The 2017 Tennessee Grain & Soybean Producers Conference is being held at the Dyer County Fairgrounds in Dyersburg, TN on Thursday, February 2nd. On-site registration begins at 7:45. The programs ends after lunch following the Keynote Address by Harrison M. Pittman, Director, National Agricultural Law Center (University of Arkansas System Division of Agriculture) on “Ag Law Update: Recent & Emerging Issues for the Ag Industry”. Preliminary Agenda (updated)
The twelfth annual Middle Tennessee Grain Conference set for Thursday, January 26 at Coffee County’s Fairgrounds in Manchester offers farmers insight to a number of emerging corn, soybean, and wheat production concerns. The conference is scheduled to get underway with registration beginning at 7:30 am. Registration is $20 at the door or $10 if participants pre-registering by Noon, Monday, January 23 through their local UT Extension office. Registration fees include the program and materials, refreshments, lunch, a copy of the conference proceedings, and a grain conference cap. View Program
By Tyson Raper and Ryan Blair
The University of Tennessee Cotton Agronomy Program provides an unbiased evaluation of experimental and commercial varieties available for production in Tennessee each year. The 2016 program consisted of Continue reading
Corn: December corn futures were able to increase by $0.05 over the course of the week. Corn futures have been dampened over the past few weeks due to the extremely large size of the 2016 corn crop. With a national yield of 175.3 bushels per acre, the supply of corn is quite abundant. However, the demand for corn has begun to show some signs of improvement over the past week. Ethanol production is reportedly higher this week as ethanol futures rose to a two-week high. Corn exports have also been better than expected given the recent strengthening of the U.S. dollar. Continue reading
Corn: December corn futures closed $0.08 lower for the week. This past week has been a bit tumultuous for the commodity markets. Earlier this week the USDA released the latest World Agricultural Supply and Demand Estimate (WASDE) report. This report indicated that corn production would be raised for the 2016 crop. The USDA projected that the U.S. corn crop would equal 15.23 billion bushels and a national yield of 175.3 bushels per acre. Continue reading
Corn: December corn futures ended the week $0.04 higher than where it began on Monday morning. Harvest is continuing at a very strong pace due to dry harvest conditions. Farmers across the Midwest continue to report large yields. The expectations of a very large corn crop is bearish for corn futures. However, corn futures increased this week by riding the coattails of the soybean market. In West Tennessee, the local basis on cash bids for corn increased by $0.04 this week. Export demand continues to remain strong and contributed to the increase in basis that we have seen this week in West Tennessee. Continue reading
Corn: December corn futures ended the week one penny lower than where it began on Monday morning. This week has been light as far as trading news goes for the grains. Last week, the USDA released their latest estimate on the global supply of all commodities along with the projected demand for all commodities. Harvest is advancing across most of the Midwest. As we begin to get a better feel on the overall size of the corn crop, we can expect to see the market reflect the yield data into future prices. Basis for corn is starting to weaken as the new supplies from harvest are hitting the supply chain. Futures have been increasing since August. Continue reading
Corn: The latest WASDE report was released this week along with the Crop Production report. The USDA has decreased the national corn yield by 1 bushel per acre from 174.4 to 173.4. If the final yield does equate to this value, then this will be the largest corn crop on record. Despite the expectations of a very large corn crop, December corn futures have increased by $0.15 since the market’s open on Monday. In fact, corn closed at a three-month high, which is uncommon, especially during harvest. Local corn basis has continued to remain stable over the past week.