Tennessee Market Highlights

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Corn, soybeans, and wheat were up; cotton was down for the week. March corn futures have traded flat since October 28th in a range of $3.71 to $4.01. Due to record production and the 2 billion plus bushel carry over, producers should be cautious carrying unpriced corn into 2015 as it is likely we will see the market trade flat to down in early 2015. Soybean export sales continue to provide price support as net sales commitments year-to-date are near 1.46 billion bushels for the 2014/15 marketing year com-pared to the USDA estimated marketing year total of 1.72 billion bushels (2014/15 marketing year is from September 1, 2014 to August 31, 2015). Continue reading at Tennessee Market Highlights

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