Tennessee Market Highlights

Author:  Comments Off on Tennessee Market Highlights

Corn, cotton, and wheat were up; soybeans were down for the week. March corn has rallied almost 20 cents since establishing a new contract low of $3.48 ½ on January 7th. March soybeans are up about 15 cents since the start of the year. However, significant resistance appears to be forming near $8.90. March cotton remains trapped in a 3 cent trading range (61-64 cents). March wheat has moved sideways since the USDA’s Winter Wheat Seedings report indicated domestic acreage was down 2.85 million acres. Continue reading at Tennessee Market Highlights.