Alan Brugler
Cattle Post Rally on Tuesday
Barchart52 minutes ago
Live cattle futures posted 50 cent to $1.575 higher trade on Tuesday. Cash trade has yet to kick off this week, with Monday mostly compiling showlists. Last week saw sales of $180-182 reported in the South, steady to $1 higher from the week prior, with the North steady to $1...
Soybeans Hold Higher on Tuesday
Barchart52 minutes ago
Soybean futures settled Tuesday with contracts steady to 1 ½ cents higher. CmdtyView’s national front month Cash Bean price was up 1 ¼ cents at $9.44 ¾. Front month Soymeal futures was down $1.90 to 2.20/ton. Soy Oil futures were up 58 to 80 points across the board, with gains...
Cotton Slips Lower on Tuesday
Barchart52 minutes ago
Cotton futures faded off the 3 cent limit gains from Monday, with contracts closing down 14 to 94 points on Tuesday. The dollar index is back up 240 points so far, with crude oil futures up $1.02/barrel. Weekly Crop Progress data tallied cotton condition ratings at 39% in good/excellent categories,...
Hogs Post Triple Digit Strength on Tuesday
Barchart52 minutes ago
Lean hog futures were up $1.12 to $1.85 in the nearby contracts on Tuesday, with other contracts 47 cents to $1.17 higher. The national average base hog price was reported at $77.33 on Tuesday afternoon, up 37 cents from the previous day. The CME Lean Hog Index was $84.38 on...
Corn Ends with Gains on Tuesday
Barchart52 minutes ago
Corn futures closed out the Tuesday session with contracts up 1 to 2 ½ cents, fighting off some intraday weakness. The front month national Cash Corn price from cmdtyView was up 2 cents at $3.77 ¼ per bu. USDA’s Crop Progress report showed corn crop ratings up 1% to 65%...
Wheat Closes with Mixed Trade
Barchart52 minutes ago
Wheat futures ended the Tuesday session mixed across all three exchanges hard red contracts showed the most strength. Chicago SRW futures were down ¾ to 2 ¾ cents at the close. KC HRW was mixed, with front months steady to ½ cent lower and back month ¼ to ½ cent...
Soybean Bulls Holding Up So Far on Tuesday
BarchartTue Sep 17, 12:00PM CDT
Soybean futures are posting fractional to 1 cent gains so far on the Tuesday session. CmdtyView’s national front month Cash Bean price is up a penny at $9.44 ½. Front month Soymeal futures are down $3.00/ton. Soy Oil futures are up 76 points thus far on the day, with $1.81...
Cotton Pulling Back on Tuesday
BarchartTue Sep 17, 12:00PM CDT
Cotton futures are fading off the 3 cent limit gains from Monday, with contracts back down 62 to 79 points at midday. The dollar index is back up 175 points so far, with crude oil futures up $1.73/barrel. Weekly Crop Progress data tallied 54% of the US cotton crop with...
Cattle Posting Higher Trade on Tuesday
BarchartTue Sep 17, 12:00PM CDT
Live cattle futures are trading with $1.25 to $1.35 gains at Tuesday’s midday. Trade has yet to kick off this week, with Monday mostly compiling showlists. Cash trade last week saw sales of $180-182 reported in the South, steady to $1 higher from the week prior, with the North steady...
Hogs Posting Midday Strength
BarchartTue Sep 17, 12:00PM CDT
Lean hog futures are yup 95 cents to $1.70 at Tuesday’s midday. The national average base hog price was reported at $76.74 on Tuesday morning up $1.74 from the previous day. The CME Lean Hog Index was $84.38 on September 13, down another 49 cents from the day prior. USDA’s...
Wheat Mixed at Tuesday’s Midday
BarchartTue Sep 17, 12:00PM CDT
Wheat futures are mixed across all three exchanges as the market trades through Tuesday. Chicago SRW futures are down 3 to 4 cents on the day. KC HRW is 1 to 2 cents lower. MPLS spring wheat is back up 1 to 3 cents across the front months. Monday afternoon’s...
Corn Showing Fractional Gains at Midday
BarchartTue Sep 17, 12:00PM CDT
Corn futures are showing steady to fractionally higher trade so far on Tuesday. The front month national Cash Corn price from cmdtyView is up ¾ cent at $3.77/bu. USDA’s Crop Progress report showed the US corn crop at 85% dented by 9/16, 1 percentage point above normal. The crop was...
Cattle Slip Up on Monday
BarchartTue Sep 17, 7:31AM CDT
Live cattle futures are trading with 2 to 25 cent lower trade so far on Monday. Trade has yet to kick off this week, with Monday mostly compiling showlists. Cash trade last week saw sales of $180-182 reported in the South, steady to $1 higher from the week prior, with...
Cotton Pulling Back Following Monday Limit Up Move
BarchartTue Sep 17, 7:31AM CDT
Cotton prices are back down 50 to 79 points so far on Tuesday morning. Futures posted limit gains of 300 points across the front months on Monday. The dollar index was down 485 points so far, with crude oil futures up $1.85/barrel. Weekly Crop Progress data tallied 54% of the...
Wheat Pushing Higher to Start Tuesday
BarchartTue Sep 17, 7:31AM CDT
Wheat futures are showing positive Tuesday AM trade following Monday’s collapse. The wheat complex faced pressure on Monday across all three exchanges. Chicago SRW futures were down 14 to 17 cents on the day. KC HRW was 19 to 20 cents lower. MPLS spring wheat showed 14 to 16 cent...