FWD: Morning Manna (Nov. 1); BP: Ps. 51; RBTTY: Titus 2; Jer. 22-24

 
Samuel D. High
sdhigh@aristotle.net

 

---

-----Original Message-----
From: "Apostle Tom" <pressingon@hotmail.com>
Sent: Wed, 31 Oct 2007 15:55:22 -0600
To: pressingon@hotmail.com
Subject: Morning Manna (Nov. 1); BP: Ps. 51; RBTTY: Titus 2; Jer. 22-24
 
 
November 1 “A Clean Heart and Right Spirit”  
 
“Create in me a clean heart, O God—and renew a right spirit  
within me.”  
Psalm 51:10  
We know our prayers are communion with God  
As we present to Him our needs;  
We close our eyes and bow our heads  
As we bow on bended knee.  
 
But sometimes our efforts seem in vain  
As on His Name we call.  
So powerless are our petitions  
That we wonder if He hears us at all.  
 
At first we think the problem’s with Him,  
Like the prophets of Baal of old,  
But then we realize the problem’s residing in us  
Because our hearts are so sinful and cold.  
 
As we search our hearts we find secret sins  
That we’d hidden from all others’ view;  
But we know our God is an all-seeing God  
Who knows us through-and-through.  
 
He knows those deeds so evil,  
Those words so harsh and unkind;  
He also knows those critical, condemning thoughts  
That so often fill our mind.  
 
That’s why we must cry out with David  
This prayer of humility:  
“Create in me a clean heart, O God—  
For the problem’s with me, not Thee.  
 
“Yes, create in me a clean heart, O God—  
One that’s free from sin.  
And renew a right spirit within me  
By cleansing me without and within.  
 
“Forgive me for grieving Your holy heart  
And teach me to follow You.  
Only then will I know that You are pleased  
By the things I say and do.”  
--Tom Smith  
 
_________________________________________________________________  
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10/31/2007 Farm Bureau Market Report

Click here to view this report online.

