Tennessee Market Highlights

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Corn, soybeans, and wheat were up; cotton was mixed for the week. December corn futures got very close to the psychological barrier of $4.00 bushel on Friday. If $4.00 is breached early next week, the markets will likely encounter increased producer selling. The long term trend for the December 2017 contract remains up but for how long remains to be seen. Continue reading at Tennessee Market Highlights.  Comments on the February 9, 2017 – USDA World Supply and Demand Estimates and a Profitability Update can be read at USDA WASDE.

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