Tuesday, August 26, 2008

FWD: Morning Manna (Aug. 27); BP: Jer. 16; RBTTY: I Cor. 9; Ps. 120-122

 
Samuel D. High
sdhigh@aristotle.net

 



-----Original Message-----
From: Apostle Tom <pressingon@hotmail.com>
Sent: Tue, 26 Aug 2008 16:23:27 -0500
To: <pressingon@hotmail.com>
Subject: Morning Manna (Aug. 27); BP: Jer. 16; RBTTY: I Cor. 9; Ps. 120-122
 

August 27                                                                                                        “Suffering for Pain Deserved”

 

“And it shall come to pass, when you shall show this people all these words and they shall say unto you, ‘Wherefore has the Lord pronounced all this great evil against us?  Or, what is our iniquity?  Or, what is our sin that we have committed against the Lord our God?’  Then, you shall say unto them, ‘Because your fathers have forsaken me, says the Lord, and have walked after other gods and have served them and have worshipped them and have forsaken Me and have not kept My law.  And you have done worse than your fathers; for, behold, you walk every one after the imagination of his evil heart, that they may not hearken unto Me.”

                                                                                                                                               Jeremiah 16:10-12

     Oh how deep the darkness of sin and how blind the eyes of those that live in it.

     Part of our agony as Pilgrims is having our eyes opened to “right and wrong” (Gen. 3:5)—for such “insight” is an “invite” into excruciating mental, emotional and, yes, spiritual pain.

 

     From the time of the Fall until now, by nature we’re born with a sense of “right-and-wrong”—or, as one philosopher/theologian said, “A sense of ‘oughtness’.”  Even children have a sense of “fair play” and are quick to point out when someone’s breaking the rules.

 

     Yet, a child doesn’t agonize over the “Just War Theory” or man’s inhumanity to man.  No, they get mad for a few minutes. . .threaten to take their ball and go home. . .but soon are sitting down together, with some cookies and milk. . .and are soon back outside playing blissfully together.

 

     That’s why today’s Manna is both perplexing and painful.

     For the ones asking the questions they asked, it’s perplexing and painful because they don’t have a clue why such terrible things are happening to them.  They act surprised when hardships and heartaches come and shake their fist at God or us and demand answers.  Or, they go on a talk show on television or write a best-selling book about “Life’s Injustices” or “10 Ways I Overcame Adversity.”

 

     But, dear Pilgrim, such folks don’t have a clue (I Cor. 2:14).  Like the folks in Jeremiah’s day, they don’t realize they’re simply reaping “the wages of sin” (Rom. 6:23a; Gal. 6:7-8) and are blind to the fact (II Cor. 4:4).

 

     That’s where our perplexity and pain come in.

     We, who are the Redeemed, have had our spiritual eyes and ears opened.  Through daily communion with the Lord Jesus via Bible study and prayer, we see much clearer what’s really going on.  And, our “agony of soul” is trying to tell those suffering why they’re suffering such “deserved pain” and how to find rest.

 

     But, don’t be surprised if they resist you—and even attack you.  Pride (and the flesh) dies slowly.  And, in the process, so do we; however, ours is a dying to self (Gal. 2:20), while theirs is a dying to God.  Remember:  You can’t change a hardened heart by confrontation; much better is intercession.  So, who are you praying for today?

08/26/2008 Farm Bureau Market Report

Click here to view this report online.

Arkansas Farm Bureau
Arkansas Farm Bureau
Grain & Soybean Date: August 26, 2008

Soybeans

Local Elevators:
(Aug) EAST AR:  n/a to - - -
(NC) Summ. 1237 to 1279
River Elevators:
(Aug) MISS: 1290 to 1315 ; AR & White 1267 to 1280
(NC) Summ. 1250 to 1296
Ark. Processor Bids: (Aug) n/a to - - -  (NC) 1267 to 1275
Memphis:  (Aug) 1299 1/2 to - - - (NC)  1299 1/2 to - - -
Riceland Foods:  (Aug) Stuttgart 1275 ; Pendleton 1279 ; West Memphis 1296

Chicago Futures: Sep down 1 3/4 at  1337 1/2
  Nov  down  2 1/2  at  1344 1/2
  Jan '09 down 2 1/2  at  1362
  Mar '09 down 1 1/4  at  1375 3/4
  Nov '09 down 2 1/2  at  1332 1/2
  Today's Arkansas LDP rate for soybeans is:

Soybean Comment
Soybeans closed a little lower today, but retraced a substantial portion of earlier declines. A stronger dollar was partially offset by yesterday’s crop ratings. Beans appear to have the greatest potential for yield impact as the crop is in the pod filling stage in much of the upper Midwest. November is consolidating in a sideways pattern around $13.50. Corn took another loss despite a drop of 3% in the good to excellent rating. December fell below $6 and could be in the process of forming a head and shoulders bottom. If that’s the case, December could trade 25 or 30 cents lower before heading toward a higher objective of $7.40 or higher. Obviously, that would take a substantially smaller crop that is projected.

