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19
Dec
2014
Tennessee Market Highlights
Author: Chuck Danehower, Extension Area Specialist - Farm Management No Comments

Corn, cotton, and wheat were up; soybeans were down for the week. On Thursday, the USDA released updated tables with long-term projections for key agricultural commodities (2014-2024). Highlights of the report for each commodity are: Corn: In 2015, planted acreage was estimated at 88 million  acres down 2.9 million acres from 2014. Marketing year average farm price for the next five years was estimated from a low of $3.40 (2015) to a high of $3.55 (2019). Continue reading at Tennessee Market Highlights.

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17
Dec
2014
TAPA Winter Agronomic Workshop and Cotton Focus
Author: Scott Stewart, IPM Extension Specialist No Comments

Mark your calendars for the TAPA Winter Agronomic Workshop (Wednesday, February 11) and Cotton Focus (Thursday, February 12).  Both meetings will be held at the Doubletree Hotel in Jackson, Tennessee.   Continue reading

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16
Dec
2014
Flexible lease: Let’s talk about the advantages and disadvantages
Author: Chuck Danehower, Extension Area Specialist - Farm Management No Comments

As commodity prices increased since 2008 there has been an interest among producers and landowners to explore the flexible lease concept. Flexible crop leases have been more in place in the Midwest, but within the last few years have seen increased interest in the Southeast and Mid-South. Continue reading at Southeast Farm Press.

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16
Dec
2014
2015 TN Cotton Variety Guide
Author: Tyson Raper, Cotton & Small Grains Specialist No Comments

2015_cotvarguide_picThe 2015 TN Cotton Variety Guide is now available online. This document summarizes results from the 2014 University of Tennessee Cotton Variety Testing program and serves as a precursor to a full release of trial results in PB 1742 to come within the next few weeks.  Continue reading

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12
Dec
2014
Tennessee Market Highlights
Author: Chuck Danehower, Extension Area Specialist - Farm Management No Comments

Corn, cotton, soybeans, and wheat were up for the week. Corn producers may want to consider pricing some of their 2015 production as December corn is currently at $4.31/bu, which is the highest price since early July and above many breakevens. The December WASDE released on Wednesday contained limited new information and no major surprises. U.S. corn ending stocks were decreased 10 million bushels to 1.998 billion for the 2014/15 marketing year. Continue reading at Tennessee Market Highlights.

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11
Dec
2014
December 10, 2014 – USDA World Supply and Demand Estimates & Profitability Update
Author: Chuck Danehower, Extension Area Specialist - Farm Management No Comments

Corn
U.S. feed grain supply and use projections for 2014/15 are mostly unchanged as a small increase in projected corn food, seed, and industrial (FSI) use reduces ending stocks slightly. Expected corn use for sweeteners is raised 10 million bushels dropping projected corn ending stocks just below 2.0 billion bushels. Supply and use projections for the other feed grains are unchanged. The projected range for the season-average corn farm price is unchanged at $3.20 to $3.80 per bushel. Continue reading at December 10th USDA WASDE report

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05
Dec
2014
Tennessee Market Highlights
Author: Chuck Danehower, Extension Area Specialist - Farm Management Comments Off

Corn, soybeans, and wheat were up; cotton was down for the week. March corn futures have traded flat since October 28th in a range of $3.71 to $4.01. Due to record production and the 2 billion plus bushel carry over, producers should be cautious carrying unpriced corn into 2015 as it is likely we will see the market trade flat to down in early 2015. Soybean export sales continue to provide price support as net sales commitments year-to-date are near 1.46 billion bushels for the 2014/15 marketing year com-pared to the USDA estimated marketing year total of 1.72 billion bushels (2014/15 marketing year is from September 1, 2014 to August 31, 2015). Continue reading at Tennessee Market Highlights

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01
Dec
2014
Tennessee Market Highlights
Author: Chuck Danehower, Extension Area Specialist - Farm Management Comments Off

Corn, cotton, and wheat were up; soybeans were down for the week. Since October 27th, March corn futures have traded between $3.70 and $4.01; it is likely that this trading range will persist as we conclude the 2014 calendar year. Moving into 2015, corn prices are likely to have more downside price pressure as farmers bring the record crop to market. Producers should be cautious about carrying unpriced corn into 2015 as limited upside potential exists. Continue reading at Tennessee Market Highlights .

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24
Nov
2014
Crop Progress
Author: Chuck Danehower, Extension Area Specialist - Farm Management Comments Off

Through rains and light snow during the week, some producers were able to finish harvesting their crops, while others may not finish until after Thanksgiving. Cooler temperatures have led to feeding cattle more hay. Some pastures are holding water or experiencing hard freezes, negatively affecting condition. Continue reading at Crop Progress 11 23 14 .

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21
Nov
2014
Tennessee Market Highlights
Author: Chuck Danehower, Extension Area Specialist - Farm Management Comments Off

Corn, cotton, and wheat were down; soybeans were up for the week. December 2014 corn started the week at $3.81 per bushel decreased 19 cents before rebounding on Thursday from strong export sales numbers, closing down 9 cents for the week. As we move through the holiday season, it is likely that we will see March corn continue trading between $3.50 and $4.00, however as we move into the new year prices may turn lower as the record crop moves to market. Continue reading at Tennessee Market Highlights.

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18
Nov
2014
Crop share lease: 5 important principles to follow
Author: Chuck Danehower, Extension Area Specialist - Farm Management Comments Off

Throughout the year, I receive calls from both producers and landowners on what is a fair rent for either the land owned or what is being leased. The commonality in these calls is they want to either receive a fair rent or pay a fair rent. Continue reading at Southeast Farm Press.

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17
Nov
2014
Crop Progress
Author: Chuck Danehower, Extension Area Specialist - Farm Management Comments Off

As reported by NASS on November 17, 2014

CORN HARVEST WINDS DOWN

Despite showers midweek in advance of a cold front, farmers managed to make good progress harvesting corn, cotton and soybeans. Drastically cooler temperatures affected the emergence of newly planted wheat and caused some livestock producers to start feeding hay. There were 4.9 days suitable for field work. Continue reading at Crop Progress 11 16 14 .

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