07/31/2007 Farm Bureau Market Report

Click here to view this report online.

Grain & Soybean Date: July 31, 2007 Soybeans Local Elevators: (Jul) EAST AR:  746 to 774 (NC) Summ. 775 to 794 River Elevators: (Jul) MISS: 774 to 781 ; AR & White 760 to 781 (NC) Summ. 774 to 800 Ark. Processor Bids: (Jul) 775 to 778  (NC) 793 to 794 Memphis:  (Jul) 793 1/2 to - - - (NC)  799 1/2 to - - - Riceland Foods:  (NC) Stuttgart 775 ; Pendleton 774 ; West Memphis 774 Chicago Futures: Sep up 10 1/4 at  841 1/4   Nov  up  9 3/4  at  857 1/2   Jan up 9 1/2  at  872 1/2   Mar up 9 1/2  at  883 1/2   Nov '08 up 3 1/2  at  894 1/2   Today's Arkansas LDP rate for soybeans is: 0¢ Soybean Comment Soybeans traded to the positive side throughout today’s session. A 3% decline in the good to excellent category in yesterday’s crop progress report set the stage, which was bolstered by a continuous dry, hot outlook for portions of the Midwest. This year’s smaller soybean acreage needs to see good weather over the next 3 weeks during the pod filling stage. Any bobble in yields would result in a very tight supply situation. November needs to close above $8.63 to keep the market in an upmode. Support is still located at $8.34. Wheat Cash bid for July at Memphis  583 to 585; Bids to farmers at Local Elevators 559-568; River Elevators 555-584; Chicago Futures: Sep down  7 1/2  at  630    Dec down 7 3/4  at  649    Mar down  3  at  648    Jul '08 down  5  at  559 1/2    Jul '09 down  2  at  550    Today's Arkansas LDP rate for wheat is: 0¢ Grain Sorghum Cash bid for new crop at Memphis  617 to 618; Bids to farmers at River Elevators 552-623; Today's Arkansas LDP rate for sorghum is: 0¢ Corn Cash bid for July at Memphis   295 3/4 to 300 3/4;   new crop at Memphis   285 3/4 to - - -; Bids to farmers at River Elevators  268 to 279 Chicago Futures: Sep up  2 1/4  at  325 3/4    Dec up  2 1/4  at  342 1/4    Mar up  2 1/4  at  357 1/2    Dec '08 up  2 3/4  at  393    Today's Arkansas LDP rate for corn is: 0¢ Grain Comment Wheat futures were solidly lower today on profit taking after September moved to a new high last week. Export demand is strong despite the high prices, signaling just how short world supplies really are. However, profit taking and technical selling are likely to hit this market at any time. September has an initial downside objective at $6.22 ½, the bottom of the recent chart gap. Cotton & Rice  Date: July 31, 2007 Cotton Spot Price, Grade 41 Staple 34: Memphis  n/a at  - - -   Greenwood   n/a at - - - New York Futures: Oct up  51  at  6300    Dec up  35  at  6490    Mar up  46  at  6810    May up  65  at  6910    Dec '08 up  60  at  7225  This week's LDP rate for cotton is  0 cents   The estimate for next week is  0 cents Cotton Comment Cotton reversed to close a little higher, after trading lower most of the session. Yesterday’s crop progress showed a couple of percentage points decline in the good to excellent categories. Next week’s supply demand report may indicate a slightly larger production number, than has been in the earlier reports. Anything over 18 million bales will be negative. Good export sales are anticipated but better crops in other regions could again make the U.S. a residual supplier. Longer term, the market upside will be limited, until we start thinking in terms of ’08 plantings. Another year at 11 million acres would suggest a very tight supply situation. However, it will probably take ’08 December in the upper 70’s to 80 or better to move acreage back to cotton. Rice Long Grain Cash Bid for  Aug/Sep/Oct/Nov 1001/cwt  to  - - -   - - - - - -  to  - - - Chicago Futures: Sep up  15 1/2  at  1042 1/2    Nov up  14 1/2  at  1076 1/2    Jan up  14  at  1110    Mar up  13  at  1135    - - -   - - -  at  - - -  Today's Arkansas LDP rate for long grain rice is  0¢ medium grain rice is  0¢ Rice Comment November rice futures held above support the last several days and then used that as a base to make strong gains today. However, the overall fundamental situation remains unchanged. Crop conditions remain good and that suggests good yields on this year’s smaller long grain plantings. Milled export movement is very slow as freight and price are generally keeping U.S. rice out of the mix. On the other hand Asian stocks are tightening and won’t improve until this year’s harvest. Vietnam has again exceeded their export quota, while Thailand is making sales out of old government intervention stocks. Overall world stocks are tightening as utilization is again greater than production. Technically, November has resistance at last week’s high of $10.89 with support at the recent $10.50 low. $11.00 would represent a 50% retracement of the June-July decline. Cattle & Hogs  Date: July 31, 2007 Cattle As reported by Federal-State Market News, receipts were 1,420 head at sales in Fort Smith & Marshall.  Compared with last week, feeder steers sold steady to firm, instances 3-5 higher . Steers:  Medium & Large Frame 1   400 to 450 lbs. 124 to 134   500 to 550 lbs. 113 to 123   600 to 650 lbs. 106 to 116  Medium & Large Frame 2   400 to 450 lbs. 112 to 122 Heifers:  Medium & Large Frame 1   400 to 450 lbs. 109 to 119  Medium & Large Frame 2   400 to 450 lbs. 99 to 106 Slaughter Cows, Boners 46   to   51 Light Weight n/a to - - - Bulls, Yield Grade   1   1000   to   2100 lbs.   61   to   64.25, high dressing 68-72.50 Midwest Steers   were steady to 2.50 lower   at   88   to   89 Panhandle Steers   were steady to 2.50 lower   at   88   to   89 Oklahoma City Feeders Steers 500 to 550 lbs. 126 to 133   600 to 650 lbs. 120.75 to 127.50 Heifers 500 to 550 lbs. 118 to 125   600 to 650 lbs. 106.50 to 111 Chicago Futures: Live Cattle: Oct up 97 at 9995   Dec up 90 at 10097 Feeders: Oct up 67 at 11887   Jan up 20 at 11490 Cattle Comment Live cattle ended higher, and the move above $94 suggests that a move toward the contract high just above $96 is possible. Gains were limited by futures’ premium to cash and questions about beef demand. Hogs Peoria: were     steady   at   46   to   46.5 Chicago Futures: Oct up 140 at 7520   Dec up 175 at 7290 Sheep St. Paul sheep shorn slaughter lambs   at   n/a   to   - - - Hogs Comment Hog futures set new highs in many contracts, but gains in nearby August were limited by futures’ premium to cash. Persistent rumors of Chinese buying overrode negative factors including ample hog numbers and negative packer margins. Today’s move could open the upside to $79-80 for October. Poultry  Date: July 31, 2007 Eggs New York:  Ex. Lg. n/a; Lg. n/a; Med. n/a; Chicago:  Ex. Lg. n/a; Lg. n/a; Med. n/a; Eastern Region Turkeys Hens: 8-16 lbs. n/a Toms: 16-24 lbs. n/a   Delmarva Broilers U.S. Grade A Trade sentiment was mixed, but overall no better than steady to instances weak. Supplies of all sizes were more than sufficient to available for trade needs. In production areas, live supplies were moderate at weights in a full range. The Composite Weighted Average price for 07/30/07 was 78.62 compared to 80.51 a week earlier, and 67.40 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

