The USDA Prospective Plantings and Quarterly Grain Stocks Report were released today, March 31 and are based on information as of March 1, 2011. The prospective plantings report fell within pre-report ranges for corn, soybeans, and wheat and below expectations on cotton. Continue reading
Category Archives: Marketing
Weekly Crop Marketing Comments
Corn, cotton, and wheat prices are up with soybean prices mixed for the week. The June U.S. Dollar Index was trading mid day at 76.43, up .54 for the week. The Dow Jones Industrial Average traded before the close at 12,225; up 359 points for the week. Continue reading
Weekly Crop Marketing Comments
Corn, soybean and wheat prices are up and cotton prices are down for the week. The June U.S. Dollar Index was trading mid day at 75.89, down 1.14 for the week. Continue reading
Weekly Crop Comments
Corn, soybean and wheat prices are down and cotton prices are mixed for the week. The March U.S. Dollar Index was trading mid day at 76.76, up .34 for the week. Continue reading
Comments on the March 10, 2011 USDA Supply and Demand Report
USDA released a mainly neutral report today which in today’s market can be continued as slightly bearish to prices as the market needs continued bullish information to go up. Continue reading
Crop Marketing Comments for March 4, 2011
Corn, cotton, soybean and wheat prices are up for the week. The March U.S. Dollar Index was trading mid day at 76.42, down .90 for the week. The Dow Jones Industrial Average closed at 12,169; up 26 points for the week. Continue reading
Profitability Outlook
I recently had the opportunity to sit down with a room of Haywood County producers and go through our UT crop budgets and solicit comments and additions to our budgets. This is a workshop that we have been doing for the last 11 years and is one that has been beneficial to all involved. Continue reading