In the News

Available in August...the new textbook: ProSelling by Purdue Drs. Scott Downey, Dave Downey, Laura Downey and Adayana's Mike Jackson. For more information, click here.

presents WEEKLY COMMODITY HIGHLIGHTS

Nearby Futures	Weekly Change	Friday's Close	Year Ago
Corn	+.59	7.01 ¼	3.94 ¾
Soybeans	+.39	13.85 ¾	10.19 ½
Wheat	+.43 ½	6.94 ¾	5.87 ¼
Cattle	-4.05	110.60	92.28
Hogs	+2.77	98.95	81.70
Cotton	-10.12	101.46	79.96
Milk	+.19	21.19	13.76
Crude Oil	+1.04	97.24	76.01

Comments: Grain and soybean futures took off to the up-side again last week with the corn market leading the way on concerns a severe Midwest heat wave would hurt the pollinating crop. Larger 2011-12 demand estimates from USDA also helped rekindle bullish sentiment in the corn market and will limit the downside for prices going into harvest. Soybean futures were also boosted by weather concerns amid prospects for U.S. soybean supplies to tighten in 2011-12. Corn price strength and oversold technical indicators spurred active profit taking on short positions in wheat futures. However, stiff export competition from Russia stands in the way of further wheat market strength. Livestock futures headed in opposite directions with the live cattle market falling sharply under pressure from lower cash prices and expectations for hot weather to stifle beef demand. Lean hog futures, however, rallied on strong U.S. pork exports and talk of big new sales to China. Cotton futures collapsed last week as falling demand, economic concerns and technical selling overshadowed poor U.S. crop conditions. Click on the Brock logo or call 1-800-558-3431 for more info on our services.