1

Sunday, April 22, 2007

FWD: Morning Manna (Apr. 22); BP: Jn. 20:26-29; RBTTY: Lk. 17:1-19; II Sam.14-15

Samuel D. High
sdhigh@aristotle.net

-----Original Message-----
From: "Apostle Tom" <pressingon@hotmail.com>
Sent: Sat, 21 Apr 2007 18:35:43 -0500
To: pressingon@hotmail.com
Subject: Morning Manna (Apr. 22); BP: Jn. 20:26-29; RBTTY: Lk. 17:1-19; II Sam.14-15

April 22 “Lord, I Believe”

“And after eight days again His disciples were within and Thomas was with
them; then came Jesus, the doors being shut, and stood in the midst and
said, ‘Peace be unto you.’ Then said He to Thomas, ‘Reach here your finger
and behold My hands. And reach here your hand and thrust it into My
side—and be not faithless, but believing.’ And Thomas answered and said
unto Him, ‘My Lord and my God.’ Jesus said unto him, ‘Thomas, because you
have seen Me, you have believed; blessed are they that have not seen and yet
have believed’.”
John 20:26-29
He has a way of meeting us where we are and moving us to where we need
to be.
Those eight days from the first time Jesus appeared to His disciples
until today’s Manna must have seemed like an eternity to Thomas. He felt so
“left out” as the other disciples “compared notes” about Jesus’ appearance
to them. How he regretted not having been present that night (v.24) and
longed to see his Savior firsthand.

Thus, we shouldn’t be surprised that Jesus once again suddenly appeared
in their midst—and once again said the same words to them that He’d said the
first time (vv.19-21). Such was the nature of this Prince of Peace.
However, it’s quite possible He reduplicated His greeting more for the sake
of Thomas than the others.

It’s also interesting that our Lord immediately focused His attention
on Thomas during that appearance. He knew what he’d said eight days ago
(v.25). He knew his insistence on seeing and touching His hands and side.
That’s why He said what He did when He stood before this startled Apostle.

But, the weeping “Twin” didn’t need to touch those still-tender wounds.
The sight of his Risen Lord caused him to give the cry of the ages: “My
Lord and my God!” For Thomas, Jesus was no longer a great Teacher or
“mighty prophet in word and deed” (Lk. 24:19); instead, He was “HIS Lord and
HIS God.” Hallelujah!!

Oh, dear Pilgrim, when Christ really “comes alive” in our own lives, He
becomes both a personal and powerful Reality for us. No longer do we need
someone to tell us about Him, what He’s done for us or what He can do for
us, etc. A thousand times no! Instead, we can boldly stand and declare
with great confidence, “This is what Jesus has done in my life—and I know He
can do it in yours too!”

How wonderful it is when we can say “The Lord is MY Shepherd; I shall
not want” (Ps. 23:1) or “The Lord is MY Light and MY Salvation; whom shall I
fear? The Lord is the Strength of MY life; of whom shall I be afraid?” (Ps.
27:1). That’s what enabled Paul to say, “. . .for I know Whom I have
believed and am persuaded (Grk. ‘peitho’—‘convinced, to rely upon, be
assured of, have confidence in, etc.’) that HE IS ABLE to keep that which
I’ve committed unto Him against that day” (II Tim. 1:12b).

Jesus’ response to Thomas’ confession of faith is a beautiful one:
“Because you’ve seen Me, you’re blessed; but even more blessed are those who
haven’t seen Me and yet believe.” May the Lord help us today to be one of
these “blessed believers.”

_________________________________________________________________
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Friday, April 20, 2007

FWD: Morning Manna for Apr. 20 & 21

Samuel D. High
sdhigh@aristotle.net

-----Original Message-----
From: "Apostle Tom" <pressingon@hotmail.com>
Sent: Thu, 19 Apr 2007 05:21:52 -0500
To: pressingon@hotmail.com
Subject: Morning Manna for Apr. 20 & 21

HELLO AGAIN, PILGRIM:
Greetings once again in Jesus' Precious Name! As always I pray you're
continuing to grow in God's grace and moving deeper in His life and love.
I'll be out-of-pocket e-mail-wise the next couple of days, so am sending the
next two days' "Morning Manna" to you in one mailing. May the Lord Jesus
continue using them to minister to you. Take care. God bless you.
In Jesus' Incomparable Love,
Bro. Tom

Morning Manna (Apr. 20); BP: Jn. 20:19-25; RBTTY: Lk. 16; II Sam. 12-13

April 20 “Our Serendipitous Savior”

