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.

presents WEEKLY COMMODITY HIGHLIGHTS

Nearby Futures	Weekly Change	Friday's Close	Year Ago
Corn	+15 ¼	4.64	3.09 ½
Soybeans	-.06 ¼	10.23 ½	9.73 ½
Wheat	-.01 ½	7.06 ¾	4.32 ¾
Cattle	-1.30	97.15	87.23
Hogs	+.05	77.25	52.43
Cotton	-.08	90.87	58.99
Milk	+.12	16.28	12.02
Crude Oil	+1.85	76.45	71.94

Comments: Corn futures continued their bullish run last week on strong fund buying and USDA's confirmation of a smaller U.S. crop. USDA lowered corn production by 205 million bushels on Friday while cutting usage only 50 million bushels, leaving the projected 2010-11 stocks-to-use ratio at 8.3%, the lowest since 1995-96. Soybean futures rallied to start the week on talk of strong demand, but fell back after USDA unexpectedly raised U.S. production by 50 million bushels, offsetting an increase in projected U.S. exports. Wheat futures finished a very choppy week little changed amid continued uncertainty about supply/demand fundamentals. Support from strong export demand for U.S. wheat was offset by a higher USDA projection of world ending stocks. Live cattle futures rallied on higher Plains cash trade and stronger U.S. stock markets, while lean hog futures were steady to higher with deferred contracts rising on ideas high grain prices will limit hog production in 2011. Cotton futures held firm on strong export prospects despite a larger U.S. crop estimate from USDA. Click on the Brock logo or call 1-800-558-3431 for more info on our services.