In the News

The next issue of Agri Marketing will include the annual Ag/Rural Show Guide, a salute to the Ag Media Summit and an update on the Canadian ag market. To schedule your organization's ad, contact Audrey Evans at 636/728-1428 ext 2003; AudreyE@AgriMarketing.com

presents WEEKLY COMMODITY HIGHLIGHTS

Nearby Futures	Weekly Change	Friday's Close	Year Ago
Corn	-.18 ½	5.79 ½	7.25 ¾
Soybeans	-.49 ¾	13.76	13.68
Wheat	-.20 ¾	6.09 ½	7.08 ½
Cattle	-3.73	116.15	104.20
Hogs	+.10	93.03	95.25
Cotton	+7.08	79.98	151.96
Milk	+.06	15.61	19.17
Crude Oil	-.07	84.03	94.81

Comments: Position evening was the featured activity across most agricultural futures markets last week amid uncertainty about Midwest weather and the outcome of Sunday's elections in Greece. Tight U.S. soybean carryout estimates from USDA failed to support soybean futures as traders took profits on long positions following the previous week's big gains. Weather forecasts and economic worries also weighed on corn futures, along with unchanged carryout estimates from USDA and weak export demand. Wheat futures fell along with the corn market despite tighter U.S. and world carryout estimates from USDA. The U.S. winter wheat harvest continued to weigh on prices. Livestock futures had a mixed week with live cattle futures coming under heavy pressure from weaker Plains cash markets and fund liquidation spurred by technical weakness and demand worries, but lean hog futures were steady-higher on support from sharp gains in Midwest cash hog markets amid tighter-than-expected hog supplies. Cotton futures rallied sharply on profit taking and an unexpectedly strong U.S. export sales total for the week ended June 8. Click on the Brock logo or call 1-800-558-3431 for more info on our services.