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Soybean cash market and forward booking prices in Arkansas for April 14-18, 2014

The abbreviated past week of trading began with a surge that carried through midweek before suffering a “correction” on Thursday that surrendered some of the gains (Figure 1). Price rose 13 cents over the weekend to a Monday statewide average of $14.76 and climbed through the $15.00 price ceiling to a $15.17 peak on Wednesday

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Soybean cash market and forward booking prices in Arkansas for April 7-11, 2014

The past week of trading was literally a “hump” week as the market lost 12 cents over the weekend to a Monday statewide average of $14.66 and climbed to a $14.96 peak on Wednesday before giving back all of the gains a Friday closing average of $14.63 (Figure 1).  The closing statewide average represented a

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Pop up fertilizers: What you need to know

Pop up fertilizers are commonly used in some corn growing areas in the country.  The practice consists of applying a few pounds of nutrients with the seed at planting.  Planters are retrofitted with commercially available attachments that accurately deliver the desired volume of liquid fertilizer.  This practice should not be confused with “starter fertilizers” which

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Soybean cash market and forward booking prices in Arkansas for March 31-April 4, 2014

A 27 cent weekend gain to a $14.74 average on Monday followed by an increase of another 20 cents on Tuesday seemed to set the stage for a strong week in the 2013 Crop Soybean Cash Market, but price quickly fell back 24 cents on Wednesday before stabilizing to end the week (Figure 1).  The

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USDA Prospective Plantings report

The USDA released its March Prospective Plantings report today at 11:00 CDT.  This report provides the results of the first NASS survey of U.S. farmers planting intentions for 2014.

Corn:

USDA Prospective Plantings report

Soybean cash market and forward booking prices in Arkansas for March 17-21, 2014

A modest 2 cent weekend gain in the 2013 Crop Soybean Cash Market put the Monday statewide average at an even $14.00.  Price then rose strongly throughout most of the week before suffering a major correction lower on Friday (Figure 1).  The peak of the week occurred at $14.42 on Thursday before falling to a

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Soybean cash market and forward booking prices in Arkansas for March 10-14, 2014

A 39 cent weekend decline in the 2013 Crop Soybean Cash Market seemed to set a tone for the entire week as price generally declined toward its weekly low price on Friday  Figure 1).  Monday trading averaged $14.30 statewide and the market moved steadily lower through Wednesday.  A modest rally on Thursday was quickly lost

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Soybean cash market and forward booking prices in Arkansas for March 3-7, 2014

The past trading week started with caution as market price fell 11 cents over the weekend to open at a statewide average of $14.23 on Monday.  Market price then proceeded to post steady gains each day to a Friday closing statewide average of $14.69 (Figure 1).  The close left the market 35 cents above the

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Soybean cash market and forward booking prices in Arkansas for Feb. 24-28, 2014

A 16 cent weekend gain pushed the 2013 soybean cash market above the $14.00 level to open the past week at a Monday statewide average of $14.09.  Market price posted steady gains most of the week with only a Thursday “correction” that was fully recovered on Friday to a closing statewide average of $14.34 (Figure

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Soybean cash market and forward booking prices in Arkansas for Feb. 10-21, 2014

The past week of trading was shortened by the Monday observance of Presidents’ Day.  2013 soybean crop market gained 24 cents over the extended weekend break and opened on this past Tuesday at $13.83.  Price initially dipped slightly lower before gaining steam to a Friday closing statewide average of $13.93 (Figure 1).  The close left

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