In the News

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presents WEEKLY COMMODITY HIGHLIGHTS

Nearby Futures	Weekly Change	Friday's Close	Year Ago
Corn	+.23 ½	3.90 ½	3.77
Soybeans	+.32	9.87	8.94
Wheat	+.44 3/4	5.39	5.38 ¼
Cattle	-1.67	83.33	90.55
Hogs	-.70	55.00	56.20
Cotton	+.56	67.10	41.30

Comments: The grain markets continued on their recent roller coaster ride last week as corn, soybean and wheat futures all turned sharply higher on renewed commodity fund buying driven by a weak dollar and strong world stock markets. The corn market also found fundamental support from USDA's lower crop estimate, but soybean futures rose despite a larger-than-expected crop estimate and much-improved harvest weather across the Midwest. Wheat futures rose despite a further increase in U.S. ending stocks due to slow export demand. Live cattle futures were hit by pressure from weak Plains cash markets and slow beef demand. Lean hog futures were pressured speculative profit taking spurred seasonal weakness in cash hog prices as well as overbought market conditions. Cotton futures were supported by the weak dollar, strong grain prices and a smaller-than-expected USDA crop estimate. Click on the Brock logo or call 1-800-558-3431 for more info on our services.