As reported by NASS on May 9, 2011
STORMS AND FLOODING CONTINUE TO SIGNIFICANTLY DELAY PLANTING
Farmers in East Tennessee were busy assessing storm damage last week as farmers in other areas braced for the effects of widespread flooding. Several acres of wheat were in standing water by week’s end. Departures from normal rainfall totals have reached double-digit levels for most areas of West Tennessee. Corn planting is three weeks behind average. Continue reading
Corn, cotton, soybeans, and wheat prices are all down for the week as a broad based commodity selloff led by metals and oil were accelerated by strength in the Dollar. The June U.S. Dollar Index was trading mid day at 75.09, up 1.99 for the week as influenced by the European Central Bank decision to leave interest rates at their current level. Continue reading
There have been excellent blog articles on the yield effects of a later planted crop of cotton and corn and impacts of wet weather on weed control. As well as the possibility of reduced yields we have the re- applying of inputs on fields where nitrogen leached out and where weed control measures have been diluted. From this point, there is uncertainty as producers in Tennessee and surrounding states battle historic floods and the deluge of wet weather. Continue reading
As reported by NASS on May 2, 2011
SEVERE STORMS BRING HEAVY RAIN, HALT PLANTING EFFORTS
Damaging storms dumped record-level precipitation in areas and kept farmers out of fields for most of the week, wrapping up a significantly wetter-than-normal April in Tennessee. Farmers in several counties were faced with tornados, flooding, power outages, and livestock losses. Some corn and wheat acreage remained underwater or in saturated soil at week’s end, particularly in West Tennessee. Continue reading
Corn prices are up; soybeans mixed with cotton and wheat prices down for the week. The June U.S. Dollar Index was trading mid day at 73.16, down 1.16 for the week and at its lowest since July, 2008. A weaker dollar continues to be supportive for commodity prices. Continue reading
As reported by NASS on April 25, 2011
MORE STORM SYSTEMS PASS THROUGH, INTERRUPT PLANTING
Farmers across Tennessee faced yet another week featuring multiple days of rain. Although storms were scattered and rainfall totals relatively low, conditions in most fields remained wet throughout the week. Continue reading
Soybean and wheat prices are up with corn and cotton prices mixed for this holiday shortened week. Markets are closed on Friday in observance of Good Friday. The June U.S. Dollar Index was trading mid day at 74.32, down .70 for the week and at its lowest since August, 2008. Continue reading
As reported by NASS on April 18, 2011
Multiple storm systems passed through the state last week, keeping farmers out of fields and delaying spring planting. By week’s end, 20 percent of Tennessee’s corn acreage had been planted, about half of what is typical for this time of year. Continue reading