Manitoba producers planted a record number of soybean acres in 2010, and the result was a record crop.
“The soybean crop seemed to handle the excess moisture as good as any crop did, and the growing conditions were such that it allowed that type of plant to produce well,” said Roger Kissick, a product manager with Linear Grain in Carman.
According to the crop production report released by Statistics Canada Dec. 3, Manitoba grew 435,400 tonnes of soybeans in the 2010-11 crop year, compared to 321,100 in the 2009-10 crop year.
Although the crop handled the excess moisture quite well, Kissick said there was a little bit too much precipitation, and that caused for some drowned-out areas.
“With the drown-out areas, a 160-acre field averaged 40 bushels per acre. If not for the drown-out, it would have averaged 50 bushels per acre,” he said.
Kissick said the crop was also above average in terms of quality. He said that would not have been the case if it wasn’t for the four weeks of dry weather Manitoba received from last week of September to the middle of October.
Kissick expects to see even more soybeans planted in the upcoming crop year.
“They (producers) will plant more. We are coming off of wet conditions in Manitoba, and soybeans have proven themselves to be a crop that handles moistures well. They handle the moisture far better than canola,” he said.
Prices for soybeans are also favourable for producers right now, according to Kissick. He said current prices are about $11.50 per bushel, while new crop prices are in the $10.50-per-bushel range.
Manitoba wasn’t the only province to have an above-average soybean crop, as Ontario also produced a record amount of soybeans.
Despite the large output of product, Kissick said the market will not be affected by Manitoba’s (or Ontario’s) high yields.
“Not even a little bit. What Manitoba produces is such a minuscule amount, it doesn’t affect the market a bit! We are a drop in the bucket compared to the rest of the world,” he said.
“We are like a leaf floating beside the sailboat. What we do has no effect on where the market goes.”