Grain & Soybean Date: October 31, 2007 Soybeans Local Elevators: (Oct) EAST AR:  953 to 995 (NC) Summ. 959 to 1001 River Elevators: (Oct) MISS: 960 to 1005 ; AR & White 982 to 995 (NC) Summ. 984 to 1027 Ark. Processor Bids: (Oct) 982 to 990  (NC) 996 to 1011 Memphis:  (Oct) 1003 3/4 to 1009 3/4 (NC)  n/a to - - - Riceland Foods:  (Oct) Stuttgart 990 ; Pendleton 995 ; West Memphis 996 Chicago Futures: Nov up 18 at  1010   Jan  up  16 1/2  at  1025 3/4   Mar up 17 1/4  at  1040 1/2   Jul up 14 3/4  at  1049 1/2   Nov up 13 1/4  at  976 1/4   Today's Arkansas LDP rate for soybeans is: 0¢ Soybean Comment Soybeans reversed yesterday’s decline, and again tested resistance around contract highs. January made a new high but lost ground into the close. Overall fundamentals are unchanged with higher crude oil supportive and a big South American crop reducing upside potential. A solid January close above $10.33 ½ would bring the ’04 high of $10.64 back into focus. Volatility will continue high, meaning big swings will be the order of the day. Wheat Cash bid for October at Memphis  786 to 816; Bids to farmers at Local Elevators 578-593; River Elevators 585-598; Chicago Futures: Dec down  6  at  808    Mar down 6  at  829 1/2    May down  5 1/2  at  792 1/2    Jul '08 down  3  at  672 1/2    Jul '09 down  5  at  676    Today's Arkansas LDP rate for wheat is: 0¢ Grain Sorghum Cash bid for October at Memphis  721 to 724; Bids to farmers at River Elevators 643-705; Today's Arkansas LDP rate for sorghum is: 0¢ Corn Cash bid for October at Memphis   389 1/2 to 395 1/2;   new crop at Memphis   389 1/2 to - - -; Bids to farmers at River Elevators  375 to 387 Chicago Futures: Dec up  5 1/4  at  375 1/2    Mar up  5 1/4  at  392 3/4    May up  4 1/2  at  401 1/4    Dec '08 up  2 3/4  at  421 1/4    Today's Arkansas LDP rate for corn is: 0¢ Grain Comment Wheat futures failed to follow corn and soybeans higher. There wasn’t much news one way or the other, but traders are expecting global production to increase next year in light of high prices. Old crop December is trending lower with resistance near $8.50. New crop July is chopping along mostly sideways with resistance at the contract high of $6.97 and support $6.49. Cotton & Rice  Date: October 31, 2007 Cotton Spot Price, Grade 41 Staple 34: Memphis up 21 at  6108   Greenwood up  21 at 6108 New York Futures: Dec up  21  at  6408    Mar up  16  at  6874    May up  5  at  7020    Jul up  45  at  7186    Dec '08 up  25  at  7545  This week's LDP rate for cotton is  0 cents   The estimate for next week is  0 cents Cotton Comment Cotton closed slightly higher after moving in a very narrow trading range and holding the congestion area that has developed over the last two weeks. Inability to hold here will likely bring a test of support near 62 cents or perhaps 59.8 cents at some point. Ample supplies of ’07 cotton should keep a cap on the market at least for the near term. It will take renewed export interest, make that buying by China, to stimulate the market and move values to the next level. On the other hand, ’08 cotton might still get caught up in the bidding war for acreage. It looks like acreage could be cut another 10 percent if price doesn’t increase to the upper 70’s or lower 80’s for December ’08 futures. Rice Long Grain Cash Bid for  Nov/Dec 1075  to  1111/cwt   - - - - - -  to  - - - Chicago Futures: Nov up  31  at  1185    Jan up  29  at  1217    Mar up  28  at  1248    May up  20  at  1265    n/a up  - - -  at  - - -  Today's Arkansas LDP rate for long grain rice is  0¢ medium grain rice is  0¢ Rice Comment Rice was sharply higher as the market broke above resistance at the top of recent congestion areas and made new contract highs. Good sales are keeping the U.S. market firm although a widely anticipated tender from Iraq has not yet materialized. Rough rice export sales have been fairly brisk. The international market remains firm with Thailand moving old intervention stocks at a pretty good pace. Export bans in Vietnam and India leave Thailand as the main supplier. That will likely remain the case for the next 2 to 3 months or until Vietnam’s harvest. Today’s upside breakout puts January futures position to move to resistance at the January ’97 high of $12.45. Cattle & Hogs  Date: October 31, 2007 Cattle As reported by Federal-State Market News, receipts were 1,895 head at sales in Conway, Ola & Pocahontas.  Compared with last week, feeder steers sold $2-6 lower, heifers $3-7 lower . Steers:  Medium & Large Frame 1   400 to 450 lbs. 110 to 120   500 to 550 lbs. 101 to 111   600 to 700 lbs. 98 to 108  Medium & Large Frame 2   400 to 450 lbs. 93 to 103 Heifers:  Medium & Large Frame 1   400 to 450 lbs. 93 to 103  Medium & Large Frame 2   400 to 450 lbs. 81 to 91 Slaughter Cows, Boners 42.50   to   47 Light Weight 25.50 to 31 Bulls, Yield Grade   1   1000   to   2100 lbs.   54   to   58, high dressing 59-60 Midwest Steers   n/a   at   - - -   to   - - - Panhandle Steers   n/a   at   - - -   to   - - - Oklahoma City Feeders Steers 500 to 550 lbs. 118.75 to 127   600 to 650 lbs. 103 to 115 Heifers 500 to 550 lbs. 102.50 to 111   600 to 650 lbs. 95 to 106 Chicago Futures: Live Cattle: Dec down 80 at 9492   Feb down 62 at 9752 Feeders: Nov down 150 at 10845   Jan down 145 at 10840 Cattle Comment Cattle futures continue to be under pressure despite tightening supplies of fed cattle. Beef is struggling to compete with cheaper pork and poultry, and traders are expecting beef prices to continue to fall this winter. December futures have support around $94. Hogs Peoria: were     steady   at   33.5   to   34 Chicago Futures: Dec down 2 at 5387   Feb up 22 at 6085 Sheep St. Paul sheep shorn slaughter lambs   at   n/a   to   - - - Hogs Comment Hogs moved to new lows again today. Seasonally larger supplies are expected in the near term and as cash prices fall, so will futures. Support on the weekly chart begins at $53.55. Poultry  Date: October 31, 2007 Eggs New York:  Ex. Lg. 119-123; Lg. 117-121; Med. 106-110; Chicago:  Ex. Lg. 102-110; Lg. 100-108; Med. 91-99; Eastern Region Turkeys Hens: 8-16 lbs. 96-98 Toms: 16-24 lbs. 96-98   Delmarva Broilers U.S. Grade A Trade sentiment was mostly steady. Supplies of all sizes were usually more than sufficient to satisfy 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_marketing/email/ ---------------------------------------- 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 Terms of Use

FWD: Morning Manna (Oct. 31); BP: Is. 40; RBTTY: Titus 1; Jer. 22-23

 
Samuel D. High
sdhigh@aristotle.net

 

---

-----Original Message-----
From: "Apostle Tom" <pressingon@hotmail.com>
Sent: Tue, 30 Oct 2007 18:58:51 -0600
To: pressingon@hotmail.com
Subject: Morning Manna (Oct. 31); BP: Is. 40; RBTTY: Titus 1; Jer. 22-23
 
 
October 31 “On Waiting Upon the Lord”  
 
“But they that wait upon the Lord shall renew their strength. They shall  
mount up with wings as eagles. They shall run and not be weary—and they  
shall walk and not faint.”  
Isaiah 40:31  
Sometimes being “the voice of him that cries in the wilderness” is a  
wearisome calling; but “waiting upon Him” will bring both rest and renewal.  
Hearing and heeding God’s call is life’s noblest endeavor. Instead of  
pursuing those things that will not pass through the Refiner’s fires of  
eternity, we commit ourselves in consecrated service to the One with  
nail-scars in His hands.  
 
Does that mean we’ll not meet with difficulties and discouragement?  
No, it means we’ll more times than not find ourselves battling these more  
than others who do not follow Christ. Why is that? Because our three  
external enemies (the world, the flesh and the devil) will constantly be  
warring against our mind, will and emotions.  
 
Likewise, at times we’ll grow “weary in well-doing” (Gal. 6:9) when  
others turn a deaf ear to us or actively oppose us. The temptation to  
“wrestle with flesh-and-blood” is always there; yet, we must not yield to  
these fleshly desires—for the Lord Jesus Himself said, “If you live by the  
sword, you’ll also die by the sword” (Mt. 26:52).  
 
