Recent Updates

14 Apr 2016

Cover Crops: Planting Green

14 Apr 2016
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Planting Soybeans in Green CoverThere have been a lot of questions this spring about planting into green cover crops. We have conducted a fair amount of research on this at Jackson and through trial and error we have found that planting into a green cover crop can be done effectively. Controlling and properly managing the cover crop are the most important things to consider when planting in a green cover (termination 0-7 days prior to planting). Less than complete control of your cover can cause stunting or stand loss of cash crop. Continue reading →

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13 Apr 2016

Supply and Demand Estimates and Profitability Outlook

13 Apr 2016
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Supply and Demand Estimates and Profitability Outlook

This link to Supply & Demand Estimates & Profitability Outlook contains a  summary of the USDA’s monthly World Agricultural Supply and Demand Estimates (WASDE) report. Domestic balance sheets for corn, soybeans, cotton, and wheat are displayed along with price reaction in futures markets for each commodity on the day of the report release. Additionally, supply and demand estimates for key importing and exporting countries are provided for the current month along with change in estimates from the previous report. The Profitability Outlook section contains estimated returns per acre for each commodity based  on 2015 Tennessee state average/trend yields and current price offerings (note: cotton prices include a seed and hauling rebate). Variable expenses are based on the University of Tennessee Extension 2016 Row Crop Budgets. Prices are updated monthly; expenses are updated as warranted during the year and may be different than the expenses contained in the 2016 Row Crop Budgets. This section provides an estimation of the current relative profitability amongst major row crops in Tennessee.

The report is prepared monthly by Dr. Aaron Smith and Chuck Danehower.

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11 Apr 2016

Crop Progress – TN

11 Apr 2016
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SOYBEAN PRODUCERS PREPARE FOR PLANTING
Cool, wet weather continued to slow corn growth. Soybean producers made burndown applications to their fields in anticipation of planting. Fruit producers were concerned about freezing temperatures predicted for the weekend. Cattle producers had for the most part stopped feeding hay, instead shifting to spring pastures. There were 4.4 days suitable for field work. Topsoil moisture was 6 percent short, 73 percent adequate and 21 percent surplus. Subsoil moisture levels were 4 percent short, 77 percent adequate, and 19 percent surplus. Continue reading at TN_04_11_16.

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10 Apr 2016

Tennesseee Market Highlights

10 Apr 2016
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Corn and cotton were up; soybeans and wheat were down for the week. Since the 15 cent drop immediately after the USDA’s Prospective Plantings report corn has trended upward. December corn has gained 11 cents since the contract low of $3.64 on April 1 (the day after the report). Soybean futures have moved mostly sideways since the start of the month. Continue reading at Tennesseee Market Highlights.

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07 Apr 2016

UT Crop Marketing Update 4/7/2016

07 Apr 2016
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Corn: Corn prices have closed higher for the past five trading days. It would appear that the market is trying to shake off the news from the latest USDA planting intention report. Corn futures have regained approximately 50% of what was lost on the report day, which was March 31. This week’s export report indicated that corn shipments increased for the week.  Continue reading →

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06 Apr 2016

Will We Farm Every Acre in 2016?

06 Apr 2016
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In tough economic times, producers review their cost structure to determine what crops are profitable. In a year like 2016, some farmers are going a step further and looking at each individual field to decide what is the best option for that particular farm. On land that is deemed to be more marginal, what is the best option? Should that ground even be farmed? Could it be enrolled in CRP for a greater return? Read the following article for more considerations on this topic: Will We Farm Every Acre in 2016

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06 Apr 2016

Crop Progress – Tennessee

06 Apr 2016
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RAIN AND COOLER TEMPERATURES SLOW PLANTING
Rains, sometimes heavy, arrived mid-week, curtailing most fieldwork. Up to that point, though, corn producers had made excellent planting progress. Wheat condition remained good to excellent. There were 3.7 days suitable for field work. Topsoil moisture was 3 percent short, 70 percent adequate and 27 percent surplus. Subsoil moisture levels were 3 percent short, 72 percent adequate, and 25 percent surplus. Continue reading at TN_04_04_16.

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