Expert Advice From David Asbridge

Chuck Zimmerman

dave-asbridgeLet me introduce you to the David Asbridge and his United Soybean Board, Expert Advice column – Market Production Analysis & Market Outlook. David operates NPK Fertilizer Advisory Service, an independent consulting firm that covers the crop and fertilizer markets, both domestically and globally. Here’s an excerpt from his current column.

The already record large U.S. soybean crop just keeps getting bigger, at least according to the United States Department of Agriculture (USDA) in its latest monthly supply-demand report. The department now expects U.S. soybean production to reach 3.32 billion bushels for 2009. This represents a 3.8 percent increase over the previous record set in 2006 and nearly 12 percent higher than last year’s crop. USDA bases this production estimate on the record 77.5 million acres planted this year coupled with a record 43.3 bushel per acre yield. The yield is 0.2 bushels per acre higher than the previous record set back in 2005.

David is one of several Expert Advice columnists I’ve had the opportunity to introduce you to over the past couple weeks. Producers can got to the website, read the information and submit questions and get answers.

Ag Groups, Soybean, USB