Friday, August 31, 2007

FWD: Morning Manna (Sept. 1); BP: Jn. 6:1-14; RBTTY: I Cor. 12; Ps. 135-136

 
Samuel D. High
sdhigh@aristotle.net

 



-----Original Message-----
From: "Apostle Tom" <pressingon@hotmail.com>
Sent: Fri, 31 Aug 2007 16:41:32 -0500
To: pressingon@hotmail.com
Subject: Morning Manna (Sept. 1); BP: Jn. 6:1-14; RBTTY: I Cor. 12; Ps. 135-136
 
 
September 1 “Five Loaves and Two Fishes”  
 
“There is a lad here, who has five barley loaves and two small fishes—but,  
what are they among so many?”  
John 6:9  
We know the Lord God is a mighty God,  
All-knowing and all-powerful is He;  
He spoke everything into existence,  
From the moon to the mountains and the seas.  
 
Before there was time our God did exist—  
This One, with no beginning or end.  
And because of His great love for sinners like us  
To this earth His dear Son He did send.  
 
Unlimited in power was Jesus, the Savior of men,  
And there was nothing He could not do;  
However, one day He “borrowed” the lunch of a lad—  
Five loaves and of the fish, only two.  
 
Yet, to this One sent down in love  
The small lunch was no great problem—  
For He’s the God of the impossible,  
Who knows our problems and can solve them.  
 
So often in life we idolize the mighty,  
The wealthy, beautiful and such;  
But our Lord says such things soon fade away  
And over them we shouldn’t care too much.  
 
Instead, He’s chosen the simple things in life  
To do miraculous deeds;  
Why, He’s chosen to choose simple folks like us  
To help those around us in such great need.  
 
Our gifts may be few in comparison to others  
And our talents—oh so small  
Yet, still the Father can use them—  
Our “loaves” and “fishes” and all.  
 
That’s why we should always surrender  
Every part of our lives to His care. . .  
For He can take little and make of it much  
By reminding us He loves us and is always there.  
--Tom Smith  
 
_________________________________________________________________  
Gear up for Halo® 3 with free downloads and an exclusive offer.  
http://gethalo3gear.com?ocid=SeptemberWLHalo3_MSNHMTxt_1  
 
 
 

08/31/2007 Farm Bureau Market Report

Click here to view this report online.

Arkansas Farm Bureau
Arkansas Farm Bureau
Grain & Soybean Date: August 31, 2007

Due to the Labor Day Weekend, there will not be a Market Report for Monday, September 3. However, we will return on Tuesday, September 4.

Soybeans

Local Elevators:
(Aug) EAST AR:  766 to 788
(NC) Summ. 809 to 830
River Elevators:
(Aug) MISS: 787 to 794 ; AR & White 775 to 794
(NC) Summ. 813 to 836
Ark. Processor Bids: (Aug) 772 to 788  (NC) 830 to 831
Memphis:  (Aug) 787 1/2 to - - - (NC)  834 1/2 to 837 1/2
Riceland Foods:  (NC) Stuttgart 788 ; Pendleton 788 ; West Memphis 787

Chicago Futures: Sept down 2 1/2 at  868
  Nov  down  2 1/2  at  882 1/2
  Jan down 1 1/2  at  898
  March down 2 3/4  at  907 1/2
  Nov '08 up 3/4  at  893 1/2
  Today's Arkansas LDP rate for soybeans is:

Soybean Comment
Soybeans failed to hold early gains but ended the pre-holiday session only a few cents lower. November closed back below recent resistance at $8.88 and appears vulnerable to further setbacks in the short term. Seasonally, the market generally moves lower into late October or early November.

Wheat
Cash bid for August at Memphis  652 to 672;

Bids to farmers at Local Elevators 521;
River Elevators 501-531;

Chicago Futures: Sept down  at  767 
  Dec down at  775 1/2 
  March down  6 1/4  at  771 1/4 
  July '08 down  at  601 
  July '09 down  at  590 
  Today's Arkansas LDP rate for wheat is:

Grain Sorghum
Cash bid for August at Memphis  571 to 580;

Bids to farmers at River Elevators 491-580;
Today's Arkansas LDP rate for sorghum is:

Corn

Cash bid for August at Memphis   261 to - - -;
  New crop at Memphis   - - - to - - -;
Bids to farmers at River Elevators  242 to 252

Chicago Futures: Sept up  1 1/4  at  324 
  Dec up  1/4  at  340 
  March unchanged    at  356 
  Dec '08 up  1 1/2  at  391 1/2 
  Today's Arkansas LDP rate for corn is:

Grain Comment
Wheat hits $8.00 then loses steam going into the long Labor Day Holiday. New crop July registered a key reversal top, while old crop did not quite complete a topping move. December futures could be set to gap lower on Tuesday, and if so that would signal a top there as well. Key support for new crop July is the old high at $5.85, inability to hold here would project down to the $5.40 to $5.60 area.



