Alan Brugler
Cotton Pops Higher on Tuesday
BarchartTue Jan 21, 4:47PM CST
Cotton futures closed out the Tuesday session with contracts up 7 to 55 points across the board. The outside markets were mixed factors, as the US dollar index was down 1.443, with crude oil $1.50/barrel lower. The Seam reported 66 bales of online sales on January 20 at an average...
Hogs Face Weakness on Tuesday
BarchartTue Jan 21, 4:47PM CST
Lean hog futures were mostly 67 cents to $1.72 lower on Tuesday, with February held up 7 cents and a few deferred fall contracts 45 to 70 cents higher. The national average base hog negotiated price was reported at $77.75 on Tuesday afternoon, up 58 cents from the day prior....
Cattle Close Mixed on Tuesday
BarchartTue Jan 21, 4:47PM CST
Live cattle futures posted mixed trade on Tuesday, with contracts anywhere from 17 cents lower to 52 cents higher. Cash trade last week came in at $200-201 in the South, with sales reported of $202-205 in NE. Feeder cattle futures are up 90 cents in the nearby January contracts and...
Corn Closes in on $5 on Tuesday
BarchartTue Jan 21, 4:47PM CST
Corn futures posted 3 to 7 cent gains on Tuesday, as nearby March closed a dime off $5 and other nearbys close near that mark. The national average Cash Corn price from cmdtyView was up 5 3/4 cents at $4.55 3/4. Export Inspections data showed a total of 1.541 MMT...
Soybeans Rallies on Tuesday
BarchartTue Jan 21, 4:47PM CST
The soybean market posted 20 to 34 cent gains on Tuesday, as South American weather and easing trade talk provided support. CmdtyView’s national front month Cash Bean price was up 33 cents at $10.07 ½. Soymeal futures were $14.10/ton higher on the session. Soy Oil were back up 8 points...
Wheat Rallies as Dollar Index Falls
BarchartTue Jan 21, 4:47PM CST
Wheat rallied across the three markets on Tuesday, as the US dollar index fell 1.443 on the day to provide some support. The Chicago SRW market was 19 to 21 cents higher on the day. KC HRW contracts were up 24 to 27 cents in the nearbys on Tuesday. MPLS...
Corn Holding Gains at Tuesday’s Midday
BarchartTue Jan 21, 12:06PM CST
Corn futures are posting gains on Tuesday, with contracts rallying anywhere from 3 to 5 cents across most contracts. The national average Cash Corn price from cmdtyView is up 4 1/2 cents at $4.53 1/2. Export Inspections data showed a total of 1.541 MMT (60.68 mbu) of corn shipped in...
Wheat Posting Stronger Tuesday Trade
BarchartTue Jan 21, 12:06PM CST
Wheat is rallying across the three markets at Tuesday’s midday. The Chicago SRW market is 18 to 20 cents higher so far on the day. KC HRW contracts are up 20 to 21 cents in the nearbys on Tuesday. MPLS spring wheat futures are up 15 to 16 cents. Weekly...
Hogs Mostly Lower at Midday
BarchartTue Jan 21, 12:06PM CST
Lean hog futures are mixed at midday with February being held up and other contracts down $1.30 to $1.60. The national average base hog negotiated price was reported at $77.20 on Tuesday morning, down 25 cents from the day prior. The CME Lean Hog Index was reported at $81.40 on...
Cattle Mixed on Tuesday
BarchartTue Jan 21, 12:06PM CST
Live cattle futures are posting mixed trade on Tuesday, with contracts anywhere from 30 cents lower to 35 cents higher. Cash trade last week came in at $200-201 in the South, with sales reported of $202-205 on NE. Feeder cattle futures are up 67 cents in the nearby January contracts...
Cotton Rallying on Tuesday
BarchartTue Jan 21, 12:06PM CST
Cotton futures are trading 10 to 23 points in the green so far on Tuesday. The outside markets were mixed factors, as the US dollar index is down 1.403, with crude oil $1.82/barrel lower. CFTC Commitment of Traders data showed managed money spec traders adding 3,744 contracts to their net...
Soybeans Rallying on Tuesday Trade
BarchartTue Jan 21, 12:06PM CST
The soybean market is posting 13 to 23 cent gains so far on Tuesday, with South American weather and easing trade talk providing support. CmdtyView’s national front month Cash Bean price is up 22 ¼ cents at $9.96. Soymeal futures are $11.70/ton higher on the session. Soy Oil futures are...
Hogs Look to Tuesday after Friday Losses
BarchartTue Jan 21, 7:44AM CST
Lean hog futures fell back 65 cents to $2.22 on the Friday session, with Feb slipping down $1.425 on the week. The national average base hog negotiated price was reported at $78.50 on Friday afternoon, down $1.74 from the day prior. The CME Lean Hog Index was reported at $81.19...
Corn Extending Gains on Tuesday Morning
BarchartTue Jan 21, 7:44AM CST
Corn futures are trading with contracts up 4 to 5 cents across the nearbys and steady in new crop months. The corn market rallied on Friday with the nearby contracts up 8 ¼ to 10 cents and other contracts 1 ¼ to 3 ¾ cents higher across the board. March...
Cotton Popping on Tuesday Morning
BarchartTue Jan 21, 7:44AM CST
Cotton prices are up 42 to 53 points so far on Tuesday. Futures settled Friday with contracts back up 54 to 87 points across the board. March cotton ended the week up 59 points. The outside markets were pressure factors, as the US dollar index was up 438 points, with...