That’s why we must “wait upon the Lord.” The Hebrew word “qavah” is  
used here for “wait” and also means “to bind together, collect, expect,  
gather together, patiently tarry, etc.” And, when we couple it with “upon  
the Lord” it means to refrain from running ahead of Him or lag behind Him.  
This is why Jehoshaphat said “We have no might against this great company  
that comes against us; neither know we what to do—but our eyes are upon You”  
(II Chron. 20:12).  
 
As we “wait upon the Lord,” we must do so in hope (Ps. 130). It’s not  
a matter of whether or not the Lord will come to aid us; He will—for He has  
promised and He is faithful (Ps. 40:1-4; Lam. 3:21-23).  
 
And, this same God “gives power (Heb. ‘koach’—‘to be firm, vigor, force,  
substance, etc.’) to the faint (Heb. ‘ya ‘eph’—‘fatigued, exhausted, weary,  
etc.’) and to those who have no might he increases strength” (v.29).  
Likewise, He “shall renew their strength, causing them to mount up with  
wings as eagles. . .run and not be weary (Heb. ‘yaga’—‘to gasp, to tire, be  
exhausted, etc.’). . .walk and not faint (Heb. ‘ya ‘aph’—‘to tire as if from  
wearisome flight, cause to fly away, to weary one’s self, etc.’).”  
 
Oh, dear Pilgrim, isn’t this a glorious promise? Doesn’t it thrill  
your heart to know that you are not alone in the “fray of faith” when it  
seems like the whole world is against you and no one understands? Always  
remember that the Lord Jesus Himself “was tempted in every way as we, yet  
without sin” (Heb. 4:14-16). And, even in the midst of His excruciating  
pain and shame, He knew He was in the Father’s perfect will and would be  
given the victory when fear and forsakenness were crowding in on Him (Mt.  
27:46; Lk. 23:46). May we remember and rest in this today as we “wait upon  
the Lord.”  
 
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10/30/2007 Farm Bureau Market Report

Click here to view this report online.

Grain & Soybean Date: October 30, 2007 Soybeans Local Elevators: (Oct) EAST AR:  948 to 977 (NC) Summ. 954 to 983 River Elevators: (Oct) MISS: 942 to 979 ; AR & White 956 to 969 (NC) Summ. 966 to 1005 Ark. Processor Bids: (Oct) 964 to 972  (NC) 978 to 994 Memphis:  (Oct) 986 to 992 (NC)  n/a to - - - Riceland Foods:  (NC) Stuttgart 972 ; Pendleton 977 ; West Memphis 978 Chicago Futures: Nov down 19 at  992   Jan  down  19 1/2  at  1009 1/4   Mar down 20 1/4  at  1023 1/4   Jul down 18 1/4  at  1034 3/4   Nov '08 down 17 1/4  at  963   Today's Arkansas LDP rate for soybeans is: 0¢ Soybean Comment Soybeans closed lower along with all the grains. A downturn in crude oil contributed to the big slide which could be just a temporary correction. However, from a technical perspective the charts could be making a double top, as yesterday’s move was to within a penny or so of the contract high. Initial support for January starts at $9.95 and then just above $9.60. Resistance is $10.33. The next major upside chart objective is $10.64. Wheat Cash bid for October at Memphis  792 to 822; Bids to farmers at Local Elevators 581-596; River Elevators 588-601; Chicago Futures: Dec down  14 1/2  at  814    Mar down 12 1/2  at  835 1/2    May down  10  at  798    Jul '08 down  15 3/4  at  675 1/2    Jul '09 down  8  at  681    Today's Arkansas LDP rate for wheat is: 0¢ Grain Sorghum Cash bid for October at Memphis  711 to 715; Bids to farmers at River Elevators 625-688; Today's Arkansas LDP rate for sorghum is: 0¢ Corn Cash bid for October at Memphis   387 1/4 to 390 1/4;   new crop at Memphis   385 3/4 to 386 3/4; Bids to farmers at River Elevators  370 to 380 Chicago Futures: Dec down  5 3/4  at  370 1/4    Mar down  5 1/2  at  387 1/2    May down  6  at  396 3/4    Dec '08 down  4  at  418 1/2    Today's Arkansas LDP rate for corn is: 0¢ Grain Comment Wheat futures turned lower after yesterday’s gap higher. A bounce in the value of the dollar was negative, as was a lack of export news. New crop July could challenge resistance at the contract high of $6.97, but old crop December is trending lower with resistance near $8.50. Cotton & Rice  Date: October 30, 2007 Cotton Spot Price, Grade 41 Staple 34: Memphis down 90 at  6087   Greenwood down  90 at 6087 New York Futures: Dec down  90  at  6387    Mar down  62  at  6858    May down  55  at  7015    Jul down  64  at  7141    Dec '08 down  65  at  7520  This week's LDP rate for cotton is  0 cents   The estimate for next week is  0 cents Cotton Comment Cotton traded back to the bottom side of a narrow trading range that has prevailed for the last two weeks. Inability to hold here will likely bring a test of support near 62 cents or perhaps 59.8 cents at some point. Ample supplies of ’07 cotton should keep a cap on the market at least for the near term. It will take renewed export interest, make that buying by China, to stimulate the market and move values to the next level. On the other hand, ’08 cotton might still get caught up in the bidding war for acreage. It looks like acreage could be cut another 10 percent if price doesn’t increase to the upper 70’s or lower 80’s for December ’08 futures. Rice Long Grain Cash Bid for  Nov/Dec 1040  to  1111/cwt   - - - - - -  to  - - - Chicago Futures: Nov down  4 1/2  at  1154    Jan down  7  at  1188    Mar down  5  at  1220    May down  1  at  1245    - - -   - - -  at  - - -  Today's Arkansas LDP rate for long grain rice is  0¢ medium grain rice is  0¢ Rice Comment Rice couldn’t back the overall pattern of lower prices today and settled lower near the lows for the day. The overall situation for rice is unchanged with both U.S. and world stocks tightening. Thailand remains the major world supplier with both India and Vietnam maintaining export bans. Thailand is moving old intervention stocks out to make room for new crop which should be available for market until their harvest which rice futures have initial support at the recent low of $11.71 with resistance at the contract high of $12.11. Cattle & Hogs  Date: October 30, 2007 Cattle As reported by Federal-State Market News, receipts were 1,846 head at sales in Fort Smith & Marshall.  Compared with last week, feeder steers sold $2-$4 lower, heifers $2-$5 lower . Steers:  Medium & Large Frame 1   400 to 450 lbs. 119 to 129   500 to 550 lbs. 107 to 117   600 to 700 lbs. 97 to 107  Medium & Large Frame 2   400 to 450 lbs. 104 to 114 Heifers:  Medium & Large Frame 1   400 to 450 lbs. 98 to 108  Medium & Large Frame 2   400 to 450 lbs. 86 to 96 Slaughter Cows, Boners 40   to   47 Light Weight 32 to 35 Bulls, Yield Grade   1   1000   to   2100 lbs.   54   to   60, high dressing 60-62 Midwest Steers   n/a   at   - - -   to   - - - Panhandle Steers   were $1-2.50 lower   at   90   to   91 Oklahoma City Feeders Steers 500 to 550 lbs. 118.75 to 127   600 to 650 lbs. 103 to 115 Heifers 500 to 550 lbs. 102.50 to 111   600 to 650 lbs. 95 to 106 Chicago Futures: Live Cattle: Dec up 37 at 9572   Feb up 47 at 9815 Feeders: Nov up 70 at 10995   Mar up 102 at 11015 Cattle Comment Cattle futures ended higher on indications the market is oversold. Tightening supplies of fed cattle are supportive, but beef is struggling to compete with cheaper pork and poultry. December futures have support around $94. Hogs Peoria: were     steady   at   33.5   to   34 Chicago Futures: Dec down 57 at 5390   Feb down 57 at 6062 Sheep St. Paul sheep shorn slaughter lambs   at   n/a   to   - - - Hogs Comment Hogs moved to new lows today. Seasonally larger supplies are expected in the near term and as cash prices fall, so will futures. Losses were limited somewhat by oversold conditions and futures’ discount to cash prices. Poultry  Date: October 30, 2007 Eggs New York:  Ex. Lg. 115-119; Lg. 113-117; Med. 102-106; Chicago:  Ex. Lg. 102-110; Lg. 100-108; Med. 91-99; Eastern Region Turkeys Hens: 8-16 lbs. 96-98 Toms: 16-24 lbs. 96-98   Delmarva Broilers U.S. Grade A Trade sentiment was mostly steady. Supplies of all sizes were not long, but usually sufficient for full 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_marketing/email/ ---------------------------------------- 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 Terms of Use

