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 Bids11331042
New Crop11021034
 

Riceland Foods

 
Cash BidsStuttgart: - - -Pendleton: - - -
New CropStuttgart: - - - Pendleton: - - -
 

Futures:
SOYBEANS
High Low Last Change
Jul '16 1138.50 1103.00 1133.00 +30.00
Aug '16 1136.00 1100.75 1129.75 +28.25
Sep '16 1120.00 1085.25 1114.00 +27.75
Nov '16 1110.75 1075.75 1104.75 +26.25
Jan '17 1107.00 1074.50 1101.50 +25.00
Mar '17 1070.00 1048.00 1064.75 +16.75
May '17 1058.75 1046.75 1053.25 +12.50
Jul '17 1056.25 1041.25 1051.50 +12.00
Aug '17 1036.75 1034.50 1034.00 +10.25
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Soybean Comment

Soybeans closed sharply higher today as demand overshadowed the weak financial markets. The soybean market continues to see fresh export demand and continued strong commercial buying. While there remains some uncertainty to the size of this crop soybeans continue to trade higher on strong demand.



Wheat

HighLow
Cash Bids469400
New Crop460435
 

Futures:
WHEAT
High Low Last Change
Jul '16 460.00 446.00 446.75 -8.00
Sep '16 470.50 457.75 458.25 -6.75
Dec '16 489.25 477.25 478.00 -6.75
Mar '17 507.00 494.75 495.50 -7.25
May '17 515.50 504.75 505.50 -7.50
Jul '17 525.25 512.00 512.75 -8.00
Sep '17 531.50 522.00 521.00 -8.50
Dec '17 547.00 535.25 535.75 -8.25
Mar '18 548.50 -8.50
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Wheat Comment

Wheat closed lower posting a new contract lows today. Wheat remains under pressure as a rising dollar continue threaten wheats competitiveness in the global market. Wheat needs demand to eat through the large supplies; however, this demand has yet to materialize.



Grain Sorghum

HighLow
Cash Bids350275
New Crop355279
 

Arkansas Daily Grain Report

FOB Memphis Elevator Crops



Corn

HighLow
Cash Bids405355
New Crop401369
 

Futures:
CORN
High Low Last Change
Jul '16 392.00 383.00 385.25 +0.75
Sep '16 396.75 387.50 389.25 +0.25
Dec '16 401.75 392.25 394.25 0.00
Mar '17 409.00 399.25 401.00 -0.75
May '17 412.50 403.25 405.00 -0.75
Jul '17 416.00 406.75 408.50 -0.50
Sep '17 400.00 392.00 393.75 +0.25
Dec '17 402.75 395.00 396.50 0.00
Mar '18 406.25 405.25 403.50 0.00
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Corn Comment

Corn prices closed with only marginal gains today. The market continues to face difficulty maintaining gains as weather improves and exports are beginning to weaken. Corn needs improved demand as the the market worries about the size of this year's crop.



Cotton

Futures:
COTTON
High Low Last Change
Jul '16 65.49 63.29 63.48 -1.02
Oct '16 65.7 64.5 64.69 -0.14
Dec '16 65.4 64.25 64.38 -0.04

Memphis, TN Cotton and Tobacco Programs

Cotton Comment

Cotton futures ended lower, but traded within Friday's range. A Reuters poll has estimated plantings at 9.541 million acres. That is slightly smaller than USDA's estimate of 9.582 million. USDA will update their numbers on Thursday. December failed at resistance at 66.64 cents last week. The short-term trend looks more sideways, but the uptrend drawn off the February low remains intact, with support currently around 63.36 cents. Better exports last week gave the market a boost Thursday, thanks to some weakness in the dollar. Weekly export sales of 178,100 running bales boosted 15-16 commitments to 9.137 million bales.



Rice

HighLow
Long Grain Cash Bids- - -- - -
Long Grain New Crop- - -- - -
 

Futures:
ROUGH RICE
High Low Last Change
Jul '16 1092.5 1070.0 1084.5 +8.5
Sep '16 1116.0 1090.5 1109.5 +8.5
Nov '16 1139.0 1122.5 1137.0 +7.5
Jan '17 1147.0 1147.0 1160.5 +7.0
Mar '17 1180.5 +9.0
May '17 1199.5 +10.0
Jul '17 1213.5 +10.0
DTN Click here for info on Exchange delays.

Rice Comment

Rice futures closed higher but traded within Friday's range. Crop conditions remain generally favorable, with 68% of the crop rated good to excellent for the second week in a row. July is testing support at $10.75. A close below that level could signal a move toward support a dollar below that level. The market needs to see better export movement to generate buying interest. Net sales for this week totaled 50,100 tons for the 15-16 marketing year cancellations resulted in -100 tons for 2016-2017 delivery.



Cattle

Futures:
Live Cattle:
LIVE CATTLE
High Low Last Change
Jun '16 116.275 114.825 115.925 +1.225
Aug '16 112.725 110.925 112.025 +1.150
Oct '16 112.625 111.000 112.300 +1.425
Dec '16 113.625 112.100 113.225 +1.275
Feb '17 113.400 111.975 112.950 +1.075
Apr '17 112.950 111.625 112.275 +0.875
Jun '17 107.075 106.100 106.775 +0.825
Aug '17 105.100 104.100 105.100 +1.250
DTN Click here for info on Exchange delays.
Feeders:
FEEDER CATTLE
High Low Last Change
Aug '16 141.400 139.125 140.175 +0.725
Sep '16 140.050 138.025 139.250 +0.975
Oct '16 138.550 136.500 137.875 +1.075
Nov '16 135.850 134.200 135.175 +0.975
Jan '17 131.325 129.900 131.000 +1.225
Mar '17 128.425 127.025 127.750 +0.550
Apr '17 128.400 127.400 127.500 -0.075
May '17 126.250 -0.075
DTN Click here for info on Exchange delays.

Arkansas Prices
Ash Flat Livestock Auction
Ola Livestock Auction
Springdale Livestock Auction

Oklahoma City
Oklahoma City - Feeder Cattle Auction Weighted Average Report

Cattle Comment



Hogs

Futures:
LEAN HOGS
High Low Last Change
Jul '16 83.750 83.025 83.150 -0.900
Aug '16 84.125 83.250 83.500 -1.475
Oct '16 71.275 69.325 71.125 -0.825
Dec '16 63.900 62.200 63.650 -0.500
Feb '17 66.700 65.025 66.625 0.000
Apr '17 70.350 68.000 70.300 +0.650
May '17 75.200 75.200 75.200 0.000
Jun '17 77.825 76.100 77.725 +0.650
Jul '17 76.500 76.475 77.400 +0.475
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