General News Headlines
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Alan Brugler Headlines
- Hogs Look to Close Out Week
- Lean hog futures closed out the Wednesday session mixed, with contracts up 52 cents to slightly lower. Preliminary open interest was down 9,113 contracts. USDA’s daily direct hog report showed the negotiated hog price at $113.12 on Thursday afternoon, down $0.95 from the day prior. The CME Lean Hog Index...
- Cotton Leaking on Friday Morning
- Cotton price action is down 10 to 65 points across most contracts on Friday morning. Futures were down 21 to 88 points across most contracts on Wednesday. WTI crude oil is down $2.30/barrel this morning to $73.34/barrel. The US dollar index is down $0.223 to $98.245. The Seam reported 1,610...
- Cattle Traders Look to Square Up Following Holiday, Ahead of USDA Data
- Traders are looking to get into position ahead of the Cattle on Feed report later this afternoon. Futures posted 67 cent to $1.05 gains on Wednesday, followed by a holiday break. Cash trade has pulled back this week with $236 reported in the north, down $4-6 and $231 in the...
- Soybeans Soften Late to Close with Fractional Gains
- The soybean market is trading with 3 to 5 cent gains early on Friday, with strength out of the Juneteenth holiday break. Soybeans closed the Wednesday session with contracts fractionally higher. Preliminary open interest was up 6,070 contracts, as July was down 9,391 contracts, and November was up 11,509. The...
- Wheat Resumes from Holiday Break with Slight Losses
- Wheat is slipping back early on Friday morning, as the market resumes trade from the Thursday break. The wheat market was rallying across the three markets on Wednesday, as shorts were busy covering their large position. Chicago SRW futures were 25 to 26 cents higher in the front months. Preliminary...
- Corn Extending Gains on Friday Morning
- Corn is trading with contracts 1 to 3 cents higher so far early on Friday. Futures posted gains across most contracts on Wednesday with contracts 2 to 6 cents higher, as nearby July was up 2 cents. Preliminary open interest dropped 10,155 contracts, with July down 34,737 and September up...
USDA Reports