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Daily Market Report Archive

Soybeans

HighLow
Cash Bids13441271
New Crop13151310
 

Riceland Foods

 
Cash BidsStuttgart: 1299Pendleton: 1299
New CropStuttgart: 1088 Pendleton: 1113
 

Futures:
SOYBEANS
High Low Last Change
Mar '14 1286.00 1266.00 1269.25 -16.25
May '14 1271.00 1254.25 1256.75 -14.25
Jul '14 1255.75 1240.00 1242.50 -14.00
Aug '14 1213.75 1201.25 1203.25 -13.25
Sep '14 1147.25 1137.75 1138.50 -11.00
Nov '14 1106.00 1096.25 1097.75 -7.25
Jan '15 1110.00 1102.25 1102.50 -7.50
Mar '15 1110.75 1106.00 1107.00 -7.25
May '15 1111.00 1108.00 1108.00 -6.50
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Soybean Comment

Soybeans posted sharp losses today. The market continues to be focused on supply, watching the weather and crop prospects in South America and speculating about U.S. acreage. The market is bracing for demand to shift to South America, and March was the downside leader as a result. Gulf basis levels continue to drop, but so far weekly export reports haven’t shown much of a slow-down. Also, so far, Chinese cancellations that have been speculated about and expected haven’t materialized. March is back near support at $12.62 ½, and November is testing support at $11.



Wheat

HighLow
Cash Bids609519
New Crop----
 

Futures:
WHEAT
High Low Last Change
Mar '14 567.00 550.50 551.50 -14.50
May '14 572.00 555.00 556.00 -15.75
Jul '14 576.50 558.25 559.50 -17.00
Sep '14 585.00 567.00 567.75 -17.25
Dec '14 597.50 579.25 580.25 -17.25
Mar '15 602.25 589.00 589.75 -17.50
May '15 600.00 591.25 591.75 -16.00
Jul '15 598.00 586.00 586.75 -14.00
Sep '15 592.75 -14.25
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Wheat Comment

Wheat prices continue to put in new lows as weakness in outside markets and negative global fundamentals push prices lower. With the current out look there is little hope for a rally in wheat and a much larger chance of a continued decline to $5.00. While prices now are not good, they are likely better than what they will be at harvest this spring.



Grain Sorghum

HighLow
Cash Bids494407
New Crop----
 

Arkansas Daily Grain Report

FOB Memphis Elevator Crops



Corn

HighLow
Cash Bids462427
New Crop460455
 

Futures:
CORN
High Low Last Change
Mar '14 431.75 427.00 427.50 -4.50
May '14 437.75 433.25 434.00 -4.00
Jul '14 443.00 438.25 439.25 -4.00
Sep '14 445.75 441.25 442.00 -4.00
Dec '14 450.75 446.00 446.75 -4.00
Mar '15 460.00 456.00 456.50 -3.75
May '15 466.00 462.25 463.00 -3.50
Jul '15 469.25 466.75 466.75 -3.50
Sep '15 463.25 461.50 461.00 -3.00
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Corn Comment

Corn prices fell today after an announcement by the federal reserve spooked the market as dollar outlook is uncertain. Additionally, weakness in soybeans and prospects of a large South American corn crop has the market concerned about large supplies in the near term. While levels remain firm, look for corn price gains to be difficult to maintain as farmer held supplies remain large. Corn prices remain in the upper end of the trade range between $4.10 and $4.35.



Cotton

Futures:
COTTON
High Low Last Change
Mar '14 86.61 84 85.55 1.2
Jul '14 87.18 84.91 86.3 1.37
Dec '14 77.02 76.53 76.82 -0.09

Memphis, TN Cotton and Tobacco Programs

Cotton Comment

Cotton prices closed mixed with nearby contracts posting gains and new crop contracts another minor loss. Good export demand continue to support nearby contracts, but concerns about demand next year continue to pressure prices. A small shift in China's policy can lead to big changes in demand and price.



Rice

HighLow
Long Grain Cash Bids- - -1495/cwt
Long Grain New Crop- - -1340/cwt
 

Futures:
ROUGH RICE
High Low Last Change
Mar '14 1552.5 1545.0 1545.0 -7.0
May '14 1553.5 1545.5 1548.5 -4.0
Jul '14 1523.5 1522.0 1528.0 -1.5
Sep '14 1412.0 1410.0 1415.0 -3.0
Nov '14 1395.0 1390.0 1395.0 -7.0
Jan '15 1397.0 -7.0
Mar '15 1397.0 -7.0
DTN Click here for info on Exchange delays.

Rice Comment

Rice posted across the board losses, but continues to trade in a narrow sideways pattern. 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 $15.74. Support begins at $15.36.



Cattle

Futures:
Live Cattle:
LIVE CATTLE
High Low Last Change
Feb '14 142.425 141.425 142.025 -0.525
Apr '14 140.825 139.625 140.675 +0.325
Jun '14 132.275 131.225 132.250 +0.450
Aug '14 130.200 129.350 130.200 +0.300
Oct '14 132.825 132.075 132.750 +0.175
Dec '14 133.975 133.350 133.775 -0.125
Feb '15 134.100 133.425 134.000 -0.100
Apr '15 135.350 134.525 135.000 -0.500
Jun '15 130.500 130.500 130.500 -1.000
DTN Click here for info on Exchange delays.
Feeders:
FEEDER CATTLE
High Low Last Change
Jan '14 171.900 171.225 171.800 +0.375
Mar '14 169.400 166.525 169.175 +0.800
Apr '14 169.600 167.250 169.375 +0.475
May '14 169.975 167.950 169.775 +0.250
Aug '14 171.150 169.150 171.025 +0.300
Sep '14 170.000 168.625 170.000 +0.275
Oct '14 169.000 167.250 169.000 +0.200
Nov '14 168.650 167.075 168.600 -0.050
DTN Click here for info on Exchange delays.

Arkansas Prices
Conway Livestock Auction
Pocahontas Livestock Auction

Oklahoma City
Oklahoma City - Weekly Weighted Average Summary Wednesday

Cattle Comment

Cattle prices were mixed. Tight supplies combined with record boxed beef prices continue to support prices, as has recent weakness in corn prices. Nearby futures are extremely overbought at this point. April continues to hold above support Monday’s low of $139.45.



Hogs

Futures:
LEAN HOGS
High Low Last Change
Feb '14 86.625 85.375 86.400 +1.125
Apr '14 93.950 93.400 93.950 +0.375
May '14 101.275 100.825 101.250 +0.250
Jun '14 103.400 102.625 103.275 +0.525
Jul '14 102.100 101.250 102.000 +0.600
Aug '14 99.900 98.925 99.800 +0.825
Oct '14 84.825 84.425 84.800 +0.225
Dec '14 79.700 79.500 79.700 +0.150
Feb '15 80.750 80.500 80.700 -0.200
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