Home » NEWS » Manufacturing » Soybeans off to good start despite weather, delayed planting

Soybeans off to good start despite weather, delayed planting

ACROSS MISSISSIPPI — Delayed planting and high summer heat have not kept Mississippi’s soybean crop from looking good as of mid-July, though fields ranged from just planted to nearly ready to harvest.

Trey Koger, soybean specialist with the Mississippi State University Extension Service, said the crop was planted a little later than usual statewide, but many acres in northeast Mississippi were not planted until almost July.

“Big rains caused some stand losses, and those fields had to be replanted,” Koger said. “Our crop is in a wide array of growth stages, but I think it is a pretty good crop.”

The summer’s high heat and limited rain caused an excessive number of flowers and fruit to shed, but Koger said most fields have recovered from these losses.

Parts of the state are getting dry, and continued lack of rain in the northern and central part of the state will soon cause problems for soybeans. Koger said about two-thirds of the state’s soybeans are irrigated. Almost all of the irrigated acres are in the Delta, which has not been overly dry this summer.

“The crop endured a lot of stress in June and early July from excessive heat and little rainfall, but it looks pretty good considering that,” Koger said. “We’re going to have to have some rainfall from here on out for some of the late-planted crop.”

John Michael Riley, Extension agricultural economist, said soybean’s September futures contract was $9.87 per bushel in mid-July. Greenville reported a cash price of $9.66. Soybean futures prices have risen almost 8 percent since July 1.

“The market is coping with news on opposite ends of the spectrum and apparently is latching on to the good news, likely due to the fact that corn prices have been improving,” Riley said. “A recent report that China is back in the market for soybeans should bode well for what is expected to be the largest crop on record.”


… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Wally Northway

Leave a Reply

Your email address will not be published. Required fields are marked *