Soyabean News: On fresh buying the soyabean oil rises.
At the wholesale oils and oilseed market soyabean oil prices firmed up by Rs 50 per quintal on fresh buying by Vanaspati millers.
However, other non-edible and edible oils moved in a narrow range in limited deals, settled around previous levels.
Soyabean News: Global market lift soyabean futures by Rs 42.
As participants widened positions, taking positive cues from global market, Soyabean futures traded higher by Rs 42 to Rs 3,812 per quintal today.
Reports of a firming trend in global markets mainly lifted soyabean prices at futures trade, said Marketmen.
At the National Commodity and Derivatives Exchange, soyabean delivery for most-active January rose by Rs 42, or 1.11 per cent, to Rs 3,812 per quintal, with an open interest of 93,110 lots.
Soyabean for delivery in December advanced by Rs 33, or 0.90 per cent, to Rs 3,707 per quintal, having an open interest of 72,950 lots.
MoU signed for providing quality soyabean seeds
Rajasthan State Seeds Corporation (RajSeeds) has signed an MoU with Maharashtra Seeds corporation for ensuring availability of soybean seeds during the Kharif crops season.
"The MoU has been signed with the Maharashtra Seeds Corporation for providing farmers soybean seeds of high quality.
As much as 30,000 quintal seeds will be exchanged between Rajasthan and Maharashtra under the MoU," RajSeeds MD Sewaram Swami said.
After testing of samples, high quality seeds will be provided to farmers, he said.
EPA Approves Seed Treatment to Protect Against Soybean Sudden Death Syndrome-Nematodes
US - The U.S. Environmental Protection Agency (EPA) has approved Bayer CropScience's application for the registration of ILeVO®, the only seed treatment that protects the root system against infections caused by the Sudden Death Syndrome fungus and has activity against dangerous nematodes in the seed zone.
Soybean growers across the country are constantly looking for ways to protect their crops from the fungus that causes Soybean Sudden Death Syndrome (SDS) and nematodes, specifically the Soybean Cyst Nematode (SCN) – two of the top five soybean yield robbing pests. In 2014 environmental conditions were such that growers experienced higher than normal pressure from SDS. Until now, there was no seed treatment available to protect soybean plants against both SDS and nematodes.
“Our field trials have shown that soybean seeds treated with ILeVO early in the season give valuable yield benefit across geographies and seed varieties,” said Jennifer Riggs, Bayer SeedGrowth product development manager. “Bayer CropScience is very excited to bring the first seed treatment fungicide/nematicide solution for SDS and major nematodes to the market.”
During research and field trials from 2011-2014, ILeVO was used on 181 fields with visual symptoms of SDS. In those trials, yield benefits ranged from 4 to10 bu/A over current fungicide/insecticide seed treatments. Even when visual symptoms are not present, the results estimated growers could see an average yield increase of 2 bu/A when using ILeVO as part of an early season management approach.
ILeVO Comparison crop
SDS is a major issue in soybean-growing regions, causing massive destruction to soybean growers’ crops all across the United States. First seen in Arkansas in 1971, this deadly disease now has been documented in nearly every state that grows soybeans – and the stakes couldn’t be higher. According to the United Soybean Board, from 2009 to 2011, average losses from SDS in the United States were estimated at 42 million bushels per year, and the disease is spreading and intensifying.
The impact on yield depends on the growth stage at the onset of symptoms, as yield losses are greater when symptoms develop in early reproductive stages. By protecting the root system early in the growth stages, specifically the seed zone, against the SDS fungus and nematodes, it allows the plant to be healthier from the start for higher yield potential. Previously, growers had limited options when it came to SDS management: seed variety tolerance and delayed planting dates. By adding ILeVO to their Integrated Pest Management (IMP) program, growers can achieve higher yields at harvest.
Daren Mueller, assistant professor at Iowa State University said that growers should focus on an integrated approach to SDS management.
“While we do have some levels of resistance to the disease in many of the maturity groups, there are no soybeans that are completely immune to SDS. Having an integrated management approach with the addition of products such as ILeVO would provide a sound set of tools for growers to protect their crop when resistance may not be enough. We’ve tested ILeVO, and it appears to be a very effective product in preventing damage from SDS,” stated Mueller.
ILeVO and Poncho/VOTiVO® combine for unmatched root and plant protection with three modes of action against early-season fungus, insects and nematodes to deliver higher yield potential. ILeVO seed treatment is applied to the seed, which means less direct exposure to the environment compared to other crop protection methods of application. ILeVO is available for the 2015 growing season.
New Monsanto offering: Omega 3 fortified soyabean
August 28, 2014:
US biotech firm Monsanto is now trying to connect with consumers of food products with its latest offerings in pipeline.
The St Louis-based firm is now looking at introducing soyabeans that are rich in
Omega 3 and have lower transfatty acids.
“We are in the final phase of getting regulatory approval to these two new products and hope to get it completed in 12-18 months,” said Robert T Fraley,
Executive Vice-President and Chief Technology Officer, Monsanto Company.
The bean which will be rich in Omega 3 has been branded as Soymega. Omega 3 is a fatty acid found in fish, some seeds and nuts.
These acids are required for better functioning of the body and provide health benefits such as reducing risk of heart disease.
Fraley said the Omega 3 gene for Soyamega has been derived from an algae. The other soyabean product will be free of trans fatty acid and has been named
It has got a health profile like olive oil, according to Fraley. One product in the pipeline and of interest to India could be wheat which is resistant to weeds, pests and is tolerant to drought.
Monsanto is in the final phase of development of Bolgard III cotton and it could be launched commercially in 2016.
This cotton trait will have resistance to pests such as boll worm, pink worm and army worm.
"Agriculture of future cannot be seen alone through farming. Gujarat gave us the milk model, similar model needs to be replicated for fruits and vegetables, job creation, income and inclusiveness will come together.