Wheat
Cash bid for August at Memphis  625 1/2 to - - -;

Bids to farmers at Local Elevators 598;
River Elevators 531-621;

Chicago Futures: Sep down  9 3/4  at  830 1/2 
  Dec down 10 1/4  at  854 1/2 
  Mar '09 down  10 3/4  at  878 1/4 
  May '09 down  10 3/4  at  893 1/4 
  Jul '09 down  10 1/4  at  901 
  Today's Arkansas LDP rate for wheat is:

Grain Sorghum
Cash bid for August at Memphis  909 to 918;

Bids to farmers at River Elevators 786-902;
Today's Arkansas LDP rate for sorghum is:

Corn

Cash bid for August at Memphis   555 1/4 to 560 1/4;
  new crop at Memphis   n/a to - - -;
Bids to farmers at River Elevators  523 to 547

Chicago Futures: Sep down  at  575 1/4 
  Dec down  at  594 
  Mar '09 down  at  613 1/2 
  Dec '09 down  at  631 
  Today's Arkansas LDP rate for corn is:

Grain Comment
Wheat showed continued followthrough on the current downturn. Potentially improving weather in Australia and Argentina added to the pressure of a stronger dollar. December bounced off support at $8.40 and closed a little higher. Failure of that support would push the market toward the recent low near $7.75.



Cotton & Rice  Date: August 26, 2008


Cotton

Spot Price, Grade 41 Staple 34: Memphis up 36 at  6252
  Greenwood up  36 at 6252

New York Futures: Oct up  58  at  6749 
  Dec up  50  at  6962 
 Mar '09 up  48  at  7451 
 May '09 up  12  at  7621 
 Jul '09 up  20  at  7805 
This week's LDP rate for cotton is  0 cents
  The estimate for next week is  0 cents
Cotton Comment
Cotton traded in a fairly narrow range before closing modestly higher but well below the next resistance of 71 cents. Cotton would appear to have some longer term upside, but recent rains related to Hurricane Faye may have improved crop conditions in the Southeast U.S. Any additional production will keep the market on edge, until big stocks begin to disappear. Cotton appears to still be underpriced relative to grains, which means price will have to improve or more acres will move to corn or soybeans. Another acreage cut would mean very tight supplies with the 08/09 carryover now projected to be just 4.6 million bales.

Rice

Long Grain Cash Bid for  n/a - - -  to  - - -
  n/a - - -  to  - - -

Chicago Futures: Sep up  22  at  1847 
 Nov up  24  at  1869 
 Jan '09 up  25  at  1898 
 Mar '09 up  23  at  1924 
 - - -   - - -  at  - - - 
Today's Arkansas LDP rate for long grain rice is 
medium grain rice is 
Rice Comment
Rice futures continued the strong uptrend that has developed the past two weeks with both September and November working toward 50% retracement objectives near $19.20. The improvement in U.S. futures is counter to what is being seen in international markets where the market is steady at best. However, that situation should be stabilizing and perhaps improving. The U.S. harvest is moving slowly with much of the Arkansas crop running somewhat behind normal. That has likely provided support to the market over the last several weeks.



Cattle & Hogs  Date: August 26, 2008

Cattle
As reported by Federal-State Market News, receipts were 1,391 head at sales in Fort Smith & Marshall.  Compared with last week, feeder steers sold $2-5 higher, most advance on calves .

Steers:
 Medium & Large Frame 1   400 to 450 lbs. 114.95 to - - -
  500 to 550 lbs. 108.72 to - - -
  600 to 650 lbs. 108.87 to - - -
 Medium & Large Frame 2   400 to 450 lbs. 107 to - - -

Heifers:
 Medium & Large Frame 1   400 to 450 lbs. 102.14 to - - -
 Medium & Large Frame 2   400 to 450 lbs. 93.77 to - - -

Slaughter Cows, Boners 50   to   55
Light Weight n/a to - - -
Bulls, Yield Grade   1   1000   to   2100 lbs.   67.50   to   74.50, high dressing 74.50-77.50
Midwest Steers   n/a   at   - - -   to   - - -
Panhandle Steers   n/a   at   - - -   to   - - -

Oklahoma City Feeders
Steers 600 to 650 lbs. 113 to 114.50
  650 to 700 lbs. 110 to 113.25
Heifers 500 to 550 lbs. 107.50 to 113.50
  600 to 650 lbs. 101 to 104.25

Chicago Futures:
Live Cattle: Oct down 5 at 10575
  Dec down 12 at 10722
Feeders: Oct down 95 at 11160
  Nov down 115 at 11110

Cattle Comment
Cattle were slightly weaker today despite a showing in the cutout area yesterday. A smaller showlist did very little since packers are operating a day less next week. Weaker seasonal beef demand also is expected to pressure the market in the near term.