Cotton & Rice  Date: August 31, 2007


Cotton

Spot Price, Grade 41 Staple 34: Memphis up 172 at  5612
  Greenwood up  172 at 5612

New York Futures: Oct up  172  at  5887 
  Dec up  190  at  6097 
 March up  211  at  6431 
 May up  210  at  6550 
 Dec '08 up  199  at  6994 
This week's LDP rate for cotton is  3.12 cents
  The estimate for next week is  2.19 cents
Cotton Comment
Cotton futures gapped above downtrend resistance and pushed up near the 3 cent limit at one point. Late profit taking chipped away part of the gain, but left values almost 4 cents above this week’s low. December futures have retracement values of 61.31, 62.72 and 64.14 cents. Strong export sales provided a boost yesterday and it appears traders wanted to get in the market before the recent bargain disappeared. It is no secret that producers are being swayed by high grain and soybean prices. Many cotton producers are contemplating planting wheat and double cropping soybeans, or putting additional acreage in corn. Great corn yields combined with strong levels could reduce ’08 planting significantly unless cotton futures move considerably higher.

Rice

Long Grain Cash Bid for  Aug/Sept 945  to  1025/cwt
  Oct/Nov 1025/cwt  to 

Chicago Futures: Sept up  16  at  1085 
 Nov up  14  at  1113 
 Jan up  12  at  1140 
 March up  11  at  1165 
 n/a   - - -  at  - - - 
Today's Arkansas LDP rate for long grain rice is  0
medium grain rice is  0
Rice Comment
November rice futures showed good followthrough on yesterday’s big gains and ended the week on a positive note. November closed right on the 62% retracement objective and could be set to move toward the contract high of $11.58. Tightening world stocks and a second consecutive year of smaller U.S. production make the market susceptible to wide swings. Potential tenders from Iraq and the Philippines have kept the market optimistic, while mills continue to operate on a very reduced schedule. With Vietnam having reached their export quota, Thailand and the U.S. are and will be the major sources for rice in the near term. Longer term rice prices may have to move higher to keep acreage in the U.S. from moving to wheat, corn and soybeans.



Cattle & Hogs  Date: August 31, 2007

Cattle
As reported by Federal-State Market News, receipts were 9,655 head at sales in Arkansas this week.  Compared with last week, feeder steers sold unevenly ranging from $2 higher to $2 lower, averaging near steady .

Steers:
 Medium & Large Frame 1   400 to 450 lbs. 124 to 134
  500 to 550 lbs. 111 to 121
  600 to 700 lbs. 106 to 116
 Medium & Large Frame 2   400 to 450 lbs. 109 to 119

Heifers:
 Medium & Large Frame 1   500 to 550 lbs. 105 to 115
 Medium & Large Frame 2   400 to 450 lbs. 104 to 114

Slaughter Cows, Boners 46   to   52
Light Weight 34 to 40
Bulls, Yield Grade   1   1000   to   2100 lbs.   59   to   66.5; high dressing 66.50 to 69.
Midwest Steers   n/a   at   - - -   to   - - -
Panhandle Steers   n/a   at   - - -   to   - - -

Oklahoma City Feeders
Steers 500 to 550 lbs. 116 to 135.5
  550 to 600 lbs. 115 to 129.5
Heifers 500 to 550 lbs. 104 to 122.5
  550 to 600 lbs. 103 to 123

Chicago Futures:
Live Cattle: Oct down 17 at 9690
  Dec up 12 at 10002
Feeders: Oct down 52 at 11762
  Jan down 12 at 11542

Cattle Comment
Cattle closed mixed with December futures showing signs of potentially moving lower. While cash fundamentals are positive, futures are trading a big premium to current packer bids. The long holiday weekend has pushed wholesale values up to the highest level since June, with retailers having to hustle to cover their needs. Reduced feedlot numbers also suggest potential gains in the cash market near term.

Hogs
Peoria: were     steady   at   41.5   to   42

Chicago Futures: Oct down 102 at 6682
  Dec down 15 at 6882

Sheep
St. Paul n/a   at   - - -   to   - - -

Hogs Comment
Hog futures declined as carcass values lost over $2/cwt this week. The market is anticipating a big slaughter rate through the last quarter of the year, and that could mean weaker price levels.



Poultry  Date: August 31, 2007

Eggs

New York:  Ex. Lg. 131-135; Lg. 129-133; Med. 92-96;
Chicago:  Ex. Lg. 112-120; Lg. 110-118; Med. 85-93;

Eastern Region Turkeys
Hens: 8-16 lbs. 89-93
Toms: 16-24lbs. 89-93
 

Delmarva Broilers
U.S. Grade A
Majority prices for next week were trending unchanged in all areas. Trade sentiment was generally steady. Supplies of all sizes were usually sufficient to at times well cleared for trade needs. In production areas, live supplies were moderate at desirable to light weights.

