Alan Brugler

Wheat Mixed at Wednesday’s Close
BarchartWed Apr 2, 5:29PM CDT
Wheat posted mixed trade at Wednesday’s close, as contracts were higher in the KC market but lower in the others. Chicago SRW futures saw losses of 1 to 2 cents on the day. Kansas City HRW contracts settled with 3 to 4 cent gains on Wednesday. MPLS spring wheat was...

Cotton Closes Lower on Wednesday, as Reciprocal Tariffs Announced
BarchartWed Apr 2, 5:29PM CDT
Cotton futures were weaker on Wednesday, with contracts closing down 40 to 47 points. Crude oil futures are back down 48 cents/barrel, as the US dollar index was $0.614 lower on the day, mostly coming following the tariff announcement. President Trump’s “Liberation Day” tariffs came with reciprocal tariffs on Pakistan...

Cattle Rally on Liberation Day
BarchartWed Apr 2, 5:29PM CDT
Live cattle futures were rallying into Liberation Day, with contracts up $1.25 to $2 at the close. This morning’s Fed Cattle Exchange online auction from Central Stockyards showed sales on 2 lots totaling 397 head (of the 1,408 listed) at $210. Feeder cattle futures ended the midweek session with contracts...

Hogs Round Out Wednesday Mixed, as Mexico Left Off the Reciprocal Tariffs
BarchartWed Apr 2, 5:29PM CDT
Lean hog futures posted mixed trade on Wednesday, with contracts down 35 to 50 cents in the nearbys and pulling off their lows into the close. Nearby April was up 7 cents. The USDA national average base hog negotiated price was up 62 cents from the day prior at $88.88...

Corn Fall on Wednesday as Liberation Day Tariffs Announced
BarchartWed Apr 2, 5:29PM CDT
Corn futures closed the midweek session with contracts fractionally lower in some new crop months to as much 4 cents in the red for nearbys. The CmdtyView national average Cash Corn price was down 3 3/4 cents on the day at $4.27 1/2. President Trump’s “Liberation Day” tariffs came with...

Soybeans Slip Lower on Wednesday, with Reciprocal Tariffs Announced
BarchartWed Apr 2, 5:29PM CDT
Soybeans pulled off the lows on Wednesday, but still closed in the red, down 2 to 5 cents. CmdtyView’s national front month Cash Bean price was down 5 cents at $9.73. Soymeal futures were down $3.20 to $5.10/ton at the close, with Soy Oil futures up another 66 to 111...

Soybeans Still Weaker on Wednesday
BarchartWed Apr 2, 12:25PM CDT
Soybeans are trading with midday weakness on Wednesday, as contract are down 2 to 6 cents. CmdtyView’s national front month Cash Bean price is down 6 1/4 cents at $9.72 ¾. Soymeal futures are down$4.50/ton, with Soy Oil futures up another 79 points so far on the day. USDA reported...

Wheat Mixed at Midday
BarchartWed Apr 2, 12:25PM CDT
Wheat is trading with mixed action on Wednesday. Chicago SRW futures are posting midday losses of 1 to 2 cents. Kansas City HRW contracts are trading with 3 to 5 cent gains so far. MPLS spring wheat is 1 to 2 cents lower at midday. USDA’s Export Sales report is...

Hogs Slipping on Wednesday
BarchartWed Apr 2, 12:25PM CDT
Lean hog futures are off the early session lows, but still trading down a tick to 97 cents so far at midday. The USDA national average base hog negotiated price was up 88 cents from the day prior at $88.96 in the Wednesday AM report. The CME Lean Hog Index...

Corn Off Early Lows at Midday
BarchartWed Apr 2, 12:25PM CDT
Corn futures are weaker on Wednesday’s midday, with contracts down 1 to 4 ¼ cents lower. Futures are off the early lows. The CmdtyView national average Cash Corn price is down 4 1/4 cents on the day at $4.27. President Trump is set to roll out tariffs later this afternoon...

Cotton Slipping Back Lower on Wednesday
BarchartWed Apr 2, 12:25PM CDT
Cotton futures are trading with 44 to 53 point losses so far on Wednesday. Crude oil futures are back up 47 cents/barrel, as the US dollar index is $0.429 lower so far on the day. The monthly NASS Cotton Systems report showed 257 RB of extra long stable cotton consumed...

Cattle Continuing Rally on Wednesday
BarchartWed Apr 2, 12:25PM CDT
Live cattle futures are rallying on Wednesday, with contracts up $1.25 to $1.85. This morning’s Fed Cattle Exchange online auction from Central Stockyards showed sales on 2 lots totaling 397 head (of the 1,408 listed) at $210. Feeder cattle futures are up 25 to 95 cents at midday. The CME...

Wheat Slipping Back Lower on Wednesday Morning
BarchartWed Apr 2, 7:33AM CDT
The wheat complex is showing mostly lower trade on Wednesday morning across the three exchanges. Wheat held gains into Tuesday’s close, as contracts were following up the Monday strength on the acreage cut. Chicago SRW futures were 3 to 4 cents higher on the day. Kansas City HRW contracts were...

Hogs Rally on Tuesday
BarchartWed Apr 2, 7:33AM CDT
Lean hog futures closed with $1.07 to $1.75 gains on Tuesday with April down 35 cents. The USDA national average base hog negotiated price was down 23 cents from the day prior at $88.26 in the Tuesday PM report. The CME Lean Hog Index was down another 28 cents from...

Corn Falling Ahead of Liberation Day Tariffs
BarchartWed Apr 2, 7:33AM CDT
Corn price action is starting off the Wednesday session with contracts down 4 ½ to 7 cents lower, as President Trump is set to roll out tariffs on what he has labeled Liberation Day. Futures started off April with contracts 4 to 8 cents higher across most contracts. Preliminary open...