Tuesday, March 15, 2011

2010 Crop Soybean Cash Market Prices (3/7/11 - 3/11/11)

Sometimes you win and sometimes you lose. The past week had a price reversal from the most recent two as the Arkansas soybean cash market first lost 19 cents over the weekend and then had a mostly lower week. The Arkansas cash market opened on Monday at $13.82 and eventually fell to a closing price of $13.21 on Friday (Figure 1). The closing market price represented an overall 80 cent decline from the previous Friday closing mark. High individual market daily average for the week was $14.05 at West Memphis on Monday with Helena at $14.03. Old Town/Elaine at $14.00 on Monday was the only other daily market report above $14.00. The lowest individual market daily average was found on Friday with $12.99 reported at both Jonesboro and Wheatley.

(Market average prices stated in this report are unweighted averages of the state markets surveyed by NASS. Price data was based on USDA LR GR111 Arkansas Daily Grain Reports.)


Provided by:
Bob Stark, Agricultural Economist
Southeast Research & Extension Center
University of Arkansas at Monticello
stark@uamont.edu - (870) 460-1091


2011 New Crop Soybean Booking Prices (3/7/11 - 3/11/11)


Forward booking prices for 2011 crop beans had losses similar to the cash market as they first lost 6 cents over the weekend to open at $13.39 and then posted losses each trading day toward a Friday closing mark of $12.79 (Figure 2). The closing price for the week was a 66 cent drop from the prior Friday closing mark. West Memphis had the highest individual market quote of the week at $13.61 on Monday. No other markets exceeded $13.55 on any day. The lowest price of the week was $12.57 at Augusta on Friday. West Memphis, at $13.06, was the only market in the state remaining above $13.00 to close the week. The price margin between cash market old crop beans and new crop booking prices narrowed to 42 cents, a 14 cent decrease from the previous week interval.
(Market average prices stated in this report are unweighted averages of the state markets surveyed by NASS. Price data was based on USDA LR GR111 Arkansas Daily Grain Reports.)
Provided by:
Bob Stark, Agricultural Economist
Southeast Research & Extension Center
University of Arkansas at Monticello
stark@uamont.edu - (870) 460-1091

Thursday, March 10, 2011

To Lime or Not To Lime

Nearly 20% of the samples received every year by the Soil Testing and Research Lab get a lime recommendation. Of all the crops we grow, soybean is probably the crop most affected by low soil pH as the activity of the nitrogen fixing bacteria slows down considerably and with it, the ability to form sufficient nodules to produce good yields.



The graphs show the cumulative yield response of soybean to Ag and pelletized lime. The objectives of this test were 1) to assess the yield response of soybean growing in soil with pH around 5.0, and 2) to compare the relative performance of Ag lime and pelletized lime.


Ag lime was applied at incremental rates equivalent to 700 lb/acre, while pelletized lime was applied at incremental rates equivalent to 500 lb/acre. Current lime recommendation for soybean in a silt loam is between 4,000 and 5,000 lb/acre Ag lime. At that application rate, a cumulative yield increase of more than 20 bu/acre was obtained. Pelletized lime at 500 lb/acre resulted in basically no yield gain after 2 years.


A significant yield increase was observed when pelletized lime was used, but at rates significantly higher than the 300 lb/acre commonly recommended by some fertilizer dealers. Results from this study clearly indicate that the best option to correct soil acidity is to use Ag lime.


A minimum of 1000 lb pelletized lime per acre were needed to obtain a significant yield increase, but such increase was only half of the yield gain observed when the full rate of Ag lime was applied. Lime tends to work best when applied preplant, at least 30 days before planting, and if it is incorporated.


Provided by:
Leo Espinoza, Associate Professor & Extension Soil Scientist
University of Arkansas
Division of Agriculture
lespinoza@uaex.edu - (501) 671-2168

Use of Poultry Litter on Soybean

Nathan Slaton, professor and director of soil testing with the University of Arkansas Division of Agriculture, talks about using poultry litter as a fertilizer option on soybean - taking advantage of the litter's phosphorus and potassium components.

