In the News

Cotton prices set record highs...see Brock Assoc's comments below. The next issue of Agri Marketing will feature a special salute to the 2010 Agri Marketing Product of the Year (POTY)--AgriGold's GIANTS--and NEW POTY--Dow AgroSciences/Monsanto's SmartStax. 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	+.19	5.79	3.79 ½
Soybeans	+.25 ½	12.25	9.85 ½
Wheat	+.47 ¼	7.18	5.03 ¾
Cattle	-2.87	98.83	86.28
Hogs	-4.45	66.20	57.20
Cotton	+5.55	125.26	67.57
Milk	-.18	15.65	13.80
Crude Oil	-.26	81.43	79.87

Comments: Grain and soybean futures were strong last week with wheat futures leading the way higher on concerns about U.S. winter wheat conditions spurred by lower-than-expected USDA crop ratings. Weakness in the value of the dollar was also supportive for grain prices amid anticipation that the Federal Reserve Board will agree to a new round of quantitative easing at its Nov. 2-3 meeting. Corn futures found fundamental support from expectations for USDA to cut its crop estimate further due to poor yields. Soybean futures continued to find support from strong demand, especially from China. Livestock futures slid despite the weak dollar as soft cash fundamentals set the tone. Live cattle futures were pressured by a $2-$3 retreat in Plains cash cattle prices. Lean hog futures remained under pressure from ample hog supplies and record hog weights, which boosted pork production above a year earlier for the second week in a row. Cotton futures surged to new all-time highs again on strong demand and fund buying before some profit taking set in. Click on the Brock logo or call 1-800-558-3431 for more info on our services.