In 2020, domestic production of biodiesel alone exceeded 1.8 billion gallons, a hundredfold increase since the biodiesel tax credit was enacted in 2005. Thanks in part to the $1 per gallon tax credit, a new analysis calculates that the economics benefits of the market for biodiesel fuel fostered by the biodiesel tax credit supports 64,000 jobs and has a total impact on the economy of approximately $15 billion per annum.

A new report by the Environmental Protection Agency (EPA) released Tuesday shows despite increased restrictions on dicamba, more than 3,500 issues were reported this year with dicamba drifting onto other crops. In total, EPA says more than 1 million acres of non-dicamba tolerant soybeans were reported to be damaged. However, grower groups are asking for more clarity, saying EPA's data may be riddled with gaps.

Soybean cyst nematode continues to rank as the top yield robber of soybeans in the U.S. and Canada and it’s showing no signs of stopping. Since 2017 SCN has continued to move into new areas, and, according to experts is becoming harder to control.

U.S. Soy set a new record for exporting more product in more international markets than ever before, the United Soybean Board, U.S. Soybean Export Council and American Soybean Association announced today. During the 20/21 market year, a record 61.65 MMT of whole soybeans shipped to markets across the globe, at a value of over $28B in revenue for the U.S. Soy industry. The volume boost is the result of strategic efforts to diversify international markets and distribute more U.S. Soy globally.

To ensure continued and reliable delivery of U.S. soybean exports to customers around the world, the soybean checkoff plans to fund pre-engineering and design work to enhance and maintain Lock and Dam #25 on the Upper Mississippi River — a U.S. infrastructure asset critical for efficient barge traffic.

Each year the LSU AgCenter tests both commercial and experimental soybean varieties entered in the state Official Variety Trials by private seed companies and university breeding programs. The LSU AgCenter also includes a reduced number of varieties in large-plot, on-farm demonstrations to increase the number of locations and environments in which varieties are evaluated. From these, a grower should choose several adapted to an individual farm. Information in the tables can help producers make these important decisions.

Soybean export shipments were the star of this week’s Export Sales report from USDA, rising 10% above last week’s marketing year high to 97.4 million bushels for the week ending November 4. It marked the highest weekly shipping volume on record for the 2021/22 marketing year and was the largest weekly soybean export shipment volume since the week ending Dec. 3, 2020.

A grant from the Louisiana Soybean, Grain Research and Promotion Board, is funding research being carried out statewide by LSU AgCenter Soybean Specialist Dr. David Moseley.

“We are growing core block trials this year in 12 parishes. In south Louisiana, we’re in St. James, stretching all the way northeast into West Carroll Parish. In the northwestern part of the state, we’re in Caddo Parish. So all the way from the south to the north we're in 12 parishes.

The USDA’s Economic Research Service (ERS) indicated in its October Oil Crops Outlook report that, “Brazil planted 38.6 million hectares of soybeans in the 2020/21 marketing year. With yields reaching all-time highs of 3.55 tons per hectare, Brazil produced a total of 137 million metric tons of soybeans. Despite high production numbers in the current marketing year, exports are lowered by 350,000 metric tons to 81.65 million metric tons as Brazil’s main trade partner, China, has slowed their soybean purchases. Brazil is expected to store these soybeans, raising October 1 beginning stocks for the 2021/22 marketing year to 26.95 million metric tons which is up 7 million metric tons from last year.”