What is the availability of P and K in poultry litter?
The availability of P and K in litter is generally believed to be similar to that in inorganic fertilizers like muriate of potash (0-0-60) and triple superphosphate (0-46-0). Some state recommendations suggest that only 60 to 90% of the P is available during the first year after application. Arkansas research with rice and soybean suggests that plants fertilized with equal amounts of P and/or K from poultry litter and commercial fertilizers take up similar amounts of P and K. Thus, we would recommend that the P and K in poultry litter be considered as 100% available during the first year. Because the nutrient content of poultry litter is not guaranteed, a representative sample should be collected and analyzed to determine how much P and K it contains per moist ton.

Will the nitrogen in poultry litter inhibit nitrogen fixation by soybean?
University of Arkansas scientists (and scientists at other universities) have researched soybean response to manure application and found that by the end of the season plants receiving manure had similar nitrogen uptake as plants that received no manure. Nodule formation may be inhibited or N fixation by the soybean nodules may be delayed when the soil contains moderate to high amounts of inorganic nitrogen from residual fertilizer or manure. However, so long as the proper bacteria or inoculum is present, nodules can still form and begin actively fixing atmospheric nitrogen when plant uptake or N loss pathways removes the extra inorganic nitrogen from the soil. In all the trials we have conducted in Arkansas, poultry litter has never reduced soybean yield, but, in several instances, has increased yields more than that of equivalent rates of commercial fertilizer.

I applied poultry litter in the fall and soil sampled several weeks afterward and my soil test results recommended that more P and K should be applied. What happened to the P and K from the poultry litter and do I need to apply more fertilizer?
This has been a common question for the last four or five years. If the nutrient content of the litter was known and the rate of litter application was uniform and sufficient for the soil, you must trust that the P and K are still in the soil and will be available to the crop. One must remember that the numbers on your soil test report represent neither the total amount of P and K nor the total amount of plant available P and K in the soil. The nutrient values on your soil test report are simply an index of availability with availability increasing as the soil test value (index) increases. Arkansas research shows that less than 50% of the elemental K fertilizer applied in the fall or winter, 3 to 5 months before soil sampling, shows up on your soil test report. Only about 20% of the applied elemental P was reflected on the soil test report 3 to 5 months after fertilization. There are multiple reasons for this. First, P and K fertilizer units are expressed as the oxide form (K2O and P2O5) rather than the elemental form (as expressed on your soil test report). For example, 100 pounds of triple superphosphate (0-46-0) contains 46 lb of P2O5, but only 20 pounds of elemental P. The depth of the soil sample would also influence how much of the applied P and K fertilizer could possibly increase soil test values. Finally, chemical and biological reactions in the soil will begin immediately after fertilizer application, transforming the solubility and availability of P and K in the soil.

Provided by:
Nathan Slaton, Professor & Director of Soil Testing
University of Arkansas
Division of Agriculture
nslaton@uark.edu - (479) 575-3910

Saturday, March 5, 2011

Give Soybeans Nutrients for High Yields - Preseason Phosphorus and Potassium Applications

The nutritional needs of soybean must be satisfied to produce high soybean yields. Conventional soybean fertilization practices in Arkansas usually focus on phosphorus (P) and potassium (K) fertilization, which is the topic of this discussion arranged in a question and answer format.


How accurate are soil test results in predicting whether soybean yields will be increased by P fertilization?
Over the past eight years, we have had about 40 trials evaluating soybean response to P fertilization, most of them on loamy soils. We have found that the Mehlich 3 soil test does a good job of identifying soils that do not require P fertilization. This simply means that we have high confidence (nearly 100%) that soybean grown on soils with ‘Optimum’ or ‘Above Optimum’ soil test P levels (less than 35 ppm or 70 lb/acre) will show no yield increase from P fertilization. We are equally confident that soybean will seldom respond to P fertilization in what we call the ‘Medium’ soil test level (26-35 ppm or 52 to 70 lb/acre). By definition we expect soybean yields to be increased from P fertilization on soils that test below optimum in P [‘Low’ (16-25 ppm or 32 to 50 lb/acre) or ‘Very Low’ (less than 16 ppm or 32 lb/acre)]. Unfortunately, soybean does not always respond to P fertilization when soil test results are Low or Very Low. Our research shows that soybean yields are increased on about one-fourth of our soils that test Low in P with yields increased by 5 to 10%. For soils testing Very Low in P, soybean yields are increased on about one-half of these soils with increases ranging from 10 to 25%. The likelihood of soybean yield being increased by P fertilization increases considerably as soil test P drops to less than 10 ppm (or less than 20 lb/acre).


