Corn was up; wheat and soybeans were mixed; and cotton was down for the week.

The USDA Quarterly Grain Stocks Report was released on Thursday. The report estimated corn stored on December 1, 2022, totaled 10.8 billion bushels, down 7 percent from the previous year. The September-November 2022 indicated disappearance was 4.30 billion bushels, compared with 4.67 billion bushels during the same period last year. Soybeans stored on December 1, 2022, totaled 3.02 billion bushels, down 4 percent from the previous year. Indicated disappearance for September-November 2022 totaled 1.53 billion bushels, down 4 percent from the same period a year earlier. All wheat stored on December 1, 2022, totaled 1.28 billion bushels, down 7 percent from a year ago. The September-November 2022 indicated disappearance is 498 million bushels, 26 percent above the same period a year earlier. Continue reading at Tennessee Market Highlights.