Weekly Update

Soybean Weekly Update - July 14, 2017

July 13, 2017

Still Time to Register for Next Week’s ISA Field Days

Farmers are invited to attend the free July 19 ISA field day at Moore Farms in Roseville or the July 20 event at the Southern Illinois University (SIU) Belleville Research Center in Belleville.  Agronomic experts from Burrus Hybrids, AgriGold, Syngenta, Western Illinois University and SIU will speak on topics critical to soybean success.  Come hear Gary Schnitkey,Ph.D. with FarmDoc at the University of Illinois at Urbana-Champaign share the habits of highly successful farmers during lunch at both events.  The field days, which are sponsored by the ISA checkoff program, kick off with a light breakfast and check-in at 7:45 a.m.  Presentations take place from 8 a.m. to 1 p.m.  The day includes lunch and refreshments.  Attending CCAs can earn up to four CEU credits.  Sign up today.

USDA Raises Soybean Price Forecast in Monthly Report

The U.S. season-average soybean price range was increased by 10 cents per bushel in USDA’s July supply and demand report, and now is forecast at $8.40 to $10.40 per bushel.  Soybean exports for 2016-2017 are projected at 2.1 billion bushels, up 50 million.  The soybean yield forecast remains unchanged at 48 bushels per acre.  Access the entire USDA report here.

New Illinois Barns Grow Soybean Meal Market Potential

Illinois farmers and integrators so far this year have filed plans to build or expand more than 75 livestock barns.  Seven complete barns have held open houses.  The ISA checkoff program supports these farmers because livestock impact local soybean meal markets.  Additional pigs, cattle and poultry in barns in the works have the potential to boost soybean meal use an estimated 22,000 tons per year.

ISA Pumping Up Excitement for Biodiesel at Farm Progress Show

Biodiesel will have a big presence at the ISA exhibit at the Farm Progress Show, Aug. 29-31 in Decatur.  Farmers can hear first-hand about the high performance of B20 biodiesel from Brent Hajek – the Oklahoma farmer who broke the land speed record with a truck fueled with B20.  Hajek will have his truck on display and share his experiences reaching 182 mph in a B20-fueled Ford F-250.  Learn about fuel storage maintenance from MEG Corp experts, and find out how to get your own tank tested and cleaned.  Talk to ISA representatives about B20 and get a free cell phone fan – a must-have in Illinois in August.  And check out the Farm Progress Show’s field demonstrations.  The ISA checkoff program is sponsoring B20 fuel to operate all field demo equipment and trams.

Weed Control for 2018 Starts Now

The battle to control weeds in soybeans in 2018 starts now, while the current crop is still green.  With 2017’s weed species are still fresh in farmers’ minds, it’s time to begin the basics of planning for the next crop.  Read the latest from Soy Envoy Kevin Nelson.

Soy Checkoff Expands Pesticide Resistance Conversation

Take Action, an industry-wide partnership spearheaded by the national soy checkoff, is a farmer-focused education platform designed to help farmers manage herbicide, fungicide and insecticide resistance.  The platform just launched a new website, with tools for weed, disease and insect management along with pesticide, herbicide and fungicide best practices.  Find out more here.

Farmers Featured through Soy in the City

As part of the Soy in the City Instagram campaign, the ISA checkoff program is highlighting "Farmers in the City."  This mini-series will showcase Illinois soybean farmers in Chicago explaining how their soybeans might impact the city.  Explore the farmer stories and other Soy in the City connections by following @ilsoy on Instagram or by searching #SoyintheCity.

Illinois Farm Families Reaches More Than One Million with GMO Conversation

Illinois Farm Families (IFF) recently wrapped up "The GMO Disconnect" campaign that ran from May through June.  More than 15,000 consumers visited Watch Us Grow.  IFF’s social platforms reached more than one million in the Chicago area.  The latest conversation – on local farms and farm-to-store – launched July 1.  Content will include information about what it means to be a family farm and how they all look different.  Additionally, IFF will continue to pay tribute to farmers by sharing the #FarmersOfIllinois series on Facebook and Instagram.  If you’d like to be featured, email Rosie.

Consider Membership Program Options

To bring farmers the most value possible, Illinois Soybean Growers has two membership options: policy membership and informational membership.  Membership in ASA is included with both options.  Contact Judy Smith at 309-808-3612 or 888-826-4011 for more details and to join or renew. 

Become Involved: Participate in ISG’s Political Action Committee

Illinois soybean farmers are invited to participate in the Illinois Soybean Growers Political Action Committee (ISGPAC).  ISGPAC provides farmers with strong involvement in political races, and a direct pipeline to tell legislators about the issues that matter most to Illinois farmers:  transportation efficiency, expanding animal agriculture, worldwide market access support, biodiesel, trade, energy, taxes and ag research.  Farmers directly can support legislators who take a leadership role on soybean priorities and policies.  ISGPAC helps nurture those relationships and keeps key contacts in office where they work for the industry's best interests.  Visit ISGPAC or contact Judy Smith at 309-808-3612.

Tweet of the Week

This spring's weather could have led to herbicide injury.  @soyman100 has tips on diagnosing PPO damage.  Check out the tweet: http://bit.ly/PPODamage.
Follow @ILSoyAdvisor on Twitter for more soybean updates daily.