In the News

Happy Holiday season from the Agri Marketing crew! Note: milk and crude oil prices have been added to Brock & Associates Weekly Commodity Highlights table below.

presents WEEKLY COMMODITY HIGHLIGHTS

Nearby Futures	Weekly Change	Friday's Close	Year Ago
Corn	-.23 ½	3.73 ¾	3.18 ¼
Soybeans	-.10	10.43	8.11
Wheat	+.01	5.49 ¾	4.67 ¾
Cattle	-.2.20	81.00	83.08
Hogs	+2.12	61.15	57.10
Cotton	+.47	70.21	41.66
Milk	-.10	14.73	15.35
Crude Oil	-.58	75.47	43.67

Comments: Last week was a mixed one for agricultural commodities with corn futures suffering large losses under pressure from a build-up of new-crop supplies in the cash market pipeline and technically-driven speculative liquidation. A sharp rally in the value of the dollar following Friday's lower-than-expected U.S. unemployment rate estimate also weighed on grain prices. Wheat futures surged early in the week on further fund short covering, but gave back gains under pressure from corn prices, continued slow exports and the stronger dollar. Soybean futures were hit with some profit taking at midweek, but continued to be underpinned by strong U.S. exports. Live cattle and lean hog futures moved in opposite directions again with hog futures surging on strong cash hog and wholesale pork prices, while cattle prices came under heavy pressure from weak wholesale beef prices and lower Plains cash cattle markets. Click on the Brock logo or call 1-800-558-3431 for more info on our services.