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| Grain & Soybean Date: September 26, 2008 Soybeans Local Elevators:
Soybean Comment Wheat
Grain Sorghum
Corn
Grain Comment Cotton & Rice Date: September 26, 2008
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
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
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 - - -
Chicago Futures:
Cattle Comment Peoria: were steady at 46 to 46.50
Sheep St. Paul sheep shorn slaughter lambs at n/a to - - - Hogs Comment Poultry Date: September 26, 2008 Eggs
Eastern Region Turkeys
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. ---------------------------------------- HOW TO UNSUBSCRIBE You are receiving this newsletter because you requested that your e-mail address be added to the Arkansas Farm Bureau Market Report. To unsubscribe or change your subscription information, go to http://www.arfb.com/commodity_marketing/email/ ---------------------------------------- QUESTIONS OR COMMENTS? If you have any comments or questions about this e-newsletter please e-mail us at mktrpt@arfb.com Arkansas Farm Bureau Copyright 2008 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
