Soybeans and cotton were up; corn was mixed; and wheat was down for the
week.

Fridays rally helped pull commodity prices up after early week price declines
on follow through from the November 9th WASDE and Crop Production reports.
On Friday, corn contracts closed up 5 ½ -6 cents, soybeans up 15 ½ – 18
½ cents, cotton up 0.17-0.57 cents, and wheat up 4-5 ¾ cents.
As harvest winds down it is important for producers to re-evaluate their marketing plan. Consideration may need to be given to the following: 1) Storage – How much of the crop stored is priced versus unpriced? What are my alternatives for the unpriced crop held
in storage?; 2) Re-ownership (establishing a position in the futures market without holding the physical commodity – after the cash sale occurred) – If the cash crop was sold, are strategies using futures and options to take a position or potential position, in order
to participate in a potential post-harvest rally, worthwhile; 3) Price enhancement – Are there option strategies that can allow me to increase my average selling price for the crop by collecting premiums? Continue reading at Tennessee Market Highlights.