General News Headlines
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Alan Brugler Headlines
- Hogs Close Mixed on Wednesday, as Cash Strength Continues
- Lean hog futures were mixed on Wednesday, with contracts up 52 cents to slightly lower. USDA’s daily direct hog report showed the negotiated hog price at $114.07 on Wednesday afternoon, up $4.83 from the day prior. The CME Lean Hog Index was up $1.25 on June 16, at $104.95 The...
- Wheat Rallies Double Digits, as Shorts Cover
- The wheat market was rallying across the three markets on Wednesday, as shorts were busy their large position. Chicago SRW futures were 25 to 26 cents higher in the front months. Kansas City HRW contracts posted 23 to 24 cent gains. Minneapolis spring wheat futures were 15 to 18 cents...
- Cotton Falls Lower on Wednesday
- Cotton futures were down 21 to 88 points across most contracts on Wednesday. Crude oil was up 25 cents to $75.09/barrel, as price action was a little quieter. The US dollar index was back down $0.061 to $98.455. The markets will be closed on Thursday in observance of Juneteenth, with...
- Soybeans Soften Late to Close with Fractional Gains
- Soybeans closed the Wednesday session with contracts fractionally higher. The cmdtyView Cash Bean price is up 1/2 cents to $10.26 1/2. Soymeal futures were down 10 to 30 cents/ton. Soy Oil was down 2 to 11 points higher on Wednesday. The next week showed forecast precipitation from NE, through IA,...
- Cattle Rebounds, But Cash Pulls Back
- Live cattle futures posted 67 cent to $1.05 gains on Wednesday. The Wednesday morning Fed Cattle Exchange online auction from Central Stockyards saw no trade with bids down at $223-225. Outside of that, trade was reported at $236 in the north, down $4-6. Feeder cattle futures posted slight Wednesday strength,...
- Corn Pushes Higher ahead of the Holiday on Spillover Support
- Corn futures posted gains across most contracts on Wednesday with contracts 2 to 6 cents higher, as nearby July was up 2 cents. The front month CmdtyView national average Cash Corn price was up 1/4 cents at $4.08. The weekly EIA report showed ethanol production dropping back by 11,000 barrels...
USDA Reports