Market Highlights

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Corn, soybeans, cotton, and wheat were down for the week. This week, December corn and November soybean futures continued price declines that started after last week’s highs as weather remained favorable in most major production areas. Currently, the markets are approaching key resistance lev-els in December corn and November soybean futures at $4.00 and $9.60, respectively. Failure to hold prices above these thresholds could facilitate an additional futures price decline. Continue reading at Tennessee Market Highlights.