To meet the projected soybean demand of 2030, growers would have to add 168 million acres of soybeans to existing production if global yields remained the same as today, or double those yields to 59.5 bushels per acre to harvest enough soybeans on today’s acreage.
Biotech crops show promise to double or triple the current rate of yield increase in corn, and match or exceed the average 0.5-bushel-per-acre annual increase in soybean yields.
CTIC is leading a new effort to pilot a phosphorus load reduction market in the Western Lake Erie Basin (Maumee, Sandusky, and Cedar-Portage watersheds, see map). Growers within the indicated watersheds are now being sought to
participate in this pilot market.