Alan Brugler

Cattle Falling on Border News
BarchartTue Jul 1, 12:06PM CDT
Live cattle futures are trading with $2.17 to $2.50 gains so far on Tuesday. Cash action was mostly compiling showlists on Monday. Trade last week saw sales at $230-233 in the North and $223-225 in the South. The Tuesday morning Fed Cattle Exchange online auction showed no bids on the...

Cotton Bulls Giving into Weakness at Midday
BarchartTue Jul 1, 12:06PM CDT
Cotton futures are trading with most contracts steady to 18 points in the red on Tuesday. Crude oil is up $0.49/barrel, with the US dollar index $0.067 higher. Weekly Crop Progress data showed 95% of the US cotton crop planted (98% on average), with 40% squaring (3 points ahead of...

Hogs Showing Mixed Trade on Tuesday
BarchartTue Jul 1, 12:06PM CDT
Lean hog futures are trading with front months down 57 cents to $1.37 on Tuesday, with October up a nickel. USDA’s national base hog price was down $3.23 in the Tuesday morning report, with negotiated trade at $109.28. The CME Lean Hog Index was back down 26 cents at $111.76...

Soybeans Looking at Mixed Action on Tuesday
BarchartTue Jul 1, 12:06PM CDT
Soybeans are trading with contracts steady to 2 cents lower in the front months and nearing penny gains in the new crop. There were 503 deliveries issued overnight. The cmdtyView national average Cash Bean price is doupwn 7 3/4 cents at $9.89 3/4. Soymeal futures are down $2.40 so far...

Corn Weakness Extending to Tuesday’s Midday
BarchartTue Jul 1, 12:06PM CDT
Corn prices are pulling off their early session lows, though contracts are still down 1 to 4 cents across the nearbys at midday. There were no deliveries against July futures overnight. The front month CmdtyView national average Cash Corn price is down 3/4 cents at $3.91. Crop Progress data indicated...

Wheat Bulls Trying to Take Back Ground on Tuesday
BarchartTue Jul 1, 12:06PM CDT
The wheat market is trading with mostly higher action across the three markets at midday. Chicago SRW wheat is up 7 to 8 cents on the day. There were 193 contracts issued against CBT wheat overnight. KC HRW contracts are holding fractional gains at midday. There were 310 deliveries against...

Soybeans Pushing Lower on Tuesday AM Trade
BarchartTue Jul 1, 7:35AM CDT
Soybeans are trading with contracts falling 8 ¾ to 11 ½ cents in early trade. Futures closed the Monday session mixed with nearby contracts down 3 ¾ cents and new crop up 2 to 3 cents. Preliminary open interest was up 11,305 contracts on Monday. There were 503 deliveries issued...

Corn Falling on Ratings Improvement
BarchartTue Jul 1, 7:35AM CDT
Corn is falling on Tuesday morning, down 5 to 8 cents as USDA crop ratings showed improvement on Monday. Futures closed out the Monday session with losses of 1 to 3 cents across most contracts, as an acreage cut failed to provide the bulls with much fuel. Preliminary open interest...

Hogs Look to Tuesday After Monday Pressure
BarchartTue Jul 1, 7:35AM CDT
Lean hog futures fell $2.22 to $3.15 lower on Monday. Preliminary open interest showed some long liquidation, down 4,482 contracts. USDA’s national base hog price was up $3.79 in the Monday afternoon report, with negotiated trade at $111.88. The CME Lean Hog Index was 13 cents higher at $112.02 on...

Cattle Look to React to Border Reopening
BarchartTue Jul 1, 7:35AM CDT
Live cattle futures posted gains of 35 cents to $1.12 on the Monday session. Cash action was mostly compiling showlists on Monday. Trade last week saw sales at $230-233 in the North and $223-225 in the South. Feeder cattle futures closed out the Monday session with contracts $2.70 to $2.80...

Cotton Bouncing Early on Turnaround Tuesday
BarchartTue Jul 1, 7:35AM CDT
Cotton price action is trading with 15 to 25 point gains on Tuesday Morning. Futures posted triple digit losses on Monday, with contracts down 112 to 124 points on larger than expected acreage number reported. Crude oil was down $0.55/barrel, with the US dollar index $0.590 lower. Weekly Crop Progress...

Wheat Mixed to Kickoff Tuesday
BarchartTue Jul 1, 7:35AM CDT
The wheat market is trading with mixed action across the board, with spring wheat dragging on things. Wheat saw weakness to kick off the week as all three contracts were lower following larger than expected stocks. Chicago SRW wheat was down 2 to 4 cents to close out the day....

Wheat Falls to Weakness on Larger June 1 Stocks
BarchartMon Jun 30, 5:10PM CDT
Wheat saw weakness to kick off the week as all three contracts were lower following larger than expected stocks. Chicago SRW wheat was down 2 to 4 cents to close out the day. KC HRW contracts were 7 to 10 cents lower on Monday. MPLS spring wheat posted 5 to...

Cotton Collapses on Monday with Larger Acreage
BarchartMon Jun 30, 5:10PM CDT
Cotton posted triple digit losses on Monday, with contracts down 112 to 124 points on larger than expected acreage number reported. Crude oil was down $0.55/barrel, with the US dollar index $0.590 lower. Weekly Crop Progress data showed 95% of the US cotton crop planted (98% on average), with 40%...

Soybeans Post Marginally Mixed Trade on USDA Report Day
BarchartMon Jun 30, 5:10PM CDT
Soybeans closed the Monday session mixed with nearby contracts down 3 ¾ cents and new crop up 2 to 3 cents. The cmdtyView national average Cash Bean price is down 3 3/4 cents at $9.81 1/2. Soymeal futures were up 20 cents to $1.30 higher on the day, as Soy...