Friday, September 26, 2008

09/26/2008 Farm Bureau Market Report

Click here to view this report online.

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

Soybeans

Local Elevators:
(Sep) EAST AR:  n/a to - - -
(NC) Summ. 1074 to 1125
River Elevators:
(Sep) MISS: 1069 to 1140 ; AR & White 1102 to 1122
(NC) Summ. 1069 to 1146
Ark. Processor Bids: (Sep) 1115 to - - -  (NC) 1102 to 1122
Memphis:  (Sep) 1124 to 1129 (NC)  1119 to - - -
Riceland Foods:  (Sep) Stuttgart 1122 ; Pendleton 1125 ; West Memphis 1146

Chicago Futures: Nov down 19 at  1164
  Jan '09  down  19  at  1180 1/2
  Mar '09 down 18 1/4  at  1194 1/4
  May '09 down 17 1/2  at  1207
  Nov '09 down 17 1/2  at  1179 1/2
  Today's Arkansas LDP rate for soybeans is:

Soybean Comment
Soybeans posted sharp losses on the news that government talks regarding a bank bailout program had broken down today. Soybean harvest is getting underway, and yield reports are mixed from across the country. USDA says the average yield will be 40 bushels per acre, which would leave a tight supply situation. Any decline in that yield will, of course, mean that stocks will be even tighter and the market might have some work to do to ration usage. Support is seen at $11.00. A close above $12.30 would confirm a seasonal low.

Wheat
Cash bid for September at Memphis  496 to 521;

Bids to farmers at Local Elevators 512-592;
River Elevators 592-612;

Chicago Futures: Dec down  20 1/4  at  716 
  Mar '09 down 19 1/2  at  737 
  May '09 down  19 1/2  at  751 
  Jul '09 down  19 1/4  at  761 1/2 
  Sep '09 down  19  at  778 
  Today's Arkansas LDP rate for wheat is:

Grain Sorghum
Cash bid for September at Memphis  720 to 746;

Bids to farmers at River Elevators 695-775;
Today's Arkansas LDP rate for sorghum is:

Corn

Cash bid for September at Memphis   498 to 503;
  new crop at Memphis   521 1/2 to 526 1/2;
Bids to farmers at River Elevators  484 to 508

Chicago Futures: Dec down  15 1/4  at  543 
  Mar '09 down  15  at  561 
  May '09 down  14 3/4  at  572 1/2 
  Dec '09 down  10 1/2  at  588 3/4 
  Today's Arkansas LDP rate for corn is:

Grain Comment
Corn followed much the same path as soybeans. December needs to close above $5.80 to signal a retest of resistance at $6.25. Support is the recent low of $5.24. Wheat was also lower. December resistance starts at $7.57. Support begins at last week’s low of $6.86.



Cotton & Rice  Date: September 26, 2008


Cotton

Spot Price, Grade 41 Staple 34: Memphis down 128 at  5513
  Greenwood down  128 at 5513

New York Futures: Oct down  111  at  5810 
  Dec down  141  at  6025 
 Mar '09 down  147  at  6473 
 May '09 down  131  at  6679 
 Jul '09 down  144  at  6870 
This week's LDP rate for cotton is  0 cents
  The estimate for next week is  0 cents
Cotton Comment
Cotton was lower, pressured by the disappointing news from Washington. Big 07-08 stocks also continue to pressure the market despite prospects of a much smaller ’08 U.S. crop. Yield prospects in Texas have improved, while the mid-South lost some potential yield to hurricanes Gustav and Ike. Economic conditions that threaten to spread world wide are adding to the negative undertone for cotton.

