Corn, soybeans, and wheat were up; and cotton was down for the week.
Corn and soybean harvest futures set new contract highs this week at $5.99 ½ and $14.72. The upward trek in corn and soybean markets have been remarkable. A positive addition to increased prices is creating a very solid risk management base through elevated projected crop insurance prices (prices will be finalized February 28). There remains a lot of bullish momentum in soybean and corn markets, but there are also substantial risks. Continue reading at Tennessee Market Highlights.