Corn, soybeans, and wheat were up; cotton was down for the week. Today the USDA released its monthly World Agricultural Supply and Demand Estimates (WASDE) and Crop Production reports. A full summary of the reports for corn, cotton, soybeans, and wheat can be found at: http://economics.ag.utk.edu/outlook.html.

Corn: No changes were made to the domestic balance sheet this month. 2017/18 foreign stocks were decreased by 37 million bushels from the previous month. The USDA is projecting a decrease in global corn stocks of 1.192 billion bushels from the 2016/17 marketing year to the 2017/18 marketing year. Continue reading at Tennessee Market Highlights.