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Quote of the Day


"Managing is like holding a dove in your hand. Squeeze to hard and you kill it; not hard enough and it flies away."

~ Tommy Lasorda,  Former LA Dodger's Manager


This Day In History
May 14, 1972
In Willie Mays 1st game as a NY Met his homer beats SF Giants, 5-4

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Did You Know?

In 1862 the U.S. Department of Agriculture was established
Fact courtesy of the USDA

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Local Conditions
Clarksdale, MS
Chg Zip Code: 
Temp: 67oF Feels Like: 67oF
Humid: 87% Dew Pt: 63oF
Barom: 30.00 Wind Dir: W
Cond: Rain Wind Spd: 17 mph
Sunrise: 6:03 Sunset: 7:56
As reported at GREENVILLE, MS at 6:00 AM
 
Local Radar
Clarksdale, MS
Local Radar
 
Local Forecast
Clarksdale, MS

Wednesday
Thursday
Friday
Saturday
Sunday
Hi: 73oF
Lo: 66oF		 Hi: 78oF
Lo: 67oF		 Hi: 71oF
Lo: 54oF		 Hi: 80oF
Lo: 55oF		 Hi: 85oF
Lo: 60oF
 
DTN Weather Summary
Thunderstorms From Texas to Eastern Great Lakes Wednesday
Bryce Anderson (Bio) – DTN Meteorologist

Thunderstorms with moderate to heavy rain will run from Texas northeast to the eastern Great Lakes Wednesday. The rest of the main U.S. crop areas will have dry weather. » More DTN Weather Commentary
Posted at 5:43AM Wed May 14, 2008 CDT
 
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My LDP
 
Chg Zip: 
County LDP
Coahoma, MS PCP LDP Date
 Barley 4.64 - 2.94 5/13
 Canola 22.58 - 15.18 5/9
 Corn 5.74 - 3.65 5/13
 Durum 0.00 0.00 5/13
 Flaxseed 26.61 - 18.44 5/9
 HRS 0.00 0.00 5/13
 HRW 0.00 0.00 5/13
 Oats 3.36 - 1.90 5/13
 RapeSeed 24.04 - 16.90 5/9
 Sorghum 10.01 - 6.42 5/13
 Soybeans 12.85 - 7.71 5/13
 Sunflower Oil 27.42 - 20.58 5/9
 Sunflower Seed 27.42 - 20.58 5/9
 Wheat 6.45 - 3.82 5/13
 White 0.00 0.00 5/13

History in the Making
The first module in Tallahatchie County, MS picked with the CaseIH Module Express 625 Cotton Picker.

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Quotes
 
CT - COTTON #2 - CSCE
  High Low Last Chg
Jul 84.09 82.20 83.52s 2.43
Oct 0.00 0.00 85.33s 2.48
Dec 87.50 85.60 87.45s 2.68
Mar 89.30 88.40 89.41s 2.61
May 0.00 0.00 89.96s 2.26
Jul 89.50 89.50 90.50s 2.00
 
RR - ROUGH RICE - CBOT
  High Low Last Chg
May 2200'0s -44'0
Jul 2230'0 2224'0 2224'0s -50'0
Sep 1959'0 1959'0 1959'0s -50'0
Nov 1940'0 1940'0 1940'0s -50'0
Jan 1968'0s -50'0
Mar 1998'0s -48'0
 
S - SOYBEANS - CBOT
  High Low Last Chg
May 1370'0 1340'0 1374'4s 39'4
Jul 1382'0 1335'0 1379'4s 37'0
Aug 1375'0 1332'0 1374'4s 37'0
Sep 1343'0 1306'0 1344'6s 32'2
Nov 1327'0 1286'0 1325'6s 36'4
Jan 1325'0 1299'0 1338'4s 36'6
Mar 1347'0s 37'2
 
C - CORN - CBOT
  High Low Last Chg
May 598'0 585'2 597'4s -6'0
Jul 608'0 595'0 607'2s -7'4
Sep 619'6 609'0 619'4s -7'2
Dec 631'0 617'0 631'0s -6'6
Mar 642'4 629'6 642'4s -6'6
May 653'0 644'0 651'0s -7'0
 
W - WHEAT - CBOT
  High Low Last Chg
May 786'4 785'4 785'4s -8'0
Jul 810'0 790'0 795'6s -9'6
Sep 820'0 808'0 810'0s -9'6
Dec 842'0 826'4 830'6s -9'4
Mar 849'0s -9'2
May 856'0s -9'2

