Corn, cotton, soybean, and wheat prices are all up for the week. The U.S. Dollar Index traded at 79.68 before the close, down 0.06 for the week. The Dow Jones Industrial Average before the close was 13,360 up 41 points for the week. Crude Oil was trading at 90.22 a barrel, down 1.64 a barrel for the week. The U.S. Seasonal Drought Outlook released this week indicates a persistence of the drought in the western Midwest throughout the fall and early winter. Continue reading
Corn prices are up; cotton and soybean prices are down with wheat prices mixed for the week. The U.S. Dollar Index traded at 79.75 before the close, up 0.32 for the week. The Dow Jones Industrial Average before the close was 13,324 down 286 points for the week. Crude Oil was trading at 91.73 a barrel, up 1.85 a barrel for the week. USDA released a grain friendly supply and demand report on October 11 that has led way to profit taking today on the heels of poor grain export numbers. Continue reading
This table should be used as a guide as yields, prices, and expenses will vary among producers and locations. This table is a look at the start of the 2013 planning process as wheat is currently being planted. Yields are average yields for Tennessee with prices adjusted for the 2013 production year. Expenses will vary among producers and production systems. Continue reading
Corn
In today’s report, old crop corn ending stocks were lowered 193 million bushels from last month to 988 million bushels and reflect the September 29 Grain Stocks report. Feed/residual use was increased 162 million bushels; food, seed, and industrial uses increased 31 million bushels; and imports and exports offset each other with 3 million bushel increase for imports and the same for exports. The stocks to use ratio dropped from 9.6% to 7.9%. Continue reading
Prices are reported through Thursday, October 4, 2012. Cotton prices are up; corn mixed with soybean and wheat prices down for the week through Thursday. The U.S. Dollar Index traded at 79.28 early Friday down 0.74 for the week. The Dow Jones Industrial Average in early trading Friday was 13,640 up 198 points for the week. Crude Oil was trading at 90.27 a barrel, down 1.92 a barrel for the week. A greater than expected jobs report Friday morning put unemployment at 7.8%, the lowest in 44 months and could be suggesting that the economy is gaining some momentum. Continue reading
Corn prices are up, wheat mixed and cotton and soybean prices down for the week. The U.S. Dollar Index before the close was 80.06 up 0.66 for the week. The Dow Jones Industrial Average before the close was 13,417 down 162 points since last Friday. Crude Oil before the close was 91.93 a barrel, down 1.05 a barrel for the week. USDA released its Grain Stocks report reflecting stocks as of September 1st. Continue reading
Corn, cotton, soybeans and wheat prices are all down for the week. The U.S. Dollar Index before the close was 79.395 up 0.41 for the week. The Dow Jones Industrial Average before the close was 13,580 down 13 points since last Friday. Crude Oil before the close was 93.06 a barrel, down 5.94 a barrel for the week. Continue reading
Soybean and wheat prices are up; corn and cotton prices down for the week. The September U.S. Dollar Index before the close was 78.86 down 1.37 for the week. The Dow Jones Industrial Average before the Continue reading