Alan Brugler

Corn See Marginal Gains Ahead of USDA Data Release
Barchart1 hour ago
Corn price action was mixed on Thursday with most contracts steady to a couple cents higher and nearby, thin July down 5 ¼ cents. Traders were squaring up ahead of USDA’s report on Friday. The front month CmdtyView national average Cash Corn price was unchanged at $3.85 1/4. USDA reported...

Hogs Retreat Lower on Thursday
Barchart1 hour ago
Lean hog futures closed the Thursday session with losses of $1 to $1.50. USDA’s national base hog price was reported at $112.43 on Thursday morning, up 53 cents from the day prior. The CME Lean Hog Index was down 29 cents at $107.04 on July 8. Export Sales data showed...

Cotton Eases Back Lower on Thursday
Barchart1 hour ago
Cotton futures closed out the Thursday session with losses of 5 to 11 points at the final bell. Crude oil is down $1.51 cents/barrel at $66.86, with the US dollar index $0.51 higher to $97.250. USDA Export Sales data showed 75,089 RB of old crop cotton bookings in the week...

Cattle Pull Off Highs to Close Mixed on Thursday
Barchart1 hour ago
Live cattle futures failed to hold into the early gains on Thursday, with beef pressure pushing things 5 to 55 cents lower into the close. Cash trade saw very light $225 Southern action reported early this week, with bids on Thursday at $223-227. A few northern trades were tallied at...

Winter Wheat Contracts Post Double Digit Gains
Barchart1 hour ago
The wheat complex posted mostly higher trade on Thursday, with some spring wheat months an exception. Chicago SRW wheat was 7 to 9 cents higher on the Thursday session. KC HRW contracts were up 8 to 11 cents across most months at the close. MPLS spring wheat saw mixed trade...

Soybeans Close with Strength, as Products Provide Support
Barchart1 hour ago
Soybeans saw Thursday gains of as little as ¼ cent to 7 cents in some new crop months. The cmdtyView national average Cash Bean price was up 3 1/2 cents at $9.72. Soymeal futures were up $2.10 to $2.50/ton, as Soy Oil was 23 points higher. Weekly Export Sales data...

Cotton Easing Lower on Thursday
BarchartThu Jul 10, 12:27PM CDT
Cotton futures are trading with 12 to 25 point losses on the Thursday session. Crude oil is down $1.68 cents/barrel at $66.70, with the US dollar index $0.171 lower to $97.370. USDA Export Sales data showed 75,089 RB of old crop cotton bookings in the week ending on July 3....

Cattle Fall From Highs as Traders Reject Thursday Rally
BarchartThu Jul 10, 12:27PM CDT
Live cattle futures are falling $1.40 to $1.70 at midday. Cash trade saw very light $225 Southern action reported on Tuesday. Bids are showing up at $223-227 so far on Thursday in the South. The Thursday morning Fed Cattle Exchange online auction from Central Stockyards, showed no sales on the...

Corn Sticking Close to Unchanged at Midday
BarchartThu Jul 10, 12:27PM CDT
Corn futures are down fractionally in the nearby contracts, with new crop December up ¼ cent. There were 37 delivery notices for July corn overnight, taking the total for the month to 362. The front month CmdtyView national average Cash Corn price was down 1/4 cent at $3.85 1/4. USDA...

Wheat Showing Thursday Strength
BarchartThu Jul 10, 12:27PM CDT
The wheat complex is showing gains across the three markets on Thursday. Chicago SRW wheat us up 6 to 8 cents so far at midday. KC HRW contracts a showing gains of 7 ¾ cents in the September contract. July KC wheat had another 16 delivery notices overnight. MPLS spring...

Hogs Falling on Thursday Trade
BarchartThu Jul 10, 12:27PM CDT
Lean hog futures are trading with losses of $1 to $1.30 at midday. Preliminary open interest was down 2,085 contracts on Wednesday. USDA’s national base hog price was reported at $112.75 on Thursday morning, up 94 cents from the day prior. The CME Lean Hog Index was down 29 cents...

Soybeans Back to Mixed Trade on Thursday
BarchartThu Jul 10, 12:27PM CDT
Soybeans are showing mixed action on Thursday, with nearbys lower and new crop up 2 ¾ cents. There were 308 deliveries against July soybeans overnight. The cmdtyView national average Cash Bean price was down 1 ¾ cents at $9.67 ¾. Soymeal futures are up $1.50/ton, as Soy Oil is 4...

Hog Look to Thursday AM Trade
BarchartThu Jul 10, 7:31AM CDT
Lean hog futures closed out the Thursday session with contracts up anywhere from 12 to 80 cents in the front months. Preliminary open interest was down 2,085 contracts on Wednesday. USDA’s national base hog price was reported at $111.90 on Wednesday afternoon, down 12 cents from the day prior. The...

Cotton Slipping Early on Thursday
BarchartThu Jul 10, 7:31AM CDT
Cotton price action is showing modest losses of 4 to 10 points. Futures posted gains of 28 to 40 points on the Wednesday session to rebound from recent weakness. The July contract rolled off the board at 64.96. Crude oil was down 4 cents/barrel to close at $68.29, with the...

Wheat Bulls Pushing Higher on Thursday
BarchartThu Jul 10, 7:31AM CDT
Wheat is holding its own on Thursday morning, up across all three markets. The wheat complex ended Wednesday on a mixed note, as the hard red contracts were busy posting slight strength. Chicago SRW wheat was fractionally lower to close out the session. KC HRW contracts posted slight 1 to...