Agri Marketing Update Email Newsletter Email not displaying correctly? Click Here

November 8, 2010

In the News

Be sure to update your organization's information to be included in the 2011 Agri Marketing Services Guide. For an additional copy of the form, or to schedule an ad, contact Judy Knoll at 636/728-1428 ext 2002, e-mail: JudyK@AgriMarketing.com





presents WEEKLY COMMODITY HIGHLIGHTS
Nearby
Futures
Weekly
Change
Friday's
Close
Year
Ago
Corn +.08 ¾ 5.87 ¾ 3.76 ½
Soybeans +.48 ½ 12.73 ½ 9.67
Wheat +.10 ¾ 7.28 ¾ 5.12 ¼
Cattle -1.28 97.55 86.35
Hogs +.75 66.95 56.60
Cotton +16.97 142.23 67.41
Milk -.20 15.45 13.92
Crude Oil +5.42 86.85 79.62
Comments: Most agricultural commodity markets rose last week as weakness in the value of the dollar spurred broad-based fund buying. The Fed's Thursday announcement of a $600 billion quantitative easing program sent the dollar index to an 11-month low. Cotton and soybean futures racked up the biggest gains as both commodities continued to find good support from strong Chinese demand and technical buying. Improved planting conditions in South American failed to stop the soybean bull market. Corn futures were well supported by expectations for USDA to cut its U.S. production and carryout estimates further this Tuesday. Wheat futures struggled early in the week, but rebounded strongly on support from the weak dollar and increased concerns about dry conditions in U.S. winter wheat areas. Live cattle futures came under pressure from further weakness in Plains direct cash markets amid larger market-ready cattle supplies, while hog futures firmed on indications that cash hog and wholesale pork prices had bottomed out at least temporarily. Click on the Brock logo or call 1-800-558-3431 for more info on our services.

Copyright © 2025 Agri Marketing, All rights reserved.

Our mailing address is:
PO Box 396, Adel, IA 50003

Archived Issues