Alan Brugler
Wheat Mostly Higher in Tuesday AM Trade
BarchartTue Oct 29, 7:36AM CDT
Futures are starting Tuesday with gains across the three markets. The wheat complex was lower across all three exchanges at the Monday close. Chicago SRW futures were down 4 ½ to 10 ¼ cents on the day. KC HRW contracts closed the session with losses of 8 ¼ to 10...
Cotton Turning Higher to Begin Tuesday Trade
BarchartTue Oct 29, 7:36AM CDT
Cotton prices are trading with 44 to 52 point gains on Tuesday morning. Futures closed out the Monday session with contracts 5 to 32 points in the red. The outside markets were a pressure factors, with crude oil falling $3.81/barrel after Israel’s strikes on Iran were limited over the weekend....
Soybeans Trying to Lean into Turnaround Tuesday
BarchartTue Oct 29, 7:36AM CDT
Soybeans are showing 1 to 2 cent gains to kick off Tuesday trade. They fell into the Monday close, as contracts were down 10 ¼ to 13 ¾ cents across the board. Preliminary open interest showed net new selling across most contracts, with all but the Nov up 18,041 contracts....
Hog Bulls Gain Ground on Monday
BarchartTue Oct 29, 7:36AM CDT
Lean hog futures posted Monday gains of 7 to 95 cents across the board as pork stocks were tallied at a 14-year low for September. The national average base hog price was reported at $80.95 on Monday afternoon, up $5.29 from the previous day. The CME Lean Hog Index was...
Corn Sneaking Higher on Tuesday AM
BarchartTue Oct 29, 7:36AM CDT
Corn prices are showing fractional gains across the front months so far on Tuesday morning. Futures closed out the Monday session with contracts heading down ½ to 4 ½ cents across the board, led by the nearbys. Preliminary open interest saw net new selling across most contracts, with exception to...
Cattle See Strength on Monday
BarchartTue Oct 29, 7:36AM CDT
Live cattle futures closed out Monday with contracts 12 to 47 cents in the green. Cash trade last week improved ~$2 from the previous week, with Southern sales tallied at $190-191 and the Northern trade coming in at $190-192. Feeder cattle futures settled the Monday session with contracts up 15...
Cattle Close with Gains on Monday
BarchartMon Oct 28, 4:56PM CDT
Live cattle futures closed out Monday with contracts 12 to 47 cents in the green. Cash trade last week improved ~$2 from the previous week, with Southern sales tallied at $190-191 and the Northern trade coming in at $190-192. Feeder cattle futures settled the Monday session with contracts up 15...
Wheat Posts Monday Losses
BarchartMon Oct 28, 4:56PM CDT
The wheat complex was lower across all three exchanges at the Monday close. Chicago SRW futures were down 4 ½ to 10 ¼ cents on the day. KC HRW contracts closed the session with losses of 8 ¼ to 10 ¾ cents. MPLS spring wheat posted losses of 6 to...
Soybeans Fall on Bean Oil Pressure
BarchartMon Oct 28, 4:56PM CDT
Soybeans fell into the Monday close, as contracts were down 10 ¼ to 13 ¾ cents across the board. CmdtyView’s national front month Cash Bean price was down 13 1/4 cents at $9.19. Soymeal futures were down 90 cents to $1.70/ton on the day. Soy Oil got some pressure from...
Corn Pressured Lower on Monday
BarchartMon Oct 28, 4:56PM CDT
Corn futures closed out the Monday session with contracts heading down ½ to 4 ½ cents across the board, led by the nearbys. The market was feeling a risk off mode across the commodities with $3.81/barrel losses in crude oil. The national average Cash Corn price from cmdtyView was down...
Hogs Push Higher, with Negotiated Cash Strength
BarchartMon Oct 28, 4:56PM CDT
Lean hog futures posted Monday gains of 7 to 95 cents across the board as pork stocks were tallied at a 14-year low for September. The national average base hog price was reported at $80.95 on Monday afternoon, up $5.29 from the previous day. The CME Lean Hog Index was...
Cotton Pressured Lower on Monday
BarchartMon Oct 28, 4:56PM CDT
Cotton futures closed out the Monday session with contracts 5 to 32 points in the red. The outside markets were a pressure factors, with crude oil falling $3.81/barrel after Israel’s strikes on Iran were limited over the weekend. The US dollar index was 43 points higher. Crop Progress data tallied...
Corn Weakness Pushes into Midday
BarchartMon Oct 28, 12:10PM CDT
Corn futures are trading with 3 to 4 cent losses so far on Monday, as the market is feeling a risk off mode with $4/barrel losses in crude oil. The national average Cash Corn price from cmdtyView is down 3 cents at $3.80 1/2 per bu. USDA reported private export...
Wheat Posting Midday Monday Losses
BarchartMon Oct 28, 12:10PM CDT
The wheat complex is continuing lower across all three exchanges at we trade through Monday. Chicago SRW futures are down 5 to 6 cents. KC HRW contracts are trading with 6 to 7 cent losses. MPLS spring wheat is posting losses of 4 to 6 cents. Rains are making their...
Hogs Rallying to Start the Week
BarchartMon Oct 28, 12:10PM CDT
Lean hog futures are posting 25 to 75 cent gains in the nearbys on Monday. The national average base hog price was not reported on Monday morning due to light volume, with the 5-day rolling average at $74.97. The CME Lean Hog Index was reported at $85.43 on October 24,...