Print this page

Arkansas Farm Bureau Daily Commodity Report

A comprehensive daily commodity market report for Arkansas agricultural commodities with cash markets, futures and insightful analysis and commentary from Arkansas Farm Bureau commodity analysts.

Noteworthy benchmark price levels of interest to farmers and ranchers, as well as long-term commodity market trends which are developing. Daily fundamental market influences and technical factors are noted and discussed.

Soybeans

HighLow
Cash Bids993904
New Crop1002926
 

Riceland Foods

 
Cash BidsStuttgart: 969Pendleton: 966
New CropStuttgart: 955 Pendleton: 960
 

Futures:
SOYBEANS
High Low Last Change
Nov '14 966.75 942.75 964.25 +20.00
Jan '15 974.00 950.75 971.75 +19.50
Mar '15 981.25 958.50 979.00 +18.75
May '15 989.25 967.75 987.00 +18.00
Jul '15 995.50 974.75 992.75 +16.75
Aug '15 996.50 982.25 994.00 +16.00
Sep '15 984.25 967.75 982.00 +15.00
Nov '15 979.00 959.50 975.75 +14.50
Jan '16 982.75 969.50 980.75 +14.50
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Soybean Comment

Soybeans were up sharply today as harvest for this crop remains slow. Additionally some private estimates are forecasting lower Brazilian crop for 2015. While we are still months out from that crop being harvested, the market remains cautious about letting prices get too low before they know supplies are there.



Wheat

HighLow
Cash Bids467429
New Crop531486
 

Futures:
WHEAT
High Low Last Change
Dec '14 523.75 512.25 519.25 +5.75
Mar '15 537.25 525.50 533.00 +6.75
May '15 544.50 532.75 540.50 +8.00
Jul '15 551.00 539.25 547.25 +8.25
Sep '15 560.50 553.25 556.75 +7.75
Dec '15 572.75 565.75 568.75 +6.50
Mar '16 581.75 581.75 578.00 +6.00
May '16 585.00 585.00 581.75 +4.50
Jul '16 582.25 575.00 579.00 +1.50
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Wheat Comment

Wheat prices were up today. While planting conditions remain favorable, this market remains closely tied to corn and soybean prices. Wheat prices will remain a follower for the foreseeable future.



Grain Sorghum

HighLow
Cash Bids388298
New Crop412381
 

Arkansas Daily Grain Report

FOB Memphis Elevator Crops



Corn

HighLow
Cash Bids333298
New Crop377338
 

Futures:
CORN
High Low Last Change
Dec '14 358.75 347.00 356.00 +7.75
Mar '15 372.25 360.50 369.50 +7.75
May '15 381.00 369.50 378.50 +8.00
Jul '15 388.25 376.75 385.50 +7.50
Sep '15 395.25 384.75 392.75 +7.25
Dec '15 404.00 394.00 401.50 +6.50
Mar '16 412.25 403.75 410.00 +6.00
May '16 416.50 410.75 416.50 +5.75
Jul '16 423.00 415.25 420.50 +5.75
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Corn Comment

Corn prices saw strong gains today as harvest lags well behind the 5-year average. This market continues to worry about producers being able to get this record crop out of the field. While these gains are great for growers now. Gains could quickly evaporate as improved weather offers producers the opportunity to get back in the field.



Cotton

Futures:
COTTON
High Low Last Change
Dec '14 63.63 62.1 62.79 0.5
Mar '15 62.25 61.53 61.91 0.21

Memphis, TN Cotton and Tobacco Programs

Cotton Comment

December cotton charted a bullish key reversal today after bouncing off support just above 62 cents. Harvest pressure will limit the upside as farmers are in full swing picking the crop. Overall, the crop looks good, with the exception of the significant hail damage on 25,000-40,000 acres in Arkansas. Nationwide, farmers have harvested 29% of the crop, while Arkansas farmers are at 40%. That is running a little behind the average pace due to unfavorable weather.



Rice

HighLow
Long Grain Cash Bids- - -1200/cwt
Long Grain New Crop- - -1191/cwt
 

Futures:
ROUGH RICE
High Low Last Change
Nov '14 1255.5 1243.5 1255.5 +5.5
Jan '15 1272.0 1259.5 1271.5 +6.5
Mar '15 1288.0 1288.0 1297.5 +6.0
May '15 1317.0 +6.0
Jul '15 1335.0 +6.0
Sep '15 1271.5 +6.0
Nov '15 1269.0 +6.0
DTN Click here for info on Exchange delays.

Rice Comment

November rice tested the water below $12.50 today before turning higher. A close below that level would create a downward objective for the bears of the contract low of $12.20. Harvest is now winding to a close, with 91% of the crop in the bins both in Arkansas and nationwide. In the October USDA reports, carryout was raised to 40.5 million cwt., up from 38.1 million, because of increased yields. The season average long-grain price was lowered to $12.20 to $13.20, a drop of 30 cents.



Cattle

Futures:
Live Cattle:
LIVE CATTLE
High Low Last Change
Oct '14 168.875 166.075 166.625 -1.275
Dec '14 169.750 166.325 167.000 -1.025
Feb '15 168.475 165.350 165.950 -0.950
Apr '15 166.125 163.750 164.300 -0.475
Jun '15 155.750 153.500 153.775 -1.025
Aug '15 153.950 151.925 152.350 -0.550
Oct '15 154.425 152.725 153.400 -0.700
Dec '15 154.675 152.750 153.500 -0.750
Feb '16 154.000 152.050 153.150 -0.700
DTN Click here for info on Exchange delays.
Feeders:
FEEDER CATTLE
High Low Last Change
Oct '14 240.700 238.425 239.275 -1.475
Nov '14 238.075 233.825 234.200 -2.625
Jan '15 232.325 228.075 228.325 -2.750
Mar '15 230.025 226.200 226.350 -2.750
Apr '15 230.000 226.250 226.450 -2.800
May '15 229.425 226.075 226.200 -2.875
Aug '15 229.900 226.800 226.850 -2.325
Sep '15 228.500 225.525 225.750 -1.750
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 gave back most of yesterday's gains. Prices felt pressure from outside markets, as well as negative news surrounding high beef prices as McDonalds blamed increased beef prices for sharply lower revenues.



Hogs

Futures:
LEAN HOGS
High Low Last Change
Dec '14 89.550 87.850 88.200 -0.950
Feb '15 86.800 85.650 85.900 -0.500
Apr '15 87.550 86.675 87.150 +0.175
May '15 88.450 88.250 88.000 -0.500
Jun '15 91.950 91.075 91.250 -0.350
Jul '15 90.675 89.900 90.100 -0.400
Aug '15 88.150 87.400 87.700 -0.550
Oct '15 75.925 75.750 76.000 0.000
Dec '15 72.400 0.000
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