“Then, the same day at evening, being the first day of the week, when the
doors were shut where the disciples were assembled for fear of the Jews,
came Jesus and stood in the midst and said unto them, ‘Peace be unto you.’
And, when He had so said, He showed unto them His hands and His side. Then
were the disciples glad when they saw the Lord.”
John 20:19-20
When we least expect Him, He shows up.
No doubt the arrival of the two out-of-breath disciples from Emmaus
that night somewhat alarmed the disciples huddled in that room behind locked
doors. They’d just sent them on their way earlier in the afternoon and
never expected to see them back so soon (Lk. 24:13). And, they certainly
weren’t prepared for what the overly-excited, highly-animated disciples had
to say:

“The Lord is risen indeed! And has appeared to Simon!!” (Lk. 24:34).
No doubt the shocked co-laborers stared in astonishment and asked,
“What? What did you say?!?”
And, it was about that very moment when suddenly. . .out of nowhere. .
.Jesus appeared in their midst. There was no knock at the door. There was
no tapping at one of the windows. Suddenly, He was there—right in the
middle of the room!

Why, you’d thought they’d seen a ghost—so great was their fright and
amazement.
Perhaps that’s why He quickly said, “Peace be unto you” and then showed
them His pierced hands and side. Fear has a way of quenching faith,
especially when it comes upon us suddenly; thus, Jesus’ offering them some
tangible, visible “proof” of His identity was intended to calm them down,
along with His words of peace.

Jesus’ appearing in their midst was just as sudden as His earlier
departure from the supper table in Emmaus. Was He engaged in some type of
spiritual cat-n-mouse game with them? Was He delighting in seeing their
faces at such actions? Or, was He preparing them for the time when He’d
return Home and His Holy Spirit would be their Unseen Partner as they went
into all the world?

It really doesn’t matter, does it?
No, not really. What does matter is our Lord is a “Serendipitous
Savior”—i.e., one that has a way of coming to us in our hour of need in some
very unexpected, unusual and unanticipated ways. Simply put, He’s not a God
we can put in a box or One Who is predictable and easily summonsed by some
rote ritual or religious formula.

Instead, as He told Nicodemus that night He is “like the wind” (Jn.
3:8). We can’t see the wind, though we can see its moving through the
boughs of a tree. We can’t catch the wind, though we can feel it brushing
against our cheek or cooling our brow. We can’t control the wind, but we
can avail ourselves of its power in moving a sailboat across a lake,
generating electricity or pumping water. And, so it is with our Savior.
There are times when we think He’s far away; but, then, quietly—almost
imperceptibly—we feel Him “brush up against us” and know all is well.
Hallelujah!! What a Savior!!

Morning Manna (Apr. 22); BP: Jn. 20:26-29; RBTTY: Lk. 17:1-19; II Sam. 14-15

April 22 “Lord, I Believe”

“And after eight days again His disciples were within and Thomas was with
them; then came Jesus, the doors being shut, and stood in the midst and
said, ‘Peace be unto you.’ Then said He to Thomas, ‘Reach here your finger
and behold My hands. And reach here your hand and thrust it into My
side—and be not faithless, but believing.’ And Thomas answered and said
unto Him, ‘My Lord and my God.’ Jesus said unto him, ‘Thomas, because you
have seen Me, you have believed; blessed are they that have not seen and yet
have believed’.”
John 20:26-29
He has a way of meeting us where we are and moving us to where we need
to be.
Those eight days from the first time Jesus appeared to His disciples
until today’s Manna must have seemed like an eternity to Thomas. He felt so
“left out” as the other disciples “compared notes” about Jesus’ appearance
to them. How he regretted not having been present that night (v.24) and
longed to see his Savior firsthand.

Thus, we shouldn’t be surprised that Jesus once again suddenly appeared
in their midst—and once again said the same words to them that He’d said the
first time (vv.19-21). Such was the nature of this Prince of Peace.
However, it’s quite possible He reduplicated His greeting more for the sake
of Thomas than the others.

It’s also interesting that our Lord immediately focused His attention
on Thomas during that appearance. He knew what he’d said eight days ago
(v.25). He knew his insistence on seeing and touching His hands and side.
That’s why He said what He did when He stood before this startled Apostle.

But, the weeping “Twin” didn’t need to touch those still-tender wounds.
The sight of his Risen Lord caused him to give the cry of the ages: “My
Lord and my God!” For Thomas, Jesus was no longer a great Teacher or
“mighty prophet in word and deed” (Lk. 24:19); instead, He was “HIS Lord and
HIS God.” Hallelujah!!

Oh, dear Pilgrim, when Christ really “comes alive” in our own lives, He
becomes both a personal and powerful Reality for us. No longer do we need
someone to tell us about Him, what He’s done for us or what He can do for
us, etc. A thousand times no! Instead, we can boldly stand and declare
with great confidence, “This is what Jesus has done in my life—and I know He
can do it in yours too!”

