Bt corn traits that are potentially available in Tennessee are quite numerous, and non-Bt corn refuge requirements vary depending whether you are in a corn only area or in a cotton growing area. Cotton growing areas in Tennessee include Continue reading
No one can blame you if you are confused about seed treatments? There are options that differ by crop and seed companies. Furthermore, pricing is not always transparent and some seed company websites are vague or do not even mention seed treatment options. There are really three pest groups that seed treatments target; namely seedling fungal diseases, insects Continue reading
This will be the last crop marketing comments for 2011 and I would like to take the opportunity to wish you a merry and safe Christmas and Holiday season. Markets will be closed on Monday, December 26 and January 2. Prices are through Thursday, December 22. Corn, cotton, soybeans, and wheat prices are all up for the week. The March U.S. Dollar Index before the close on Thursday was at 80.26, down 0.57 for the week. The Dow Jones Industrial Average before the close was up 302 points for the week at 12,168. Crude Oil was trading before the close at 99.56 a barrel, up 5.81 a barrel regaining last week’s losses. Continue reading
Corn, cotton, and wheat prices are down for the week while soybean prices are up. The December U.S. Dollar Index before the close on Friday was at 80.23, up 1.52 for the week. The Dow Jones Industrial Average before the close was down 328 points for the week at 11,868. Crude Oil was trading before the close at 94.04 a barrel, down 5.23 a barrel or 5.3%. Uncertainty from Europe continues to affect the Dollar valuation and by extension commodity prices. There is not a clear indication which way the European debt crisis will go and it definitely has an effect on prices whether through strength in the Dollar or concerns on how much cotton products a weak European economy would need. Continue reading
Cotton, soybeans, and wheat prices are down for the week while corn prices are mixed. The December U.S. Dollar Index before the close on Friday was at 78.72, essentially unchanged for the week. The Dow Jones Industrial Average before the close was up 177 points for the week at 12,196. Crude Oil was trading before the close at 99.27 a barrel, down 1.69 a barrel. European leaders agreed on some measures to shore up their financial crises, but disagreed on others. Today, the effect was positive as Wall Street rebounded and the dollar was weaker. However, this could be an on again off again deal and continue to cause uncertainty until some positive results are seen. USDA released their monthly supply & demand report today which has overall been considered bearish to the market as U.S. ending stocks increased for corn, soybeans, and wheat while global stocks increased for cotton. Continue reading
Corn
In today’s report, corn, soybeans, and wheat production was unchanged awaiting the January production report for any updates. The only change made in U.S. corn stocks was a 5 million bushel reduction in food and seed resulting in a corresponding 5 million bushel increase in ending stocks to 848 million bushels. The average trade estimate was looking for a 5 million bushel reduction in stocks at 838 million bushels. Feed and residual use, corn for ethanol, and exports were left unchanged. The stocks to use ratio is estimated at 6.7%, unchanged from last month. Continue reading
Corn, cotton, soybeans, and wheat prices are all up for the week. The December U.S. Dollar Index before the close on Friday was at 78.79, down 1.04 for the week. The Dow Jones Industrial Average before the close was up 823 points for the week at 12,055. Crude Oil was trading before the close at 100.33 a barrel, up 3.56 a barrel. Outside influences may have affected more the Dow this week than commodity prices, but at least prices are up for the week. A surprise coordinated move by six major central banks around the world to provide liquidity at very low interest rates was put in place to avoid a meltdown in the euro. Continue reading
Final cotton variety test results can be found at:
PB1742 Tennessee Cotton Variety Test Results 2011
A new resource is available that quickly summarizes 2011 cotton variety trial results:
W285 Cotton Variety Guide 2011