For Fair Use Discussion and Educational Purposes

http://www.agrimoney.com/marketreport/morning-markets-grain-prices-jump-as-prayers-go-unanswered--1062.html


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Morning markets: grain prices jump as prayers go unanswered
If US farmers prayed over Easter for better weather, it's not obvious their plea was answered.

For spring sown crops, notably corn, "the issue last week was whether or not there was going to be an extended dry window as we moved to the first 10-12 days of May," so allowing for speedier plantings, David Tolleris at WxRisk.com said.

"The first 10 days of May is not going to be dry. Of course one could argue that the first 10-12 days of May 20111 do look drier than what most areas have seen in April, and that would be correct."

Furthermore, a so-called Cas, or climate soil moisture analogue, weather model came out over the weekend, "showing large areas of temperatures remaining below normal over all of the upper Plains and Midwest and rainfall well above Normal for all of May and June", Mr Tolleris said.

Russian delays

Meanwhile, it looks to remain dry for the US hard red winter wheat areas where a lack of moisture is the problem.

While one model has a system bringing significant rain around May 8-9 into Kansas and Oklahoma, where winter wheat is suffering, "the model has probably shifted this low too far to the south", he said.

The forecasts lowered further expectations of bin-busting crops to ease concerns over food supplies, and sent grain prices firmly higher.

And it is not as if all is hunky dory for crops abroad too, with a late spring limiting to 1.03m hectares spring grain sowings by Russian farmers, down 40% year on year, and cutting hopes of the country being able to make up for drought-depressed autumn seedings.

Minneapolis spring wheat for May added 2.8% to $9.87 ½ a bushel for the best-traded July contract, with the Kansas (hard red winter wheat) July lot up 2.5% at $9.66 ½ a bushel, as of 07:40 GMT (08:40 UK time).

Chicago wheat jumped to a two-month high of $8.21 ¾ before easing back to $8.19 ¼ a bushel for May, up 2.5% on the day. The July lot was 2.4% higher at $8.54 ½ a bushel.

Key date

And corn wasn't too far behind, adding 2.1% to $7.52 ¾ a bushel for May and the same to $7.60 ¼ a bushel for July.

The new crop December lot gained 1.5% to $6.75 ½ a bushel, with US Department of Agriculture data released after the close of play expected to reveal further weak progress on American corn sowings.

Jon Michalscheck at Benson Quinn Commodities said: "A year ago as of April 25 corn was 50% planted with 22% being the average.

"This year we will be lucky to be 10%+ planted and may struggle to be 50% planted by the week of May 8 based on the current weather forecast."

That's an important time of year as US corn sown after May 10 has, as a rule of thumb, a lower yield potential.

'Record highs'

At Phillip Futures, Ker Chung Yang added: "If the planting delays persist, it can push up near-month corn futures in Chicago towards record highs of $8 a bushel.

"Inventories in the US, the world's largest exporter, are already running low."

Meanwhile, soybeans continued to lag, gaining some spillover strength from grains, but still depressed by signs of weak Chinese demand.

Chicago's July lot was unchanged at $13.89 ¾ a bushel. Meanwhile, the prospect of sowing delays prompting farmers to switch from corn to soybeans, which are later planted, left the new crop November lot down 0.1% at $13.80 ¾ a bushel.

Rubber drop

Elsewhere, rubber had a poor day in Tokyo, with the October lot, in its opening day as the benchmark contract, tumbling 5.3% from its opening price to 395.4 yen.

"Investors are awaiting clearer cues on this year's production after the wintering season as Thai production may pick up after last week's Songkran break and recent floods," Mr Ker said.

Thailand is the top producer of the tyre ingredient.

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Zechariah 12:3,9:
And in that day will I make Jerusalem a burdensome stone for all people; And it shall come to pass in that day, that I will seek to destroy all the nations that come against Jerusalem.
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Disclaimer: Rapture Forum, does not necessarily endorse or agree with every opinion expressed in every article posted on this site. We do however, encourage a healthy and friendly debate on the issues of our day. Whether you agree or disagree, we encourage you to post your feedback by using the reply button.

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Steven

For Fair Use Discussion and Educational Purposes

http://www.fivedoves.com/letters/apr2011/michaelc429-4.htm

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Posted by Michael C on five doves regarding this post.


Michael Colunga (29 April 2011)
"Is judgment happening now to America?"

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Hello, John and Doves,

In reference to Steven S' post, http://www.fivedoves.com/letters/apr2011/stevens428-4.htm, it seems that America is in the midst of judgment from the LORD of Hosts, the God of Israel.

It has been fashionable for Christians from the USA to quote the following well-known verse:
"If my people 5971, which are called 7121 by my name 8034, shall humble 3665 themselves, and pray 6419, and seek 1245 my face 6440, and turn 7725 from their wicked 7451 ways 1870; then will I hear 8085 from heaven 8064, and will forgive 5545 their sin 2403, and will heal 7495 their land 776." 2 Chronicles 7:14

However, we tend to forget the purity of God's holiness, and that He cannot overlook sin.
"If we are faithless, He remains faithful; He cannot deny Himself." 2 Timothy 2:13

There are many and varied applications of this verse, but it is clear from the context that God honors His Word at all times.

If we fail to heed His commands, and then fail to confess and fail to repent, then only judgment can follow. Find your favorite verse.

In HaShem,
Mike C.

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_____________________________________________________________________________________
Zechariah 12:3,9:
And in that day will I make Jerusalem a burdensome stone for all people; And it shall come to pass in that day, that I will seek to destroy all the nations that come against Jerusalem.
____________________________________________________________________________________________________________


Disclaimer: Rapture Forum, does not necessarily endorse or agree with every opinion expressed in every article posted on this site. We do however, encourage a healthy and friendly debate on the issues of our day. Whether you agree or disagree, we encourage you to post your feedback by using the reply button.

If you are new to this site and would like to post articles, opinions, youtube videos that are appropriate for this site just e mail me at

stevensandiego@ymail.com

I will send you a PASSWORD

Ybic

Steven