How wonderful it is when we can say “The Lord is MY Shepherd; I shall
not want” (Ps. 23:1) or “The Lord is MY Light and MY Salvation; whom shall I
fear? The Lord is the Strength of MY life; of whom shall I be afraid?” (Ps.
27:1). That’s what enabled Paul to say, “. . .for I know Whom I have
believed and am persuaded (Grk. ‘peitho’—‘convinced, to rely upon, be
assured of, have confidence in, etc.’) that HE IS ABLE to keep that which
I’ve committed unto Him against that day” (II Tim. 1:12b).

Jesus’ response to Thomas’ confession of faith is a beautiful one:
“Because you’ve seen Me, you’re blessed; but even more blessed are those who
haven’t seen Me and yet believe.” May the Lord help us today to be one of
these “blessed believers.”

_________________________________________________________________
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4/20/2007 FB Market Report

ARKANSAS FARM BUREAU ELECTRONIC NEWSLETTER
Daily Arkansas Market Report for 4/20/2007
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Grain & Soybean Date: April 20, 2007

Soybeans

Local Elevators:
(Apr) EAST AR: 672 to 699
(NC) Summ. 711 to 734
River Elevators
(Apr) MISS: 688 to 702 ; AR & White 680 to 700
(NC) Summ. 711 to 734
Ark. Processor Bids: (Apr) 691 to 698 (NC) 731 to 734
Memphis: (Apr) 709 1/4 to 711 1/4 (NC) 729 1/2 to 737 1/2
Riceland Foods: (NC) Stuttgart 698 ; Pendleton 699 ; West Memphis 700
Chicago Futures: May up 5 at 723 1/4
Jul up 5 1/4 at 740 1/4
Aug up 4 3/4 at 747
Nov up 5 1/2 at 767 1/2
Nov '08 up 8 at 801 1/2
Today's Arkansas LDP rate for soybeans is 0¢

Wheat
Cash bid for new crop at Memphis 484 3/4 to 486 3/4;
Bids to farmers at Local Elevators 459-469;
River Elevators 457-475;

Chicago Futures: May up 6 at 502
Jul up 7 at 514 3/4
Sep up 7 at 516 3/4
Jul '08 unchanged at 493
Jul '09 down 3 1/2 at 490 1/2
Today's Arkansas LDP rate for wheat is 0¢

Grain Sorghum
Cash bid for new crop at Memphis 562 to 583;
Bids to farmers at
River Elevators 530-595;
Today's Arkansas LDP rate for sorghum is 0¢

Corn
Cash bid for April at Memphis 361 1/2 to 366 1/2;
New crop at Memphis 332 1/2 to 335 1/2;
Bids to farmers at River Elevators 339 to 352

Chicago Futures: May down 10 3/4 at 360 1/2
Sep down 6 3/4 at 370 1/2
Dec down 5 1/4 at 374 3/4
Dec '08 down 1 1/2 at 384 1/4
Today's Arkansas LDP rate for corn is 0¢

Grain Comment
November soybeans continue to feel losses from Tuesday's declines. However, soybeans and corn have been unable to sustain any kind of price trend. Soybeans are likely to come under pressure in the coming weeks if the quality of the winter wheat crop continues to deteriorate, as wheat may be tilled up to plant soybeans. Any increases in soybean area would not be good news for a market that is already expecting a record carryover into next year. November soybeans have still not filled the price gap left in January, which technically speaking gives soybeans an upside potential of $8.80. However, if news of more soybeans begins to materialize, soybeans will have a hard time moving higher.

July wheat experienced another day of solid gains. Prices are beginning to approach contract highs of $5.18. If weather in the plains states continue to deteriorate over the weekend with the forecast storms there, then we may see new highs on Monday. Wheat prices have seen strong gains since the first of April, when prices dipped to $4.42. At that time wheat outlook was very positive, what a difference a couple of weeks makes. Now many farmers and traders are wondering if there will even be a wheat crop.

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Cotton & Rice Date: April 20, 2007

Cotton
Spot Price, Grade 41 Staple 34: Memphis up 76 at 4734
Greenwood up 76 at 4734

New York Futures: May up 49 at 4964
Jul up 76 at 5209
Oct up 65 at 5520
Dec up 63 at 5695
Dec '08 up 60 at 6395
This week's LDP rate for cotton is 9.65 cents.
The estimate for next week is 10.06 cents.

Cotton Comment
December cotton can't decide what it wants to do. Today cotton price saw a modest increase. A day after exports sales showed strongest sales of the season cotton prices post modest gains. Prices will likely continue to be very volatile as this year's carryover continues to rise and next year's crop declines. The U.S. piracy suit against China in the WTO is not what the cotton industry wants to hear. U.S. cotton exports to China are already having a difficult time competing with Indian cotton in that market. If the case begins to effect trade we could see U.S. exports weaken further, which would not be good news for this sensitive market.

