Soybeans were scouted at the R1 growth stage and slimy, watery, and white rounded masses were observed in patches on the lower stem and branches. Initial assumption of injury was white mold.
Conclusion
This issue was confirmed by an NC State Extension Specialist as Slime Mold. Slime mold comes from the species Physarum, which are non-pathogenic organisms. Therefore it is not labeled as a disease. These non-pathogenic organisms are specifically saprophyte organisms, which are not a threat to the crop as a whole.