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presents WEEKLY COMMODITY HIGHLIGHTS

Nearby Futures	Weekly Change	Friday's Close	Year Ago
Corn	-.20 1/4	3.40 1/2	3.90
Soybeans	-.04	9.57	9.79
Wheat	-.02 1/2	4.56 1/4	5.95
Cattle	+0.05	89.35	90.00
Hogs	-.12	80.75	74.30
Cotton	+2.97	84.72	65.42
Milk	+.05	13.63	15.26
Crude Oil	+1.68	78.86	73.28

Comments: Soaring expectations for the 2010 corn crop have pulled that market down toward key support on the daily charts. Virtually the entire corn crop has ample to surplus soil moisture with the pollination phase just around the corner and moderate temperatures in the intermediate-term forecast. This could be a monster crop! There is more uncertainty swirling around the soybean crop. Excessive rains in May and June have caused unevenness both within fields and from field-to-field. The overall soybean crop rating has slipped six percentage points the past two weeks. The soy complex is sensitive to production concerns because the current marketing year will end with a relatively tight carryover. November soybeans have key support in the $9 area. Wheat futures appear to have put in a major low, but the upside is limited by generous supplies and spillover pressure from corn. The June hog report showed no expansion, despite excellent profits for swine operations the past few months. The breeding herd was pegged at 3% smaller than a year ago and the market hog count was down 4%. All meat markets were relieved to hear an agreement had been reached on the U.S.-Russia poultry dispute, but it will be a month or two before chicken exports to Russia resume. Click on the Brock logo or call 1-800-558-3431 for more info on our services.