Were phosphorus fertilizer recommendations for soybean changed for the 2011 cropping season?
Yes, as of January 1, 2011 we reduced the amount of P recommended in the Very Low, Low, and Medium categories by 20 lb P2O5/acre. Although we do not expect a significant yield increase from P fertilization on soils having a Medium soil test P level, some fertilizer is still recommended to help replace a portion of the P that will be removed by the harvested crop.










Soil P was extracted with the Mehlich-3 soil test method



How accurate are soil test results in predicting whether soybean yields will be increased by K fertilization?
In contrast to soil test P, the Mehlich 3 soil test method does an excellent job of assessing soil K availability for soybean. Research trials conducted in silt loam soils having Low (61-90 ppm or 122 to 180 lb/acre) or Very Low (less than 61 ppm or less than 122 lb/acre) soil test K levels showed soybean yields were increased at 94% of these sites with yield increases from optimal K fertilization averaging 35 to 60% above the yield of soybean receiving no K. Soybean yields were increased at 46% of the sites having a Medium soil test K level (91-130 ppm or 182 to 260 lb/acre) with the average increase being about 10% above the yield of unfertilized soybean. For soils having an ‘Optimum’ (131 to 175 ppm or 262 to 350 lb/acre) or ‘Above Optimum’ soil test K level, we expect no significant yield increase from K fertilization. However, the University of Arkansas does recommend that 50 lb K2O/acre be applied on soils having an Optimum soil test K level. This recommendation serves two purposes. First, for fields that are soil sampled using the field average approach (one or two composite soil samples per field) it reduces the risk of yield loss from K deficiency in field areas that may test below optimum. Secondly, this recommendation serves to replace a portion of the K that will be removed by the harvested soybean, helping to maintain the soils K fertility. Understanding how K fertilizer rates change from one level to another and properly interpreting the expectation of returns from fertilization will aid in making the appropriate decision for each field.


How much P and K are removed by each bushel of harvested soybean?
The most common average values of P and K removal per bushel of harvested soybean are 1.4 lb K2O and 0.8 lb P2O5. These values are equivalent to 2.3 lb 0-0-60 fertilizer and 1.7 lb 0-46-0 fertilizer that are removed for each bushel of harvested soybean. Arkansas research has shown that these average values are appropriate.


How much P and K total uptake is needed to produce each bushel of soybean?
The aboveground portion of the soybean plant must accumulate the equivalent of about 5.0 lb N, 1.0 lb P2O5, and 3.8 lb K2O to produce one bushel of soybean.


I applied my P and K fertilizer in late fall of last year. Is it still available or do I need to add more?
Over the last three years (when fall weather allowed), we have established several trials evaluating crop nutrient uptake and yield response to the time and rate of P and K application. The limited amount of data that we have shows that fertilizer application rate is more important than the time of application. This is consistent with what most of the published literature shows. Our primary concern with fall application is that we have observed both P and K deficiencies in fields that had fertilizer applied before planting, which suggests that some soils have the capacity to rapidly fix P or K into unavailable forms, the P and K could be lost (sandy soils), or that the applied fertilizer rate was simply insufficient. That said, there are some good guidelines to follow in determining whether to apply P and K in the fall or spring. Factors including the soil test level, soil texture, rate of fertilizer to be applied, winter field management (will the field be flooded for waterfowl habitat), how responsive the following crop is to fertilization, and whether the field has had nutrient deficiency problems in the past should be considered.



Provided by:
Nathan Slaton, Professor & Director of Soil Testing
University of Arkansas
Division of Agriculture
nslaton@uark.edu - (479) 575-3910

Boron Deficiency Can Limit Soybean Yields – Learn When To Apply


Boron deficiency can be a serious yield-limiting problem in some Arkansas soybean fields. Below is a list of answers to commonly asked questions based on our field observations and research.

