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The October issue of Agri Marketing will include a Salute to the Assn of Equipment Mfgrs celebrating its 125th Anniversary! For more information, contact Audrey Evans at AudreyE@AgriMarketing.com, Ph: 515-954-8589.

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Millennials — Today's and Tomorrow's Farmers

Tomorrow's farm owners and operators are working on the farm today. This generation will manage production of most of the world's food and fiber — our next greatest farming generation. We're meeting their specialized information needs in our magazines, online and in an eNewsletter — NewGen Farmer, edited specifically for these key producers.
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WEEKLY COMMODITY HIGHLIGHTS

Nearby Futures	Weekly Change	Friday's Close	Year Ago
Corn	+0.0075	3.7150	3.6475
Soybeans	+0.0025	8.8300	8.5500
Wheat	+0.0300	4.8725	5.1300
Cattle	+5.43	110.58	118.58
Hogs	+3.60	69.85	55.48
Cotton	+0.38	60.90	77.72
Milk	-0.49	18.17	15.95
Crude Oil	-2.22	55.87	72.12

A generally quiet week in the grains complex, with markets drifting without direction as traders eyed U.S. harvest weather and fresh soybean demand from China. The upside in grain and oilseed prices was limited by ample supplies and the lack of any significant frost threat in the Midwest. While a long-feared early autumn cold snap has not materialized, that does not mean conditions are ideal: heavy rains have persisted across the northwest Corn Belt, and in the past week parts of the central Corn Belt, including central Illinois, have seen excessive rains. With above-average rainfall expected to continue, the early stages of harvest could be slow and sloppy. Soybeans were underpinned by fresh buying from China, which made several purchases of U.S. soybeans during the week ahead of mid-October trade talks between the two countries. Wheat futures were underpinned by the adverse weather in the northern Plains and into the Canadian prairies, which have fed concerns about the spring wheat crop, and by dryness in the southwest Plains at the start of hard red winter planting season. Crude oil futures continued to retreat from highs set in the wake of a drone attack on key Saudi Arabia infrastructure.

In the livestock complex, live cattle rallied for a third straight week, climbing to a seven-week high on support from a friendly Cattle on Feed report and strengthening Plains cash cattle markets. The early August fire at a Kansas beef plant run by Tyson appears to be in the rearview mirror at this stage, and the near-term cash cattle price outlook is favorable. Lean hog futures surged early in the week amid an upturn in the cash hog market and firm wholesale pork values. Hopes for increased pork export sales to China also boosted futures. Futures' upside is limited however by large hog supplies.

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