Posts in Soybeans
US Secretary of Agriculture Declares Disaster in 11 La. Parishes Due to Rain Losses in August

Farmers in 11 Louisiana parishes and another 30 parishes and counties in Louisiana, Mississippi and Texas are eligible for disaster aid from the USDA. U.S. Secretary of Agriculture Tom Vilsack sent a letter to La. Governor John Bel Edwards dated December 20, 2022 that Loss Assessment Reports showed sufficient losses in those 11 parishes to warrant a secretarial disaster declaration.

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Louisiana Farm Bureau Seeks Disaster Aid from US House and Senate Appropriations Committees

A letter is now in the hands of the chairs of U.S. Senate and House Appropriations Subcommittees on Agriculture, Rural Development, Food and Drug Administration, and Related Agencies and the Ranking Republican Members on those subcommittees seeking aid for farmers and ranchers who suffered losses due to weather disasters in 2022. 

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Invading Insects Impact Louisiana Soybean

Pests have always been a yield-limiting problem soybean producers have faced in Louisiana. These pests can rob soybean farmers of both quantity and quality of grain. However, it was not until 2000 that a new invasive species arrived that significantly changed Louisiana soybean production forever.

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Soybeansdon molino
Louisiana Farmer New Appointment To United Soybean Board

The U.S. Department of Agriculture announced the appointment of 19 new farmer-leaders to serve on the United Soybean Board (USB). In addition, 24 farmer-leaders were reappointed. Forty-six leaders and alternates will serve three-year terms, and one new appointed member will serve a one-year term. Leaders will be sworn in for service during the USB December Meeting in St. Charles, Mo.

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Soybeansdon molino
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