FWD: Morning Manna (June 30); BP: Ps. 40; RBTTY: Acts 10:1-23; Job 17-19

 
Samuel D. High
sdhigh@aristotle.net

 

---

-----Original Message-----
From: "Apostle Tom" <pressingon@hotmail.com>
Sent: Fri, 29 Jun 2007 16:59:52 -0500
To: pressingon@hotmail.com
Subject: Morning Manna (June 30); BP: Ps. 40; RBTTY: Acts 10:1-23; Job 17-19
 
 
June 30 “All We’ll Ever Need”  
 
“But I am poor and needy—yet, the Lord thinks upon me. You are my Help and  
my Deliverer; make no tarrying, O my God.”  
Psalm 40:17  
He’s all we’ll ever need—and more.  
What comes to your mind when you think about one who’s “poor and  
needy”? An orphaned street kid in some large, third-world metropolitan city  
trying to fend for himself? A bag lady sleeping on a cardboard box on a  
sidewalk near a towering building’s steam vents? A hobo hopping boxcars and  
sleeping underneath overpasses at night? An uneducated, unemployed  
day-laborer trying to feed eight hungry mouths on inadequate wages?  
 
Did your own face come to mind?  
If you’re like most folks, not very likely—for we seldom think of  
ourselves as being “poor and needy.” Oh, we might have it hard making ends  
meet, when the money runs out before the month does. Or, we may have  
“fallen on hard times” and are simply trying to “get by” in this dog-eat-dog  
world.  
 
But, most of the time, even then we don’t include ourselves in the  
description of one who’s “poor and needy.” Why, then, did David describe  
himself in such a way—especially when he’d been used so mightily by the God  
of Abraham down through the years? It’s because he never forgot where he’d  
come from and his ever-present need of his Good Shepherd. And, if the truth  
be known, neither should we.  
 
You see, dear Pilgrim, even on our “best days” we’re still “poor and  
needy.” Even if we have an overabundance of the world’s goods. . .and even  
if we can’t remember the last time we even felt much of a hunger pang. .  
.the fact remains that we are all “poor and needy” apart from God’s grace.  
And, even after having “been enlightened. . .tasted of the Heavenly gift. .  
.been made partakers of the Holy Spirit. . .dined on the good Word of God. .  
.and experienced the powers of the world to come” (Heb. 6:4-5). . .we still  
are totally dependent upon the Heavenly Father, whether we realize it or  
not.  
 
Think of it:  
He’s the One Who keeps our heart beating at night while we’re fast  
asleep. He’s the One Who designed our lungs to keep breathing and our brain  
to keep firing its electrical impulses when we’re oblivious to that around  
us. Therefore, we should always be ready to sing the old Gospel song, “I  
need Thee, O I need Thee. Every hour I need Thee. O bless me now, my  
Savior, I come to Thee.”  
 
Only then will we understand why David, the shepherd-king, went on to  
write “You are my Help and my Deliverer.” Pity us or anyone else if proud  
sufficiency ever replaces this sense of spiritual importunity. May the Holy  
Spirit help us to spend time today reflecting on the words of Mother  
Theresa, who once said “You’ll never know that Jesus is all you need until  
Jesus is all you have.” So true, so true.  
 
_________________________________________________________________  
Make every IM count. Download Messenger and join the i’m Initiative now.  
It’s free. http://im.live.com/messenger/im/home/?source=TAGHM_June07  
 
 
 

