In the News

The May issue will feature the annual listing of ag's largest marketing communications agencies plus salutes to NAMA' AgriBusiness Leader--Elanco President Jeff Simmons--and Agri-Marketer of the Year--AdFarm CEO Roger Reirson!

presents WEEKLY COMMODITY HIGHLIGHTS

Nearby Futures	Weekly Change	Friday's Close	Year Ago
Corn	+.46 ½	7.36	3.44 ½
Soybeans	+.35 ½	13.58	9.42
Wheat	+.26 ½	7.59 ½	4.54 ¾
Cattle	+3.48	122.08	96.65
Hogs	+1.73	94.23	74.13
Cotton	-8.94	195.55	81.50
Milk	-.14	16.65	12.72
Crude Oil	+2.54	107.94	84.87

Comments: The bull market in grain futures was revitalized on Thursday when USDA pegged March 1 U.S. corn stocks about 175 million bushels below the average of trade expectations, indicating the 2010-11 carryout will be even tighter than previously thought. The stocks figure overshadowed large 2011 corn planting intentions of 92.2 million acres. Wheat futures followed corn prices higher, even though wheat stocks and planting intentions were slightly larger than expected. Soybean futures found support from tight stocks and lower acreage as March 1 soybean stocks came in 50 million bushels below the average of trade expectations with planting intentions of 76. 6 million acres toward the low side as well. However, soybean gains were limited by slowing old-crop demand. Live cattle futures surged to new highs as Plains cash markets jumped sharply to record levels, with live cattle selling for as much as $125.00 per hundredweight amid strong beef demand. Front-end lean hog futures were also supported by strong cash fundamentals, while surging corn prices boosted deferred live cattle and lean hog futures. Click on the Brock logo or call 1-800-558-3431 for more info on our services.