Sunbelt Ag News

DOANE: Cotton Comment

Closing Livestock: Lean Hog Rebound by Triple Digits 2-8

Closing Cotton: Cotton Surges Almost Limit, Finishes Strong 2-8

Closing Grain: Short-Covering Rally 2-8

Linn Corn Commentary: Market Opened Higher 2-8

Linn Wheat Commentary: Grain Prices Seem to be Stabilizing 2-8

Linn Soybean Commentary: Soybeans Were Higher 2-8

U.S. Stock Market News 2-8

Midday Livestock: Lean Hogs Post Strong Gains 2-8

Midday Grain: Higher 2-8

Opening Cotton: Bounces On Outside Influences 2-8

USDA National Weekly Rice Summary 2-8

Opening Grains: Post Solid Rallies During Overnight Session 2-8

Opening Livestock: Live and Feeder Futures Should Open Moderately Higher 2-8

K. Good's Farm Policy: Budget Issues; Ag Economy; Climate Change; Trade 2-8

Almond Crop In California Moving Toward Bloom - How Fast? 2-7

Diesel And Gasoline Prices Drop For Third Straight Week 2-5

Cotton For 2010 Could Hit 10.1 Million Acres: NCC Survey 2-5

Kentucky: Producers Can Manage Genetic Defects in Cattle 2-5

Closing Rice: Futures Down Again 2-5

Crop Insurance: A Vital Marketing Tool 2-5

Upgrading China Soy Logistics 2-5

Newsom on the Market 2-5

USDA National Weekly Cotton Summary 2-5

Virginia Cotton: Variety Report Card 2-5

USDA National Weekly Grain Summary 2-5

New RFS Draws Mixed Reviews 2-4

Sanow's Market Sense 2-4

Digging Through the Marketing Toolbox 2-4

Louisiana: Annual Crops Symptomology Symposium - Focus on Cotton and Rice 2-4

Kentucky: UK Researcher on Ground Floor of Biofuels Study 2-4

Louisiana: AgFax.com Editor Among Speakers at Louisiana Ag Tech, Management Conference 2-3

Fruit and Vegetables from STAT

Grain Futures Newswire

Upcoming Events:

(FD: field day; SS: scout schools)

Texas "Selecting, Developing and Working a Marketing Plan," Feb. 8-9, 8:30 am, Texas AgriLife REC, Amarillo

Regional Cotton Production Meeting, Feb 9, 6 pm, Stagecoach Cafe, Stockton, Alabama.

Louisiana: St. Martin Rice Production Meeting, Feb. 9, 6 pm, St. Martin Extension Office, Breaux Bridge.

Private Applicator Training, Feb. 9, 6 pm, Winona Extension Office, Winona, Mississippi

Texas Llano Estacado Corn Conference, Feb. 9, Castro County Exposition Building, Dimmitt, Castro County, 806-647-4115 (continuing ed).

Texas: Blackland Income Growth Conference, Feb. 9-10, Heart of Texas Fair Complex, Waco.

Iowa Soil Fertility and Nutrient Management Short Course, Feb. 9-10, Knapp-Storms Dining Complex, Iowa State University campus, Ames.

"What to Plant in 2010 for the Most Profit Potential", February 11, Coffee County Extension Office, Douglas, Georgia.

Texas Southwest Farm and Ranch Classic, Feb. 9-11, Lubbock Memorial Civic Center, Lubbock.

Parmer County Cottonseed Variety Meeting,9 a.m.-12.00p.m. Feb. 10 in the Farwell Community Center.

Louisiana Agricultural Technology & Management Conference, Feb. 10-12, SAI Convention Centre, Alexandria.

Texas South Plains Ag Conference, Feb. 10, Brownfield, Terry County, 806-637-4060, (continuing ed).

Texas Cottonseed Variety Meeting, Feb. 10, Farwell, Parmer County at 806-481-3619, (continuing ed).

Vermilion Parish Rice Growers Meeting, Feb. 10, 7 pm, Hebert's Steakhouse in Nunez.

Georgia Crop Marketing Meeting, Feb. 11, 6:30 pm, "What to Plant in 2010 for the Most Profit Potential", Coffee County Extension Office, Douglas.

Cotton Marketing Network Teleconference, Feb. 11.

Cotton Production Seminar and Discussion, Feb. 11 Vaiden Library, Vaiden, Mississippi.

Texas Cotton Production Meeting, Feb. 11, Lamesa, Dawson County, 806-872-3444, (continuing ed).

Tennessee 2010 Cotton Focus Meeting, Feb. 11, 8 am, West Tenn. REC, Jackson.

Louisiana: 75th Annual Livestock Show Feb. 13-20. Lamar-Dixon Expo Center, Gonzales.

Mississippi Crop College/Joint Pest Conference, Feb. 16-18, Delta REC, Stoneville.

Arkansas: Commercial Tree, Fruit Workshop, Feb. 16. Natural Resources Center, Conway.

Georgia: Southern Green for Professional Landscapers, Feb. 16, 8 am, Albany Technical College, Albany.

Cotton Price Risk Management Seminar, Feb. 17, 8:30 am, The Peabody Hotel, Memphis, Tenn., Sponsored by Cotton Incorporated.

