Alan Brugler
Cattle Mixed on Friday, as Feeder Turn to Strength
BarchartFri Nov 1, 4:51PM CDT
Live cattle futures closed out the Friday session with contracts anywhere from 37 cents lower in nearby Dec to 35 cents higher for April. Dec saw a $3.22 drop since last Friday. Cash action saw trade this week anywhere from $189-190. Feeder cattle futures shrugged off early losses and settled...
Wheat Starts November with Weakness
BarchartFri Nov 1, 4:51PM CDT
The wheat complex posted losses across the three exchanges on Friday. Chicago SRW futures saw fractional to 2 ½ cent losses on the day, as December closed out the week down a penny. KC HRW contracts were 1 to 2 ¾ cents lower across the board, with December slipping 5...
Soybeans Fail to Hold Gains Following Export Business amid Meal Pressure
BarchartFri Nov 1, 4:51PM CDT
Soybeans settled the Friday session with contracts steady to 1 ½ cents in the red, despite early strength and export business. January managed a 3 ¾ cent loss on the week. CmdtyView’s national front month Cash Bean price was up 3 1/4 cents at $9.34. Soymeal futures were down $3.50...
Corn Bulls Helped Out By Export Sales to Kick Off November
BarchartFri Nov 1, 4:51PM CDT
Corn futures closed out the Friday session with most contracts steady to 3 ¾ cents higher. That was led by December, which cut down the weekly loss to just ¾ cent. The national average Cash Corn price from cmdtyView was up 6 1/2 cents at $3.85 3/4 per bu. The...
Cotton Posts Friday Gains
BarchartFri Nov 1, 4:51PM CDT
Cotton futures were back up anywhere from 2 to 60 points on Friday, as December was down 49 points on the week. The outside markets were mixed factors, with crude oil up 9 cents/barrel and the US dollar index 357 points higher. Friday’s Commitment of Traders report showed speculators in...
Hogs Hold Gains on Friday, as Specs Push to Record Net Long
BarchartFri Nov 1, 4:51PM CDT
Lean hogs posted Friday gains of 7 to 82 cents across most contracts, as December was up another $4.40 on the week. The national average base hog price was reported at $79.06 on Friday afternoon, down $3.64 from the previous day. The CME Lean Hog Index was reported at $85.93...
Cotton Pushing Higher on Friday
BarchartFri Nov 1, 11:59AM CDT
Cotton futures are back up on Friday, with contracts up 48 to 60 points across most contracts on the day. The outside markets are mixed factors, with crude oil up 62 cents/barrel and the US dollar index 207 points higher. Following Thursday’s Export Sales report total export commitments are now...
Corn Holding Gains to Kick Off November
BarchartFri Nov 1, 11:59AM CDT
Corn futures are trading with Friday midday gains of 1 to 2 cents so far. The average close for December corn futures throughout October was $4.16, which is the fall crop insurance price. That is 50 cents below the February base insurance price. The national average Cash Corn price from...
Soybeans Falling on Friday After Early Morning Strength, Meal Pressure
BarchartFri Nov 1, 11:59AM CDT
Soybeans are falling at midday with contracts down 3 to 5 cents on Friday after seeing some gains early on. The average close for November soybean futures during October was $10.03, indicating the fall insurance price. That is $1.52 below the February base insurance price. CmdtyView’s national front month Cash...
Wheat Slipping at Midday
BarchartFri Nov 1, 11:59AM CDT
The wheat complex is showing some weakness at Friday’s midday across the three markets. Chicago SRW futures are down 6 cents on the day. KC HRW contracts are 5 to 6 cents lower across front months. MPLS spring wheat is 6 to 8 cents in the red so far on...
Cattle Mixed on Friday
BarchartFri Nov 1, 11:59AM CDT
Live cattle futures are facing mixed action so far, with front months down 15 to 50 cents and a few other contracts higher. Cash action saw trade this week anywhere from $189-190. Feeder cattle futures are up $1.25 to $2.50 on the day. The CME Feeder Cattle Index was up...
Wheat Back to Higher Trade Early on Friday
BarchartFri Nov 1, 7:33AM CDT
The wheat complex is showing some strength come back on Friday morning across the three markets. Wheat closed out the Halloween session, with losses across the three exchanges. Chicago SRW futures were down 2 3/4 to 5 1/4 cents on the day. KC HRW contracts were 5 1/2 to 8...
Cotton Bulls Pushing Back Higher on Friday Morning
BarchartFri Nov 1, 7:33AM CDT
Cotton prices are trading with 27 to 91 point gains so far on Friday morning. Futures closed the Thursday session with losses 16 to 39 points across most contracts. The outside markets were supportive factors, with crude oil up $1.92/barrel and the US dollar index 52 points lower. Export Sales...
Soybeans Strength Extending on Friday Morning
BarchartFri Nov 1, 7:33AM CDT
Soybeans are extending this week’s bounce on Friday AM trade, with contracts up 7 to 8 cents. They saw gains of 3 1/4 to 6 cents across the board on Thursday to close the Halloween session. CmdtyView’s national front month Cash Bean price is up 4 1/4 cents at $9.29...