In the News

The Agri Marketing staff wish you and yours a Happy Thanksgiving...and a big shoutout of gratitude to the nation's farmers and ranchers and those who support them!

presents WEEKLY COMMODITY HIGHLIGHTS

Nearby Futures	Weekly Change	Friday's Close	Year Ago
Corn	- .28 ¼	6.10 ¼	5.41 ¾
Soybeans	+.02 ¼	11.68 ¼	12.42
Wheat	-.18 ½	5.98 ¼	6.45 ¼
Cattle	-.85	119.70	100.80
Hogs	+1.03	87.48	68.65
Cotton	-4.43	94.81	133.90
Milk	+.09	19.09	15.48
Crude Oil	-1.22	97.67	82.42

Comments: Grain and soybean futures remained under pressure from demand concerns and fund long liquidation last week as investors stayed nervous about the European debt crisis and the MF Global debacle continued to limit trading volume. A stronger dollar also weighed on prices. Corn futures felt added pressure from another week of poor U.S. export sales amid rising competition from Ukrainian corn. Soybean futures managed a modest rebound as fresh Chinese demand helped trigger profit taking on short positions. However, CFTC data showed large speculators were net short soybean futures/options for the first time in 16 months. Wheat futures followed corn lower as Black Sea region wheat continued to dominate export trade, limiting demand for ample U.S. supplies. Economic worries also weighed on livestock futures and the live cattle market felt fundamental pressure from weaker cash trade as packers bought for a holiday-shortened slaughter week. Lean hog futures bucked pressure from outside markets amid expectations for lower wholesale pork prices to spur fresh demand. Cotton futures turned downward on renewed demand concerns spurred by events in Europe and the stronger dollar. Click on the Brock logo or call 1-800-558-3431 for more info on our services.