SBM prices

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SBM prices

Postby Seven333 » September 3rd, 2011, 7:41 pm

What's everyone paying for soybean meal these days? I was at my local feed mill and a 100# bag was up to $23.50...that seems pretty steep.

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Re: SBM prices

Postby MorpheusPA » September 3rd, 2011, 8:36 pm

$15.50 for 50 pounds, or $31 for 100. That IS pretty steep, actually, but prices are up this year and likely to go...er, upper...again next year.
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Re: SBM prices

Postby versstef1 » September 3rd, 2011, 8:38 pm

16.50 / 50 lb ... Orlando FL

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Re: SBM prices

Postby Bavaria » September 3rd, 2011, 8:53 pm

Del. farmers grow soy. I need to get my sicle bar out for the 7.6 tractor and head for southern Del. $16.80 50 pds.
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Re: SBM prices

Postby Grimm » September 3rd, 2011, 9:00 pm

Just paid $25 for 100 yesterday. It was $20 last year.
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Re: SBM prices

Postby Seven333 » September 3rd, 2011, 9:06 pm

Corn was up to $18.50 for 100# while alfalfa was $19.50. Pretty sure corn was only $10.50 a year or 2 ago. I really want to switch to organics once my soil deficiencies are corrected but these prices make the switch painful!

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Re: SBM prices

Postby UMCheez » September 3rd, 2011, 9:20 pm

I think farmers got hit pretty hard this year between flooding and heat. I drive past some fields that were totally filled with water from the Missouri River flooding this year. It looked like a lake, and the guy lost all of his corn except for a few acres in the back.
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Re: SBM prices

Postby versstef1 » September 3rd, 2011, 9:24 pm

Your prices are very low if they are for 100 lbs. why do you consider that painful? I paid $33 for 100 and was happy with that!

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Re: SBM prices

Postby Bavaria » September 3rd, 2011, 9:27 pm

Corn is expensive to grow, U of Del had an article about a year ago about testing the minimal amount of fertilizer that can be used to grow corn without runoff of excess. What is prices on sythetics as far as increases.
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Re: SBM prices

Postby Seven333 » September 3rd, 2011, 9:47 pm

versstef1 wrote:Your prices are very low if they are for 100 lbs. why do you consider that painful? I paid $33 for 100 and was happy with that!

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It's painful because I need like 500 pounds to get a full pound of N! That's nearly $100 per application, compared to about $50 for synthetic. A 50# bag of 19-19-19 costs me $17, which is also a good bit higher than last year.

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Re: SBM prices

Postby xxryu139xx » September 3rd, 2011, 9:57 pm

i saw a news report awhile ago that says all the prices on grain are being driven up due to the ever increasing demand of China. Apparently the US has been the #1 supplier of grains to China, since its the one thing China cannot produce on their own to satisfactorily meet their needs besides oil.
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Re: SBM prices

Postby versstef1 » September 3rd, 2011, 10:28 pm

Seven333 wrote:
versstef1 wrote:Your prices are very low if they are for 100 lbs. why do you consider that painful? I paid $33 for 100 and was happy with that!

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It's painful because I need like 500 pounds to get a full pound of N! That's nearly $100 per application, compared to about $50 for synthetic. A 50# bag of 19-19-19 costs me $17, which is also a good bit higher than last year.

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how big is your lawn, just curious.
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Re: SBM prices

Postby Seven333 » September 3rd, 2011, 10:52 pm

versstef1 wrote:
Seven333 wrote:
versstef1 wrote:Your prices are very low if they are for 100 lbs. why do you consider that painful? I paid $33 for 100 and was happy with that!

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It's painful because I need like 500 pounds to get a full pound of N! That's nearly $100 per application, compared to about $50 for synthetic. A 50# bag of 19-19-19 costs me $17, which is also a good bit higher than last year.

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how big is your lawn, just curious.


It's about 30-35k sf, which is a lot of SBM!

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Re: SBM prices

Postby versstef1 » September 3rd, 2011, 11:09 pm

OMG, that's huge!
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Re: SBM prices

Postby MorpheusPA » September 3rd, 2011, 11:31 pm

Yeah, that's big enough that I wonder if organics are a reasonable solution...
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Re: SBM prices

Postby likeasponge » September 4th, 2011, 7:08 am

SBM at the local coop is $13.95 for 50lb bag, and cottonseed meal is $13.50.
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Re: SBM prices

Postby gave20 » September 4th, 2011, 8:04 am

Jut bought 400 pounds on Friday for $88.20 or $22.05/100
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Re: SBM prices

Postby Seven333 » September 4th, 2011, 8:40 am

MorpheusPA wrote:Yeah, that's big enough that I wonder if organics are a reasonable solution...


Maybe lighter organic apps supplemented with urea would be a solution. I really need to improve my soil tilth.

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Re: SBM prices

Postby jglongisland » September 4th, 2011, 9:16 am

Wow, those prices look great from LI. I pay $20 for 50 lbs of Alfalfa or SBM, corn meal at Restaurant Depot is about $16/50 lbs.
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Re: SBM prices

Postby texasweed » September 4th, 2011, 10:29 am

Prices are being driven by two things.

1. Value of the USD going down.

2. Being burned for fuel with your US tax dollars subsidizing it.

Same thing with corn.
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