06/29/2007 Farm Bureau Daily Market Report

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Grain & Soybean Date: June 29, 2007 Soybeans Local Elevators: (Jun) EAST AR:  792 to 819 (NC) Summ. 812 to 834 River Elevators: (Jun) MISS: 810 to 823 ; AR & White 797 to 817 (NC) Summ. 809 to 834 Ark. Processor Bids: (Jun) 811 to - - -  (NC) 833 to 834 Memphis:  (Jun) 812 3/4 to 817 3/4 (NC)  822 3/4 to 826 3/4 Riceland Foods:  (NC) Stuttgart 811 ; Pendleton 819 ; West Memphis 823 Chicago Futures: Jul up 40 1/4 at  850   Aug  up  39 1/2  at  855 3/4   Nov up 39 1/2  at  881 3/4   Jan up 37 3/4  at  892   Nov '08 up 18 1/4  at  891 1/4   Today's Arkansas LDP rate for soybeans is: 0¢ Soybean Comment The USDA planted acreage report was a shocker with soybeans at 64.1 million acres. That was 3 million below March intentions and 4 million acres below the average pre-report estimate. Combined with a stocks report that was on target at 1.09 billion bushels it sent beans up the limit, where it remained for a good part of the session. By late morning, the market traded 10 to 15 cents off the high. Corn plantings of 92.9 million were also a shocker, but the other way. The greater acreage plus slightly larger stocks kept pressure on corn. Wheat Cash bid for June at Memphis  340 to 344 1/2; Bids to farmers at Local Elevators 507-519; River Elevators 506-533; Chicago Futures: Jul down  27  at  582    Sep down 26 3/4  at  597    Dec down  22 1/2  at  610 1/2    Jul '08 down  13 1/2  at  552 1/2    Jul '09 down  18  at  535    Today's Arkansas LDP rate for wheat is: 0¢ Grain Sorghum Cash bid for new crop at Memphis  587 to 591; Bids to farmers at River Elevators 495-559; Today's Arkansas LDP rate for sorghum is: 0¢ Corn Cash bid for June at Memphis   340 to 344 1/2;   new crop at Memphis   305 to - - -; Bids to farmers at River Elevators  324 to 337 Chicago Futures: Jul down  10  at  329 1/2    Sep down  10  at  340    Dec '07 down  7 1/2  at  350 3/4    Dec '08 up  2 3/4  at  394 3/4    Today's Arkansas LDP rate for corn is: 0¢ Grain Comment Wheat registered a huge key reversal with July moving to a new contract high of $6.32 before closing sharply lower. Overall fundamentals are positive but this suggests the market is set for a near term correction. Cotton & Rice  Date: June 29, 2007 Cotton Spot Price, Grade 41 Staple 34: Memphis up 160 at  5650   Greenwood up  160 at 5650 New York Futures: Jul up  150  at  5850    Oct up  160  at  6150    Dec up  170  at  6333    Mar up  189  at  6639    Dec '08 up  105  at  6950  This week's LDP rate for cotton is  .55 cents   The estimate for next week is  .21 cents Cotton Comment Cotton got another boost from today’s planted acreage report, with all cotton placed at 11.06 million acres. This was a good million acres below March intentions. In Arkansas, plantings were left at the 830,000 March estimate. The market gapped sharply higher with December hitting a new contract high of 64.4 cents. July at 60 cents is just 50 points away from the very top of a consolidation area on monthly charts that goes back just over 3 years. A move above that area would point old crop toward the mid 60’s. A word of caution, however, because today’s gap could be an exhaustion gap. Looking back several weeks, the gap at 58.3 cents points to an objective of 65 cents. Just keep that in mind as we continue to monitor the market next week. Rice Long Grain Cash Bid for  Aug/Sep 1024/cwt  to  - - -   - - - - - -  to  - - - Chicago Futures: Jul down  21  at  1039    Sep down  25 1/2  at  1067 1/2    Nov down  23  at  1100    Jan down  23  at  1127    - - -   - - -  at  - - -  Today's Arkansas LDP rate for long grain rice is  0¢ medium grain rice is  0¢ Rice Comment Rice didn’t have any real shockers, but overall U.S. planted acreage at 2.74 million acres was up about 10,000 over the March intentions. Arkansas acreage at 1.20 million acres was up 80,000 from the intentions. Overall medium grain plantings were up 10,000 acres from ’06 while long grain was down 104,000 acres. Part of the decline was likely in sympathy to the late fall in wheat, and the overall weaker undertone in corn. Longer term, a smaller U.S. crop and tighter world stocks will still bode well for higher prices at some point in the future. Key support for November remains around $10.65 to $10.80. Cattle & Hogs  Date: June 29, 2007 Cattle As reported by Federal-State Market News, receipts were 9,210 head at sales in Arkansas this week.  Compared with last week, feeder steers sold unevenly, mostly steady to 1 higher . Steers:  Medium & Large Frame 1   400 to 450 lbs. 115 to 125   500 to 550 lbs. 108 to 118   600 to 700 lbs. 103 to 113  Medium & Large Frame 2   400 to 450 lbs. 107 to 117 Heifers:  Medium & Large Frame 1   400 to 450 lbs. 106 to 116  Medium & Large Frame 2   400 to 450 lbs. 96 to 106 Slaughter Cows, Boners 46   to   53 Light Weight 37 to 43 Bulls, Yield Grade   1   1000   to   2100 lbs.   63   to   67, high dressing 67-70 Midwest Steers   were quoted   at   84   to   86 Panhandle Steers   were quoted   at   84   to   86 Oklahoma City Feeders Steers n/a to - - - lbs. - - - to - - -   n/a to - - - lbs. - - - to - - - Heifers n/a to - - - lbs. - - - to - - -   n/a to - - - lbs. - - - to - - - Chicago Futures: Live Cattle: Aug up 12 at 9027   Dec up 30 at 9617 Feeders: Aug up 177 at 11155   Oct up 150 at 11190 Cattle Comment Cattle received a boost from the weaker corn trade as August futures continued to move higher for the third day in a row. There remains a standoff between packers and feedlots as they are about $3 apart on bids and offers. Hogs Peoria: were     steady   at   48   to   48.5 Chicago Futures: Aug down 87 at 7067   Oct down 77 at 6412 Sheep St. Paul sheep shorn slaughter lambs   at   n/a   to   - - - Hogs Comment Hogs were lower today as cash bids declined from 50 cents to $2. Weak operating margins and readily available supplies for the holiday shortened week contributed to the decline. Poultry  Date: June 29, 2007 Eggs New York:  Ex. Lg. 106-110; Lg. 104-108; Med. 74-78; Chicago:  Ex. Lg. 82-90; Lg. 80-88; Med. 55-63; Eastern Region Turkeys Hens: 8-16 lbs. 85-86 Toms: 16-24 lbs. 85-86   Delmarva Broilers U.S. Grade A Majority prices for next were trending two cents lower in the East, but unchanged elsewhere. Supplies of all sizes were more than sufficient for trade needs. In production areas, live supplies were moderate at weights in a full range. ---------------------------------------- HOW TO UNSUBSCRIBE You are receiving this newsletter because you requested that your e-mail address be added to the Arkansas Farm Bureau Market Report. To unsubscribe or change your subscription information, go to http://www.arfb.com/commodity/daily_rpt_email.asp ---------------------------------------- QUESTIONS OR COMMENTS? If you have any comments or questions about this e-newsletter please e-mail us at mktrpt@arfb.com Arkansas Farm Bureau 10720 Kanis Road Little Rock, AR 72211 501-224-4400 Copyright 2007 Arkansas Farm Bureau, Inc. All rights reserved