Rice

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

Chicago Futures: Nov down  29 1/2  at  1988 1/2 
 Jan '09 down  28 1/2  at  2021 1/2 
 Mar '09 down  28 1/2  at  2052 1/2 
 May '09 down  28 1/2  at  2082 1/2 
 - - -   - - -  at  - - - 
Today's Arkansas LDP rate for long grain rice is 
medium grain rice is 
Rice Comment
Rice gapped lower today. November charted a downward key reversal Wednesday, so additional losses are likely. The bottom of the recent trading range is $18.30. That should provide some support on a downward retracement move. Most mills are busy into November, and milled sales to normal customers like Haiti continue. Rough rice exports to Mexico and other Central American countries also continue.



Cattle & Hogs  Date: September 26, 2008

Cattle
As reported by Federal-State Market News, receipts were 9,505 head at sales in Arkansas this week.  Compared with last week, feeder steers sold weak to $3 lower .

Steers:
 Medium & Large Frame 1   400 to 450 lbs. 118.06 to - - -
  500 to 550 lbs. 105.84 to - - -
  600 to 650 lbs. 97.38 to - - -
 Medium & Large Frame 2   400 to 450 lbs. 102.64 to - - -

Heifers:
 Medium & Large Frame 1   400 to 450 lbs. 96.12 to - - -
 Medium & Large Frame 2   400 to 450 lbs. 91.20 to - - -

Slaughter Cows, Boners 43   to   48
Light Weight 25 to 32
Bulls, Yield Grade   1   1000   to   2100 lbs.   57   to   65, high dressing 67.50-69.50
Midwest Steers   n/a   at   - - -   to   - - -
Panhandle Steers   n/a   at   - - -   to   - - -

Oklahoma City Feeders
Steers 500 to 550 lbs. 109 to 123.75
  600 to 650 lbs. 102 to 107.50
Heifers 500 to 550 lbs. 101 to 113
  600 to 650 lbs. 95 to 111.25

Chicago Futures:
Live Cattle: Dec up 17 at 10280
  Feb down 4 at 10307
Feeders: Nov 80 at 10557
  Jan 70 at 10580

Cattle Comment
Cattle futures continued lower on concerns about the economy and its impact on beef demand. Lower beef values seemed to confirm ideas that demand is decreasing. October live cattle have support at the recent spike low.

Hogs
Peoria: were     steady   at   46   to   46.50

Chicago Futures: Dec down 7 at 6605
  Feb down 42 at 7185

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

Hogs Comment
Hogs were mixed as traders worry the weak economy will hurt pork demand. Ideas that this afternoon’s inventory report will show herd liquidation provided some underlying support. October futures have support near $65.50.



Poultry  Date: September 26, 2008

Eggs

New York:  Ex. Lg. 111-115; Lg. 109-113; Med. 97-101;
Chicago:  Ex. Lg. 101-109; Lg. 99-107; Med. 86-94;

Eastern Region Turkeys
Hens: 8-16 lbs. 98-102
Toms: 16-24 lbs. 97-102
 

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

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Copyright 2008
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All rights reserved
Terms of Use

Thursday, September 25, 2008

FWD: Morning Manna (Sept. 26); BP: Jer. 31; RBTTY: Gal. 5; Isaiah 1-2

 
Samuel D. High
sdhigh@aristotle.net

 



-----Original Message-----
From: Apostle Tom <pressingon@hotmail.com>
Sent: Thu, 25 Sep 2008 03:35:39 -0500
To: <pressingon@hotmail.com>
Subject: Morning Manna (Sept. 26); BP: Jer. 31; RBTTY: Gal. 5; Isaiah 1-2
 

September 26                                                                                                                                                                                                                                           &n bsp;  “As A Watered Garden”

                                                             “. . .and their soul shall be as a watered garden—and they shall not sorrow anymore.”

                                                                                                                                                                                                                                                                              &n bsp;   Jeremiah 31:12b

     In Christ we find our reason for being and the fullness of life and joy.

     A garden is a wonderful, tangible expression of the cooperative relationship that exists between God and man.  Although the gardener (or farmer as the case may be) is the one who has to prepare the soil, plant the seed and cultivate the crop by de-weeding, watering, fertilizing, etc., it is still the God the Father Who “gives the increase” (I Cor. 3:7).