Hogs
Peoria: were $1     lower   at   55.5   to   56

Chicago Futures: Oct down 50 at 7350
  Dec down 55 at 7370

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

Hogs Comment
Hogs were lower, as a result of ample supplies which are expected to show a seasonal increase. Lighter number of Canadian imports should be offsetting factors.



Poultry  Date: August 26, 2008

Eggs

New York:  Ex. Lg. 129-133; Lg. 127-131; Med. 92-96;
Chicago:  Ex. Lg. 117-125; Lg. 115-123; Med. 80-88;

Eastern Region Turkeys
Hens: 8-16 lbs. 97-100
Toms: 16-24 lbs. 97-100
 

Delmarva Broilers
U.S. Grade A
Trade sentiment was steady. Demand was mostly fair with trading limited to regular commitments. Supplies of all sizes were sufficient to satisfy trade needs. In production areas, live supplies were moderate with mostly desirable weights.

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Monday, August 25, 2008

08/25/2008 Farm Bureau Market Report

Click here to view this report online.

Arkansas Farm Bureau
Arkansas Farm Bureau
Grain & Soybean Date: August 25, 2008

Soybeans

Local Elevators:
(Aug) EAST AR:  n/a to - - -
(NC) Summ. 1239 to 1281
River Elevators:
(Aug) MISS: 1287 to 1312 ; AR & White 1270 to 1283
(NC) Summ. 1252 to 1298
Ark. Processor Bids: (Aug) n/a to - - -  (NC) 1269 to 1277
Memphis:  (Aug) 1302 to 1307 (NC)  1297 to 1302
Riceland Foods:  (Oct/Nov) Stuttgart 1277 ; Pendleton 1281 ; West Memphis 1298

Chicago Futures: Sept up 18 1/4 at  1339 1/4
  Nov  up  20  at  1347
  Jan 09 up 20  at  1364 1/2
  Mar 09 up 18 3/4  at  1377
  Nov 09 up at  1335
  Today's Arkansas LDP rate for soybeans is:

Soybean Comment
Soybeans firmed today, but closed well off the early highs. Weather remains a major factor as traders remain concerned about this year’s yield. A later start means the crop is vulnerable to current dry conditions in the Midwest and to an early frost. Upside potential seems limited with key resistance seen around $14.15 for the November contract. Corn lost steam after a strong opening tested near term resistance just below $6.25. It will take a close above this level to move corn toward retracement objectives between $6.44 and $6.70.

Wheat
Cash bid for August at Memphis  635 1/4 to 640 1/4;

Bids to farmers at Local Elevators 607;
River Elevators 584-646;

Chicago Futures: Sept down  25 1/4  at  840 1/4 
  Dec down 25 3/4  at  864 3/4 
  Mar 09 down  26  at  889 
  May 09 down  25 1/4  at  904 
  July 09 down  24 1/4  at  911 1/2 
  Today's Arkansas LDP rate for wheat is:

Grain Sorghum
Cash bid for August at Memphis  920 to 929;

Bids to farmers at River Elevators 796-913;
Today's Arkansas LDP rate for sorghum is:

Corn

Cash bid for August at Memphis   560 1/4 to 565 1/4;
  New crop at Memphis   n/a to - - -;
Bids to farmers at River Elevators  525 to 552

Chicago Futures: Sept down  6 1/4  at  580 1/4 
  Dec down  6 1/2  at  600 
  Mar 09 down  6 1/4  at  619 1/2 
  Dec 09 down  1 1/2  at  636 
  Today's Arkansas LDP rate for corn is:

Grain Comment
Wheat was hit hard as the market failed to reverse Friday’s downward move. Trading of the last 3 days gives the market a toppy look. Initial support is located around $8.40 and then at the more recent low near $7.75. Resistance will be last week’s high of $9.59 ½ .



