Recent Updates

Crop Progress – Tennessee and U.S.

Author: Chuck Danehower, Extension Area Specialist - Farm Management No Comments

RAINS IMPROVE CROPS OVERALL; SOME INSECT CHALLENGES

Earlier rains brought welcome relief to crop and pasture conditions. Corn harvest has started and, so far, has shown low moisture and good yields. Soybeans are dropping leaves in some areas and cotton continued to develop well. Farmers in southern Middle Tennessee were challenged with controlling sugarcane aphids and army worms, cutting hay fields that are infested and applying controls as necessary. Continue reading Tennessee NASS report at TN_08_29_16. The U.S. Crop Progress report can be read at CropProg-08-29-2016.

Print Friendly

UT Commodity Market Update 8/26/2016

Author: Danny Morris, Ext Area Specialist - Farm Management No Comments

Corn: Corn futures have traded $0.29 lower since the market’s open on Monday morning. Farm Journal has just released the results of the Pro Farmer 2016 Crop Tour. Their estimated national yield for corn is 170.2 bushels per acres. That is less than the USDA August 12th estimate of a national yield of 175.1 bushels per acre. Illinois was projected to have an average yield of 194 bushels per acre for the corn crop planted there. Currently, the USDA estimates the average yield for Illinois to be 200 bushels per acre. Continue reading

Print Friendly

Tennessee Market Highlights

Author: Chuck Danehower, Extension Area Specialist - Farm Management No Comments

Corn, soybeans, and wheat were down; cotton was mixed for the week. The 2015/16 corn and soybean marketing year comes to an end August 31 and exports are estimated at 1.925 billion bushels and 1.88 billion bushels for corn and soybeans, respectively. Corn exports are well below the all-time record of 2.437 billion bushels exported during the 2007/08 marketing year, while soybeans set a third consecutive all-time record. Both commodities are expected to increase export sales for the forthcoming marketing year. Continue reading at Tennessee Market Highlights.

Print Friendly

Crop Progress – Tennessee and U.S.

Author: Chuck Danehower, Extension Area Specialist - Farm Management No Comments

TOBACCO IN NEED OF DRIER CONDITIONS

While frequent rains benefitted the condition of most crops in the State, it also delayed the topping and cutting of tobacco. The tobacco crop has been plagued with leaf spot, rot diseases, and armyworms, which have reduced grower’s yield and quality expectations. Some corn harvest has begun with good yields reported. Continue reading Tennessee NASS report at TN_08_22_16. The U.S. Crop Progress report can be read at CropProg-08-22-2016.

Print Friendly

UT Commodity Market Update

Author: Danny Morris, Ext Area Specialist - Farm Management No Comments

Corn: Corn futures have traded $0.13 higher since the market’s open on Monday morning. Corn futures have closed higher for six days straight. The USDA report from last week left room for the market to become more bearish with a projected national yield of 175.1 bushels per acre. However, after sifting through the report, it appeared that the trade was already trading the expectations of a high national yield. Some analysts are beginning to question the methods that USDA used to come up with their yield figures. Many are pointing to the fact that the estimate is based on a record ear size that excludes a kernel count.

Continue reading

Print Friendly