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Forms to collect updated information for the 2012 Agri Marketing Services Guide have been distributed. If you want a copy, or to schedule an ad, 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	- .27 ¾	5.82 ½	5.38 ¼
Soybeans	-.61 ¾	11.02 ½	12.38 ½
Wheat	-.23 ¾	5.74 ½	6.48 ¼
Cattle	+1.40	121.10	102.23
Hogs	+.82	88.30	70.35
Cotton	-3.99	90.82	116.06
Milk	+.02	19.11	15.42
Crude Oil	-.90	96.77	88.02

Comments: There was no let-up in the sell-off in grain futures last week as mounting fears the European debt crisis would spur another world recession dominated trade. A strong dollar helped spur fresh fund selling. Fundamental pressure on corn and wheat prices came from continued poor export demand amid stiff competition from Black Sea region suppliers. Soybean futures came under renewed pressure from signs of a slowing Chinese economy and strong South American crop prospects. Short-covering due to oversold market conditions and month-end position evening may support grain and soybean futures in the near term, but economic concerns aren't likely to disappear. Livestock futures bucked the macroeconomic concerns last week, posting modest gains with help from firm cash market fundamentals. Strong wholesale beef prices and tightening cattle supplies continued to support live cattle futures, while lean hog futures found support from a modest rebound in Midwest cash hog markets. Cotton futures racked up further losses under pressure from the strong dollar and concerns about China's economy. Click on the Brock logo or call 1-800-558-3431 for more info on our services.