HELPING FARMERS EXPAND PROFIT OPPORTUNITIES  

FOR IMMEDIATE RELEASE

Date:
 September 12, 2008
Contact: Karen Simon,
Communications Director
1 800-383-1423


IOWA SOYBEAN ASSOCIATION RESPONDS TO USDA CROP REPORT


URBANDALE, Iowa - According to today’s United States Department of Agriculture (USDA) crop report, production is expected to be down slightly from the figures given in August.

Corn production is expected to be 12.072 billion bushels. That figure is down 2 percent from the projection made in August and down 8 percent from last year’s crop.

Soybean production is now projected at 2.934 billion bushels. That is down 1 percent from the August report, but still up 13 percent from last year’s crop.

John Heisdorffer, a soybean grower from Keota and president of the Iowa Soybean Association (ISA), responded to the report on behalf of ISA.

“Right now, our soybeans are maturing quickly. By the next report we should be harvesting and should be able to better see what the crop is actually going to be,” Heisdorffer said. “Soybean demand remains strong due to growing markets like China, India and other parts of Asia. Iowa and U.S. farmers are committed to meeting that demand.

“Though yields will likely be down some, it is a testament to farmers and today’s technology that crops still look amazingly good after a difficult season that included a late spring, flooding, replanting, a dry August and extremely high input costs.”

The Iowa Soybean Association develops policies and programs that help farmers expand profit opportunities while promoting environmentally sensitive production using the soybean checkoff and other resources. The Association is governed by an elected volunteer board of 21 farmers.


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Funded by the soybean checkoff