By David Moseley, Stephenson, Daniel O., Foster, Matthew, Parvej, Md Rasel, Harrison, Stephen A., Price, III, Paul P, Padgett, Guy B., Deliberto, Michael, Tubana, Brenda S., Wang, Jim Jian, Conger, Stacia
LSU AgCenter
Estimating the Forgone Revenue from Harvesting Dry Soybeans
When soybeans are delivered to the elevator, any difference between actual and desired moisture content can potentially result in lower producer revenue. For example, soybeans testing over 13% moisture are assigned a penalty that is shown directly on the scale ticket. Soybeans testing under 13% moisture are accepted by the elevator with the assumption that 60 pounds of soybeans constitutes a bushel. So, by definition, a standard bushel of soybeans weighs 60 pounds at a moisture level of 13%. Given that 13% of the weight is comprised of moisture that leaves 87% (52.2 pounds) as dry matter.