Tennessee Market Highlights

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Soybeans were up; cotton and wheat were down; and corn was mixed for the week. November soybean futures closed the week up 35 cents from last Friday, closing at $9.39. The rally was partially driven by concerns over wet conditions on the western edge of the Corn Belt. Soybean planting progress in Kansas and Missouri were estimated at 57% and 42%, well behind their 5- year average paces of 85% and 79%, respectively. At this point there is still time to get the remaining crop planted/replanted in these two states however drier conditions in the next two weeks will be required. Continue reading at Tennessee Market Highlights.

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