What’s in store for soybean farmers in 2022?

November 18, 2021 | Bethany Baratta

Iowa Soybean Association President Robb Ewoldt has questions about soybean profitability heading into 2022.

So he’ll be participating in the Iowa Soybean Association’s webinar on Nov. 23 to hear from an industry expert about what 2022 might mean for farm economics.

“Besides planting the seeds, marketing is the most important thing we do on our farm,” says Ewoldt, who farms near Davenport.

He’s heard that the U.S. Department of Agriculture (USDA) is projecting an acreage shift from corn to soybeans due in part to rising input prices. What impact will this potential yield bump mean for soybean prices? Will input prices come down?

Mac Marshall, vice president of market intelligence from the United Soybean Board and the U.S. Soybean Export Council, will provide insights into the soybean market during the Nov. 23 online event.

“There are a lot of questions out there,” says Ewoldt. “From deciphering marketing opportunities through the bean, oil and meal markets to thinking about global marketing prospects, we want to be better prepared for 2022.”

The Nov. 23 Zoom event is powered by the Iowa Soybean Association through the soy checkoff. Ewoldt invites those interested in agriculture and those actively farming to participate.

“This is an opportunity for farmers to see how their checkoff dollars are used in delivering information to help them in decision making and marketing,” Ewoldt says.

The online event will be held from 7:30 a.m. to 8:30 a.m. Central.

What do you want to know about soybean supplies, demand, inputs, etc.? Prepare your questions and be ready to share them during our Q&A with Mac.

Registration closes Nov. 22 at 4 p.m. — don't wait! Go here to register.

Filling out the webinar registration form will activate your no-cost farmer membership if you are not currently a member. Completion of the registration form will validate your membership information if you are already a member.

Once your registration is approved by ISA staff, you will receive an email from Zoom (no-reply@zoom.us) with your unique URL to join the webinar.

This is the first in a series of webinars dedicated to navigating the 2022 crop year as we look to production, pricing and planning. Watch our events calendar for additional upcoming events.