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Arkansas Farm Bureau
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501-224-4400

Copyright 2007
Arkansas Farm Bureau, Inc.
All rights reserved

Thursday, August 30, 2007

FWD: Morning Manna (Aug. 31); BP: I Cor.15:51-58; RBTTY: I Cor.11:17-34; Ps.132-134

 
Samuel D. High
sdhigh@aristotle.net

 



-----Original Message-----
From: "Apostle Tom" <pressingon@hotmail.com>
Sent: Thu, 30 Aug 2007 16:51:06 -0500
To: pressingon@hotmail.com
Subject: Morning Manna (Aug. 31); BP: I Cor.15:51-58; RBTTY: I Cor.11:17-34; Ps.132-134
 
 
August 31 “Never In Vain”  
 
“Therefore, my beloved brethren, be steadfast, immovable, always abounding  
in the work of the Lord, forasmuch as you know that your labor is not vain  
in the Lord.”  
I Corinthians 15:58  
When we do it for Him, leaving the results to Him, we can always rest  
assured that He’s pleased and will bless.  
Years ago churches used to sing a song where some of the lyrics went  
like this: “Oh land of rest for thee I sigh, When will the morning come?  
When I shall lay my armor by and dwell in peace at Home. We’ll work ‘till  
Jesus comes, we’ll work ‘till Jesus come, We’ll work ‘till Jesus comes and  
we’ll be gathered Home.”  
 
Even now, those of us who are old enough to remember the song, can  
almost hear it wafting to us on the breeze. . .its staccato beat and  
harmonious parts. . .and its rousing chorus of echoing responses. Truly, it  
was a song that challenged us to “stay the course” in the work that must be  
done—and it’s certainly one we need in these pressure-packed days where  
weariness of mind, soul and body continually take a toll on us.  
 
But, we should never allow these maladies of mind, emotions, body and  
spirit to rob us of our joy and cause us to think that we’re wasting our  
time in serving the Lord. Instead, we should always remember what the  
Apostle Paul said in today’s Manna—i.e., to “be steadfast, immovable, always  
abounding in the work of the Lord.”  
 
Now, at times, this is easier said than done, isn’t it?  
Assuredly so; however, when our “labor is in the Lord,” we can rest  
assured that it will not return to Him void. For sure, there’ll be many  
times when we’ll see no visible or tangible results from our efforts—but,  
again, “God is faithful” (I Cor. 10:13) and has promised to bless whatever  
we do in His name (Mt. 10:42; Jn. 6:9-11).  
 
How does this apply to our individual situations?  
First, being “steadfast” means being dependable and consistent. It  
means “righteous reliability” where others know we can be counted on in a  
time of need. Likewise, being “immovable” is not being stubborn, rigid or a  
non-conformist. It simply means having “strength of soul” or spiritual  
backbone where we’re not flighty or wishy-washy when it comes to choosing  
and doing what’s right. And, our possessing these two Christlike attributes  
will then lead us to “always abound.” This doesn’t mean we’ll always have  
the biggest church building or largest number of baptisms in a given year;  
however, it does mean we’ll be filled with true, Holy Ghost joy and  
enthusiasm that the world can’t take away. Hallelujah!!  
 
It’s important to note that Paul gives us this exhortation at the end  
of his powerful message on the reality of the resurrection. Thus, it’s the  
Risen Lord’s presence that invigorates and sustains us. Knowing He’s with  
us every step of the way will both comfort and motivate us. It will also  
help us to remember that ours is a “cooperative fellowship” with Him where  
both sides give 100%, but the results are always up to Him (I Cor. 3:1-9).  
Glory!!  
 
_________________________________________________________________  
Learn.Laugh.Share. Reallivemoms is right place!  
http://www.reallivemoms.com?ocid=TXT_TAGHM&loc=us  
 
 
 
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08/30/2007 Farm Bureau Market Report

Click here to view this report online.

Arkansas Farm Bureau
Arkansas Farm Bureau
Grain & Soybean Date: August 30, 2007

Soybeans

Local Elevators:
(Aug) EAST AR:  768 to 790
(NC) Summ. 811 to 832
River Elevators:
(Aug) MISS: 783 to 797 ; AR & White 768 to 787
(NC) Summ. 813 to 838
Ark. Processor Bids: (Aug) 774 to 790  (NC) 832 to 833
Memphis:  (Aug) 786 to 790 (NC)  837 to 840
Riceland Foods:  (NC) Stuttgart 790 ; Pendleton 790 ; West Memphis 789

Chicago Futures: Sept up 12 at  870 1/2
  Nov  up  10 3/4  at  885
  Jan up 10  at  899 1/2
  March up 10 1/4  at  910 1/4
  Nov '08 up 6 1/4  at  892 3/4
  Today's Arkansas LDP rate for soybeans is:

Soybean Comment
Soybeans ended the day higher, as they again were the beneficiary of big gains in wheat. The upturn came despite smaller than expected export sales. November futures pushed into resistance between $8.88 and $8.93 before settling just below that level. A close above $8.93 would bring resistance at the $9.49 ½ contract high back into play. Support starts around $8.32.