07/30/2007 Farm Bureau Market Report

Click here to view this report online.

Grain & Soybean Date: July 30, 2007 Soybeans Local Elevators: (Jul) EAST AR:  725 to 756 (NC) Summ. 756 to 778 River Elevators: (Jul) MISS: 741 to 764 ; AR & White 737 to 764 (NC) Summ. 765 to 787 Ark. Processor Bids: (Jul) 753 to - - -  (NC) 773 to 778 Memphis:  (Jul) 783 3/4 to 784 3/4 (NC)  787 3/4 to 789 3/4 Riceland Foods:  (NC) Stuttgart 778 ; Pendleton 778 ; West Memphis 787 Chicago Futures: Aug up 7 1/4 at  822 3/4   Nov  up  7 1/4  at  847 3/4   Jan up 6 1/2  at  862 3/4   Mar up 6 3/4  at  873 3/4   Nov '08 up 5  at  891   Today's Arkansas LDP rate for soybeans is: 0¢ Soybean Comment Prospects of higher temperatures and minimal rain in the Midwest boosted soybeans today. However, trading remained in the fairly narrow consolidation area that has contained the market for the last six days. Today’s move left November at the top end of that range, but a close above $8.55 is needed to open the market to further gains. While a close below $8.34 would signal a move toward the $7.76 bear flag objective. Wheat Cash bid for July at Memphis  494 1/2 to 504 1/2; Bids to farmers at Local Elevators 567-576; River Elevators 563-592; Chicago Futures: Sep down  15 3/4  at  637 1/2    Dec down 12 1/4  at  656 3/4    Mar down  11 3/4  at  651    Jul '08 down  18 1/4  at  564 1/2    Jul '09 down  14  at  563    Today's Arkansas LDP rate for wheat is: 0¢ Grain Sorghum Cash bid for new crop at Memphis  613 to 620; Bids to farmers at River Elevators 536-607; Today's Arkansas LDP rate for sorghum is: 0¢ Corn Cash bid for July at Memphis   298 1/2 to 317 1/2;   new crop at Memphis   283 1/2 to 296 1/2; Bids to farmers at River Elevators  263 to 276 Chicago Futures: Sep up  2 1/2  at  323 1/2    Dec up  3 1/2  at  340    Mar up  3 1/2  at  355 1/4    Dec '08 up  3 3/4  at  390 1/4    Today's Arkansas LDP rate for corn is: 0¢ Grain Comment Wheat futures were solidly lower today on profit taking after September moved to a new high last week. Export demand is strong despite the high prices, signaling just how short world supplies really are. Last week’s high of $6.64 is the first level of resistance, after that the ’96 high of $7.17 is the next objective. Cotton & Rice  Date: July 30, 2007 Cotton Spot Price, Grade 41 Staple 34: Memphis up 269 at  5949   Greenwood up  269 at 5949 New York Futures: Oct up  94  at  6249    Dec up  105  at  6455    Mar up  99  at  6764    May up  75  at  6845    Dec '08 up  97  at  7165  This week's LDP rate for cotton is  0 cents   The estimate for next week is  0 cents Cotton Comment Cotton started the week on a positive note with December adding almost a 100 points and closing just below the old uptrend that was broken two weeks ago. The market may be rather subdued in the days ahead, as traders look ahead to the August 10 supply demand report. Good crop conditions are likely to boost projected production. Anything over 18 million bales will be negative. While the market anticipates big export sales, a total supply of 28 million bales would limit upside potential for the ’07 crop. Currently December has good support in the 61 to 62 cents range. Rice Long Grain Cash Bid for  Aug/Sep/Oct/Nov 987/cwt  to  - - -   - - - - - -  to  - - - Chicago Futures: Sep down  6  at  1027    Nov down  5  at  1062    Jan down  4  at  1096    Mar down  7  at  1122    n/a down  - - -  at  - - -  Today's Arkansas LDP rate for long grain rice is  0¢ medium grain rice is  0¢ Rice Comment Rice started the week on a negative note with futures a little lower. However, the ability to hold above $10.50 is positive as the market did close above down trend resistance. Good crop prospects in the U.S. will likely offset this year’s smaller long grain plantings. For now, milled rice export demand remains slow as the U.S. price plus freight is well above the Asian origin price levels. As world stocks get tighter, that differential will get less important. Vietnam has exceeded their stated export objective and no new sales are being completed. Thailand continues to make sales out of intervention stocks as overall availability tightens. Additional supplies won’t be available until harvest late this year. Technically, last week’s November contract high of $10.89 is resistance. Cattle & Hogs  Date: July 30, 2007 Cattle As reported by Federal-State Market News, receipts were 2,151 head at sales in Ash Flat & Springdale.  