In the News

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LebanonTurf Names Bross Senior Marketing Manager

presents WEEKLY COMMODITY HIGHLIGHTS

Nearby Futures	Weekly Change	Friday's Close	Year Ago
Corn	+.15 ½	3.89 ¼	3.38
Soybeans	-.08	10.35	8.56 ½
Wheat	-.32	5.17 ¾	4.91 ¼
Cattle	-.85	80.15	84.48
Hogs	+2.85	64.00	56.15
Cotton	+.47	70.21	44.46
Milk	+.10	14.83	15.18
Crude Oil	-5.60	69.87	47.98

Comments: Grain and soybean futures had another mixed week as a stronger U.S. dollar put outside pressure on prices. Corn futures rallied back from early-week losses despite a larger USDA carryout estimate, as the severe winter storm that hit the Midwest spurred talk of crop losses. Soybean futures drifted a bit lower in choppy trade under pressure from speculative profit taking despite continued strong export demand. Wheat futures continued to lose ground under pressure from weak demand and large U.S. ending stocks. Cattle futures slumped to new lows on falling cash cattle and beef prices, but speculative profit taking spurred by oversold conditions trimmed losses. Lean hog futures continued to rally on support from stronger-than-expected cash hog and pork prices. Cotton futures held firm as a lower USDA carryout estimate spurred fresh speculative buying. Click on the Brock logo or call 1-800-558-3431 for more info on our services.