Tennessee Market Highlights

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Corn and wheat were down; soybeans and cotton were up for the week. This past week was a short trading week due to the Thanksgiving Holiday. Corn export sales were up noticeably compared to previous weeks in spite of the USD index crossing over 100. Export sales will have to maintain or accelerate the sales pace of the past week in order to get back on track to meet the USDA’s export projections, which are currently 17% behind the 5-year average for export sales and commitments. Likely we will see additional export reductions on either the December or January WASDE reports. Continue reading at Tennessee Market Highlights.

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