Compared with last week, feeder steers sold steady to firm, instances 3-5 higher . Steers:  Medium & Large Frame 1   400 to 450 lbs. 125 to 135   500 to 550 lbs. 112 to 122   600 to 700 lbs. 106 to 116  Medium & Large Frame 2   400 to 450 lbs. 119 to 129 Heifers:  Medium & Large Frame 1   400 to 450 lbs. 111 to 121  Medium & Large Frame 2   400 to 450 lbs. 105 to 115 Slaughter Cows, Boners 46   to   52 Light Weight 42 to 50; lightweight lean cows 38-43 Bulls, Yield Grade   1   1000   to   2100 lbs.   58   to   65, high dressing 65-68 Midwest Steers   were $3 lower to steady   at   88   to   91.50 Panhandle Steers   were $2 lower to steady   at   89   to   91.50 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 65 at 9427   Dec up 25 at 10007 Feeders: Aug down 15 at 11697   Oct up 10 at 11820 Cattle Comment Live cattle ended higher, and today’s close above $94 suggests that a move toward the contract high just above $96 is possible. Gains were limited by futures’ premium to cash and questions about beef demand. Hogs Peoria: were $.5     lower   at   46   to   46.5 Chicago Futures: Aug up 45 at 7322   Oct up 125 at 7380 Sheep St. Paul sheep shorn slaughter lambs   at   - - -   to   - - - Hogs Comment Hog futures were higher across the board, but gains in nearby August were limited by futures’ premium to cash. Persistent rumors of Chinese buying overrode negative factors including ample hog numbers and negative packer margins. Poultry  Date: July 30, 2007 Eggs New York:  Ex. Lg. n/a; Lg. n/a; Med. n/a; Chicago:  Ex. Lg. n/a; Lg. n/a; Med. n/a; Eastern Region Turkeys Hens: 8-16 lbs. n/a Toms: 16-24 lbs. n/a   Delmarva Broilers U.S. Grade A Majority prices were lower in the Midwest and the East, but unchanged in the West when compared to previous week. Trade sentiment was mixed, but overall steady at best. Supplies of all sizes were at least adequate to available for trade needs. In production areas, live supplies were moderate at mixed, but mostly desirable weights. ---------------------------------------- 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

Push for Real Subsidy Reform in the Senate Farm Bill: Support the Durbin-Brown Bill

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Moving Forward with Reform in the Senate  Dear Agriculture, Tell your Senators to support farm subsidy reform by signing on to S. 1872. This bill provides better protection at no addtional cost to taxpayers and is less trade distorting.   Last week the House passed the 2007 Farm Bill with a vote of 231-191. Thanks to the actions taken by you and thousands in the AFT Action Network, the House bill provides a strong base to build upon as farm bill work begins in the Senate. Overall, the House bill increases conservation spending by about 35 percent, significantly increases funding for school fruit and vegetable programs and expands support for local food systems. We can multiply the progress made in the House by pushing for stronger reform in the Senate.  Thousands on AFT's Action Network sent messages demanding an end to farm subsidy distortion. While the House bill should have gone farther to reform subsidy programs, Senators Durbin (D-IL) and Brown (D-OH) have answered your calls and set the stage for transformation with the Farm Safety Net Improvement Act of 2007 (S. 1872). Current subsidy programs encourage overproduction on marginal lands, harming our environment and distorting the marketplace with an over-abundance of artificially cheap commodities. The Farm Safety Net Improvement Act is real subsidy reform. Payments are based on market indicators rather than on politically set targets, making the program less market and trade distorting. Efficiencies are gained by integrating crop insurance and by eliminating excessive, duplicative payments to producers in years when they are not needed. It will provide better protection to all farmers when it’s needed most—when they face a drop in revenue due to disasters like floods or droughts. All at no additional cost to taxpayers. Tell your Senators to Support and Sign on to S. 1872 Today! Thank you for your continued support. You are making an impact on the farm bill debate! Sincerely, Ralph Grossi President American Farmland Trust