10/29/2007 Farm Bureau Market Report

Grain & Soybean Date: October 29, 2007

Soybeans

Local Elevators:
(Oct) EAST AR:  967 to 991
(NC) Summ. 973 to 997
River Elevators:
(Oct) MISS: 961 to 997 ; AR & White 973 to 986
(NC) Summ. 985 to 1025
Ark. Processor Bids: (Oct) 983 to 991  (NC) 997 to 1014
Memphis:  (Oct) 1000 to 1001 (NC)  n/a to - - -
Riceland Foods:  (Oct) Stuttgart 991 ; Pendleton 997 ; West Memphis 997

Chicago Futures:	Nov	up	15 1/2	at	1011
	Jan	up	15 1/2	at	1028 3/4
	Mar	up	16	at	1043 1/2
	Jul	up	18 1/2	at	1053
	Nov '08	up	9 1/4	at	980 1/4
	Today's Arkansas LDP rate for soybeans is:				0¢

Soybean Comment
Soybeans ended the day’s session just short of the contract high and appears on its way to new levels. The April ’04 high of $10.64 is the next major chart point that beans have in sight. A big jump in crude oil contributed to gains in soy oil and provided the basis for another strong close. This is all part of the battle for ’08 acreage – soybeans or corn. Be aware that the market may top at any time.

Wheat
Cash bid for October at Memphis  805 1/2 to 834 1/2;

Bids to farmers at Local Elevators	596-611;
River Elevators	603-617;

Chicago Futures:	Dec	up	28 1/2	at	828 1/2
	Mar	up	26	at	848
	May	up	23 1/2	at	808
	Jul '08	up	14 1/4	at	691 1/4
	Jul '09	up	16	at	689
	Today's Arkansas LDP rate for wheat is:				0¢

Grain Sorghum
Cash bid for October at Memphis  720 to 723;

Bids to farmers at River Elevators	645-707;
Today's Arkansas LDP rate for sorghum is:	0¢

Corn

Cash bid for	October at Memphis   394 to 396;
	new crop at Memphis   391 3/4 to - - -;
Bids to farmers at River Elevators	376 to 386

Chicago Futures:	Dec	up	4	at	376
	Mar	up	4 1/4	at	393
	May	up	3 3/4	at	402 3/4
	Dec '08	up	2 3/4	at	422 1/2
	Today's Arkansas LDP rate for corn is:				0¢

Grain Comment
Wheat futures gapped higher today, posting gains of more than 20 cents. Weakness in the dollar and increases in crude oil prices were supportive. News of demand from Iraq, Morocco, and India was also supportive. New crop July could challenge resistance at the contract high of $6.97, but old crop December is trending lower with resistance near $8.50.

