PUBLISHED BY SOYBEAN GROWERS FOR THE FEED INDUSTRY JUNE 2007
   
 
The first estimates for the 2006-2007 soybean crop were released on May 11th by the U.S. Department of Agriculture. These projections are preliminary and subject to change due to weather, disease and other stresses during the growing season, the values provide some indication of soybean and soybean meal production and use values for the coming season.

While the USDA estimates for planted acres have been anticipated, the estimated yield for the 2007 crop seems conservative which will have a direct impact on total production of soybeans. The estimates for the soybean crush and meal production/use are interesting and reflect using year-end soybean stocks to make up for the anticipated smaller soybean crop. Based on the anticipated supply of soybean meal, USDA is projecting the price of soybean meal in the 2007/08 crop year to be in the range of $185-215 per short ton compared to an estimated price of $195 for 2006/07.



Reference: U.S.D.A. Economic Research Service, World Agricultural Supply and
Demand Estimates; WASDE-446, May 11, 2007


Distillers Grains-Phosphorus Management
Fermenting the starch in corn to produce ethanol concentrates the phosphorus in distillers grains by about three-fold. Phosphorus levels in corn range from 0.27-0.33% compared to levels of 0.8-1.0% in distillers grains. A paper from Iowa State University reviewed a concern that feeding DGS may result in overfeeding phosphorus and the higher levels of phosphorus in the manure could cause environmental problems. The author pointed out that the potential problem would vary with the species and diet being fed. He concluded that the potential environmental problem could be minimized with an effective manure management plan.

Trenkle, Allen. 2006. With increasing availability of distillers grains will phosphorus be a problem for Iowa livestock producers? Iowa State University Animal Industry Report A.S. Leaflet R2124.
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