Tennessee Market Highlights

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Corn, cotton, and wheat were up; soybeans were down for the week. Corn futures have reversed price direction after a mid/late December slide. The March futures contract continues to be range bound trading between $3.40 and $3.70 since early October. Next week’s WASDE report could be critical as USDA may have significant revisions to both production and use. Nearby corn -to-soybean price ratio has declined from over 3.0 to 2.78. Continue reading at Tennessee Market Highlights.

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