Tennessee Market Highlights

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Corn, soybeans, and wheat were up; cotton was mixed for the week. Decem-ber corn futures came close to contract lows getting as low as $3.65 at the beginning of the week before rallying to a high of $3.84 ½ on Friday (closing at $3.78). Harvest soybean futures set a new contract low Monday at $8.96 ¾ before rebounding to a high of $9.27 on Friday (closing at $9.14). Unless ad-verse weather conditions materialize in larger production regions it is likely that this rally will be short lived as the majority of the Corn Belt has had above average growing conditions year-to-date. Continue reading at Tennessee Market Highlights.

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