 

     Again, we know it is man who “labors by the sweat of his/her brow” (Gen. 3:19) to help ready the garden/field for harvest; however, once again, it is our Creator Who has instilled with the seeds the inherent ability to germinate. . .provided the soil and her nutrients in which the seed/plant must grow. . .and the sunshine and rain so needed (in the right combinations) to help produce the long-awaited harvest fruits.

 

     Thus, today’s Manna is a delightful one for those who enjoy “laboring together with God” (I Cor. 3:9) in a garden or agrarian environment.  Although one who always has bountiful vegetable or flower gardens is said to have a “green thumb,” the fact remains that they always have “dirty fingernails”—for producing such results requires long, hard hours of manual labor and continual hope for the desired results.

 

     And, so it is with our “soul being as a watered garden.”  We know the soil for “God’s Garden” is the heart and the Seed is His Word.  The Sower is the Holy Spirit working through the preacher/teacher/witness who faithfully “sows” (shares) it (Mt. 13:1-23).  And, when the Seed is fertilized by faith and watered with tears, new life will break forth, producing “fruits of righteousness” (Phil. 1:11) and the delectable “fruits of the Spirit” (Gal. 5:22-23) instead of the rotten “fruits of the flesh” (Gal. 5:19-21).

 

     We should note this Garden is a “watered one,” which shows “insistent intentionality”—i.e., purposeful planning, preparation and provisions.  The One overseeing this Garden doesn’t leave anything to accident or coincidence; instead, great care has been given to insuring an adequate water supply, even during times of drought.

 

     Isn’t this a wonderful thought, Pilgrim? 

     Assuredly it is.  Has not our Lord told us that the one who “delights in His Law by meditating on it day and night shall be like a tree planted by the rivers of water, that brings forth his fruit in his season—and his leaf also shall not wither and whatsoever he does shall prosper” (Ps. 1:2-3; Jer. 17:7-8)?  And, did not Jesus tell the guilt-ridden Samaritan woman at the well that He’d cause “living water to spring up into everlasting life to anyone who’d drink from His well” (Jn. 4:14)?  Glory!!

 

     Therefore, we should rejoice today that the God of the universe has seen fit to choose us as His “well-watered Garden” and loves us with His own version of T.L.C.  (Tender-loving Christ).  Hallelujah!!  May we “abide in Him” today, knowing it’s impossible to “bear fruit” any other way (Jn. 15:1-7).

09/25/2008 Farm Bureau Market Report

Click here to view this report online.

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

Soybeans

Local Elevators:
(Sep) EAST AR:  n/a to - - -
(NC) Summ. 1093 to 1144
River Elevators:
(Sep) MISS: 1088 to 1159 ; AR & White 1121 to 1141
(NC) Summ. 1088 to 1165
Ark. Processor Bids: (Sep) 1138 to - - -  (NC) 1121 to 1141
Memphis:  (Sep) 1148 to - - - (NC)  1138 to - - -
Riceland Foods:  (Sep) Stuttgart 1141 ; Pendleton 1144 ; West Memphis 1165

Chicago Futures: Nov down 4 at  1183
  Jan '09  down  4 1/4  at  1199 1/2
  Mar '09 down at  1212 1/2
  May '09 down at  1224 1/2
  Nov '09 down at  1197
  Today's Arkansas LDP rate for soybeans is:

Soybean Comment
Soybeans ended lower in relatively quiet trading. Stronger stocks and news of a government bailout program boosted prices early on, but the bulls lost momentum as the day wore on. A healthy export sales total of 22.5 million bushels was reported by USDA. The market is not reacting to fundamentals as much as it normally does however. With harvest just beginning, traders would like to get a feel for actual yields. Projections indicate stocks will remain tight. Support is seen at $11.00. A close above $12.30 would confirm a seasonal low.

