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

KIOTI Names New VP And Chief Procurement Officer

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Nominations For NAMA Professional Development Awards Now Open

presents WEEKLY COMMODITY HIGHLIGHTS

Nearby Futures	Weekly Change	Friday's Close	Year Ago
Corn	+.11 1/4	3.60 3/4	4.48 1/2
Soybeans	+.15	9.61	9.97 3/4
Wheat	+.18	4.58 3/4	6.47 1/2
Cattle	-0.20	89.30	88.40
Hogs	+2.32	80.87	75.70
Cotton	+0.24	81.78	61.47
Milk	+.03	13.58	15.20
Crude Oil	+3.40	77.18	75.50

Comments: Wet weather concerns, solid demand and short covering by speculators have helped grain and soy futures rebound the past two weeks. Even though more than two-thirds of the U.S. soybean crop is off to a very good start, slow growth and replanting due to excessive moisture in some areas could trim the size of the crop. A large majority of corn fields remains in exceptionally good shape, with pollination just couple weeks off. The corn market is drawing underlying support from USDA's upward revisions in its corn-for-ethanol usage estimates and new-found Chinese demand. Wheat prices may have finally found solid support The extremely wet spring/early summer in western Canada lit a fire underneath spring wheat futures, which in turn lifted winter wheat prices. Between 8 and 12 million acres of small grains have gone unplanted in Canada's prairie provinces. There was a huge 23% decline in cattle placements during May (partially because the May 2009 placement total was unusually small), but the on-feed inventory was pegged at 1% larger than a year ago. Click on the Brock logo or call 1-800-558-3431 for more info on our services.