Rice
Long Grain Cash Bid for Apr/May 914/cwt to - - -
n/a - - - to - - -

Chicago Futures: May up 2 at 1009
Jul up 1 at 1048
Sep down 1 at 1078
Nov up 3 at 1108
Today's Arkansas LDP rate for long grain rice is is 0¢ cents
medium grain rice is 0¢ cents

Rice Comment
Rice saw little action today and closed up marginally. Since rebounding from declines in late March, rice prices have traded mostly sideways. There has been little news from a fundamental standpoint to drive the price higher. The winter freeze suffered by other crops had little effect on rice leaving rice to trade more on the technical aspects. The marginal gains experienced today were not enough to complete the potential head and shoulders. A close above $11.23 to $11.28 would complete the head and shoulders with an upside objective around $11.80 or so. However, there is additional resistance at $11.40 and the contract high of $11.58.
--------------------------------------------------------------------------

Cattle & Hogs Date: April 20, 2007

Cattle
As reported by Federal-State Market News, receipts were 9,770 head at sales in Arkansas this week.
Compared with last week, feeder steers sold $2-$6 lower.

Steers:
Medium & Large Frame 1 400 to 450 lbs. 125 to 135
500 to 550 lbs. 114 to 124
600 to 700 lbs. 101 to 111
to lbs. to
Medium & Large Frame 2 400 to 450 lbs. 115 to 125

Heifers:
Medium & Large Frame 1 400 to 450 lbs. 111 to 121
Medium & Large Frame 2 400 to 450 lbs. 104 to 114

Slaughter Cows, Boners 46 to 53
Light Weight 38 to 44

Bulls, Yield Grade 1 1000 to 2100 lbs. 58 to 65, high dressing 65-68.50
Midwest Steers were $1-$1.50 higher at 96 to 96.50
Panhandle Steers were $1-$1.50 higher at 96 to 96.50
Oklahoma City Feeders Steers 500 to 550 lbs. 119 to 132
600 to 650 lbs. 108.50 to 125
Heifers 500 to 550 lbs. 108 to 123
600 to 650 lbs. 97 to 115

Chicago Futures:
Live Cattle: Jun down 45 at 9227
Aug down 20 at 9062
Feeders: May down 62 at 10745
Aug down 40 at 11075

Hogs
Peoria: were unchanged at 44.5 to 46
Chicago Futures: May down 10 at 7657
Jun down 55 at 7705

Sheep
St. Paul Sheep shorn slaughter lambs choice end prime 110-125 lbs. were at n/a to - - -

Livestock Comment
Live cattle cannot find any support to pull prices out of their current slump. Prices continue to flirt with support levels at $91 - $92. After the markets closed this afternoon packers got the news they had been looking for. USDA report showed cattle-on-feed placements up 7 percent from 2006 levels and 12 percent from 2005 at 1.97 million head. This should add some downward pressure on Monday's market. If prices breach the $91 support level, the next support level is at $89.

After giving up most of yesterday's gains, lean hogs managed to battle back to close with only modest losses. Today's late bounce could carryover into Monday and add some support to prices. Today's declines were the result of negative packer margins reportedly causing packers to reduce their demand for hogs, which in turn weakened hog cash prices. However, packers are unlikely to sustain this weak demand as they are reportedly under bought for next week's slaughter.

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Poultry Date: April 20, 2007

Eggs
New York: Ex. Lg. 96-100; Lg. 94-98; Med. 81-85;
Chicago: Ex. Lg. 78-86; Lg. 76-84; Med. 60-68;

Eastern Region Turkeys
Hens: 8-16 lbs. 74-76
Toms: 16-24 lbs. 74-76

Delmarva Broilers
U.S. Grade A
Majority prices for next week were iregular, trending higher in the West, lower in the East, and unchanged in the Midwest. Supplies of all sizes were adequate to ample for trade needs. In prodcution areas, live supplies were moderate. Weights were in a full range, but mostly desirable.

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QUESTIONS OR COMMENTS?

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501-224-4400

--------------------------------------------------------------------------

Bi-Weekly Market Briefings for 04-20-07

ARKANSAS FARM BUREAU ELECTRONIC NEWSLETTER
Bi-Weekly Market Briefings for 04-20-07
--------------------------------------------------------------------------

http://www.arfb.com

The Cotton outlook is dreary. The latest USDA report and subsequent weather have done little to offer producers relief.
The USDA reduced China's projected import needs and simultaneously adjusted U.S. exports and domestic use. That raised projected U.S. ending stocks to 9.2 million bales.
Meanwhile, a severe cold snap following an unusually mild March severely damaged early corn and potentially pushed some acres back toward cotton. Even 12.2 million acres in projected U.S. plantings didn't offer much relief, with many anticipating further upward adjustments in the expected carryover.
Possible U.S. challenges in the WTO on Chinese piracy issues may mean less cotton exports as that nation finds ways to retaliate.
Talk about losing both ends, Brazil wins a WTO case against U.S. cotton, and China uses cotton to retaliate for our WTO challenges.
Old-crop cotton has dropped to new contract lows and has little support until just below 48 cents, the October '06 low. December finally has penetrated support at 58 cents and might retest support at the 56.27-cent contract low.

