Category Archives: Cotton

Crop Progress – Tennessee and U.S.

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

WEATHER SLOWS BURLEY TOBACCO HARVEST

 

Burley harvest was delayed by wet weather conditions. As the weather dries, harvest is expected to again be in full swing. Corn harvest has progressed with good yields reported, some even above last year’s record. Cotton defoliation was ongoing. Producers are preparing to make another cutting of hay, continuing to build their stocks for winter. There were 3.8 days suitable for field work. Topsoil moisture was 10 percent very short, 4 percent short, 70 percent adequate, and 16 percent surplus. Subsoil moisture was 12 percent very short, 6 percent short, 70 percent adequate and 12 percent surplus. Continue reading at TN_09_18_17. The U.S. Crop Progress report can be read at CropProg-09-18-2017.

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Tennessee Market Highlights

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

Corn and cotton were down; soybeans and wheat were up for the week.

This week the USDA released the September WASDE and Crop Production Reports.
Analysis of the reports can be found at: Tennessee Monthly Crop Comments.

Overall the September WASDE report was bearish for corn, soybeans, and cotton and neutral-to-bullish for wheat. 2017/18 projected domestic (world) ending stocks were 2.335 billion bushels (7.971 billion bushels), 475 million bushels (3.584 billion bushels), 6 million
bales (92.54 million bales), and 933 million bushels (9.669 billion bushels) for corn, soybeans, cotton, and wheat, respectively. Global corn stocks were projected down from the previous marketing year, while soybean, cotton, and wheat stocks were projected up. Continue reading at Tennessee Market Highlights.

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Monthly Crop Outlook

Author: Chuck Danehower, Extension Area Specialist - Farm Management No Comments
 September 12, 2017 – USDA World Supply and Demand Estimates
Corn

Market Reaction: December 2017 corn futures closed down 6 cents at $3.51 ½ with a trading range for the day of $3.45 ½ to $3.57 ¼. December 2018 corn futures closed down 5 cents at $3.93 ¾ with a trading range for the day of $3.88 to $3.98. USDA provided a yield surprise which drove prices lower. Most pre-report estimates were for USDA to lower yields 1-2 bu/acre. The report saw a 0.4 bu/acre increase. Initial reaction saw prices down 10-12 cents before a late session rebound.

USDA Summary: This month’s 2017/18 U.S. corn outlook is for increased production, greater feed and residual use, higher ending stocks, and lower prices.  Corn production is forecast at 14.184 billion bushels, up 32 million from last month.  Corn supplies are up from last month, as a larger crop more than offsets a small decline in beginning stocks due to updated use estimates for 2016/17.  Feed and residual use for 2017/18 is raised 25 million bushels with a larger crop and lower expected prices.  Corn used for ethanol for 2017/18 is projected down 25 million bushels at 5.475 billion, based on observed usage during 2016/17 and expectations of lower exports.  Other industrial use is lowered 50 million bushels.  With supply increasing and use falling, corn ending stocks are up 62 million bushels from last month.  The projected range for the season-average corn price received by producers is lowered 10 cents on both ends to a range of $2.80 to $3.60 per bushel. continue reading at UT Monthly Crop Comments.

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

RELEASED: September 12, 2017

Tennessee cotton forecast up 29 percent from 2016

NASHVILLE, Tenn. – The U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS) released the September Crop Production report today, showing an increase in yields for most crops. “This is a very promising season for agricultural producers in Tennessee,” according to Debra Kenerson, Tennessee State Statistician. “With the exception of burley tobacco, which showed a 100 pound per acre decrease from the August forecast, the September forecasts show yield increases for all other crops. Continue reading at SepCrop17_TN.

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Crop Progress – Tennessee and U.S.

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

PRODUCERS ACTIVE WITH FIELD WORK AS WEATHER ALLOWED

Corn harvest resumed where fields and corn had dried down enough after the rain and wind events from Hurricane Harvey. Producers also cut hay and silage. Crop damage and loss were being assessed. Yields from all harvested crops were very promising. Cotton defoliation is expected to begin soon. Producers are getting into fields as much as possible ahead of next week’s rain forecast. There were 5.8 days suitable for field work. Topsoil moisture was 5 percent very short, 5 percent short, 79 percent adequate, and 11 percent surplus. Subsoil moisture was 5 percent very short, 7 percent short, 77 percent adequate and 11 percent surplus. Continue reading at TN_09_11_17. The U.S. Crop Progress report can be read at  CropProg-09-11-2017.

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