Alan Brugler
Cotton Settles Lower on Thursday
BarchartThu Oct 17, 5:10PM CDT
Cotton futures were down 22 to 50 points across most contracts on Thursday. The outside markets are a pressure factor, with crude oil down $0.35/barrel and the US dollar index 190 points higher. The Seam reported 2,657 bales of online sales on October 16 at an average price of 69.08...
Wheat Posts Strength on Thursday
BarchartThu Oct 17, 5:10PM CDT
The wheat complex posted gains across the three exchanges on Thursday. Chicago SRW futures were 4 to 4 ½ cents higher on the day. KC HRW contracts were up 4 ¼ to 7 1/4 cents on the session. MPLS spring wheat rallied 4 ¼ to 8 cents higher into the...
Hogs Mixed at the Close
BarchartThu Oct 17, 5:10PM CDT
Lean hog futures were mixed with contracts 45 cents higher to 35 cents lower. The national average base hog price was reported at $76.15 on Thursday afternoon, down $1.28 from the previous day. The CME Lean Hog Index was reported at $83.85 on October 15, down 23 cents from the...
Cattle Closes Mixed on Thursday
BarchartThu Oct 17, 5:10PM CDT
Live cattle futures were mixed again on the Thursday session contracts anywhere from 50 cents lower to 22 cents higher. The 6 deliveries against October from Wednesday were retendered on Thursday. The Thursday morning Central Stockyards online Fed Cattle Exchange auction showed no sales on the 2,720 head listed for...
Soybeans Pull Out Gains on Thursday
BarchartThu Oct 17, 5:10PM CDT
Soybeans faced early weakness on Thursday, but bulls fought back to close the day with contracts up 1 ¾ to 8 ¾ cents as Nov was narrowing some spreads. CmdtyView’s national front month Cash Bean price was up 9 1/2 cents at $9.30. Soymeal futures were mixed, with front months...
Corn Comes Back into Thursday’s Close
BarchartThu Oct 17, 5:10PM CDT
Corn futures closed out the Thursday session with contracts puling off the early low and closing steady to 2 cents higher in the nearbys. Other contracts were fractionally to a penny lower. The national average Cash Corn price from cmdtyView was up 2 1/4 cents at $3.75 3/4 per bu....
Cattle Mixed on Thursday
BarchartThu Oct 17, 12:11PM CDT
Live cattle futures are mixed again on the Thursday session with front months down 20 to 25 cents and other contracts higher. There were another 6 deliveries against October, this time to Burwell, NE on Wednesday. The Thursday morning Central Stockyards online Fed Cattle Exchange auction showed no sales on...
Corn Back to Unchanged on Thursday
BarchartThu Oct 17, 12:11PM CDT
Corn futures are trading with fractionally mixed action on Thursday. The national average Cash Corn price from cmdtyView is up ½ cent at $3.73 per bu. The average close for December corn futures so far in October, which indicates the fall crop insurance price, is $4.19. That is 47 cents...
Cotton Pulled Lower on Thursday
BarchartThu Oct 17, 12:11PM CDT
Cotton futures are down 10 to 20 points across most contracts on Thursday. The outside markets are a pressure factor, with crude oil down $0.13/barrel and the US dollar index 225 points higher. The Seam reported 2,657 bales of online sales on October 16 at an average price of 69.08...
Soybean Off the Lows at Midday
BarchartThu Oct 17, 12:11PM CDT
Soybeans are off the lows on Thursday, with contracts down 1 to 3 ½ cents. CmdtyView’s national front month Cash Bean price was down 10 cents at $9.21 1/2. Soymeal futures are $3.40/ton higher on the day. Soy Oil contracts are up 52 points on the session. The average close...
Hogs Mixed at Midday
BarchartThu Oct 17, 12:11PM CDT
Lean hog futures are mixed, with front months 12 to 30 cents higher and April down 7 cents on Thursday. The national average base hog price was reported at $75.71 on Thursday morning, down $2.41 from the previous day. The CME Lean Hog Index was reported at $83.85 on October...
Wheat Bulls Pushing Back on Thursday
BarchartThu Oct 17, 12:11PM CDT
The wheat complex is trading higher across the three exchanges on Thursday. Chicago SRW futures are 3 to 4 cents so far on the day. KC HRW contracts are 3 to 4 cents higher on the session. MPLS spring wheat is trading with 5 to 6 cent higher action. Export...
Cattle Look to Thursday Trade
BarchartThu Oct 17, 7:25AM CDT
Live cattle futures were mixed on the midweek session with front months up 7 to 32 cents and other contracts down 42 to 82 cents. There were another 6 deliveries against October, this time to Burwell, NE on Wednesday. The Wednesday morning Central Stockyards online Fed Cattle Exchange auction showed...
Hogs Push Higher on Wednesday
BarchartThu Oct 17, 7:25AM CDT
Lean hog futures were anywhere from a dime to $2.47 higher across the board on Wednesday. The national average base hog price was reported at $77.43 on Wednesday afternoon, up 63 cents from the previous day. The CME Lean Hog Index was reported at $84.08 on October 14, down 8...
Corn Giving Back Wednesday Gains on Thursday AM Trade
BarchartThu Oct 17, 7:25AM CDT
Corn prices are trading with 2 to 3 cent losses so far on Thursday morning. Futures closed out the Wednesday session with contracts fractionally to 3 ½ cents higher. The national average Cash Corn price from cmdtyView was back up 3 3/4 cents at $3.73 1/2 per bu. The average...