Tennessee Market Highlights

Author:  Comments Off on Tennessee Market Highlights

Cotton was up; wheat was mixed; corn and soybeans were down for the week. Harvest corn futures continued to trade sideways for the sixth consec-utive week. Average domestic corn yields are very likely to exceed the 2009 record of 164.7 bpa. Many analysts have 2014 yield estimates above 170 bpa (the USDA estimated yields at 167.4 bpa in the August WASDE). As a result of the estimated record yield, 2014 corn production is estimated at 14.031 billion bushels (above the current record of 13.925 billion bushels set in 2013). Continue reading at Tennessee Market Highlights.