Recent Updates

Crop Progress

As reported by NASS on April 15, 2013

CORN PLANTING CONTINUED AT A SNAIL’S PACE

Growers report corn planting progress has been set-back by a week and a half from normal and a full three weeks behind last year’s record pace due to cooler than normal temperatures and wet fields. Moderate weather finally returned late last week and accelerated the wheat and fruit crop development but these crops still remained behind normal development. Pastures were greening and growing rapidly and were rated in mostly good to excellent condition. Continue reading


Recrop Intervals After Wheat Herbicides

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The 4 to 5” of rain much of West Tennessee saw last Thursday 4/11/13 was not good on the wheat, particularly in poorly drained fields. Winter wheat that went under water may have to be planted back to another crop. Knowing when and what herbicides were applied to flood damaged wheat is a major consideration on a potential recrop decision. Continue reading


Weekly Crop Marketing Comments

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Price

Change

U.S. Dollar

82.33

-0.27

Crude Oil

91.09

-1.61

Dow

14,865

+300

Corn, soybean, and wheat prices are up while cotton prices are down for the week. The Dow was down most of today, but managed to return back to its all-time high of 14,865.  USDA released their monthly supply and demand report April 10. The U.S. numbers for the most part were considered neutral to friendly while the world numbers were mostly bearish. Continue reading