Alan Brugler
Cotton Slipping Back Lower on Friday AM Trade
BarchartFri Nov 22, 7:26AM CST
Cotton prices are posing marginal losses of 11 to 15 points so far on Friday, Futures posted gains of 11 to 20 points on Thursday, helped out by the Export Sales release. The outside markets were mixed, as the US dollar index was up 414 points and the highest in...
Wheat Back to Slightly Higher Friday Morning Trade
BarchartFri Nov 22, 7:26AM CST
Wheat futures are showing gains on Friday morning. The wheat complex was pressured lower on Thursday, with the US dollar index hitting a 1 year high, up 414 points. Chicago SRW futures were down 1 ½ to 3 3/4 cents across the board at the close. KC HRW contracts closed...
Cattle Traders Look to Square Up Ahead of Cattle on Feed Data
BarchartFri Nov 22, 7:26AM CST
Live cattle futures rounded out the Thursday session with contracts down a tick to 70 cents. Cash trade has yet to get fully kicked off this week, with very light northern trade at $290 in the beef. No sales were reported on the 2,344 head listed in Thursday morning’s Fed...
Hogs Look to Round Out Week After Thursday Gains
BarchartFri Nov 22, 7:26AM CST
Lean Hog futures closed out the Thursday session with contracts up 17 to 37 cents. The national average base hog negotiated price was not reported on Thursday afternoon due to very thin volume, with the 5-day rolling average at $83.65. The CME Lean Hog Index was reported at $87.83 on...
Corn Bulls Bouncing to Start Friday
BarchartFri Nov 22, 7:26AM CST
The corn market is kicking off the prelude to the weekend with gains of 2 to 3 cents so far. Corn posted Thursday losses at the close, with contracts down 3 ½ to 4 ½ cents across the board. Pressure mounted as the rest of the grains were lower and...
Soybeans Finding Some Gains to Begin Friday Trade
BarchartFri Nov 22, 7:26AM CST
Soybeans are trading with a slight bounce back attitude to kick off Friday, as contracts are up 3 to 4 cents in the nearbys. They failed to get much upside reaction to either the export business or better than expected Export Sales report from early on Thursday. Futures closed with...
Corn Closes with Weakness on Thursday
BarchartThu Nov 21, 4:45PM CST
Corn posted Thursday losses at the close, with contracts down 3 ½ to 4 ½ cents across the board. Pressure mounted as the rest of the grains were lower and the US dollar index posted fresh 1 year highs. The national average Cash Corn price from cmdtyView was down 3...
Wheat Bulls Slip Up Amid Dollar Strength
BarchartThu Nov 21, 4:45PM CST
The wheat complex was pressured lower on Thursday, with the US dollar index hitting a 1 year high, up 414 points. Chicago SRW futures were down 1 ½ to 3 3/4 cents across the board at the close. KC HRW contracts closed with losses of 5 to 6 1/4 cents....
Fat Cattle Close Lower, with Feeders Leading the Charge Higher
BarchartThu Nov 21, 4:45PM CST
Live cattle futures rounded out the Thursday session with contracts down a tick to 70 cents. Cash trade has yet to get fully kicked off this week, with very light northern trade at $290 in the beef. No sales were reported on the 2,344 head listed in Thursday morning’s Fed...
Soybeans Post Double Digit Losses on Thursday Facing Product Pressure
BarchartThu Nov 21, 4:45PM CST
Soybeans failed to get much upside reaction to either the export business or better than expected Export Sales report from early on Thursday. Futures closed with losses of 7 ½ to 14 cents on the day. CmdtyView’s national front month Cash Bean price was down 12 1/4 cents at $9.27....
Hogs Post Marginal Gains on Thursday
BarchartThu Nov 21, 4:45PM CST
Lean Hog futures closed out the Thursday session with contracts up 17 to 37 cents. The national average base hog negotiated price was not reported on Thursday afternoon due to very thin volume, with the 5-day rolling average at $83.65. The CME Lean Hog Index was reported at $87.83 on...
Cotton Extends Gains Following Large Export Sales Report
BarchartThu Nov 21, 4:45PM CST
Cotton futures posted gains of 11 to 20 points on Thursday, helped out by the Export Sales release. The outside markets were mixed, as the US dollar index was up 414 points and the highest in over a year. Crude oil futures provided some support, up $1.40/barrel. Export Sales data...
Hogs Posting Marginal Gains on Thursday
BarchartThu Nov 21, 12:12PM CST
Lean Hog are trading with 17 to 42 cent gains on Thursday’s midday. The national average base hog negotiated price was not reported this morning on very thin volume, with the 5-day rolling average at $83.58. The CME Lean Hog Index was reported at $87.83 on November 19, down another...
Corn Sliding at Midday, as Export Business as Expected
BarchartThu Nov 21, 12:12PM CST
Corn is facing some midday pressure on Thursday as contracts are down 3 to 4 cents at midday. The national average Cash Corn price from cmdtyView was down 3 1/4 cents at $4.03 1/2 per bu. Export Sales data from this morning showed a total of 1.495 MMT of 2024/25...
Soybeans Failing to Push Higher on Positive Export Data
BarchartThu Nov 21, 12:12PM CST
Soybeans are failing to get much upside reaction to the export business announced this morning or the better than expected Export Sales report. Futures are down 12 to 14 cents at midday an near the intraday lows. CmdtyView’s national front month Cash Bean price is down 12 1/4 cents at...