Wheat
Cash bid for August at Memphis  646 to 680;

Bids to farmers at Local Elevators 530;
River Elevators 510-545;

Chicago Futures: Sept up  28  at  770 
  Dec up 26  at  784 1/2 
  March up  21 1/2  at  777 1/2 
  July '08 up  10 1/2  at  610 
  July '09 up  at  596 
  Today's Arkansas LDP rate for wheat is:

Grain Sorghum
Cash bid for August at Memphis  567 to 580;

Bids to farmers at River Elevators 482-573;
Today's Arkansas LDP rate for sorghum is:

Corn

Cash bid for August at Memphis   252 3/4 to 253 3/4;
  New crop at Memphis   n/a to n/a;
Bids to farmers at River Elevators  236 to 253

Chicago Futures: Sept unchanged  at  322 3/4 
  Dec down  1/2  at  339 3/4 
  March down  at  356 
  Dec '08 down  1/2  at  390 
  Today's Arkansas LDP rate for corn is:

Grain Comment
Wheat continues to make new historic highs on a daily basis with December gapping higher and hitting $7.88 ½ . Tight world supplies and another big export sales report boosted the market early. The next likely upside target is $8.00. Be prepared for a sharp downturn once the market peaks. Producers should take advantage of this opportunity to price ’08 production.



Cotton & Rice  Date: August 30, 2007


Cotton

Spot Price, Grade 41 Staple 34: Memphis up 157 at  5440
  Greenwood up  157 at 5440

New York Futures: Oct up  157  at  5715 
  Dec up  165  at  5907 
 March up  150  at  6220 
 May up  160  at  6340 
 Dec '08 up  170  at  6795 
This week's LDP rate for cotton is  2.70 cents
  The estimate for next week is  3.12 cents
Cotton Comment
Cotton received a boost from bigger than expected export sales and strong gains in wheat, beans and rice. Today’s gap higher move may have signaled an interim low has been reached. It is no secret that producers are being swayed by high grain and soybean prices. Many cotton producers are contemplating planting wheat and double cropping soybeans, or putting additional acreage in corn. Great corn yields combined with strong levels could reduce ’08 planting significantly unless cotton futures move considerably higher.

Rice

Long Grain Cash Bid for  Aug/Sept 945  to  1014/cwt
  Oct/Nov 1014/cwt  to  - - -

Chicago Futures: Sept up  38  at  1069 
 Nov up  39  at  1099 
 Jan up  36  at  1128 
 March up  30  at  1154 
 n/a up  - - -  at  - - - 
Today's Arkansas LDP rate for long grain rice is 
medium grain rice is 
Rice Comment
Rice futures blasted off again today with November recouping all the losses of the last 4 sessions. At one point, November moved above the recent high of $11.05. Tightening world stocks and a second consecutive year of smaller U.S. production make the market susceptible to wide swings. Potential tenders from Iraq and the Philippines have kept the market optimistic, while mills continue to operate on a very reduced schedule. With Vietnam having reached their export quota, Thailand and the U.S. are and will be the major sources for rice in the near term. Longer term rice prices may have to move higher to keep acreage in the U.S. from moving to wheat, corn and soybeans.



Cattle & Hogs  Date: August 30, 2007

Cattle
As reported by Federal-State Market News, receipts were 2706 head at sales in Charlotte, Ratcliff and Green Forest.  Compared with last week, feeder steers sold unevenly, calves under 450 lbs. $1 higher, other weights steady to $2 higher .

Steers:
 Medium & Large Frame 1   400 to 450 lbs. 122 to 132
  500 to 550 lbs. 113 to 123
  600 to 700 lbs. 106 to 116
 Medium & Large Frame 2   400 to 450 lbs. 119 to 129

Heifers:
 Medium & Large Frame 1   500 to 550 lbs. 101 to 111
 Medium & Large Frame 2   400 to 450 lbs. 100 to 110

Slaughter Cows, Boners 46   to   52
Light Weight 35 to 42
Bulls, Yield Grade   1-2   1000   to   2100 lbs.   62   to   64.5; high dressing 64.5 to 68.
Midwest Steers   were steady   at   90   to   91
Panhandle Steers   were steady to $1 higher   at   90   to   91

Oklahoma City Feeders
Steers 500 to 550 lbs. 118 to - - -
  550 to 600 lbs. 120 to 124
Heifers 500 to 550 lbs. 111 to - - -
  550 to 600 lbs. 114 to 114.50

Chicago Futures:
Live Cattle: Oct down 97 at 9707
  Dec down 100 at 9990
Feeders: Oct down 82 at 11815
  Jan down 92 at 11555

Cattle Comment
Cattle futures were pressured by higher grain prices. End of month and pre-holiday evening of positions also added to the negative undertone. While cut out values hit the highest level since June, packers are reluctant market participants at current feedlot asking prices. Tightening of available supplies should shake things loose after the long Labor Day weekend.

