The name of the game among producers in commodity markets is to support prices by winding down stocks. In this blog post we begin by exploring this relationship and then illustrate the lengths that producers, should, in theory, go to achieve tight stocks. In short, the relationship between ending stocks and price is often so…
Details
During the NC Commodities Conference, two NC soybean growers were awarded for their service and dedication to the association and the industry throughout their board tenure. Jacob Parker was awarded the third annual Dr. Jim Dunphy Industry Award after serving on the NC Soybean Producer’s Association board for over 20 years. Starting as a state…
Details
This week the agriculture community had two major victories in trade with the signing of the China Phase 1 deal and Congress’ passing of USMCA. The House of Representatives passed USMCA 385-41 in December before they left for recess after over a year of back and forth negotiations. The Senate was able to take up…
Details
The NC Soybean Producers Association held their 53rd Annual Meeting during the NC Commodities Conference last week. President Jeff Tyson called the meeting to order on Thursday January 9th, 2020 and began updating the growers in the state on the happenings of the association of the past year. During the meeting, seven growers from across…
Details
Reginald Strickland of Mt. Olive, NC has been appointed to the United Soybean Board by the Secretary of Agriculture, Sonny Perdue. The U.S. Department of Agriculture (USDA) announced the appointment, along with 42 other grower appointments, earlier this week. Strickland will be serving his first three-year term. “It is a privilege to be representing…
Details
JOCO Works 2019 During the week of November 11th, Johnston County “JOCO Works 2019” hosted its first Career Expo at the Johnston Community College campus in Smithfield, N.C. There were approximately 4,000 eighth grade students, teachers, school administrators, parents, industry leaders, and volunteers attending the expo on November 14-15, 2019. Those students were from public…
Details
Soybean farmers from across the state left their combines and fields to join each other in Durham at the beginning of the week for the NC Soybean Producers Association Board of Directors Annual Fall Meeting. While some board members were not able to attend so they could get a few extra hours in before the…
Details
This year at the NC State fair was the first time the NC Soybean Producers Association participated in the annual cooking contest. Spectacular judges were on board, who knew how to critique each flavor as a “work of art.” Eight soybean dishes were submitted for the contest. Ken Smith from WRAL-TV and FOX 5 news,…
Details
Six NC State University students have been selected as the 19-20 Soybean Scholarship recipients form NCSPA. Funded by the soybean checkoff, these scholarships are awarded annually to students majoring in agriculture or related fields. Each recipient received a scholarship ranging from $2,500-$5,000. NCSPA’s Research Committee, that oversees the scholarship, review the anonymous applications from the…
Details
Since record-keeping began in 1851, the daily probability for a named storm being present in the Atlantic Basin peaks on September 10th. While that day has come and gone, and the state’s agricultural interests dodged a bullet in Hurricane Dorian the Atlantic hurricane season does not end until November 30th – making now a good…
Details
As the end of the season draws near we’ve gotten some questions about estimating soybean yields. For some, this is because their crop looks good and they are excited to see what their yields may be, while for others this is because they are prepping themselves for disappointment, as weeks of dry weather have taken…
Details
Alumni, students, friends, and family all joined in the fun of the 7th Annual NCSU Ag Day Football at Carter-Finely Stadium on Saturday, September 7th. As a part of the festivities, some 1100 fans attended the CALS Tailgate and enjoyed the many exhibits surrounding the field at Close-King Indoor Practice Facility. There, fans looking to…
Details