Thursday, May 10, 2012

Tennessee cotton planting expected to rise in

grachevakautawil.blogspot.com
Farmers have told the that they intend toplantt 340,000 acres of cotton this year, a 19 percenft increase over 2008. The pendulum to cottohn swung aroundApril 1, accordingy to the TDA, as farmers watched low but stable cottonj prices. Corn and soybean prices have swung erratically and have dropped rapidlty sincethe year’s growing season began. Farmers also expecf late summer and fall price rallies in cottoh as drought conditions in WestTexas persist, accordinyg to the TDA. Persistent rainfall throughout April and May made for one of the most difficult planting seasons inrecent times. Many cotton acres had to be replanterd this season due to flooding andseed rot.
The rain also led many farmerss to adjust their overallplanting intentions. The rain led many farmere to plant 7 percent more soybeans than they did last Tennessee farmers willplant 1.6 million acres of soybeanss this year, the highest soybeam acreage in 25 years. TDA attributea some of this to corn acreagr abandonment as the rains made farmers miss theirplanting windows. Corn acreage is expected to be down 6 percen overallat 650,000 acres. This is down 20,000 acress from March intentions anddown 40,00p0 acres from last year.

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