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June 4, 2007
In the News
Coming up in the July issue: annual FARM SHOW GUIDE; CANADIAN ag market update and marketing to specialty crop producers! To make agri-marketers aware of your organization's services, contact Judy Knoll at 636/728-1428 ext 2002; or e-mail her at: JudyK@AgriMarketing.com
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Weekly Commodity
Highlights
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Courtesy of
Brock Associates
www.brockreport.com
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Nearby Futures
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Weekly Change
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Friday’s
Close
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Year Ago
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Corn
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+10 ¾
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3.86 ¾
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2.54 ½
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Soybeans
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+5
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8.17 ½
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5.86 ¾
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Wheat
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+19 ¾
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5.20 ¾
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3.92
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Cattle
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-.25
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90.80
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79.98
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Hogs
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+.15
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74.88
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69.60
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Cotton
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-.66
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50.48
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52.35
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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.
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