Alan Brugler

Cattle Rally, as Choice Beef Surpasses $400
BarchartFri Aug 15, 4:32PM CDT
Live cattle futures are posted gains of $2.90 to 3.90 across most contracts on Friday, with August up $3.70 on the week. Cash trade was mostly steady this week, with light dressed trade at $384-386 in the North and live action at $243-245. Southern sales have been picked up at...

Soybeans Rally into the Weekend
BarchartFri Aug 15, 4:32PM CDT
Soybeans took back the Thursday losses on Friday, with gains of 12 to 14 ¾ cents. September rounded out the week with a 54 ½ cent gain, as November was up 55 cents. The cmdtyView national average Cash Bean price was up 12 1/2 cents at $9.77 3/4. Soymeal futures...

Hogs Post Friday Gains
BarchartFri Aug 15, 4:32PM CDT
Lean hog futures posted Friday gains of 97 cents to $1.50, as bulls fought back to close out the week. October was still down 57 cents since last Friday. USDA’s national base hog price was down $2.49 in the Friday PM report, at $107.88. The CME Lean Hog Index was...

Wheat Closes Mixed as Spring Wheat Weighs on Things
BarchartFri Aug 15, 4:32PM CDT
The wheat complex was mixed to round out the week with the spring wheat market reverting lower. CBT soft red wheat futures were 2 to 3 cents in the green to close out the week that say September down 8 cents. KC HRW futures managed to close with 2 to...

Cotton Leaks Lower into the Weekend
BarchartFri Aug 15, 4:32PM CDT
Cotton futures closed out the Friday session with contracts down 7 to 18 points, as December still managed to post a 94 point gain this week on the early half strength. The US dollar index was down another $0.383 to $97.720, as crude oil futures were down another $0.78. CFTC...

Corn Posts Strength on Friday to Close the Week Back to Where it Started
BarchartFri Aug 15, 4:32PM CDT
Corn futures were rallying back on Friday, with contracts up 7 to 8 ¾ cents. September managed to pull out of the week with a penny gain, as December was down just a tick. A win for the bulls considering there’s 1 billion more bushels on the balance sheet than...

Corn Bulls Showing Off to Round Out the Week
BarchartFri Aug 15, 12:31PM CDT
Corn futures are in rally back mode to round out the week, as contracts are up 5 to 7 cents across the front months. The CmdtyView national average Cash Corn price is up 6 1/4 cent at $3.63 1/2. Precip is limited over the next week for much of the...

Cattle Rallying on Friday as Choice Beef Closes in on $400
BarchartFri Aug 15, 12:31PM CDT
Live cattle futures are up $3.02 to $4 at Friday’s midday. Cash trade has picked up this week, with light dressed trade at $384-386 in the North, with live action at $243-245. Southern bids have been picked up at $233. The Friday morning Fed Cattle Exchange online auction showed sales...

Wheat Mixed at Midday
BarchartFri Aug 15, 12:31PM CDT
The wheat complex is mixed at midday, with the soft red market leading the charge higher and spring wheat softer. CBT soft red wheat futures are up 1 to 2 cents in the nearbys. KC HRW futures are showing fractional gains across most contracts on Friday. MPLS spring wheat is...

Soybeans Rallying Back on Friday
BarchartFri Aug 15, 12:31PM CDT
Soybeans are up 13 to 14 cents so far on Friday, as bulls take back what they lost on Thursday. The cmdtyView national average Cash Bean price is up 13 1/4 cents at $9.78 1/2. Soymeal futures are back steady to a dime higher on the day, with Soy Oil...

Cotton Posting Midday Losses on Friday
BarchartFri Aug 15, 12:31PM CDT
Cotton futures are down 11 to 15 points across the front months on Friday. The US dollar index is down another $0.408 to $97.695, as crude oil futures are down another $0.63 USDA’s Export Sales data as the new crop book at 3.127 million RB, which is 28% of the...

Hogs Bulls Battle Back on Friday
BarchartFri Aug 15, 12:31PM CDT
Lean hog futures are up $1.20 to $1.525 across the front months so far on Friday. USDA’s national base hog price was down $2.25 in the Friday AM report, at $108.33. The CME Lean Hog Index was back up a nickel at $109.83 on August 12. USDA’s FOB plant pork...

Soybeans Pushing Higher in Early Friday Trade
BarchartFri Aug 15, 7:34AM CDT
Soybeans are up 7 to 8 cents so far on Friday morning. Futures fell lower on Thursday, with contract falling 14 to 16 ½ cents, as August expired down 3 ¼ at $10.08 ½. Preliminary open interest w up 10,291 contracts on Thursday. There were 3 deliveries issued on the...

Cattle Shift Focus to Friday After Thursday Selling
BarchartFri Aug 15, 7:34AM CDT
Live cattle futures fell lower on Thursday, as the bears got a head start to the week-end selling. Contracts were down $2.20 to $3 across the front months on Thursday. Cash trade has been light this week, with light dressed trade at $384-386 in the North, with live action at...

Corn Bulls Gaining Some Steam on Friday Morning
BarchartFri Aug 15, 7:34AM CDT
Corn futures are showing 3 to 4 cent gains so far on Friday. Bulls fought off the weakness on Thursday, as contracts closed with nearbys within a penny of unchanged. Preliminary open interest was down 6,778, mainly on an exit of September (22,873 contracts). The CmdtyView national average Cash Corn...