Alan Brugler

Wheat Heads Lower into the Weekend
BarchartFri Mar 28, 5:02PM CDT
The wheat market closed with weakness across the three exchanges on Friday. Chicago SRW futures were falling back 3 to 5 cents on the session. Kansas City HRW contracts were leading the charge lower, with contracts down 14 to 15 cents. MPLS spring wheat is down 6 to 8 cents...

Cotton Slip Lower into the Weekend
BarchartFri Mar 28, 5:02PM CDT
Cotton futures closed with Friday losses of 18 to 24 points, as nearby May was up 163 points on the week. Crude oil futures were down 88 cents/barrel, as the US dollar index $0.292 lower on the day. Friday’s CFTC Commitment of Traders report showed managed money adding back 4,193...

Cattle Close with Weakness on Friday
BarchartFri Mar 28, 5:02PM CDT
Live cattle futures crept lower into Friday’s close, as front months were down 70 to 95 cents. Cash trade was slow to develop this week, with most action settling in at $209-210 in the South and $213-214 in the North. Dressed trade was $335-345 in the North. Feeder cattle futures...

Hogs Post Marginal Losses on Friday
BarchartFri Mar 28, 5:02PM CDT
Lean hog futures slipped lower into the Friday close, down 30 to 40 cents across the nearbys. The USDA national average base hog negotiated price was up 21 cents at $88.30 in the Friday PM report. The CME Lean Hog Index was steady from the previous day on March 26...

Corn Bulls Push Back Higher into the Close
BarchartFri Mar 28, 5:02PM CDT
The corn market closed the Friday session with contracts up 2 to 4 cents in the front months, with December down 1 ¼ cents. May was down 11 cents on the week, with December slipping 8 ½ cents. The CmdtyView national average Cash Corn price was up 3 ½ cents...

Soybeans Rally into the Weekend
BarchartFri Mar 28, 5:02PM CDT
Soybeans posted gains of 6 to 9 cents across most front months on Friday, as May was up 13 ¼ cents on the week. November saw a 21 ¼ cent gain since last Friday. CmdtyView’s national front month Cash Bean price was up 6 1/2 cents at $9.66. Soymeal futures...

Wheat Falling Lower on Friday
BarchartFri Mar 28, 12:24PM CDT
The wheat market is posting continued weakness on Friday. Chicago SRW futures are slipping back 8 to 9 cents at midday. Kansas City HRW contracts are leading the charge lower, with contracts down 17 to 18 cents. MPLS spring wheat is down 7 to 10 cents across the front months....

Cotton Weaker at Friday’s Midday
BarchartFri Mar 28, 12:24PM CDT
Cotton futures are trading with 21 to 32 point losses on Friday’s midday. Crude oil futures are down 54 cents/barrel, as the US dollar index $0.282 lower on the day. USDA Export Sales data has commitments for upland cotton at 10.309 million RB, which lags last year by 5%. That...

Corn Posting Mixed Trade on Friday
BarchartFri Mar 28, 12:24PM CDT
The corn market is trading with contracts mixed, as nearbys up fractionally to 1 ½ cents higher and down 1 ½ in new crop December as the market squares up ahead of Monday’s reports. The CmdtyView national average Cash Corn price was down 1 ½ cents on the day at...

Soybeans Holding Gains on Friday’s Midday
BarchartFri Mar 28, 12:24PM CDT
Soybeans are showing midday strength on Friday, with contracts up 3 to 4 cents across the nearbys. CmdtyView’s national front month Cash Bean price is up 3 1/2 cents at $9.64. Soymeal futures are down $1.90/ton, as Soy Oil futures are 75 points higher on the day. Weekly Export Sales...

Hogs Showing Marginal Weakness on Friday
BarchartFri Mar 28, 12:24PM CDT
Lean hog futures are down 5 to 25 cents across most contracts on Friday. The USDA national average base hog negotiated price was down 58 cents at $87.91 in the Friday AM report. The CME Lean Hog Index was steady from the previous day on March 26 at $89.13. Hogs...

Cattle Slipping Weaker on Friday
BarchartFri Mar 28, 12:24PM CDT
Live cattle futures are down 30 to 55 cents across the nearbys on Friday. Cash trade has been slow this week. A single sale of $222 was reported in IA this morning. The Central Stockyards Fed Cattle Exchange online auction showed no sales on the 1,328 head listed again on...

Wheat Falling on Friday Morning
BarchartFri Mar 28, 7:40AM CDT
The wheat market is showing sharp losses across most contracts early on Friday Wheat futures were mixed across the three exchanges on Thursday, as the hard red contracts held up. Chicago SRW futures were down 3 to 4 cents in the front months at the close, pressured by a wet...

Cattle Look to Close Out Week
BarchartFri Mar 28, 7:40AM CDT
Live cattle futures rallied on Thursday after starting out the day with losses, as contracts were up $2.40 to $2.80 higher at the close. Preliminary open interest data was up 4,631 contracts. Cash trade has been slow this week, with light sales at $213 in the north reported. The Central...

Cotton Pulling Back on Friday Morning
BarchartFri Mar 28, 7:40AM CDT
Cotton price action is down 14 to 30 cents across the board on Friday morning. Futures posted strength on Thursday, as contracts closed with front month gains of 100 to 139 points. The outside markets were supportive on the day. Crude oil futures were up 29 cents/barrel, as the US...