Category Archives: Marketing

20 Jan 2017

UT Commodity Market Update 1/20/2017

20 Jan 2017
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West Tennessee Grain Bids 1-20-2017

Corn: September corn futures increased by $0.10 over the past week. Corn exports have been strong over the past weeks. That along with the news that the RFS looks to remain in place have allowed corn futures to climb higher for the fourth straight week. Brazil and Argentina will begin their corn harvest next month, which could shift demand from U.S. corn to the South America. The size of their crop could impact U.S. corn prices and take the top out of this rally.

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06 Jan 2017

UT Commodity Market Update 1/6/2017

06 Jan 2017
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West Tennessee Grain Elevator Bids can be viewed here: West Tennessee Grain Bids 1-6-2017

Corn: September corn futures have increased by $0.10 over the past two weeks. The increase can be attributed to strong export sales and a better sentiment across the commodity complex. Over the past month, the increase in oil prices and stock prices has created a positive mood that continues to spill over into commodity markets. Despite the $0.10 increase in prices, the corn market is limited by large supplies due to the extremely large 2016 corn crop. This will limit any upside in corn prices. Continue reading →

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16 Dec 2016

Tennessee Grain & Soybean Producers Conference

16 Dec 2016
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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)

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15 Dec 2016

2017 Middle TN Grain Conference

15 Dec 2016
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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

 

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18 Nov 2016

UT Commodity Market Update 11/18/2016

18 Nov 2016
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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 →

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11 Nov 2016

UT Commodity Market Update 11/11/2016

11 Nov 2016
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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 →

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