In the News

Weekly Commodity

Highlights

Courtesy of

Brock Associates

www.brockreport.com

Nearby Futures 

Weekly Change

Friday’s

Close   

Year Ago  

Corn 

+10 ¾

3.86 ¾

2.54 ½

Soybeans

+5

8.17 ½

5.86 ¾

Wheat

+19 ¾

5.20 ¾

3.92

Cattle

-.25

90.80

79.98

Hogs

+.15

74.88

69.60

Cotton

-.66

50.48

52.35

Weekly Comments: Wheat futures took off to the upside again last week as heavy rains in the southern Plains and drought conditions in Ukraine reignited concerns about tight world supplies. Corn futures also moved higher amid concerns about light rainfall in the eastern Corn Belt. Soybean futures edged higher on the strength in grain prices and weather concerns. Livestock futures trade was mixed last week with live cattle futures finding support from their discount to cash markets despite lower cash trade.