Mid-South Farmer


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Farm Progress Blogs

My Generation - the Blog
An email from a friend reminds me that our world – and the farm arguments we hear – aren't so black and white.

Farmer Iron - the Blog Read latest updates on Twitter

USDA hits 150 today, exactly, but what does that mean? And whither the future?

Rural Living
An in-town orchard and vineyard are taking root at Dan's house.

Mid-South Farmer Mall

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Risk Management Center

Contract	Last	Change
Jul 12 Corn (E)	620-4	-4-4
Sep 12 Corn (E)	533-4	-5-0
Dec 12 Corn (E)	523-2	-5-0
Mar 13 Corn (E)	535-6	-3-4
May 13 Corn (E)	543-6	-3-4
Jul 12 Soybeans (E)	1431-2	-6-6
Aug 12 Soybeans (E)	1401-2	-4-0
Sep 12 Soybeans (E)	1343-0	-4-4
Nov 12 Soybeans (E)	1302-6	-3-6
Jan 13 Soybeans (E)	1294-6	-9-2
Jul 12 Wheat (E)	653-6	-4-0
Sep 12 Wheat (E)	666-0	-3-4
Dec 12 Wheat (E)	685-2	-3-4
Mar 13 Wheat (E)	699-0	-4-4
May 13 Wheat (E)	709-6	+16-2
Jul 12 KCBT Red Wheat (E)	668-4	-3-4
Sep 12 KCBT Red Wheat (E)	684-2	-2-2
Dec 12 KCBT Red Wheat (E)	705-4	-3-0
Mar 13 KCBT Red Wheat (E)	721-4	+0-0
May 13 KCBT Red Wheat (E)	722-0	+14-0
Jul 12 Soybean Meal (E)	427.7	-0.3
Aug 12 Soybean Meal (E)	411.0	+0.7
Sep 12 Soybean Meal (E)	391.4	+0.0
Oct 12 Soybean Meal (E)	371.2	-1.6
Dec 12 Soybean Meal (E)	369.6	+0.6
Jul 12 Soybean Oil (E)	50.48	-0.24
Aug 12 Soybean Oil (E)	50.61	-0.33
Sep 12 Soybean Oil (E)	50.80	-0.34
Oct 12 Soybean Oil (E)	51.01	-0.30
Dec 12 Soybean Oil (E)	51.40	-0.28
Jul 12 Oats (E)	335-4	-3-0
Sep 12 Oats (E)	343-4	+1-2
Dec 12 Oats (E)	345-2	-2-2
Mar 13 Oats (E)	346-0	+1-4

Data provided by iNet Solutions Group, Inc.

All prices delayed 10 minutes.

Grain Preferences

Livestock Preferences

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Purple Wave - ag and construction equipment auctions without reserve

2003 Kenworth T600 semi truck

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1994 Dresser 510C wheel loader

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2001 Cadillac DeVille DHS

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Market Commentary

Morning Call by Bryce Knorr
Corn, soybean prices firm overnight, despite concerns over Greek debt. (Commentary updates after 7:10 a.m. Central Time)

Afternoon Recap by Arlan Suderman
Strong export demand and re-emerging supply concerns provide support for grain and oilseed prices. Read latest updates on Twitter

Follow Me On Twitter Close

ArlanFF101
Grain Market Analyst for Farm Futures magazine & FarmFutures.com EMAW

Grains falling w Asian stocks this PM on European debt concerns; Seems like U.S. mkts need to be open for grains to gain $ZC_F #farm
09:54:50 PM from TweetDeck

corn dn 2, beans dn 3, wht dn 2 early this PM $ZC_F #farm
06:17:15 PM from TweetDeck

This PM's #Farm Futures includes graphic showing next week's Plains/Midwest heat $ZC_F http://t.co/rKyQmALq
02:34:10 PM from TweetDeck

Europe's problems will not substantially impact demand for grain, but they can cause anxious fund managers to pull money to sideline, again
02:28:34 PM from TweetDeck

They're there to apply for a job, right? RT @BLL141CBOT: Storm clouds gather. #CBOT #CMEGroup #Protest http://t.co/rwwbnd1u
02:26:11 PM from TweetDeck

DOW is trading at 4-month lows on increasing economic anxiety, with Europe at the top of the list. Risk for grains #farm
02:25:13 PM from TweetDeck

Chicago July wheat settled above the double-top on the continuation charts at $6.55-1/2 $ZW_F #farm
01:45:01 PM from TweetDeck

