Corn, cotton, soybeans, and wheat were up for the week.

For the month of August, December corn opened at $3.83 and closed at $3.57
¾, down 25 ¼ cents with a high of $3.89 and a low of $3.44 ¼; November soybeans
opened at $9.96 ¾ and closed at $9.45 ¼, down 51 ½ cents with a high of $10.00 ¼ and a low of $9.21; December cotton opened at 68.86 and closed at 70.93, up 2.07 cents with a high of 71.20 and a low of 66.64; and July wheat opened at $5.37 and closed at $4.83 ½ down 53 ½ cents with a high of $5.43 ½ and a low of $4.74 ¼. Continue reading at Tennessee Market Highlights.

PRODUCERS EXPECT AMPLE SUPPLY OF HAY GOING INTO WINTER

Producers continued to harvest hay under good conditions. Some fields produced higher than normal yields on the 2nd and 3rd cuttings. Corn harvest began last week on about the same pace as last year and the five-year average. Pastures continued to be in mostly good condition. Temperatures were cooler than normal last week over much of the State. There were 6.1 days suitable for field work. Topsoil moisture was 7 percent very short, 17 percent short, 72 percent adequate and 4 percent surplus. Subsoil moisture was 6 percent very short, 17 percent short, 74 percent adequate and 3 percent surplus. Continue reading at TN_08_28_17. The U.S. Crop Progress report can be read at  CropProg-08-28-2017.

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

Domestic corn production/yield will drive prices for the next couple of months.
Currently, the USDA projects U.S. corn production at 14.153 billion bushels,
down 995 million bushels from last year. Harvested acres are projected at 83.5
million acres, down 3.2 million acres compared to last year and yield is projected at 169.5 bu/acre, down 5.1 bu/acre compared to last year. At this time of year, acreage estimates are generally agreed upon, however, national and state average yields are often hotly debated. Continue reading at Tennessee Market Highlights.

Along with harvest planning, this is a critical time of the year for farmers to take a good look at their marketing and financial situation.

Generally this time of year, crops are either in preharvest condition for corn or in a layby state for cotton. Soybeans are usually somewhere in between, depending if they are early planted or late planted. Continue reading at Southeast Farm Press.