Tennessee Market Highlights

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Corn and soybeans were down; cotton and wheat were up for the week. Corn harvest has progressed rapidly in Tennessee and is currently estimated at 14% above the USDA’s 5-year average. With combines rolling and storage space limited, producers are often forced to sell corn at seasonally low prices. Producers should evaluate all marketing options available to them through their local elevator, other purchasers, and brokers. One strategy that may be appealing to producers is purchasing a deferred Call option. Continue reading at Tennessee Market Highlights.