Corn and wheat were up; cotton and soybeans were down for the week.
Prices were mixed this shortened trading week. Friday saw a post-Thanksgiving Day sell off in stock markets that bled over into commodities. The DJIA shed 898 points on Friday due to fears of a new COVID-19 variant. December cotton dropped 3.78 cents, January soybeans were down 13 ¾ cents, and December wheat was down 11 ¼ cents. December corn closed up 7 cents for the day but had a wide trading range ($5.66 ¾ to $5.88; 21 ¼ cents). Next week will determine if this is a short term over reaction or if follow through selling occurs in stock markets and commodity futures. Continue reading at Tennessee Market Highlights.