Category Archives: Marketing

UT Commodity Market Update – 5/4/2018

Author: Danny Morris, Ext Area Specialist - Farm Management Comments Off on UT Commodity Market Update – 5/4/2018

Corn: Since the beginning of the year, the September futures contract has increased by $0.40. An interesting fact is that of this increase, $0.21 has occurred over the last two weeks. The below chart reflects the recent run-up in corn futures:

 

Looking at the above the chart, obviously, something is driving the market. This begs the question as to what is causing the uptick in prices. Most of the nation’s corn crop is planted in April and by mid-May. Continue reading

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Easing off the clutch: 2018 cotton planting

Author: Tyson Raper, Cotton & Small Grains Specialist Comments Off on Easing off the clutch: 2018 cotton planting

I’ve visited with several over the past few days who either started planting yesterday (4/30), who plan to begin today (5/1), or who will be planting by tomorrow (5/2).  While we have a few very early planting-date trials established here in Jackson, none of our large-plot trials have been planted and none of our small-plot work requiring normal planting dates have been planted either.  That will change for my program today (5/1). Continue reading

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UT Commodity Market Update 2/19/2018

Author: Danny Morris, Ext Area Specialist - Farm Management Comments Off on UT Commodity Market Update 2/19/2018

Corn: Last week, March corn futures closed $0.03 cents higher while September corn futures closed $0.03 higher as well. The spike higher in soybean prices is continuing to pull the other grains along with it. However, in part, the latest USDA’s World Agricultural Supply and Demand Estimate (WASDE) indicated that corn exports will continue to improve, which will cause a reduction in ending stocks. Continue reading

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2018 Tennessee Grain Conferences – Presentations

Author: Heather Marie Kelly, Extension Plant Pathologist Comments Off on 2018 Tennessee Grain Conferences – Presentations

Below are links to the presentations given at the 2018 Tennessee Grain Conferences and they can also be found at http://utcrops.com/presentations.htm.

2018 Tennessee Grain Conferences

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2018 Cotton Focus Presentations

Author: Heather Marie Kelly, Extension Plant Pathologist Comments Off on 2018 Cotton Focus Presentations

Below are links to the 2018 Cotton Focus presentations and they can also be found at http://utcrops.com/presentations.htm.

2018 Cotton Focus
Cotton Outlook, Dr. Aaron Smith
Bacterial blight and target spot – known impacts, Dr. Heather Kelly
Cotton Insects, Dr. Scott Stewart
Cotton Weed Management, Dr. Stanley Culpepper
Cotton Specialists Roundtable, Drs. Tyson Raper, Darrin Dodds, Bill Robertson, and Tyler 
Sandlin

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REMINDER: Cotton Focus THIS THURSDAY, Feb 8th @ First United Methodist Church in Downtown Jackson

Author: Tyson Raper, Cotton & Small Grains Specialist Comments Off on REMINDER: Cotton Focus THIS THURSDAY, Feb 8th @ First United Methodist Church in Downtown Jackson

The 2018 Cotton Focus will be held at the First United Methodist Church (200 S. Church St, Jackson, TN 38301) this Thursday, Feb. 8th beginning at 8 AM and concluding with lunch. Pesticide recertification points and CCA/CEUs will be offered.  A dicamba training will be offered after lunch.  Parking information and detailed agenda information is included below: Continue reading

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UT Commodity Market Update 2/2/2018

Author: Danny Morris, Ext Area Specialist - Farm Management Comments Off on UT Commodity Market Update 2/2/2018

Corn: March corn futures traded $0.04 higher for the week. September corn futures traded $0.04 for the week as well. The average local basis for new crop corn averaged -$0.13. The higher futures can be attributed to better than expected exports. Also, the size of the corn crop in Argentina is expected to be lower than previously thought. Abnormally dry growing conditions are causing analysts to think that the size of the overall crop will be reduced in USDA’s next report. The size of the Brazilian corn crop is also presumed to be reduced as well. Continue reading

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UT Commodity Market Update

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

Corn: Over the last three weeks, March corn futures have traded sideways. On January 1, 2018, March corn futures opened at $3.51 and closed today at $3.52. September corn futures have followed the exact same pattern. September 2018 futures opened at $3.75 on January 1 and closed at $3.76 as of today’s market close. The latest USDA estimate has ending stocks forecasted to be higher and demand to be slightly lower. The USDA is also projecting that global production for coarse grains, which includes corn, to be higher for 2017/18. The size of the South American crop will also have an impact on the upside potential of corn futures. Cash basis is averaging $0.05 while new crop basis is currently averaging -$0.15 as of market close. Continue reading

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