Cotton & Rice  Date: August 25, 2008


Cotton

Spot Price, Grade 41 Staple 34: Memphis down 51 at  6216
  Greenwood down  51 at 6216

New York Futures: Oct down  51  at  6691 
  Dec down  51  at  6912 
 Mar 09 down  47  at  7403 
 May 09 down  41  at  7609 
 July 09 down  30  at  7785 
This week's LDP rate for cotton is  0 cents
  The estimate for next week is  0 cents
Cotton Comment
Cotton traded a wide range before settling lower, near the midpoint of today’s range. Cotton would appear to have some longer term upside, but recent rains related to Hurricane Faye may have improved crop conditions in the Southeast U.S. Any additional production will keep the market on edge, until big stocks begin to disappear. Cotton appears to still be underpriced relative to grains, which means price will have to improve or more acres will move to corn or soybeans. Another acreage cut would mean very tight supplies with the 08/09 carryover now projected to be just 4.6 million bales. Current resistance is around 71 cents and then 75 cents.

Rice

Long Grain Cash Bid for  n/a - - -  to  - - -
  - - - - - -  to  - - -

Chicago Futures: Sept up  25  at  1825 
 Nov up  20  at  1845 
 Jan 09 up  20  at  1873 
 Mar 09 up  20  at  1901 
 - - - up  - - -  at  - - - 
Today's Arkansas LDP rate for long grain rice is 
medium grain rice is 
Rice Comment
Rice futures firmed again today with November and September contracts both nearly reaching 38% retracement objectives of $18.51 and $18.41. The next upside objective is about 70 cents higher. The improvement in U.S. futures is counter to what is being seen in international markets where the market is steady at best. However, that situation should be stabilizing and perhaps improving. The U.S. harvest is moving slowly with much of the Arkansas crop running somewhat behind normal. That has likely provided support to the market over the last several weeks.



Cattle & Hogs  Date: August 25, 2008

Cattle
As reported by Federal-State Market News, receipts were n/a head at sales in n/a.  Compared with last week, feeder steers n/a .

Steers:
 Medium & Large Frame - - -   - - - to - - - lbs. - - - to - - -
  - - - to - - - lbs. - - - to - - -
  - - - to - - - lbs. - - - to - - -
 Medium & Large Frame - - -   - - - to - - - lbs. - - - to - - -

Heifers:
 Medium & Large Frame - - -   - - - to - - - lbs. - - - to - - -
 Medium & Large Frame - - -   - - - to - - - lbs. - - - to - - -

Slaughter Cows, Boners - - -   to   - - -
Light Weight - - - to - - -
Bulls, Yield Grade   - - -   - - -   to   - - - lbs.   - - -   to   - - -
Midwest Steers   N/A   at   - - -   to   - - -
Panhandle Steers   n/a   at   - - -   to   - - -

Oklahoma City Feeders
Steers 500 to 550 lbs. 122.50 to 125
  550 to 600 lbs. 113.25 to 119
Heifers 400 to 500 lbs. 107 to 113.75
  550 to 600 lbs. 113.25 to 119

Chicago Futures:
Live Cattle: Oct up 2 at 10580
  Dec up 45 at 10735
Feeders: Oct up 5 at 11255
  Nov down 5 at 11225

Cattle Comment
Cattle started the day stronger after a positive Cattle On Feed Report late Friday. Total numbers on feed were down over 4% from a year ago, while placements were the 2nd lowest since 1996. Only last year’s were lower, making this year’s actually 2% higher. A shorter slaughter week due to the Labor Day holiday will reduce this week’s needs. Overall, the market struggled to settle steady. Longer term, tighter supplies are expected to firm cash prices, but futures have already accounted for this factor.

Hogs
Peoria: were steady to $2     lower   at   56   to   57

Chicago Futures: Oct up 25 at 7400
  Dec up 15 at 7425

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

Hogs Comment
Hogs were mixed as light packer demand limited sales opportunities. This week’s needs have largely been covered and plants will be open one day less next week. Falling wholesale values and tightening packer margins don’t bode well short term.



Poultry  Date: August 25, 2008

Eggs

New York:  Ex. Lg. 127-131; Lg. 125-129; Med. 89-93;
Chicago:  Ex. Lg. 117-125; Lg. 115-123; Med. 80-88;

Eastern Region Turkeys
Hens: 8-16 lbs. 96-99
Toms: 16-24 lbs. 96-99
 

Delmarva Broilers
U.S. Grade A
Trade sentiment was steady. Demand was light to fair with hopes of progress for upcoming holiday. Supplies of all sizes were at least adequate to satisfy trade needs. In production areas, live supplies were moderate at mostly desirable weights.