Bi-Weekly Market Briefings for 06-29-2007

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ARKANSAS FARM BUREAU ELECTRONIC NEWSLETTER Bi-Weekly Market Briefings for 06-29-2007 -------------------------------------------------------------------------- http://www.arfb.com Cotton remains in a strong trend upward. After months of cellar-dwelling futures, New-Crop December Cotton Futures have led a major upturn and gained over 10 cents since mid-March. The move to 62.1 cents exceeded strong resistance just below 61 cents. Equally impressive has been the ability to hold above that while consolidating just below the high. A number of fundamentals came together to precipitate the move, including the lack of precipitation in Georgia, Alabama and parts of the Mid-South and how it affects perceived production. In addition, general wisdom is that cotton plantings will be well below March’s 12.14 million-acre intentions. China is expected to purchase almost 3 million bales in July–September. Much of it will come from the U.S. This week’s Planted Acreage Report might help set the summer market. Technically, a December close above 62.1 cents brings the 63.8-cent contract high back into play. Wheat fundamentals are providing new support. It got another boost after two weeks of consolidation just below the recent $6.18 July Contract high. Canada reported plantings down 10 percent-plus, the Ukraine cut projected exports more than 30 percent, and India reportedly will tender for 1 million tons. This combined news sent July back to $6.18 and, at $6.08½, the highest close for the contract. Compounding the situation further, extended rain is affecting the southern Plains and delaying harvest. Production losses are rising, and quality is falling. The April ’96 high of $7.17 is the next, and only, higher point on long-term charts. Corn has experienced a major correction. Improving crop conditions, including rain in parts of the eastern Corn Belt, has initiated a sharp downward correction in futures. In just six days, September Futures dropped from a $4.32 high to a low of $3.66½, a 65½-cent loss. That made a major reversal on the weekly charts and put the market in technical jeopardy. A close below $3.56 will retest long-term support at $3.40. The market is quickly moving from overbought to oversold, which may prompt renewed interest from funds. This week’s report is expected to show plantings of close to 92 million acres. Soybeans are dipping as the market shows its volatile nature. Like corn, beans have left a major reversal on the weekly charts. Simultaneously last week, November dipped 68 cents. Unlike corn, the bean decline was marked by a one-day upside reversal and a less ominous look and feel to the charts. While there are ample stocks, a much smaller planted bean acreage seems to have the market a little leery. That may limit the downside, at least in the short term. The Planted Acreage Report to be released late last week was expected to show a slight rise from March intentions. However, no one would have been surprised if it’d gone the other way, either. Crop ratings remain good, but we’re at least a month away from weather having a major impact on yields. Technically, November has support at $8.20–$8.25. Resistance ranges from $8.40–$8.65 to the contract high of $8.93. The milled Rice export market is slow. Many mills are still operating well below capacity as export opportunities become rarer. Although the demand side of the market is rather soft, expect the supply side to be firm. World stocks will decline again this year, and U.S. production will be lower. This week’s Planted Acreage Report should provide a better idea of ’07 production. Chances are good that plantings will be below the 2.64 million-acre March intentions, which were down 7 percent from ’06 and 22 percent from ’05. Arkansas was projected 13 percent lower, at 1.22 million acres. Technically, November Futures broke out of a consolidation area just under the recent $11.55 high, but quickly recovered. Overall, trading remains in a 6-month range between $10.65 and $11.58. Upside may be limited, but a smaller Planted Acreage Report may pressure resistance at $11.55–$11.58. Arkansas Poultry prices are lower on boneless/skinless breasts and thighs and higher on all leg quarters and wings, compared to last week. Generally, trading and demand was moderate, and reports improved on boneless/skinless breasts into retail features. Leg quarter and drum demand was fairly good for the adequate supplies. Export leg quarter price majorities were 43–45 cents F.O.B. Demand continues moderate-to-good into export channels. The market tone was steady-to-fully steady on drums and leg quarters; barely steady-to-weak on thighs and boneless dark meat, and steady on boneless/skinless breasts. Prices were: boneless/skinless breasts, $1.12–$1.65, with majority $1.29–$1.35; leg quarters (bulk), 44–53 cents, majority 44–46 cents; leg quarters, 46–51 cents, majority 48 cents; wings, $1.24–$1.31; thighs, 35–52 cents, majority 35–38 cents. The Live Cattle charts have taken on a bearish appearance. August is trending lower, and there is little technical support above $87. Cash prices have fallen below $90 for the first time in six months. Feeders have moved higher in recent weeks, thanks to weakness in Corn Futures. This market will likely move sideways-to-lower, though, until Live Futures find a bottom. Hog Futures have also turned lower. Larger-than-expected slaughter totals, combined with disappointing export movement, are creating a bearish situation. We expect this week’s Quarterly Hogs Report to show a 2-percent increase in the Market Hog inventory, which is pressuring deferred contracts, since it will result in very high fall production rates. August could retest support near $70. Contact: • Gene Martin (501) 228-1330, gene.martin@arfb.com . • Brandy Carroll (501) 228-1268, brandy.carroll@arfb.com . • Bruce Tencleve (501) 228-1856, bruce.tencleve@arfb.com . • Matt King (501) 228-1297, matt.king@arfb.com . -------------------------------------------------------------------------- We promised you your own bank, and here it is - www.farmbureaubank.com Created by members who understand your financial needs like no other bank can. Backed by the strength, stability and leadership of Farm Bureau. Go ahead. See what better banking is all about. Call 1-800-492-FARM Personal Bankers are available Monday - Friday, 7am to 7pm CST -------------------------------------------------------------------------- QUESTIONS OR COMMENTS? If you have any comments or questions about this e-newsletter please e-mail us at: mktrpt@arfb.com -------------------------------------------------------------------------- ---------------------------------------- HOW TO UNSUBSCRIBE You are receiving this newsletter because you requested that your e-mail address be added to the Arkansas Farm Bureau Market Report. To unsubscribe or change your subscription information, go to http://www.arfb.com/commodity/daily_rpt_email.asp ---------------------------------------- QUESTIONS OR COMMENTS? If you have any comments or questions about this e-newsletter please e-mail us at mktrpt@arfb.com Arkansas Farm Bureau 10720 Kanis Road Little Rock, AR 72211 501-224-4400 Copyright 2007 Arkansas Farm Bureau, Inc. All rights reserved

FWD: Morning Manna (June 29); BP: Ps. 40; RBTTY: Acts 9:22-43; Job 14-16

 
Samuel D. High
sdhigh@aristotle.net

 

---

-----Original Message-----
From: "Apostle Tom" <pressingon@hotmail.com>
Sent: Thu, 28 Jun 2007 17:45:02 -0500
To: pressingon@hotmail.com
Subject: Morning Manna (June 29); BP: Ps. 40; RBTTY: Acts 9:22-43; Job 14-16
 
 
June 29 “Our Need and His Supply”  
 
“But I am poor and needy—yet, the Lord thinks upon me. You are my Help and  
my Deliverer; make no tarrying, O my God.”  
Psalm 40:17  
Remembering Who He is when we realize who we are will renew our hope  
when all seems lost.  
“Who are you, Pilgrim?”  
If someone asks us that, so often we’ll respond with our name, rank and  
serial number—or at least our name, place of birth, street address and/or  
something else of interest. However, today’s Manna reminds us of what we  
should say:  
 
“But I am poor and needy.”  
“Wait a minute!” someone objects.  
“Don’t you know you’re supposed to put your best foot forward? I mean,  
what kind of a response is that—‘I am poor and needy’? Let’s get real!”  
 
