In the News

The March issue of Agri Marketing will feature Focus Reports on the Rural Lifestyle Market and Dairy producers. To schedule your organization's 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	-.13 ¼	6.44	3.58 ¼
Soybeans	-.12 ¼	13.98	9.29
Wheat	+.01 ¼	8.24 ½	4.83 ¾
Cattle	-.45	107.50	85.38
Hogs	+5.42	85.75	66.58
Cotton	+7.81	164.75	69.23
Milk	Unch	13.50	14.54
Crude Oil	+.23	89.34	73.67

Comments: Corn and soybean futures suffered modest losses last week as speculators took some profits on long positions. Trading was choppy as tight U.S. supplies continued to support both markets. However, improved crop conditions in Argentina pressured prices early in the week and concerns about unrest in Egypt led investors to cut back on risk exposure on Friday. The wheat market found further support from the unrest in North Africa and the Middle East early in the week, but faded badly on Friday amid fears the uprising in Egypt could disrupt wheat shipments to that major market. Forecasts for snow in the U.S. HRW wheat belt also weighed on futures. Livestock futures had a mixed week with front-end lean hog futures soaring on tightening hog supplies and indications of strong export demand for U.S. pork. Live cattle futures tried to follow the hog market higher, but felt pressured from further weakness in Plains direct cash markets. The cotton market continued to soar as tight world supplies and strong Chinese demand spurred continued speculative buying. Click on the Brock logo or call 1-800-558-3431 for more info on our services.