Tennessee Market Highlights

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Corn, soybeans, and cotton were up; wheat was mixed for the week. This week started out with a bang as rumors regarding changes to RFS/Ethanol/ Biodiesel provided fuel for Tuesday’s rally in corn and soybean markets. For the remainder of the week markets moved sideways to lower. The final projected prices and price volatility factors for crop insurance for corn, soybeans, and cotton in Tennessee were set this week. For corn, projected price was set at $3.96 with a price volatility factor of 0.19 (compared to last year – $3.86 and 0.17). For soybeans, projected price was set at $10.19 with a price volatility factor of 0.16 (compared to last year – $8.85 and 0.12). For cotton, projected price was set at $0.74 with a price volatility factor of 0.15 (compared to last year – $0.60 and 0.14). Continue reading at Tennessee Market Highlights.

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