Mike Staton, MSU Extension soybean educator, addresses the topic of Reducing Soybean Production Costs in 2019. Soybean market prices for the 2019-2020 marketing year are projected to be below the breakeven price when land costs are included. Because of this, producers will need to minimize production costs and maximize efficiency.
Michigan State University Extension has compiled a list of management practices for reducing soybean production costs without significantly affecting yields to help producers respond to the low market price. The latest MSU Extension recommendations will be covered on the
2019 Field Crop Webinar Series and supporting research results will be presented where available.