Alan Brugler

Cattle Bulls Take Back Early Losses to Post Gains, as Fats Lead the Charge on Cash Strength
BarchartFri Oct 10, 5:03PM CDT
Live cattle futures shrugged off the early session weakness, as futures posted strength on cash strength to close $2 to $3.45 higher. October rallied back $7.45 this week. There were no deliveries again for October live cattle again on Friday, with the oldest long dated July 31. Cash saw some...

Cotton Falls on Friday with Increasing Trade Tensions
BarchartFri Oct 10, 5:03PM CDT
Cotton futures posted losses on Friday, with contracts pulling back 60 to 77 cents in the nearbys. December was down 146 points this week. The US dollar index was back down $0.665 on the Friday session to $98.620, with crude oil $3.31/barrel lower and below the $60 level. Earlier this...

Corn Falls on Friday
BarchartFri Oct 10, 5:03PM CDT
The corn market was under pressure in sympathy with the beans and other some outside pressure on Friday. Contracts closed down 4 to 5 ¼ cents, with December 6 cents lower this week. The CmdtyView national average Cash Corn price was down a nickel at $3.71 3/4. The average close...

Hogs Close the Week with Friday Losses
BarchartFri Oct 10, 5:03PM CDT
Lean hog futures were weaker on Friday contracts steady to 40 cents in the red at the close, October was down $1.975 this week. USDA’s national base hog price from Friday afternoon was up 7 cents from the day prior at $96.40. The CME Lean Hog Index was down another...

Soybeans Hold $10 But Fall on Friday as Trade Tensions Rise
BarchartFri Oct 10, 5:03PM CDT
Soybeans were under pressure from increased trade tensions on Friday, with losses of 14 to 16 cents and November down 11 ¼ cents on the week. The cmdtyView national average Cash Bean price was 15 3/4 cents lower at $9.31. Soymeal futures fell $1.60 to $2.30 on the day, with...

Wheat Falls on Friday with the Other Grains
BarchartFri Oct 10, 5:03PM CDT
The wheat complex fell across the three markets on Friday, to end the week with spillover pressure from the rest of the commodity complex. CBT soft red wheat futures saw losses of 8 to 9 cents on Friday, with December 16 ¾ cents lower. KC HRW futures posted 6 to...

Soybeans Collapsing Back to the $10 Level Following President Trump Post
BarchartFri Oct 10, 12:14PM CDT
Soybeans are falling at midday, with losses of 16 to 17 cents so far on the day. The cmdtyView national average Cash Bean price is 16 3/4 cents lower at $9.30. Soymeal futures are down 90 cents to $1.80 in the front months. There were another 9 deliveries against October...

Cotton Posting Friday Losses on Increases Trade Tensions
BarchartFri Oct 10, 12:14PM CDT
Cotton futures are down 55 to 64 points so far on Thursday. October expired today. The US dollar index is back down $0.525 on the Friday session to $98.760, with crude oil $2.55/barrel lower and below the $60 level. Earlier this morning, President Trump posted on Truth Social that China...

Corn Posting Midday Losses on Friday
BarchartFri Oct 10, 12:14PM CDT
The corn market is falling in sympathy with the beans and facing some outside pressure on Friday, with contracts down 3 to 4 ½ cents at midday. The CmdtyView national average Cash Corn price is down 4 1/2 cents at $3.71 1/4. Spillover pressure from sharp losses on beans from...

Cattle Seeing Some Profit Taking with Friday Losses
BarchartFri Oct 10, 12:14PM CDT
Live cattle futures are down 85 to 95 cents on Friday, with October up 72 cents. There were no deliveries again for October live cattle again on Thursday, with the oldest long dated June 26. Cash trade has yet to pick up this week across the country, with a few...

Wheat Posting Midday Losses on Friday
BarchartFri Oct 10, 12:14PM CDT
The wheat complex is falling on Friday’s midday, with all three markets taking losses. CBT soft red wheat futures are 7 to 9 cents in the red on Friday. Preliminary open interest was up 10,762 contracts. KC HRW futures are down 6 to 7 cents at midday. MPLS spring wheat...

Hogs Slide Lower Continues on Friday
BarchartFri Oct 10, 12:14PM CDT
Lean hog futures are trading with 15 to 55 cent losses on Friday. USDA’s national base hog price from Friday morning was reported $96.91. The CME Lean Hog Index was down another 62 cents on October 8 at $100.08. USDA’s FOB plant report from Friday morning showed the pork cutout...

Corn Starting Friday with Losses
BarchartFri Oct 10, 7:38AM CDT
Corn prices are down 1 to 2 cents across most contracts on Friday morning. Futures posted lower trade across the front months on Thursday, with losses of 3 to 4 cents. Preliminary open interest was up 6,338 contracts on Thursday. The CmdtyView national average Cash Corn price was down 4...

Hog Bulls Looking for a Bounce on Friday
BarchartFri Oct 10, 7:38AM CDT
Lean hog futures saw pressure on Thursday, with contracts down 60 cents to $1.75 at the close. Open interest dropped 3,670 contracts on Thursday, indicating some long liquidation. USDA’s national base hog price from Thursday afternoon was down $2.72 at $96.33. The CME Lean Hog Index was down another 72...

Wheat Slipping Back Early on Friday
BarchartFri Oct 10, 7:38AM CDT
Wheat is showing weakness so far on Friday morning. The wheat complex was mixed on Thursday, as the winter wheats continue to grind lower. CBT soft red wheat futures were down fractionally to 1 ¼ cents on the day. Preliminary open interest was up 10,762 contracts. KC HRW futures were...