Tennessee Market Highlights

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Corn, soybeans, and wheat were up; cotton was down for the week. On Thursday the USDA released the Quarterly Grain Stocks, Winter Wheat Seedings, and World Agricultural Supply and Demand Estimates (WASDE) reports. December 1, corn stocks were estimated at 12.4 billion bushels, up 10% compared to 2015; soybean stocks were estimated at 2.90 billion bushels, up 7% compared to 2015; and wheat stocks were estimated at 2.07 billion bushels, up 19% compared to 2015. Stock estimates were within trade expectations for all three commodities. Continue reading at Tennessee Market Highlights.