In the News

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	+ .04	5.86 ½	5.40 ¾
Soybeans	+.33 ¼	11.35 ¾	12.79 ¾
Wheat	+.37 ¾	6.12 ¼	7.06 ½
Cattle	+.80	121.90	103.08
Hogs	-2.05	86.25	68.93
Cotton	+.53	91.35	137.34
Milk	+.53	18.66	13.77
Crude Oil	+4.19	100.96	88.00

Comments: Grain futures rebounded last week as pressure from macroeconomic concerns eased on positive U.S. economic data and a lack of further bearish news on the European debt crisis. Short-covering spurred by month-end position evening and oversold technical indicators also boosted prices. Corn futures gains were limited, though, by continued commodity fund long liquidation and worries U.S. corn is being pushed out of Asian markets by competition from Ukrainian and South American corn as well as Australian feed wheat. Grain and soybean futures action may be cautious and choppy this week amid further position evening ahead of the key EU debt summit and the release of the latest USDA supply/demand update on Friday. Livestock futures were mixed again last week with live cattle futures finding support from further strength in Plains cash cattle trade despite a downturn in wholesale beef prices. Lean hog futures were pressured by weaker pork prices and their premium to cash hog markets. Cotton futures wound up with small gains in volatile trade as support from a weaker dollar was offset by poor export sales. Click on the Brock logo or call 1-800-558-3431 for more info on our services.