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Little Rock, AR 72211
501-224-4400

Copyright 2008
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All rights reserved
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Sunday, August 24, 2008

FWD: Morning Manna (Aug. 25); BP: Jer. 15; RBTTY: Rom. 7:20-40; Ps.

 
Samuel D. High
sdhigh@aristotle.net

 



-----Original Message-----
From: Apostle Tom <pressingon@hotmail.com>
Sent: Sun, 24 Aug 2008 20:53:07 -0500
To: <pressingon@hotmail.com>
Subject: Morning Manna (Aug. 25); BP: Jer. 15; RBTTY: Rom. 7:20-40; Ps.
 

DEAR FELLOW PILGRIM:

     Greetings once again in Jesus' Precious Name!  Thank you so much for your continued prayers for my family and me during this time of transition.  All is well and the Lord Jesus has been blessing in so many ways.  Many thanks to my brother, Lynn, for sending the "Morning Manna" out for me once again.  And, as always, I do pray the Holy Spirit ministered to you through them each day.  Here's praying the Heavenly Father will pour out His blessings on you in the coming days.  To Him be all the glory!

   In Jesus' Undying Love,

   Bro. Tom

 

August 25                                                                                                                                                                    &n bsp;     “Hope for Pain Undeserved”

 

                                         “Why is my pain perpetual and my wound incurable, which refuses to be healed?. . .”

                                                                                                                                                                                                              Jeremiah 15:18a

     For the Pilgrim, it’s purifying, not punitive, and will further transform us into the image of our dear Savior.

     Pain.

     The mere mention of the word causes us pain—especially if we’ve experienced much of it down through the years.  As we know, it varies in type and duration; yet, pain is pain, whether it be physical, mental, emotional or even spiritual. That’s why today’s Manna is one to which most of us can relate. 

 

     As we know, Jeremiah was created and called to the prophetic ministry he was doing even before he came into this world (1:4).  His initial response was resistance (1:6), but the Lord reassured him that He knew exactly what he was doing and would supply his every need (1:7-10, 17-19).

 

     Even so, that doesn’t lessen the pain or perplexity we feel when we’re going through great pain.  Although Jeremiah knew his mission was God-ordained for the specific purpose of calling his countrymen into repentance, that didn’t lessen the fact that he was still human. . .with the human frailties of inward mental anguish and emotional distress   . . . .and the natural questions of “Why is this happening to me?” and “Why are they doing this to me?”

 

     But, oh, dear Pilgrim, during those times of painful perplexity, we must cease-and-desist from such ponderings—and we must run to the Lord (Ps. 73:1-17).  Only there, in our private rendezvous with our Lord, can we receive new perspective. . .on others and ourselves (vv.18-24). . .and break forth in new praise for the One with Whom we have to do (vv.25-28).

 

     So, again, Jeremiah’s remembrances of who he was and what he’d done (Jer. 15:10, 15-18) were normal; but, they had to be replaced with who God is and what HE had done (vv.11-14, 19-21; Heb. 11:6) if he was going to find any relief.  And, weary one, the same must also be true for us if true, heartfelt praise is to ever spring from a soul full of pain and “vexation of spirit” (Eccl. 2:11).

 

     Notice what the Lord told Jeremiah in the midst of his “perpetual pain and incurable wound that refused to be healed:”

     Verily, it shall be well with your remnant (v.11a).  He would “work all things together for good” (Rom. 8:28) and even cause his “enemy to entreat him well in the time of evil and afflictions” (v.11b).  So, press on, Pilgrim—in Christ, “The best is yet to be.”

 

     I am with You to save you and deliver you, says the Lord (v.20c).  We should never forget the same One Who traveled our road ahead of us and did not fail in His mission (Heb. 4:14-16) is the same One Who comes alongside of us and will help us not fail in ours.  Trust Him, Pilgrim.  It may be night now, but the Son’s arising (Ps. 30:5b).

m

Saturday, August 23, 2008

FWD: Morning Manna Aug. 24--BP: Jer. 15; RBTTY: I Cor. 7:1-19; Ps. 116-118

 
Samuel D. High
sdhigh@aristotle.net

 



-----Original Message-----
From: "Smith, Lynn " <lsmith20@Central.UH.EDU>
Sent: Sat, 23 Aug 2008 06:52:47 -0500
To: "Smith, Lynn " <lsmith20@Central.UH.EDU>
Subject: Morning Manna Aug. 24--BP: Jer. 15; RBTTY: I Cor. 7:1-19; Ps. 116-118
 

August 24                                                                                “When All Hope Is Gone”

 

“. . .her sun has gone down while it was yet day”

                                                                                                                  Jeremiah 15:9b

     The greatest darkness is that which comes when the Son has gone away.

