Recent Updates

Crop Progress – Tennessee and U.S.

Author: Chuck Danehower, Extension Area Specialist - Farm Management Comments Off on Crop Progress – Tennessee and U.S.

RAIN CONTINUES TO DELAY HARVEST

Rain continued to delay harvest of field crops, leaving producers hoping for drier conditions. These same rains gave a boost to pasture and forage conditions, making livestock producers optimistic about winter feed supplies. There were 3.6 days suitable for field work, down from 4.4 the previous week. Topsoil moisture was 1 percent very short, 6 percent short, 75 percent adequate, and 18 percent surplus. Subsoil moisture was 2 percent very short, 10 percent short, 80 percent adequate and 8 percent surplus.  Continue reading at TN_11_06_17. The U.S. Crop Progress report can be read at CropProg-11-06-2017.

Print Friendly, PDF & Email

Tennessee Market Highlights

Author: Chuck Danehower, Extension Area Specialist - Farm Management Comments Off on Tennessee Market Highlights

Cotton was up; wheat was down; and corn and soybeans were mixed for the week.

For the month of October, December 2017 corn futures traded mostly flat opening at $3.54 ¾ and closing at $3.45 ¾, down 9 cents. Better than projected national yields have increased supply estimates and will likely keep cash prices in Tennessee well under $4.00 for the remainder of 2017. However, a 10 to 40 cent seasonal price appreciation in most locations should be realized as we move towards the New Year. Continue reading at Tennessee Market Highlights.

Print Friendly, PDF & Email

Rain-out Shelters

Author: Avat Shekoofa, Crop Physiologist Comments Off on Rain-out Shelters

For farmers including Tennessee’s farmers to grow crops, they need good – or at least decent  weather, including nourishing rain. But sometimes producers must deal with water deficit and drought (especially in West Tennessee, approximately 95% of soybean production is rainfed). If so why not go for a variety that still can survive, still can give you the benefits of growth and yield compared to the one that after a while is gone, the one cannot handle the drought conditions.

Print Friendly, PDF & Email

Crop Progress – Tennessee and U.S.

Author: Chuck Danehower, Extension Area Specialist - Farm Management Comments Off on Crop Progress – Tennessee and U.S.

RAIN LAST WEEK IMPROVED PASTURE CONDITION; DELAYED HARVEST 

Livestock producers got a boost in the form of improved pastures as rains fell across the State last week. This, along with ample hay supplies, have producers optimistic about feed supplies going into winter. The rain delayed harvest of field crops but improved both topsoil and subsoil moisture. There were 4.4 days suitable for field work, down from 6.1 the previous week. Topsoil moisture was 1 percent very short, 7 percent short, 84
percent adequate, and 8 percent surplus. Subsoil moisture was 3 percent very short, 21 percent short, 71 percent adequate and 5 percent surplus. Continue reading at TN_10_29_17. The U.S. Crop Progress report can be read at  CropProg-10-30-2017.

Print Friendly, PDF & Email

Tennessee Market Highlights

Author: Chuck Danehower, Extension Area Specialist - Farm Management Comments Off on Tennessee Market Highlights

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

This week the U.S. dollar (USD) continued to strengthen. On September 8,
the USD index (Dec futures) set a one year low at 90.795, since then the USD
index has strengthened 4.4%. A strengthening USD provides headwinds for
agricultural exports. Continue reading at Tennessee Market Highlights.

Print Friendly, PDF & Email

UT Extension Commodity Market Update 10/27/2017

Author: Danny Morris, Ext Area Specialist - Farm Management Comments Off on UT Extension Commodity Market Update 10/27/2017

Corn: For the week, corn futures traded $0.05 higher. Corn futures have traded mostly sideways since we have entered into harvest season. Corn prices continue to receive bearish news in the form of larger ending stocks and a stronger dollar. Large global supplies will be a hindrance to higher corn prices for the foreseeable future. Unfortunately, a higher dollar is making U.S. corn less competitive in the export market. This week, the USDA rated the corn crop as being 66% good-to-excellent with 38% of the crop already harvested. Continue reading

Print Friendly, PDF & Email

Crop Progress – Tennessee and U.S.

Author: Chuck Danehower, Extension Area Specialist - Farm Management 2 Comments

CROP YIELDS PROMISING; CORN HARVEST WRAPPING UP

Corn harvest was wrapping up and soybean and cotton harvest made strong progress after the previous week’s rains. There is a positive yield outlook for all crops. There was also strong wheat seeding progress. There were 6.1 days suitable for field work. Topsoil moisture was 6 percent very short, 20 percent short, 73 percent adequate, and 1 percent surplus. Subsoil moisture was 6 percent very short, 19 percent short, 73 percent adequate and 2 percent surplus. Continue reading at TN_10_22_17.  The U.S. Crop Progress report can be read at CropProg-10-23-2017.

Print Friendly, PDF & Email

Tennessee Market Highlights

Author: Chuck Danehower, Extension Area Specialist - Farm Management Comments Off on Tennessee Market Highlights

Corn, cotton, soybeans, and wheat were down for the week.

Basis in Tennessee has continued to decline as record state average yields for
corn and soybeans maintain downward pressure on local markets. In September
2016, soybean basis across the state averaged 8 over the November
futures contract. This year average basis, in September, was 20 under the November contract, a 28 cent decrease in average monthly basis. Soybean basis in Tennessee typically bottoms out in October or November, so basis will likely continue to deteriorate
as the record Tennessee harvest enters the market. Currently, October basis across Tennessee averages 34 under the November futures contract. Continue reading at Tennessee Market Highlights.

Print Friendly, PDF & Email