Tennessee Market Highlights

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Soybeans and cotton were up; wheat was down; and corn was mixed for the week. On Friday, harvest futures for cotton and soybeans closed the month out on a high gaining 1 cent and 25 cents, respectively. The two commodities had dramatically different fortunes in July. December cotton futures closed up 9.49 cents (opening at 64.55 and closing at 74.04) and finally broke above 70 cents for the first time since September 2014. November soybeans plummeted in July losing $1.50 (opening at $11.53 and closing at $10.03). Continue reading at Tennessee Market Highlights.