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Soybean harvest underway

Reported by: Wayne Hereford
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Updated: 10/30/2013 7:07 pm
PLANTERSVILLE, Miss. (WTVA)-- Soybean farmers across north Mississippi have been busy the last few days.

It's harvest time and farmers are gathering their crops to sell for the year .

In a field along Highway Six south of Plantersville, the dust was flying as the soybeans were being harvested.

"We've cut 700 hundred acres, and we average right at 40 bushels an acre," said Kenneth Oswalt, a local soybean farmer.
The 74-year-old says it's a good year, but he's seen many bad years in the soybean business.

Oswalt says he will farm 1,000 acres of soybeans in Lee County.

The farmer is contracted to sell his soybeans at $13 a bushel.

"I thought $13 was a pretty fair price," said Oswalt

He says last year, farmers were getting $17 a bushel, but that was an exceptional year. 

It sounds like a lot of money, but you have to factor in that it costs $70 an acre just for the soybean seeds. 

According to Oswalt, the total runs about $250 an acre for seed when you add other expenses of planting.

Because rain is in the forecast, Oswalt says he will not likely get his remaining 400 acres harvested before then.

Oswalt, an appointee to the U.S. Farm Service Agency, says soybeans have replaced cotton as the major cash crop in Mississippi.
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