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Soybean market on fire

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    #11
    Originally posted by burnt View Post
    Some soys came off over the weekend - no dust flying. A neighbor who toured to Chatham on Saturday said that one field he saw being harvested had water standing between the rows.

    One BTO in southern Ontario reportedly filled a couple of silos with 28% soys on the weekend. An elevator employee said he wasn't sure how those would come out but they were about to try, 3 or 4 days after.

    Lots of horror stories this fall. First time in over 40 years of farming that all my corn went grade 4 and 5. And one of the lowest yields I've had in that entire time.
    Do you put suplemental heat through aeration fans to dry soybeans?

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      #12
      Originally posted by Oliver88 View Post
      Do you put suplemental heat through aeration fans to dry soybeans?
      Perhaps the terminology is different in the east, but when I hear silo, I think of really tall bins originally intended for silage. And if you filled one of those, I can't imagine any fan being powerful enough to overcome that kind of back pressure. Let alone enough volume to dry with supplemental heat. But then I've never dealt with soybeans, being a big seed, they may have a lot more voids, and much better airflow than what we are used to?

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        #13
        Originally posted by Oliver88 View Post
        Do you put suplemental heat through aeration fans to dry soybeans?
        I would think they would have to dry them with heat at those levels. Being an elevator, they would run that quantity through a dryer.They would go for crusher beans though, I'm quite sure.

        In my experience, I've only had to take them down 3 points at the most (last year), which I managed to do throughout the winter with just air on the rights days and nights with a close eye on humidity. They went in at 16.8, came out at 13.5, which I attribute more to good luck than good management, LOL!

        Food grade soys - which mine are - can only be air dried to avoid seed coat damage, I'm told. But I know guys with stirrator/dryer bins who turn on just enough heat to take it up to 90F, and still got the premium.

        It really all depends on how badly the buyer needs the beans. I know, I know - shocking.

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          #14
          Originally posted by AlbertaFarmer5 View Post
          Perhaps the terminology is different in the east, but when I hear silo, I think of really tall bins originally intended for silage. And if you filled one of those, I can't imagine any fan being powerful enough to overcome that kind of back pressure. Let alone enough volume to dry with supplemental heat. But then I've never dealt with soybeans, being a big seed, they may have a lot more voids, and much better airflow than what we are used to?
          You would be correct. These silos are concrete and huge, often 100' or more in height and some unbelievable diameters now. Big fans on them, but there's got to be a limit of how much air they can push through beans that wet. The guy who told me about those wet beans coming in was not smiling when he said it. I've seen wet crap sit in a truck or wagon for a couple of days and had to get in and kick it out.

          An example of a big silo - my sons are electrical contractors and built PLCs for an elevator some distance from here, plus did the wiring. The latest silo the chap added is 86' diameter by 130' high. Supposed to hold well over 1/2 million bushels of corn.

          His unloading pit is a massive cavern over which 2 semis can park, side by side. It takes it away fast enough that they can both open their hoppers and dump at the same time and then move forward to open their second hopper.

          You gotta wonder just how big and fast it can get.

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            #15
            Originally posted by caseih View Post
            is there still a chance you can get them ? , a friend i talk to often around london, Ont. just finished his corn
            I’ve seen them stay out all winter without too much loss. At this point I’d prefer to just let them rot and avoid the harvest costs but I’m sure crop insurance will want me to at least make it look good. Sounds like a couple days of rain and +10 next week, maybe if the snow melts the ground will freeze before any more comes

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              #16
              I wish you good luck, Dalek.

              In 92, the year of no summer, on Christmas eve day we harvested a field of soys for a chap cuz insurance said so. I think he got 18 bushels.

              That was just weird.

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                #17
                I’m surprised they got 28% beans into a wet bin, I’ve seen them at 25-26 turned to meal by the time they hit the combine hopper and have to be shovelled out.

                I was somewhat surprised, all my corn made grade 2 except one farm. 25-28% moisture and poor yields though. Adzuki beans went maybe 500 lbs gross and there’ll probably be 20% pick when I deliver them even after I cleaned them

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                  #18
                  Originally posted by burnt View Post
                  I wish you good luck, Dalek.

                  In 92, the year of no summer, on Christmas eve day we harvested a field of soys for a chap cuz insurance said so. I think he got 18 bushels.

                  That was just weird.
                  We were rolling 35% corn and putting it in an Agbag the day before that, then Christmas Eve it turned to a -45 windchill and I had to drive an OS tractor home from the dealer 20 miles into the north wind the whole way so the cows would get fed over the holidays

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                    #19
                    Originally posted by furrowtickler View Post
                    Sure hope soybeans go to $15 / bus so I can break even on mine lol .
                    Soybeans and corn will be interesting to watch the next 60 days .
                    I thought for certain a rally would have happened back in early November but enough corn and beans were still coming off in the US to keep the market happy
                    Grew them two years ago... would have needed $70/bu to break even. Bahaha, thank christ I only did 80 acres!

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                      #20
                      I wasn't there, didn't see it, just what the guy on the ground there said - who knows? They would be worse than jelly beans at that moisture. Another report about 10 miles from here said some came off in his 'hood on the weekend at 25 -26, so there's some framework there.

                      My corn went in May 31, June 1 and June 3rd. Tough soil and planting conditions, 28-32 moisture. My soys went in about June 7 -8, went 40 bu. Nice, bright beans though. Within a 15 mile radius, the soys went from 28 to 63, from what I heard. Some guys got that extra shower or two.

                      It rained here until the last week of May and then just about turned off the taps until late August.

                      I'm grinding and feeding some spilled, wet corn to calves and a 20L bucket of chop feels like it's full of feathers.

                      I think it's pretty common that yields are off by 30%. But what we grow in Ontario doesn't amount to a hill of beans, if you will...
                      Last edited by burnt; Dec 5, 2019, 20:39.

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