Corn followed much the same path as soybeans. December needs to close above $5.80 to signal a retest of resistance at $6.25. Support is the recent low of $5.24.

Wheat
Cash bid for September at Memphis  516 1/4 to 536 1/4;

Bids to farmers at Local Elevators 531-586;
River Elevators 553-606;

Chicago Futures: Dec up  at  736 1/4 
  Mar '09 up 5 3/4  at  756 1/2 
  May '09 up  5 1/2  at  770 1/2 
  Jul '09 up  4 1/2  at  780 3/4 
  Sep '09 up  4 3/4  at  797 
  Today's Arkansas LDP rate for wheat is:

Grain Sorghum
Cash bid for September at Memphis  729 to 809;

Bids to farmers at River Elevators 721-802;
Today's Arkansas LDP rate for sorghum is:

Corn

Cash bid for September at Memphis   515 1/4 to 518 1/4;
  new crop at Memphis   534 to 539;
Bids to farmers at River Elevators  499 to 523

Chicago Futures: Dec down  4 3/4  at  558 1/4 
  Mar '09 down  4 1/2  at  576 
  May '09 down  at  587 1/4 
  Dec '09 down  3 1/4  at  599 1/4 
  Today's Arkansas LDP rate for corn is:

Grain Comment
Wheat ended higher again today. There is little fundamental justification for a rally with a major recovery of world-wide supplies of wheat in the works. December resistance starts at $7.57. Support begins at last week’s low of $6.86.



Cotton & Rice  Date: September 25, 2008


Cotton

Spot Price, Grade 41 Staple 34: Memphis up 31 at  5641
  Greenwood up  31 at 5641

New York Futures: Oct   38  at  5920 
  Dec up  at  6140 
 Mar '09 up  10  at  6598 
 May '09 up  27  at  6810 
 Jul '09 up  36  at  7014 
This week's LDP rate for cotton is  0 cents
  The estimate for next week is  0 cents
Cotton Comment
Cotton was lower again today. Big 07-08 stocks continue to pressure the market despite prospects of a much smaller ’08 U.S. crop. Yield prospects in Texas have improved, while the mid-South lost some potential yield to hurricanes Gustav and Ike. Economic conditions that threaten to spread world wide are adding to the negative undertone for cotton.

Rice

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

Chicago Futures: Nov up  39  at  2018 
 Jan '09 up  38 1/2  at  2050 
 Mar '09 up  38 1/2  at  2081 
 May '09 up  38 1/2  at  2111 
 - - -   - - -  at  - - - 
Today's Arkansas LDP rate for long grain rice is 
medium grain rice is 
Rice Comment
Rice did not follow through on yesterday’s negative price action, instead posting solid gains. The market failed to challenge yesterday’s high, however, so the key reversal top charted yesterday is still valid and we could see the market work lower. The bottom of the recent trading range is $18.30. That should provide some support on a downward retracement move. Most mills are busy into November, and milled sales to normal customers like Haiti continue. Rough rice exports to Mexico and other Central American countries also continue. The U.S. has also reported the first sale of rice to Iran in five years.



Cattle & Hogs  Date: September 25, 2008

Cattle
As reported by Federal-State Market News, receipts were 2,632 head at sales in Charlotte, Ratcliff & Green Forest.  Compared with last week, feeder steers mostly weak to $5 lower .

Steers:
 Medium & Large Frame 1   400 to 450 lbs. 111.03 to - - -
  500 to 550 lbs. 107.52 to - - -
  600 to 650 lbs. 105.44 to - - -
 Medium & Large Frame 2   400 to 450 lbs. 111.43 to - - -

Heifers:
 Medium & Large Frame 1   400 to 450 lbs. 95.54 to - - -
 Medium & Large Frame 2   400 to 450 lbs. 92.34 to - - -

Slaughter Cows, Boners 45   to   51
Light Weight 35 to 42
Bulls, Yield Grade   1   1000   to   2100 lbs.   57   to   64.50, high dressing 65-67
Midwest Steers   remained steady   at   99   to   - - -
Panhandle Steers   remained steady   at   99, few 98   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: Dec down 157 at 10262
  Feb down 82 at 10350
Feeders: Nov down 107 at 10637
  Jan down 57 at 10650

Cattle Comment
Cattle futures turned lower again on economic worries. Lower beef values were also a factor. October live cattle have tough resistance around $103.