Hogs
Peoria: were     steady   at   41.5   to   42

Chicago Futures: Oct up 10 at 6785
  Dec up 22 at 6897

Sheep
St. Paul n/a   at   - - -   to   - - -

Hogs Comment
Hog futures were mostly higher, but generally remain in a narrow consolidation area. Overall, fundamentals suggest record hog supplies this fall which could push the market lower, unless there are additional sales to China.



Poultry  Date: August 30, 2007

Eggs

New York:  Ex. Lg. 131-135; Lg. 129-133; Med. 92-96;
Chicago:  Ex. Lg. 112-120; Lg. 110-118; Med. 85-93;

Eastern Region Turkeys
Hens: 8-16 lbs. 89-93
Toms: 16-24 lbs. 89-93
 

Delmarva Broilers
U.S. Grade A
Trade sentiment was at least steady in the East, and steady elsewhere. Retail demand was fair to moderate with increased interests expected for upcoming first of the month and holiday weekend. Supplies of all sizes were usually adequate to instances well cleared. In production areas, live supplies were moderate at desirable to light weights.

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QUESTIONS OR COMMENTS?

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Arkansas Farm Bureau
10720 Kanis Road
Little Rock, AR 72211
501-224-4400

Copyright 2007
Arkansas Farm Bureau, Inc.
All rights reserved

Wednesday, August 29, 2007

08/29/2007 Farm Bureau Daily Market

Click here to view this report online.

Arkansas Farm Bureau
Arkansas Farm Bureau
Grain & Soybean Date: August 29, 2007

Soybeans

Local Elevators:
(Aug) EAST AR:  767 to 786
(NC) Summ. 800 to 823
River Elevators:
(Aug) MISS: 759 to 786 ; AR & White 759 to 778
(NC) Summ. 802 to 829
Ark. Processor Bids: (Aug) 782 to 786  (NC) 712 to 823
Memphis:  (Aug) 778 1/4 to 784 1/4 (NC)  824 1/4 to 826 1/4
Riceland Foods:  (NC) Stuttgart 786 ; Pendleton 786 ; West Memphis 785

Chicago Futures: Sep up 3 1/4 at  858 1/2
  Nov  up  at  874 1/4
  Jan up 1 1/2  at  889 1/2
  Mar up 2 1/2  at  800
  Nov '08 up 2 1/2  at  886 1/2
  Today's Arkansas LDP rate for soybeans is:

Soybean Comment
Soybeans continue to test upside potential despite this week’s improved rating in the crop progress report. Strong export demand and this year’s much smaller plantings will limit seasonal downside movement.

Wheat
Cash bid for August at Memphis  618 to 652;

Bids to farmers at Local Elevators 550;
River Elevators 499-535;

Chicago Futures: Sep up  21 1/2  at  742 
  Dec up 20 1/4  at  758 1/2 
  Mar up  17  at  756 
  Jul '08 up  7 1/2  at  599 1/2 
  Jul '09 up  at  589 
  Today's Arkansas LDP rate for wheat is:

Grain Sorghum
Cash bid for August at Memphis  568 to 590;

Bids to farmers at River Elevators 532-579;
Today's Arkansas LDP rate for sorghum is:

Corn

Cash bid for August at Memphis   252 3/4 to 253 3/4;
  new crop at Memphis   n/a to - - -;
Bids to farmers at River Elevators  236 to 253

Chicago Futures: Sep down  4 1/2  at  322 3/4 
  Dec down  4 1/2  at  340 1/4 
  Mar down  4 1/2  at  357 
  Dec '08 down  1 3/4  at  390 1/2 
  Today's Arkansas LDP rate for corn is:

Grain Comment
Wheat continues to find ongoing support from tight world supplies and strong export demand. Producers should be taking advantage of the strong market opportunities, especially if considering additional ’08 plantings.



Cotton & Rice  Date: August 29, 2007


Cotton

Spot Price, Grade 41 Staple 34: Memphis up 6 at  5283
  Greenwood up  6 at 5283

New York Futures: Oct up  at  5558 
  Dec down  at  5742 
 Mar down  at  6070 
 May down  at  6180 
 Dec '08 down  20  at  6625 
This week's LDP rate for cotton is  2.70 cents
  The estimate for next week is  3.08 cents
Cotton Comment
After an early summer upturn, cotton has lost favor with the index funds and has failed to generate any substantial upside momentum. A lower close would suggest a retest of the contract low at 51.6 cents. Cotton is dependent on exports and the recent weakness in the world markets has raised concerns. From a fundamental standpoint this year’s crop, while significantly smaller will be sufficient to meet projected demand. Longer term, there could be supply problems, which would necessitate additional production in the U.S. For now, the market appears to have trendline resistance just above 61 cents.

