Alan Brugler

Soybeans Slip Lower into the Weekend
BarchartFri Apr 25, 5:00PM CDT
Soybeans slipped into the Friday close as fractional to 3 ¼ cent losses pulled the weekly gains to just 13 ¼ cents for the May contract. CmdtyView’s national front month Cash Bean price was down 3 cents at $10.03 ¾. Soymeal futures were up $1.30/ton, to slip $5.60 on the...

Cattle Hold onto Gains Heading into the Weekend
BarchartFri Apr 25, 5:00PM CDT
Live cattle futures saw contracts close steady to 75 cents higher on Friday, with June up $4.175 this week. Cash trade was delayed until Friday, with the South coming in at $212-213, up $2-3 from last week. Northern trade was up to $218, $4-5 higher on the week. Feeder cattle...

Wheat Closes Friday with Mixed Action
BarchartFri Apr 25, 5:00PM CDT
The wheat complex closed Friday on a mixed note, as futures failed to hold much strength into the close. Chicago SRW futures settled with slight fractional gains, as May was 18 ¾ cents in the red this week. Kansas City HRW contracts were able to sneak out fractional gains in...

Corn Close on a Mixed Note
BarchartFri Apr 25, 5:00PM CDT
The corn market closed Friday with contracts mixed, as nearbys were up 1 ½ cents and new crop December down ¾ cent. May was down 3 ½ cents on the week. The nearby CmdtyView national average Cash Corn price was up 1 1/2 cents at $4.52 3/4. USDA reported a...

Cotton Pull Back on Friday
BarchartFri Apr 25, 5:00PM CDT
Cotton futures posted Friday losses of 37 to 45 points to round out the week that saw July up 167 points. The outside markets were mixed, with crude oil futures back up 39 cents/barrel and the US dollar index up $0.202 to $99.370 Weekly CFTC data showed spec funds trimming...

Hogs Rally on Friday
BarchartFri Apr 25, 5:00PM CDT
Lean hog futures closed the Friday session with contracts up 85 cents to $1.25. June was up $3.125 on the week to close over $100. USDA’s national average base hog negotiated price was back up 8 cents from the day prior at $91.39 in the Friday PM report. The CME...

Cotton Weaker at Friday’s Midday
BarchartFri Apr 25, 12:25PM CDT
Cotton futures are trading with 15 to 29 point losses at Friday’s midday. The outside markets were mixed, with crude oil futures back up 47 cents/barrel and the US dollar index up $0.182 to $99.350 Export Sales data has cotton bookings for the year totaling 10.859 million RB, which is...

Cattle Extending Gains into the Weekend
BarchartFri Apr 25, 12:25PM CDT
Live cattle futures are trading with 20 to 75 cent gains on Friday. Preliminary open interest was up 3,533 contracts on Thursday. Cash trade has been quiet so far this week, with bids this morning being reported in KS at $210-213. Friday morning’s Fed Cattle Exchange online auction from Central...

Hogs Rallying on Friday, with Cutout Strength
BarchartFri Apr 25, 12:25PM CDT
Lean hog futures are trading with contracts up 90 cents to $1.125. USDA’s national average base hog negotiated price was back up $1.52 from the day prior at $91.7 in the Friday AM report. The CME Lean Hog Index was up another 52 cents from the previous day at $87.27...

Corn Mixed at Midday
BarchartFri Apr 25, 12:25PM CDT
The corn market is trading with contracts steady to 1 ½ cents higher in the nearbys and a penny lower in December. The nearby CmdtyView national average Cash Corn price was is up 1 1/2 cents at $4.52. The CBOT is raising daily price limits for corn futures by a...

Wheat Edging Out Gains on Friday
BarchartFri Apr 25, 12:25PM CDT
Wheat is trading with gains so far on Friday across the three markets. Chicago SRW futures are fractionally higher at midday. Kansas City HRW contracts are showing fractional gains. MPLS spring wheat is steady to down a penny. May options expire today. Export Sales data shows a total of 21.483...

Soybeans Posting Mixed Friday Trade
BarchartFri Apr 25, 12:25PM CDT
The soybean market is slipping 1 to 2 cents in the front months and showing 1 ½ gains in November. CmdtyView’s national front month Cash Bean price down 2 cents at $10.03 ¾. Soymeal futures are up $1.80/ton, as Soy Oil futures are down 36 points on the session. May...

Cotton Extending Strength to Friday Morning
BarchartFri Apr 25, 7:35AM CDT
Cotton price action is up 1 to 14 points early on Friday. Futures posted Thursday gains of 14 to 40 points in the front months, with May down 145 points on first notice day. The outside markets were supportive, with crude oil futures back up 50 cents/barrel and the US...

Corn Mixed to Start Friday Trade
BarchartFri Apr 25, 7:35AM CDT
Corn prices are trading in either side of unchanged early on Friday, with contracts within a penny of unchanged. Futures closed out Thursday trade with contracts up 2 to 5 ¼ cents, bouncing from recent weakness. Preliminary open interest was down 26,893 contracts on Thursday, as 35,687 contracts were out...

Wheat Getting Some Buying Early on Friday
BarchartFri Apr 25, 7:35AM CDT
Wheat is trading with contracts higher, led be spring wheat futures. The wheat market closed the Thursday session with contracts steady to slightly higher across the three markets. Chicago SRW futures were 1 to 2 cents higher at the close at midday. Kansas City HRW contracts saw stead to fractionally...