In the News

The next issue of Agri Marketing will feature its annual Ag/Rural Show Guide and an update on the Canadian ag market place. To schedule your organization's ad, contact Judy Knoll at 636/728-1428 ext 2002; e-mail: JudyK@AgriMarketing.com. Be sure to register for the upcoming Ag Media Summit. For more information, go to www.agmediasummit.com

Most Read Items From Prior Issue of

presents WEEKLY COMMODITY HIGHLIGHTS

Nearby Futures	Weekly Change	Friday's Close	Year Ago
Corn	+.09 ½	3.49 ½	4.41
Soybeans	+.11 ¼	9.46 ¼	12.67
Wheat	+.05	4.35 ¾	5.94 ¾
Cattle	-1.45	89.50	80.10
Hogs	-1.27	77.78	57.00
Cotton	+4.48	81.54	56.30
Milk	+.05	13.55	9.88
Crude Oil	+2.27	73.78	72.68

Comments: Grain and soybean futures turned higher last week on supportive action in outside markets and positive fundamental news, which spurred speculative short covering. A weaker dollar and stronger crude oil futures provided underlying support across commodity markets. Corn futures found fundamental support from smaller-than-expected U.S. carryout estimates in Thursday's USDA supply/demand update while oversold wheat futures received a boost on Friday when the Canadian Wheat Board pegged western Canadian wheat acreage at the lowest level since 1971 due to a wet spring. Soybean futures continued to be supported by tight old-crop stocks. Despite easing concerns about the health of the general economy, livestock futures weakened under pressure from continued weakness in wholesale meat prices. Cotton futures roared back from recent losses, though, as USDA tightened its U.S. carryout estimates and weekly export sales hit a marketing year high. Click on the Brock logo or call 1-800-558-3431 for more info on our services.