Corn, soybeans, and wheat were up; and cotton was mixed for the week.
This week corn continued its upward trend. Since December 15, 2017, De-cember 2018 corn futures have increased from $3.79 ¼ to $3.97, up 17 ¾ cents. The rally has been fueled by recent strong export sales and weather concerns in Argentina. The increase in harvest futures prices is a welcome development as we are in the spring crop insurance price determination period – higher crop insurance prices will increase the revenue guarantees for producers. Continue reading at Tennessee Market Highlights.