Tennessee Market Highlights

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Corn, soybeans, cotton, and wheat were down for the week. Weather and macro-economic factors triggered large declines in grains and oilseeds this week. Increased rain forecasted for most of the Corn Belt and the U.K. vote to leave the E.U. were major market movers this week. Both of these factors will continue to weigh on commodity markets as there is a tremendous amount of uncertainty moving forward for both. Continue reading at http://economics.ag.utk.edu/market/tnmkt/2016/market062416.pdf.