Tennessee Market Highlights

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Soybeans and wheat were down; cotton and corn were up for the week. December corn has bounced back from the August 12th low of $3.57 ½. Corn yields continue to be the subject of great debate as several crop tours have substantially different state yield estimates than the August 12th USDA Crop Production report. It is generally accepted that the Western Corn Belt will have record-to-near record yields while the Eastern Corn Belt will have yields that are below trend. Whether the good yields in the west offset the poorer yields in the east will determine if the USDA’s estimated national average yield of 168.8 bu/acre is high or low. Continue reading at Tennessee Market Highlights.

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