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Daily Market Report Archive

Soybeans

HighLow
Cash Bids13921302
New Crop13461342
 

Riceland Foods

 
Cash BidsStuttgart: 1311Pendleton: 1311
New CropStuttgart: 1099 Pendleton: 1124
 

Futures:
SOYBEANS
High Low Last Change
Mar '14 1314.00 1280.00 1280.50 -36.00
May '14 1295.50 1263.25 1264.00 -33.25
Jul '14 1280.50 1248.75 1249.75 -32.25
Aug '14 1238.50 1213.50 1214.75 -26.50
Sep '14 1172.75 1149.75 1151.75 -19.75
Nov '14 1128.00 1106.00 1109.00 -16.00
Jan '15 1133.00 1111.75 1114.50 -15.75
Mar '15 1128.25 1116.25 1119.00 -16.00
May '15 1126.75 1117.25 1120.25 -15.75
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Soybean Comment

Soybeans sold off hard today. Rains in Argentina are improving yield prospects there. Technical selling was also a factor. U.S. acreage is widely expected to be up from 2013. If these acreage gains and normal yields are realized the tight soybean supplies we continue to discuss would likely be solved. With global stocks already at comfortable levels, if U.S. stocks were to increase it would open the downside risk in the market. March has a downside objective of the January low of $12.62 ½.



Wheat

HighLow
Cash Bids609517
New Crop608608
 

Futures:
WHEAT
High Low Last Change
Mar '14 567.75 560.75 562.25 -1.25
May '14 574.25 567.75 569.00 -1.50
Jul '14 581.00 574.50 575.50 -1.50
Sep '14 589.75 583.50 584.75 -1.00
Dec '14 602.75 596.50 597.50 -1.00
Mar '15 612.25 607.00 607.75 -1.00
May '15 609.25 -1.75
Jul '15 605.50 605.00 602.75 -3.00
Sep '15 609.50 -2.50
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Wheat Comment

Wheat prices fell again today, as export inspections were less than trade expectations. Disappointing exports combined with the selloff we saw in soybeans pushed wheat to new contract lows. Large global supplies and weakness in outside markets are likely to continue to push wheat prices lower.



Grain Sorghum

HighLow
Cash Bids478399
New Crop----
 

Arkansas Daily Grain Report

FOB Memphis Elevator Crops



Corn

HighLow
Cash Bids454429
New Crop459440
 

Futures:
CORN
High Low Last Change
Mar '14 425.75 421.00 425.00 +1.00
May '14 432.75 428.25 432.25 +0.50
Jul '14 439.00 434.75 438.50 0.00
Sep '14 443.50 439.75 442.50 -0.75
Dec '14 449.00 445.25 447.00 -2.00
Mar '15 458.25 454.75 456.75 -2.00
May '15 464.50 462.00 463.00 -2.25
Jul '15 468.25 466.50 466.50 -3.50
Sep '15 460.00 460.00 460.25 -2.50
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Corn Comment

Corn prices closed mixed today. Nearby contracts strengthened as today’s export inspections report beat trade expectations. However, the September contract and beyond saw declines as improving weather in South America led to double digit declines in soybeans. Look for the corn and soybean contract for the fall to follow each other closely in the coming weeks as the market works to ensure adequate corn and soybean acreage is planted in 2014.



Cotton

Futures:
COTTON
High Low Last Change
Mar '14 88.43 86.35 88.13 1.33
May '14 88.62 86.55 88.4 1.35
Jul '14 88 85.8 87.91 1.55

Memphis, TN Cotton and Tobacco Programs

Cotton Comment

Cotton prices climbed to their highest level since last August. With tightening world supplies outside of China this market is working to buy more U.S. cotton acres. While gains of more than 1-cent were seen in the nearby contact, gains in the December contract were much less as prices were unable to break resistance at 80-cents.



Rice

HighLow
Long Grain Cash Bids- - -1495/cwt
Long Grain New Crop- - -1345/cwt
 

Futures:
ROUGH RICE
High Low Last Change
Mar '14 1560.0 1545.0 1545.0 -15.0
May '14 1560.0 1550.5 1549.5 -13.5
Jul '14 1531.0 1529.0 1532.5 -11.0
Sep '14 1428.5 1415.0 1420.0 -9.0
Nov '14 1395.5 -5.5
Jan '15 1397.5 -3.5
Mar '15 1397.5 -3.5
DTN Click here for info on Exchange delays.

Rice Comment

Rice prices were also lower. Carryover weakness from other markets was a factor today. While U.S. demand for rice remains good, large global supplies and increased export competition are limiting U.S. export opportunities. With news that the Thailand government is selling rice at a loss, look for U.S. exports to remain suppressed. Resistance for March is last week’s spike high of $15.74. Support begins at $15.36.



Cattle

Futures:
Live Cattle:
LIVE CATTLE
High Low Last Change
Feb '14 141.875 140.450 141.525 +1.175
Apr '14 140.650 139.500 140.375 +1.075
Jun '14 132.400 131.550 132.300 +0.850
Aug '14 130.275 129.500 130.125 +0.575
Oct '14 133.400 132.700 133.125 +0.625
Dec '14 134.500 133.550 134.175 +0.625
Feb '15 134.700 133.750 134.400 +0.700
Apr '15 135.250 134.750 135.050 +0.050
Jun '15 130.800 0.000
DTN Click here for info on Exchange delays.
Feeders:
FEEDER CATTLE
High Low Last Change
Jan '14 169.900 169.475 169.725 -0.275
Mar '14 168.875 167.975 168.300 +0.375
Apr '14 169.600 168.800 169.250 +0.600
May '14 170.350 169.500 169.925 +0.425
Aug '14 171.450 170.725 171.075 -0.025
Sep '14 170.500 170.100 170.400 0.000
Oct '14 169.800 169.400 169.500 +0.300
Nov '14 169.750 169.400 169.450 -0.300
DTN Click here for info on Exchange delays.

Arkansas Prices
Ft. Smith Livestock Auction
Heber Springs Livestock Auction

Oklahoma City
Oklahoma City - Feeder Cattle Auction Weighted Average Report

Cattle Comment

Cattle prices continue to move higher and set new records. Tight supplies combined with record boxed beef prices continue to support prices.



Hogs

Futures:
LEAN HOGS
High Low Last Change
Feb '14 86.400 85.750 86.000 -0.175
Apr '14 92.675 91.825 92.500 +0.600
May '14 99.900 99.625 99.850 +0.250
Jun '14 101.975 101.475 101.900 +0.325
Jul '14 100.450 99.975 100.375 +0.175
Aug '14 98.175 97.550 97.975 +0.200
Oct '14 84.700 84.250 84.250 -0.375
Dec '14 79.850 79.425 79.550 -0.300
Feb '15 80.875 80.475 80.475 -0.375
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