Well your population is way low. If you are just planting 140,000 your final could very well be under 125,000. Soybean germinations are not as good as corn. Also young seedlings die more often.
If your ground is border line on anything that soybeans need to grow then you need a high population to get more beans plants and pods per acre.
I have some real good black ground that you could plant 100,000 and still get 40-50 BPA. The ground has way more natural fertility than the beans need. So plants will pod like crazy so you have high pods counts even with lower populations. In this ground I have had some five bean pods.
In my more marginal ground you have to plant more seeds because the plants can't grow tall enought to get the pod counts you need.
Before we started using Round UP ready beans I routinely planted two bushels per acre. I shot for planting rates of 200k-220k and final stands of over 180K. So even with just the public bean varieties I could still get 40-50 BPA.
The last few years there has been an income drag on beans compared to corn. That will reverse when these record high prices fall. THEY WILL fall sometime. The fools paying $485 dollars an acre cash rent will really get hit when the prices turn. Also the input cost of corn have been steady eating up the "big" profit some guys got the first year or two of these high prices.
I can remember hauling corn just three years ago in Aug. and it was selling for $3.50 cash. Then Russia announced that their black wheat crop was a failure and they would not be exporting anything. That caused a world wide shortage of feed grains. That drove the price up. These guys that think that Ethanol has driven up the price of corn to these record prices are fooling them selves. The ethanol may have added .50-.75 per bushel to the price but not the several dollars we have seen.
Here is a statement an old economics Professor told me in a class almost forty years ago. " I have never seen a commodity that the American farmer can't produce into worthlessness." He has been proven correct too many times. When the prices get good in one commodity we farmers run out and produce that commodity until there is surplus. Then we scream to Uncle Sam to bale us out of our foolishness.
All it is going to take is good weather world wide for one year for it to happen. These high prices have made corn be grown in places where it was never was grown before. Places you would never think of being a grain producing area. One of these to me was South Africa. They started exporting corn this last year.
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Today's Featured Article - Identifying Tractor Smells - by Curtis Von Fange. We are continuing our series on learning to talk the language of our tractor. Since we can’t actually talk to our tractors, though some of the older sect of farmers might disagree, we use our five physical senses to observe and construe what our iron age friends are trying to tell us. We have already talked about some of the colors the unit might leave as clues to its well-being. Now we are going to use our noses to diagnose particular smells. ELECTRICAL SMELLS
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