Category Archives: Farm Management

UT Commodity Market Update 3/3/2017

Author: Danny Morris, Ext Area Specialist - Farm Management Comments Off on UT Commodity Market Update 3/3/2017

Corn: Over the past month, corn futures have been trading in a relatively sideways pattern. However, the past few days have allowed cash bids for new crop corn to be near $4.00 levels. Based on the UT Extension Crop Budgets, a producer could potentially lock in a profit at this price level, assuming an average yield of 150 bushels per acre. Private estimates are currently projecting corn acres to be lower in 2017 compared to last year’s levels. Continue reading

Print Friendly, PDF & Email

Managing a New Kind of Risk

Author: Danny Morris, Ext Area Specialist - Farm Management Comments Off on Managing a New Kind of Risk

In agriculture, we are constantly faced with risk. Farmers are faced with the risk of adverse weather conditions, volatile commodity markets, and many other production risks. As an Extension Farm Management Specialist, I try to communicate to producers the options they have to reduce their overall risk exposure.

I like to narrow down the areas of risk that farmers must manage to two main areas: financial risk and production risk.

Continue reading

Print Friendly, PDF & Email

UT Commodity Market Update 1/20/2017

Author: Danny Morris, Ext Area Specialist - Farm Management Comments Off on UT Commodity Market Update 1/20/2017

West Tennessee Grain Bids 1-20-2017

Corn: September corn futures increased by $0.10 over the past week. Corn exports have been strong over the past weeks. That along with the news that the RFS looks to remain in place have allowed corn futures to climb higher for the fourth straight week. Brazil and Argentina will begin their corn harvest next month, which could shift demand from U.S. corn to the South America. The size of their crop could impact U.S. corn prices and take the top out of this rally.

Continue reading

Print Friendly, PDF & Email

UT Commodity Market Update 1/6/2017

Author: Danny Morris, Ext Area Specialist - Farm Management Comments Off on UT Commodity Market Update 1/6/2017

West Tennessee Grain Elevator Bids can be viewed here: West Tennessee Grain Bids 1-6-2017

Corn: September corn futures have increased by $0.10 over the past two weeks. The increase can be attributed to strong export sales and a better sentiment across the commodity complex. Over the past month, the increase in oil prices and stock prices has created a positive mood that continues to spill over into commodity markets. Despite the $0.10 increase in prices, the corn market is limited by large supplies due to the extremely large 2016 corn crop. This will limit any upside in corn prices. Continue reading

Print Friendly, PDF & Email

Tennessee Grain & Soybean Producers Conference

Author: Scott Stewart, IPM Extension Specialist Comments Off on Tennessee Grain & Soybean Producers Conference

The 2017 Tennessee Grain & Soybean Producers Conference is being held at the Dyer County Fairgrounds in Dyersburg, TN on Thursday, February 2nd.  On-site registration begins at 7:45. The programs ends after lunch following the Keynote Address by Harrison M. Pittman, Director, National Agricultural Law Center (University of Arkansas System Division of Agriculture) on “Ag Law Update: Recent & Emerging Issues for the Ag Industry”.   Preliminary Agenda (updated)

Print Friendly, PDF & Email

2017 Middle TN Grain Conference

Author: Scott Stewart, IPM Extension Specialist Comments Off on 2017 Middle TN Grain Conference

The twelfth annual Middle Tennessee Grain Conference set for Thursday, January 26 at Coffee County’s Fairgrounds in Manchester offers farmers insight to a number of emerging corn, soybean, and wheat production concerns. The conference is scheduled to get underway with registration beginning at 7:30 am. Registration is $20 at the door or $10 if participants pre-registering by Noon, Monday, January 23 through their local UT Extension office. Registration fees include the program and materials, refreshments, lunch, a copy of the conference proceedings, and a grain conference cap.   View Program

 

Print Friendly, PDF & Email