Tuesday, January 17, 2012

Tennessee cotton planting expected to rise in

opexibu.wordpress.com
Farmers have told the that they intend toplanrt 340,000 acres of cottonn this year, a 19 percenrt increase over 2008. The pendulum to cotton swunhg aroundApril 1, according to the TDA, as farmerxs watched low but stable cotton prices. Corn and soybean pricez have swung erratically and have dropped rapidly sincethe year’s growing season began. Farmere also expect late summer and fall pric e rallies in cotton as drought conditions in WestTexas persist, according to the TDA. Persisteny rainfall throughout April and May made for one of the most difficulty planting seasons inrecent times. Many cotton acres had to be replante this season due to flooding andseed rot.
The rain also led many farmerse to adjust their overall planting The rain led many farmers to plant 7 percenty more soybeans than they did last Tennessee farmers willplant 1.6 million acres of soybeans this year, the highest soybean acreage in 25 TDA attributes some of this to corn acreag e abandonment as the rains made farmersx miss their planting windows. Corn acreage is expectedf to be down 6 percent overalplat 650,000 acres. This is down 20,000 acrees from March intentions anddown 40,00p0 acres from last year.

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