Alan Brugler
Corn Falls Lower on Thursday
BarchartThu Sep 19, 4:47PM CDT
Corn futures closed out the Thursday session with losses of 3 ¾ to 7 cents across the board. The front month national Cash Corn price from cmdtyView was down 7 cents to match Dec, settling at $3.71 1/2 per bu. This morning's Export Sales report indicated 847,350 MT in corn...
Wheat Closes Lower Following Weak Export Sales Data
BarchartThu Sep 19, 4:47PM CDT
The wheat complex posted losses across the board on Thursday. Chicago SRW futures were down 8 ½ to 10 1/4 cents on the day. KC HRW saw losses of 11 to 14 cents across the board. MPLS spring wheat posted 3 to 8 3/4 cent losses. Thursday morning’s Export Sales...
Soybeans Close with Fractional Losses
BarchartThu Sep 19, 4:47PM CDT
Soybean futures rounded out the Thursday session with a bout of weakness, as contracts were fractionally lower across the front months. CmdtyView’s national front month Cash Bean price was down 3/4 cent at $9.51 1/4. Soymeal futures were mixed, with nearbys up 20 cents to $2/ton and deferreds down 50...
Hogs End Thursday on a Mixed Note
BarchartThu Sep 19, 4:47PM CDT
Lean hog futures posted mixed action across the board on Thursday, with front month gains of 20 to 42 cents and deferreds down a dime to 25 cents. The national average base hog price was reported at $76.27 on Thursday afternoon, up $1.39 from the day prior. The CME Lean...
Cattle Rally on Thursday
BarchartThu Sep 19, 4:47PM CDT
Live cattle futures were up 35 cents to $1.67 across the board, led by the nearbys. Cash trade has yet to kick off this week. This morning’s Central Stockyards online Fed Cattle Exchange auction showed no sales on the 1,354 head listed, with bids of $178.5 to $181 and asks...
Hogs Squeezing Out Higher Trade on Thursday
BarchartThu Sep 19, 12:00PM CDT
Lean hog futures are posting slight 7 to 35 cent gains on Thursday. The national average base hog price was reported at $76.31 on Thursday morning, up $1.43 from the afternoon prior. The CME Lean Hog Index was $84.22 on September 17, unchanged from the day prior. Pork export sales...
Cotton Pushing Back Higher on Thursday
BarchartThu Sep 19, 12:00PM CDT
Cotton futures are trading with 180 to 213 point gains on Thursday. The dollar index is back up 133 points, with crude oil futures $1.42/barrel lower. Export Sales data showed cotton bookings at 106,801 RB in the week that ended on September 12. That was a 4-week low, but slightly...
Soybeans Showing Positive Trade at Thursday’s Midday
BarchartThu Sep 19, 12:00PM CDT
Soybean futures are posting 1 to 2 cent gains so far on Thursday with solid export bookings is this morning’s report. CmdtyView’s national front month Cash Bean price is up 1 ¼ cents at $9.54 3/4. Front month Soymeal futures are up $1.40/ton. Soy Oil futures are up 88 points...
Corn Heading Lower at Midday
BarchartThu Sep 19, 12:00PM CDT
Corn futures are showing losses of 4 to 5 ½ cents across the front months so far on Thursday. The front month national Cash Corn price from cmdtyView is down 5 ½ cents at at $3.73 per bu. This morning's Export Sales report indicated 847,350 MT in corn bookings during...
Wheat Falling After Weak Export Sales Data
BarchartThu Sep 19, 12:00PM CDT
The wheat complex is posting losses across the board on Thursday.Chicago SRW futures are down 8 to 9 cents so far on the day. KC HRW is posting 10 to 12 cent lower trade. MPLS spring wheat is showing 8 to 9 cent losses. Thursday morning’s Export Sales report showed...
Cattle Rallying on Thursday
BarchartThu Sep 19, 12:00PM CDT
Live cattle futures are up $1.40 to $1.50 across the front months. Cash trade has yet to kick off this week. This morning’s Central Stockyards online Fed Cattle Exchange auction showed no sales on the 1,354 head listed, with bids of $178.5 to $181 and asks of $183-184. Bids outside...
Soybeans Down on Thursday Morning
BarchartThu Sep 19, 7:24AM CDT
Soybean futures are trading with Thursday morning weakness of 2 to 3 cents. They fell to just slight midday gains on Wednesday, but bulls found some late session strength to close with 5 to 8 cent gains. CmdtyView’s national front month Cash Bean price was up 8 ¼ cents at...
Cotton Starts Thursday with a Rebound
BarchartThu Sep 19, 7:24AM CDT
Cotton prices are showing 46 to 48 point higher trade on Thursday morning. Futures posted Wednesday losses of 34 to 113 points at the close. The dollar index was back up 58 points by the close, with crude oil futures $1.08/barrel lower. The Fed released their rate cut this afternoon,...
Wheat Sliding into Thursday AM
BarchartThu Sep 19, 7:24AM CDT
Futures are starting off the Thursday session with 4 to 6 cent lower trade. The wheat complex saw steady to lower trade on the Wednesday session, backing off from the early morning strength. Chicago SRW futures were unchanged in most contract, with March down ¼ cent. KC HRW showed fractional...