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FWD: Morning Manna (July 30); BP: Ps. 137; RBTTY: Rom. 2; Ps. 51-53

 
Samuel D. High
sdhigh@aristotle.net

 

---

-----Original Message-----
From: "Apostle Tom" <pressingon@hotmail.com>
Sent: Sun, 29 Jul 2007 16:35:01 -0500
To: pressingon@hotmail.com
Subject: Morning Manna (July 30); BP: Ps. 137; RBTTY: Rom. 2; Ps. 51-53
 
 
July 30 “On Singing In A Strange Land”  
“How shall we sing the Lord’s song in a strange land?”  
Psalm 137:4  
When Heaven’s in our heart, we’ll soon find its music in our mouth.  
“Where ‘ya headed, Pilgrim?”  
Years ago that was one of John Wayne’s favorite questions when meeting  
a stranger along the trail. Sometimes the passerby would give a specific  
destination; other times he’d smile and say something like “Don’t know”. .  
.“No place in particular”. . . or “Wherever the trail leads me.”  
 
If this favorite of cowboys was around today and asked folks that, he’d  
probably still get similar answers. Everyone’s headed “somewhere;” the  
question is “Do they know where they’re headed?” and “Will they know it when  
they get there?”  
 
It’s apparent that today’s psalm, written by an unnamed author, was  
composed during the nation of Judah’s Babylonian captivity. The ancient  
city of Babylon, which is located some 50 miles south of modern-day Baghdad  
in Iraq, was located between the Tigris and Euphrates Rivers. The leading  
citizens of Judah were carried into captivity in 587 B.C. after Jerusalem  
was destroyed by the invaders’ army. And, throughout the Old Testament,  
this city—which was erected by Nimrod after the Flood (Gen. 11:4)—was known  
as the epitome of paganism and idolatry (Jer. 51:44; Dan. 4:30).  
 
Thus, we can empathize with the writer and his compatriots as they “sat  
down by the rivers in Babylon and wept while remembering their home in Zion”  
(v.1). Likewise, we can almost hear the mournful, dissonant sounds that  
sprang from the harps’ strings as they hanged in the weeping willows (v.2).  
No doubt those unharmonious chords reflected the discord and discontent in  
their own lives as they lived under such oppressive conditions “in a strange  
land.”  
 
And, if that wasn’t bad enough, their captors “demanded for them to  
sing a song and to behave merrily” (v.3a). Again, even now, we can hear the  
crack of their whips and the caustic tone in their voices as they cried,  
“Sing! Sing us one of the songs of Zion!” (v.3b).  
 
No wonder they asked, “How shall we sing the Lord’s song in a strange  
land?”  
Oh, dear Pilgrim, are there times when you feel the same way they  
did—i.e., so weary from the burdens of the day or heavy-heartedness that  
singing is the last thing on your mind? Even now, has praising given way to  
pining and you find it hard to even smile, much less sing?  
 
If so, it’s important for us to remember who we are in this world:  
“Strangers and Pilgrims” (Heb. 11:13). And, we must remember that we must  
not wait until we “feel like it” to sing songs of thanksgiving and praise to  
our Lord. It may be “This World Is Not My Home” or “Heaven Came Down” or  
some other song; however, with the Holy Spirit’s help we can break forth in  
song, even as Paul and Silas did in jail that night at midnight (Acts  
16:25). Why not break forth into one even now?  
 
_________________________________________________________________  
http://im.live.com/messenger/im/home/?source=hmtextlinkjuly07  
 
 
 

Vacation Was Great - Back to Work!

Ok- Vacation was a great time but it is back to
the real world. Tomorrow is back to work and
soon back to blogging.

FWD: Morning Manna (July 29); BP: Is. 35; RBTTY: Romans 1; Ps. 49-50

 
Samuel D. High
sdhigh@aristotle.net

 

---

-----Original Message-----
From: "Apostle Tom" <pressingon@hotmail.com>
Sent: Sat, 28 Jul 2007 16:40:49 -0500
To: pressingon@hotmail.com
Subject: Morning Manna (July 29); BP: Is. 35; RBTTY: Romans 1; Ps. 49-50
 
 
DEAR FELLOW PILGRIM:  
Thank you so very much to the many of you who e-mailed and rejoiced with  
us over the safe arrival of Jaelle, who weighed in at six pounds and  
measured 21" on Thursday night. She was named after the Kenite woman, Jael,  
in Judges 4:17-22, who drove a tent peg through the head of Sisera, the evil  
Canaanite king, while he slept. Later on Deborah honored her by saying,  
"Blessed above all women is Jael" (Judg. 5:24). Let's just pray our Jaelle  
Marie will also grow up to be a mighty servant of our Lord without giving  
her parents (or anyone else) too many headaches along the way! :)) Take  
care. God bless you. Thanks again for your prayers and e-mails.  
In Jesus' Precious Love,  
Bro. Tom  
 
July 29 “When Sighs Give Way to Singing”  
 
“And the ransomed of the Lord shall return and come to Zion with songs and  
everlasting joy upon their heads. They shall obtain joy and gladness and  
sorrow and sighing shall flee away.”  
Isaiah 35:10  
What an indescribably wonderful Day that will be.  
Imagine, if you can, what it will be like that day when the Lord calls  
your name and it’s time to go Home. It may be early in the morning, while  
all the world’s sleeping; or, it may be at midday in the midst of a busy  
schedule.  
 
