Recent Updates

Tennessee Market Highlights

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

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

Grain and oilseed market’s turned bearish this week, due in part to the USDA’s July 12 WASDE report (details of the report for corn, soybeans, cotton, and wheat can be found online at: https://ag.tennessee.edu/arec/Pages/MonthlyCropComments.aspx). The report projected 2017/18 marketing year domestic ending stocks of: corn at 2.325 billion bushels (up 215 million bushels from last month); cotton at 5.3 million bales (down 0.2 million bales from last month); soybeans at 460 million bushels (down 35 million bushels from last month); and wheat at 938 million bushels up 14 million bushels from last month). Foreign stocks (and change from the previous marketing year) were projected at: 5.58 billion bushels of corn (down 1.007 billion bushels); 83.43 million bales of cotton (down 3.64 million bales); 2.976 billion bushels of soybeans (down 96 million bush-els); and 8.637 billion bushels of wheat (up 340 million bushels). Overall, the WASDE report showed large domestic and foreign reserves for all four commodities. Continue reading at Tennessee Market Highlights.

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Summary of July 12, 2017 USDA WASDE Report

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

The MonthlyCropOutlook071217 is a summary of the USDA’s monthly World Agricultural Supply and Demand Estimates (WASDE) report. Domestic balance sheets for corn, soybeans, cotton, and wheat are displayed along with price reaction in futures markets for each commodity on the day of the report release. Additionally, supply and demand estimates for key importing and exporting countries are provided for the current month along with change in estimates from the previous report.

The Profitability Outlook section contains estimated returns per acre for each commodity based  on 2016 Tennessee state average/trend yields and current price offerings (note: cotton prices include a seed and hauling rebate). Variable expenses are based on the University of Tennessee Extension 2017 Row Crop Budgets. Prices are updated monthly; expenses are updated as warranted during the year and may be different than the expenses contained in the 2017 Row Crop Budgets. This section provides an estimation of the current relative profitability amongst major row crops in Tennessee.

 

The report is prepared monthly by Dr. Aaron Smith and Chuck Danehower.

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Tennessee Winter Wheat Production Forecast down 16 percent from 2016

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

RELEASED: July 12, 2017                                                                                                             USDA-NASS

Tennessee Winter Wheat Production Forecast down 16 percent from 2016

According to the Tennessee Field Office of the USDA’s National Agricultural Statistics Service Tennessee farmers expect to produce 20.5 million bushels of winter wheat from 285,000 acres for harvest this season. At this level, production would be down 16 percent from 2016 and down 5 percent from the June forecast. Based upon crop conditions as of July 1, growers expect a yield of 72.0 bushels per acre, down 1.0 bushels from 2016 and down 1.0 bushels from last month’s forecast. As of July 3, 96% of the crop was harvested, compared to 93% last year and 86% for the five-year average.

Winter wheat production for the Nation was forecast at 1.28 billion bushels, up 2 percent from the June 1 forecast and down 23 percent from 2016. Based on July 1 conditions, the United States yield is forecast at 49.7 bushels per acre, up 0.8 bushel from last month and down 5.6 bushels from last year. The expected area to be harvested for grain or seed totals 25.8 million acres, down 15 percent from last year.

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Plant bugs increasing in cotton

Author: Scott Stewart, IPM Extension Specialist No Comments

There have been no reports of stink bugs in cotton and populations in soybean remain unusually low. There have been some reports of spider mites and aphids in some cotton fields, but it is an increase in plant bugs numbers that is the most obvious change this week. Infestation levels are variable, but a higher numbers of adults and a few nymphs are present in many fields. This includes both tarnished plant bug and clouded plant bug in some areas. Below are a few reminders and suggestions for the coming 2-3 weeks. Continue reading

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TN Dept of Ag Files Emergency Dicamba Rules

Author: Ginger Rowsey, Marketing and Communications No Comments

Emergency rules have been filed by TDA regarding herbicides containing dicamba. According to a TDA statement, they are effective July 11, 2017 through October 1, 2017. Read the new rules here.

 

 

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Crop Progress – Tennessee and U.S.

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

RAINS HALT FIELDWORK

Frequent rains across the state brought field work to a halt. Some localized flooding was reported. Most crops outside the flooded areas looked good, however. Fruit producers reported their crops are in good shape due to the extra moisture. Cooler temperatures accompanying the recent rains have helped improve cattle conditions. The rains continued to provide excellent growing conditions for pastures. There were 2.3 days suitable for field work. Topsoil moisture was 1 percent short, 56 percent adequate and 43 percent surplus. Subsoil moisture was 1 percent very short, 3 percent short, 64 percent adequate and 32 percent surplus. Continue reading at TN_07_10_17. The U.S. Crop Progress report can be read at CropProg-07-10-2017.

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Heat stress on its way

Author: Avat Shekoofa, Crop Physiologist No Comments

The three-month outlook for July, August, and September currently depicts enhanced odds of warmer than normal temperatures. Meanwhile, the precipitation outlook for the same three-month time period places the region in an area of equal chances of above, near, or below normal precipitation totals (see the map). Continue reading

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