Boron deficient soybean (stunted plants and dark leave color) between the previous years rice levees in Poinsett County.
Photo provided by University of Arkansas Soil Fertility Program



How do I know whether I should include boron in my soybean fertilization program?
Boron deficiency has been routinely documented in fields West of Crowley’s Ridge and North of Highway 64. We have also observed boron deficiency in southern Missouri on loamy textured soils that had received a recent lime application, as far South as Palestine (I-40), West into White county, and in a few fields on the East side of Crowley’s Ridge. Most of these fields are usually rotated with rice, have a silt or sandy loam texture, are irrigated with well water, and have (>7.0) high soil pH. Boron fertilization is recommended if you grow soybean on high pH silt or sandy loam soils that are rotated with rice in the area North of Highway 64 and West of Crowley’s Ridge or in other areas where boron deficiency has been diagnosed. Check with your county agent to determine whether boron deficiency has been observed in the area you farm.

When do boron deficiency symptoms appear and what do the look like?
Symptoms of boron deficiency on soybean have been observed from shortly after emergence (V1 stage) through maturity. Boron deficiency is most commonly observed when soil moisture is limited. One of the most common times symptoms are observed is after the first irrigation – plants in some areas of the field respond to irrigation with vigorous growth whereas boron deficient soybean plants will not grow and tend to have darker colored leaves. The importance of soil moisture in boron uptake by plants cannot be stressed enough. The most diagnostic symptom of boron deficiency is death of the growing point. Other symptoms will include misshapen leaves, cupped leaves, short internodes, swollen nodes, and thick leathery leaves.



Photo Captions:
(top) Boron deficient soybean plant with a dead growing point. (bottom) Close-up of healthy soybean leaf (new growth) and boron deficient soybean plants. Note leaf cupping, leathery appearance, and overall dark color of boron deficient plants.
Photos provided by University of Arkansas Soil Fertility Program



What are the best boron fertilization strategies?
There are several options for supplying boron fertilizer to soybean. The first option is to blend granular B (1 lb B/acre) with P and K that will be applied preplant. This option usually works best when the blended fertilizer is applied in advance of planting and incorporated. Granular B may not dissolve when left on top of the soil when rainfall is limited making early application advisable. Boron may also be applied after soybean emergence. For foliar application, early is definitely better than late application. A soluble boron fertilizer or a liquid boron formulation can be mixed with an early herbicide application (check for compatibility before mixing) at rates as low as 0.20 to 0.33 lb B/acre. The amount of foliar burn, which is cosmetic and should not harm yield potential, will increase as the B application rate increases. Boron should be applied by the time soybean begins to bloom (R1 stage). In field trials, where B was yield limiting, waiting until the R1-R2 stage to apply B resulted in a yield loss compared to preplant granular application or foliar application at the V2-V4 stage. Waiting to apply boron until the R1 to R2 stage is risky in that boron deficiency could occur before the boron is applied. The best approach is to apply boron early and go with the most economical and convenient option (granular or soluble) or the one that best fits your management system.


Provided by:
Nathan Slaton, Professor & Director of Soil Testing
University of Arkansas
Division of Agriculture
nslaton@uark.edu - (479) 575-3910

Tuesday, March 1, 2011

Miss State University hosts Glyphosate-resistant Ryegrass Field Day on March 10

Our colleagues at Mississippi State University will be hosting a Glyphosate-resistant Ryegrass Field Day on March 10. Dr. Thomas Eubank, research professor, and Jason Bond, assistant professor specializing in weed science, have organized the event and say that "plots are in great condition."

Registration will begin at 7:30 am on March 10 at the Capps Center on the campus of the Delta Research and Extension Center in Stoneville, Miss. Pre-registration is available at http://msucares.com/drec/fieldday/index.html and qualifies you for one of four grand prizes.

There will be a field tour of research plots. However, the program will be moved indoors in the event of inclement weather.

Activities will conclude with lunch served at the Capps Center. CCA credits will be available.

