Corn, soybeans, cotton, and wheat were down for the week. Commodity prices moved sideways at the beginning of the week and down on Friday. Reports this week out of South America should be considered neutral to bearish for corn and soybean prices. The further we move into February and March, the more production uncertainty will be removed from the Argentine and Brazilian crop – this will be negative for prices if the record large crop is realized. Harvest has already commenced on early planted soybeans in South America, but the majority of their soybeans will not be harvested until late February or March. Continue reading at Tennessee Market Highlights