Hogs
Peoria: were     steady   at   46   to   46.5

Chicago Futures: Dec down 10 at 6612
  Feb steady at 7227

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

Hogs Comment
Hogs were mixed as traders worry the weak economy will hurt pork demand. Ideas that Friday’s inventory report will show herd liquidation were supportive. October futures have support near $65.50.



Poultry  Date: September 25, 2008

Eggs

New York:  Ex. Lg. 111-115; Lg. 109-113; Med. 97-101;
Chicago:  Ex. Lg. 101-109; Lg. 99-107; Med. 86-94;

Eastern Region Turkeys
Hens: 8-16 lbs. 98-102
Toms: 16-24 lbs. 98-102
 

Delmarva Broilers
U.S. Grade A
Trade sentiment was barely steady to weak. Demand was slow to fair with trading usually limited to most immediate needs. Supplies of all sizes were adequate to ample for light trade requirements. In production areas, live supplies were moderate at mostly desirable weights.

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

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

QUESTIONS OR COMMENTS?

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

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

Copyright 2008
Arkansas Farm Bureau, Inc.
All rights reserved
Terms of Use

Wednesday, September 24, 2008

FWD: Morning Manna (Sept. 25); BP: Jer. 31; RBTTY: Gal. 4; Song of Sol.

 
Samuel D. High
sdhigh@aristotle.net

 



-----Original Message-----
From: Apostle Tom <pressingon@hotmail.com>
Sent: Wed, 24 Sep 2008 19:59:39 -0500
To: <pressingon@hotmail.com>
Subject: Morning Manna (Sept. 25); BP: Jer. 31; RBTTY: Gal. 4; Song of Sol.
 

September 25                                                                                                                “His Everlasting Love”

 

“The Lord has appeared of old unto me, saying, ‘Yea, I have loved you with an everlasting love; therefore, with loving-kindness have I drawn you’.”

                                                                                                                                                       Jeremiah 31:3

     As “deep calls unto deep” (Ps. 42:7a), so does His love beckon us to draw near, even when we’re wandered far from Him.

     When did you first meet Jesus, the Risen Lord, Pilgrim?  Do you remember the first time you heard His Name or felt His tender embrace?  Can you still recall that day or night when “Heaven came down and glory filled your soul”?

 

     If so, then most likely you find tears coming to your eyes right now as you ponder these beautiful words:  “The Lord has appeared of old unto me, saying, ‘Yea, I have loved you with an everlasting love; therefore, with loving-kindness have I drawn you..’”

 

     To fully appreciate them, let’s look at them in a bit different way:

     The Lord has appeared of old unto me.”  Perhaps saying “The Lord of old has appeared unto me”—which means “The God of my youth has appeared unto me” or “The One Who came to me in my darkest hour of need has appeared unto me”—will help us.  Or, saying it this way will shed new light for us: “The One Who has been so faithful to me down through the years has once again come unto me and said:

 

     Yea, I have loved you with an everlasting love.” 

     An “everlasting” love?  What kind of love is this?

     It’s an “eternal” love. . .a “never grows old,” “never gives up” or “gets tired of me” love. . .a patient, always “looking beyond my faults and seeing my need” kind of love.  And, it’s the Father’s love that “sees me afar off, has compassion on me, runs to meet me, hugs and kisses on me as He says ‘Welcome Home’” (Lk. 15:20) when I’ve messed up and realize what I’ve given up to do things my way.

 

     Therefore, with loving-kindness have I drawn you.

     “Loving-kindness.”

     What is this thing that “draws me?”