But, Heaven’s Train whistle has blown and it’s time to get aboard. The  
Master has paid for your trip in advance and hands you your ticket as His  
Conductor, the Holy Spirit, cries “All aboard!!”  
 
Suddenly, you’re whisked from this world with all its pain, suffering  
and sorrow to that fair Land. As the doors open and you step out, you  
suddenly are face-to-Face with the Lord Jesus Himself. No one has to tell  
you it’s Him—for one look into His loving eyes assures you that it is. And,  
a quick glance at the scars in His hands testifies to that fact.  
 
Without even thinking, you fall down before Him, your hands clasped in  
adoration as rivers of hot tears flow unashamedly down your cheeks.  
Tenderly, He takes you by the hand. . .lifts you up. . .holds you close. .  
.and quietly whispers, “Welcome Home, my child. I have a place prepared  
just for you.”  
 
As you enter the Celestial City, you’re amazed by what you see. It’s  
more beautiful than anything you could ever have imagined. The skies are a  
brilliant blue. The grass is a luxurious, dark green and the multiple  
varieties of flowers are dazzling in their multi-colored hue—and their  
fragrance. . .why, simply “Heavenly!”  
 
Nearby you notice a throng of folks clad in gleaming white robes  
drawing near to you. Jesus says, “Here are some folks who’ve been waiting  
to see you.” And, there they are: Your daddy, who died while you were  
still young. . .your mother, who knew how to heal a scraped knee with a  
single kiss. . .your grandpa and grandma, who always sneaked you cookies  
when no one was looking. . .your husband/wife, whose leaving left a gaping  
hole in your heart. . .your best friend, who seemingly died all-too-young. .  
.your favorite pet, who always greeted you with a slobbery kiss and wagging  
tail when you came home.  
 
No one needs to tell you it’s Heaven. Glory!! What’s amazing is the  
fact that no one’s walking with a limp. Everyone looks so vibrant and  
alive—not a sad face in the House. Some are singing. Some are  
chitchatting. Exuberant joy is everywhere.  
 
Oh, dear Pilgrim, won’t Heaven be a wonderful place? Is this not what  
Isaiah foresaw when he penned today’s Manna under God’s inspiration?  
Assuredly it is. How wonderful it’ll be when “sorrow and sighing fly away,”  
never to return again. Are you ready to go there, Pilgrim? It’s not much  
longer now.  
 
_________________________________________________________________  
Need a brain boost? Recharge with a stimulating game. Play now!   
http://club.live.com/home.aspx?icid=club_hotmailtextlink1  
 
 
 

FWD: Morning Manna (July 28); BP: Col. 3:12-17; RBTTY: Acts 28; Ps. 46-48

 
Samuel D. High
sdhigh@aristotle.net

 

---

-----Original Message-----
From: "Apostle Tom" <pressingon@hotmail.com>
Sent: Fri, 27 Jul 2007 20:52:50 -0500
To: pressingon@hotmail.com
Subject: Morning Manna (July 28); BP: Col. 3:12-17; RBTTY: Acts 28; Ps. 46-48
 
 
July 28 “On Psalms, Hymns and Spiritual Songs”  
 
“Let the Word of Christ dwell in you richly in all wisdom—teaching and  
admonishing one another in psalms and hymns and spiritual songs, singing  
with grace in your hearts to the Lord.”  
Colossians 3:16  
Ours is a “repertoire of righteousness” when we’re in tune with the  
Lord.  
Someone once said, “Music is the universal language and love is the  
theme.” This is certainly a proven truism, for all you have to do is visit  
another country and hear one of your favorite songs being sung in another  
language to realize its validity.  
 
Now, it’s possible for that “favorite” song of yours to take on a  
little different beat and sound when encountered in a different culture.  
And, even if you don’t recognize the translated lyrics, you’ll still most  
likely recognize the melody.  
 
The Apostle Paul exhorted the brethren in the church and Colosse—which  
was around 100 miles east of Ephesus in what is now modern-day Turkey—to  
“teach and admonish (Grk. ‘noutheteo’—‘to put in mind, to caution or gently  
reprove, to warn, rebuke, etc.’) one another in psalms, hymns and spiritual  
songs.”  
 
Now, at first glance, we wonder why he simply didn’t use the singular,  
generic “songs” instead of “psalms, hymns and spiritual songs.” Most  
likely, it’s because each one of these types of music plays an important  
role in our pilgrimage of faith.  
 
We know “psalms” are basically poems set to music. Even though they  
don’t rhyme like poems with which we’re familiar, they still are “songs of  
the soul” that tell of the ups-and-downs. . .joys and sorrows. . .victories  
and defeats, etc., of the psalmist.  
 
“Hymns” are more abstract and stately in nature. They basically sing  
“about” God or Jesus and are filled with great theological truths that both  
educate and edify. And, “spiritual songs” are those heartfelt, musical  
expressions that spring spontaneously from the lips and are usually love  
songs “to” our Lord.  
 