     Like those enthralled by magicians with sleight-of-hand, so is our world entranced by the evil one and his wily snares.  Like Adam and Eve of old, they look lustfully and longingly upon the devil’s dainties, forgetting that even one bite releases unto them a whole “Pandora’s Box” of suffering and shame.

 

     They hear the preacher’s preaching.  They hear the singer’s song.  They’ve stood and listened to the hymn of invitation so often they can sing it by heart.  But, still they do nothing.  They “hear His Voice,” but refuse to draw near. . .further hardening their hearts in the process (Heb. 3:7).

 

     Then, they wonder “Why are all these bad things happening to me?” or “What did I do to deserve this?” (Jer. 13:22).

     And, then they’ll cry with many a hot tear, begging the God of Heaven to hear their cry and free them from their shackles of sin.  They’ll bargain with Him, crying “Give me one more chance, dear Lord.  I promise to do better.  Please, please—I’ll make it up to You!”

 

     But, alas, “her sun has gone down while it was yet day.”

     And, oh how great the “horror of that great darkness” (Gen. 15:12b).

     Truly, there is no darkness so deep as that which arises from the depths of despair when no light you see.  There is no felt-need to seek a light when standing atop an idyllic mountaintop and the sun’s shining brightly overhead.

 

     But, soon the evening’s shadows begin to gather and the sun’s rays begin to fade.  And, how horrible the darkness when the setting sun finds you in some deep valley.  From the darkness you cry out, but silence is all you hear.  Such is always the case when “the sun has gone down while it was yet day.”

 

     Judas knew that great darkness.  All the time while serving as treasure of the Apostolic Band, he was “baring the bag” (Jn. 12:6)—stealing from the Master’s treasury and thinking nothing of it.  No wonder he was called “the son of Perdition” (Jn. 17:12) and “it’d been better for him if he’d never been born” (Mt. 26:24).

 

     Many there are today who, like Judas, care naught for exchanging God’s glory for the world’s fool’s gold.  Although possibly attending church every Sunday. . .singing in the choir. . .even visiting the sick. . .they “draw near to Him with their lips, but their hearts are far from Him” (Is. 29:13; Mt. 15:8).  And, like Judas, the time will come when the thin veneer of their pretension and religiosity will give way to the deep darkness of despair and that inward voice of “Cursed, cursed” (Dt. 27:25; Mt. 27:3-5).  Woe to him who forsakes the true “Anchor of the soul” (Heb. 6:19)—for the time will come when they will need Him, but He’ll be nowhere to be found (Mt. 7:21-27).

 

 

Thanks,

 

 

Mr. Lynn M. Smith

Department Business Administrator

Department of Economics

University of Houston

204C McElhinney Hall

Houston, TX 77204-5019

(713) 743-3802 (office)

(713) 743-3798 (fax)

LSmith20@central.uh.edu (email)

http://www.class.uh.edu/econ/ (department website)

  

 

Friday, August 22, 2008

FWD: Morning Manna Aug. 23--BP: Jer. 14; RBTTY: I Cor. 6; Ps. 113-115

I hope all of you & families are well.  Have a Blessed day and weekend.  We are fine in our family.  God Bless  
Samuel D. High
sdhigh@aristotle.net

 



-----Original Message-----
From: "Smith, Lynn " <lsmith20@Central.UH.EDU>
Sent: Fri, 22 Aug 2008 05:57:04 -0500
To: "Smith, Lynn " <lsmith20@Central.UH.EDU>
Subject: Morning Manna Aug. 23--BP: Jer. 14; RBTTY: I Cor. 6; Ps. 113-115
 

August 23                                                                                  “The Cry of Contrition”

 

“We acknowledge, O Lord, our wickedness and the iniquity of our fathers—for we have sinned against You.  Do not abhor us; for Your Name’s sake, do not disgrace the Throne of Your Glory.  Remember:  Break not Your Covenant with us.  Are there any among the vanities of the Gentiles that can cause rain?  Or can the heavens give showers?  Are not You He, O Lord our God?  Therefore, we will wait upon You—for You have made all these things.”

                                                                                                             Jeremiah 14:20-22

     In our darkest hour, we’d better know to Whom to go and what to do.

     Pride.

     It’s inherent, insidious, intoxicating, infectious and seemingly incorrigible.  Our Adamic natures are born with it and we enjoy its “fruits” of power, prestige, popularity, possessions, etc.

 

     Yet, we forget that “pride goes before destruction and a haughty spirit before a fall—and it’s better to be of an humble spirit with the lowly than to divide the spoil with the proud” (Prov. 16:18-19). 