---

Cotton & Rice  Date: October 29, 2007

Cotton

Spot Price, Grade 41 Staple 34:	Memphis up 14 at  6177
	Greenwood up  14 at 6177

New York Futures:	Dec	up	14	at	6477
	Mar	up	5	at	6920
	May	down	21	at	7070
	Jul	down	26	at	7205
	Dec '08	up	12	at	7585
This week's LDP rate for cotton is					0 cents
	The estimate for next week is				0 cents

Cotton Comment
Cotton traded in a narrow range with December again holding under 65 cents. Overall the market was mixed and shows the attitude of the trade with respect of ’07 and ’08. Ample supplies of ’07 cotton should keep a cap on the market at least for the near term. It will take renewed export interest, make that buying by China, to stimulate the market and move values to the next level. On the other hand, ’08 cotton might still get caught up in the bidding war for acreage. It looks like acreage could be cut another 10 percent if price doesn’t increase to the upper 70’s or lower 80’s for December ’08 futures.

Rice

Long Grain Cash Bid for	Nov/Dec	1048	to	1111/cwt
	- - -	- - -	to	- - -

Chicago Futures:	Nov	down	6 1/2	at	1158 1/2
	Jan	down	5	at	1195
	Mar	down	6	at	1225
	May	down	6	at	1246
	- - -		- - -	at	- - -
Today's Arkansas LDP rate for long grain rice is					0¢
medium grain rice is					0¢

Rice Comment
Rice continued in a consolidation pattern and actually ended the day lower. The rice trade seemed to pay little attention to the situation in beans and grain where futures are moving higher on a daily basis. At this point it appears there is not any concern about ’08 rice plantings. However, acreage could move to beans or even corn; some may have been planted in wheat or will be when it dries up. Rice is undervalued relative to wheat and world stocks continue to tighten. Looks like there is still upside potential in the making! Current resistance for Jan ’08 futures is the contract high of $12.11.

---

Cattle & Hogs  Date: October 29, 2007

Cattle
As reported by Federal-State Market News, receipts were 3,311 head at sales in Ash Flat & Springdale.  Compared with last week, feeder steers sold steady to $2 lower, heifers weak to $4 lower .

Steers:
Medium & Large Frame 1	400	to	450 lbs.	119	to	129
	500	to	550 lbs.	106	to	116
	600	to	700 lbs.	90.50	to	95
Medium & Large Frame 2	400	to	450 lbs.	106	to	116
Heifers:
Medium & Large Frame 1	400	to	450 lbs.	98	to	108
Medium & Large Frame 2	400	to	450 lbs.	95	to	105

Slaughter Cows, Boners 43   to   47.50
Light Weight 30 to 38
Bulls, Yield Grade   1   1000   to   2100 lbs.   52   to   57, high dressing 57.50-61.50
Midwest Steers   were $2-$.50 lower   at   90   to   93.50
Panhandle Steers   were $3-$.50 higher   at   89   to   93.50

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:	Dec	up	22	at	9535
	Feb	up	35	at	9767
Feeders:	Nov	up	25	at	10930
	Jan	up	65	at	11885

Cattle Comment
Cattle futures ended higher on indications the market is oversold. Tightening supplies of fed cattle are supportive, but beef is struggling to compete with cheaper pork and poultry. December futures have support around $94.

Hogs
Peoria: were     steady   at   33.5   to   34

Chicago Futures:	Dec	down	5	at	5447
	Feb	down	27	at	6120

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

Hogs Comment
Hogs were mixed as the market attempts to correct an oversold situation. Seasonally larger supplies are expected in the near term and as cash prices fall, so will futures. Friday’s contract low of $54.15 is support for December.

---

Poultry  Date: October 29, 2007

Eggs

New York:	Ex. Lg. 112-116; Lg. 110-114; Med. 99-103;
Chicago:	Ex. Lg. 102-110; Lg. 100-108; Med. 91-99;

Eastern Region Turkeys

Hens:	8-16 lbs.	95-98
Toms:	16-24 lbs.	95-98

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 supplies were moderate at mostly desirable weights.

10/26/2007 Farm Bureau Market Report

Click here to view this report online.

