I have had a number of calls about grain sorghum this week as lower production costs compared to corn and the latest increased premium offered for Memphis delivery have driven up interest in this crop. Check out our newest regional sorghum production guide at utcrops.com. Some pre-plant reminders are included about sorghum for those who have not grown sorghum lately (or ever): Continue reading
A wet and mostly cold March has us well behind the pace for burndown. As soon as the weather permits corn planting will take priority followed by burndown for grain sorghum and early planted soybean. Continue reading
There continues to be quite a few folks wanting to know how fomesafen applied last year could affect grain sorghum planted this spring. The concern is understandable as grain sorghum is very prone to injury from fomesafen carryover. Continue reading
Corn, cotton, and wheat were up; soybeans were mixed for the week. De-cember 2015 corn futures set a new 150 day low on Wednesday before re-bounding on Thursday and Friday to close up for the week. November soy-bean futures establish new 150 day lows this week at $9.39 per bushel. Soy-bean futures remain somewhat of a quagmire. Strong export and domestic demand provide bullish news, while large domestic and global ending stocks for the 2014/15 marketing year and the potential for increased planted acreage in 2015 fuel the bears. Continue reading at Tennessee Market Highlights.
With planting season just around the corner there are a few management considerations to keep in mind with respect to your cover crop. Continue reading
The wheat has really progressed well over the past two weeks. Some stands that one might think were borderline on keeping have made good progress during that time. Continue reading
It appears that grain sorghum will be a historically big acre crop this year. A number of these intended fields to be planted to grain sorghum were in soybean last year and had late applications of fomesafen (FlexStar, Prefix, Reflex, Rhythm, Dawn etc). Continue reading
Please note that crop comments will be posted online Monday, March 16th at http://economics.ag.utk.edu/cropcomm.html.
FED CATTLE: Fed cattle traded steady on a live basis compared to a week ago based on limited numbers. Live prices were primarily $160 to $161 while dressed trade was mainly $259 to $260. The 5-area weighted average prices thru Thursday were $160.78 live, up $2.91 from last week and $259.09 dressed, up $9.09 from a week ago. A year ago prices were $147.92 live and $239.80 dressed. Continue reading at Tennessee Market Highlights.