Hmm. . .pride dies hard, doesn’t it?  
Assuredly so.  
That’s why we must realize who and what we are before we’ll remember  
Who He is and what He can do. Truly, He is our “Help and Deliverer.” He’s  
the One Who comes to our aid in our time of importunity and “supplies all of  
our needs according to His riches in glory by Christ Jesus” (Phil. 4:19)!  
And, He’s the One Who’ll either deliver us “FROM the fire or IN the fire”  
(Dan. 3:17-18)! Hallelujah!!  
 
Yes, dear Pilgrim, we should never forget that we are “poor and needy”.  
. .one whose best deeds are still “as filthy rags in the sight of God” (Is.  
64:6). . .and one who constantly “falls short of what God intends for us”  
(Rom. 3:23).  
 
Only then will we cry out to Him, realizing that only He can sustain  
and supply us in the “dark night of the soul.” Only then will we discover  
“His grace is sufficient” (II Cor. 12:9-10) and His Presence is all we need  
(Ps. 46:1; Heb. 13:5).  
 
What’s interesting in David’s prayerful petition are his words “yet the  
Lord thinks upon me.” Some may ask, “What good is that? Isn’t it better  
that He ‘do’ something instead of just ‘thinking upon us’?”  
 
Yes—but, when we realize the Hebrew word “chashab” is used here for  
“thinks” and also means “to plait, interweave, fabricate, devise, etc.,” it  
dawns on us that His omniscience is linked directly to His omnipotence.  
Therefore, there’ll never be a time or situation in which we find ourselves  
where He hasn’t already “planned ahead” to give us what we need just when we  
need it. Glory!!  
 
Why not spend a few minutes right now reflecting on the fact that the  
God of the universe is “thinking of you” right at this very minute? And,  
why not give thanks even now for the assurance that He is your “Help and  
Deliverer” and will always be there for you in your moment of need?  
 
_________________________________________________________________  
Get a preview of Live Earth, the hottest event this summer - only on MSN  
http://liveearth.msn.com?source=msntaglineliveearthhm  
 
 
 

06/28/2007 Farm Bureau Daily Market Report

Click here to view this report online.

Grain & Soybean Date: June 28, 2007 Soybeans Local Elevators: (Jun) EAST AR:  752 to 779 (NC) Summ. 772 to 794 River Elevators: (Jun) MISS: 770 to 783 ; AR & White 761 to 781 (NC) Summ. 771 to 794 Ark. Processor Bids: (Jun) 771 to - - -  (NC) 793 to 794 Memphis:  (Jun) 785 3/4 to 787 3/4 (NC)  789 1/4 to 792 1/4 Riceland Foods:  (NC) Stuttgart 771 ; Pendleton 779 ; West Memphis 783 Chicago Futures: Jul up 6 1/4 at  809 3/4   Aug  up  4 1/2  at  816 1/4   Nov up 4 3/4  at  842 1/4   Jan up 6  at  854 1/4   Nov '08 up 3  at  873   Today's Arkansas LDP rate for soybeans is: 0¢ Soybean Comment Soybean trading was relatively quiet ahead of tomorrow’s report as November remained within a narrow consolidation area. Pre-report estimates for ’07 soybean plantings range from 66 to 69 million acres, averaging 700,000 acres above the March intentions of 67.1 million acres. Anything below this would be positive for the market. Wheat Cash bid for June at Memphis  549 to 572; Bids to farmers at Local Elevators 532-541; River Elevators 528-556; Chicago Futures: Jul up  3  at  609    Sep up 2 1/4  at  623 3/4    Dec up  4 1/2  at  633    Jul '08 up  3  at  566    Jul '09 down  2  at  553    Today's Arkansas LDP rate for wheat is: 0¢ Grain Sorghum Cash bid for new crop at Memphis  592 to 604; Bids to farmers at River Elevators 513-577; Today's Arkansas LDP rate for sorghum is: 0¢ Corn Cash bid for June at Memphis   348 1/2 to 351 1/2;   new crop at Memphis   315 to - - -; Bids to farmers at River Elevators  334 to 347 Chicago Futures: Jul down  4 1/4  at  339 1/2    Sep down  3 3/4  at  350    Dec '07 down  3  at  358 1/4    Dec '08 up  1  at  392    Today's Arkansas LDP rate for corn is: 0¢ Grain Comment July wheat traded in a narrow range before closing a bit higher. This market is looking toppy after setting a new contract high yesterday. Corn futures also appear to have topped and posted losses again today. Losses were limited by a positive export report. USDA reported today that nearly 39 million bushels were sold for export last week. Cotton & Rice  Date: June 28, 2007 Cotton Spot Price, Grade 41 Staple 34: Memphis up 10 at  5490   Greenwood up  10 at 5490 New York Futures: Jul up  15  at  5700    Oct up  10  at  5990    Dec up  6  at  6163    Mar up  10  at  6450    n/a   - - -  at  - - -  This week's LDP rate for cotton is  3.03 cents   The estimate for next week is  .55 cents Cotton Comment Cotton traded in a very narrow range before closing mixed, as the market treaded water ahead of tomorrow’s report. The ability to hold above previous resistance at 60.7 cents is a positive, which suggests the possibility of further gains, perhaps to the contract high of 63.8 cents. The sharp upward move of just over 10 cents has all but removed LDP possibilities, with the adjusted world price approaching the 52 cents loan. Fundamentals supporting the upturn include big potential export sales to China, a smaller planted acreage in ’07 and sharply reduced U.S. production. Drought conditions in parts of the South have contributed to that. Rice Long Grain Cash Bid for  Aug/Sep 1048/cwt  to  - - -   - - - - - -  to  - - - Chicago Futures: Jul up  8  at  1060    Sep up  5  at  1093    Nov up  4  at  1123    Jan up  5  at  1150    - - - up  - - -  at  - - -  Today's Arkansas LDP rate for long grain rice is  0¢ medium grain rice is  0¢ Rice Comment Rice traded in a narrow range before closing slightly higher for the day. Tomorrow’s acreage report should show slightly smaller plantings than indicated in March. Overall acreage was projected 7% lower, while Arkansas was down 13%. This was the second year in a row that acreage declined. At the same time world stocks are lower for the sixth consecutive year. The two factors combined suggest tightening supplies and potential for higher prices. Higher freight rates are a negative as the U.S. needs to compete for additional export markets. Futures continue to trade within a broad range, just under a dollar, that has contained the market for most of the calendar year. Cattle & Hogs  Date: June 28, 2007 Cattle As reported by Federal-State Market News, receipts were 1,907 head at sales in Charlotte, Ratcliff & Green Forest.  Compared with last week, feeder steers sold mostly $2-5 lower . Steers:  Medium & Large Frame 1   400 to 450 lbs. 116 to 125   500 to 550 lbs. 107 to 117   600 to 700 lbs. 101 to 111  Medium & Large Frame 2   400 to 450 lbs. 111 to 121 Heifers:  Medium & Large Frame 1   400 to 450 lbs. 98 to 108  Medium & Large Frame 2   400 to 450 lbs. 98 to 108 Slaughter Cows, Boners 45   to   51 Light Weight 37 to 44 Bulls, Yield Grade   1   1000   to   2100 lbs.   57   to   63, high dressing 65-77 Midwest Steers   n/a   at   - - -   to   - - - Panhandle Steers   n/a   at   - - -   to   - - - Oklahoma City Feeders Steers 500 to 550 lbs. 125.50 to 133   600 to 650 lbs. 111.75 to 120.50 Heifers 500 to 550 lbs. 104 to 115   600 to 650 lbs. 103.50 to 112 Chicago Futures: Live Cattle: Aug up 90 at 9015   Dec up 125 at 9587 Feeders: Aug up 120 at 10977   Oct up 130 at 11040 Cattle Comment Cattle futures posted solid gains today after charting bullish reversals in many contracts yesterday despite bearish fundamentals. Beef prices remain weak, and packers are unwilling to raise bids to bring cattle to market. Hogs Peoria: were     steady   at   48   to   48.5 Chicago Futures: Aug down 10 at 7155   Oct up 27 at 6490 Sheep St. Paul sheep shorn slaughter lambs   at   n/a   to   - - - Hogs Comment Hog futures ended mixed. Deferred contracts are under pressure from expectations for the quarterly inventory report to show expansion in the hog herd. Losses were limited by gains in cattle futures. August could retest support near $70. Poultry  Date: June 28, 2007 Eggs New York:  Ex. Lg. 106-110; Lg. 104-108; Med. 74-78; Chicago:  Ex. Lg. 82-90; Lg. 80-88; Med. 55-63; Eastern Region Turkeys Hens: 8-16 lbs. 85-86 Toms: 16-24 lbs. 85-86   Delmarva Broilers U.S. Grade A Trade sentiment was mostly steady, at times barely steady in the East. In production areas, live supplies were moderate at mixed weights. According to the National Agricultural Statistics Service (NASS) for the week ending 23-Jun-07, broiler egg sets were up 3% and chick placements were up 4% when compared to a year ago. Based on the preliminary chick placements, the number of fryers available for marketing during the week ending 04-Aug-2007 was estimated at 166.3 million head compared to 166.4 million head a week earlier. ---------------------------------------- HOW TO UNSUBSCRIBE You are receiving this newsletter because you requested that your e-mail address be added to the Arkansas Farm Bureau Market Report. To unsubscribe or change your subscription information, go to http://www.arfb.com/commodity/daily_rpt_email.asp ---------------------------------------- QUESTIONS OR COMMENTS? If you have any comments or questions about this e-newsletter please e-mail us at mktrpt@arfb.com Arkansas Farm Bureau 10720 Kanis Road Little Rock, AR 72211 501-224-4400 Copyright 2007 Arkansas Farm Bureau, Inc. All rights reserved

