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 Bids997972
New Crop955889
 

Riceland Foods

 
Cash BidsStuttgart: Pendleton:
New CropStuttgart: Pendleton:
 

Futures:
SOYBEANS
High Low Last Change
May '15 991.75 972.75 989.75 +16.50
Jul '15 996.50 977.50 994.50 +16.75
Aug '15 995.75 977.25 994.00 +16.75
Sep '15 981.75 964.25 980.50 +16.25
Nov '15 973.75 955.00 972.75 +17.50
Jan '16 978.25 960.50 977.75 +17.75
Mar '16 981.00 963.50 980.25 +18.00
May '16 982.00 966.00 981.75 +18.50
Jul '16 988.00 974.00 987.75 +18.50
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Soybean Comment

Soybeans continue to push sharply higher. Prices are now above recent highs and are poised to test resistance at $10. New crop soybeans continue find support from a surprising planting intentions report. While soybean acres could see more acres for now, the market continues worry about supplies in 2015 as the U.S. is not expected to have the large stock build the market had expected earlier.



Wheat

HighLow
Cash Bids----
New Crop----
 

Futures:
WHEAT
High Low Last Change
May '15 529.00 506.00 528.50 +16.75
Jul '15 530.00 508.00 529.50 +15.50
Sep '15 538.50 517.00 538.00 +15.50
Dec '15 552.75 531.25 552.00 +14.75
Mar '16 565.75 546.50 565.50 +14.50
May '16 571.50 554.00 573.75 +15.75
Jul '16 572.50 557.75 573.00 +16.00
Sep '16 577.00 572.00 579.75 +15.50
Dec '16 592.50 +16.25
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Wheat Comment

Wheat prices saw strong gains today. With demand better than expected in yesterday's stock report and adverse weather conditions the market is beginning to worry about supplies in 2015.



Grain Sorghum

HighLow
Cash Bids----
New Crop461392
 

Arkansas Daily Grain Report

FOB Memphis Elevator Crops



Corn

HighLow
Cash Bids396371
New Crop402349
 

Futures:
CORN
High Low Last Change
May '15 382.25 374.00 381.75 +5.50
Jul '15 390.00 381.75 390.00 +5.75
Sep '15 397.75 389.50 397.75 +5.75
Dec '15 407.00 398.75 406.75 +6.00
Mar '16 416.75 408.75 416.25 +6.25
May '16 423.50 416.00 423.25 +6.50
Jul '16 428.50 420.75 428.50 +6.50
Sep '16 415.00 414.00 420.25 +6.25
Dec '16 418.00 411.50 417.75 +6.50
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Corn Comment

The market quickly digested yesterday's USDA report and managed a higher close today. Corn prices are maintaining support at $4. While there remains some skepticism regarding the acreage number, especially given the Monsanto report today that said that corn seed sales were down 15% and soybean seed sales were up more than 7%.



Cotton

Futures:
COTTON
High Low Last Change
May '15 63.26 62.44 62.58 -0.52
Jul '15 63.52 62.78 62.93 -0.53
Dec '15 64.33 63.75 63.91 -0.43

Memphis, TN Cotton and Tobacco Programs

Cotton Comment

Cotton futures traded in a narrow range, well within yesterday's range before closing a bit lower. Yesterday's move higher was in reaction to the planting intentions report. December, however, failed at resistance just below 65 cents. USDA says that Arkansas farmers will plant 230,000 acres of cotton in 2015, down 31% from last year's crop. Nationwide, farmers are expected to plant 9.549 million acres, which is 87% of last year's total acreage



Rice

HighLow
Long Grain Cash Bids
Long Grain New Crop
 

Futures:
ROUGH RICE
High Low Last Change
May '15 1096.0 1077.0 1078.0 -9.5
Jul '15 1114.5 1100.0 1101.5 -9.5
Sep '15 1121.0 1121.0 1117.0 -10.5
Nov '15 1140.0 1140.0 1136.5 -11.0
Jan '16 1152.5 -11.0
Mar '16 1152.5 -11.0
May '16 1152.5 -11.0
DTN Click here for info on Exchange delays.

Rice Comment

Rice futures were lower across the board as the market continues to react to the bearish stocks report. USDA says 112 million cwt of rice was still in storage as of March 1: 25.8 million on farms and 86.7 million in off-farm storage. That is up 26% from this time last year. Combine that with projections for another big crop, and you've got a difficult situation for prices. Arkansas farmers are expected to plant 1.441 million acres of rice, down 3% from last year, but still a large crop. Nationwide, farmers are expected to plant 2.915 million acres, down only 1% from a year ago. July charted a bearish key reversal on Tuesday, signaling a possible retest of support near $10.60.



Cattle

Futures:
Live Cattle:
LIVE CATTLE
High Low Last Change
Apr '15 162.500 160.825 162.250 +0.925
Jun '15 153.450 151.375 152.650 +0.325
Aug '15 150.275 148.400 149.675 +0.175
Oct '15 151.925 150.150 151.350 +0.150
Dec '15 152.325 150.750 151.700 0.000
Feb '16 151.400 150.300 151.000 -0.075
Apr '16 150.250 149.100 150.000 -0.075
Jun '16 143.075 143.075 143.075 +0.025
Aug '16 142.000 140.750 142.000 +0.850
DTN Click here for info on Exchange delays.
Feeders:
FEEDER CATTLE
High Low Last Change
Apr '15 219.575 217.400 219.575 +1.450
May '15 218.275 215.675 217.700 +0.800
Aug '15 219.350 217.150 218.775 +0.500
Sep '15 218.225 216.250 217.800 +0.475
Oct '15 216.925 215.000 216.425 +0.675
Nov '15 215.650 214.100 214.675 -0.225
Jan '16 209.000 207.600 208.300 +0.375
Mar '16 206.150 203.675 203.675 -1.325
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 today. Prices continue to be volatile as trade in these contracts remain narrow. The important thing for producers is that cash prices remain strong.



Hogs

Futures:
LEAN HOGS
High Low Last Change
Apr '15 62.950 61.725 62.700 +0.275
May '15 69.325 68.500 68.875 +0.150
Jun '15 76.650 75.325 76.200 +0.400
Jul '15 77.825 76.850 77.300 +0.150
Aug '15 78.525 77.450 78.050 +0.325
Oct '15 70.400 69.225 69.925 +0.775
Dec '15 67.150 66.100 66.875 +0.775
Feb '16 69.700 69.250 69.650 +0.350
Apr '16 72.000 71.650 71.650 +0.350
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