Farmers from across the country anxiously awaited Ag Secretary Sonny Perdue’s detailed aid package earlier this week. For South Dakota Soybean Association (SDSA) the announcement was met with appreciation, yet caution. The $1.65 per bushel payment outlined for 50 percent of soybean production was by far the highest payment for any commodity. Now, South Dakota soybean leaders, Brandon Wipf and Jerry Schmitz are focused on what comes next.
Come celebrate soybeans and connect with the farmers who grow them during Dakotafest 2018 in the South Dakota Research & Promotion Council (SDSRPC) tent, located on Seed Row on 1st Street in Lot 6. Dakotafest is held in Mitchell, August 21-23 (2300 East Spruce Street). The SDSRPC tent opens each day at 9 a.m. Free SDSU ice cream is served August 22 and soybean growers who stop by the SDSRPC tent and sign up for SD Soybean updates will receive a free, 16-can cooler (while supplies last).
Trade has long been an important part of soybean farmer profitability in South Dakota. In fact, South Dakota is one of the top 10 soybean exporting states in the country, totaling $1.3 billion in soybean exports annually.
In response to the announcement of U.S. tariffs on Chinese imports, the American Soybean Association (ASA), the U.S. Soybean Export Council (USSEC) and the United Soybean Board (USB) release the following statements.
With summer heat blasting at full tilt, farmers across the country are racing towards harvest. Out in the fields, many farmers and crop advisors are scouting to determine what weeds, diseases or insects may threaten their crop during the next few months.