Monday, February 21, 2011

2011 New Crop Soybean Booking Prices (2/14/11 - 2/18/11)


Forward booking prices for 2011 crop beans did not experience the sharply lower movement of the cash market over the weekend prior to this past week. Over the past weekend, the forward market lost 13 cents to open at $13.51 on Monday. New crop bean prices moved lower through midweek before recovering all of its losses and more on Thursday. Trading dived sharply again on Friday to close out the week at $13.27, a 37 cent overall fall from the previous Friday closing price. West Memphis again posted the top daily price of the week with $13.80 on Thursday. Old Town/Elaine trailed by a single cent at $13.79, and Helena at $13.74 was the only other market that broke the $13.70 level during the week. The lowest price of the week was $12.89 at Wynne on Wednesday. All markets ended the week above the $13.00 level. The price margin between cash market old crop beans and new crop booking prices continued to decrease falling from 38 cents to 28 cents, a 10 cent shrink and the third straight week where the gap narrowed.

(Market average prices stated in this report are unweighted averages of the state markets surveyed by NASS. Price data was based on USDA LR GR111 Arkansas Daily Grain Reports.)


Provided by:
Bob Stark, Agricultural Economist
Southeast Research & Extension Center
University of Arkansas at Monticello
stark@uamont.edu - (870) 460-1091

2010 Crop Soybean Cash Market Prices (2/14/11 - 2/18/11)


The Arkansas cash soybean market moved lower over the weekend for the second straight week as it lost 13 cents and opened at $13.89. The market could never establish a clear trend for the week with losses of 35 and 37 cents on separate days and a 39 cent gain on another day. The market closed the week on a down trading day to post a Friday closing price of $13.55. The closing price represented an overall 47 cent loss from the previous Friday closing mark. High individual market daily average for the week was $14.15 at both West Memphis and Old Town/Elaine on Thursday. This top price was 46 cents under the high of the previous week. The lowest individual market daily average was found on Wednesday with $13.30 reported at both Jonesboro and Wheatley.


(Market average prices stated in this report are unweighted averages of the state markets surveyed by NASS. Price data was based on USDA LR GR111 Arkansas Daily Grain Reports.)


Provided by:
Bob Stark, Agricultural Economist
Southeast Research & Extension Center
University of Arkansas at Monticello
stark@uamont.edu - (870) 460-1091

Tuesday, February 15, 2011

Considering an Insecticide Seed Treatment?

Insecticide seed treatments (IST) have provided a positive return in the Mid-South in nearly 80% of research trials when compared to an untreated check (with a fungicide) according to multiple studies conducted over seven years by entomologists from the University of Arkansas Division of Agriculture, Louisiana State University, the University of Tennessee and Mississippi State University.

There may be several reasons for this but changes in production practices in recent years have changed the pest spectrum and made ISTs a very viable option for growers. Many growers are moving toward reduced tillage production practices which are more favorable for soil dwelling insects. Increasing costs of production along with the increasing value of soybeans add more pressure to growers and make it even more important to get the crop up to a good, healthy start. Soybeans grown under the early season soybean production system face the most stress. Often when growers plant in early-April or even late-March it can turn cold and wet making it a struggle for plants to survive. While these plants are stressed, pests can attack and cause damage to the developing plant.

With over 110 trials conducted in the Mid-South, we see an average yield increase of about 3.5 bu/A with ISTs. However, when evaluating early planted fields in these trials, average yields almost double to over 6 bu/A.

We have documented control of several pests including grape colaspis (lespedeza worm), thrips, grubs and threecornered alfalfa hoppers as well as suppression of bean leaf beetles. Another positive attribute to ISTs is an increase in plant stand and vigor, while not as consistent as the insect control, it is often observable and the more stressful the situation the more pronounced it can be seen.
ISTs are especially useful if you have had a history of pests in a field, have a lot of plant residue in the field at planting, have other stress factors associated with the field or if you’re concerned about weather.

Growers have several IST choices for 2011. Cruiser and Gaucho were the first products available and the ones we have the most data on, however, there are two new seed treatments which should provide similar attributes. These are the Inovate system and Acceleron. We encourage growers to price these seed treatments being careful to consider fungicide packages along with the IST component to get the best value. Based on this research data, ISTs can provide real value to growers.

