Missouri Soybean Facts $1,929,659,800: Five-year average value of Missouri soybean production between 2006 and 2010 a Top Soybean Production Regions, 2010 a Rank United States Rank Missouri Counties 1 Iowa 1 Audrain 2 Illinois 2 Saline 3 Minnesota 3 New Madrid 4 Nebraska 4 Stoddard 5 Indiana 5 Nodaway 6 Ohio 6 Mississippi 7 Missouri 7 Atchison 8 South Dakota 8 Lafayette 9 North Dakota 9 Pemiscot 10 Kansas 10 Carroll 1 bushel of soybeans produces 1.5 gallons of soy oil AND 48 pounds of soybean meal, which supplies 21 pounds of protein animal feed. Industrial uses of soybean are inks, plastics, solvents and biodiesel. Missouri Harvested Acres a Yield a Average Annual Price a Record High 5,800,000 acres in 1979 45 bushels per acre in 2004 $12.10/bushel in 2010 Record Low 44,000 acres in 1925 5 bushels per acre in 1936 $0.60/bushel in 1931 5-Year Average 5,000,000 acres 39.7 bushels per acre $9.60/bushel
Soybean Production in Missouri Soybeans originally were grown as a forage crop. They began to be a popular row crop in the 1940 s and continued to increase in acreage until the 1980 s. While many states have a regular soybeans following corn rotation, Missouri farmers grow more soybeans following soybeans. Soybean sales have often exceeded 1 billion dollars a year. Soybean Acres Harvested a Soybean Prices ($/bushel) a Soybean Yields (bushels/acre) a Value of Production a
Soybean Production Efficiency Missouri soybean yields have increased about 1/3 bushel per year. Like the rest of the U.S., almost all soybean production in Missouri uses herbicide tolerant seed varieties. Pesticide used to produce soybeans has been variable with no clear trend over time. Soybean Yields (bushels/acre) a Pesticide Usage c Herbicide-Tolerant-Only Varieties of Soybean b Fieldwork d
2011 Soybean Crop Budget e Soybeans Yield/ ac. 50 bu. Market Price/Bu. $10.00 Estimated Income/ Acre Crop income (yield x price/bushel) $500.00 Net Payments (fixed) 14.15 Estimated Total Income / Acre $514.15 Estimated Operating Costs/ Acre Seed $49.87 Fertilizer and soil amendments 52.90 Crop protection chemicals 6.40 Crop supplies, storage, marketing 1.00 Crop insurance and consulting 18.00 Custom hire and rental -- Machinery fuel, drying, and irrigation energy 10.69 Machinery and repairs and maintenance 10.61 Operator and hired labor 10.50 Operating interest @ 8.50% x ½ year 5.20 Total Operating Costs/ Acre $165.17 Estimated Ownership Costs/ Acre Farm business overhead $4.50 Machinery overhead 17.31 Machinery depreciation 21.05 Real estate charge 133.50 Total Ownership Costs/ Acre $176.36 Estimated Total Costs / Acre $133.50 Income over Operating Cost/ Acre $348.98 Income over Total Costs/ Acre $172.62 Operating costs/ bushel $3.30 Ownership costs/bushel $3.53 Total costs/bushel $6.83 U.S. Grades and Grade Requirements for Soybean f Grade Minimum test weight Maximum limits of: Damaged kernels Broken and foreign Heat damaged kernels Total material U.S. No. 1 60.0 0.2% 2.0% 1.0% U.S. No. 2 60.0 0.5% 3.0% 2.0% U.S. No. 3 60.0 1.0% 5.0% 3.0%
Major Uses of Soybeans in Missouri Crushing facilities in MO Crushing facilities take whole beans and process them to make soy oil and soybean meal. Most of the soybean meal is used as animal feed but some is used for human foods. The soy oil has many food and industrial uses. The map below shows the location of major (not all) soybean processing facilities in Missouri. Soybean Processing Facilities, 2010 h Biodiesel facilities in Missouri i Not all biodiesel facilities in Missouri are operating. The facilities listed below were constructed or under construction in 2010 but may or may not be operational. Go to the National Biodiesel Board http://www.biodiesel.org/ for a more up-to-date list of biodiesel plants. Company City Annual Production Capacity Operating Since Global Fuels, LLC Dexter, MO 3,000,000 April 2007 High Hill Biodiesel, Inc. High Hill, MO 5,000,000 July 2007 Mid America Biofuels, LLC Mexico, MO 30,000,000 Dec. 2006 Missouri Better Bean Bunceton, MO 15,000,000 August 2004 Missouri Bio-Products, Bethel, MO 2,000,000 June 2006 Inc. Natural Biodiesel Plant, LLC Hayti, MO 5,000,000 April 2007 AGP St. Joseph, MO 29,000,000 Sept. 2007 Great River Soy Processing Coop. Lilbourn, MO 5,000,000 October 2007; closed April 2008 Prairie Pride Deerfield, MO 30,000,000 December 2007 American Energy Tina, MO 50,000,000 2010 Producers, Inc. ME Bioenergy LLC Lilbourn, MO 5,000,000 July 2010 Paseo Cargill Energy LLC Kansas City, MO 37,500,000 April 2008 Producers Choice Soy Moberly, MO 5,000,000 June 2009 Energy LLC Terra Bioenergy, LLC St. Joseph, MO 30,000,000 2009
