Recent Updates

01 Oct 2012

Crop Progress

01 Oct 2012
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As reported by NASS on October 1, 2012

MILD AUTUMN WEATHER GOOD FOR HARVEST

Despite scattered showers last week, corn harvest was coming to a close and farmers have turned their focus to harvesting cotton and soybeans. Cotton, soybean, and burley tobacco harvest was progressing at a near normal pace, while dark fire and dark air-cured tobacco harvest continued to lag behind, reportedly because of labor shortages. Many farmers wrapped-up the fall hay harvest last week. A few wheat growers have begun seeding. Continue reading →

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28 Sep 2012

Soybean Rust Update

28 Sep 2012
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Soybean rust was detected on 1 leaflet out of 20 collected from a soybean field on the Milan Research and Education Center.  The infected leaflet had approximately 20 sporulating pustules.  No fungicide was applied to the soybeans and the sample was collected from a low lying spot of the field where soybean rust has been reported in previous years.  The soybeans are in reproductive growth stage R6 – R7. Samples from soybean sentinel plots across the state are being examined to determine any other areas with soybean rust infections. Continue reading →

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28 Sep 2012

Weekly Crop Marketing Comments

28 Sep 2012
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Corn prices are up, wheat mixed and cotton and soybean prices down for the week. The U.S. Dollar Index before the close was 80.06 up 0.66 for the week. The Dow Jones Industrial Average before the close was 13,417 down 162 points since last Friday. Crude Oil before the close was 91.93 a barrel, down 1.05 a barrel for the week. USDA released its Grain Stocks report reflecting stocks as of September 1st. Continue reading →

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26 Sep 2012

Crop Insurance- Wheat

26 Sep 2012
Author:  2 Comments

If you are planning on planting wheat this fall you will want to evaluate crop insurance on your wheat crop. The deadline to take out crop insurance for wheat is fast approaching. A colleague from University of Missouri Extension- David Reinbott, Ag Business Specialist in Benton, MO put the following information together on wheat crop insurance. For the most part, it is applicable for Tennessee. Please look it over. The deadline to sign up for crop insurance for wheat is September 30.  With the potential of lower commodity prices next summer, a farmer should take a close look at the revenue based crop insurance products Revenue Protection (RP) and Revenue Protection with Harvest Price Exclusion (RP-HPE).     Continue reading →

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25 Sep 2012

Comparing Wheat Economics for 2013

25 Sep 2012
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In Tennessee and much of the Mid-South, the months of September and October are generally the times producers finalize their decision on whether to plant wheat. Certainly, there are many other decisions occurring during this harvest period, but producers interested in wheat should have already developed their wheat production plan.  There are normally several factors that are examined when developing a wheat production plan. The factor I most look at is the profitability factor. Continue reading →

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24 Sep 2012

Crop Progress

24 Sep 2012
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As reported by NASS on September 24, 2012

ANOTHER GOOD HARVEST WEEK DESPITE RAINS

Farmers in West Tennessee at week’s end were essentially finished with corn harvest and will be concentrating next week on cotton and soybean harvest. Middle and East Tennessee growers continued harvesting hay, tobacco, and a few soybean and corn fields. Producers throughout the state were also preparing fields for seeding the 2013 wheat crop. Armyworm pressure and weed control continued in pastures. Continue reading →

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21 Sep 2012

Weekly Crop Marketing Comments

21 Sep 2012
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Corn, cotton, soybeans and wheat prices are all down for the week. The U.S. Dollar Index before the close was 79.395 up 0.41 for the week. The Dow Jones Industrial Average before the close was 13,580 down 13 points since last Friday. Crude Oil before the close was 93.06 a barrel, down 5.94 a barrel for the week. Continue reading →

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