Soybeans and cotton were up; corn and wheat were down for the week. As corn harvest finishes up and soybean harvest enters its peak in Tennessee, producers should look for pricing opportunities for both the 2015 and 2016 crop. Producers should have a marketing plan developed for this year’s remaining crop and next year’s crop. The plan should not be overly complicated and should be revised on regular basis to reflect changes in market conditions and individual farm circumstances. Two important factors to consider are: 1) sale price points (cost of production plus a reasonable return to equipment, land, labor, and management) on a farm-by-farm basis; and 2)marketing tools (cash contracts, futures, options, brokerage services etc.) that the producer is comfortable using. Establishing a basic marketing plan will allow producers to more objectively evaluate the opportunities that markets are offering them. Continue reading at Tennessee Market Highlights.