discussed the extension of the biodiesel tax credit, which they all supported. The visits offered opportunity for NBB to provide farmer perspective to members of Illinois’ Congressional delegation, and emphasize the importance of the US Environmental Protection Agency (USEPA) to release their 2021 proposal for the Renewable Fuel Standard on time. To learn more about the NBB and its integral role as part of the story of Illinois agriculture visit here.

JOIN WISHH IN CELEBRATING WORLD FISHERIES DAY

In celebration of World Fisheries Day (November 21), the American Soybean Association's World Initiative for Soy in Human Health (WISHH) Program is celebrating the leaders of the new Cambodian Aquaculturist Association (CAA) for their innovative efforts to grow Cambodia’s aquaculture production. Watch the U.S. Department of Agriculture-funded Commercialization of Aquaculture for Sustainable Trade’s (CAST) new video that lays out CAA’s mission, here.

CCA SOY ENVOY RECRUITMENT

ISA is looking for CCA Soy Envoys for the 2021 growing season! CCA Soy Envoys contribute actionable information, advice and in-season updates via the ILSoyAdvisor blog to support Illinois soybean farmers in their goals of increasing yields and profits while minimizing environmental impact. Click here for more information.

ISA DIRECTOR’S FALL FIELDWORK UPDATES

In his latest piece, 2020 Ground Work: Fall Fieldwork in Illinois, ISA Director and Illinois Farmer Elliott Uphoff discusses post-harvest fall fieldwork and his experimentation with a cover crop this year. Since the end of harvest, Uphoff has been focused on preparing his land for next season through tilling flat fields, applying nitrogen fertilizer, and planting cover crops for the first time. Uphoff states, “The end of harvest does not mean the end of time spent in the fields this year. It just means we are working on next season.” Read more about Uphoff’s post-harvest work in the full article here.

APPLY NOW! USDA’S CORONAVIRUS FOOD ASSISTANCE PROGRAM 2

The U.S. Department of Agriculture (USDA) Farm Service Agency (FSA) wants to remind farmers and ranchers that the deadline to apply for the Coronavirus Food Assistance Program 2 (CFAP 2) is Friday, Dec. 11. The program provides direct relief to producers who continue to face market disruptions and associated costs from COVID-19. CFAP 2 will provide up to $14 billion to eligible producers. Learn more in the full article here, and apply now.

FINDING THE BOTTLENECK IN YOUR OPERATION

Harvest 2020 is a recent memory, so now that the combine is parked it’s the perfect time to evaluate just how well harvest went. Todd Steinacher, CCA, encourages readers to find bottlenecks in their operation and start planning to make the 2021 season as profitable and efficient as possible Read Steinacher’s article and get the latest in-season, actionable advice at ILSoyAdvisor.com.

NON-GMO SOYBEAN CONTRACT OPPORTUNITY

Mercaris and Benson Hill have teamed up to connect growers with a competitive acreage contract premium program. Growers must be located within 250 miles of Gibson City, have at least 150 acres available to be contracted for non-GMO soybeans in 2021, and have on-farm storage capacity. Interested growers must fill out the form here and if eligible, Mercaris will respond within 24 hours. For more information about this program and others, visit soybeanpremiums.org.

REGISTER TODAY! 2020 ILLINOIS FARM ECONOMICS SUMMIT

As a premium sponsor of Farmdoc, ISA is excited to share this year’s Illinois Farm Economic Summit that will take place in December. Due to COVID-19, this year’s summit will be held virtually via a series of five webinars rather than five in-person events around the state. The webinars will take place on December 1, 4, 8, 11, and 15.  Each webinar will be held from 11am to noon CST and will consist of 30 minutes of presentation and 30 minutes for Q&A. Learn more and register for the free summit here.

AMP BLOGS ON ILSOYADVISOR

Are you considering formalizing your operation into a business entity? Wondering how you should prepare for your year-end appointment with your accountant? Check out these new AMP blogs on ILSoyAdvisor for all your agribusiness management needs! www.ilsoyadvisor.com/amp-agribusiness-management-program

ILSOYADVISOR TWEET OF THE WEEK

ISA is looking for #CCASoyEnvoys for 2021! CCA Soy Envoys contribute actionable information, advice and in-season updates via @ILSoyAdvisor to support IL soybean farmers. Click here for more info: https://bit.ly/3pqT8wB

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