In the News

The October issue will celebrate Agri Marketing magazine's golden anniversary...saluting the tremendous advances the ag industry has made over the past 50 years! For more info or to schedule your organization's ad, contact Audrey Evans at 636/728-1428 ext 2003; e-mail: AudreyE@AgriMarketing.com

presents WEEKLY COMMODITY HIGHLIGHTS

Nearby Futures	Weekly Change	Friday's Close	Year Ago
Corn	+.03 ¾	8.02 ¼	7.31 ¾
Soybeans	+.66 ½	17.37 ½	13.86 ½
Wheat	-.07	8.67 ½	7.49 ¼
Cattle	-1.20	118.88	113.25
Hogs	-3.82	72.38	87.05
Cotton	+1.79	74.45	104.62
Milk	+.06	17.72	21.52
Crude Oil	-0.17	96.15	85.16

Comments: Soybean futures surged again amid renewed concerns about production and continued strong demand, especially from China. Low pod counts from an annual Midwest crop tour helped spur production concerns. Concerns Delta soybean fields could be damaged by Tropical Storm Isaac were also supportive late in the week. Grain futures could not follow soybeans higher with corn prices feeling pressure from increasing harvest activity and slow export demand, which fueled continued speculation prices were already high enough to ration supplies. Wheat futures stuck close to corn futures, coming under some pressure from a sluggish U.S. export pace and badly needed rains in the U.S. HRW wheat belt. Livestock futures were weak with lean hog futures under rising from rising hog supplies and declining wholesale pork prices. Live cattle futures retreated amid expectations for seasonal weakness in wholesale beef prices. Cotton futures rallied on support from a weak U.S. dollar, but ample world stocks kept a lid on gains. Click on the Brock logo or call 1-800-558-3431 for more info on our services.