Current market conditions have many South Dakota soybean growers considering long-term storage solutions this harvest.
USSEC and the U.S. Grains Council (USGC) jointly organized the 16th Southeast Asia U.S. Agriculture Co-operators Conference in Kota Kinabalu, Malaysia from August 5 to 8. This year’s conference theme, “The New Normal For Global Agribusiness,” highlighted the current changes and challenges faced by agribusinesses today and provided strategic insights from a distinguished panel of U.S. ag leadership and subject matter experts.
Soybean producers from across South Dakota recently elected soybean growers, David Struck of Wolsey and Todd Hanten of Goodwin to represent Districts 5 and 6 on the board of the South Dakota Soybean Research & Promotion Council (SDSRPC). This is the farmer led, organization charged with wisely investing and leveraging checkoff dollars on behalf of South Dakota soybean farmers.
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.