 

     Even though the Lord God had already told Jeremiah not to intercede for his countrymen anymore, the Weeping Prophet continued pleading on their (and his) behalf (15:13-22).  He reasoned with the God of Abraham over the false prophets and their messages of peace (v.13); yet, the Lord told him He’d not sent them and judgment was coming (vv.14-16).  He then told Jeremiah to say unto them “Let my eyes run down with tears night and day and let them not cease—for the virgin daughter of My People is broken with a great breach, with a very grievous blow” (v.17).

 

     The persistent prophet continued crying out to God in today’s Manna, seemingly taking Him to task over His Heavy Hand (v.19).  But, thankfully, the Lord was merciful to Him and didn’t consume him in His wrath (cf. Lam. 3:21-23).  Instead, He continued letting Jeremiah pray and plead—knowing in the end he’d come to see what He was doing was right (Rom. 8:28).

 

     There’s no doubt Jeremiah’s tears flowed from a heart of personal, brokenhearted contrition.  His words are so revealing and needed in this generation:  “We acknowledge, O Lord, OUR wickedness and the iniquity of our fathers—for WE have sinned against You.” 

 

     Are these not the same words David prayed after his adulterous relationship with Bathsheba and the death of their firstborn son (Ps. 51)?  Was this not the same “heart’s condition” that moved Isaiah to cry “Woe is me!  For I am undone—because I am a man of unclean lips and dwell in the midst of a people of unclean lips. . .for my eyes have seen the King, the Lord of hosts” (Is. 6:5)?

     Assuredly they are.  Unless we’re broken in this same way, Pilgrim, we shall not experience revival—individually or corporately—in these last days.  May the Spirit do what it takes to bring us to this place of brokenness. . .for the hour is late.

 

 

Thanks,

 

 

Mr. Lynn M. Smith

Department Business Administrator

Department of Economics

University of Houston

204C McElhinney Hall

Houston, TX 77204-5019

(713) 743-3802 (office)

(713) 743-3798 (fax)

LSmith20@central.uh.edu (email)

http://www.class.uh.edu/econ/ (department website)

  

 

08/22/2008 Farm Bureau Market Report

Click here to view this report online.

Arkansas Farm Bureau
Arkansas Farm Bureau
Grain & Soybean Date: August 22, 2008

Soybeans

Local Elevators:
(Aug) EAST AR:  n/a to - - -
(NC) Summ. 1219 to 1261
River Elevators:
(Aug) MISS: 1267 to 1292 ; AR & White 1250 to 1263
(NC) Summ. 1220 to 1278
Ark. Processor Bids: (Aug) n/a to - - -  (NC) 1249 to 1257
Memphis:  (Aug) 1283 to 1287 (NC)  1277 to - - -
Riceland Foods:  (Aug) Stuttgart 1257 ; Pendleton 1261 ; West Memphis 1278

Chicago Futures: Sep down 20 at  1321
  Nov  down  21  at  1327
  Jan '09 down 20 3/4  at  1344 1/2
  Mar '09 down 20 3/4  at  1358 1/4
  Nov '09 down 11  at  1326
  Today's Arkansas LDP rate for soybeans is:

Soybean Comment
Soybeans and corn posted big losses on speculative profit taking to end the week. Further losses in crude oil and the improving value of the dollar both added pressure as well. Both could likely chop along sideways until the September crop report. Soybeans need to see a large crop to help replenish supplies. The Iowa corn tour is reporting an estimated 168.2 bushels/acre average yield, well above the three year average of 162.6 bushels. The lateness of the crop, however, leaves open the possibility that an early freeze could impact yield potential.

Wheat
Cash bid for August at Memphis  660 1/2 to 679 1/2;

Bids to farmers at Local Elevators 633;
River Elevators 609-666;

Chicago Futures: Sep down  31 3/4  at  865 1/2 
  Dec down 31 3/4  at  890 1/2 
  Mar '09 down  31 3/4  at  915 
  May '09 down  32  at  929 1/4 
  Jul '09 down  31  at  935 3/4 
  Today's Arkansas LDP rate for wheat is:

Grain Sorghum
Cash bid for August at Memphis  931 to 940;

Bids to farmers at River Elevators 807-923;
Today's Arkansas LDP rate for sorghum is:

Corn

Cash bid for August at Memphis   566 1/2 to 572 1/2;
  new crop at Memphis   n/a to - - -;
Bids to farmers at River Elevators  532 to 558

Chicago Futures: Sep down  11 1/4  at  586 1/2 
  Dec down  11  at  606 1/2 
  Mar '09 down  11 1/4  at  625 3/4 
  Dec '09 down  at  637 1/2 
  Today's Arkansas LDP rate for corn is:

Grain Comment
Wheat was under the most pressure of the grains. Both December, with a close below $9, and July, with a close below $9.57, fell through trendline support. Canada says their crop will top 25.4 million metric tons. Slowing export demand for soft red winter wheat is also a factor in Chicago.



