New Opportunities for Farmers with High Oleic Soybeans
In times of tough competition, it can be beneficial for farmers to differentiate their operation from others. Monsanto Company and DuPont Pioneer have entered into agreements to provide farmers with alternative marketing options for high oleic soybeans.
Monsanto will offer a pilot introduction of Vistive Gold high oleic soybeans for the 2016 growing season. Monsanto’s partnership with Ag Processing Inc. (AGP) gives farmers the opportunity to market high oleic soybeans for a premium. AGP will work with two cooperatives, Farmers Cooperative Elevator, Arcadia, Iowa, and Aspinwall Cooperative Company, Manning, Iowa. Farmers under a Vistive Gold contract will receive an 80¢ premium for on-farm storage and 70¢ for harvest delivery. Contracts will be served on a first-come-first-serve basis.
Pioneer has entered an agreement with three processors to add more acres and marketing options for farmers with Plenish high oleic soybeans. Farmers in the Frankford, Ind., region can work with ADM; farmers in Maryland, Delaware and Pennsylvania can work with Perdue AgriBusiness and farmers around Delphos, Ohio, Decatur, Ind., and Bellevue, Ohio, can work with Bunge.
To learn more about premiums and other requirements, contact local seed reps. High oleic soybeans offer a healthier cooking oil option with zero trans fats, 20% less saturated fats and more when compared with traditional oils.
New Valent Soybean Seed Treatment
When your livelihood depends on something as fragile as a seed, it’s important to consider what you can do to protect it. Valent is offering a new seed protectant to guard against two pests: Pythium and Phytophthora. Intego Suite Soybeans is a new formulation that eliminates the need to mix chemicals prior to seed treatment, which increases efficiency. The new formulation includes ethaboxam, the newest seed protection fungicide in 35 years. The thiazole carboxamide fungicide addition means users will have dual modes of action. Valent claims using Intego Suite Soybeans will provide a 1.5 bu. per acre increase.
Equipment Rebates for 2016 Enogen Farmers
Harvest results might become null and void if grain quality suffers too much during storage or commercial and niche hybrids mix. Syngenta is partnering with Chief Agri/Industrial Division to provide rebates on grain bins for farmers who grow Enogen corn. By following specific stewardship guidelines, farmers can receive up to a 40¢ per bushel premium. One of those guidelines includes dedicated bin space for Enogen corn to avoid mixing. To help meet the need of addition bin space, Chief is providing a $0.05 per bushel rebate for Chief bins and $0.07 per pound rebate on Chief accessory equipment.
Dow Introduces Resicore Herbicide
Waterhemp, marestail and Palmer amaranth might bring up uncomfortable memories of weed escapes and yield lost in past growing seasons. Dow AgroSciences hopes to tackle those weeds with their new corn herbicide, Resicore, which is expected to receive registration in 2016. Resicore includes three active ingredients: acetochlor, mesotrione and clopyralid from herbicide groups 15, 27 and four, respectively. This residual herbicide is said to last for eight weeks after spraying. Dow claims a 97% efficacy against waterhemp, marestail, giant ragweed and Palmer amaranth in Midwest fields.