     A simple look at the word gives us one clue:  “A love that is kind—not stern or demanding.  A love that is merciful, giving us what we need, not what we deserve.  A love that is compassionate, knowing full-well how stupid we are and prone to straying, yet still longs to lead us to green pastures and beside still waters” (Ps. 23:1-2).

 

     And, what does it mean “to draw me”?

     One meaning is “allured.”  Like a moth to the flame, we’re drawn to Christ and His love.  There’s something about the sight of Him, hanging on the Tree, that draws us.  But, perhaps we’d do well to see it as His “binding” love.  From the time He enters our heart, like the woman at the well (Jn. 4:1-29), we find in Him the “Well of living water” (v.14).  And, with His “threefold cord of love, which cannot be easily broken” (Eccl. 4:12), He slowly “draws us back to His Heart,” knowing we’ll never roam again.

>

09/24/2008 Farm Bureau Market Report

Click here to view this report online.

Arkansas Farm Bureau
Arkansas Farm Bureau
Grain & Soybean Date: September 24, 2008

Soybeans

Local Elevators:
(Sep) EAST AR:  n/a to - - -
(NC) Summ. 1079 to 1148
River Elevators:
(Sep) MISS: 1092 to 1163 ; AR & White 1125 to 1145
(NC) Summ. 1092 to 1169
Ark. Processor Bids: (Sep) 1142 to - - -  (NC) 1125 to 1145
Memphis:  (Sep) 1152 to - - - (NC)  1137 to 1142
Riceland Foods:  (Sep) Stuttgart 1145 ; Pendleton 1148 ; West Memphis 1169

Chicago Futures: Nov unchanged at  1187
  Jan '09  unchanged    at  1203 3/4
  Mar '09 down 3/4  at  1217 1/2
  May '09 down 3/4  at  1229 1/2
  Nov '09 down at  1204
  Today's Arkansas LDP rate for soybeans is:

Soybean Comment
Soybeans closed mixed as the market lost ground late in the session. Outside markets tended to influence price with higher oil and a weaker $ supporting the market early. As trading in those areas reversed, so did beans and corn. The market is not reacting to fundamentals as much as it normally does. However, with harvest just beginning, traders would like to get a feel for actual yields. Projections indicate stocks will remain tight. Support is seen at $11.00. A close above $12.30 would confirm a seasonal low.

Corn followed much the same path as soybeans, but did close slightly higher for the day. December moved to $5.72 ½ before closing steam. A close above $5.80 would signal a retest of resistance at $6.25. Support is the recent low of $5.24.

Wheat
Cash bid for September at Memphis  510 1/4 to 515 1/4;

Bids to farmers at Local Elevators 526-571;
River Elevators 571-616;

Chicago Futures: Dec down  20 1/4  at  730 1/4 
  Mar '09 down 19 1/2  at  750 3/4 
  May '09 down  18 1/2  at  765 
  Jul '09 down  19 3/4  at  776 1/4 
  Sep '09 down  20 1/4  at  792 1/4 
  Today's Arkansas LDP rate for wheat is:

Grain Sorghum
Cash bid for September at Memphis  738 to 818;

Bids to farmers at River Elevators 748-820;
Today's Arkansas LDP rate for sorghum is:

Corn

Cash bid for September at Memphis   523 to 528;
  new crop at Memphis   537 3/4 to 552 3/4;
Bids to farmers at River Elevators  509 to 533

Chicago Futures: Dec up  2 3/4  at  563 
  Mar up  2 1/2  at  580 1/2 
  May '09 up  at  592 1/4 
  Dec '09 up  at  602 3/4 
  Today's Arkansas LDP rate for corn is:

Grain Comment
Wheat ended higher again today, but December stopped short at resistance at $7.57 again today. There is little fundamental justification for a rally with a major recovery of world-wide supplies of wheat in the works. The market has further resistance at a chart gap to $7.70 and then a gap between $7.77 and $7.98. Support begins at last week’s low of $6.86.



