In the News

The next issue of Agri Marketing will feature focus reports on selling to beef producers and an update on Direct/Relationship Marketing. To schedule your ad, contact Judy Knoll at 636/728-1428 ext 2002; JudyK@AgriMarketing.com. Follow Agri Marketing on Twitter at: http://twitter.com/AgriMarketing

presents WEEKLY COMMODITY HIGHLIGHTS

Nearby Futures	Weekly Change	Friday's Close	Year Ago
Corn	+.08 ½	5.21 ¾	3.36 ½
Soybeans	+.57	11.26	9.19 ½
Wheat	-.19 ¼	7.20	4.73
Cattle	-3.37	96.03	86.10
Hogs	+1.33	79.03	50.23
Cotton	+3.65	101.30	63.06
Milk	-.05	16.26	12.06
Crude Oil	+2.83	76.49	65.89

Comments: Soybean and cotton futures were big gainers last week with both markets being boosted by heavy fund buying, a sharp drop in the value of the dollar and world production concerns. Strong export demand from China also remained a key supportive factor for both soybean and cotton prices. Nearby soybean futures closed above $11.00 for the first time in nearly 13 months, while cotton futures jumped to 15-year highs. Corn futures were pressured by speculative profit taking after charting 2-year highs on Monday, but rallied back strongly on Friday on support from the surging soybean market and renewed concerns about U.S. production. Wheat futures were hit by profit taking amid signs of slowing export demand and a pick-up in Russian winter wheat planting activity. Cattle and hog futures headed in opposite directions as live cattle prices took a beating from active fund long liquidation following a bearish USDA Cattle-on-Feed Report, while hog futures rose on their discount to cash and ideas high grain prices would limit production. Click on the Brock logo or call 1-800-558-3431 for more info on our services.