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November 24, 2008

In the News

Exhibit information for the 2009 NAMA convention were mailed last week. To reserve your organization's booth, contact Judy Knoll at 636/728-1428 ext 2002 or e-mail: JudyK@AgriMarketing.com The AgriMarketing staff wishes you the best of Thanksgivings and a great Holiday Season!





presents WEEKLY COMMODITY HIGHLIGHTS
Nearby
Futures
Weekly
Change
Friday's
Close
Year
Ago
Corn - .41 ¾ 3.38 ½ 3.82
Soybeans - .56 8.40 10.84
Wheat - .55 ¼ 4.99 8.03 ½
Cattle - 5.15 84.90 96.35
Hogs +1.30 56.88 55.75
Cotton - 0.04 40.99 60.07
Comments: Grain and soybean futures took it on the chin last week from renewed concerns about the world economy triggered by continued weakness in crude oil futures and the drop by U.S. stock markets to 5-year-plus lows. Index fund liquidation remained a negative factor across commodity markets. Corn futures, which fell to a new 13-month low, also remained under strong pressure from poor export demand as did the wheat market. Soybean futures found limited support from continued strong export sales. Cattle futures plunged as stock market losses spurred more concerns about beef demand, but lean hog futures firmed in anticipation of seasonal declines in hog supplies. Cotton futures again were pressured by the weak world economy. Click on the Brock logo or call 1-800-558-3431 for more info on our services.

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