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.
A few weeks ago two defoliation strip trials were established in West TN. One of these was placed in Crockett County and another was placed in Gibson County. Additional information on these trials can be found by reading the 22 Sept and 24 Sept posts. After application, I returned to rate the treatments Continue reading
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.
September has been warmer and drier than normal but rain is in the forecast over the next few days. The first report of picking in TN came in late last week and we should be in full-picking-mode after this rain moves through. Still, there is more to getting back into the field than just waiting for the bolls to dry and ground to ‘hold up’. With the adoption of the new module-building pickers, the weight of our equipment has increased to record levels. Continue reading
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.
it’s time for producers in Tennessee and surrounding states to start looking closely on whether they want to plant wheat for the 2016 season. Wheat for 2016 has as much profit potential as competing crops and appears to have a place in a grain rotation.
Weather conditions in the fall generally have a bearing on wheat acres. We typically plant wheat after corn as well as early soybeans so the ability to get those crops harvested timely have a direct bearing on planting wheat. Continue reading at Southeast Farm Press.
September 11, 2015 – USDA World Supply and Demand Estimates
Corn
Projected 2015/16 U.S. feed grain supplies are reduced this month with lower forecast corn production more than offsetting a small increase for sorghum. Corn production is forecast 101 million bushels lower with the national average yield expected at 167.5 bushels per acre, down 1.3 bushels from the August forecast. Continue reading at Monthly Crop Outlook & Profitability Outlook Update for comments on the September 12th USDA report and early look at the 2016 Profitability Outllok.
A quick yield and price assessment to estimate income along with examination of remaining outflows for the year can prevent problems before they occur. Include in the outflows- operating loan, equipment & land loans, cash rent, and an estimate of remaining expenses. Continue reading at Southeast Farm Press.