All posts by Chuck Danehower, Extension Area Specialist - Farm Management

01 Aug 2011

Crop Watch

01 Aug 2011
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As reported by NASS on August 1, 2011

CROPS REMAIN IN MOSTLY GOOD-TO-EXCELLENT CONDITION

The corn, cotton, soybean, and tobacco crops in Tennessee remain in mostly good-to-excellent condition in spite of the excessive heat and spotty rainfall. Some early planted corn acres are maturing rapidly, but overall the crop is progressing at a near normal rate. Soybeans are setting pods at a pace about a week behind the five-year average and are in need of moisture. Cotton is setting bolls at a pace also one week behind the five-year average. Continue reading →


27 Jul 2011

Weekly Crop Marketing Comments for July 27

27 Jul 2011
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Prices and comments are through Wednesday, July 27, 2011. Corn, cotton, and wheat prices are up and soybeans down for the week through Wednesday. The September U.S. Dollar Index was trading before the close at 74.29, down 0.11 since last Friday. The Dow Jones Industrial Average closed at 12,303; down 378 points through Wednesday. Crude Oil was trading before the close at 97.43 a barrel, down 2.28 a barrel since last Friday. The cotton market rebounded from a 10 month low early in the week on an overdue correction. The grain and soybean markets continue to focus on the weather which is drawing interest from the funds. Continue reading →


27 Jul 2011

Is Estate Planning Still Needed? Join us for a estate/succession planning program August 10 in Jackson, TN

27 Jul 2011
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The Madison County Extension Service is sponsoring a Farmland Legacy meeting on estate and succession planning on Wednesday, August 10 at the West Tennessee Research Education Center, 605 Airways Blvd., Jackson, Tennessee. Registration starts at 8:30 a.m. and the program will conclude at 3:00 p.m. Lunch is provided and there is no cost to attend. Topics to be covered include Why Succession Planning, Family Discussion, Taking Stock, Retirement Planning, and Estate Planning. Pre-registration is needed and can be done by calling the Madison County Extension office at 731-668-8543. Continue reading →


25 Jul 2011

Crop Watch

25 Jul 2011
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As reported by NASS on July 25, 2011

SHOWERS PROVIDE SOME RELIEF; MORE RAIN IS NEEDED IN MOST AREAS

A high pressure system positioned over Tennessee prevented widespread rainfall this week; however, crops received some relief from afternoon and evening rainfall. Crops remain in mostly good condition, especially for late July. Crops were beginning to show stress at week’s end from the extreme temperatures and inadequate moisture. Soybeans are blooming and setting pods at a pace about a week to ten days behind the five-year average. Cotton is setting bolls at a pace almost a week behind the five-year average. Continue reading →


22 Jul 2011

Weekly Crop Marketing Comments

22 Jul 2011
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Corn, cotton, soybeans, and wheat prices are mixed for the week. The September U.S. Dollar Index was trading before the close at 74.40, down 0.13 since last Friday. The Dow Jones Industrial Average before the close was 12,684; up 204 points for the week. Crude Oil was trading before the close at 99.71 a barrel, up 2.10 a barrel since last Friday. The grain and soybean markets focused on the weather this week while the cotton market languished on weak demand. Continue reading →


21 Jul 2011

Mid-South Ag Finance Conference to focus on economic conditions, credit risk, farm profitability, government policy

21 Jul 2011
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Dr. David Kohl, internationally known speaker to farmers, ag lenders, small business owners and agribusiness audiences, will be the featured presenter at the 10th annual Mid-South Agricultural Finance Conference. The conference will be held in Boling University Center at the University of Tennessee at Martin from 8 a.m.-3 p.m., Aug. 3. Continue reading →


19 Jul 2011

Crop Watch

19 Jul 2011
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As reported by NASS on July 18, 2011

HIGH TEMPS PERSIST ACROSS TENNESSEE.  Above normal temperatures and variable precipitation headlined the state’s weather last week. Scattered showers were reported in areas across the state; however, there were reports of crops showing signs of heat stress in some areas. Soybean growers were busy this week making post emergence and fungicide applications. Continue reading →


15 Jul 2011

Weekly Crop Marketing Comments

15 Jul 2011
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Corn, soybean, and wheat prices are up with cotton prices down since last Friday. The September U.S. Dollar Index was trading before the close at 75.52, about even since last Friday. The Dow Jones Industrial Average before the close was 12,476; down 128 points for the week. Crude Oil was trading before the close at 97.31 a barrel, up 1.00 a barrel since last Friday. Continue reading →