Corn, soybeans, and wheat were up; and cotton was mixed for the week. This week corn, soybean, cotton, and wheat prices moved mostly sideways with a narrow trading range. This is contrary to the dramatic swings seen in the stock markets over the past ten days.

March corn futures have traded in a 22 cent range from $3.45 ½ to $3.67 ¾. As of Friday, the market closed near the high end of the trading range. December corn has continued a two month uptrend that has seen prices rise modestly from $3.80 on December 15th to $3.92 ¼ on February 9th. Small but positive gains for those looking to price 2018 production. Continue reading at Tennessee Market Highlights.

Corn and wheat were up; soybeans and cotton were down for the week. Nearby corn futures remain range bound, trading between $3.45 and $3.70; however, March futures prices have closed up for three consecutive weeks. Rallies, even small ones, should be viewed as opportunities for old crop sales. Look for basis opportunities to assist in obtaining higher cash corn prices. New crop corn is currently trading just under $4.00. Similar to old crop, prices have climbed for three straight weeks. Given large domestic supplies pricing some 2018 production when harvest futures are near $4.00 should be strongly considered. Continue reading at Tennessee Market Highlights.

Here’s a look at Dicamba training opportunities over the next seven days:

• Feb. 2 – Hardeman Co. – CPS, Whiteville – 8 a.m.
• Feb. 5 – Carroll Co. Extension Office – 8:30 a.m. & 6 p.m.
• Feb. 7 – Crockett Co. – Gibson Electric, Alamo – 10 a.m. & 1:30 p.m.
• Feb. 8 – Cotton Focus – 1st United Methodist Church, Jackson – 1 p.m.

For a complete list of remaining training opportunities, Continue reading →

On the average, Tennessee had a great year yield wise. New state records were set for corn at 171 bushels per acre and soybeans at 50 bushels per acre. Cotton also came in at the third-highest yield on record at 1,031 pounds per acre. This is also representative of producer’s individual yields, as most farmers have also had very good yields. Continue reading at Southeast Farm Press.

Corn, soybeans, and wheat were up; cotton was down for the week. This week corn and wheat futures provided a glimmer of hope that prices could start to rally. A major move remains unlikely due to large domestic and global supplies but a move above the current trading ranges would be welcomed by producers looking to sell the remainder of their 2017 production. Since November 10, 2017, corn harvest futures have traded between $3.79 ¼ and $3.91, a narrow trading range of 11 ¾ cents. Over the same time period, harvest soybean futures have traded between $9.67 ½ and $10.24, a trading range of 56 ½ cents. Greater volatility in soybean prices relative to corn exists due to more uncertainty in the market. Continue reading at Tennessee Market Highlights.