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Alan Brugler Headlines
Corn Pulling Back Following Strength Last Week
Corn futures are showing a slight pullback to start the Monday trade, with 1 to 2 cent losses. A yield cut from the USDA earlier on Friday helped futures to close the day with fractional to 3 ¾ cent gains. December managed a 16 ½ cent jump last week. The...
Hogs Switch Focus to Monday, as Specs Improve Record Net Long
Lean Hog futures settled Friday with contracts down 47 to 77 cents in the nearbys, but up 7 to 42 cents in most others. December fell $3.65 on the week. The national average base hog negotiated price was reported at $81.67 on Friday afternoon, a drop of $3.36 from the...
Wheat Selling Resuming on Monday Morning
Wheat futures are falling across the three markets, with double digit losses in the winter wheats. The market was mixed across the three exchanges on Friday with the soft wheat contracts holding up and the hard wheats the weakspot. Chicago SRW futures were mixed, with contracts anywhere form a penny...
Cattle Look to New Week After Friday Collapse
Live cattle futures fell 80 cents to $2.125 on Friday, as the Boxed Beef values continue to slip lower. December was down $2.22 on the week. Cash trade last week settled in with Northern sales of $186-188 and Southern action at $187. Last morning’s Central Stockyards Fed Cattle Exchange showed...
Cotton Falling on Monday Morning
Cotton prices are kicking off Monday trade with losses of 57 to 65 points, as crude oil is falling and the dollar index is rallying. Futures rounded out the week with Friday losses of 7 to 19 points, with bearish USDA data and outside market factors. December managed to close...
Soybean Gains Extending into Monday
Soybeans are pushing higher on Monday morning, with gains of 5 to 9 cents. Futures faded the initial gains post USDA report release on Friday morning, but bulls managed to close the day with contracts up 1 ¼ to 6 cents across most contracts on Friday. January closed out the...

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