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	+.34 ¾	5.63	3.73
Soybeans	+.50	11.85	9.83
Wheat	-.14 ¾	7.04 ½	5.05
Cattle	+2.60	98.15	85.65
Hogs	-5.63	68.90	54.48
Cotton	+2.10	109.87	67.64
Milk	+.03	16.82	12.71
Crude Oil	-1.41	81.25	77.58

Comments: Corn and soybean futures posted sizeable gains again last week after starting out strongly in a continued reaction to the bullish USDA production and ending stocks data released on Oct. 8. A weak dollar also spurred further investment fund buying, however, the rally stalled out at midweek as speculators booked profits on long positions and fast harvest progress spurred hedge selling. Wheat futures could not follow-through on the previous week's gains as ample U.S. stocks and good winter wheat planting progress limited further buying interest. Live cattle futures shot higher late in the week in reaction to stronger-than-expected $97.00-$97.50 cash trade in Plains direct markets and strength in wholesale beef prices. Live hog futures came under heavy pressure from plunging cash prices as rising hog marketings continued to outpace packer demand. Cotton futures surged to a new all-time price high on support from tight world supplies and a weak dollar before being hit by heavy speculative profit taking on Friday. Click on the Brock logo or call 1-800-558-3431 for more info on our services.