Grain & Soybean Date: October 26, 2007 Soybeans Local Elevators: (Oct) EAST AR:  947 to 971 (NC) Summ. 953 to 977 River Elevators: (Oct) MISS: 946 to 970 ; AR & White 957 to 970 (NC) Summ. 965 to 1008 Ark. Processor Bids: (Oct) 958 to 971  (NC) 977 to 998 Memphis:  (Oct) 979 1/2 to 980 1/2 (NC)  n/a to - - - Riceland Foods:  (Oct) Stuttgart 971 ; Pendleton 971 ; West Memphis 977 Chicago Futures: Nov up 3/4 at  995 1/2   Jan  up  3/4  at  1013 1/4   Mar up 3/4  at  1027 1/2   Jul up 1 1/2  at  1034 1/2   Nov '08 up 3 1/2  at  971   Today's Arkansas LDP rate for soybeans is: 0¢ Soybean Comment Soybeans lost most of the early gains, ending the day narrowly mixed. Early trading saw the market gap higher and made a potential move toward the contract high. As the day wore on, the market backfilled the gap and closed within the previous consolidation area. Corn ended the day and thus the week as the strongest of the grains. December appears ready to challenge the late September high of $3.89 ½. Wheat Cash bid for October at Memphis  778 to 800; Bids to farmers at Local Elevators 582-597; River Elevators 589-603; Chicago Futures: Dec down  2  at  800    Mar up 3/4  at  822    May up  4  at  784 1/2    Jul '08 up  14 1/2  at  677    Jul '09 up  9  at  673    Today's Arkansas LDP rate for wheat is: 0¢ Grain Sorghum Cash bid for October at Memphis  713 to 716; Bids to farmers at River Elevators 652-707; Today's Arkansas LDP rate for sorghum is: 0¢ Corn Cash bid for October at Memphis   391 to 392;   new crop at Memphis   388 1/2 to - - -; Bids to farmers at River Elevators  372 to 382 Chicago Futures: Dec up  5 3/4  at  372    Mar up  5 3/4  at  388 3/4    May up  6 1/2  at  399    Dec '08 up  4 1/2  at  419 3/4    Today's Arkansas LDP rate for corn is: 0¢ Grain Comment Old crop wheat posted losses again today, but new crop contracts posted double digit gains. The trend for old crop is solidly lower, but is more sideways for new crop contracts. Yesterday’s low of $6.49 is the first level of support for July. Cotton & Rice  Date: October 26, 2007 Cotton Spot Price, Grade 41 Staple 34: Memphis up 74 at  6163   Greenwood up  74 at 6163 New York Futures: Dec up  24  at  6463    Mar up  27  at  6915    May up  53  at  7091    Jul up  56  at  7231    Dec '08 up  48  at  7573  This week's LDP rate for cotton is  0 cents   The estimate for next week is  0 cents Cotton Comment December cotton was higher again today as the market moved back to the top of a narrow consolidation as that has contained trade for the last two weeks. A larger Chinese crop and an upward adjustment in their stocks suggest a more difficult market situation near term. While USDA left Chinese import needs at 15 million bales they have more wiggle room and a greater opportunity to delay purchases. Upside for old crop seems limited until well into the new year, however, the need to buy acreage back for cotton should stimulate ’08 futures which could pull old crop with it, but at a much slower pace. There is already an almost 1100 point spread between the two crops. For now, look for old crop to move in the 60-65 cent range. Rice Long Grain Cash Bid for  Oct/Nov 1042  to  1055/cwt   - - - - - -  to  - - - Chicago Futures: Nov up  5  at  1165    Jan up  6  at  1200    Mar up  5  at  1231    May up  7  at  1252    - - -   - - -  at  - - -  Today's Arkansas LDP rate for long grain rice is  0¢ medium grain rice is  0¢ Rice Comment Rice was a little higher for the day, but remained in a 40 cent trading range that has contained movement for the last five weeks. Strong export demand for U.S. rough rice and increased milled sales are keeping the market undertone firm. On the world level, Thailand remains the only major supplier with both Vietnam and India having banned further export sales at this time. Freight rates are a key component of sales as reports indicate costs have tripled in the last year. Supplies will increase as the Thai harvest nears and Vietnam’s major harvest will come in February. Overall supplies will remain tight. November futures have resistance at the $11.78 contract high with support at $11.40. Cattle & Hogs  Date: October 26, 2007 Cattle As reported by Federal-State Market News, receipts were 9,520 head at sales in Arkansas this week.  Compared with last week, feeder steers sold steady to $1 higher, heifers weak to $3 lower . Steers:  Medium & Large Frame 1   400 to 450 lbs. 118 to 128   500 to 550 lbs. 106 to 116   600 to 700 lbs. 99 to 109  Medium & Large Frame 2   400 to 450 lbs. 107 to 117 Heifers:  Medium & Large Frame 1   400 to 450 lbs. 100 to 110  Medium & Large Frame 2   400 to 450 lbs. 94 to 104 Slaughter Cows, Boners 43   to   48 Light Weight 30 to 37 Bulls, Yield Grade   1   1000   to   2100 lbs.   54   to   60, high dressing 60-64.50 Midwest Steers   were $2 higher   at   92   to   93 Panhandle Steers   were $2 higher   at   92   to   93 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: Dec down 112 at 9512   Feb down 72 at 9732 Feeders: Jan down 157 at 1082   Mar down 130 at 1087 Cattle Comment Cattle futures were lower across the board. Signs of a weakening economy are negative for cattle futures because Americans will have less to spend on food. Strength in corn futures weighed on feeders. December futures fell through support at $95.55, and now look likely to retest the summer low of $94.25. Hogs Peoria: were     steady   at   33.5   to   34 Chicago Futures: Dec down 7 at 5452   Feb down 17 at 6147 Sheep St. Paul sheep shorn slaughter lambs   at   n/a   to   - - - Hogs Comment Hogs were again lower. Seasonally larger supplies are expected in the near term and as cash prices fall, so will futures. December set a new contract low of $54.15 in today’s trade. Poultry  Date: October 26, 2007 Eggs New York:  Ex. Lg. 112-116; Lg. 110-114; Med. 99-103; Chicago:  Ex. Lg. 101-109; Lg. 99-107; Med. 90-98; Eastern Region Turkeys Hens: 8-16 lbs. 94-98 Toms: 16-24 lbs. 94-98   Delmarva Broilers U.S. Grade A Trade sentiment was weak in the West, but mostly steady elsewhere. Supplies were in fair balance, but still fully sufficient for trade needs. 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_marketing/email/ ---------------------------------------- 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 Terms of Use

