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  1. Texas: Small Acreage Farm Equipment Field Day, Cameron, April 30

    April 30 @ 8:00 am - 5:00 pm
  2. Texas: 2 Grain Grading Workshops, Amarillo, May 3-4

    May 3 @ 8:00 am - May 4 @ 5:00 pm
  3. Texas: Spring Field Day, Chillicothe, May 4

    May 4 @ 8:00 am - 5:00 pm
  4. Texas: Annual Concho, McCulloch County Wheat Tour, Millersview, May 5

    May 5 @ 8:00 am - 5:00 pm
  5. Texas: Private Pesticide Applicators Training, Menard, May 5

    May 5 @ 8:00 am - 5:00 pm
  6. Texas: Private Pesticide Applicator Training, San Angelo, May 6

    May 6 @ 8:00 am - 5:00 pm
  7. California: Almond Workshops Scheduled May 10-12

    May 10 @ 8:00 am - May 12 @ 5:00 pm
  8. Kentucky: Wheat Field Day, Princeton, May 10

    May 10 @ 8:00 am - 5:00 pm
  9. Texas: Multi-County Ag Chemical Collection Event, Kenedy, May 11

    May 11 @ 8:00 am - 5:00 pm
  10. Texas: Private Pesticide Applicator Training, Floresville, May 16

    May 16 @ 8:00 am - 5:00 pm
  11. Texas: Ag Forum, Austin, May 16

    May 16 @ 8:00 am - 5:00 pm
  12. Kansas: Wheat In-Depth Diagnostic School, Colby, May 17-18

    May 17 @ 8:00 am - May 18 @ 5:00 pm
  13. North Carolina: Pesticide Disposal Day, Washington, May 18

    May 18 @ 8:00 am - 5:00 pm
  14. Texas: Land, Water, and Wealth Symposium, Lufkin, May 20

    May 20 @ 8:00 am - 5:00 pm
  15. Georgia: Pest Manager Training, Valdosta, May 27

    May 27 @ 8:00 am - 5:00 pm
  16. Tennessee: Weed Tour, Jackson, June 22

    June 22 @ 8:00 am - 5:00 pm
  17. Southern Peanut Growers Conference, Miramar Beach, FL, July 21-23

    July 21 @ 8:00 am - July 23 @ 5:00 pm
  18. Illinois: Agronomy Day, Savoy, August 18

    August 18 @ 8:00 am - 5:00 pm

AFB Grain-Soybean Close: Soybeans Lead Markets Lower

Ernst Undesser
By Ernst Undesser July 23, 2013

Soybean Comment

Soybeans posted sharp losses across the board. Basis levels have fallen sharply this week, and that has resulted in weakness in futures. Weaker export business and increase farmer contracting has resulted in the wider basis. USDA says that 64% of the crop is in good to excellent condition. Forecasts for cooler, wetter weather in the mid-west this week, though, are expected to improve growing conditions. November has support at $12.52 and $12.28.

Wheat and Corn Comments Unavailable Today

        
         

Soybeans

High Low
Cash Bids 1570 1525
New Crop 1360 1242

 

Riceland Foods

Cash Bids Stuttgart: – – – Pendleton: – – –
New Crop Stuttgart: 1260 Pendleton: 1280

 

Futures:
High Low Last Change
Aug ’13 1526.25 1460.00 1462.50 -57.75
Sep ’13 1357.00 1322.50 1324.00 -24.75
Nov ’13 1296.00 1259.00 1260.25 -28.25
Jan ’14 1300.00 1263.50 1265.00 -27.50
Mar ’14 1297.50 1262.75 1264.25 -25.00
May ’14 1287.00 1257.75 1259.50 -20.75
Jul ’14 1286.25 1262.50 1263.00 -16.50
Aug ’14 1253.50 -14.25
Sep ’14 1236.75 -14.25

Arkansas Daily Market Report

FOB Memphis Elevator Crops

Wheat

High Low
Cash Bids 668 593
New Crop 698 660

 

Futures:
High Low Last Change
Sep ’13 659.50 650.50 653.75 -6.00
Dec ’13 671.25 662.00 665.50 -5.75
Mar ’14 681.75 672.75 676.25 -6.25
May ’14 687.50 679.00 682.75 -6.00
Jul ’14 686.75 675.00 680.75 -6.50
Sep ’14 692.50 682.75 688.00 -7.25
Dec ’14 705.75 692.00 699.50 -6.25
Mar ’15 706.00 -6.25
May ’15 706.75 -6.25

Arkansas Daily Market Report

FOB Memphis Elevator Crops

Grain Sorghum

High Low
Cash Bids 553 458
New Crop 523 488

Arkansas Daily Market Report

FOB Memphis Elevator Crops

Corn

High Low
Cash Bids 632 621
New Crop 522 481

 

Futures:
High Low Last Change
Sep ’13 539.25 521.50 522.50 -18.25
Dec ’13 496.50 482.00 485.50 -12.50
Mar ’14 508.25 494.50 498.00 -12.25
May ’14 514.50 502.50 506.00 -12.25
Jul ’14 520.25 509.00 512.00 -12.00
Sep ’14 518.50 511.00 513.75 -11.00
Dec ’14 521.75 512.75 515.75 -10.00
Mar ’15 528.00 522.00 524.75 -10.25
May ’15 527.25 527.25 528.25 -9.00

Arkansas Daily Market Report

FOB Memphis Elevator Crops

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Ernst Undesser
By Ernst Undesser July 23, 2013