In the News

The next issue of Agri Marketing will feature a special salute to the 2010 Agri Marketing Product of the Year--AgriGold's GIANTS. 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

The Passing Of Rob Stenson

presents WEEKLY COMMODITY HIGHLIGHTS

Nearby Futures	Weekly Change	Friday's Close	Year Ago
Corn	-.03	5.60	4.03 ½
Soybeans	+.14 ½	11.99 ½	10.05 ½
Wheat	-.33 ¾	6.70 ¾	5.51 ¾
Cattle	+4.05	102.20	85.95
Hogs	+1.75	70.65	53.73
Cotton	+9.84	119.71	68.55
Milk	+.06	16.88	12.72
Crude Oil	-.24	81.69	81.19

Comments: Last week was a mixed one for grain and soybean markets, as jump in the value of the dollar weighed on commodity prices on Monday and Tuesday, but renewed dollar weakness spurred fresh speculative buying at midweek. The rally in corn futures stalled as slow export demand helped spur speculative profit taking. Wheat futures suffered sizeable losses under pressure from corn price weakness, the stronger dollar and favorable rains in southern Plains HRW wheat areas. Soybean futures pushed to new highs, however, on continued support from strong Chinese demand and nervousness about dry weather in Brazil's center-west soybean belt. Live cattle futures surged on unexpected strength in Plains market cash prices, which jumped $4-$5 to a 7-year high on strong beef prices. Lean hog futures firmed on general fund buying and ideas that cash markets may be near a fall low. Cotton futures closed the week at new all-time highs on support from strong U.S. cotton exports to China and technical buying. Click on the Brock logo or call 1-800-558-3431 for more info on our services.