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.
Corn, soybeans, cotton, and wheat were up for the week. On Tuesday February 10th, the USDA released its monthly World Agricultural Supply and Demand Estimates (WASDE) report. As expected, the report did not contain any major revisions and overall was not a major market mover. Continue reading at Tennessee Market Highlights.
U.S. feed grain ending stocks for 2014/15 are projected lower with reductions for corn, sorghum, and barley. Corn accounts for most of the reduction with projected use in ethanol production raised 75 million bushels on higher forecast 2015 gasoline consumption by the Energy Information Administration. Continue reading at USDA S & D Report Comments and Profitability Update.
Corn, soybeans, cotton, and wheat were up for the week. As we move through February and March, producers and landowners will be faced with several important decisions. First, landowners have a onetime decision whether to reallocate base acres and update program yields on their FSA farms by February 27, 2015. Continue reading at Tennessee Market Highlights.
Corn, soybeans, and wheat were down; cotton was up for the week. January saw corn, soybean, wheat, and cotton prices move lower. In January, March corn futures peaked January 6th at $4.09 and closed the month at $3.70 (down 39 cents); March soybean futures peaked January 8th at $10.62 and closed the month at $9.61 (down $1.01); March wheat futures peaked Janu-ary 6th at $6.03 and closed the month at $5.02 (down $1.01); and March cotton futures peaked January 6th at 61.25 and closed the month at 59.36 (down 1.89 cents). Continue reading at Tennessee Market Highlights.
Rarely do this many cotton analysts gather in the same place at the same time and offer cotton producers unique and timely insight on marketing strategies and market outlooks — and at no cost. Continue reading at Delta Farm Press.
U.S. feed grain supplies for 2014/15 are projected lower with a reduction in corn production more than offsetting an increase in sorghum. Harvested area for corn is increased slightly, but the national average yield is estimated 2.4 bushel per acre lower at 171.0 bushels per acre. Corn production is estimated 191 million bushels lower. Yield and production, however, both remain records. Continue reading at Comments on January 12 USDA report including Profitability Update.
Corn, soybeans, cotton, and wheat were down from last week. On Monday,
the USDA released several reports including the January WASDE report.
Highlights of these reports by commodity were: Corn: Domestic yield was reduced 2.4 bpa to 171 bpa resulting in a decrease in estimated production of 191 million bushels. Continue reading at Tennessee Market Highlights.