Tennessee Market Highlights

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Soybeans were up; cotton and wheat were down; and corn was mixed for the week. On Thursday morning, March corn set a new contract low of $3.62 ½, before bouncing back on Thursday afternoon and Friday, closing down 1 cent for the week. Corn exports continue to lag well behind USDA projections at 17% (297.5 million bushels) of the 1.75 billion bushels projected for the 2015/16 marketing year. The five year average export pace would have 25% of the marketing year total (437.5 million bushels) exported by this week. Continue reading at Tennessee Market Highlights.