Provided by:
Gus Lorenz, Extension Entomologist
University of Arkansas
Division of Agriculture
glorenz@uaex.edu - (501) 676-3124

2011 New Crop Soybean Booking Prices (2/7/11 - 2/11/11)

Forward booking prices for 2011 crop beans again saw a stronger movement than the cash market. Over the past weekend, the forward market lost only 3 cents to open at $13.52 on Monday (Figure 2). New crop beans price improved through midweek, reaching a high point of $13.84 on Wednesday. The new crop booking market then went down through the remainder of the week to close on Friday at $13.64, a 9 cent overall gain from the previous Friday closing price. West Memphis again posted the top daily price of the week with $14.03 on Wednesday. Also on Wednesday, Old Town/Elaine, at $14.02, and Helena at $14.00 were the only other markets that broke the $14.00 level during the week. The lowest price of the week was $13.26 at Wynne on Monday. The price margin between cash market old crop beans and new crop booking prices decreased sharply from 66 cents to 38 cents, a narrowing of 28 cents.


(Market average prices stated in this report are unweighted averages of the state markets surveyed by NASS. Price data was based on USDA LR GR111 Arkansas Daily Grain Reports.)


Provided by:

Bob Stark, Agricultural Economist
Southeast Research & Extension Center
University of Arkansas at Monticello
stark@uamont.edu - (870) 460-1091

2010 Crop Soybean Cash Market Prices (2/7/11 - 2/11/11)


The Arkansas cash soybean market lost 9 cents over the weekend and opened at $14.12 (Figure 1). The market showed strength early in the week, climbing steadily to a high of $14.38 on Wednesday, but then declined over the final two trading days. The Friday closing price was $14.02, an overall 19 cent fall from the previous Friday closing mark. Friday’s average price still represented the second straight weekly close above $14.00 since January 14. High individual market daily average for the week was $14.61 at both West Memphis and Old Town/Elaine on Wednesday. Helena reached $14.57 on the same day, the only other market to exceed $14.51 during the week. The lowest individual market daily average was found on Friday with $13.80 reported at both Jonesboro and Wheatley.
(Market average prices stated in this report are unweighted averages of the state markets surveyed by NASS. Price data was based on USDA LR GR111 Arkansas Daily Grain Reports.)
Provided by:
Bob Stark, Agricultural Economist
Southeast Research & Extension Center
University of Arkansas at Monticello
stark@uamont.edu - (870) 460-1091

Monday, February 7, 2011

2011 New Crop Soybean Booking Prices (1/31/11 - 2/4/11)


Forward booking prices for 2011 crop beans saw an even stronger movement than the cash market over the past weekend, gaining 22 cents to open at $13.30 on Monday (Figure 2). New crop beans also saw price improvements through midweek as they reached a high point of $13.61 on Wednesday. The new crop booking market then went stagnant through the remainder of the week before closing on Friday at $13.55, a 47 cent overall gain from the previous Friday closing price. West Memphis again posted the top daily price of the week with $13.81 on Wednesday. Old Town/Elaine was a single cent behind at $13.80 on the same day. The lowest price of the week was $13.01 at Wynne on Monday as all daily market quotes were above $13.00 and within an 80 cent interval. The price margin between cash market old crop beans and new crop booking prices decreased from 73 cents to 66 cents, a narrowing of 7 cents.

(Market average prices stated in this report are unweighted averages of the state markets surveyed by NASS. Price data was based on USDA LR GR111 Arkansas Daily Grain Reports.)

Provided by:
Bob Stark, Agricultural Economist
Southeast Research & Extension Center
University of Arkansas at Monticello
stark@uamont.edu - (870) 460-1091

2010 Crop Soybean Cash Market Prices (1/31/11 - 2/4/11)


After two straight weekends of price declines, the Arkansas cash soybean market had a turnaround by gaining 17 cents over the past weekend to open at $13.98 (Figure 1). The market continued its gains through midweek, reaching a high of $14.31 on Wednesday. Part of the price increase was given back over the final two trading days before closing at $14.21, an overall 40 cent gain from the previous Friday closing price. Friday’s average price represented the first weekly close since January 14 that was above $14.00. High individual market daily average for the week was $14.54 at both West Memphis and Old Town/Elaine on Wednesday. The lowest individual market daily average was found on Monday with $13.77 reported at both Jonesboro and Wheatley.

(Market average prices stated in this report are unweighted averages of the state markets surveyed by NASS. Price data was based on USDA LR GR111 Arkansas Daily Grain Reports.)


