Corn, soybeans, and wheat were up; and cotton was mixed for the week. This week corn, soybean, cotton, and wheat prices moved mostly sideways with a narrow trading range. This is contrary to the dramatic swings seen in the stock markets over the past ten days.
March corn futures have traded in a 22 cent range from $3.45 ½ to $3.67 ¾. As of Friday, the market closed near the high end of the trading range. December corn has continued a two month uptrend that has seen prices rise modestly from $3.80 on December 15th to $3.92 ¼ on February 9th. Small but positive gains for those looking to price 2018 production. Continue reading at Tennessee Market Highlights.