Tennessee Market Highlights

Author: Chuck Danehower, Extension Area Specialist - Farm Management Comments Off on Tennessee Market Highlights

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

This week the USDA released the September WASDE and Crop Production Reports.
Analysis of the reports can be found at: Tennessee Monthly Crop Comments.

Overall the September WASDE report was bearish for corn, soybeans, and cotton and neutral-to-bullish for wheat. 2017/18 projected domestic (world) ending stocks were 2.335 billion bushels (7.971 billion bushels), 475 million bushels (3.584 billion bushels), 6 million
bales (92.54 million bales), and 933 million bushels (9.669 billion bushels) for corn, soybeans, cotton, and wheat, respectively. Global corn stocks were projected down from the previous marketing year, while soybean, cotton, and wheat stocks were projected up. Continue reading at Tennessee Market Highlights.

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