Louisiana Ag Industries Association Annual Meeting, Feb 18-19, 9:30 am, Paragon Casino, Marksville.

RTWG (Rice Technical Working Group) 33rd Conference, Feb. 22-25, Biloxi, MS.

Texas Cotton Production Meeting, Feb. 22, Tahoka, Lynn County, 806-561-4562, (continuing ed).

Texas Cotton Variety Selection, Cotton Outlook and Fertilizer Management, Feb. 23, Brownfield, Terry County, 806-637-4060, (continuing ed). 

Texas Farm, Ranch, Wildlife Expo, Feb. 23-24, 10 am, Taylor County Expo Center, 1700 state Highway 36, Abilene.

Private Applicator Training, Carrollton Extension Office, February 25, Carrollton, Mississippi.

Louisiana: Greenhouse Tomato Seminar, Feb. 26, 1 pm, Call 318-741-7430 to register, Bossier City.

Mid-South Farm And Gin Show, Feb. 26-27, Memphis.

Louisiana Advanced Entomology Training, March 1, 8:30 am, LSU Ag Center, Acadia Parish Extension Office, Crowley.

Louisiana Department of Agriculture and Forestry Outreach Sessions, March 1-19.

Louisiana Mid-South Agricultural Labor Seminar, March 2, 7:10 am, The Holiday Inn, Lafayette, Agenda, Registration Form.

Virginia “Agricultural Trade: From Farm, to Port, to the Global Marketplace” Workshop, March 3-4, Sheraton Waterside, Norfolk.

Mississippi: Greenhouse Tomato Short Course Scheduled for Growers, March 9-10, Paid registration required, Eagle Ridge Conference Center, Hinds Community College, Raymond.

Mississippi: High Tunnel Field Day for Fruit, Veg and Cut Flower Professional Growers March 11, Paid registration required, MSU Truck Crops Experiment Station, Crystal Springs.

Mississippi: Women in Agriculture Conference, March 11-12, Bost Extension Center, MSU campus.

Tennessee: 26th Milan No-Till Crop Production Field Day, July 22, tennu@bellsouth.net

To list an event, contact Owen Taylor

 

 

Closing Grains: from the Arkansas Farm Bureau Commodity Staff


 

Grain & Soybean Date: July 2

Soybeans

Local Elevators:
(Jul) EAST AR:  1214 to - - -
(NC) Summ. 964 to 974
River Elevators:
(Jul) MISS: 1051 to 1054 ; AR & White 1016 to 1026
(NC) Summ. 964 to 997
Ark. Processor Bids: (Jul) n/a to - - -  (NC) 971 to 974
Memphis:  (Jul) 1239 to - - - (NC)  1001 to 1006
Riceland Foods:  (Jul) Stuttgart n/a ; Pendleton n/a ; West Memphis n/a

 

Chicago Futures: Jul down 15 1/2 at  1243
  Sep  down  7 1/2  at  1061
  Nov down 9 1/2  at  1006
  Jan '10 down 9 3/4  at  1007 3/4
  Mar '10 down 10  at  1001
  Today's Arkansas LDP rate for soybeans is:
 

Soybean Comment
Soybeans weren’t able to followthrough on recent gains as outside markets were unfavorable. The market drifted sharply lower overnight, and was able to partially recover during the day session. A good export market helped boost the market. November fell back below trendline support but did hold above $10. Current support is Tuesday’s low of $9.44. Corn was lower again as the market continues to trade big stocks and a larger than expected acreage. Technically, the market remains heavily oversold and due a technical rebound. December closed less than a dime above the next support just below $3.50. A close below that brings $3.00 back into the picture.

Wheat
Cash bid for July at Memphis  417 to 439;

Bids to farmers at Local Elevators 387-424;
River Elevators 368-439;

 
Chicago Futures: Jul down  at  500 1/4 
  Sep down 6 1/2  at  529 
  Dec down  6 1/2  at  555 
  Mar '10 down  6 3/4  at  572 3/4 
  May '10 down  6 3/4  at  584 1/2 
  Today's Arkansas LDP rate for wheat is:
 

Grain Sorghum
Cash bid for July at Memphis  549 to - - -;

Bids to farmers at River Elevators 423-503;
Today's Arkansas LDP rate for sorghum is:
 

Corn
 

Cash bid for July at Memphis   335 3/4 to 348 3/4;
  new crop at Memphis   325 3/4 to 327 3/4;
Bids to farmers at River Elevators  305 to 330

 
Chicago Futures: Jul down  at  345 3/4 
  Sep down  10 3/4  at  345 3/4 
  Dec down  11 3/4  at  357 1/2 
  Mar '10 down  11 1/2  at  371 
  Today's Arkansas LDP rate for corn is:
 

Grain Comment
Wheat futures ended lower again today in reaction to a stronger dollar and weaker crude oil. Despite the steep selloff of the past two months, futures prices still hold a significant premium to cash prices. That means that negative cash market fundamentals are still not fully factored into futures. July has found support at $4.98. Resistance begins at the chart gap between $5.16 ½ and $5.27 ½.