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 Bids1073985
New Crop1046968
 

Riceland Foods

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

Futures:
SOYBEANS
High Low Last Change
Aug '16 1037.00 985.00 1006.50 -26.00
Sep '16 1029.75 978.00 998.75 -26.75
Nov '16 1016.50 966.25 988.25 -24.25
Jan '17 1016.25 967.00 989.25 -23.50
Mar '17 1007.75 960.75 982.25 -22.25
May '17 1001.00 959.75 978.25 -21.00
Jul '17 1000.00 960.50 978.25 -20.50
Aug '17 962.75 962.75 970.50 -19.25
Sep '17 948.75 943.00 952.50 -12.75
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Soybean Comment

Soybean futures charted huge losses on technical selling and strength in the dollar. November set a new low for the move, completing a 62% retracement of the early summer rally in the process. Weather forecasts in the U.S. are improving and easing concerns about the crop here.



Wheat

HighLow
Cash Bids417363
New Crop----
 

Futures:
WHEAT
High Low Last Change
Sep '16 427.00 407.00 425.25 +7.50
Dec '16 451.50 431.75 450.25 +9.00
Mar '17 475.75 455.50 475.25 +10.75
May '17 487.75 468.75 487.25 +10.25
Jul '17 495.50 477.00 494.75 +9.50
Sep '17 507.50 490.00 506.50 +9.25
Dec '17 524.75 508.00 523.75 +8.75
Mar '18 530.00 526.00 537.00 +9.25
May '18 540.25 +9.25
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Wheat Comment

Wheat futures defied the trend and posted sharp gains. Support came from strength in European wheat futures and concern about the quality and quantity of the French soft red winter crop. September charted a key reversal, suggesting that the market has found a bottom for the time being at the recent low of $4.061/2.



Grain Sorghum

HighLow
Cash Bids301233
New Crop313233
 

Arkansas Daily Grain Report

FOB Memphis Elevator Crops



Corn

HighLow
Cash Bids369296
New Crop353296
 

Futures:
CORN
High Low Last Change
Sep '16 336.75 326.75 335.00 +0.75
Dec '16 343.25 333.25 341.75 +1.00
Mar '17 352.50 342.75 351.50 +1.25
May '17 358.75 349.00 357.00 +1.00
Jul '17 364.00 354.50 362.50 +1.75
Sep '17 367.75 359.50 367.00 +1.75
Dec '17 374.25 367.50 373.00 -0.25
Mar '18 382.00 380.00 382.25 +0.25
May '18 385.00 385.00 387.25 0.00
DTN Click here for info on Exchange delays.

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Corn Comment

December corn set a new contract low in early dealings before closing a bit higher.. Weekly export sales of 33.5 million bushels were disappointing and at the very bottom of the trade's estimates. While temperatures are high, they aren’t as high as forecasts predicted and the forecast has gotten better, not worse, easing crop concerns for the time being.



Cotton

Futures:
COTTON
High Low Last Change
Oct '16 72.75 71.72 72.52 -0.14
Dec '16 73.46 71.86 72.68 -0.29

Memphis, TN Cotton and Tobacco Programs

Cotton Comment

December cotton ended lower but traded within yesterday's range.. Net sales totaled 275,000 running bales for the week ended July 14, up from 173,800 bales the previous week. Technically, the market has been unable to move above resistance at 75 cents, and the first downside objective is the chart gap between 70.78 cents and 70.99 cents.



Rice

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

Futures:
ROUGH RICE
High Low Last Change
Sep '16 1061.5 1037.0 1040.5 -20.5
Nov '16 1083.5 1065.0 1068.0 -20.0
Jan '17 1093.0 -20.0
Mar '17 1113.0 -20.5
May '17 1132.0 -20.5
Jul '17 1146.0 -20.5
Sep '17 1146.0 -20.5
DTN Click here for info on Exchange delays.

Rice Comment

Rice futures gapped lower to end the week on a negative note. The market has come under renewed pressure from a disappointing export report. USDA says only 33,800 tons were sold to foreign buyers during the week ended July 14. Volume has been extremely light in recent weeks, and the disappointing report certainly didn't bring any buyers to the market. Technically, November now looks to be headed for a retest of support at $10.54.



Cattle

Futures:
Live Cattle:
LIVE CATTLE
High Low Last Change
Aug '16 110.425 107.350 109.950 +2.425
Oct '16 108.525 105.550 108.075 +2.375
Dec '16 109.475 107.150 109.200 +1.925
Feb '17 109.500 107.350 109.325 +1.900
Apr '17 108.750 106.775 108.525 +1.700
Jun '17 102.625 100.800 102.350 +1.575
Aug '17 102.000 100.275 101.800 +1.500
DTN Click here for info on Exchange delays.
Feeders:
FEEDER CATTLE
High Low Last Change
Aug '16 137.775 134.400 137.200 +2.800
Sep '16 136.450 133.475 135.825 +2.375
Oct '16 135.425 132.700 134.800 +2.100
Nov '16 133.000 130.625 132.475 +2.175
Jan '17 130.425 127.875 130.000 +2.275
Mar '17 129.225 126.450 128.725 +2.650
Apr '17 129.650 128.250 129.650 +3.025
May '17 128.475 128.475 128.675 +3.500
DTN Click here for info on Exchange delays.

Arkansas Prices
Arkansas Weekly Livestock Summary

Cattle Comment



Hogs

Futures:
LEAN HOGS
High Low Last Change
Aug '16 75.425 73.825 75.275 +0.825
Oct '16 64.025 61.800 63.900 +1.625
Dec '16 58.575 56.000 58.475 +2.025
Feb '17 63.050 60.275 62.975 +2.050
Apr '17 67.450 65.025 67.375 +1.875
May '17 72.500 72.400 72.400 +1.900
Jun '17 76.225 74.000 76.125 +1.900
Jul '17 75.200 73.600 75.150 +1.925
Aug '17 73.950 72.325 73.900 +1.550
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