In the News

Happy Holiday season from the Agri Marketing crew!

presents WEEKLY COMMODITY HIGHLIGHTS

Nearby Futures	Weekly Change	Friday's Close	Year Ago
Corn	- .01	5.85 ½	5.60 ¼
Soybeans	-.28 ¾	11.07	12.73
Wheat	-.38 ¾	5.73 ½	7.35 ½
Cattle	-3.60	118.30	100.95
Hogs	-.85	85.40	69.45
Cotton	-1.41	90.43	136.97
Milk	-.07	18.59	13.80
Crude Oil	-1.55	99.41	87.79

Comments: Grain and soybean futures came under renewed pressure from demand concerns last week amid continued strong competition for export business and renewed investor nervousness about macroeconomic prospects ahead of the European Union summit meeting. Corn futures could not rally despite support from strong U.S. ethanol production and South American weather concerns. Larger-than-expected U.S. and world ending stocks estimates released by USDA on Friday further boosted demand concerns. Soybean futures were hit hardest by Friday's news as USDA cut projected U.S. use another 35 million bushels or 7.1%. USDA also trimmed projected U.S. wheat exports by 50 million bushels and projected the second largest world wheat carryout on record. Livestock futures also came under pressure from demand concerns with live cattle futures plunging amid steep declines in beef cutout values. Lean hog futures remained under pressure from expectations for seasonal cash weakness through the holidays. Cotton futures stumbled under pressure from slow export demand and a firm U.S. dollar. Click on the Brock logo or call 1-800-558-3431 for more info on our services.