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

10 Jul 2015

Tennessee Winter Wheat Production Forecast down 12 percent from 2014

10 Jul 2015
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According to the Tennessee Field Office of the USDA’s National Agricultural Statistics Service Tennessee farmers expect to produce 27.5 million bushels of winter wheat from 410,000 acres for harvest this season. At this level, production would be down 12 percent from 2014 and down 6 percent from the June forecast. Based upon crop conditions as of July 1, growers expect a yield of 67.0 bushels per acre, up 1.0 bushels from 2014 and down 4.0 bushels from last month’s forecast. Continue reading at July 10, 2015 NASS report.


10 Jul 2015

Tennessee Market Highlights

10 Jul 2015
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Corn was up; soybeans, cotton, and wheat were down for the week. Year-todate, the 2015 Tennessee soybean and corn crop has experienced many challenges. Wet conditions persisted in many counties during the planting season. As a result, several acres have not been planted, have been flooded, or have experienced production problems (timely chemical application to control weeds, loss of nitrogen etc.). That being said, at this point in the production year, compared to other regions of the country, we are in a better situation than most. Continue reading at Tennessee Market Highlights.


10 Jul 2015

July 10, 2015 – USDA World Supply and Demand Estimates

10 Jul 2015
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Corn Projected 2015/16 U.S. feed grain supplies are lowered this month with reductions in corn beginning stocks and production. Corn beginning stocks for 2015/16 are down 97 million bushels as increases in 2014/15 feed and residual use, use in ethanol production, and exports more than offset a small increase in imports. Corn production for 2015/16 is projected down 100 million bushels reflecting the lower planted and harvested areas from the June 30 Acreage. Continue reading at Comments on the July 10, 2015 WASDE  report.


08 Jul 2015

Hemp: A New Opportunity for Tennessee Farmers and Communities

08 Jul 2015
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Hemp is an agricultural crop grown worldwide and prized for its ability to be used for paper production, building components, products for human and even animal consumption through the seed, and health and beauty products based on hemp oil. (Hemp oil is a major by-product from crushing hemp seed.) Continue reading →


06 Jul 2015

Crop Progress

06 Jul 2015
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As reported by NASS on July 6, 2015
DELTA FARMERS EXPERIENCE FLOODING

Some farmers along the Mississippi River dealt with flooding issues as the river rose. Widespread rains brought much needed moisture to the rest of the state. The heaviest of these rains have diluted applied herbicides, forcing many soybean producers to concentrate on weed control. Continue reading at Crop Progress 7 5 15.


06 Jul 2015

Soybean Acreage Up, Corn Unchanged (June 30 NASS report)

06 Jul 2015
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Soybeans planted in Tennessee were estimated at 1.85 million acres, up 210,000 acres from 2014. Acres harvested for grain, at 1.82 million acres, was 210,000 acres above a year ago. U.S. soybean planted area for 2015 was estimated at 85.1 million acres, up 2 percent from last year. Area for harvest, at 84.4 million acres, is up 2 percent from 2014. Continue reading at June Acreage Press Release_TN.


06 Jul 2015

USDA Acreage and Quarterly Grain Stocks Reports, June 30, 2015

06 Jul 2015
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On Tuesday June 30th the USDA surprised the market releasing decidedly bullish estimates for corn, soybeans, cotton, and wheat. The Acreage report provided the primary catalyst for corn and cotton price increases. The Quarterly Stocks report keyed the increase in soybean futures. Weather remains on everyone’s mind as excessive rain in many areas has: delayed wheat harvest; prevented corn, soybean, and cotton plantings; and adversely affected crop conditions. As we move forward, weather will be the primary market driver. The question to be determined is which direction will the market (and weather) go from here? Continue reading at USDA Acreage & Quarterly Grain Stocks Report.  This includes an Profitability Outlook update.