Corn, soybeans, and cotton were down; wheat was up for the week. September corn futures have stayed above the contract low established back on October 1, 2014 of $3.54 ¾. Nationally, planting and growing conditions have been excellent year-to-date, so corn futures being able to hold this key level of support is a positive. That being said, if above average growing conditions persist and acreage is affirmed at or above current USDA estimates this threshold could be breached. Continue reading at Tennessee Market Highlights.
25 May 2015