Rice

Long Grain Cash Bid for  Aug/Sep/Oct 945  to  975/cwt
  Nov 975/cwt  to  - - -

Chicago Futures: Sep down  18  at  1031 
 Nov down  15  at  1060 
 Jan down  15  at  1092 
 Mar down  12  at  1124 
 n/a down  - - -  at  - - - 
Today's Arkansas LDP rate for long grain rice is 
medium grain rice is 
Rice Comment
The overall undertone of the rice market remains weak. November futures have traded in a broad 50 cents range for the last 6 weeks. U.S. milled exports remain slow with mills still operating well below capacity. The industry remains optimistic about tenders from Iraq and perhaps later in September from the Philippines. The international market is steady to firm with Thailand continuing to ship against old sales to Iraq and Iran, while anticipating sales to Indonesia and the Philippines. Vietnam remains out of the market as prior commitments put them in a tight situation with little help from the summer harvest. The rice harvest is about 70 percent complete in Texas and Louisiana and just 6 percent complete in Arkansas. Early yield reports are good. A big question to be answered later is how much rice will be planted in ’08. Early talk suggests acreage moving to wheat, soybeans and corn.



Cattle & Hogs  Date: August 29, 2007

Cattle
As reported by Federal-State Market News, receipts were 1,975 head at sales in Conway, Ola & Pocahontas.  Compared with last week, feeder steers sold weak to $3 lower .

Steers:
 Medium & Large Frame 1   400 to 450 lbs. 117 to 127
  500 to 550 lbs. 109 to 119
  600 to 700 lbs. 104 to 114
 Medium & Large Frame 2   400 to 450 lbs. 108 to 118

Heifers:
 Medium & Large Frame 1   400 to 450 lbs. 105 to 115
 Medium & Large Frame 2   400 to 450 lbs. 96 to 106

Slaughter Cows, Boners 46   to   51
Light Weight 31.50 to 38
Bulls, Yield Grade   1   1000   to   2100 lbs.   62.50   to   66.50, high dressing 66.50-68
Midwest Steers   were steady to $1 higher   at   90   to   91
Panhandle Steers   were steady   at   90   to   - - -

Oklahoma City Feeders
Steers 500 to 550 lbs. 120 to 130
  600 to 650 lbs. 124 to 124.75
Heifers 500 to 550 lbs. 119 to 127.25
  600 to 650 lbs. 113 to 122.25

Chicago Futures:
Live Cattle: Oct up 45 at 9805
  Dec up 30 at 10090
Feeders: Oct up 12 at 11897
  Jan up 27 at 11647

Cattle Comment
Cattle had early support from solid cutout gains and prospects of tightening of fat cattle fed supplies in September. Packers remain reluctant buyers at current offerings as we head into the long Labor Day weekend.

Hogs
Peoria: were $1     lower   at   41.5   to   42

Chicago Futures: Oct down 15 at 6775
  Dec up 72 at 6875

Sheep
St. Paul sheep shorn slaughter lambs   at   n/a   to   - - -

Hogs Comment
Hogs don’t appear to have much going as composite cutout values are still declining and overall slaughter supplies are ample. Improving packer margins are an offsetting factor.



Poultry  Date: August 29, 2007

Eggs

New York:  Ex. Lg. 128-132; Lg. 126-130; Med. 91-95;
Chicago:  Ex. Lg. 112-120; Lg. 110-118; Med. 85-93;

Eastern Region Turkeys
Hens: 8-16 lbs. 89-93
Toms: 16-24 lbs. 89-93
 

Delmarva Broilers
U.S. Grade A
Trade sentiment was steady in the West, and overall at least steady elsewhere. Supplies of all sizes were usually adequate to well cleared with slightly lower temperatures in the Southeast aiding availability. In production areas, live supplies were moderate at desirable to light weights.

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Copyright 2007
Arkansas Farm Bureau, Inc.
All rights reserved

Tuesday, August 28, 2007

FWD: Morning Manna (Aug. 29); BP: Heb. 5:11-6:8; RBTTY: I Cor. 10:19-33; Ps. 126-127

 
Samuel D. High
sdhigh@aristotle.net

 



-----Original Message-----
From: "Apostle Tom" <pressingon@hotmail.com>
Sent: Tue, 28 Aug 2007 15:23:55 -0500
To: pressingon@hotmail.com
Subject: Morning Manna (Aug. 29); BP: Heb. 5:11-6:8; RBTTY: I Cor. 10:19-33; Ps. 126-127
 
 
August 29 “On Growing Strong In the Faith”  
 
“But strong meat belongs to them who are of full age, even those who by  
reason of use have their senses exercised to discern both good and evil.  
Therefore, leaving the principles of the doctrine of Christ, let us go on  
unto perfection—not laying again the foundation of repentance from dead  
works and of faith toward God.”  
Hebrews 5:14-6:1  
Growing deeper will take effort, but the results will be worth it.  
It’s easy to tell the mettle of one’s character when they’re going  
through difficult times. The fainthearted will quickly fall by the wayside,  
waving the white flag of surrender at the first sign of hardship and  
heartache. However, as “soldiers of the Cross” we should never be counted  
in their number—especially when the resurrected Lord lives within our heart.  
 