Rice has a potential technical upside. This month's USDA reports have provided little fresh information for the market. A 1 million-hundredweight rise in imports resulted in the same increase in U.S. projected ending stocks.
World numbers were virtually unchanged, as well.
The Easter cold snap may have caused some damage, but overall it's probably minor. Milled exports remain slow, and mills are generally operating well below capacity.
A negative is that inspectors found a shipment of bagged rice for Sweden to contain traces of biogenetic material. So all in all, fundamentals have a bearish hint, especially old crop.
However, new-crop November has a possible developing head and shoulders bottom. If completed, it will have an upside objective at $11.80.
Support is at $10.96, then at the recent $10.65 low.

Corn use has declined. The April USDA Report quantified, to some degree, price's impact on corn use the first quarter of '07.
While expected, the April report trimmed use by 125 million bushels and boosted carryover to 877 million — not a lot when you're looking at a potential demand in the '07–08 marketing year of well over 12 billion bushels.
It did stop the rally that had retraced most of the late March planting intentions slide.
The extreme Easter weather has caused some damage to early March corn and can trim acreage, since seed corn is scarce. In the Midwest, cold, wet weather can affect overall acreage if it doesn't improve immediately.
September resistance is at $3.90–$4. Support is $3.60–$3.70.

Big Soybean stocks have tempered upside potential. The USDA had a little surprise for the market in its April Report.
Smaller U.S. crush and slowing exports, combined with a growing South American crop, resulted in a 20 million-bushel rise in expected ending stocks, to 615 million. Times past, that would've been enough to push beans sharply lower.
Now, the world needs the beans, however, and the market has dropped to a prior point of resistance just below $7.80. That support continues to hold, because improving long range weather forecasts can see substantial corn planted in the coming weeks.
If that doesn't happen, acreage probably will move back to beans — and that might lead to more pressure on soybeans. Next key support is $7.45, the top of the January report gap.

˜Wheat has sustained freeze damage. Although the damage to soft red wheat in the Mid-South and Southeast appears extreme, the jury is still out on actual damage in the major hard wheat producing areas.
That grain was damaged, but it was not as far along and might still do well.
Many experts point to the 1996 freeze, when the crop was thought to be documented, yet recovered to make near-record yields. No doubt, the market will remain on point — and any indication of more weather problems may send price higher.
For now, July Futures seem to have adjusted. We might see a retest of the $5.18 contract high, but moving above $5 will be tough.
Support starts at $4.65.

In the Dairy sector, Milk's uniform blend price is higher. It was $16.54 a hundredweight at 3.5 percent butterfat for March.
The blend price is 86 cents higher than the previous month and $2.77 higher than March '06.
This past March is the ninth consecutive month that the uniform blend price has risen.
Class I utilization was 58.78 percent in March, a slight 0.14-percent increase, compared to the month before and 4.67 percent higher than March 2006.
The Milk-Feed Price Ratio, how many pounds of 16-percent mixed dairy feed equal one pound of whole milk in value, was 2.41:1 in March. That is an increase of 0.10 from last month, but 0.29 less than March 2006.

Cattle prices have seen a lot of volatility over the past few weeks. June price declines are now toying with support levels at $91.
If prices break this level, the next support is at $87–$88.

Hog prices have been choppy the last few weeks. They've found support on the notion that supplies are tight. Demand for hogs has continued to rise as summer approaches.
However, given the situation in the grain and cattle market, prices are having a hard time gaining momentum.

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 .

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QUESTIONS OR COMMENTS?
If you have any comments or questions about this e-newsletter please
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Market Report.

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QUESTIONS OR COMMENTS?

