Tennessee Market Highlights

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Corn, soybeans, cotton, and wheat were up for the week. December corn futures have rebounded 27 cents since the contract low on August 31of $3.14 ¾. Looking at cash prices, Lower-middle Tennessee has a 10 to 40 cent premium over other regions in the state due to abnormally dry conditions earlier this summer and strong local demand from the poultry industry. So far, yields in Lower-middle Tennessee have been extremely variable. In Northwest and Upper middle Tennessee yields will be more consistent and average yields should run at or slightly above trend line (155-165 bu/acre). Continue reading at Tennessee Market Highlights.

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