Recent Updates

Tennessee Market Highlights

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

Cotton, soybeans, and wheat were up; corn was mixed for the week. Soybeans rallied this week partially due to lower than anticipated planted acreage estimates from the 2015 USDA Outlook Conference last week and the Brazilian trucker protests. Continue reading at Tennessee Market Highlights.

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Deadline for Base Reallocation/Yield Update February 27

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

The deadline for the Farm Bill Base Reallocation and Yield Update is Friday, February 27, 2015. Producers and landowners who have not made this decision at their Farm Service Agency (FSA) must at least get on an register or list at  their FSA office.  You would then schedule an appointment to come in and take care of this part of the farm bill.  Contact your FSA office for more information and to get on the list. Failure to do so will result in no choice on base reallocation or yield update.

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Tennessee Market Highlights

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

Corn and wheat were down; cotton and soybeans were up for the week. On Thursday and Friday the USDA hosted their 91st annual Agricultural Outlook Forum in Arlington, Virginia. The conference provided preliminary estimates for the 2015/16 marketing year. Domestic planted acreage for wheat, corn, and soybeans was estimated to decrease 3.1 million acres to 228 million. Planted acreage for wheat was estimated to decrease from 56.8 million to 55.5 million. Continue reading at Tennessee Market Highlights.

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2015 Mid-South Farm & Gin Show, Mid-South Ag Forum and SCGA Annual Meeting

Author: Tyson Raper, Cotton & Small Grains Specialist No Comments

fgs2015The 63rd annual Mid-South Farm & Gin Show is scheduled for February 27- 28, 2015 at the Cook Convention Center, Memphis, TN. Those two days, more than 400 exhibitors from over 40 states will be on hand showcasing the latest technology and innovation available in agriculture.  Show hours are Friday, February 27, from 9:00 a.m. to 5:00 p.m. and Saturday, February 28, from 9:00 a.m. to 4:30 p.m. More information is available at www.farmandginshow.com and the full press release can be found by clicking on the logo or the hyperlink above.

Two other events will be occurring in conjunction with the Farm and Gin Show that many will find to be of interest: Continue reading

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Ag borrowers who will struggle, part 2 by David Kohl

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

Continuation of Dr. David Kohl’s article in Corn & Soybean Digest

Recently I was a presenter at the National Agriculture Bankers Conference in Omaha, NE. For 37 years, this has been an annual stop during my Road Warrior travels. This year’s conference had over 750 agriculture bankers and lenders in attendance; the largest event in the past 20 years. Continue reading at Corn & Soybean Digest.

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Ag borrowers who will struggle, part 1 by David Kohl

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

Check out this article in Corn & Soybean Digest by Dr. David Kohl

I recently addressed the American Bankers Association National Agriculture Bankers Conference in Omaha, Nebraska for the 37th consecutive year. I tell people I started giving speeches at this convention when I was 10 years of age, but no one believes me! This Super Bowl of education and learning over four days leaves attendees chock-full of information and ideas. In many sessions, discussion ensued concerning the borrowers who were going to struggle in the coming years as agriculture economics transitions. Three specific groups to watch are those businesses that utilized too much of their profits and working capital to purchase land, those who acquired machinery to reduce income taxes and those with high debt levels. Continue reading at Corn & Soybean Digest.

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