The author of Hebrews knew his readers were being sorely tried because  
of their faith. He knew they were both “world-and-war-weary” in the “race  
that was set before them” (Heb. 12:1c). That’s why he was exhorting them  
(and us) to “grow up and grow strong” in the faith—lest we be tempted to  
succumb when our burdens grow heavy and our pressure grows strong.  
 
One problem in “holding fast our faith” (4:14) is our failure to “grow  
deep” in faith. Instead of maturing spiritually through daily, personal  
prayer and Bible study, we stunt our growth through the sins of apathy and  
neglect. We wait for someone else to spoon-feed us the Word, forgetting  
that it’s our individual responsibility to “study to show ourselves approved  
unto God, a workman that needs not to be ashamed, rightly dividing the Word  
of truth” (II Tim. 2:15).  
 
Instead of “growing in grace and the knowledge of our Lord and Savior,  
Jesus Christ” (II Pet. 3:18), we’re content with “passive progress”—i.e.,  
trying to spiritually mature with no effort on our part. No wonder we’re so  
physically overweight and spiritual emaciated!  
 
If we are to ever to become proficient “teachers” in the faith and move  
from spiritual powdered milk to steak and baked potatoes, we must “exercise  
our faith.” Only then will we understand the adage that says, “Faith is  
like a muscle; the more you exercise it, the stronger it becomes!” So  
true, so true.  
 
Oh, dear Pilgrim, the Lord uses problems and pressures in our lives to  
transform us into His image. That’s why we must consciously will ourselves  
to “grow deeper in grace” through a daily “communion-union” with Him. In so  
doing we shall move on beyond the “ABC’s” of the faith and into the deeper  
realms of the Christ-life.  
 
The “handwriting is definitely on the wall” in our world today. The  
“beginning of sorrows” (Mt. 24:8) is here. Therefore, if we are to keep  
from “falling away” and becoming like a “barren, good-for-nothing, cursed  
field” (Heb. 6:8), we must commit our lives anew to the One Who “endured the  
Cross and despised the shame, for the joy that was set before Him” (Heb.  
12:2b). Help us, dear Holy Spirit.  
 
_________________________________________________________________  
Learn.Laugh.Share. Reallivemoms is right place!  
http://www.reallivemoms.com?ocid=TXT_TAGHM&loc=us  
 
 
 

08/28/2007 Farm Bureau Market Report

Click here to view this report online.

Arkansas Farm Bureau
Arkansas Farm Bureau
Grain & Soybean Date: August 28, 2007

Soybeans

Local Elevators:
(Aug) EAST AR:  765 to 784
(NC) Summ. 798 to 821
River Elevators:
(Aug) MISS: 777 to 784 ; AR & White 762 to 781
(NC) Summ. 804 to 827
Ark. Processor Bids: (Aug) 780 to 784  (NC) 810 to 821
Memphis:  (Aug) 775 1/4 to 782 1/4 (NC)  827 1/4 to - - -
Riceland Foods:  (NC) Stuttgart 784 ; Pendleton 784 ; West Memphis 783

Chicago Futures: Sep down 1 1/4 at  855 1/4
  Nov  down  1/2  at  872 1/4
  Jan down 1/4  at  888
  Mar down 1 1/2  at  897 1/2
  Nov '08 up at  889
  Today's Arkansas LDP rate for soybeans is:

Soybean Comment
Soybeans retraced early declines and ended the session with small losses. The market was pressured by improved crop ratings, instead of the expected decline. While some flooding has been noted, overall, rains have probably improved yield expectations across the Midwest. November remains below key resistance at $8.88 to $8.95.

Wheat
Cash bid for August at Memphis  596 1/2 to 620 1/2;

Bids to farmers at Local Elevators 512;
River Elevators 492-527;

Chicago Futures: Sep down  1 3/4  at  720 1/2 
  Dec up 1/4  at  738 1/4 
  Mar unchanged    at  739 
  Jul '08 up  at  592 
  Jul '09 up  at  584 
  Today's Arkansas LDP rate for wheat is:

Grain Sorghum
Cash bid for August at Memphis  580 to 591;

Bids to farmers at River Elevators n/a;
Today's Arkansas LDP rate for sorghum is:

Corn

Cash bid for August at Memphis   252 1/4 to 257 1/4;
  new crop at Memphis   n/a to - - -;
Bids to farmers at River Elevators  240 to 257

Chicago Futures: Sep down  8 1/2  at  327 1/4 
  Dec down  8 1/4  at  344 3/4 
  Mar down  7 3/4  at  361 1/2 
  Dec '08 down  4 1/4  at  392 1/4 
  Today's Arkansas LDP rate for corn is:

Grain Comment
Wheat lost a little today as trade remained in a narrow consolidation pattern just below recent record highs. New crop July is testing $6.00, and offers a good pricing opportunity for expected ’08 production.



