In the News

Reservations for advertising in the annual AgriMarketing Services Guide close soon! For more information, contact Judy Knoll at 636/728-1428 ext 2002; e-mail: JudyK@AgriMarketing.com. We look forward to seeing many of our readers at next week's NAMA and NAFB meetings.

presents WEEKLY COMMODITY HIGHLIGHTS

Nearby Futures	Weekly Change	Friday's Close	Year Ago
Corn	+ .28 ¾	4.01 ½	3.75 ½
Soybeans	+ .61½	8.63 ¾	10.10
Wheat	+ .20	5.36 ¼	8.08
Cattle	+ 5.15	92.70	94.93
Hogs	- 3.70	54.80	53.88
Cotton	- 1.86	44.29	64.08

Comments: Grain futures rebounded last week as a recovery by world stock markets helped ease economic concerns that had been weighing heavily on prices. The unprecedented move by USDA to revise its October corn and soybean crop estimates also was supportive as both crops were reduced, leaving those markets looking even more fundamentally under-priced than they appeared starting the week. Weakness in the U.S. dollar was supportive for all commodity values, while gains were limited by further crude oil price declines. Live cattle futures shot higher on easing economic fears and tightening fed cattle supplies, but lean hog futures were hit by renewed seasonal pressure from large supplies and weak pork prices. Click on the Brock logo or call 1-800-558-3431 for more info on our services.