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January 25, 2010

In the News

The March issue of Agri Marketing magazine will include focus reports on the Rural Lifestyle consumer and Dairy producers. To schedule your ad, contact Judy Knoll at 636/728-1428 X2002; JudyK@AgriMarketing.com





presents WEEKLY COMMODITY HIGHLIGHTS
Nearby
Futures
Weekly
Change
Friday's
Close
Year
Ago
Corn -.06 ¼ 3.64 ¾ 3.87 ½
Soybeans -.22 ½ 9.51 ½ 10.12
Wheat -.12 ½ 4.98 ½ 5.66 ¾
Cattle -.72 86.63 82.28
Hogs -0.13 69.85 59.65
Cotton -1.01 71.07 48.93
Milk +.06 14.48 10.63
Crude Oil -3.83 74.54 43.67
Comments: Agricultural futures prices eased last week under pressure from weak supply/demand fundamentals, government policy concerns and doubts about the strength of the general world economy. President Obama's plan to limit trading of commodities by banks triggered concerns about futures market liquidity along with further tightening of China's monetary policy. Sharp losses in U.S. stock markets contributed to economic worries while a strong dollar and weakness in crude oil prices helped spur speculative selling across commodity markets in general. Corn and wheat prices also remained under pressure from large U.S. stockpiles despite increased export demand, while soybean futures felt further pressure from favorable South American growing weather. Livestock futures saw fundamental pressure from indications wholesale pork and beef prices had topped out again. Click on the Brock logo or call 1-800-558-3431 for more info on our services.

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