Alan Brugler

Corn Holds Losses into Thursday’s Close
BarchartThu Jun 26, 4:49PM CDT
Corn futures closed out the Thursday session with contracts fractionally to 2 cents lower. The front month CmdtyView national average Cash Corn price was down 1 1/4 cents at $3.86 1/4. Export Sales data was released this morning, with USDA showing 741,226 MT of old crop corn sold in the...

Soybeans Feel Meal Pressure, with Thursday Weakness
BarchartThu Jun 26, 4:49PM CDT
Soybeans posted Thursday losses of 1 to 3 cents at the close, as multi-year lows in Meal are adding to the pressure. The cmdtyView national average Cash Bean price was up 1/4 cents at $9.79 1/2. Soymeal futures were another $4.70 to $5.40/ton lower, hitting the lowest prices on the...

Futures Slip Lower on Thursday, as Hogs & Pigs Report Shows More Hogs
BarchartThu Jun 26, 4:49PM CDT
Lean hog futures posted 50 to 97 cent losses on Thursday. USDA’s national base hog price was reported at $108.00 on Thursday afternoon, down $2.51 from the previous day. The CME Lean Hog Index was up 97 cents at $111.41 on June 24. The quarterly Hogs & Pigs report from...

Cotton Close with Gains Despite Export Sales Data
BarchartThu Jun 26, 4:49PM CDT
Cotton futures ended the Thursday session with contracts continuing to push higher, up 27 to 63 points despite weaker Export Sales data. Crude oil was up $0.33/barrel, with the US dollar index down $0.333. Weekly Export Sales data showed just 27,342 RB of 2024/25 cotton sold in the week ending...

Cattle Bulls Keep Their Head Above Water on Thursday
BarchartThu Jun 26, 4:49PM CDT
Live cattle futures posted steady to 25 cent higher trade on Thursday, even as cash weakness started to creep in. Cash trade saw some light action this afternoon at $230 in the North and $223-225 in the South. No sales were reported in the Thursday Fed Cattle Exchange online auction...

Wheat Losses Extend to Thursday’s Close
BarchartThu Jun 26, 4:49PM CDT
Wheat posted weakness across the three markets on Thursday, as the reversion lower is extending. Chicago SRW wheat was 7 to 8 cents lower at the close. KC HRW contracts were 5 to 6 cents in the red. MPLS spring wheat was down 2 to 5 cents. USDA’s Export Sales...

Hogs Leaking Ahead of Hogs & Pigs Report
BarchartThu Jun 26, 12:14PM CDT
Lean hog futures are trading with 35 to 80 cent gains across nearby most contracts on Thursday. USDA’s national base hog price was reported at $108.09 on Thursday morning. The CME Lean Hog Index was up 97 cents at $111.41 on June 24. Ahead of this afternoon’s Hogs & Pigs...

Cattle Mostly Higher at Thursday’s Midday
BarchartThu Jun 26, 12:14PM CDT
Live cattle futures are trading with 7 to 55 cent gains so far. Cash trade has yet to get kicked off this week, with bids of $222 in the South so far, with northern dressed bids at $365. No sales were reported in the Thursday Fed Cattle Exchange online auction...

Cotton Push Higher Continuing on Thursday
BarchartThu Jun 26, 12:14PM CDT
Cotton futures are trading with 30 to 46 point gains across most contracts on Thursday, with thin and in delivery July down 285 points. Support is continuing to come via outside factors. Crude oil is up $1.16/barrel, with the US dollar index down $0.593. Weekly Export Sales data showed just...

Soybeans Near Unchanged on Thursday, as Meal Continues Slide
BarchartThu Jun 26, 12:14PM CDT
Soybeans are trading with fractional to 3 cents lower across the front months on Thursday. The cmdtyView national average Cash Bean price is down 2 cents at $9.77 1/4. Soymeal futures are another $4.70/ton lower, hitting the lowest prices on the front month chart since 2016. Soy Oil up 46...

Wheat Losing Streak Continuing On Thursday
BarchartThu Jun 26, 12:14PM CDT
Wheat is posting a continued lower trade across the three exchanges at Thursday’s midday. Chicago SRW wheat is 5 to 7 cents lower on the day. KC HRW contracts are trading with 5 to 7 cent losses. MPLS spring wheat is down 6 to 8 cents. USDA’s Export Sales report...

Corn Showing Slight Losses on Thursday
BarchartThu Jun 26, 12:14PM CDT
Corn futures are showing fractional to 2 cent losses across most front months on Thursday. The front month CmdtyView national average Cash Corn price is down 1/4 cents at $3.87. Export Sales data was released this morning, with USDA showing 741,226 MT of old crop corn sold in the week...

Wheat Weakness Continuing on Thursday Morning
BarchartThu Jun 26, 7:46AM CDT
Wheat is trading with slight losses on the Thursday AM session. The wheat market faded lower on the Wednesday session, with contracts down across the three exchanges. Chicago SRW wheat was 7 to 8 cents lower on the day. KC HRW contracts closed with 10 to 11 cent losses. MPLS...

Corn Weakness Extending to Thursday AM Trade
BarchartThu Jun 26, 7:46AM CDT
Corn price action is steady to a penny lower on Thursday morning. futures settled Wednesday with losses of 6 to 7 ¼ cents across most contracts to extend to new contract lows for several front months. Lack of a threatening forecast moving into July is putting pressure on the market....

Soybeans Trying to Take Back Some Losses
BarchartThu Jun 26, 7:46AM CDT
Soybeans are up 1 to 3 cents across the front months on Thursday. The soybean market continued to feel pressure all the way to Wednesday’s close, with contracts 18 to 21 ½ cents on the day. The cmdtyView national average Cash Bean price was down 21 cents at $9.79 1/4....