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