UT Crops has a new podcast. It’s called Call of the Week. It will feature our specialists discussing their most frequent calls and questions from the past seven days, and provide you with a way to enjoy our blog when behind the wheel. Continue reading
The increase in wheat prices relative to the decrease in soybeans and corn has increased interest in Tennessee for planting wheat this fall.
By design or by accident, producers considering wheat have started the financial planning process for 2019. In doing so, there should be a comparison in how wheat will stack up to other crops competing for the same space on that acre of land. Continue reading at Southeast Farm Press.
USDA announced this week the details of the $12 billion trade assistance package. One part of the package is the Market Facilitation Program (MFP).
MFP is established under the statutory authority of the Commodity Credit Corporation (CCC) and administered by FSA. For each commodity covered, the payment rate will be dependent upon the severity of the trade disruption and the period of adjustment to new trade patterns, based on each producer’s actual production. Continue reading
FARMERS PREPARE FOR HARVEST
Spotty rains did little to hamper field work last week. Corn producers continued to prepare for harvest. Late season hay harvest also continued with some producers reporting problems with armyworms. Cooler temperatures helped the growth of pasture. There were 6.1 days suitable for field work. Topsoil moisture rated 6 percent very short, 22 percent short, 68 percent adequate, and 4 percent surplus. Subsoil moisture rated 8 percent very short, 25 percent short, 65 percent adequate, and 2 percent surplus. Continue reading at TN_08_27_18. The U.S. Crop Progress report can be read at CropProg-08-27-2018.
Wondering what’s been making your soybeans sickly? Come to The University of Tennessee Soybean Disease Field Day, held Tuesday, Sept. 4th, at the Milan Research and Education Center. Registration will be from 8:30-9:00 AM with the tour beginning at 9 AM and concluding with a box lunch. Preregistration is not required. Pesticide re-certification and CCA points will be available. Field demonstrations will include soybean disease identification, UT variety trials, fungicide efficacy trials and other UT disease research trials. Hands on disease identification will cover main soybean diseases that occur in Tennessee including frogeye leaf spot, target spot, Cercospora leaf blight, southern stem canker, sudden death syndrome, and others.
Corn, soybeans, and wheat were down; cotton was mixed for the week. After last week’s gains, corn, soybeans, and wheat had large declines. Higher U.S. yield estimates, increased political uncertainty, and trade dominated agricultural news this week.
Currently, the USDA estimates national average corn and soybean yields at 178.4 bu/acre, an all-time high, and 51.6 bu/acre, 0.5 bu/acre below the all-time high in 2016. There is still a great deal of uncertainty in the USDA’s final yield estimates and usually adjustments will be made in future reports with the October/November Crop Production report typically shedding a more accurate light on final yields. However, in general, field tours and private estimates indicate the potential for higher corn and soybeans yields across several growing regions. So right now the prevailing thought is for upward yield revisions by the USDA, not down.
Political uncertainty is running rampant in Washington due to numerous issues faced by the Trump administration. Political uncertainty creates further complexity in already unpredictable commodity markets. Continue reading at Tennessee Market Highlights.