Cotton Acreage Rebounds
Soybeans planted in Tennessee were estimated at 1.75 million acres, unchanged from 2015. Acres harvested for grain, at 1.72 million acres, were also unchanged from a year ago. U.S. soybean planted area for 2016 was estimated at 83.7 million acres, up 1 percent from last year. Area for harvest, at 83.0 million acres, is up 1 percent from 2015. Continue reading at JUNACR16_TN.
Good article which also applies to Tennessee producers.
Author: Arkansas Row Crops
By Nathan Slaton, Rick Norman, Trent Roberts, Jason Kelley, Jarrod Hardke, Bill Robertson, Jeremy Ross and Leo Espinoza; University of Arkansas System Division of Agriculture.
Farmers must ask at least two fundamental questions about every product they are asked to purchase and apply to their crop: What is the frequency of crop response and what is the average yield increase? The answers to these two questions should be based on an adequate amount of unbiased, reputable research. With such a large number of crop yield enhancing products and nutrient solutions formulated for foliar application available there is no way that each product can be thoroughly researched by university scientists. For the record, let’s establish that there is not a university scientist alive that does not want to discover or recommend farming practices and products that enhance grower yields and profits. Continue reading at Arkansas Row Crops.
RAIN NEEDED STATEWIDE
Hot and dry conditions in East Tennessee, combined with little rain, resulted in water shortages in ponds, creeks, and springs. Pastures continued to suffer and accelerated producer concerns that cattle will have to be fed more hay. Lack of rain stressed crops in West Tennessee, where, nonetheless, wheat harvest was wrapping up with better than average yields. Continue reading the Tennessee Crop Progress at TN_06_27_16. The U.S. Crop Progress report can be read at CropProg-06-27-2016.
Corn, soybeans, cotton, and wheat were down for the week. Weather and macro-economic factors triggered large declines in grains and oilseeds this week. Increased rain forecasted for most of the Corn Belt and the U.K. vote to leave the E.U. were major market movers this week. Both of these factors will continue to weigh on commodity markets as there is a tremendous amount of uncertainty moving forward for both. Continue reading at http://economics.ag.utk.edu/market/tnmkt/2016/market062416.pdf.
GREAT PROGRESS MADE WITH WHEAT HARVEST PARTS OF THE STATE NEED RAIN
Continued dry weather over most of the State last week allowed producers to make great harvest progress with wheat and hay, and had the additional effect of preventing producers from planting soybeans following wheat because of the dry soil. With some scattered showers, early planted corn is tasseling while other corn is twisting and beginning to show signs of heat stress. There were 6.2 days suitable for field work. Continue reading the Tennessee Crop Progress at TN_06_20_16. The U.S. Crop Progress report can be read at CropProg-06-20-2016.
Corn was up; wheat and soybeans were down; and cotton was mixed for the week. Markets will continue to focus on weather. At present, the long term weather forecast (for July-September) has above average temperatures and normal precipitation for most of the Corn Belt and mid-South. This sets the stage for continued volatility in corn and soybeans. Continue reading at Tennessee Market Highlights.
Dry weather over most of Tennessee last week brought welcome opportunities to do field work and also aided in crop development. Farmers took the break from wet and cooler conditions to harvest wheat, cut hay, and spray crops. Wheat yields are reported as favorable. Continue reading the Tennessee Crop Progress at TN_06_13_16. The U.S. Crop Progress report can be read at CropProg-06-13-2016.
Corn, cotton, and soybeans, were up; wheat was mixed for the week. This week commodities continued there bullish move with soybeans leading the way. However, one change this week was the harvest contracts outperforming the nearby futures contracts. For example, July 2016 soybeans were up 46 cents, 31 cents less than the November contract which increased 77 cents. This phenomenon also occurred for corn (5 compared to 11 cents) and cotton (0.83 compared to 1.16 cents), as well as the nearby deferred spread with wheat (-2 cents compared to 1 cent). Continue reading at Tennessee Market Highlights.