Tennessee Market Highlights

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Corn, cotton, and wheat were down; soybeans were up for the week. Corn and wheat futures decreased 10-25 cents while soybean futures increased 5- 15 cents this week. This week, the soybean futures market continued its recent volatility. November soybean futures had daily trading ranges of 21, 27, 19, 28, and 27 cents. Next week we will likely see continued volatility in soybeans as on Tuesday the USDA will release the May WASDE report. The report has the potential to provide fuel for continuing the uptrend or a reversal in soybean markets. Continue reading at Tennessee Market Highlights.

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