Tennessee Market Highlights

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Corn was mixed; soybeans, cotton, and wheat were down for the week. Harvest continues to progress in Tennessee. Corn is almost finished and soybeans should be over two thirds done by the end of the weekend. December 2015 corn futures continue to trade between $3.70 and $4.00. Failure to hold the key support level of $3.70 could see further deterioration in futures prices and challenge the contract low of $3.57 ½, established on August 12th. In October, Tennessee cash prices have held up reasonably well with a price range of $3.33 to $4.13 and an average of $3.69 reported at elevators and barge points. Continue reading at Tennessee Market Highlights.

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