In the News

The next issue of Agri Marketing will feature focus reports on marketing to the rural lifestyle consumer and fruit and vegetable producers. For more info, 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	-.06	3.16 ¼	5.73
Soybeans	+.11 ½	10.21	13.85
Wheat	-.25 ½	5.16 ¼	7.87 ¾
Cattle	-1.85	84.53	98.55
Hogs	-5.63	59.05	79.73
Cotton	-4.71	57.39	71.04

Comments: Corn and soybean futures trade turned choppy last week despite continued strong pressure from mild Midwest weather, which kept conditions near ideal for corn pollination and soybean blooming. Oversold market conditions limited selling interest along with strong export sales and a weak dollar. Wheat futures gave back the previous week's gains as export demand for U.S. wheat stayed poor and spring wheat conditions improved. Live cattle futures were pressured by sharp losses in hog futures and weaker Plains cash cattle trade. Hog futures collapsed under pressure from their premium to cash markets as weaker pork prices spurred expectations for seasonal cash weakness. Cotton futures were slammed by technical fund selling and signs U.S. cotton had become too high priced in the world market. Click on the Brock logo or call 1-800-558-3431 for more info on our services.