Cotton & Rice  Date: September 24, 2008


Cotton

Spot Price, Grade 41 Staple 34: Memphis down 95 at  5610
  Greenwood down  95 at 5610

New York Futures: Oct down  134  at  5800 
  Dec down  80  at  6150 
 Mar '09 down  69  at  6604 
 May '09 down  88  at  6783 
 Jul '09 down  87  at  6978 
This week's LDP rate for cotton is  0 cents
  The estimate for next week is  0 cents
Cotton Comment
Cotton was lower again today. Big 07-08 stocks continue to pressure the market despite prospects of a much smaller ’08 U.S. crop. Yield prospects in Texas have improved, while the mid-South lost some potential yield to hurricanes Gustav and Ike. Economic conditions that threaten to spread world wide are adding to the negative undertone for cotton.

Rice

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

Chicago Futures: Nov down  25  at  1979 
 Jan '09 down  23 1/2  at  2011 1/2 
 Mar '09 down  22 1/2  at  2042 1/2 
 May '09 down  22  at  2072 1/2 
 - - -   - - -  at  - - - 
Today's Arkansas LDP rate for long grain rice is 
medium grain rice is 
Rice Comment
Rice left a huge key reversal top today. The market opened higher then declined sharply ending the session lower. This generally means the market will work lower in the short term. The bottom of the recent trading range is $18.30. That should provide some support on a downward retracement move. Most mills are busy into November, and milled sales to normal customers like Haiti continue. Rough rice exports to Mexico and other Central American countries also continue. However, the U.S. market is about $100 above milled values in Thailand and Vietnam’s market is about $200 lower than Thailand.



Cattle & Hogs  Date: September 24, 2008

Cattle
As reported by Federal-State Market News, receipts were 1,139 head at sales in Conway & Pocahontas.  Compared with last week, feeder steers sold $1-3 lower, instances $4-6 lower .

Steers:
 Medium & Large Frame 1   400 to 450 lbs. 110.93 to - - -
  500 to 550 lbs. 103.65 to - - -
  600 to 650 lbs. 95.24 to - - -
 Medium & Large Frame 2   400 to 450 lbs. 93.90 to - - -

Heifers:
 Medium & Large Frame 1   400 to 450 lbs. 93.72 to - - -
 Medium & Large Frame 2   400 to 450 lbs. 78.80 to - - -

Slaughter Cows, Boners 43   to   52
Light Weight 34 to 38
Bulls, Yield Grade   1   1000   to   2100 lbs.   54   to   61, high dressing untested
Midwest Steers   were $2 higher   at   99   to   - - -
Panhandle Steers   were $2 higher   at   99   to   - - -

Oklahoma City Feeders
Steers 500 to 550 lbs. 114 to 123.75
  600 to 650 lbs. 103.75 to 106
Heifers 500 to 550 lbs. 105 to 110.50
  600 to 650 lbs. 103.50 to 109

Chicago Futures:
Live Cattle: Dec up 75 at 10420
  Feb up 65 at 10432
Feeders: Nov up 150 at 10745
  Jan up 122 at 10707

Cattle Comment
Cattle futures turned lower again on economic worries and renewed strength in the dollar. The latter will hurt our export potential. October live cattle have tough resistance around $103.

Hogs
Peoria: were $1.5     higher   at   46   to   46.5

Chicago Futures: Dec down 7 at 6622
  Feb up 40 at 7227

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

Hogs Comment
Hogs were lower, also on concerns about the strength of the economy and the stronger dollar and its potential impact on exports. October futures have support near $65.50.



Poultry  Date: September 24, 2008

Eggs

New York:  Ex. Lg. 111-115; Lg. 109-113; Med. 96-100;
Chicago:  Ex. Lg. 101-109; Lg. 99-107; Med. 86-94;

Eastern Region Turkeys
Hens: 8-16 lbs. 98-102
Toms: 16-24 lbs. 98-102
 

Delmarva Broilers
U.S. Grade A
Trade sentiment was barely steady to weak. Demand was slow to fair, slightly better where features were active. Supplies of all sizes were adequate to ample for light trade needs. In production areas, live supplies were moderate. Weights were mostly desirable.

