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  1. Texas: Feed-Grain Marketing Workshop, Amarillo, Feb. 10-11

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  2. Georgia: Ag Business Planning Workshop, Glennville, Feb. 11, 18

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  3. Ohio: Agronomy Workshops, Wooster, Feb. 15, 16

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  5. Tennessee: Irrigation Meeting, Somerville, Feb. 16

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  7. Illinois: Ag Tech Innovation Summit, Champaign, Feb. 18

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  8. Texas: Oil, Gas Leasing Workshop, College Station, Feb. 22

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  9. Georgia: Required Classroom Trainings for Auxin Herbicide Tolerant Crops

    February 22 @ 8:00 am - March 1 @ 5:00 pm
  10. Arkansas: 6 Spray Clinics in Feb, March

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  11. Texas: Wild Pig Management Workshop, Burnet, Feb. 24

    February 24 @ 8:00 am - 5:00 pm
  12. Mississippi: Ag Waste Disposal Day, Charleston, Feb. 24

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  13. Virginia: USDA Agricultural Outlook Forum, Arlington, Feb. 25-26

    February 25 @ 8:00 am - February 26 @ 5:00 pm
  14. Georgia: Pest Manager Training, Forsyth, Feb. 25

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  15. Tennessee: Winter Row Crop Marketing Meeting, Mason, Feb. 25

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  16. Louisiana: Rice Producer Meeting, Crowley, Feb. 26

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  17. Texas: Rice Technical Working Group, Galveston, March 1-4

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  18. Texas: Rice Technical Working Group Conference, Galveston, March 1-4

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  19. Texas: Permian Basin Cotton Conference, Big Spring, March 1

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  20. Kentucky: IPM Training, Princeton, March 2

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  21. Texas: Regional Sorghum Program, Plainview, March 3

    March 3 @ 8:00 am - 5:00 pm
  22. Indiana Small Farm Conference, Danville, March 4-5

    March 4 @ 8:00 am - March 5 @ 5:00 pm
  23. Kansas: 103rd Annual Cattlemen’s Day, Manhattan, March 4

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  24. Kentucky: Integrated Pest Management Training, Princeton, March 2

    March 6 @ 8:00 am
  25. Oklahoma: Irrigation Conference, Woodward, March 8

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  26. Oklahoma: Pecan Management Course, Stillwater, March 8

    March 8 @ 8:00 am - 5:00 pm
  27. Georgia: Pest Manager Training, Gainesville, March 10

    March 10 @ 8:00 am - 5:00 pm
  28. Missouri: Free Pesticide Collection Event, Portageville, March 12

    March 12 @ 8:00 am - 5:00 pm
  29. Florida: Carinata Summit, Quincy, March 15-16

    March 15 @ 8:00 am - March 16 @ 5:00 pm

 

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AFB Grain-Soybean Close: Soybeans Bounce Back, Corn, Wheat Move Lower

Ernst Undesser
By Ernst Undesser September 5, 2013

Soybean Comment

November soybeans came even closer to closing the big gap left two weeks ago before ending the day on a positive note. A close below the bottom of that gap at $13.31 ½ would confirm that a top has been charted. The weekly crop ratings show noticeable deterioration from last week. The percentage of the crop in good to excellent condition fell 4 percentage points to 54%. 31% of the crop is now rated fair, and 15% is poor to very poor. USDA still says the national average yield will be 43 bushels per acre, but that is becoming less likely by the day. Private estimates are coming in around 40 to 41 bu/ac. Forecasts for rain have eased yield concerns for the time being, however.

Wheat Comment

Wheat prices posted new contract lows. Fundamentals for this market continue to remain weak as global supplies remain strong. Further declines are needed to help U.S. wheat be more competitive on the global marketplace. As this corn harvest gets underway wheat prices will likely soften further. July 2014 wheat continues to trade above $6.50, while acreage is expected to decline in 2014. With large stocks to use and a soft corn market this is likely a good price for wheat.

Corn Comment

Corn prices fell again today. Declines today pushed December corn prices within 15-cents of contract lows. Expect prices to continue to decline as harvest continues to get underway easing some of the pressure the market has been feeling over the last couple of weeks. As fresh corn supplies enter the market we are seeing basis premiums evaporate. The wild card in this market remains what the USDA supply and demand forecast holds for the market next week. Expect corn prices to move lower ahead of this report as traders remain optimistic about this year’s corn crop and hopeful late rains will materialize and carry this crop across the finish line.

        
         

Soybeans

High Low
Cash Bids 1413 1365
New Crop 1374 1306

 

Riceland Foods

Cash Bids Stuttgart: 1376 Pendleton: 1398
New Crop Stuttgart: 1150 Pendleton: 1155

 

Futures:
High Low Last Change
Sep ’13 1423.75 1380.25 1423.00 +25.25
Nov ’13 1368.50 1335.00 1367.50 +15.00
Jan ’14 1365.00 1333.50 1364.25 +13.25
Mar ’14 1345.25 1314.75 1343.75 +11.25
May ’14 1319.00 1287.50 1315.50 +9.75
Jul ’14 1313.25 1280.25 1309.25 +10.50
Aug ’14 1285.00 1270.00 1285.75 +7.25
Sep ’14 1214.25 1214.25 1240.00 +7.25
Nov ’14 1205.75 1176.00 1194.50 -3.00

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Wheat

High Low
Cash Bids 614 554
New Crop 669 641

 

Futures:
High Low Last Change
Sep ’13 633.50 625.00 627.25 -7.00
Dec ’13 646.50 636.75 640.25 -6.00
Mar ’14 659.00 650.00 653.25 -5.75
May ’14 666.25 658.00 661.25 -5.50
Jul ’14 661.00 652.50 655.50 -5.50
Sep ’14 668.75 660.00 662.50 -6.50
Dec ’14 679.50 671.50 674.00 -7.25
Mar ’15 682.25 -6.75
May ’15 684.25 -7.50

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Grain Sorghum

High Low
Cash Bids 505 461
New Crop 489 489

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Corn

High Low
Cash Bids 517 419
New Crop 473 444

 

Futures:
High Low Last Change
Sep ’13 495.00 483.50 489.50 -4.50
Dec ’13 469.25 457.00 461.00 -8.50
Mar ’14 482.00 470.00 474.00 -8.50
May ’14 490.00 478.50 482.50 -8.25
Jul ’14 496.75 485.00 488.75 -8.25
Sep ’14 502.00 490.50 492.25 -9.25
Dec ’14 508.00 495.50 497.75 -10.50
Mar ’15 516.00 505.25 507.25 -10.25
May ’15 520.00 509.25 511.75 -10.25

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

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Ernst Undesser
By Ernst Undesser September 5, 2013