Corn, soybeans, and wheat were up; cotton was down for the week. Snow in the central plains from last weekend provided the initial catalyst for a rally in grain markets early in the week; however by the end of the week corn and wheat gave back over half of the early week gains.
Corn planting progress increased 17% last week (approximately 15.3 million acres planted in one week). It is truly remarkable how quickly farmers can plant a crop if Mother Nature cooperates. Continue reading at Tennessee Market Highlights.