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Daily Market Report Archive

Soybeans

HighLow
Cash Bids12951222
New Crop13121247
 

Riceland Foods

 
Cash BidsStuttgart: 1277Pendleton: 1287
New CropStuttgart: 1134 Pendleton: 1149
 

Futures:
SOYBEANS
High Low Last Change
Nov '13 1279.50 1266.00 1276.50 +9.50
Jan '14 1277.50 1264.50 1274.75 +8.75
Mar '14 1265.00 1253.50 1263.25 +7.50
May '14 1252.00 1242.00 1248.75 +4.75
Jul '14 1249.75 1239.25 1246.75 +6.25
Aug '14 1238.50 1230.50 1236.25 +6.50
Sep '14 1200.00 1195.50 1196.75 +6.00
Nov '14 1173.50 1164.00 1168.50 +3.75
Jan '15 1177.00 1175.00 1173.25 +4.00
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Soybean Comment

Soybean futures retraced yesterday’s losses and ended the day with solid gains. News of strong demand and stiff competition for new crop supplies was supportive. Monday’s low, $12.61, now becomes support for November. Private reports continue to indicate impressive yields, and there are concerns that when USDA does finally release a new production report, the market could get hammered. USDA has said that they will decide by the end of the week whether or not to just cancel the October production and supply/demand reports, as the November reports are due to be released on November 8.



Wheat

HighLow
Cash Bids678673
New Crop713683
 

Futures:
WHEAT
High Low Last Change
Dec '13 688.00 678.25 681.50 -4.25
Mar '14 698.00 688.00 691.00 -4.50
May '14 703.75 691.75 694.50 -5.00
Jul '14 690.25 681.75 684.25 -4.50
Sep '14 696.00 687.50 689.50 -5.00
Dec '14 704.25 698.50 700.00 -5.00
Mar '15 706.00 703.00 706.00 -4.50
May '15 712.50 710.00 705.50 -3.25
Jul '15 700.00 691.25 692.75 -4.75
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Wheat Comment

Wheat prices continue to move lower. The buying over the last few weeks spurred on by exports has pushed this market into overbought territory. This combined with the lack of news on the export front has caused prices to stall and begin to trade in a sideways or downward pattern. With prices unable to break through the $7 ceiling, prices may be headed back towards support at $6.67. With weakness in some of the outside market, wheat desperately needs some positive export news to sustain recent gains.



Grain Sorghum

HighLow
Cash Bids459458
New Crop498489
 

Arkansas Daily Grain Report

FOB Memphis Elevator Crops



Corn

HighLow
Cash Bids441394
New Crop463430
 

Futures:
CORN
High Low Last Change
Dec '13 446.00 439.00 442.75 -0.75
Mar '14 458.00 451.50 455.25 -0.50
May '14 466.25 459.75 463.50 -0.75
Jul '14 473.50 467.25 470.50 -1.25
Sep '14 478.00 472.75 476.00 -1.50
Dec '14 485.50 480.00 483.00 -1.00
Mar '15 494.75 490.25 493.00 -0.75
May '15 500.00 497.75 497.50 -1.00
Jul '15 502.25 498.50 500.25 -1.25
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Corn Comment

Corn prices fell slightly today. Wet weather across much of the Midwest combined with reports that China has bought 300,000 tons of U.S. corn remains supportive for the market preventing major losses. With the market being in an oversold position if this news holds prices are likely to move back towards resistance around $4.50. While this move is likely possible don’t expect prices to move to the next support level around $4.70. Prices will likely lose momentum, before this can be achieved. A move to $4.50 or above this week will likely provide one of the last pricing opportunities of the fall. As Washington moves closer to an end to the shutdown, reports will begin to flow again. One thing we have consistently seen this year is the market trade bullish on reports only to be disappointed in the numbers: acreage report, stocks reports, ect.



