Alan Brugler

Soybeans Slipping into Midday
BarchartMon Jul 14, 12:05PM CDT
Soybeans are slipping 2 to 7 cents so far on Monday’s midday. There were 4 deliveries issued for July futures on Friday evening. The cmdtyView national average Cash Bean price was down 4 ½ cents at $9.59 1/4. Soymeal futures are down $2.60/ton, as Soy Oil is 31 points higher....

Cattle Giving Friday’s Gains Back on Monday
BarchartMon Jul 14, 12:05PM CDT
Live cattle futures are $2.27 to $3.05 across the front months on Monday. Cash trade was up $4-5 last week at $228-$230 in the South, with Northern action $8-10 higher wk/wk at $240. Feeder cattle are falling $6 to $6.25 so far on the Monday session. The CME Feeder Cattle...

Hogs Falling on Monday
BarchartMon Jul 14, 12:05PM CDT
Lean hog futures are up a tick in July, which expires on Tuesday, with other contracts falling $1.15 to $2.30 in the nearbys. USDA’s national base hog price was not reported on Monday morning, due to light volume. The CME Lean Hog Index was down 4 cents at $107.10 on...

Wheat Pressured on Monday, Led by Spring Wheat
BarchartMon Jul 14, 12:05PM CDT
Wheat is trading with losses across the three markets on Monday. Chicago SRW wheat is trading with 5 to 7 cent losses on Monday. There were another 34 delivery notices against July on Friday. July futures expire today. KC HRW contracts are falling 5 to 6 cents so far at...

Cotton Bulls Pushing Through on Monday
BarchartMon Jul 14, 12:05PM CDT
Cotton futures are trading with midday gains of 28 to 60 points so far on Monday, despite outside pressure. Crude oil is down $1.13 /barrel at $67.32, with the US dollar index $0.256 higher to $97.785. Friday afternoon's Commitment of Traders report showed a total of 3,180 contracts added to...

Corn Holding onto Gains Following Overnight Strength
BarchartMon Jul 14, 12:05PM CDT
Corn gapped lower at the Sunday night open but bulls were fighting back all night, and are holding onto 1 to 4 cent gains at midday. There were another 69 deliveries for July futures, which expire today. The front month CmdtyView national average Cash Corn price is up 2 cents...

Cattle Look to Fresh Trade After Rallying Last week
BarchartMon Jul 14, 7:38AM CDT
Live cattle futures found some strength on Friday with higher cash movement, as contracts were up $2.30 to $3. August was up $8.15 this week. Cash trade picked up to $228-$230 on Friday, in the South, up $4-5. Northern Action was $240, $8-10 higher wk/wk. Feeder cattle posted Friday gains...

Soybeans Working on the Higher Side of Unchanged
BarchartMon Jul 14, 7:38AM CDT
Soybeans are trading with gains of 2 to 5 cents so far on Monday morning. Futures posted Friday losses of 6 to 9 cents on the session, with futures failing to see bulls show up after USDA data was released. August soybeans dropped 51 1/4 cents this week, as November...

Corn Showing Higher Monday AM Trade After Gapping Lower
BarchartMon Jul 14, 7:38AM CDT
Corn bulls spent the overnight session battling back after a gap lower as contracts are up 3 to 4 cents on the session. Futures failed to see much buying post-USDA data release on Friday, as futures slipped into the close with losses of 3 to 5 cents. September closed out...

Hogs Shift Focus to New Week
BarchartMon Jul 14, 7:38AM CDT
Lean hog futures closed out Friday with losses of 50 cents to $1.65, as August was down $1.42 this week. USDA’s national base hog price was reported at $106.59 on Friday afternoon, dropping $5.74 from the day prior. The CME Lean Hog Index was up a dime at $107.14 on...

Cotton Recovering From Last Week’s Pressure Early on Monday
BarchartMon Jul 14, 7:38AM CDT
Cotton price action is trading with gains of 37 to 44 points on Monday morning. Futures ended the Friday session with losses of 5 to 30 points, as December was down 104 on the week. Crude oil is up $2.10 /barrel at $68.67, with the US dollar index $0.233 higher...

Wheat Bouncing on Monday Morning
BarchartMon Jul 14, 7:38AM CDT
Wheat is showing positive trade early on Monday, with a rebound from Friday’s losses. The wheat complex posted losses across the three markets on Friday, following a larger than expected production total. Chicago SRW wheat was down 9 to 10 cents, with September down 11 ¾ cents this week. There...

Corn Adds to Week’s Losses on Friday
BarchartFri Jul 11, 5:18PM CDT
Corn futures failed to see much buying post-USDA data release on Friday, as futures slipped into the close with losses of 3 to 5 cents. September closed out the week with a loss of 24 ¼ cents, as December was down 24 ¾. The front month CmdtyView national average Cash...

Wheat Losses Led by HRS Contracts
BarchartFri Jul 11, 5:18PM CDT
The wheat complex posted losses across the three markets on Friday, following a larger than expected production total. Chicago SRW wheat was down 9 to 10 cents, with September down 11 ¾ cents this week. KC HRW contracts were down 10 to 11 cents on the day, taking the week...

Hogs Easing Lower into the Weekend
BarchartFri Jul 11, 5:18PM CDT
Lean hog futures closed out Friday with losses of 50 cents to $1.65, as August was down $1.42 this week. USDA’s national base hog price was reported at $106.59 on Friday afternoon, dropping $5.74 from the day prior. The CME Lean Hog Index was up a dime at $107.14 on...