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June 15, 2009

In the News

The next issue of Agri Marketing will feature its annual listing of Ag/Rural Shows and Conventions...plus a special Supplement about the upcoming Ag Media Summit. For more information, contact Judy Knoll at 636/728-1428 ext 2002; JudyK@AgriMarketing.com





presents WEEKLY COMMODITY HIGHLIGHTS
Nearby
Futures
Weekly
Change
Friday's
Close
Year
Ago
Corn -.09 ½ 4.34 ½ 7.09
Soybeans +.20 ½ 12.45 ½ 15.36 ½
Wheat -.38 ¼ 5.84 ¾ 8.51
Cattle +.38 80.48 94.83
Hogs -.28 59.80 73.48
Cotton +.99 56.10 69.64
Comments: Corn futures sold off sharply on Friday under pressure from a stronger dollar and improving crop weather after Tuesday's USDA supply/demand report lowered projected 2009-10 ending stocks as expected. Wheat futures came under heavy pressure from fund long liquidation spurred by the firmer dollar and a continued lack of export demand heading into the main U.S. winter wheat harvest period. Soybean futures found further support from tight supplies as USDA lowered its ending stocks estimates, but were hit with profit taking on Friday as the dollar rallied. Livestock futures remained under pressure from weak meat demand and fund liquidation, while cotton futures held on to modest gains after dollar weakness spurred buying at midweek. Click on the Brock logo or call 1-800-558-3431 for more info on our services.

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