FWD: Morning Manna June 28: BP: Ps. 40; RBTTY: Acts 9:1-21; Job

 
Samuel D. High
sdhigh@aristotle.net

 

---

-----Original Message-----
From: Lynn Smith <lynn824@cebridge.net>
Sent: Wed, 27 Jun 2007 17:31:54 -0500
To: Recipient list suppressed:;
Subject: Morning Manna June 28: BP: Ps. 40; RBTTY: Acts 9:1-21; Job
 
June 28                                                                 “It’s All About Him”

“Let all those that seek You rejoice and be glad in You.  Let such as love Your salvation say continually, ‘The Lord be magnified’.”
                                                                                           Psalm 40:16
     When it’s all said and done, it doesn’t matter what people think about us for it’s all about Him.
     Some folks walk in a room and get offended if others don’t notice their entrance.  Although they may have a sense of humility about them, let them get offended or thwarted and their true colors come out.

     They get red in the face.  Their eyes bulge out, as do the veins in their neck.  Their hearts race and their blood boils.  And, if you didn’t know any better, you’d think you committed the unpardonable sin.

     Oh, how subtle and pervasive the sins of carnality and pride!
     A surefire antidote to this is found in today’s Manna where David enjoins us to “rejoice and be glad in the Lord and to continually say, ‘The Lord be magnified’.”  Or, as was said earlier, a summary statement of this exhortation is “It’s all about Him, Pilgrim; it’s all about Him.  Keep your eyes on Him and spend more time talking about Him than you do yourself.”

     Think of it:
     What would happen if the majority of our thoughts during the day were about the Heavenly Father and His love for us?  What would happen if every word that sprang from our lips was about Jesus and His blessings in our lives?  What would happen if every one of us were more concerned with His being revealed in us than we were our petty differences and pet peeves?

     Why, we’d think we’d died and gone to Heaven!  Glory!!
     Yes, the “fruits of the Spirit” (Gal. 5:22-23) ripen on branches of “rejoicing and thanksgiving.”  That’s why John the Baptist said about Jesus, “He must increase and I must decrease” (Jn. 3:30).  That’s also why the Apostle Paul said, “I am crucified with Christ; nevertheless I liveyet, not I, but Christ Who lives in me.  And the life which I now live in the flesh, I live by the faith of the Son of God, Who loved me and gave Himself for me” (Gal. 2:20).

     Truly, it’s “all about Him,” isn’t it, Pilgrim?
     Yes, it truly is.
     That’s why we should daily say, “Dear Lord, help me today to guard my thoughts and bridle my tongue lest I bring shame and discredit to Your Holy Name.  Help me to focus less on me and more on You and, in so doing, to help draw others to Jesus.”
     As we do this, we must remember the Lord will use others’ unkind words and deeds as the “nails” to help us be “crucified with Christ” and as “thorns in the flesh” to teach us “His grace is sufficient” (II Cor. 12:9-10).  May the Holy Spirit help us to be willing to “enter into the fellowship of His sufferings” today (Phil. 3:10).