Cash doing job of futures mkt RT @todd_calfee: @ArlanFF101 @jasonlbritt +65 bid for st louis ethanol plant may/June/July +70 bid decatr corn
01:22:44 PM from TweetDeck

And Nebraska is outside the main dry area too RT @jasonlbritt: Starting to hear some reports out of Nebraska on how dry it is.
01:17:16 PM from TweetDeck

Solid close, altho off highs, for grains in the face of rising Euro-fears; corn up 4, beans up 15, wht up 18 $ZC_F $ZS_F $ZW_F #farm
01:16:54 PM from TweetDeck

Argentina Ag Ministry pegs corn crop at 20.1 mmt; soybeans at 41.5 mmt; USDA at 21.5 & 42.5 mmt respectively $ZC_F $ZS_F #farm
01:08:39 PM from TweetDeck

We have plenty of wheat, but wheat trades headlines & headlines are up RT @aoceallaigh: @ArlanFF101 would u be slightly bullish wheat Arlan?
12:48:54 PM from TweetDeck

CME Group Introduces New CBOT Grain, Oilseed Trading Hours #farm #agchat http://t.co/kpJMWYfu
12:48:01 PM from TweetDeck

Buenos Aires Grain Exchange keeps soybean crop at 41 mmt & corn at 19.8 mmt vs USDA at 42.5 & 21.5 mmt respectively; wheat area dn 13%;
11:55:34 AM from TweetDeck

Corn firming into Noon hour; highest since May 8; Ch wht takes out 200-da ma; corn up 3, beans up 15, wht up 11 $ZC_F $ZS_F $ZW_F #farm
11:49:12 AM from TweetDeck

Wheat export sales to date exceed pace needed to reach target by 30 mln bu and gap is expanding, but actual shipments fall behind $ZW_F
11:13:22 AM from TweetDeck

Soybean export sales to date exceed seasonal pace needed to hit target by 35 mln bu and gap is rapidly expanding $ZS_F #farm
11:08:14 AM from TweetDeck

Corn export sales to date exceed seasonal pace needed to hit target by 20 mln bu, but gap closing rapidly $ZC_F #farm
11:01:25 AM from TweetDeck

Very warm conditions expected at end of this wk & again mid- to late next week in Plains & Delta/Midwest, esp in dry areas $ZW_F $ZC_F
10:39:37 AM from TweetDeck

@CMEGroup Press release on expanded trading hours $ZC_F #farm #agchat http://t.co/dvPWiZhT
10:30:13 AM from TweetDeck

Livestock Call By John Otte
Cash bid-ask spread $3 to $4, cattle futures rise despite weaker cutout prices, pork cutout retreats, pork packer margins dip deeper in red.

News from Monsanto - Sponsored Information

Residual Herbicides Important to Help Reduce Weed Resistance Risk

By Rick Cole
Monsanto Weed Management Technical Lead

Southern farmers who have battled resistant pigweed know the importance of taking a proactive approach to weed management. Many are achieving effective weed control in cotton and soybeans by participating in Monsanto’s Roundup Ready PLUS™ Weed Management Solutions.

The Roundup Ready PLUS platform provides best management practices developed in cooperation with leading academics, agronomists and other industry partners. It also provides financial incentives to help offset the cost of using qualifying residual herbicides offered by Monsanto and industry partners.

Using residual herbicides in combination with Roundup® agricultural herbicides provides multiple modes of action to help reduce the risk of resistant weeds developing. Research shows that soybean growers can realize a two- to three-bushel-per-acre greater yield when weed management programs include residual herbicides.

By following the Roundup Ready PLUS best practices, farmers can achieve effective, economical weed control in their Genuity® Roundup Ready 2 Yield® soybeans, without sacrificing higher yield potential by switching to LibertyLink® soybeans.

During the 2011 season, about 70,000 soybean, cotton and corn farmers throughout the U.S. participated in the Roundup Ready PLUS platform and received financial incentives totaling nearly $100 million.

New tools continue to be added to the Roundup Ready PLUS platform, including the addition of two post-emergence herbicides – Cobra® and Flexstar® – for use in soybeans this season. Monsanto’s new product pipeline includes the Roundup Ready® Xtend Crop System, which is being developed to provide tolerance to both glyphosate and dicamba for greater flexibility, simplicity and crop safety in controlling tough weeds in soybeans and preserving yield, pending regulatory approval. For cotton, the Roundup Ready Xtend Crop System is also planned to offer tolerance to glufosinate.

To learn more about Roundup Ready PLUS, click here.

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