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Alan Brugler Headlines
Wheat Facing Weakness on Black Sea Pressure
The wheat complex is falling lower at Tuesday’s midday, with contracts down double digits in some cases. Chicago SRW futures are down 6 to 7 cents in the front months. Kansas City HRW contracts are 9 to 10 cents in the red so far on the day. MPLS spring wheat...
Corn Posting Tuesday Weakness
Corn futures are trading with Tuesday losses of 3 to 7 cents across the front months at the midday part of the session. The CmdtyView national average Cash Corn price is down 6 1/4 cents at $4.23. A Bloomberg survey of analysts shows corn acreage estimated at 94.4 MMT ahead...
Hogs Posting Turnaround Tuesday Bounce
Lean hog futures are back up 70 to 90 cents in the nearby contracts so far on Tuesday. The USDA national average base hog negotiated price was reported at 88.23 on Tuesday morning, up 20 cents from the day prior. The CME Lean Hog Index for March 21 was down...
Cattle Weakness Continues into Tuesday
Live cattle futures are falling lower on Tuesday, with contracts down 45 cents to $1 at midday The cash market has been quiet to start the week. Last week’s cash movement was up $7-8 to $210 in the South and $212-216 in the North. Feeder cattle futures are mostly lower,...
Soybeans Pressured Lower on Tuesday
The soybean market is posting 2 to 7 cent losses at Tuesday’ midday. CmdtyView’s national front month Cash Bean price is down 7 cent at $9.4 1/4. Soymeal futures are down $2.70/ton in the front months, with Soy Oil futures 4 points higher on the day. Heading into the Prospective...
Cotton Back to Weakness at Tuesday’s Midday
Cotton futures are showing 21 to 35 point losses so far at Tuesday’s midday. The outside factors are again mixed, with crude oil futures down 24 cents/barrel and the US dollar index $0.176 lower so far on the day. Analysts surveyed by Bloomberg estimate next Monday’s Prospective Planting report to...

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