In the News

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presents WEEKLY COMMODITY HIGHLIGHTS

Nearby Futures	Weekly Change	Friday's Close	Year Ago
Corn	+28 ¾	3.62 ¼	4.38 ¼
Soybeans	+.79	9.64	9.80
Wheat	+26 ¾	4.68	6.04 ¾
Cattle	-.32	82.63	92.13
Hogs	+1.60	50.85	66.98
Cotton	+2.36	63.02	52.44

Comments: Grain and soybean futures rallied strongly last week on support from rising concerns about corn and soybean crop quality amid continued harvest delays in the Midwest and the Delta. Fund buying spurred by technical strength and supportive action in outside markets also gave prices a strong boost. Friday's USDA crop estimates were supportive for soybean futures and neutral for the corn market. Wheat futures held gains despite a huge U.S. ending stocks estimate from USDA. Livestock futures were mixed last week with live cattle futures remaining under pressure from weak beef demand and heavy deliveries against nearby October futures, while lean hog futures rallied on fund buying and stronger-than-expected cash markets. Cotton futures rallied on U.S. dollar weakness, wet Delta weather and a cut in USDA's production estimate. Click on the Brock logo or call 1-800-558-3431 for more info on our services.