06/27/2007 Farm Bureau Daily Market Report

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Grain & Soybean Date: June 27, 2007 Soybeans Local Elevators: (Jun) EAST AR:  746 to 773 (NC) Summ. 768 to 790 River Elevators: (Jun) MISS: 764 to 777 ; AR & White 754 to 774 (NC) Summ. 766 to 790 Ark. Processor Bids: (Jun) 765 to - - -  (NC) 789 to 790 Memphis:  (Jun) 777 1/2 to 779 1/2 (NC)  784 1/2 to 786 1/2 Riceland Foods:  (NC) Stuttgart 765 ; Pendleton 773 ; West Memphis 773 Chicago Futures: Jul down 3 1/2 at  803 1/2   Aug  down  3 1/2  at  811 3/4   Nov down 4 1/2  at  837 1/2   Jan down 4 3/4  at  848 1/4   Nov '08 down 1 3/4  at  870   Today's Arkansas LDP rate for soybeans is: 0¢ Soybean Comment Soybeans ended the session a little lower after making a big dip at midday. Average estimates suggest plantings will be about 700,000 acres above March intentions. At the same time forecasts of higher temperatures have moderated, and this pushed soybeans and corn lower. With a lot of crop development time left, it is a little early to lock in an anticipated yield. There is still time for the crop to go either way. For now November beans have support at $8.20 and resistance around $8.65. Wheat Cash bid for June at Memphis  561 to 563; Bids to farmers at Local Elevators 529-538; River Elevators 525-552; Chicago Futures: Jul down  2 1/2  at  606    Sep down 4 1/2  at  621 1/2    Dec down  5 1/2  at  628 1/2    Jul '08 down  9 1/2  at  563    Jul '09 down  7  at  560    Today's Arkansas LDP rate for wheat is: 0¢ Grain Sorghum Cash bid for new crop at Memphis  596 to - - -; Bids to farmers at River Elevators 521-586; Today's Arkansas LDP rate for sorghum is: 0¢ Corn Cash bid for June at Memphis   352 3/4 to 353 3/4;   new crop at Memphis   317 3/4 to 318 3/4; Bids to farmers at River Elevators  339 to 352 Chicago Futures: Jul down  12 3/4  at  343 3/4    Sep down  13 1/4  at  353 3/4    Dec '07 down  13  at  362 3/4    Dec '08 down  9 3/4  at  391    Today's Arkansas LDP rate for corn is: 0¢ Grain Comment July wheat set a new contract high today before retracing gains and closing lower. Early strength came from a 55,000 ton purchase of soft red winter by Egypt. Heavy rains that will cause harvest delays in Texas were also supportive. However, chart action late in the day looks bearish. Corn futures appear to have topped after posting sharp losses today. Support for December begins at $3.56. Cotton & Rice  Date: June 27, 2007 Cotton Spot Price, Grade 41 Staple 34: Memphis up 14 at  5480   Greenwood up  14 at 5480 New York Futures: Jul up  85  at  5685    Oct up  14  at  5980    Dec up  24  at  6169    Mar up  45  at  6440    Dec '08 up  13  at  6848  This week's LDP rate for cotton is  3.03 cents   The estimate for next week is  .63 cents Cotton Comment Cotton pushed to a new recent high with December hitting 62.25 before selling off. The ability to hold above previous resistance at 60.7 cents is a positive, which suggests the possibility of further gains, perhaps to the contract high of 63.8 cents. The sharp upward move of just over 10 cents has all but removed LDP possibilities, with the adjusted world price approaching the 52 cents loan. Fundamentals supporting the upturn include big potential export sales to China, a smaller planted acreage in ’07 and sharply reduced U.S. production. Drought conditions in parts of the South have contributed to that. Rice Long Grain Cash Bid for  Aug/Sep 1044/cwt  to  - - -   - - - - - -  to  - - - Chicago Futures: Jul down  5  at  1052    Sep down  6  at  1088    Nov down  3  at  1119    Jan down  4  at  1145    - - - down  - - -  at  - - -  Today's Arkansas LDP rate for long grain rice is  0¢ medium grain rice is  0¢ Rice Comment November rice again lost ground early, then retraced most of the decline by the end of the session. Friday’s acreage report should show slightly smaller plantings than indicated in March. Overall acreage was projected 7% lower, while Arkansas was down 13%. This was the second year in a row that acreage declined. At the same time world stocks are lower for the sixth consecutive year. The two factors combined suggest tightening supplies and potential for higher prices. Higher freight rates are a negative as the U.S. needs to compete for additional export markets. Futures continue to trade within a broad range, just under a dollar, that has contained the market for most of the calendar year. Cattle & Hogs  Date: June 27, 2007 Cattle As reported by Federal-State Market News, receipts were 1,434 head at sales in Conway & Pocahontas.  Compared with last week, feeder steers sold $3-$6 lower . Steers:  Medium & Large Frame 1   400 to 450 lbs. 110 to 117.50   500 to 550 lbs. 103 to 113   600 to 700 lbs. 95 to 104  Medium & Large Frame 2   400 to 500 lbs. 99 to 109 Heifers:  Medium & Large Frame 1   400 to 450 lbs. 95 to 105  Medium & Large Frame 2   400 to 450 lbs. 90 to 98 Slaughter Cows, Boners 46   to   50 Light Weight 31 to 36 Bulls, Yield Grade   1   1000   to   2100 lbs.   60   to   65.50, high dressing 67.50-70 Midwest Steers   were $1 higher to steady   at   84   to   - - - Panhandle Steers   were steady   at   84   to   - - - Oklahoma City Feeders Steers 500 to 550 lbs. 120 to 131   600 to 650 lbs. 108.50 to 115.50 Heifers 500 to 550 lbs. 110 to 119   600 to 650 lbs. 104.50 to 107 Chicago Futures: Live Cattle: Aug up 62 at 8925   Dec up 32 at 9462 Feeders: Aug up 92 at 10857   Oct up 70 at 10910 Cattle Comment Cattle futures were mostly higher on profit taking after yesterday’s losses. The cash market is quiet so far this week, giving futures little direction. Beef prices remain weak, and packers are unwilling to raise bids to bring cattle to market. Hogs Peoria: were $.5     lower   at   48   to   48.5 Chicago Futures: Aug up 32 at 7165   Oct down 30 at 6462 Sheep St. Paul sheep shorn slaughter lambs   at   n/a   to   - - - Hogs Comment Hog futures were lower again today. Deferred contracts are under pressure from expectations for the quarterly inventory report to show expansion in the hog herd. August could retest support near $70. Poultry  Date: June 27, 2007 Eggs New York:  Ex. Lg. 102-106; Lg. 100-104; Med. 70-74; Chicago:  Ex. Lg. 82-90; Lg. 80-88; Med. 55-63; Eastern Region Turkeys Hens: 8-16 lbs. 84-85 Toms: 16-24 lbs. 84-85   Delmarva Broilers U.S. Grade A Trade sentiment was steady to about steady in the West, steady to barely steady in the East, and steady in the Midwest. Supplies of all sizes were usually sufficient to handle trade needs. In production areas, live supplies were moderate at weights in a full range. ---------------------------------------- HOW TO UNSUBSCRIBE You are receiving this newsletter because you requested that your e-mail address be added to the Arkansas Farm Bureau Market Report. To unsubscribe or change your subscription information, go to http://www.arfb.com/commodity/daily_rpt_email.asp ---------------------------------------- QUESTIONS OR COMMENTS? If you have any comments or questions about this e-newsletter please e-mail us at mktrpt@arfb.com Arkansas Farm Bureau 10720 Kanis Road Little Rock, AR 72211 501-224-4400 Copyright 2007 Arkansas Farm Bureau, Inc. All rights reserved