If you have any comments or questions about this e-newsletter
Please email us at mktrpt@arfb.com

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

4/20/2007 FB Market Report

ARKANSAS FARM BUREAU ELECTRONIC NEWSLETTER
Daily Arkansas Market Report for 4/19/2007
--------------------------------------------------------------------------

Grain & Soybean Date: April 19, 2007

Soybeans

Local Elevators:
(Apr) EAST AR: 667 to 694
(NC) Summ. 705 to 728
River Elevators
(Apr) MISS: 683 to 695 ; AR & White 673 to 693
(NC) Summ. 706 to 728
Ark. Processor Bids: (Apr) 686 to 693 (NC) 725 to 728
Memphis: (Apr) 704 1/4 to 705 1/4 (NC) 724 to 732
Riceland Foods: (NC) Stuttgart 693 ; Pendleton 694 ; West Memphis 695
Chicago Futures: May up 2 3/4 at 718 1/4
Jul up 2 3/4 at 735
Aug up 2 3/4 at 742 1/4
Nov up 2 1/2 at 762
Nov '08 up 2 at 793 1/2
Today's Arkansas LDP rate for soybeans is 0¢

Wheat
Cash bid for new crop at Memphis 476 3/4 to 479 3/4;
Bids to farmers at Local Elevators 452-462;
River Elevators 450-468;

Chicago Futures: May up 21 1/2 at 496
Jul up 18 3/4 at 507 3/4
Sep up 13 1/4 at 509 3/4
Jul '08 down 1/2 at 493
Jul '09 down 1 at 494
Today's Arkansas LDP rate for wheat is 0¢

Grain Sorghum
Cash bid for new crop at Memphis 571 to 580;
Bids to farmers at
River Elevators 550-614;
Today's Arkansas LDP rate for sorghum is 0¢

Corn
Cash bid for April at Memphis 372 1/4 to 376 1/4;
New crop at Memphis 339 1/4 to 342 1/4;
Bids to farmers at River Elevators 350 to 363

Chicago Futures: May up 7 3/4 at 371 1/4
Sep up 1 at 377 1/4
Dec down 1 1/2 at 330
Dec '08 down 2 at 385 3/4
Today's Arkansas LDP rate for corn is 0¢

Grain Comment
The Export Sales Report that was released this morning showed stronger than expected U.S. soybean exports, which helped boost soybean prices for the first time in 10 days. Strong U.S. exports come as the dollar continues to weaken relative to other currencies. While if continued this weakening could improve U.S. soybean exports this year. The fact still remains that soybean carryover will remain at near record levels. While the export sales have slowed soybean declines, any further delays in corn planting will add to the negative pressure and push soybeans towards the next support level of $7.45.

Wheat continues its weather trading with July wheat closing above $5 for the first time since February. Reports coming in from the plains states continue to be negative, causing traders to begin to wonder if damage may be permanent. Adding to the bullish tone was a weather forecast of storms and flooding throughout much of the hard red winter wheat area this weekend. Not only are there weather concerns in the U.S., but Australia and Ukraine are reporting very dry conditions. Planting in these countries should begin sometime in the next month or so. Tight supplies in these two major producers would further tighten the global market.

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Cotton & Rice Date: April 19, 2007

Cotton
Spot Price, Grade 41 Staple 34: Memphis down 91 at 4658
Greenwood down 91 at 4658

New York Futures: May down 101 at 4915
Jul down 91 at 5133
Oct down 65 at 5455
Dec down 67 at 5632
Dec '08 down 40 at 6335
This week's LDP rate for cotton is 9.65 cents.
The estimate for next week is 9.65 cents.

Cotton Comment
Yesterdays' gains in cotton were short lived as prices declined today. While export sales reported the strongest week of cotton sales this marketing year, cotton shipments were down 10 percent from the previous week. This leaves May cotton in position to make new contract lows and has little support until it reaches the October '06 low of 47.8 cents. New crop December closed at 56.32 just above the contract low of 56.27 cents.

Rice
Long Grain Cash Bid for Apr 912/cwt to - - -
May 912/cwt to - - -

Chicago Futures: May down 4 at 1007
Jul down 4 at 1047
Sep down 4 at 1079
Nov down 8 at 1105
Today's Arkansas LDP rate for long grain rice is is 0¢ cents
medium grain rice is 0¢ cents

Rice Comment
Rice closed down marginally today; however some support could allow prices to close above trendline resistance. A close above $11.23 to $11.28 would complete a potential head and shoulders bottom with an upside objective around $11.80 or so. However, there is additional resistance at $11.40 and the contract high of $11.58. Old crop May has less upside potential with current slow milled export sales keeping mills operating at reduced capacity. The international market is steady at best with some of the recent inquiries being directed at lower priced India inventories.
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Cattle & Hogs Date: April 19, 2007

Cattle
As reported by Federal-State Market News, receipts were 2,175 head at sales in Charlotte, Ratcliff & Green Forest.
Compared with last week, feeder steers sold mostly $2-$4 lower, instances $6 lower.

