Print this page

Daily Market Report Archive

Soybeans

HighLow
Cash Bids14121267
New Crop11771088
 

Riceland Foods

 
Cash BidsStuttgart: 1144Pendleton: 1151
New CropStuttgart: - - - Pendleton: - - -
 

Futures:
SOYBEANS
High Low Last Change
Jul '14 1410.00 1392.75 1392.50 -7.50
Aug '14 1335.00 1311.25 1314.75 -13.00
Sep '14 1188.25 1173.50 1180.25 -3.50
Nov '14 1152.25 1135.00 1141.50 -6.00
Jan '15 1160.25 1143.00 1149.75 -5.75
Mar '15 1168.00 1151.25 1158.00 -5.25
May '15 1174.75 1158.75 1165.50 -4.25
Jul '15 1181.00 1165.75 1173.00 -3.25
Aug '15 1170.75 1164.75 1170.50 -2.75
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Soybean Comment

Soybean prices closed lower today as the market continues to try and digest the record acreage forecast in Monday's USDA report. While declines of recent weeks have pushed prices into over sold territory, weak fundamentals will likely limit any potential gains in this market. Much like with corn large supplies could push stocks sharply higher and lead to soybean prices at or below $10 not only for this year but also for 2015.



Wheat

HighLow
Cash Bids562498
New Crop618593
 

Futures:
WHEAT
High Low Last Change
Jul '14 562.75 555.50 561.75 +2.00
Sep '14 577.00 568.75 575.50 +3.00
Dec '14 599.75 591.75 598.25 +3.25
Mar '15 623.00 614.00 621.75 +4.00
May '15 637.00 629.00 637.00 +5.25
Jul '15 650.00 641.50 649.00 +5.50
Sep '15 658.50 653.75 659.25 +4.25
Dec '15 670.50 664.25 670.75 +4.25
Mar '16 676.50 +4.00
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Wheat Comment

Wheat prices finally saw some strength toady thanks to technical signals. While wheat prices have little fundamental support to move higher as large supplies and weak demand continue to plague this market this market is oversold and due some gains. Don't expect a major rally but we could see marginal gains in the near term, before further losses longer term as wheat tries to remain competitive with corn and soybeans.



Grain Sorghum

HighLow
Cash Bids442366
New Crop467351
 

Arkansas Daily Grain Report

FOB Memphis Elevator Crops



Corn

HighLow
Cash Bids452392
New Crop417373
 

Futures:
CORN
High Low Last Change
Jul '14 423.25 416.25 418.50 -4.25
Sep '14 416.50 410.00 412.25 -3.75
Dec '14 423.25 416.25 418.00 -4.75
Mar '15 434.50 427.75 429.25 -5.00
May '15 441.75 435.50 436.75 -4.75
Jul '15 449.00 442.25 443.75 -4.75
Sep '15 448.00 442.50 443.75 -4.00
Dec '15 449.25 444.00 444.75 -4.50
Mar '16 456.50 453.50 454.50 -4.50
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Corn Comment

Corn prices continued to decline today as the market looks for a bottom following Monday's bearish USDA report. December corn has lost close to 30-cents this week and many are talking of corn with a 3 in front of it before harvest. The prospect for higher prices is bleak, as long term forecast looks favorable to corn production. With large supplies will come large stocks, these large ending stocks in both corn and soybeans will push prices sharply lower, not only 2014, but also 2015 prices.



Cotton

Futures:
COTTON
High Low Last Change
Jul '14 76.75 76.75 76.69 -0.39
Oct '14 72.98 71.85 72.26 -0.34
Dec '14 73.4 72.38 72.47 -0.93

Memphis, TN Cotton and Tobacco Programs

Cotton Comment

Cotton futures were lower but traded within Tuesday’s trading range. All cotton acreage is now estimated to be 11.4 million acres. That is up 3% from the previous USDA estimate and up 9% from a year ago. Upland cotton is up 10% at 11.2 million while American Pima is down 11% at 178,000 acres. Expectations for weakening demand also factor in heavily to today’s price action. December is now trading at its lowest level in a year. Tuesday’s low of 72.20 cents is now the first level of support.



Rice

HighLow
Long Grain Cash Bids- - -1294/cwt
Long Grain New Crop- - -- - -
 

Futures:
ROUGH RICE
High Low Last Change
Jul '14 1500.0 1500.0 1466.0 +16.0
Sep '14 1369.5 1347.5 1369.0 +16.0
Nov '14 1389.0 1370.5 1388.5 +15.0
Jan '15 1401.0 1401.0 1405.5 +15.0
Mar '15 1423.0 +15.0
May '15 1423.5 +15.0
Jul '15 1428.5 +15.0
DTN Click here for info on Exchange delays.

Rice Comment

Rice futures turned higher across the board. USDA says that U.S. farmers have seeded 3.05 million acres of rice, up 22% from 2013 and up 6% from the previous estimate. Long grain plantings are estimated to be 2.33 million acres, with medium and short grain at 685,000 acres and 31,000 acres respectively. Arkansas farmers are estimated to have seeded 1.571 million acres of rice. The stocks report showed a total of 50.4 million hundredweight in all positions. On farm stocks were 4.83 million hundredweight and off farm stocks totaled 45.5 million cwt. USDA said that for the week ended June 29, 69% was in good to excellent condition. Weekend flooding in parts of Arkansas, though, will likely result in a much different picture in next week’s report. September fell to a new low of $13.40 last week but is now attempting to build on support at that level.



Cattle

Futures:
Live Cattle:
LIVE CATTLE
High Low Last Change
Aug '14 154.475 151.075 154.475 +2.975
Oct '14 156.925 154.300 156.925 +1.850
Dec '14 156.450 154.575 156.450 +1.075
Feb '15 156.250 154.525 156.225 +0.925
Apr '15 156.875 155.200 156.875 +0.675
Jun '15 149.500 148.200 149.500 +0.700
Aug '15 148.250 147.350 148.250 +0.500
Oct '15 150.250 149.775 150.250 +0.750
Dec '15 150.125 149.775 150.000 +0.500
DTN Click here for info on Exchange delays.
Feeders:
FEEDER CATTLE
High Low Last Change
Aug '14 217.350 215.375 217.325 +1.550
Sep '14 218.450 216.300 218.450 +1.450
Oct '14 218.550 216.525 218.450 +1.175
Nov '14 218.250 216.050 218.100 +1.100
Jan '15 213.125 211.025 212.700 +1.000
Mar '15 211.000 209.550 211.000 +0.700
Apr '15 210.775 209.475 210.450 -0.050
May '15 211.300 210.200 211.300 +1.200
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

August live cattle prices closed limit up today to set new all-time highs. Tight supplies and cheaper feed continue to provide support to this market. While technical pressure may limit some upside potential in this market the long term outlook is for prices to remain strong.



Hogs

Futures:
LEAN HOGS
High Low Last Change
Jul '14 131.875 130.100 130.900 -0.150
Aug '14 131.475 129.500 130.750 +0.325
Oct '14 115.525 113.675 115.375 +1.225
Dec '14 101.300 99.200 101.250 +1.400
Feb '15 94.400 92.800 94.400 +1.700
Apr '15 94.450 92.500 94.200 +1.025
May '15 94.150 93.700 94.150 +1.300
Jun '15 96.025 95.075 95.850 +0.750
Jul '15 93.350 92.775 93.300 +0.900
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