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Daily Market Report Archive

Soybeans

HighLow
Cash Bids13691344
New Crop13261319
 

Riceland Foods

 
Cash BidsStuttgart: 1304Pendleton: 1304
New CropStuttgart: 1119 Pendleton: 1144
 

Futures:
SOYBEANS
High Low Last Change
Jan '14 1312.50 1280.25 1287.00 -25.50
Mar '14 1292.75 1262.50 1270.00 -22.50
May '14 1277.50 1250.00 1257.25 -19.75
Jul '14 1265.00 1238.25 1246.25 -18.25
Aug '14 1230.00 1215.00 1221.25 -13.25
Sep '14 1173.50 1160.75 1166.50 -8.75
Nov '14 1135.00 1125.00 1129.00 -6.00
Jan '15 1138.75 1131.25 1134.50 -6.00
Mar '15 1140.25 1137.00 1138.50 -6.00
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Soybean Comment

Soybean futures collapsed today on news that Argentina received beneficial rains this week. March has violated trendline support near $12.70. Additional support is seen between $12.56 and $12.33. Longer-term the market will begin to become more focused on the 2014 U.S. crop. The current ratio for corn and soybean prices is at 2.5, anything above a 2.2 favors planting more soybeans.



Wheat

HighLow
Cash Bids650625
New Crop646646
 

Futures:
WHEAT
High Low Last Change
Mar '14 605.25 595.50 597.00 -8.25
May '14 611.50 602.25 603.75 -8.25
Jul '14 616.25 606.25 608.25 -8.50
Sep '14 625.25 616.50 618.25 -8.25
Dec '14 640.25 630.50 632.25 -8.25
Mar '15 647.25 639.00 640.75 -8.00
May '15 642.00 -7.75
Jul '15 638.00 636.25 636.50 -8.75
Sep '15 643.00 -9.00
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Wheat Comment

Wheat prices set new contract lows today. Large global supplies and weak U.S. export demand continue to weigh on this market. This combined with weakness in the soybean market forced wheat prices lower. While prices remain oversold, they will likely need some type of positive fundamental news to spur any kind of significant rally.



Grain Sorghum

HighLow
Cash Bids471471
New Crop----
 

Arkansas Daily Grain Report

FOB Memphis Elevator Crops



Corn

HighLow
Cash Bids452427
New Crop442437
 

Futures:
CORN
High Low Last Change
Mar '14 427.25 418.50 420.50 -1.50
May '14 435.25 426.75 429.00 -1.25
Jul '14 442.00 433.50 435.75 -1.25
Sep '14 448.00 439.50 442.00 -1.50
Dec '14 454.50 446.00 448.25 -2.00
Mar '15 465.00 456.50 459.00 -2.00
May '15 470.00 463.00 465.25 -2.00
Jul '15 474.00 466.50 468.75 -2.00
Sep '15 460.00 -3.00
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Corn Comment

Corn prices closed the day with modest losses; given the losses in the soybean and wheat markets. A good export inspection report on Monday continues to provide underlying support for this market. Tomorrow’s export sales report will be key for this market, as it will set the tone heading into the first full week of the new year. This market still faces a USDA report next Friday that is expected to raise production, and could potentially lower domestic demand as the first quarterly stocks report will be released that same day. The market continues to hold support at nearby lows of $4.10 and resistance at $4.30.



Cotton

Futures:
COTTON
High Low Last Change
Mar '14 85.07 83.5 84.04 0.6
May '14 84.89 83.53 84.02 0.38
Jul '14 84.58 83.48 83.98 0

Memphis, TN Cotton and Tobacco Programs

Cotton Comment

Cotton futures closed mixed, as the nearby contracts closed lower and the deferred contracts held onto recent gains. This is a market that is poised for correction as recent gains have the market in an overbought situation. Next week’s USDA report will likely give us a look at the direction for this market in the near-term as we will get our final look at the 2013 production numbers, which may see yields adjusted lower again. Strong support for this market begins at 80.29-cents and resistance holds at 85-cents.



Rice

HighLow
Long Grain Cash Bids- - -1490/cwt
Long Grain New Crop- - -1359/cwt
 

Futures:
ROUGH RICE
High Low Last Change
Jan '14 1583.0 1552.0 1577.5 +26.5
Mar '14 1554.0 1527.5 1551.0 +23.5
May '14 1552.5 1538.0 1551.0 +16.5
Jul '14 1536.5 1531.5 1533.5 +5.0
Sep '14 1434.0 1430.0 1434.0 +3.5
Nov '14 1407.0 +3.5
Jan '15 1407.0 +3.5
Mar '15
DTN Click here for info on Exchange delays.

Rice Comment

Rice futures posted solid gains today. March is testing resistance in the $15.50 area, closing today at $15.51. A close above that level would break the market out of the consolidation range that has capped the market for the past couple of weeks. The market continues to be wary of large world stocks.



Cattle

Futures:
Live Cattle:
LIVE CATTLE
High Low Last Change
Feb '14 135.700 134.850 135.625 +1.000
Apr '14 136.175 135.375 135.850 +0.550
Jun '14 130.075 129.525 129.825 +0.400
Aug '14 128.275 127.750 128.000 +0.075
Oct '14 131.400 130.900 131.025 -0.075
Dec '14 132.000 131.500 131.525 -0.300
Feb '15 132.625 132.150 132.225 +0.125
Apr '15 133.200 133.000 133.075 +0.075
Jun '15 133.900
DTN Click here for info on Exchange delays.
Feeders:
FEEDER CATTLE
High Low Last Change
Jan '14 167.450 166.725 167.375 +0.675
Mar '14 168.250 167.050 167.325 -0.075
Apr '14 169.000 168.125 168.425 +0.325
May '14 169.650 168.925 169.050 +0.375
Aug '14 170.800 169.950 170.300 0.000
Sep '14 169.925 169.500 169.600 +0.225
Oct '14 169.600 169.250 169.375 +0.050
Nov '14 169.250 168.850 169.250 +0.350
Jan '15
DTN Click here for info on Exchange delays.

Arkansas Prices
Charlotte Livestock Auction
Green Forest Livestock Auction
Ratcliff Livestock Auction

Oklahoma City
El Reno Livestock Market, El Reno, OK

Cattle Comment

Cattle prices were higher today. Traders are concerned about forecasts for more severe winter weather in the Western Plains which will limit marketings and hurt performance.



Hogs

Futures:
LEAN HOGS
High Low Last Change
Feb '14 87.400 86.000 86.925 +1.500
Apr '14 92.275 90.950 91.700 +1.025
May '14 99.075 98.525 98.825 +0.625
Jun '14 101.075 100.375 100.875 +0.725
Jul '14 99.800 99.250 99.575 +0.725
Aug '14 97.925 97.275 97.650 +0.575
Oct '14 84.300 83.800 83.975 +0.225
Dec '14 80.000 79.475 79.700 +0.200
Feb '15 80.900 80.550 80.800 +0.250
DTN Click here for info on Exchange delays.

Hog Comment



Shell Eggs

Daily Midwest Regional Eggs
Daily New York Eggs

National Turkeys

Weekly Weighted Average Prices for Whole Young Turkeys

Delmarva Broilers

Daily Southern Broiler/Fryers