FWD: Morning Manna June 27: BP: Ps. 40; RBTTY: Acts 8:26-40; Job

 
Samuel D. High
sdhigh@aristotle.net

 

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-----Original Message-----
From: Lynn Smith <lynn824@cebridge.net>
Sent: Tue, 26 Jun 2007 12:58:04 -0500
To: Recipient list suppressed:;
Subject: Morning Manna June 27: BP: Ps. 40; RBTTY: Acts 8:26-40; Job
 
June 27                                                                 “God’s Vindication”

“Let them be ashamed and confounded together that seek after my soul to destroy it; let them be driven backward and put to shame that wish me evil.  Let them be desolate for a reward of their shame that say unto me, ‘Aha, aha’.”
                                                                                          Psalm 40:14-15
     During our times of desperation and exasperation, we must remember that the Lord knows and will handle things.
     No one needs to tell us that life is not fair; neither is it seemingly “just” at times.  We watch how the “rich and famous” are treated in the sight of the law in comparison to the “down-and-out” and we inwardly sigh over such inequalities in application.

     Likewise, if we’re serious about serving the Lord, it won’t be long before we understand why Jesus called our pathway “the strait and narrow” (Mt. 7:13-14). We could also call it “rocky and steep” or “always against the tide”for the walk of faith will always find opposition from “the world, the flesh and the devil.”

     Today’s Manna shows that David’s agony of soul wasn’t just over his own sinful wretchedness (v.12).  Although we don’t know who’s “seeking after his soul to destroy it and mocking him with words of ‘Aha, aha’,” it’s clear he’s being berated and beset on every hand.

     Now, it’s just normal to get riled up and want to lash out at those who treat us in unkind and unloving ways.  Our blood boils.  Our blood pressure shoots out the top.  Our jaw, neck and back muscles tighten up.  Our fists clench.  We want to get even or show them a thing or two.  We want to give them a piece of our mind or a knuckle sandwich.

     But, then we hear His “still, small Voice” (I Kings 19:12):
     “Vengeance is mine, says the Lord; I will repay” (Rom. 12:19).  “Turn the other cheek and walk the second mile.  Love your enemies and pray for those that despitefully use you and persecute you.  In so doing you reveal that you are children of the Heavenly Father” (Mt. 5:39-45a).

     Thus, David’s words here are rooted more in the First Adam than they are the Second Adam (Christ).  That’s why we must daily “be crucified with Christ” (Gal. 2:20) and continually “be transformed by the renewing of our mind as we bring every thought, word and deed under His Lordship” (Rom. 12:2; II Cor. 10:5).

     This doesn’t mean we should become some passive piece of milk-toast and a doormat for the world.  A thousand times no!  There are times we must speak out against injustice and stand firmly on God’s Word regardless of the cost; otherwise, the darkness of evil will escalate, clouding our view of the Son and hindering His Kingdom work.
     For now we must “groan in grace,” agonizing over why our Lord doesn’t say “Enough!” and put an end to such evil.  But, be patient, weary Pilgrim:  In “due season we shall reap if we grow not weary or faint in well-doing” (Gal. 6:9).  Hallelujah!  What a Savior!  What a Blessed Assurance!!

