Tennessee Market Highlights

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Corn and soybeans were up; cotton and wheat were down for the week. Corn and soybean export sales exceed expectations for the week. However, the strong sales pace will need to continue in order to meet the USDA’s marketing year projections of 2.175 billion bushels of corn and 1.985 billion bushels of soybeans. Currently, outstanding corn and soybean export sales are up 93% and 27%, from last year at this time. The marketing year for corn and soybeans began September 1 so there is still a substantial amount of time that can change export outlook. Continue reading at Tennessee Market Highlights.

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