Comments and prices are through Wednesday, June 15, 2011. Corn, soybean, and wheat prices are down with cotton mixed through mid-week. The September U.S. Dollar Index was trading at 76.09, up .89 since last Friday. The Dow Jones Industrial Average closed at 11,897; down 94 points through mid-week. Crude Oil was Continue reading →

Corn prices are up with cotton, soybean and wheat prices down for the week. The June U.S. Dollar Index was trading mid day at 74.80, up 1.05 for the week. The Dow Jones Industrial Average traded mid day at 11,991; down 166 points for the week. Crude Oil was trading mid day at 99.37 a barrel, down 1.20 a barrel for the week. Continue reading →

June 9, 2011

Corn

USDA in this month’s report left ending stocks from May at 730 million bushels for the 2010/11 marketing year, compared to the average trade guess of 715 million bushels.  The stocks to use ratio is still at a tight 5.4%.  The season average price for 2010/11 is forecast to range from $5.20 – $5.50, an increase of 10 cents on both ends. Continue reading →

Corn prices are mixed with cotton, and soybean prices up and wheat prices down for the week. The June U.S. Dollar Index was trading mid day at 73.82, down 1.08 for the week. The Dow Jones Industrial Average traded mid day at 12,196; down 246 points for the week. Crude Oil was trading mid day at 100.11 a barrel, down 0.34 a barrel for the week. Economic news out this week was not favorable for the overall economy, hence the drop in the Dow. Continue reading →

Corn, cotton, and soybean prices were mixed (old crop down, new crop up) and wheat prices up for the week. The June U.S. Dollar Index was trading mid day at 75.00, down 0.79 for the week. The Dow Jones Industrial Average traded mid day at 12,429; down 122 points for the week. Continue reading →

Crop Insurance – Delayed and Prevented Planting Provisions
David Reinbott, Agriculture Business Specialist, University of Missouri Extension
(Adapted for Tennessee by Chuck Danehower, UT Extension)

A colleague of mine, David Reinbott with University of Missouri Extension recently put out some good crop insurance information on delayed and prevented planting provisions of crop insurance. I have taken it and adapted it for West Tennessee. As David mentions below, contact your crop insurance agent before making a final decision and I would add have that agent run through your alternatives. Continue reading →

Corn, cotton, soybeans and wheat prices are all up for the week. The June U.S. Dollar Index was trading mid day at 75.57, down 0.40 for the week. The Dow Jones Industrial Average traded mid day at 12,551; down 45 points for the week. Crude Oil was trading mid day at 100.14 a barrel, up 0.89 a barrel for the week. Continue reading →

Corn, cotton, and wheat prices are all down with soybean prices mixed for the week. The June U.S. Dollar Index was trading mid day at 75.93, up 0.84 for the week. The Dow Jones Industrial Average traded mid day at 12,580; down 59 points for the week. Continue reading →