Alan Brugler

Wheat Slipping Ahead of USDA Data
BarchartFri Jul 11, 7:27AM CDT
Wheat futures are training with losses across all three markets on Friday morning. The wheat complex posted mostly higher trade on Thursday, with some spring wheat months an exception. Chicago SRW wheat was 7 to 9 cents higher on the Thursday session. KC HRW contracts were up 8 to 11...

Cattle Look to Round Out Week After Retreating on Thursday
BarchartFri Jul 11, 7:27AM CDT
Live cattle futures failed to hold into the early gains on Thursday, with beef pressure pushing things 5 to 55 cents lower into the close. Preliminary open interest was up 2,711 contracts. Cash trade saw very light $225 Southern action reported early this week, with bids on Thursday at $223-227....

Cotton Looking at Lower Trade Early on Friday
BarchartFri Jul 11, 7:27AM CDT
Cotton prices are trading with most contracts down 20 to 30 points, as front month October is up 28 points. Futures closed out the Thursday session with losses of 5 to 11 points at the final bell. Crude oil is down $1.51 cents/barrel at $66.86, with the US dollar index...

Soybeans Down Early on Friday
BarchartFri Jul 11, 7:27AM CDT
Soybeans are trading with losses of 4 to 5 cents early on Friday morning. Futures saw Thursday gains of as little as ¼ cent to 7 cents in some new crop months. Preliminary open interest was up 13,588 on Thursday. There were 22 delivery notices for July bean futures overnight....

Hogs Look to Friday After Weaker Thursday Trade
BarchartFri Jul 11, 7:27AM CDT
Lean hog futures closed Thursday with losses of $1 to $1.50. Preliminary open interest was up 2,304 contracts on Thursday. USDA’s national base hog price was reported at $112.43 on Thursday morning, up 53 cents from the day prior. The CME Lean Hog Index was down 29 cents at $107.04...

Corn Easing Ahead of USDA Report
BarchartFri Jul 11, 7:27AM CDT
Corn price action is down 1 to 2 cents across most contracts on Friday morning. Futures were mixed on Thursday with most contracts steady to a couple cents higher and nearby, thin July down 5 ¼ cents. Traders were squaring up ahead of USDA’s report on Friday. Preliminary open interest...

Winter Wheat Contracts Post Double Digit Gains
BarchartThu Jul 10, 4:28PM CDT
The wheat complex posted mostly higher trade on Thursday, with some spring wheat months an exception. Chicago SRW wheat was 7 to 9 cents higher on the Thursday session. KC HRW contracts were up 8 to 11 cents across most months at the close. MPLS spring wheat saw mixed trade...

Soybeans Close with Strength, as Products Provide Support
BarchartThu Jul 10, 4:28PM CDT
Soybeans saw Thursday gains of as little as ¼ cent to 7 cents in some new crop months. The cmdtyView national average Cash Bean price was up 3 1/2 cents at $9.72. Soymeal futures were up $2.10 to $2.50/ton, as Soy Oil was 23 points higher. Weekly Export Sales data...

Cotton Eases Back Lower on Thursday
BarchartThu Jul 10, 4:28PM CDT
Cotton futures closed out the Thursday session with losses of 5 to 11 points at the final bell. Crude oil is down $1.51 cents/barrel at $66.86, with the US dollar index $0.51 higher to $97.250. USDA Export Sales data showed 75,089 RB of old crop cotton bookings in the week...

Cattle Pull Off Highs to Close Mixed on Thursday
BarchartThu Jul 10, 4:28PM CDT
Live cattle futures failed to hold into the early gains on Thursday, with beef pressure pushing things 5 to 55 cents lower into the close. Cash trade saw very light $225 Southern action reported early this week, with bids on Thursday at $223-227. A few northern trades were tallied at...

Corn See Marginal Gains Ahead of USDA Data Release
BarchartThu Jul 10, 4:28PM CDT
Corn price action was mixed on Thursday with most contracts steady to a couple cents higher and nearby, thin July down 5 ¼ cents. Traders were squaring up ahead of USDA’s report on Friday. The front month CmdtyView national average Cash Corn price was unchanged at $3.85 1/4. USDA reported...

Hogs Retreat Lower on Thursday
BarchartThu Jul 10, 4:28PM CDT
Lean hog futures closed the Thursday session with losses of $1 to $1.50. USDA’s national base hog price was reported at $112.43 on Thursday morning, up 53 cents from the day prior. The CME Lean Hog Index was down 29 cents at $107.04 on July 8. Export Sales data showed...

Cattle Fall From Highs as Traders Reject Thursday Rally
BarchartThu Jul 10, 12:27PM CDT
Live cattle futures are falling $1.40 to $1.70 at midday. Cash trade saw very light $225 Southern action reported on Tuesday. Bids are showing up at $223-227 so far on Thursday in the South. The Thursday morning Fed Cattle Exchange online auction from Central Stockyards, showed no sales on the...

Cotton Easing Lower on Thursday
BarchartThu Jul 10, 12:27PM CDT
Cotton futures are trading with 12 to 25 point losses on the Thursday session. Crude oil is down $1.68 cents/barrel at $66.70, with the US dollar index $0.171 lower to $97.370. USDA Export Sales data showed 75,089 RB of old crop cotton bookings in the week ending on July 3....

Soybeans Back to Mixed Trade on Thursday
BarchartThu Jul 10, 12:27PM CDT
Soybeans are showing mixed action on Thursday, with nearbys lower and new crop up 2 ¾ cents. There were 308 deliveries against July soybeans overnight. The cmdtyView national average Cash Bean price was down 1 ¾ cents at $9.67 ¾. Soymeal futures are up $1.50/ton, as Soy Oil is 4...