Regardless of the type, all of them combine to “teach and admonish” us  
in the way of righteousness. Long after we’ve forgotten algebraic  
equations. . .historical dates and events. . .hordes of technical data,  
etc., we still have a way of remembering those precious songs we learned as  
a child—and how they give light to a troubled soul when all else fails us.  
Glory!!  
 
It’s not coincidental that Paul said “Let the Word of Christ dwell in  
you richly in all wisdom” in relation to our “singing with grace in our  
hearts to the Lord.” He knew—and so should we—that the greatest songs of  
praise are those that spring from the vast riches of God’s Word. Setting  
these eternal truths to music helps us remember them. We should also note  
that these edifying songs are to be sung “one to another.” Simply put,  
they’re not for our own personal enjoyment; instead, they’re to aid us in  
building up the Body of Christ and instruct us in how to live/sing with  
hearts full of grace to Him.  
 
_________________________________________________________________  
http://imagine-windowslive.com/hotmail/?locale=en-us&ocid=TXT_TAGHM_migration_HM_mini_2G_0507  
 
 
 

07/27/2007 Farm Bureau Market Report

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Grain & Soybean Date: July 27, 2007 Soybeans Local Elevators: (Jul) EAST AR:  718 to 749 (NC) Summ. 749 to 771 River Elevators: (Jul) MISS: 734 to 756 ; AR & White 718 to 749 (NC) Summ. 751 to 780 Ark. Processor Bids: (Jul) 746 to - - -  (NC) 766 to 771 Memphis:  (Jul) 764 1/2 to 772 1/2 (NC)  777 1/2 to 780 1/2 Riceland Foods:  (NC) Stuttgart 771 ; Pendleton 771 ; West Memphis 780 Chicago Futures: Aug down 6 at  815 1/2   Nov  down  6  at  840 1/2   Jan down 5 1/4  at  856 1/4   Mar down 8 1/2  at  867   Nov '08 down 5 1/2  at  886   Today's Arkansas LDP rate for soybeans is: 0¢ Soybean Comment Soybeans remained in a consolidating phase as November held above recent support at $8.34. While most of the soybean crop has outstanding yield potential we are still a few weeks away from confirming that. So, weather remains a factor. Technically, November has a downside objective of $7.76. Wheat Cash bid for July at Memphis  605 1/4 to - - -; Bids to farmers at Local Elevators 582-591; River Elevators 576-607; Chicago Futures: Sep up  2 1/4  at  653 1/4    Dec unchanged   at  669    Mar down  1/4  at  662 3/4    Jul '08 down  3/4  at  582 3/4    Jul '09 down  3  at  566    Today's Arkansas LDP rate for wheat is: 0¢ Grain Sorghum Cash bid for new crop at Memphis  596 to 613; Bids to farmers at River Elevators 529-600; Today's Arkansas LDP rate for sorghum is: 0¢ Corn Cash bid for July at Memphis   296 to 318;   new crop at Memphis   281 to 294; Bids to farmers at River Elevators  263 to 274 Chicago Futures: Sep up  3 1/2  at  321    Dec up  3 1/2  at  336 1/2    Mar up  3 1/4  at  351 3/4    Dec '08 up  2 3/4  at  386 1/2    Today's Arkansas LDP rate for corn is: 0¢0 Grain Comment Wheat traded in a narrow range after wild moves yesterday. Further tightening of world stocks are adding to the technical potential with September having made a new contract high yesterday. That makes the ’96 high of $7.17 the next objective. Cotton & Rice  Date: July 27, 2007 Cotton Spot Price, Grade 41 Staple 34: Memphis up 80 at  5680   Greenwood up  80 at 5680 New York Futures: Oct up  80  at  6155    Dec up  71  at  6350    Mar up  72  at  6665    May up  80  at  6770    Dec '08 up  58  at  7068  This week's LDP rate for cotton is  0 cents   The estimate for next week is  0 cents Cotton Comment Cotton recouped most of yesterday’s losses, but will have to close above 64.5 cents to get December back in an upmode. Overall fundamentals are unchanged as big old crop stocks and a smaller ’07 crop will still be sufficient for expected demand. Good crop conditions in much of the cotton belt will help offset weather reduced yields in the parts of the southeast and midsouth production areas. Domestic demand continues to slide, while world demand is expected to grow with China leading the way. For now, ‘07 December will likely be pushed toward support around 59 to 61 cents. Rebounds will have a difficult time making it back to recent highs. Longer term the market will have to move higher to get more cotton planted in ’08. Rice Long Grain Cash Bid for  Aug/Sep/Oct/Nov 992/cwt  to  - - -   - - - - - -  to  - - - Chicago Futures: Sep down  7 1/2  at  1033    Nov down  7  at  1067    Jan down  5  at  1100    Mar down  5  at  1129    n/a down  - - -  at  - - -  Today's Arkansas LDP rate for long grain rice is  0¢ medium grain rice is  0¢ Rice Comment Rice ended the week on a lower note, however the ability to hold above $10.50 is positive as the market did close above down trend resistance. Good crop prospects in the U.S. will likely offset this year’s smaller long grain plantings. For now, milled rice export demand remains slow as the U.S. price plus freight is well above the Asian origin price levels. As world stocks get tighter, that differential will get less important. Vietnam has exceeded their stated export objective and no new sales are being completed. Thailand continues to make sales out of intervention stocks as overall availability tightens. Additional supplies won’t be available until harvest late this year. Technically, the November contract high today of $10.89 becomes resistance. Cattle & Hogs  Date: July 27, 2007 Cattle As reported by Federal-State Market News, receipts were 7,950 head at sales in Arkansas this week.  Compared with last week, feeder steers sold mostly firm to $3 higher . Steers:  Medium & Large Frame 1   400 to 450 lbs. 127 to 137   500 to 550 lbs. 115 to 125   600 to 700 lbs. 106 to 116  Medium & Large Frame 2   400 to 450 lbs. 113 to 123 Heifers:  Medium & Large Frame 1   400 to 450 lbs. 111 to 121  Medium & Large Frame 2   400 to 450 lbs. 108 to 118 Slaughter Cows, Boners 48   to   54 Light Weight 38 to 41 Bulls, Yield Grade   1   1000   to   2100 lbs.   61   to   68, high dressing 68.50-75.50 Midwest Steers   were $3-$3.50 higher   at   91   to   91.50 Panhandle Steers   were $3-$3.50 higher   at   91   to   91.50 Oklahoma City Feeders Steers 500 to 550 lbs. 112.50 to 139   600 to 650 lbs. 107.50 to 124.25 Heifers 500 to 550 lbs. 100 to 114.50   600 to 650 lbs. 96 to 113.50 Chicago Futures: Live Cattle: Aug up 160 at 9362   Dec up 80 at 9982 Feeders: Aug up 77 at 11712   Oct up 82 at 11810 Cattle Comment Improved product movement and stronger beef values contributed to big gains in cattle futures. Live cattle are back in position to retest recent resistance at $94. A close above this level would suggest a move toward the contract high just above $96. Hogs Peoria: were     steady   at   46.50   to   47 Chicago Futures: Aug down 37 at 7277   Oct up 150 at 7255 Sheep St. Paul sheep shorn slaughter lambs   at   n/a   to   - - - Hogs Comment With the exception of nearby August lean hogs, futures closed sharply higher. Persistent rumors of Chinese buying overrode negative factors including ample hog numbers and negative packer margins. Poultry  Date: July 27, 2007 Eggs New York:  Ex. Lg. 119-123; Lg. 117-121; Med. 92-96; Chicago:  Ex. Lg. 110-118; Lg. 108-116; Med. 84-92; Eastern Region Turkeys Hens: 8-16 lbs. 87-89 Toms: 16-24 lbs. 87-89   Delmarva Broilers U.S. Grade A Majority prices in the West were unchanged, but in the East and Central regions values were lower compared to a week earlier. Supplies were fully adequate for trade needs, but lighter sizes were in the best position. Trade sentiment was mixed at current levels, but no better than steady. In production areas, live supplies were moderate at mostly desirable weights. ---------------------------------------- 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

