Alan Brugler
Hogs See Weaker Trade on Friday
BarchartMon Sep 9, 7:26AM CDT
Lean hog futures posted Friday losses of 35 cents to $1.20 in the nearbys, with October dropping 2.725 on the week. The national average base hog price was reported at 76.79 on Friday afternoon, down $1.05 from the day prior. The CME Lean Hog Index was $86.43 on September 4,...
Wheat Slipping Lower in Monday AM Trade
BarchartMon Sep 9, 7:26AM CDT
Wheat futures are showing fractional to penny losses so far on Monday morning. They saw Friday losses across the three exchanges. Chicago SRW futures were down 7 ¾ cents in the nearby contracts, as Dec was up 15 ½ cents since last Friday. KC HRW was 11 ¼ cents higher...
Soybean Bulls Regaining Strength on Monday Morning
BarchartMon Sep 9, 7:26AM CDT
Soybean prices are trading with 7 to 9 cent gains so far on Monday morning. Futures posted 18 to 19 cent losses across the nearby contracts on Friday. That took the gain over the course of the week for November to just a nickel. Soymeal futures were down $1.90/ton in...
Corn Weakness Spilling Over into Monday
BarchartMon Sep 9, 7:26AM CDT
Corn prices are posting fractionally to 1 cent lower trade this morning. Futures closed out Friday with contracts 4 to 6 ¼ cents lower in the nearbys. December was still up 5 ¼ cents over the course of the week. There were 45 deliveries issued against September futures overnight. Export...
Cotton Trading with Monday Morning Gains
BarchartMon Sep 9, 7:26AM CDT
Cotton prices are posting Monday morning gains of 24 to 44 points. Futures closed with contracts down 149 to 156 points across the front months on Friday. The dollar index was back up 71 points, with crude oil futures back down $1.04/barrel to add pressure. Export Sales data showed a...
Cattle Bulls Looking for Fresh Start After Last Week’s Losses
BarchartMon Sep 9, 7:26AM CDT
Live cattle futures saw their fair share of selling on Friday, with contracts down $1.90 to $2.07 across the front months. Cash trade was slow last week, with the South kicking things off at $181, down $2 on the week. Northern sales were light with $180-183 reported last week by...
Hogs Fall on Friday
BarchartFri Sep 6, 4:42PM CDT
Lean hog futures posted Friday losses of 35 cents to $1.20 in the nearbys, with October dropping 2.725 on the week. The national average base hog price was reported at 76.79 on Friday afternoon, down $1.05 from the day prior. The CME Lean Hog Index was $86.43 on September 4,...
Wheat Slips Back on Friday, Still Higher on the Week
BarchartFri Sep 6, 4:42PM CDT
Wheat futures saw Friday losses across the three exchanges. Chicago SRW futures were down 7 ¾ cents in the nearby contracts, as Dec was up 15 ½ cents since last Friday. KC HRW was 11 ¼ cents higher in the front months to close out the day, as December tallied...
Cattle Collapse Continues Through Friday
BarchartFri Sep 6, 4:42PM CDT
Live cattle futures saw their fair share of selling on Friday, with contracts down $1.90 to $2.07 across the front months. Cash trade has been slow this short week, with the South kicking things off at $181, down $2 on the week. Northern sales were light with $180-183 reported this...
Soybeans Fall Back to Minimize Weekly Gains
BarchartFri Sep 6, 4:42PM CDT
Soybean futures posted 18 to 19 cent losses across the nearby contracts on Friday. That took the gain over the course of the week for November to just a nickel. Soymeal futures were down $1.90/ton in the October contracts. Soy Oil futures were the pressure factor on Friday with losses...
Cotton Heads Home Lower on Friday, with Outside Pressure
BarchartFri Sep 6, 4:42PM CDT
Cotton futures closed with contracts down 149 to 156 points across the front months on Friday. The dollar index was back up 71 points, with crude oil futures back down $1.04/barrel to add pressure. Export Sales data from this morning showed a high in the first month of the marketing...
Corn Sees Week-End Pressure on Friday
BarchartFri Sep 6, 4:42PM CDT
Corn futures close out the day with contracts 4 to 6 ¼ cents lower in the nearbys. December was still up 5 ¼ cents over the course of the week. Export Sales data showed old crop corn with net reductions of 173,097 MT in the week of August 29. That...
Corn Pulling Back on Friday, Despite Solid Export Business
BarchartFri Sep 6, 12:07PM CDT
Corn futures are trading with 1 to 4 cents losses across the front months on Friday, extending Thursday’s slide. There was a total of 39 deliveries issued against September overnight, taking the total since first notice day to 350. Export Sales data showed old crop corn with net reductions of...
Cotton Collapsing on Friday, with Outside Pressure
BarchartFri Sep 6, 12:07PM CDT
Cottonfutures are down 105 to 256 points across the front months so far on Friday. The dollar index is back up 171 points, with crude oil futures back down $1.64/barrel to add pressure. Export Sales data from this morning showed a high in the first month of the marketing year...
Cattle Continuing Slide on Friday
BarchartFri Sep 6, 12:07PM CDT
Live cattle futures are down $1.30 to $1.50 across the nearbys on Friday. Cash trade has been slow this short week, with the South kicking things off at $181 on Thursday, down $2 on the week. Northern bids are $180-181 so far this morning. Feeder cattle futures are $2.70 to...