In the News

Upcoming reports in the Nov/Dec issue will include a salute to Agri Marketing's NEW Product of the Year, marketing to beef producers and update on Direct/Relationship marketing. For more info, contact Audrey Evans, AudreyE@AgriMarketing.com, 636/728-1428 X 2003.

presents WEEKLY COMMODITY HIGHLIGHTS

Nearby Futures	Weekly Change	Friday's Close	Year Ago
Corn	+.40	6.40	5.67 ¼
Soybeans	+1.11 ¾	11.58 ¼	11.88 ½
Wheat	+.15 ¼	6.22 ¾	7.00 ¾
Cattle	-1.33	121.65	96.08
Hogs	+.68	90.08	68.85
Cotton	-.04	101.94	114.87
Milk	-.11	17.92	16.82
Crude Oil	+3.82	86.80	82.69

Comments: Grain futures rebounded last week as speculators took profits on short positions amid oversold market conditions and increased hopes for a favorable resolution to the European debt crisis. Soybean futures led the way higher, posting their strongest weekly gain in more than two years, with help from a tighter U.S. carryout estimate. Corn futures found fundamental support from China's purchase of 900,000 metric tons of U.S. corn, but lagged behind soybeans due to harvest pressure and a higher-than-expected U.S. carryout estimate. Wheat futures gave back most of their early-week gains under pressure from larger-than-expected U.S. and world wheat stocks estimates from USDA and continued slow export demand. Livestock futures action was mixed with live cattle futures slipping under pressure from lower Plains cash trade and negative packer operating margins. Lean hog futures finished the week firmly, though, as cash hog and wholesale pork prices bounced back from early-week losses. Cotton futures gave back early-week gains under pressure from USDA's lower estimate of U.S. exports. Click on the Brock logo or call 1-800-558-3431 for more info on our services.