Dr. Aaron Smith’s comments on the October 9, 2015 USDA World Supply & Dermand Estimates and an update on 2016 Profitability Outlook have been posted at Monthly Crop Outlook.
12
Oct
2015
All posts by Chuck Danehower, Extension Area Specialist - Farm Management
09
Oct
2015
Market Highlights
09
Oct
2015
Soybeans and cotton were up; corn was down; and wheat was mixed for the week. On Friday the USDA released the October World Supply and Demand Estimates (WASDE) and Crop Production reports. Overall, the report provided mixed news across commodities, however in general the report failed to provide the bullish news, particularly for corn, that many were hoping would result in a futures price rally. Continue reading at Tennessee Market Highlights.
05
Oct
2015
Crop Progress
05
Oct
2015
As reported by NASS on October 4, 2015
RAINS HALT FIELD ACTIVITY; IMPROVES PASTURES
Producers lost time in the field last week due to rainfall over much of the State. The rains boosted pasture condition to mostly good to excellent. The rains were also beneficial to seeded wheat. Cotton defoliation continued but little was harvested last week. Good yields for corn and soybeans continue to be reported. Continue reading at Crop Progress 10 4 15.
02
Oct
2015
Market Highlights
02
Oct
2015
Wheat was up; soybeans were down; cotton and corn were mixed for the week. Corn and soybeans traded sideways this week in ranges of 11 and 34 cents, respectively. December cotton futures continued to trade in the recently established 59.5-61.5 cent range, although we are likely to see a return back to 62-68 cent range in the not too distant future. Continue reading at Tennessee Market Highlights.
30
Sep
2015
Yes, it’s time to make your 2016 farm financial plan
30
Sep
2015
There may have been a time when farmers had the luxury to wait until after harvest and the winter months set in to start thinking about the next year. Unfortunately, that time has long past.
Obviously, producers planning on planting wheat or canola in Tennessee have already made a conscious effort in planning. Continue readinga at Southeast Farm Press.
29
Sep
2015
Crop Progress
29
Sep
2015
As reported by NASS on September 28, 2015
DRY CONDITIONS IDEAL FOR ROW CROP HARVEST
Many producers were able to wrap up corn harvest and soybean harvest progressed well. Good yields for both crops were reported. With the dry conditions, cotton defoliation was underway. The dry conditions did little for pastures development and seeded wheat, which are both in need of a soaking rain. There were 6.5 days suitable for field work last week. Continue reading at Crop Progress 9 27 15.
25
Sep
2015
Market Highlights
25
Sep
2015
Corn, soybeans, and wheat were up; cotton was mixed for the week. December corn rallied at the end of the week posting double digit gains from this week’s low on Monday. In Tennessee, gains in the futures market were offset by a weakening basis at barge points and county elevators as harvest was in full swing until rain came on Thursday/Friday. December futures are now almost 30 cents higher than the contract low of $3.57 ½ on August 12th. Continue reading at Tennessee Market Highlights.
23
Sep
2015
Would you burn working capital to keep farming?
23
Sep
2015
Dr. David Kohl was the keynote speaker at the August 5th Mid-South Agricultural Finance Conference at UT Martin. Please see his comments below and link to a Corn & Soybean Digest article.
Would you burn working capital to keep farming?This valuable question was posed to a panel of experts at the recent Mid-South Agricultural Finance Conference at the University of Tennessee at Martin. The panel to whom this question was posed consisted of Freddie Bernard of Purdue University, Steve Isaacs of University of Kentucky, my fellow officemate in graduate school at Cornell, Richard Brock, and of course, yours truly. Continue reading at Corn & Soybean Digest.