Tennessee Market Highlights

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Corn and wheat were down; cotton and soybeans were up for the week.

Domestic corn production/yield will drive prices for the next couple of months.
Currently, the USDA projects U.S. corn production at 14.153 billion bushels,
down 995 million bushels from last year. Harvested acres are projected at 83.5
million acres, down 3.2 million acres compared to last year and yield is projected at 169.5 bu/acre, down 5.1 bu/acre compared to last year. At this time of year, acreage estimates are generally agreed upon, however, national and state average yields are often hotly debated. Continue reading at Tennessee Market Highlights.

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