Cotton & Rice  Date: August 28, 2007


Cotton

Spot Price, Grade 41 Staple 34: Memphis up 37 at  5277
  Greenwood up  37 at 5277

New York Futures: Oct up  37  at  5552 
  Dec up  51  at  5748 
 Mar up  54  at  6079 
 May up  35  at  6185 
 Dec '08 up  45  at  6645 
This week's LDP rate for cotton is  2.70 cents
  The estimate for next week is  3.01 cents
Cotton Comment
December cotton held above key support at 57 cents, but couldn’t manage much upside momentum. A lower close would suggest a retest of the contract low at 51.6 cents. Cotton is dependent on exports and the recent weakness in the world markets has raised concerns. From a fundamental standpoint this year’s crop, while significantly smaller will be sufficient to meet projected demand. Longer term, there could be supply problems, which would necessitate additional production in the U.S. For now, the market appears to have trendline resistance just above 61 cents.

Rice

Long Grain Cash Bid for  Aug/Sep/Oct 945  to  989/cwt
  Nov 989/cwt  to  - - -

Chicago Futures: Sep down  at  1049 
 Nov down  12  at  1075 
 Jan down  10  at  1107 
 Mar down  10  at  1136 
 n/a down  - - -  at  - - - 
Today's Arkansas LDP rate for long grain rice is 
medium grain rice is 
Rice Comment
Rice futures worked lower throughout today’s session, remaining a broad trading range between $10.50 and $11.00. U.S. milled exports remain slow with mills still operating well below capacity. The industry remains optimistic about tenders from Iraq and perhaps later in September from the Philippines. The international market is steady to firm with Thailand continuing to ship against old sales to Iraq and Iran, while anticipating sales to Indonesia and the Philippines. Vietnam remains out of the market as prior commitments put them in a tight situation with little help from the summer harvest. The rice harvest is about 70 percent complete in Texas and Louisiana and just 6 percent complete in Arkansas. Early yield reports are good. A big question to be answered later is how much rice will be planted in ’08. Early talk suggests acreage moving to wheat, soybeans and corn.



Cattle & Hogs  Date: August 28, 2007

Cattle
As reported by Federal-State Market News, receipts were 1,498 head at sales in Fort Smith & Marshall.  Compared with last week, feeder steers sold steady to firm, instances 1-2 higher .

Steers:
 Medium & Large Frame 1   400 to 450 lbs. 124 to 134
  500 to 550 lbs. 113 to 123
  600 to 700 lbs. 106 to 116
 Medium & Large Frame 2   400 to 450 lbs. 102 to 112

Heifers:
 Medium & Large Frame 1   400 to 450 lbs. 111 to 121
 Medium & Large Frame 2   400 to 450 lbs. 102 to 112

Slaughter Cows, Boners 46   to   51
Light Weight 32.50 to 38
Bulls, Yield Grade   1   1000   to   2100 lbs.   62.50   to   69.50, high dressing 70-74
Midwest Steers   were $1.50 lower to $3.50 lower   at   90   to   - - -
Panhandle Steers   were $2-$3.50 lower   at   90   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: Oct down 15 at 9760
  Dec down 15 at 10060
Feeders: Oct down 2 at 11885
  Jan steady at 11620

Cattle Comment
Cattle futures were lower today as the market took a cue from Wall Street where stocks declined. Packers are reluctant to pay current feedlot asking prices as margins remain weak. Lower corn values kept feeder futures moving higher with the November contract topping $119. Technically, December live cattle may be making a double top at $101.

Hogs
Peoria: were     steady   at   42.5   to   43

Chicago Futures: Oct up 20 at 6790
  Dec up 70 at 6802

Sheep
St. Paul sheep shorn slaughter lambs   at   n/a   to   - - -

Hogs Comment
Hogs were a little higher after monster up and down moves the last two sessions. The market remains nervous about big hog supplies and are hopeful that Chinese demand will help. Supplies this fall may exceed slaughter capabilities.



Poultry  Date: August 28, 2007

Eggs

New York:  Ex. Lg. 125-129; Lg. 123-127; Med. 91-95;
Chicago:  Ex. Lg. 112-120; Lg. 110-118; Med. 85-93;

Eastern Region Turkeys
Hens: 8-16 lbs. 89-93
Toms: 16-24 lbs. 89-93
 

Delmarva Broilers
U.S. Grade A
The undertone ranged from fully steady to mostly steady. Supplies of all sizes were in close balance to sufficient for trade needs. In production areas, live supplies were moderate at weights usually in a full range of desirable to light. The Composite Weighted Average price for 08/27/2007 was 79.95 compared to 79.97 a week earlier, and 69.69 a year ago.

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You are receiving this newsletter because you requested that your e-mail address be added to the Arkansas Farm Bureau Market Report.

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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