Soybean growers have been fighting against low prices since 2022.
Don Wyss of the United Soybean Board’s Audit and Evaluation Committee says some farmers are turning to dairy, offering up their product for cattle rations.
“I call it a win-win. You know, we’re winning by seeing this go into the feed rations of dairy cows but also continuing to, in a tighter margin environment, see new developments on the demand side for our soybeans, and this is only going to continue to grow going forward with the results that we’re seeing coming out of that benefit to the dairy industry. There’s some additional work being done in swine right now, too, to look at this, so we may not be done yet,” said Don Wyss.
This project, to get high oleic soybean oil into cattle feed, has been in the works for some time now, and Wyss says the research was funded in part with checkoff dollars.
David Klein with the American Society of Farm Managers and Rural Appraisers (ASFMRA) shares an end-of-harvest update and a peek at the farmland market in Central Illinois.
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The Farm Bureau urges trade enforcement, biofuel growth, fair input pricing, and pro-farmer policy reforms to restore long-term certainty.
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According to Ag Secretary Brooke Rollins, the top three soy-crushing companies in Bangladesh agreed to buy $1 billion worth of U.S. soybeans over the next year.
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A strong corn export pull is supportive of bids; soybeans need steady vessel programs or fresh sales to firm cash.
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RFD-TV’s farm legal expert, Roger McEowen, digs into the details of both the LRP and the LGM programs, two essential risk management tools for cattle producers.
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