FWD: Morning Manna (Oct. 26); BP: Is. 40:1-11; RBTTY: I Tim. 6; Jer. 9-11

 
Samuel D. High
sdhigh@aristotle.net

 

---

-----Original Message-----
From: "Apostle Tom" <pressingon@hotmail.com>
Sent: Thu, 25 Oct 2007 05:09:57 -0500
To: pressingon@hotmail.com
Subject: Morning Manna (Oct. 26); BP: Is. 40:1-11; RBTTY: I Tim. 6; Jer. 9-11
 
 
October 26 “A Highway for our God”  
 
“The voice of him that cries in the wilderness, ‘Prepare the Way of the  
Lord; make straight in the desert a Highway for our God’.”  
Isaiah 40:3  
It’s a cooperative effort—but the end-result is always for God’s Glory.  
Road-building is a massive, yet marvelous undertaking. Where once  
stood seemingly untamed wilderness or insurmountable obstacles will one day  
contain a beautiful thoroughfare of ease for travelers. And, in reality,  
that’s the message contained in this precious Manna from God’s Word.  
 
Although our minds immediately think of John the Baptist when we read  
these words (Jn. 1:23), we realize he was simply echoing God’s message  
revealed here in Isaiah. Does that mean the adage “There’s nothing new  
under the sun” applies here? No, not really; it’s simply shows the eternal  
nature of God’s desire and declaration in every generation.  
 
After Adam and Eve sinned, the Lord God’s message moved from “Enjoy My  
fellowship” to “Prepare the way of the Lord.” You see, their sins  
precipitated our need—for we, like them, are sinners by nature and by  
choice. We, like them, are “all like sheep who have gone astray and turned  
every one to his own way” (Is. 53:6a).  
 
Thus, instead of fellowshipping with God, we war against Him. Instead  
of loving Him, we forsake Him. Instead of surrendering to His loving  
embrace, we prefer the life of the prodigal son, the lights and loud music  
of “the far country, where we waste our resources with riotous living” (Lk.  
15:13).  
 
Should we be surprised, then, that we, like the prodigal son, soon  
discover there’s a “mighty famine in the land and we begin to be in want  
after spending everything on wine, women and song” (Lk. 15:14)?  
 
No, we shouldn’t be surprised—for such is always “the wages of sin”  
(Rom. 6:23).  
That’s why the Lord gives today’s Manna to everyone who knows and loves  
Him. You see, we’re all that “voice crying in the wilderness”—especially in  
this day-and-age that much prefers the world’s glitter over God’s Glory.  
But do not fret or fear, weary one. Instead, rest in the One Who has called  
you and be faithful. Cry aloud. . .insistently and incessantly, “Prepare  
the Way of the Lord; make straight in the desert a Highway for our God.”  
 
Like a road-builder, our obstacles may be many (in the form of  
hard-hearted, unreceptive relatives or friends); yet, remember: The same  
One Who calls us is the same One Who equips us and the same One Who will say  
“Well done, good and faithful servant. You have been faithful in a few  
things. I will make you ruler over many things. Enter now into the joy of  
your Lord” (Mt. 25:23). Remember: Few listen to a solitary voice in the  
wilderness—but God does. And, few appreciate the long hours and hard work  
of a road-builder UNTIL the job is finished. Be faithful, Pilgrim. The  
Lord will soon come and use the Highway you’ve prepared for Him.  
 
_________________________________________________________________  
Spiderman 3 Spin to Win! Your chance to win $50,000 & many other great  
prizes! Play now! http://spiderman3.msn.com  
 
 
 

10/25/2007 Farm Bureau Market Report

Click here to view this report online.