Soybean Checkoff Program Soybean producers pay 0.5% of the value of soybeans sold to a mandatory checkoff program. This money is used to advance soybean marketing, production technology and the development of new uses j. Checkoff Revenues j
Missouri County Yields (2000-2010) a Average Maximum Minimum Yield Yield Yield County (bu/ac) (bu/ac) Year (bu/ac) Year Adair 38 46 2004 27 2008 Andrew 40 47 2004 29 2003 Atchison 44 55 2009 30 2002 Audrain 38 47 2004 29 2005 Barry 32 47 2008 23 2002 Barton 29 37 2009 16 2000 Bates 32 45 2009 18 2000 Benton 32 46 2004 20 2003 Bollinger 33 45 2008 21 2007 Boone 36 44 2004 27 2003 Buchanan 41 49 2004 28 2003 Butler 39 45 2008 33 2000 Caldwell 34 46 2004 16 2003 Callaway 38 46 2004 27 2003 Cape Girardeau 40 47 2008 32 2007 Carroll 40 48 2004 27 2003 Cass 32 41 2009 19 2003 Cedar 28 40 2004 17 2002 Chariton 39 48 2009 28 2003 Clark 39 48 2004 34 2001 Clay 38 48 2004 23 2003 Clinton 41 50 2004 20 2003 Cole 39 49 2004 31 2003 Average Maximum Minimum Yield Yield Yield County (bu/ac) (bu/ac) Year (bu/ac) Year Cooper 37 47 2004 27 2005 Dade 30 41 2009 16 2000 Dallas 32 32 2010 32 2010 Daviess 35 46 2004 17 2003 De Kalb 37 45 2007 18 2003 Dunklin 32 43 2009 20 2000 Franklin 38 45 2004 31 2007 Gasconade 37 43 2008 28 2003 Gentry 36 47 2005 20 2003 Greene 31 38 2004 20 2002 Grundy 36 44 2004 21 2003 Harrison 38 47 2004 20 2003 Henry 31 45 2004 18 2002 Hickory 31 42 2004 20 2002 Holt 43 51 2009 32 2003 Howard 40 47 2009 32 2003 Jackson 35 43 2004 20 2003 Jasper 30 41 2008 13 2000 Jefferson 37 43 2008 28 2007 Johnson 33 50 2004 17 2003 Knox 40 46 2004 32 2008 Laclede 39 44 2004 28 2005 Lafayette 43 52 2004 28 2003 Lawrence 30 42 2009 22 2000
Average Maximum Minimum Yield Yield Yield County (bu/ac) (bu/ac) Year (bu/ac) Year Lewis 39 50 2004 34 2008 Lincoln 39 48 2010 31 2007 Linn 36 46 2009 18 2003 Livingston 36 43 2004 19 2003 Macon 39 49 2004 27 2003 Madison 30 30 2010 30 2010 Maries 33 40 2004 26 2006 Marion 41 50 2004 35 2003 Mercer 36 44 2004 24 2008 Miller 38 47 2010 33 2006 Mississippi 39 46 2009 34 2007 Moniteau 36 47 2010 22 2003 Monroe 38 50 2004 26 2003 Montgomery 39 48 2010 27 2007 Morgan 35 48 2004 21 2003 New Madrid 37 45 2009 31 2007 Newton 29 41 2009 19 2000 Nodaway 42 51 2005 30 2003 Osage 41 47 2010 33 2003 Pemiscot 35 45 2009 23 2000 Perry 40 47 2009 32 2007 Pettis 34 49 2004 21 2003 Phelps 41 48 2008 35 2001 Pike 39 48 2010 27 2007 Platte 40 51 2004 26 2003 Polk 32 43 2004 20 2000 Average Maximum Minimum Yield Yield Yield County (bu/ac) (bu/ac) Year (bu/ac) Year Pulaski 30 30 2005 30 2005 Putnam 38 44 2005 28 2008 Ralls 39 50 2004 27 2005 Randolph 38 47 2009 27 2003 Ray 37 44 2009 26 2003 Ripley 33 39 2004 27 2006 Saline 44 51 2009 34 2003 Schuyler 37 48 2004 27 2008 Scotland 40 48 2004 32 2008 Scott 39 46 2008 31 2000 Shelby 40 48 2004 32 2008 St. Charles 44 50 2004 36 2002 St. Clair 29 38 2010 16 2000 St. Francois 39 49 2010 32 2006 St. Louis 42 50 2010 37 2003 Ste. Genevieve 41 50 2008 34 2006 Stoddard 40 48 2008 35 2007 Sullivan 36 45 2004 22 2003 Vernon 29 42 2009 15 2002 Warren 39 48 2010 28 2007 Wayne 29 35 2008 16 2007 Webster 37 43 2008 32 2010 Worth 37 46 2004 24 2003
Other Types of Soybeans g Low Linolenic Soybeans When processed low linolenic soybeans produce less than half the level of linolenic acid than traditional soybeans. This reduces the need for further processing which increases the level of trans fats. Non GMO Soybeans Non-GMO (genetically modified organism) can include any soybeans that have not genetically modified through biotechnology. Growers may be able to sell non-gmo soybeans at a premium to buyers Information Sources: a USDA NASS http://www.nass.usda.gov/data_and_statistics/quick_stats_1.0/index.asp (used total production in bushels to determine rank) b USDA ERS http://www.ers.usda.gov/data/biotechcrops/ c USDA ERS http://www.ers.usda.gov/data/arms/app/ d USDA NASS www.nass.usda.gov/statistics_by_state/missouri/publications/crop_progress_and_condition/i ndex.asp e University of Missouri Food and Agricultural Policy Institute Source: http://agebb.missouri.edu/mgt/budget/index.htm f USDA GIPSA http://archive.gipsa.usda.gov/reference-library/standards/810soybean.pdf g University of Illinois http://web.aces.uiuc.edu/value/factsheets/soy h 2010 Soya & Oilseed Bluebook http://www.soyatech.com/ i National Biodiesel Board http://www.biodiesel.org/ j Soybean Checkoff http://www.soybeancheckoff.com/