To learn how to successfully—and holistically—manage risk, visit FarmRiskResources.com. In an increasingly turbulent agribusiness climate, it’s essential that you’re informed and forward-thinking. We’re here to help.
At FarmRiskResources.com you’ll learn how to:
- Assess, evaluate and manage risks
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- Access tools, videos, events and other valuable risk management resources
On top of all of this, you’ll gain the skills and knowledge you need to make strategic decisions that strengthen your business. Start exploring FarmRiskResources.com today!
This valuable tool is brought to you by the Indiana Soybean Alliance® and Purdue University Center for Commercial Agriculture.
For more information, visit FarmRiskResources.com.
This report is a compendium of Indiana’s transportation and agricultural infrastructure at the state and county level. The major transportation infrastructure including roads, railroads, navigable waterways and bridges with a sufficiency rating of less than 80 were identified and mapped along with the agricultural features for each of Indiana’s 92 counties.
To see a report on a county's infrastructure, click on the county.
With its highways, railroads and waterways, Indiana is positioned to be a leader in delivering soybeans and soy products to customers within state borders, throughout the country and across the world.
Ensuring those markets – both domestic and international – remain viable is the focus of ISA’s Grain Marketing initiative. From working to identify value-added opportunities and resources for Indiana soybean farmers to funding research that addresses the importance of transportation infrastructure to agriculture, ISA is committed to keeping Indiana’s soybean industry viable.
International trade is at the top of mind for Indiana soybean farmers. With 150 million bushels of Indiana soybeans leaving our country in 2011 (in the form of whole soybeans – 21 million bushels, soybean meal – 113 million bushels, and soybean oil – 16 million bushels), sustaining strong markets internationally remains very important.
In a recent Ag Trade Study, funded in part by ISA, it was found that soybeans and related products accounted for half of Indiana's agricultural exports in 2010, totaling $1.7 billion. These exports generated an estimated $1.1 billion in economic ripple effects, supporting an estimated 17,700 jobs throughout the state.
ISA partners with several organizations to make sure Indiana is represented in the global market.
USSEC -The U.S. Soybean Export Council is a partnership of key stakeholders representing soybean producers, commodity shippers, identity preserved value-added merchandisers, allied agribusinesses and agricultural organizations.
The USSEC Soybean International Buyer's Guide covers quality, procurement, transportation and risk management.
The World Initiative for Soy in Human Health (WISHH) is a program of the American Soybean Association (ASA), and brings the benefits of U.S. soy protein to developing countries where it can make a difference in lives today and in the future.
USDA Foreign Ag Service (FAS) - The USDA FAS is charged with providing assistance to buyers and sellers of U.S. agricultural products. Several programs provide funding for technical assistance, market research, consumer promotions, trade servicing and educational seminars.
- Click here for information about Indiana's 2014 soybean production.
After harvest, soybean farmers have several options to where their beans go next: on-farm storage, a country elevator, a container yard, a barge terminal, a shuttle elevator or a soybean processor. This makes transportation ever more important to our state.
Compared to other states, Indiana ranks 3rd in soybean processing and 4th in soybean production.
Of the 238 million bushels produced in 2011, 208 million bushels were crushed into oil and meal for use for livestock feed, biodiesel, industrial uses, and human consumption; 7 million bushels were used for seed; and 23 million bushels were shipped for out-of-state use.
Of the 51 million bushels shipped out of state, 65% were shipped by rail and 34% were shipped by barge with the major destination being the port of New Orleans.
2011 Indiana Soybean Markets
Source: Informa Economics
For Indiana soybean production facts visit the Production and Research Facts.