Cotton & Rice  Date: August 22, 2008


Cotton

Spot Price, Grade 41 Staple 34: Memphis up 11 at  6267
  Greenwood up  11 at 6267

New York Futures: Oct up  at  6759 
  Dec down  at  6983 
 Mar '09 down  13  at  7463 
 May '09 down  86  at  7583 
 Jul '09 up  11  at  7840 
This week's LDP rate for cotton is  0 cents
  The estimate for next week is  0 cents
Cotton Comment
Cotton was lower today following the grains. December needs to close above 70 cents in order to suggest further gains are possible. Resistance above that is at 71 cents and then perhaps 75 cents. Recent weather is a concern and could be causing yield problems in the mid-South. Cool, damp, cloudy situations have been prevalent for the last several weeks and are causing heavy shedding and slow development.

Rice

Long Grain Cash Bid for  n/a - - -  to  - - -
  n/a - - -  to  - - -

Chicago Futures: Sep down  at  1800 
 Nov down  at  1825 
 Jan '09 down  at  1853 
 Mar '09 down  at  1881 
 - - -   - - -  at  - - - 
Today's Arkansas LDP rate for long grain rice is 
medium grain rice is 
Rice Comment
Rice posted losses, but they didn’t appear to affect the technical situation. The market has charted a technical island reversal low. That is the market gapped lower at approximately the same level 4 weeks ago, moved in a dollar sideways pattern, then gapped higher today. This is typically a bottoming or topping feature, which in this case, is a bottom. The next upside objectives are $18.51 and $19.22. Recent weather is drawing concerns as the crop nears maturity and harvest is just days away. International trading remains quiet with shipment against early sales continuing.



Cattle & Hogs  Date: August 22, 2008

Cattle
As reported by Federal-State Market News, receipts were n/a head at sales in n/a.  Compared with last week, feeder steers .

Steers:
 Medium & Large Frame n/a   - - - to - - - lbs. - - - to - - -
  - - - to - - - lbs. - - - to - - -
  - - - to - - - lbs. - - - to - - -
 Medium & Large Frame n/a   - - - to - - - lbs. - - - to - - -

Heifers:
 Medium & Large Frame n/a   - - - to - - - lbs. - - - to - - -
 Medium & Large Frame n/a   - - - to - - - lbs. - - - to - - -

Slaughter Cows, Boners n/a   to   - - -
Light Weight to - - -
Bulls, Yield Grade   n/a   - - -   to   - - - lbs.   - - -   to   - - -
Midwest Steers   n/a   at   - - -   to   - - -
Panhandle Steers   n/a   at   - - -   to   - - -

Oklahoma City Feeders
Steers 500 to 550 lbs. 110.60 to 124
  600 to 650 lbs. 109 to 119.75
Heifers 500 to 550 lbs. 100 to 114
  600 to 650 lbs. 100.50 to 112.50

Chicago Futures:
Live Cattle: Oct down 52 at 10577
  Dec down 55 at 10690
Feeders: Oct down 2 at 11250
  Nov up 5 at 11230

Cattle Comment
Cattle futures were under pressure from weaker grains and crude oil, and pre-report position evening ahead of this afternoon’s Cattle on Feed report. Reduced packer demand ahead of the Labor Day holiday also affected prices.

Hogs
Peoria: were     steady   at   57   to   58

Chicago Futures: Oct down 102 at 7375
  Dec down 22 at 7410

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

Hogs Comment
Hogs were also lower. Packers have picked up most of their near term needs and are showing less interest as we approach the Labor Day holiday. Lower wholesale values are also a negative.



Poultry  Date: August 22, 2008

Eggs

New York:  Ex. Lg. 127-131; Lg. 125-129; Med. 89-93;
Chicago:  Ex. Lg. 108-116; Lg. 106-114; Med. 70-78;

Eastern Region Turkeys
Hens: 8-16 lbs. 96-99
Toms: 16-24 lbs. 96-99
 

Delmarva Broilers
U.S. Grade A
Trade sentiment was cautiously steady. Demand entering the weekend as light to fair with limited trading. Supplies of all sizes were fully sufficient to satisfy trade needs. In production areas, live supplies were moderate at mostly desirable weights.

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