In the News

All ads one-half page or larger running in the Sept. issue will be included in the annual READEX Research readership study. For more info, contact Judy Knoll at 636-728-1428 X2002, e-mail: JudyK@AgriMarketing.com

presents WEEKLY COMMODITY HIGHLIGHTS

Nearby Futures	Weekly Change	Friday's Close	Year Ago
Corn	+.12 ¼	4.05	3.32 ½
Soybeans	+.06 ½	10.59	11.59
Wheat	+.64 ¼	7.25 ¾	5.00 ¼
Cattle	+.13	92.78	83.20
Hogs	-3.80	82.03	51.08
Cotton	+2.04	84.40	58.98

Comments: Corn and soybean futures were pulled higher by the soaring wheat market again last week, but could not keep pace as favorable growing conditions across the heart of the Midwest spurred hedge selling. Soybean futures also continued to find support from strong Chinese demand. Wheat futures rocketed to their highest levels in nearly two years on support from the continued drought in Russia and news that Russia would ban grain exports through the end of 2010. The overbought wheat market corrected hard on Friday, however, as Russia promised to honor existing export contracts. Live cattle futures were boosted by commodity fund buying and expectations for a seasonal rebound in beef prices, while lean hog futures collapsed at midweek on ideas that cash hog and pork prices had topped out. Cotton futures were boosted by active commodity fund buying tied to strength in grain prices and optimism about the general economy. Click on the Brock logo or call 1-800-558-3431 or more info on our services.