In the News

The October issue of Agri Marketing will feature focus reports on Ag/Rural Broadcasting and Marketing Research. To schedule your ad, contact Judy Knoll at 636/728-1428 ext 2002; JudyK@AgriMarketing.com. Product of the Year nominations are due Friday, Sept. 10.

presents WEEKLY COMMODITY HIGHLIGHTS

Nearby Futures	Weekly Change	Friday's Close	Year Ago
Corn	- ¼	4.21	3.23
Soybeans	+.12 ¾	10.22	11.14 ¼
Wheat	-.16 ½	6.62 ½	4.75
Cattle	-1.55	99.05	85.18
Hogs	-2.37	74.83	47.90
Cotton	+1.88	89.03	55.54
Milk	+.01	15.15	11.20
Crude Oil	+1.73	75.17	72.49

Comments: Last week was another choppy week for grain and soybean futures amid uncertainty about U.S. corn yields and world wheat supplies. Concerns about the general U.S. economy weighed on commodity prices until Fed Chairman Ben Bernanke said on Thursday that the Fed would take supportive action on any further economic weakness. Corn futures came under strong early week pressure from anticipation of the Midwest harvest, but rallied back on disappointing early yields and strong weekly export sales. Soybean futures found support from hot, dry weather that stressed the crop in the eastern Midwest. Wheat futures collapsed early in the week on heavy speculative profit taking but rebounded on renewed concerns about Russia's crop and strong U.S. export sales. Live cattle futures were hit by speculative profit taking amid overbought market conditions and expectations for seasonal weakness in beef prices. Lean hog futures fell on a downturn in cash hog and wholesale pork prices amid seasonal increases in hog marketings. Cotton futures were well supported by trade and speculative buying driven by strong U.S. export. Click on the Brock logo or call 1-800-558-3431 for more info on our services.