In the News

The next issue of Agri Marketing will have focus reports on direct marketing and selling to pork producers. To reserve your organization's advertising space, contact Audrey Evans at AudreyE@AgriMarketing; 636/728-1428 ext 2003.

presents WEEKLY COMMODITY HIGHLIGHTS

Nearby Futures	Weekly Change	Friday's Close	Year Ago
Corn	-.01	7.58 ½	3.73 ¼
Soybeans	- ½	13.79 ¾	9.51 ¾
Wheat	+.13 ¼	8.19 ¾	4.67 ¾
Cattle	-.88	104.10	91.58
Hogs	-2.62	88.93	91.58
Cotton	-2.94	152.67	81.28
Milk	+.07	16.55	13.36
Crude Oil	+.49	100.59	74.55

Comments: Last week was a choppy one for grain and soybean futures. Corn and soybean futures basically treaded water, sticking to narrow trading ranges and closing little changed on the week amid continued uncertainty about U.S. corn and soybean plantings. Price support from planting delays in the eastern and northwestern part of the Midwest was offset by forecasts for weather to turn warm and dry. Strong cash corn and soybean prices remained supportive for futures amid tightening old-crop supplies. Wheat futures were hit by technically-driven profit taking early in the week, but rallied to finish higher on rising concerns about European winter wheat crop prospects and the slow pace of U.S. spring wheat planting. Livestock futures lost more ground after coming under pressure from negative cash fundamentals early in the week, but cut losses on signs of improving meat demand and speculative profit taking spurred by oversold market conditions. Cotton futures were pressured by weak demand, but losses were limited by the ongoing drought in Texas cotton areas. Click on the Brock logo or call 1-800-558-3431 for more info on our services.