Cotton

Futures:
COTTON #2
High Low Last Change
Dec '13 83.98 82.93 83.16 -0.55
Mar '14 84.97 84.05 84.28 -0.41
May '14 85.30 84.54 84.77 -0.35
Jul '14 85.10 84.50 84.73 -0.30
Oct '14 80.78 -0.20
Dec '14 80.18 79.78 79.86 -0.16
Mar '15 80.14 -0.16
May '15 80.04 -0.16
DTN Click here for info on Exchange delays.

Memphis, TN Cotton and Tobacco Programs

Cotton Comment

Cotton prices moved lower today. With price near the middle of the 82 to 87 cent trading range prices are not likely to make any significant test of lows at 82-cents. The continued weakening of the U.S. dollar due to the debt ceiling debacle remains supportive for cotton prices. Gains in the cotton market will remain limited due to harvest pressure and a glut of international supplies in the marketplace.



Rice

HighLow
Long Grain Cash Bids- - -1475/cwt
Long Grain New Crop- - -1392/cwt
 

Futures:
ROUGH RICE
High Low Last Change
Nov '13 1548.5 1533.5 1544.5 -3.5
Jan '14 1570.0 1558.0 1566.0 -4.0
Mar '14 1584.0 -4.0
May '14 1601.0 -3.5
Jul '14 1616.0 -3.5
Sep '14 1491.5 -3.5
Nov '14 1491.5 -3.5
Jan '15
DTN Click here for info on Exchange delays.

Rice Comment

Rice futures gave back a small portion of yesterday’s big gains in today’s trade. News from Beijing today suggests that China’s rice production is likely to decline this year and that China may be more open to imports. The projected rice output in China is expected to drop 0.7% next year to 202.8 million metric tons. November failed at $15.48 ½ two days in a row, indicating a lack of buying interest and resistance developing at that level.



Cattle

Futures:
Live Cattle:
LIVE CATTLE
High Low Last Change
Oct '13 129.400 128.575 129.025 +0.525
Dec '13 133.350 132.575 133.050 +0.300
Feb '14 134.950 134.325 134.650 +0.200
Apr '14 135.725 135.150 135.375 +0.100
Jun '14 129.950 129.425 129.600 +0.100
Aug '14 128.250 127.725 128.050 +0.300
Oct '14 130.775 130.525 130.600 +0.200
Dec '14 131.600 131.350 131.450 -0.300
Feb '15 132.025 132.000 132.025 -0.175
DTN Click here for info on Exchange delays.
Feeders:
FEEDER CATTLE
High Low Last Change
Oct '13 166.525 165.425 165.850 +0.150
Nov '13 168.250 167.225 167.575 +0.075
Jan '14 167.625 166.525 167.375 +0.625
Mar '14 166.700 165.600 166.400 +0.625
Apr '14 167.075 166.075 166.925 +0.325
May '14 166.950 166.000 166.700 +0.600
Aug '14 167.900 167.025 167.550 +0.250
Sep '14 166.550 -1.200
Oct '14
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

Live cattle futures continue to chop along mostly sideways. Expectations for higher cash prices were supportive. Tight market ready supplies will likely force packers to bid higher to meet their needs.



Hogs

Futures:
LEAN HOGS
High Low Last Change
Dec '13 89.050 87.575 88.550 +0.750
Feb '14 90.825 89.725 90.175 +0.375
Apr '14 91.000 90.000 90.250 +0.150
May '14 94.325 93.725 93.875 -0.025
Jun '14 96.500 95.725 95.750 -0.050
Jul '14 94.750 94.000 94.225 +0.200
Aug '14 92.450 91.600 91.875 -0.025
Oct '14 80.500 79.800 80.050 +0.200
Dec '14 77.625 77.075 77.500 +0.800
DTN Click here for info on Exchange delays.

Hog Comment

Hog futures were sharply higher. December moved to a new high before backing off the $89 level, which continues to cap the market.



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