My Market Watch
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Commodities
CORN ( May 08 ) CBOT
5974 - 60 1:39P05/13/2008   1:39:00PM CST
SOYBEANS ( May 08 ) CBOT
13744 394 1:39P05/13/2008   1:39:00PM CST
WHEAT ( May 08 ) CBOT
7854 - 80 1:39P05/13/2008   1:39:00PM CST
OATS ( May 08 ) CBOT
4050 0 1:41P05/13/2008   1:41:00PM CST
Stocks
MICROSOFT CORP NASDAQ
29.78 - 0.10 3:00P05/13/2008   3:00:00PM CST
WAL-MART STORES NYSE
56.41 0.00 3:00P05/13/2008   3:00:00PM CST
EXXON MOBIL COR NYSE
89.68 0.49 3:00P05/13/2008   3:00:00PM CST
TIME WARNER INC NYSE
16.11 0.07 3:01P05/13/2008   3:01:00PM CST
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DTN National Cash Indices

Index Last Chg
Corn Cash Index $0.00 0.00
Soybean Cash Index $0.00 0.00
SRW Wheat Cash Index $6.70 0.00
HRW Wheat Cash Index $8.07 0.00


DTN Week in Review PodCast
Listen to DTN's Week in Review on your computer or mp3 player.
Click here

 

Stringer's International, Inc.

 		 

Ask the Taxman by Andy Biebl
5/13 1:26 PM
Readers pose questions to DTN's agricultural tax authority, CPA Andy Biebl. This time, Andy addresses why a five-year-old farmer might raise red flags with IRS, how good intentions don't count and why you should use caution when deferring grain sales strictly for tax purposes.
Worm Watch Continues
5/13 11:25 AM
Moth flights and larvae sightings show that growers in Missouri, southern Illinois, southern Indiana, Kentucky and Tennessee should remain vigilant for cutworm and armyworm outbreaks throughout the month. Kansas wheat fields also are primed for insect damage.
Resuscitate CRP Rental Rates
5/12 2:39 PM
Landowners with subpar CRP payment rates want double-digit increases to better match the market. Last year, national cash rent escalated 14 times faster than CRP adjustments. Cash-strapped USDA is struggling to comply.
Corn Inspections Bearish
5/12 2:37 PM
The weekly export inspections report for corn should be considered bearish, while soybean inspections were bullish and wheat inspections were bearish or neutral, according to DTN Analyst Elaine Kub.

DTN Market Matters Blog
Harvest Corn Price Muddle
Pat Hill (Bio) – DTN Markets Blogger

A recent DTN Morning Snapshot email survey asked, "Given the slow pace of this spring's corn planting progress, what do you expect the high for Dec corn to be at harvest?" [Read and Comment on Full Blog]
Posted at 1:49PM Tue May 13, 2008 CDT

DTN Top Stories

Lawmakers will examine language on the farm bill while seeing if the legislation can still make it to the floor for a full vote as early as Wednesday. See DTN Ag News. 7^Full Story...

Readers pose questions to DTN's agricultural tax authority, CPA Andy Biebl. This time, Andy addresses why a five-year-old farmer might raise red flags with IRS, how good intentions don't count and why you should use caution when deferring grain sales strictly for tax purposes. See DTN Ag News. 1^Full Story...

Despite continued cold, wet conditions, Brad Lindstrom of Illinois and Dan Pedersen of Iowa have managed to get a good portion of fieldwork done over the last week. See DTN Ag News. BFull Story...

President Bush wants to veto the farm bill and John McCain has declared he is against the legislation, but those declarations may not keep Republicans in line when they vote on the bill this week. See DTN Ag News. 4^Full Story...

With a potential vote in the House as early as Wednesday, there are questions about just how much pressure will be put on Republican congressmen to oppose the bill. See DTN Ag News. BFull Story...


DTN Ethanol Center
Latest DTN Ethanol Center News

VeraSun Revenues Soar to $516.5M on Higher Output, Prices
VeraSun Energy Corp. reported first-quarter revenues of $516.5 million, an increase of 257.4 percent from $144.5 million during the year-prior quarter amid increased ethanol volumes and higher ethanol prices.

Futures
CT - COTTON #2 - CSCE
Month Open High Low Last Change Time