MAY GOD BE WITH

 HELLO MY DEAR CHRISTAIN IN THE LORD,

GREETINGS IN THE NAME OF OUR LORD JESUS CHRIST. I AM Sister Christina Cosmos, A  WIDOW TO LATE COSMOS EJINDU, & I AM 55 YEARS OLD WOMAN, I AM NOW A NEW CHRISTAIN CONVERT, SUFFERING FROM LONG TIME CANCER OF THE BREAST, FROM ALL INDICATION  MY CONDITIONS IS REALLY DETERIORATING AND IT IS QUITE OBVIOUS THAT I WON'T LIVE MORE THAN 2 MONTHS, ACCORDING TO MY DOCTORS, THIS IS BECAUSE THE CANCER STAGE HAS GOTTEN TO A VERY BAD STAGE. MY LATE HUSBAND KILLED DURING THE U.S. RAID AGAINST TERRORISM IN AFGHANISTAN, AND DURING THE PERIOD OF OUR MARRIAGE WE COULD'NT PRODUCE ANY CHILD. My LATE HUSBAND WAS VERY WEALTHY AND AFTER HIS DEATH, I INHERITED ALL  HIS BUSINESS AND EALTH.

 

THE DOCTORS HAS ADVISED ME THAT I MAY NOT LIVE  FOR MORE THAN 2 MONTHS, SO I NOW DECIDED TO DEVIDE THE PART OF THIS WEALTH, TO CONTRIBUTE TO THE DEVELOPMENT OF THE CHURCH IN AFRICA, AMERICA  ASIA, AND EUROPE. I SELECTED YOU AFTER VISITING THE WEBSITE AND I PRAYED OVER IT.I AM WILLING TO DONATE T HE SUM OF $10,000.000.00U.USD (TEN MILLION UNITED STATES DOLLARS) TO THE LESS PRIVILEGED. PLEASE I WANT YOU TO NOTE THAT FUND WAS DEPOSITED IN A SECURITY COMPANY VAULT, AND UPON MY INSTRUCTION, OUR FAMILY LAWYER  WILL FILE  YOUR NAME IN APPLICATION TO THE SECURITY COMPANY, SO THAT THE FUND WILL BE TRANSFER BY YOUR NAME AS THE NEW BENEFICIARY.