Grain & Soybean Date: October 25, 2007 Soybeans Local Elevators: (Oct) EAST AR:  946 to 970 (NC) Summ. 952 to 976 River Elevators: (Oct) MISS: 945 to 976 ; AR & White 952 to 971 (NC) Summ. 964 to 1006 Ark. Processor Bids: (Oct) 957 to 970  (NC) 976 to 998 Memphis:  (Oct) 977 3/4 to 978 3/4 (NC)  - - - to - - - Riceland Foods:  (Oct) Stuttgart 970 ; Pendleton 970 ; West Memphis 976 Chicago Futures: Nov up 18 1/2 at  994 3/4   Jan  up  18 3/4  at  1012 1/2   March up 18 3/4  at  1026 3/4   July up 19  at  1036   Nov '08 up 13 1/2  at  967 1/2   Today's Arkansas LDP rate for soybeans is: 0¢ Soybean Comment Soybeans were sharply higher, buoyed by strength in soy oil. Big gains in crude oil have rekindled thinking about biodiesel and other renewable fuels. November futures are again testing resistance at the top of the consolidation area that has developed over the last 3 weeks. A close above $9.96 will likely bring another test of resistance at the $10.17 ½ contract high. Wheat Cash bid for October at Memphis  780 to 787; Bids to farmers at Local Elevators 568-583; River Elevators 575-588; Chicago Futures: Dec down  9  at  802    March down 10 1/4  at  821 1/4    May down  8 3/4  at  780 1/2    July '08 up  4 3/4  at  662 1/2    July '09 up  11  at  664    Today's Arkansas LDP rate for wheat is: 0¢ Grain Sorghum Cash bid for October at Memphis  693 to 699; Bids to farmers at River Elevators 614-677; Today's Arkansas LDP rate for sorghum is: 0¢ Corn Cash bid for October at Memphis   382 1/4 to 386 1/4;   New crop at Memphis   383 to - - -; Bids to farmers at River Elevators  366 to 376 Chicago Futures: Dec up  9 3/4  at  366 1/4    March up  9 1/2  at  383    May up  9  at  392 1/2    Dec '08 up  10 3/4  at  415 1/4    Today's Arkansas LDP rate for corn is: 0¢ Grain Comment Old crop wheat posted losses again today, but new crop contracts were supported by carryover strength from soybeans. Export sales of 20.4 million bushels for the week provided some support. The trend is now lower for all wheat contracts. New crop July has support beginning at $6.55. Cotton & Rice  Date: October 25, 2007 Cotton Spot Price, Grade 41 Staple 34: Memphis up 57 at  6089   Greenwood up  57 at 6089 New York Futures: Dec up  57  at  6439    March up  72  at  6888    May up  72  at  7038    July up  69  at  7175    Dec '08 up  60  at  7525  This week's LDP rate for cotton is  0 cents   The estimate for next week is  0 cents Cotton Comment December cotton recouped a portion of yesterday’s decline but remains in a sideway trend. A larger Chinese crop and an upward adjustment in their stocks suggest a more difficult market situation near term. While USDA left Chinese import needs at 15 million bales they have more wiggle room and a greater opportunity to delay purchases. Upside for old crop seems limited until well into the new year, however, the need to buy acreage back for cotton should stimulate ’08 futures which could pull old crop with it, but at a much slower pace. There is already an almost 1100 point spread between the two crops. For now, look for old crop to move in the 60-65 cent range. Rice Long Grain Cash Bid for  Oct/Nov 1042  to  1050/cwt   Dec 1042  to  1050/cwt Chicago Futures: Nov up  4  at  1160    Jan up  5  at  1194    March up  6  at  1226    May up  5  at  1245    - - -   - - -  at  - - -  Today's Arkansas LDP rate for long grain rice is  0¢ medium grain rice is  0¢ Rice Comment Rice was a little higher for the day, but remained in a 40 cent trading range that has contained movement for the last five weeks. Strong export demand for U.S. rough rice and increased milled sales are keeping the market undertone firm. On the world level, Thailand remains the only major supplier with both Vietnam and India having banned further export sales at this time. Freight rates are a key component of sales as reports indicate costs have tripled in the last year. Supplies will increase as the Thai harvest nears and Vietnam’s major harvest will come in February. Overall supplies will remain tight. November futures have resistance at the $11.78 contract high with support at $11.40. Cattle & Hogs  Date: October 25, 2007 Cattle As reported by Federal-State Market News, receipts were 2334 head at sales in Charlotte, Green Forest & Ola.  Compared with last week, feeder steers sold $2 to $5 lower, heifers $3 to $6 lower . Steers:  Medium & Large Frame 1   400 to 450 lbs. 113 to 123   500 to 550 lbs. 104 to 114   600 to 700 lbs. 99 to 109  Medium & Large Frame 2   400 to 450 lbs. 112.5 to 120 Heifers:  Medium & Large Frame 1   500 to 550 lbs. 92 to 102  Medium & Large Frame 2   400 to 450 lbs. 95 to 105 Slaughter Cows, Boners 44   to   48 Light Weight 32 to 39 Bulls, Yield Grade   1   1000   to   2100 lbs.   54   to   58.50 Midwest Steers   were steady   at   90   to   91 Panhandle Steers   were steady   at   90   to   91 Oklahoma City Feeders Steers 450 to 500 lbs. 117 to 123   550 to 600 lbs. 111.50 to 122.50 Heifers 500 to 550 lbs. 105 to 109   550 to 600 lbs. 108.50 to - - - Chicago Futures: Live Cattle: Dec up 37 at 9625   Feb up 37 at 9805 Feeders: Nov down 5 at 11045   Jan down 27 at 10977 Cattle Comment Cattle futures were mixed. Signs of a weakening economy are negative for cattle futures because Americans will have less to spend on food. Strength in corn futures weighed on feeders. December futures are headed toward a retest of support at the recent low of $95.55. Hogs Peoria: were     steady   at   33.5   to   34 Chicago Futures: Dec down 75 at 5460   Feb down 70 at 6165 Sheep St. Paul n/a   at   - - -   to   - - - Hogs Comment Hogs were again lower. Seasonally larger supplies are expected in the near term and as cash prices fall, so will futures. December looks to be headed for a retest of the contract low of $54.50. Poultry  Date: October 25, 2007 Eggs New York:  Ex. Lg. 112-116; Lg. 110-114; Med. 99-103; Chicago:  Ex. Lg. 101-109; Lg. 99-107; Med. 90-98; Eastern Region Turkeys Hens: 8-16 lbs. 94-98 Toms: 16-24 lbs. 94-98   Delmarva Broilers U.S. Grade A Movement of ready to cook whole birds was light to moderate. Offerings were at least sufficient for current trade needs. Live supplies were moderate; weights were mostly desirable. Processing schedules ranged from moderate to moderately heavy. Less than trucklot asking prices remained unchanged at 69 to 83 cents. Trade sentiment was mostly steady. ---------------------------------------- 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_marketing/email/ ---------------------------------------- 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