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

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  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

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  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

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  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: Corn, Soybeans Drop, Wheat Makes Slight Gains

Ernst Undesser
By Ernst Undesser October 22, 2013

Soybean Comment

Soybeans posted slight losses today after early gains. November ran into resistance at $13.05 before retreating. Yield reports continue to indicate impressive yields, making a national average of 42 bushels per acre a possibility. A sharp increase in planted acreage in South America will limit the upside potential of the market.

Wheat Comment

Wheat price showed some strength today, posting modest gains today. Strong global demand remains supportive for prices. However, price gains will likely be short lived as winter plantings look good in both the U.S. and Europe. Producers growing wheat for 2014 should consider pricing some wheat now, as new crop bids remain in the $6.75 range.

Corn Comment

Corn prices fell today, as the USDA released a new crop progress report yesterday. While harvested acres continue to trail previous year, the quality of the crop is getting better and yield reports remain good. With the reports once again flowing, expect corn prices to begin to trend lower as we look towards the November report. With December corn falling below $4.40 today, prices are like to test lows around $4.30. It is likely that this week’s export sales report could provide some temporary support to the market as prices move close to oversold territory. Given the current market expectations corn will likely look for a new harvest low before Thanksgiving

        
         

Soybeans

High Low
Cash Bids 1333 1256
New Crop 1348 1320

 

Riceland Foods

Cash Bids Stuttgart: 1312 Pendleton: 1322
New Crop Stuttgart: 1140 Pendleton: 1155

 

Futures:
High Low Last Change
Nov ’13 1305.50 1292.00 1302.25 -1.00
Jan ’14 1301.00 1290.00 1297.50 -3.00
Mar ’14 1281.00 1271.75 1278.00 -3.75
May ’14 1264.00 1255.00 1260.50 -4.00
Jul ’14 1260.25 1250.75 1256.75 -3.75
Aug ’14 1247.25 1239.75 1245.50 -3.25
Sep ’14 1207.50 1200.75 1206.00 -3.25
Nov ’14 1176.00 1167.50 1174.50 -2.75
Jan ’15 1180.00 1176.00 1179.50 -2.50

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Wheat

High Low
Cash Bids 695 600
New Crop 730 702

 

Futures:
High Low Last Change
Dec ’13 704.50 696.00 700.75 +1.00
Mar ’14 714.25 705.75 710.75 +1.00
May ’14 717.00 709.00 713.75 +1.00
Jul ’14 706.00 697.50 702.75 +2.75
Sep ’14 711.50 706.00 707.75 +2.75
Dec ’14 719.50 712.00 716.25 +3.25
Mar ’15 725.00 719.75 720.75 +3.25
May ’15 718.50 +2.25
Jul ’15 715.00 705.00 707.00 +4.75

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Grain Sorghum

High Low
Cash Bids 459 452
New Crop 503 494

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Corn

High Low
Cash Bids 444 394
New Crop 465 436

 

Futures:
High Low Last Change
Dec ’13 444.50 437.50 438.25 -5.75
Mar ’14 457.00 450.25 451.00 -5.75
May ’14 465.50 458.75 459.25 -6.00
Jul ’14 472.50 466.50 467.00 -5.00
Sep ’14 478.25 472.50 473.25 -4.50
Dec ’14 486.25 480.50 481.25 -4.50
Mar ’15 494.75 490.75 491.00 -4.50
May ’15 499.75 496.00 496.50 -4.50
Jul ’15 503.00 498.75 499.00 -4.50

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

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Ernst Undesser
By Ernst Undesser October 22, 2013