In the News

The April issue of Agri Marketing will contain the list of Best of NAMA winners and a focus report on Ag and Rural broadcasting. To schedule your ad, contact Audrey Evans at 636/728-1428 ext 2003; AudreyE@AgriMarketing.com

presents WEEKLY COMMODITY HIGHLIGHTS

Nearby Futures	Weekly Change	Friday's Close	Year Ago
Corn	+.09 1/4	7.21 ¼	3.72
Soybeans	+.42 ¾	14.07 ¾	9.32 ½
Wheat	+.24	8.00 1/2	4.90 ½
Cattle	+2.03	114.05	93.03
Hogs	-1.82	88.48	73.58
Cotton	+23.81	215.15	82.12
Milk	+0.51	19.58	12.88
Crude Oil	+6.54	104.42	80.21

Comments: Commodity price action remained volatile last week with grain and soybean futures rebounding on supportive fundamentals despite ongoing concerns that pressure from surging crude oil prices could throw the world economy back into a recession. The rising crude market spurred index fund buying. Tight U.S. stocks remained the dominant factor in the corn market, while soybean futures found support from Brazilian harvest delays and fresh Chinese buying. Wheat futures were propped up by concerns about U.S. production with conditions in the key state of Kansas rated only 25% good/excellent at the end of February. Livestock futures had a mixed week with live cattle futures surging on support from record prices in Plains cash markets and strengthening beef prices. Lean hog futures, however, were pressured by weakness in wholesale pork prices and their premium to flat cash hog markets. Cotton futures roared back to the upside on concerns about tight world supplies and renewed speculative buying. Click on the Brock logo or call 1-800-558-3431 for more info on our services.