06/26/2007 Farm Bureau Market Report

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Grain & Soybean Date: June 26, 2007 Soybeans Local Elevators: (Jun) EAST AR:  749 to 776 (NC) Summ. 772 to 794 River Elevators: (Jun) MISS: 767 to 780 ; AR & White 758 to 778 (NC) Summ. 777 to 794 Ark. Processor Bids: (Jun) 768 to - - -  (NC) 793 to 794 Memphis:  (Jun) 782 to - - - (NC)  789 to 791 Riceland Foods:  (NC) Stuttgart 768 ; Pendleton 776 ; West Memphis 780 Chicago Futures: Jul up 2 3/4 at  807   Aug  up  3 3/4  at  815 1/4   Nov up 3 1/2  at  842   Jan up 3 1/4  at  853   Nov '08 up 6 1/4  at  871 3/4   Today's Arkansas LDP rate for soybeans is: 0¢ Soybean Comment Soybeans continued yesterday’s rebound, managing small gains again today. The market improved despite improved moisture conditions in the eastern part of the cornbelt and overall good crop ratings. Illinois crop ratings improved by 13% in the good and excellent categories over the last week. Most early reports suggest soybean plantings will be up slightly from the March intentions. Weather remains the key with old chart resistance at $8.43 and $8.65 between the market and the contract high of $8.93. Wheat Cash bid for June at Memphis  561 1/2 to 568 1/2; Bids to farmers at Local Elevators 532-541; River Elevators 527-550; Chicago Futures: Jul up  19  at  608 1/2    Sep up 21 1/2  at  626    Dec up  19 1/4  at  634    Jul '08 up  7  at  572 1/2    Jul '09 up  11  at  562    Today's Arkansas LDP rate for wheat is: 0¢ Grain Sorghum Cash bid for new crop at Memphis  616 to 629; Bids to farmers at River Elevators 543-607; Today's Arkansas LDP rate for sorghum is: 0¢ Corn Cash bid for June at Memphis   359 1/2 to 363 1/2;   new crop at Memphis   328 to 332; Bids to farmers at River Elevators  349 to 362 Chicago Futures: Jul down  1 1/4  at  356 1/2    Sep unchanged    at  367    Dec '07 up  1  at  375    Dec '08 up  3 1/4  at  400 3/4    Today's Arkansas LDP rate for corn is: 0¢ Grain Comment Wheat futures were sharply higher as STATS Canada says their wheat acreage is down 10.5% from a year ago. Production problems in Europe are also supportive. July, however, failed at the contract high of $6.18 ½, charting a possible double top. Corn traded in a narrow range and ended mixed. Ideas that recent weakness was overdone were supportive. Don’t expect much movement either way until the new acreage report is released on Friday. Cotton & Rice  Date: June 26, 2007 Cotton Spot Price, Grade 41 Staple 34: Memphis up 66 at  5466   Greenwood up  66 at 5466 New York Futures: Jul up  55  at  5600    Oct up  66  at  5966    Dec up  66  at  6145    Mar up  65  at  6395    Dec '08 up  65  at  6835  This week's LDP rate for cotton is  3.03 cents   The estimate for next week is  .73 cents Cotton Comment December cotton futures continued to move back toward last week’s high of 62.1 cents. The ability to hold above previous resistance at 60.7 cents is a positive, which suggests the possibility of further gains, perhaps to the contract high of 63.8 cents. The sharp upward move of just over 10 cents has all but removed LDP possibilities, with the adjusted world price approaching the 52 cents loan. Fundamentals supporting the upturn include big potential export sales to China, a smaller planted acreage in ’07 and sharply reduced U.S. production. Drought conditions in parts of the South have contributed to that. Rice Long Grain Cash Bid for  Aug/Sep 1047/cwt  to  - - -   - - - - - -  to  - - - Chicago Futures: Jul down  3  at  1057    Sep unchanged    at  1094    Nov down  2  at  1122    Jan unchanged    at  1149    n/a   - - -  at  - - -  Today's Arkansas LDP rate for long grain rice is  0¢ medium grain rice is  0¢ Rice Comment November rice plunged early in the session before managing a late recovery. Today’s sharp plunge removed any thought that the recent consolidation might be for a bull flag. It remained within the broader confines of the trading range, $10.65 to $11.58 that has contained the market for most of the calendar year. Fundamentals remain unchanged with U.S. and world stocks tightening. This week’s report should provide a better understanding of this year’s production possibilities. Overall acreage is down and Friday’s report should establish how much. Cattle & Hogs  Date: June 26, 2007 Cattle As reported by Federal-State Market News, receipts were 1,238 head at sales in Fort Smith & Marshall.  Compared with last week, feeder steers sold steady to $2 higher. Heifers weak to $2 lower . Steers:  Medium & Large Frame 1   400 to 450 lbs. 118 to 128   500 to 550 lbs. 111 to 121   600 to 650 lbs. 101 to 110  Medium & Large Frame 2   400 to 450 lbs. 106 to 116 Heifers:  Medium & Large Frame 1   400 to 450 lbs. 101 to 111  Medium & Large Frame 2   400 to 450 lbs. 100 to 103 Slaughter Cows, Boners 45.50   to   50 Light Weight 30 to 35 Bulls, Yield Grade   1   1000   to   2100 lbs.   60   to   64.50, high dressing 65-70.50 Midwest Steers   were $1-$3 higher   at   83   to   84 Panhandle Steers   were $1-$3.50   at   84   to   - - - Oklahoma City Feeders Steers n/a to - - - lbs. - - - to - - -   n/a to - - - lbs. - - - to - - - Heifers n/a to - - - lbs. - - - to - - -   n/a to - - - lbs. - - - to - - - Chicago Futures: Live Cattle: Aug down 62 at 8862   Dec down 50 at 9430 Feeders: Aug down 90 at 10765   Oct down 65 at 10840 Cattle Comment Cattle futures ended lower across the board. Weaker cash values and futures’ premium to cash prices pushed live futures lower. Hogs Peoria: were     steady   at   48   to   49.5 Chicago Futures: Aug down 125 at 7132   Oct down 82 at 6492 Sheep St. Paul sheep shorn slaughter lambs   at   n/a   to   - - - Hogs Comment Hog futures were sharply lower on weakness in cash hogs. August could retest support near $70. Poultry  Date: June 26, 2007 Eggs New York:  Ex. Lg. 98-102; Lg. 96-100; Med. 68-72; Chicago:  Ex. Lg. 82-90; Lg. 80-88; Med. 55-63; Eastern Region Turkeys Hens: 8-16 lbs. 84-85 Toms: 16-24 lbs. 84-85   Delmarva Broilers U.S. Grade A Trade sentiment was mostly steady. Supplies of all sizes were usually sufficient to satisfy trade needs. In production areas, live suppiles were moderate at mixed weights. The Composite Weighted Average price for 06/25/07 was $80.60 compared to $79.91 a week earlier, and $64.27 a year ago. ---------------------------------------- HOW TO UNSUBSCRIBE You are receiving this newsletter because you requested that your e-mail address be added to the Arkansas Farm Bureau Market Report. To unsubscribe or change your subscription information, go to http://www.arfb.com/commodity/daily_rpt_email.asp ---------------------------------------- QUESTIONS OR COMMENTS? If you have any comments or questions about this e-newsletter please e-mail us at mktrpt@arfb.com Arkansas Farm Bureau 10720 Kanis Road Little Rock, AR 72211 501-224-4400 Copyright 2007 Arkansas Farm Bureau, Inc. All rights reserved