Steers:
Medium & Large Frame 1 400 to 450 lbs. 122 to 132
500 to 550 lbs. 114 to 124
600 to 700 lbs. 104 to 114
to lbs. to
Medium & Large Frame 2 400 to 450 lbs. 112 to 122

Heifers:
Medium & Large Frame 1 400 to 450 lbs. 113 to 123
Medium & Large Frame 2 400 to 450 lbs. 106 to 114

Slaughter Cows, Boners 46 to 51
Light Weight n/a to - - -

Bulls, Yield Grade 1 1000 to 2100 lbs. 58 to 64, high dressing 64-68.75
Midwest Steers were quoted at 95 to - - -
Panhandle Steers were quoted at 95 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: Apr down 67 at 9645
Jun down 10 at 9272
Feeders: Apr up 2 at 10730
Aug down 22 at 10807

Hogs
Peoria: were unchanged at 44.5 to 45
Chicago Futures: May up 87 at 7667
Jun up 100 at 7760

Sheep
St. Paul Sheep shorn slaughter lambs choice end prime 110-125 lbs. were at n/a to - - -

Livestock Comment
Live cattle finished another day of modest declines. Technical selling prior to this week's USDA report are putting pressure on prices; however stronger demand is evident as weekly slaughter are up from both last week and year ago levels. Sales of cattle were slow today as feedlots will not drop to packer's asking price. Packers are counting on this weeks USDA report to show a higher number cattle on feed, which would cause prices to decline. June cattle remain above support at $91.

Lean hogs recovered yesterday's losses as wholesale pork trade and cash prices strengthen today. However, hogs will likely have difficulty sustaining these gains as packer margins remain negative. In addition to this, there is concern whether pork demand will continue to remain strong as cutout prices are 14 percent above year-ago levels. May lean hogs have support at $75/cwt.

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Poultry Date: April 19, 2007

Eggs
New York: Ex. Lg. 95-99; Lg. 93-97; Med. 79-83;
Chicago: Ex. Lg. 78-86; Lg. 76-84; Med. 60-68;

Eastern Region Turkeys
Hens: 8-16 lbs. 74-76
Toms: 16-24 lbs. 74-76

Delmarva Broilers
U.S. Grade A
Trade sentiment was firm in the West, steady in the Midwest, and steady to about steady in the East. Supplies of all sizes were usually at least adequate to available to satisfy trade needs. In production areas, live supplies were moderate at mixed weights. According to the National Agricultural Statistics Service (NASS) for the week ending 14-Apr-07, broiler egg sets were up 2%, and chick placements, the number of fryers available for marketing during the week ending 26-May-07 was estimated at 162.7 million head a week earlier.

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QUESTIONS OR COMMENTS?

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Earth Month eCards, Biodynamic Wine and More

April, 2007

AFT's bimonthly Farm Fresh News features ways you can help to protect farm and ranch land and keep your life and the land healthy.

This Spring, Get Growing to Your Nearest Flower Farm

A Harvard study shows that flowers release compassion in people, relieve anxiety and increase energy, which can only mean more business for a Malta, New York, flower farm. Suzanne Balet Haight and AFT's David Haight run the farm that sells annuals, perennials and more than 80 varieties of vegetable and herb plants—all produced on the farm—direct to consumers at local farmers' markets!

Congress Is Talking About Your Food

This year, Congress is rethinking policies for the 2007 Farm Bill—policies that will set the course for America’s food and farming system. Farm policy is poised to help family farms and ranches, encourage organic and sustainable agriculture and support land and water conservation—if we work together to change it. It’s not just about farms. It is your farm and food bill.
Join the discussion>>

Support Us

April Is Earth Month...Give Back to the Land
Show your commitment to saving the land and rewarding farmers and ranchers who use healthy practices by joining AFT.
Find out how>>

Send an Earth Month eCard Today!

Celebrate Earth Month and send an eCard with tips for what you can do to help protect our water, air and land.
Send an Earth Month eCard today>>

Take Action!

Farm and Food Policy for All Americans

Ask your legislators to focus on farm and food policies that meet the needs of farmers and ranchers, the environment and the public!

Send a message today>>

Farming with the Moon?

Some grape growers and others are trying biodynamic farming, a 'super-organic' approach that works with the rhythms of nature. Biodynamic farming is a holistic approach to organic agriculture, where planting and harvesting follow the cycles of the moon, and the soil is viewed not simply as a growth medium for crops but as an individual organism that is part of the larger process. Biodynamic products are grown free of fumigants, insecticides, fungicides and herbicides—all of which can harm local eco-systems. So raise your wine glass and give three cheers to agriculture that protects the planet!

Chicken and Spring Vegetable Pasta

Thank you to Dr. Preston Maring of Kaiser Permanente for sharing this fresh and healthy spring recipe.