LASTLY, I HONESTLY PRAY THAT THIS MONEY WHEN TRANSFERRED WILL BE SURE
FOR THE SAID PURPOSE, BECAUSE I HAVE COME TO FIND OUT THAT WEALTH
ACQUISITION WITHOUT CHRIST IS VANITY.

MAY THE GRACE OF OUR LORD JESUS THE LOVE OF GOD AND THE SWEET
FELLOWSHIP OF GOD BE WITH YOU AND YOUR FAMILY.

 

N/B

FORWARD.

 

(1).YOUR FULL NAME.

(2).ADDRESS

(3).PHOTO

(4).CHURCH.

I AWAIT URGENT REPLY.
YOURS IN CHRIST.
SISTER  Christina Cosmos.

---

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Bi-Weekly Market Briefings for 07/27/2007

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ARKANSAS FARM BUREAU ELECTRONIC NEWSLETTER Bi-Weekly Market Briefings for 07-27-2007 -------------------------------------------------------------------------- http://www.arfb.com The Soybean price decline has accelerated, with technical selling pushing sharply lower to start the week. The last two weeks’ slide has formed a bear flag, and trade has a $7.76 downside objective. That’s not far above the April low of $7.52. However, strong support is near the 62-percent “retracement” objective (62 percent of April–July gains) at $8.27. The market dipped to there in June, while the same area was resistance in early April. Weather remains a factor, with milder temperatures and rain pushing the crop toward maturity. The next 3 to 4 weeks are always critical, as much of the crop reaches the pod-filling stage. For now, yield potential appears excellent. However, Asian rust is creeping north, with the first discovery in Arkansas this past weekend in Little River County. Rust was previously found in Florida, Georgia, Alabama, Mississippi, Louisiana and Texas. Any rebound will find resistance at $8.93. The Corn yield is likely to exceed the 151 bushels-an-acre trend-line average. Areas of stress — early, dry or drought conditions — exist in the eastern Corn Belt and the Southeast and are developing in the northeastern part of the Corn Belt. However, the rest of the crop is in excellent condition. Many analysts suggest that good yields will more than offset potential losses in the poor areas. A lot of the average-yield projections are in the mid $150 range or higher, putting production at more than 13 billion bushels. Handling and transportation facilities will be taxed to move this crop in a timely manner. Basis will remain under pressure as harvest nears. September Futures’ next support is $2.72½, where the big move began early last fall. Rebound resistance is the $3.27 July 3 low. Wheat Futures, both old- and new-crop, are testing a key reversal-top and consolidating in a wide range just below late June’s key reversal. A key reversal generally indicates a major top, but this market’s been reluctant to move lower because of the tightest world supplies ever. Demand for U.S. wheat is good, but freight and barge availability are keeping the cash basis wide. Upside potential, though seemingly limited, can explode if we exceed the $6.50 September ’07 and $5.87 July ’08 contract highs. Producers, be aware that a poor basis and topping futures suggest use of hedge-to-arrive contracts, selling futures, or buying “put options” to price your crop. Cotton has broken the up trend. After nine straight weeks of higher prices, cotton hit a brick wall and tumbled. Four days of sharp slides carried December through trend-line support and to within 100 points of a 50-percent retracement of the better-than-17-cents gain. Pushed to the recent highs by fund buying, the market lost momentum when speculators took profits. This break may be buying opportunity for them. If not, it may be an extended correction, with 60.7–58.8-cent downside objectives in the December Contract. Long term, a smaller crop suggests the ’07 market should trade in the 60–65-cent range. The ’08 crop likely will be a different matter with stocks expected to tighten. The market probably will have to move into the upper 70s to attract acres from corn and beans. November Rice Futures had tested trend-line resistance as this is written, but failed both times. That left the market in position to retest support at $10.47. Failure there will bring back into play the $10.02 contract low.The ’07 U.S. crop seems on track for good yields, with recent weather a big factor. Thus, fewer long-grain acres will be partly offset in terms of production. However, world use is again expected to outstrip production, which sets the stage for stronger market potential later this year. Vietnam export sales have again exceeded their stated quota, leaving an opportunity for others, including the U.S. Cattle Futures got a boost from the recent Cattle-on-Feed and Inventory reports. Total on-feed inventory was 1 percent smaller than a year earlier. The Inventory Report showed a 6-percent drop in beef replacements and little-to-no expansion in other categories. However, packer margins are currently in the red, and another sharp dip in cutout values last week didn’t help. August Live Cattle have resistance just above $94. Hog Futures are showing strength in reaction to gains in product prices. There’s no shortage of hogs coming to market, but the possibility that China will buy U.S. pork aggressively has kept bids from falling. Fall production will probably be 2–3 percent higher than last year, but futures are holding their own. This market can break hard, though, since cash prices usually bottom out in the fourth quarter. August has resistance at the recent high just below $76 and support starting at just under $70. As for Poultry, the Georgia FOB dock-quoted price on broilers/fryers is 81¼ cents as this is being written, based on truckload lots of ice pack USDA Grade A-sized 2½–3-pound birds. Eighty percent (926) of the loads offered are confirmed within 78–83 cents, with an 81.04-cents preliminary weighted average, FOB dock or equivalent. The market continues steady, and the live supply is adequate for normal demand. Average weights are desirable. Current estimated slaughter is more than 4.6 million head, compared to 5 million-plus head a few days earlier. 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