Cotton prices are up while corn, soybean, and wheat prices are down for the shortened trading week through March 28. Grain markets responded negatively March 28 to the bearish grain stocks reports led mainly by surprisingly bearish corn stocks. Follow through electronic trading April 1 indicates the bottom has not yet been found. Corn prices particularly are having trouble with the larger than expected stocks. Continue reading
Prices have been updated after today’s USDA Grain Stocks and Prospective Plantings reports. Please note that I added a row on the bottom with breakeven prices at average yields and the specified costs including variable, land and fixed cost. Prices will vary depending on location and buyers. Overall, after today’s reports cotton’s profitability improved slightly while grains dropped some from after the March 8 USDA report. Continue reading
USDA has released their prospective plantings report, Tennessee acreage as well as U.S. numbers can be found in this NASS report from the Tennessee Field Office. Click on this link for the report – USDA NASS Acreage Report. Continue reading
The growing season last year seemed to run about 3 weeks ahead of “normal”. This season seems to be running, if anything, about 2 weeks later than normal. It looks like this upcoming week will at least be a little warmer than last week with lows in the high 30s (which beats below freezing) and highs in the high 50s to low 60s. There have been a lot of questions about applying burndowns during cold weather. Continue reading
|
Price |
Change |
|
| U.S. Dollar |
82.53 |
+0.06 |
| Crude Oil |
93.87 |
+0.05 |
| Dow |
14,512 |
-2 |
Corn, soybeans, and wheat prices are up while cotton prices are down for the week. Markets most likely will be positioning themselves leading up to the March 28 USDA reports on grain stocks and planting intentions for the 2013 crop. Continue reading
This spring has been almost 180 degrees different from last spring. The dry spring of 2012 allowed a lot of early field work and at this time we were in the middle of corn planting. This spring we are way behind on applying burndowns due to all the wet weather. With the crunch to get burndowns out there have been a lot of calls on how best to proceed burning down particularly now with some looking to adjust their crop mix from corn to more cotton. Continue reading
|
Price |
Change |
|
| U.S. Dollar |
82.45 |
-0.51 |
| Crude Oil |
93.84 |
+1.54 |
| Dow |
14,514 |
+117 |
Corn, cotton and wheat prices are up while soybean prices are down for the week. U.S. stocks fell Friday ending the longest winning streak for the Dow in nearly 17 years. Prior to today, the Dow had closed up 10 straight days. Watch for the market to become sensitive to planting weather as planters start to roll. Continue reading
Pyroxasulfone based products of Zidua (pyroxasulfone alone) and Fierce (Valor + Pyroxasulfone) were just recently labeled in soybeans. Pyroxasulfone is a herbicide that is in the same class of herbicides as Dual (metolachlor) or Warrant (acetochlor). Like Dual and Warrant, pyroxasulfone provides residual control of grass and small seeded broadleaf weeds. Continue reading