In the News

Congratulations to the AAEA award program winners! The next issue of Agri Marketing will include reports on marketing to the Rural Lifestyle consumer. Also Fruit & Vegetable producers. For more info, contact Judy Knoll at 636/728-1428 ext 2002; JudyK@AgriMarketing.com

presents WEEKLY COMMODITY HIGHLIGHTS

Nearby Futures	Weekly Change	Friday's Close	Year Ago
Corn	+.21 ½	3.92 ¾	3.32 ¼
Soybeans	+.35 ½	10.52 ½	11.28 ¼
Wheat	+.65 ¼	6.61 ½	5.16 ¼
Cattle	-.78	92.65	84.58
Hogs	+2.60	85.83	54.63
Cotton	+2.04	82.36	58.08
Milk	+.03	14.94	10.78
Crude Oil	-.03	78.95	66.94

Comments: Grain and soybean futures skyrocketed last week with the wheat market continuing to lead the way as the ongoing drought in Russia spurred further speculation Russian grain exports will be down sharply in 2010-11. Grain traders also remained concerned about production in Kazakhstan, Ukraine and parts of the European Union. Technical strength and a weak dollar helped spur heavy commodity fund buying of grain futures as well. Soybean futures found further good support from strong Chinese demand and renewed uncertainty about U.S. production due to hot weather in the Delta and the southern Midwest. Livestock futures had a mixed week with lean hog futures surging higher along with cash hog and wholesale pork prices on support from tight hog supplies. Live cattle futures weakened along with Plains cash markets, however, as wholesale beef markets turned lower. Cotton futures rallied on fund buying spurred by the weak dollar and worries about Delta weather. Click on the Brock logo or call 1-800-558-3431 for more info on our services.