Economics

How Do We Close the Soybean Yield Gap?

This Illinois Soybean Association checkoff-funded project, led by Dr. Jay Nair of Southern Illinois University, uncovers how field-specific management practices may hold the key to closing the gap between average and record-setting soybean yields.

By |October 10, 2024|

International Benchmarks for Soybean Production

This farmdoc article analyzes yield, gross revenue, and costs across soybean farms in Argentina, Brazil, Russia, Ukraine, and the United States, finding notably higher figures for U.S. farms. Overall, the period from 2018 to 2022 was profitable for soybean production across most farms, except for the typical farm in Canada, exhibiting a positive economic profit.

By |March 18, 2024|

Farm Policy and the Brief Saga of Soybeans, Part 2

From farmdoc: Jonathan Coppess provides a regional overview of soybean adoption by American farmers, spanning over a century. He explains how the pace of adoption and the changes in crop rotations were not uniform among the states and crops.

By |January 23, 2024|
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