Provided by:
Bob Stark, Agricultural Economist
Southeast Research & Extension Center
University of Arkansas at Monticello
stark@uamont.edu - (870) 460-1091

Saturday, January 29, 2011

University of Arkansas Division of Agriculture releases 2010 Soybean Updates and 2011 SOYVA Program

The 2010 University of Arkansas Division of Agriculture Soybean Updates are ready!

This annual publication details research data for the 2010 Soybean Performance Early Planted and Full Season and Double Crop Roundup Ready soybean variety screening trials. Useful data in the update includes yields, disease ratings, agronomic characteristics, herbicide tolerance, and more. These publications provide growers with current varietal performance and characteristic data to aid in their variety selections.

Varieties included in the update were tested in both the Division's 2009 and 2010 variety testing program. Since performance may vary from year to year, and two-year yield averages are better predictors of performance than data from a single year. Superior performance across several locations suggests that a variety has wide adaptability, thus multiyear and multi-location yields are particularly useful for making variety selection decisions.

The updates are available both online and in print format.

To access the updates online go to:
http://www.aragriculture.org/crops/soybeans/varietyyields/default.htm#Soybean Updates

Or, from the main Cooperative Extension Service homepage, click on "Agriculture", then "Soybean", then "Soybean Updates" from the list of bulleted items on the Soybean home page. Updates are separated into Early Season Roundup Ready, Full Season Roundup Ready and Full Season Non Roundup Ready (Conventional & LibertyLink). Updates from 2009 and 2008 are available for reference from this site as well.

Also, SOYVA 2011 is now available at http://soyva.uaex.edu/.

This program, designed by the University of Arkansas Division of Agriculture, is designed to assist clientele with soybean variety selection. Variety selection should consider yield potential and avoidance of environmental, cultural and disease problems.

Printed copies of the Early Season and Full Season and Double-Crop Roundup Ready Soybean Performance Results were shipped to County Extension Offices in soybean-growing counties on January 27. Contact your local County Extension Office for a copy or more information. Or, contact Jeremy Ross, soybean agronomist for the Division.

Provided by:
Jeremy Ross
Extension Agronomist - Soybean
University of Arkansas Division of Agriculture
jross@uaex.edu - (501) 944-0621

2011 New Crop Soybean Booking Prices


Forward booking prices for 2011 crop beans followed a pattern similar to the cash market, but with less size of movement. New crop beans opened the week at $13.22, an 11 cent loss over the weekend. A decline of 24 cents on Tuesday was partially recovered on Wednesday before the market essentially went flat, closing on Friday at $13.08, a 25 cent overall loss from the previous Friday closing price. West Memphis had the top daily price of the week with $13.43 on Monday. Old Town/Elaine at $13.37 and Helena at $13.36 were the only other reporting markets exceeding $13.27 on the same day. The lowest price of the week was $12.73 at Wynne on Tuesday. The price margin between cash market old crop beans and new crop booking prices increased from 65 to 73 cents, a reversal from the price narrowing that had been seen just one week earlier.

(Market average prices stated in this report are unweighted averages of the state markets surveyed by NASS. Price data was based on USDA LR GR111 Arkansas Daily Grain Reports.)

Provided by:
Bob Stark, Agricultural Economist
Southeast Research & Extension Center
University of Arkansas at Monticello
stark@uamont.edu - (870) 460-1091

2010 Crop Soybean Cash Market Prices (1/24/11 - 1/28/11)


The Arkansas cash soybean market lost 7 cents over the fourth weekend of January and opened at $13.88. The trading week lost another 30 cents on Tuesday before steadily regaining most of the lost ground and stabilizing to end the week at $13.81, an overall 14 cent decline from the previous Friday closing price. Cash beans have now lost a total of 26 cents since their last weekend close above $14.00, the January 14 closing mark of $14.07. High individual market daily average for the week was $14.15 at West Memphis on Monday. The lowest individual market daily average was found on Tuesday with $13.39 reported at both Jonesboro and Wheatley.

(Market average prices stated in this report are unweighted averages of the state markets surveyed by NASS. Price data was based on USDA LR GR111 Arkansas Daily Grain Reports.)

Provided by:
Bob Stark, Agricultural Economist
Southeast Research & Extension Center
University of Arkansas at Monticello
stark@uamont.edu - (870) 460-1091