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Futures
@CT - COTTON #2 - ICEFU
Month Open High Low Last Change Close Time More
Mar 19 70.28 70.50 69.71 70.31 0.09 70.22s 02/15 Chart for @CT9H Options for @CT9H
May 19 71.52 72.07 71.29 71.96 0.15 71.86s 02/15 Chart for @CT9K Options for @CT9K
Jul 19 73.37 73.43 72.68 73.33 0.17 73.24s 02/15 Chart for @CT9N Options for @CT9N
Oct 19 74.15 0.12 73.23s 02/15 Chart for @CT9V Options for @CT9V
Dec 19 72.62 72.93 72.27 72.85 0.09 72.80s 02/15 Chart for @CT9Z Options for @CT9Z
Mar 20 73.50 74.00 73.50 73.76 0.10 74.00s 02/15 Chart for @CT0H Options for @CT0H
May 20 74.39 0.09 74.44s 02/15 Chart for @CT0K Options for @CT0K
Jul 20 74.31 0.09 74.80s 02/15 Chart for @CT0N Options for @CT0N
@S - SOYBEANS - CBOT
Month Open High Low Last Change Close Time More
Mar 19 905'2 909'6 901'2 907'6 4'0 907'4s 06:12P Chart for @S9H Options for @S9H
May 19 919'6 923'6 915'4 921'4 3'6 921'4s 05:12P Chart for @S9K Options for @S9K
Jul 19 932'6 936'6 929'0 934'6 3'6 935'0s 05:11P Chart for @S9N Options for @S9N
Aug 19 938'0 941'6 934'6 940'4 3'4 940'2s 02/17 Chart for @S9Q Options for @S9Q
Sep 19 941'4 944'4 937'6 944'2 3'4 943'4s 12:53A Chart for @S9U Options for @S9U
@W - WHEAT - CBOT
Month Open High Low Last Change Close Time More
Mar 19 507'6 508'6 499'2 503'2 -2'6 504'2s 06:19P Chart for @W9H Options for @W9H
May 19 511'2 512'2 503'0 505'6 -3'4 507'0s 05:29P Chart for @W9K Options for @W9K
Jul 19 514'0 514'4 504'6 508'0 -4'0 509'2s 06:21P Chart for @W9N Options for @W9N
@C - CORN - CBOT
Month Open High Low Last Change Close Time More
Mar 19 374'6 376'4 373'0 374'6 0'0 374'6s 06:07P Chart for @C9H Options for @C9H
May 19 383'0 385'0 381'4 382'6 -0'2 382'6s 06:01P Chart for @C9K Options for @C9K
Jul 19 390'6 392'6 389'2 390'4 -0'2 390'4s 05:50P Chart for @C9N Options for @C9N
Sep 19 394'0 395'6 392'6 394'0 0'2 394'2s 01:18P Chart for @C9U Options for @C9U
Dec 19 399'4 401'0 398'2 399'4 0'0 399'2s 05:59P Chart for @C9Z Options for @C9Z
My Custom Markets
Symbol Open High Low Last Change Close Time More

Johnny's Blog
Wet and getting Wetter - looking for more inside jobs
2-18-19
A pretty wet week will give us more time for paper work.  When I think about budgets, I also think about ways of reducing costs.  So as we move forward some of the ideas we come up with deserve some consideration, however we need to be the most careful on cutting costs that also reduce gross revenue.  The first thing I try to do is to classify items as essential vs optional. 
For the optional items, I tend to look whether or not those optional items actually increase total revenue enough to pay for them, or do they simply offer an easier or time saving step for my operation.  If the optional item is not an income producer, it can still be justified when it frees up time that allows you to make money on another area of your operation. 
Essential items by definition cannot be cut out, however; we can still evaluate these items to be sure they are offering maximum returns.  Some examples of fine tuning essential items include many of the usual items like specific field by field fertility plans.  Perhaps looking closer at nitrogen adjustment as some fields have enough residual nitrogen to make 1000 pounds of cotton.  These typically are our most productive fields.  We are also at a cross roads where some new chemicals or varieties are higher cost, but the older options may still be more profitable.  Sometimes, just removing duplication can lower the budget.
The top investments are coming from seed, fertility, and equipment and these are probably the areas where our focus could have the biggest impact.

DISCLAIMER: The data contained herein is for informational, conversational, and philosophical thinking and is for general purposes only. Ideas expressed apply to the Upper Southeast growing region. Although the information was obtained from various sources, which we believe to be reliable, we do not in any way guarantee its accuracy or completeness. Comments are influenced by past experiences, personal bias and hypothetical speculation by the writer and are not always accurate predictors of future events. Specific references to Agricultural Products and Rates are used for examples and do not reflect specific endorsement or recommendations for use. Always read and follow all label directions and precautions for use. We disclaim any responsibility for any errors or omissions contained herein. FULL DISCLOSURE: There is no compensation received by Johnny to promote any product referenced with in this blog. Johnny is a paid employee of Commonwealth Gin


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Did You Know?

In 1925 Clarence Birdseye pioneered quick-freezing and frozen food


Fact courtesy of the USDA


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Windsor, VA
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Local Forecast
Windsor, VA
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High: 46°F
Low: 31°F
Precip: 0%
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Precip: 80%
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Local Conditions
Windsor, VA
Chg Zip Code: 
Temp: 53oF Feels Like: 53oF
Humid: 42% Dew Pt: 31oF
Barom: 30.21 Wind Dir: N
Cond: N/A Wind Spd: 0 mph
Sunrise: 6:49 Sunset: 5:50
As reported at SUFFOLK, VA at 7:00 PM
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Quote Ticker
  • COTTON #2 (Mar 19) 70.31 0.09 2/15/19   1:23 PM CST
  • COTTON #2 (May 19) 71.96 0.15 2/15/19   1:23 PM CST
  • COTTON #2 (Jul 19) 73.33 0.17 2/15/19   1:23 PM CST
  • COTTON #2 (Oct 19) 74.15 0.12 2/15/19   1:23 PM CST
  • COTTON #2 (Dec 19) 72.85 0.09 2/15/19   1:23 PM CST
  • COTTON #2 (Mar 20) 73.76 0.10 2/15/19   1:23 PM CST
  • COTTON #2 (May 20) 74.39 0.09 2/15/19   1:23 PM CST
  • COTTON #2 (Jul 20) 74.31 0.09 2/15/19   1:23 PM CST
  • SOYBEANS (Mar 19) 907'6 4'0 2/15/19   1:19 PM CST
  • SOYBEANS (May 19) 921'4 3'6 2/15/19   1:19 PM CST
  • SOYBEANS (Jul 19) 934'6 3'6 2/15/19   1:19 PM CST
  • SOYBEANS (Aug 19) 940'4 3'4 2/15/19   1:17 PM CST
  • SOYBEANS (Sep 19) 944'2 3'4 2/15/19   1:19 PM CST
  • WHEAT (Mar 19) 503'2 -2'6 2/15/19   1:19 PM CST
  • WHEAT (May 19) 505'6 -3'4 2/15/19   1:19 PM CST
  • WHEAT (Jul 19) 508'0 -4'0 2/15/19   1:19 PM CST
  • CORN (Mar 19) 374'6 0'0 2/15/19   1:19 PM CST
  • CORN (May 19) 382'6 -0'2 2/15/19   1:19 PM CST
  • CORN (Jul 19) 390'4 -0'2 2/15/19   1:19 PM CST
  • CORN (Sep 19) 394'0 0'2 2/15/19   1:19 PM CST
  • CORN (Dec 19) 399'4 0'0 2/15/19   1:19 PM CST

 
 
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