Posts in Soybeans
Soybean harvest is 100% complete in 4 states, USDA says

Dry weather has allowed for abnormally fast soybean harvest across the country. Farmers in Louisiana, Minnesota, Nebraska, and North Dakota have 100% of their beans out of the field, USDA reported Monday.

USDA’s National Agricultural Statistics Service (NASS) says there were 5.6 days suitable for fieldwork in Louisiana the week ending Sunday, Nov. 6.

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SoybeansAvery Davidson
Soybean Market Dealing With Transportation Issues

Restricted barge traffic on the Mississippi River is having an impact on the soybean and corn markets, although it’s more of an issue for soybeans.

“One of the big things hitting the news is that the Mississippi River, in particular the lower Mississippi River, is now very dry, water levels are very low, and barge traffic is restricted,” said Frayne Olson, grain marketing economist at North Dakota State University.

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SoybeansAllie Shipley
October 2022 Crop Market Update for Corn, Soybeans, Rice, and Cotton

This month’s 2022/23 U.S. corn outlook is for reduced supplies, greater feed and residual use, lower exports and corn used for ethanol, and smaller ending stocks. Corn production is forecast at 13.895 billion bushels, down 49 million on a reduction in yield to 171.9 bushels per acre. Corn supplies are forecast at 15.322 billion bushels, a decline of 172 million bushels from last month, as lower production and beginning stocks are partially offset by higher imports.

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NELA Farmers Face Crisis

Area farmers say the recent rainfall in northeastern Louisiana has damaged crops so badly that many will not be able to recover financially if the U.S. Department of Agriculture does not step in.

Weeks of frequent rainfall in August and September have wrecked local crops and crop insurance likely will not cover the damage, according to Scott Franklin, a commercial rice dryer in Rayville.

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Corn, Cotton, SoybeansAvery Davidson
New Crane Will Make It Easier To Upload Grain At The Port Of Greater Baton Rouge

The Port of Greater Baton Rouge has received a barge-mounted crane that will make it easier to unload grain despite the level of the Mississippi River.

The $7 million pedestal crane will unload grain directly from barges into Louis Dreyfus Company's elevator. Because the crane has the flexibility to unload barges at times of high or low river levels, this will benefit local farmers, said Jay Hardman, the port's executive director.

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Corn, Soybeansdon molino
Extreme Weather Affects Farmers’ Crops

The weather in the past months has really taken a toll on the crops at some Louisiana farms. Frogmore Farms is one of many that has lost harvest due to weather conditions.

John Branton, the managing partner and operator for Frogmore Farms, said, “As soon as the heat broke, we ended up getting a rain, which we thought was a blessing, but turned out to be 22 days of rain in August, and we got 12 inches at the end of the crop cycle. So what happened was that the crops simply rotted.”

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Soybeans, CottonAvery Davidson