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Tuesday, September 23, 2008

FWD: Morning Manna (Sept. 24); BP: Jer. 31; RBTTY: Gal. 3; Song of Sol.

 
Samuel D. High
sdhigh@aristotle.net

 



-----Original Message-----
From: Apostle Tom <pressingon@hotmail.com>
Sent: Tue, 23 Sep 2008 21:25:11 -0500
To: <pressingon@hotmail.com>
Subject: Morning Manna (Sept. 24); BP: Jer. 31; RBTTY: Gal. 3; Song of Sol.
 

DEAR FELLOW PILGRIM:

     This edition of "Morning Manna" celebrates 10 years of writing this daily e-mail devotional.  Begun in the Philippines as a daily thought of inspiration with one other person half a world away, the readers now number close to 1,000 folks in 10-11 countries around the world.  How the Lord has blessed!   So, I hope you'll rejoice with me and give thanks to the Lord for how He uses this means of sharing His Word to minister to others.  To Him be all the glory!  God bless you!

 

September 24                                                                                                            “Grace in the Wilderness”

 

“Thus says the Lord, The people which were left of the sword found grace in the wilderness. . .”

                                                                                                                                                    Jeremiah 31:2a

     In life’s most unusual places, we find Him there and, in finding Him, we find everything we’ll need (and more).

     Grace.”

     How small this word, but how powerful its implications.  Like so many other words, we use it glibly. . .sing of it powerfully. . .quote Scriptures referring to it, etc.  But, the question is, “Do we really know what it means?”

 

     We can check the commentaries and discover that the Hebrew word “chen” is used here and also means “graciousness, beauty, precious, well-favored, etc.”  This is the same word used for what Noah found that day when he looked up into God’s eyes (Gen. 6:8).  But, do we really know what it means?

 

     Likewise, we can jump to the New Testament—which, in reality, is all about “grace”—and we’ll discover the Greek word “charis” is used there and basically means “the Divine influence upon one’s life, God’s favor, love which cannot be earned, etc.”  But, again, do we really know what it means?

 

     John the Baptist came preaching in the wilderness in the spirit and likeness of the long-awaited Elijah.  His message was a stern one:  “Repent!”  But, soon He’d stop, point to the silent Stranger Who’d drawn near, and say “He’s the One!  He’s the One!  Behold, the Lamb of God, Who takes away the sin of the world!” (Jn. 1:29).

 

     Later on, another John—the Apostle and fiery son of Zebedee—would write of Him, “He was/is the Word made flesh. . .full of grace and truth” (Jn. 1:14, 17b).  Say those words again, Pilgrim:  “Full of grace and truth.”

 

     Thus, it’s clear:  In Jesus we find the fullness of grace and truth.  And in Him we find their Source.  So, it follows that when we find “grace in the wilderness,” it’s because we find Him there; or, would it be better to say “He found us there” (cf. Dan 3:19-25)?

 

     Grace for the wilderness.”

     Grace in our darkest hour of need, distress and despair.  Grace in our weakness (II Cor. 12:9-10), when all of our resources have been depleted and our friends are long-time gone.  Grace for our trials, when we find ourselves at “Wits’ End Corner” (Ps. 107:27) and we’re “down for the count.”

 

     Wherever we find grace, we find Him. . .the One with nail-scars in His Hands. . .the One Who embodied Grace in everything He did and said. . .the One Who “runs to meet us and restores us” when we’ve messed everything up, but decide to come Home anyway (Lk. 15:11-24).  Yes, weary one, there’s “grace in the wilderness.”  Come to Him.  Come now. . .and rest.  He’s ready, willing and able.  Come.