1 boneless, skinless chicken breast, cut into small, bite-size pieces
1 bunch spring onions, light red, white and light green parts thinly sliced
1 bunch spring garlic, white and light green parts thinly sliced
2 regular cloves garlic, minced
3 small leeks, white parts thinly sliced
3 tablespoons olive oil
1/2 cup chicken broth or white wine
8 ounces whole wheat linguine
Small handful fresh parsley, chopped
Salt and pepper to taste

1. Cook the pasta per instructions and drain.

2. Sauté the onions, garlic and leeks in the olive oil until fragrant and soft—set aside.

3. Sauté the chicken until cooked through.

4. Add the vegetables back to the pan with the chicken broth.

5. Toss vegetables with the pasta and warm through.

6. Season to taste and add the parsley for flavor and color.

Dr. Maring, WK Kellogg Food and Society Policy Fellow, physician administrator and Ob-Gyn at Kaiser Permanente Medical Center in Oakland, California, helped launch one of the nation’s first hospital-based farmers’ markets and more recently, helped the hospital start sourcing in-patient fruits and vegetables from local small family farms. His goal: promote healthy eating by connecting Kaiser Permanente employees and patients with farmers who sell locally grown produce.

Support AFT | http://www.farmland.org/

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Thursday, April 19, 2007

4/19/2007 FB Market Report

ARKANSAS FARM BUREAU ELECTRONIC NEWSLETTER
Daily Arkansas Market Report for 4/19/2007
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Grain & Soybean Date: April 19, 2007

Soybeans

Wheat
Cash bid for new crop at Memphis 476 3/4 to 479 3/4;
Bids to farmers at Local Elevators 452-462;
River Elevators 450-468;

Chicago Futures: May up 21 1/2 at 496
Jul up 18 3/4 at 507 3/4
Sep up 13 1/4 at 509 3/4
Jul '08 down 1/2 at 493
Jul '09 down 1 at 494
Today's Arkansas LDP rate for wheat is 0¢

Grain Sorghum
Cash bid for new crop at Memphis 571 to 580;
Bids to farmers at
River Elevators 550-614;
Today's Arkansas LDP rate for sorghum is 0¢

Corn
Cash bid for April at Memphis 372 1/4 to 376 1/4;
New crop at Memphis 339 1/4 to 342 1/4;
Bids to farmers at River Elevators 350 to 363

Chicago Futures: May up 7 3/4 at 371 1/4
Sep up 1 at 377 1/4
Dec down 1 1/2 at 330
Dec '08 down 2 at 385 3/4
Today's Arkansas LDP rate for corn is 0¢

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Cotton & Rice Date: April 19, 2007

Cotton
Spot Price, Grade 41 Staple 34: Memphis down 91 at 4658
Greenwood down 91 at 4658

Rice
Long Grain Cash Bid for Apr 912/cwt to - - -
May 912/cwt to - - -

Chicago Futures: May down 4 at 1007
Jul down 4 at 1047
Sep down 4 at 1079
Nov down 8 at 1105
Today's Arkansas LDP rate for long grain rice is is 0¢ cents
medium grain rice is 0¢ cents

Cattle & Hogs Date: April 19, 2007

Steers:
Medium & Large Frame 1 400 to 450 lbs. 122 to 132
500 to 550 lbs. 114 to 124
600 to 700 lbs. 104 to 114
to lbs. to
Medium & Large Frame 2 400 to 450 lbs. 112 to 122

Heifers:
Medium & Large Frame 1 400 to 450 lbs. 113 to 123
Medium & Large Frame 2 400 to 450 lbs. 106 to 114

Slaughter Cows, Boners 46 to 51
Light Weight n/a to - - -

Chicago Futures:
Live Cattle: Apr down 67 at 9645
Jun down 10 at 9272
Feeders: Apr up 2 at 10730
Aug down 22 at 10807

Hogs
Peoria: were unchanged at 44.5 to 45
Chicago Futures: May up 87 at 7667
Jun up 100 at 7760

Sheep
St. Paul Sheep shorn slaughter lambs choice end prime 110-125 lbs. were at n/a to - - -

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Poultry Date: April 19, 2007

Eggs
New York: Ex. Lg. 95-99; Lg. 93-97; Med. 79-83;
Chicago: Ex. Lg. 78-86; Lg. 76-84; Med. 60-68;

Eastern Region Turkeys
Hens: 8-16 lbs. 74-76
Toms: 16-24 lbs. 74-76

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HOW TO UNSUBSCRIBE

You are receiving this newsletter because you requested that your email address be added to the Arkansas Farm Bureau Daily 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

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1

Sunday, April 22, 2007

FWD: Morning Manna (Apr. 22); BP: Jn. 20:26-29; RBTTY: Lk. 17:1-19; II Sam.14-15

Friday, April 20, 2007

FWD: Morning Manna for Apr. 20 & 21

4/20/2007 FB Market Report

Bi-Weekly Market Briefings for 04-20-07

4/20/2007 FB Market Report

Earth Month eCards, Biodynamic Wine and More

Thursday, April 19, 2007

4/19/2007 FB Market Report

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