Alan Brugler
Hogs Fall Lower on Friday
BarchartFri Jan 17, 4:42PM CST
Lean hog futures fell back 65 cents to $2.22 on the Friday session, with Feb slipping down $1.425 on the week. The national average base hog negotiated price was reported at $78.50 on Friday afternoon, down $1.74 from the day prior. The CME Lean Hog Index was reported at $81.19...
Corn Rally into 3-Day Weekend
BarchartFri Jan 17, 4:42PM CST
The corn market rallied on Friday with the nearby contracts up 8 ¼ to 10 cents and other contracts 1 ¼ to 3 ¾ cents higher across the board. March was up 13 ¾ cents on the week. The national average Cash Corn price from cmdtyView is up 9 1/4...
Cattle Close Mixed on Friday
BarchartFri Jan 17, 4:42PM CST
Live cattle futures settled the Friday session with contracts up 22 cents to 40 cents lower. February slipped back down $2.025 from last Friday. Cash trade this week came in at $200-201 in the South, with sales reported of $202-205 on NE. Feeder cattle futures were 5 to 32 cents...
Soybeans Rally Back Higher on Friday
BarchartFri Jan 17, 4:42PM CST
Soybeans posted a rally ahead of Monday’s inauguration. Contracts were up 10 to 15 cents in the nearbys, with new crop contracts up 3 ½ to 7 ¾ cents. Nearby March was 8 ¾ cents higher since last Friday. CmdtyView’s national front month Cash Bean price is up 14 ¼...
Wheat Firms Ahead of the Long Weekend
BarchartFri Jan 17, 4:42PM CST
The wheat market closed out the Friday session with contracts steady to slightly higher. The Chicago SRW market was fractionally higher to 1 ¼ cents on the day. March was 8 cents higher on the week. KC HRW closed with contracts fractionally mixed, as March was down 3 ¼ cents...
Cotton Posts Friday Gains
BarchartFri Jan 17, 4:42PM CST
Cotton futures settled Friday with contracts back up 54 to 87 points across the board. March cotton ended the week up 59 points. The outside markets were pressure factors, as the US dollar index was up 438 points, with crude oil $0.64/barrel lower. The markets and government will be closed...
Soybeans Rallying Ahead of Inauguration Day
BarchartFri Jan 17, 12:19PM CST
Soybeans are posting a rally heading into President-elect Trump’s inauguration on Monday. Contracts are up 15 to 18 cents in the nearbys, with new crop November up 7 ¾ cents. CmdtyView’s national front month Cash Bean price is up 16 ½ cents at $9.76. Soymeal futures were $4/ton higher at...
Cotton Popping Higher on Friday
BarchartFri Jan 17, 12:19PM CST
Cotton futures are up 67 to 81 points as we trade through Friday’s midday. The outside markets are pressure factors, as the US dollar index was up 313 points, with crude oil $0.42/barrel lower. The markets and government will be closed on Monday due to Martin Luther King Jr Day,...
Hogs Falling on Friday
BarchartFri Jan 17, 12:19PM CST
Lean hog futures are trading with Friday losses of 80 cents to $2. The national average base hog negotiated price was reported at $78.08 on Friday morning, down $2.36 from the day prior. The CME Lean Hog Index was reported at $81.19 on January 15, up 9 cents from the...
Cattle Back Higher on Friday
BarchartFri Jan 17, 12:19PM CST
Live cattle futures are back up 45 to 95 cents so far on Friday. Cash trade this week came in at $200-201 in the South, with sales reported of $202-205 on NE. Feeder cattle futures are 30 to 85 cents higher at midday. The CME Feeder Cattle Index was back...
Wheat Mixed at Midday
BarchartFri Jan 17, 12:19PM CST
The wheat market is mixed at Friday’s midday. The Chicago SRW market is fractionally higher so far on the day. KC HRW is trading with fractional to 1 cent losses at midday. MPLS spring wheat futures are fractionally higher on Friday. The markets and government will be closed on Monday...
Corn Rallying on Friday
BarchartFri Jan 17, 12:19PM CST
The corn market is rallying on Friday’s midday, with contracts up 9 to 10 cents in the front months and new crop December 2 3/4 cents higher. The national average Cash Corn price from cmdtyView is up 9 3/4 cents at $4.49 1/2. The markets and government will be closed...
Hogs Back Lower on Thursday
BarchartFri Jan 17, 7:33AM CST
Lean hog futures posted Thursday losses of 27 to 82 cents. The national average base hog negotiated price was reported at $80.24 on Thursday morning, up 3 cents from the day prior. The CME Lean Hog Index was reported at $81.10 on January 14, up 11 cents from the previous...
Corn Sneaking Back Higher to Start Friday
BarchartFri Jan 17, 7:33AM CST
The corn market is trading with fractional gains so far on Friday morning. Corn closed out the Thursday session with contracts down 4 to 5 cents across most front months. The national average Cash Corn price from cmdtyView was down 4 1/2 cents at $4.40 3/4. USDA’s Export Sales report...
Soybeans Mixed on Friday AM Trade
BarchartFri Jan 17, 7:33AM CST
Soybeans are showing mixed action early on Friday, with front months up 1 to 2 ½ cents and new crop fractionally lower. The soybean market was in sell mode on Thursday, with contracts down 18 to 24 cents in most nearby contracts at the close. CmdtyView’s national front month Cash...