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Alan Brugler
Cotton Comes Back to Close with Friday Gains
BarchartFri Dec 20, 3:47PM CST
Cotton futures closed out Friday with contracts 11 to 18 points higher, as March cotton was down 121 points this week. The outside markets are positive factors on Friday, with the US dollar index back down 592 points and crude oil back up 13 cents/barrel. Cotton Ginnings data was updated...
Wheat Manages to Close Mixed on Friday
BarchartFri Dec 20, 3:47PM CST
The wheat market went into the weekend on a mixed note, as the soft red contracts failed to push higher. Chicago SRW futures were steady to down 1 ½ cents across the board on the day, as March was down 19 ¼ cents this week. KC HRW contracts were fractionally...
Cattle Corrects Higher as CoF Data Comes in Neutral
BarchartFri Dec 20, 3:47PM CST
Live cattle futures posted Friday gains of 62 cents to $1.85, as Feb was down $3.625 on the week. A few cattle have exchanged hands this week at $195-195.50 in the North, steady from last week, with light Southern action at $191. Feeder cattle futures were back up $1.07 to...
Hogs Rally on Friday with Fresh Hogs & Pigs Data Due Monday
BarchartFri Dec 20, 3:47PM CST
Lean hog futures closed out the Friday session with contracts anywhere from 75 cents to $2.30 higher. Feb hogs managed to squeeze out a nickel gain this week. The national average base hog negotiated price was reported at $76.95 on Friday afternoon, down $2.50 from the day prior. The CME...
Corn Rallies on Friday
BarchartFri Dec 20, 3:47PM CST
Corn futures closed out the Friday session on a high note, as futures rallied o close out the week. Contracts were up anywhere from a penny to 5 ½ cents. March finished the week with a 4 ¼ cent gain. The national average Cash Corn price from cmdtyView was up...
Soybeans Push Higher as Meal Rallies on Argentine Dryness Concerns
BarchartFri Dec 20, 3:47PM CST
The soybean market took back most of the midweek losses on Thursday and Friday, with the latter session closing up 7 to 13 cents. January was still down 13 ¾ cents on the week. CmdtyView’s national front month Cash Bean price was up 11 1/4 cents at $9.24 ¾. Soymeal...
Wheat Getting Pulled Higher at Midday
BarchartFri Dec 20, 11:57AM CST
Wheat futures are trading with slight gains at Friday’s midday. Chicago SRW futures are up 11 to 2 cents in most contracts so far on the day. KC HRW contracts are 2 to 3 cents back higher at midday. MPLS spring wheat futures are back up 3 to 4 cents...
Corn Closing Back in on Fall Highs
BarchartFri Dec 20, 11:57AM CST
Corn futures are getting a rally into the Pre-Christmas weekend, wth contracts up 5 to 6 cents in the front months. March is just over a nickel off the October high of $4.52 ¼. The national average Cash Corn price from cmdtyView is up 5 3/4 cents at $4.17 1/4....
Hogs Rallying on Friday
BarchartFri Dec 20, 11:57AM CST
Lean hog futures are trading with $1.20 to $1.65 nearby gains so far on Friday. The national average base hog negotiated price was not reported on Friday morning due to light volume, with the 5-day rolling average at $79.61. The CME Lean Hog Index was reported at $84.21 on December...
Cattle Bulls Pushing Back Ahead of CoF Release
BarchartFri Dec 20, 11:57AM CST
Live cattle futures are posting Friday midday gains of 85 cents to $1.20. A few cattle have exchanged hands this week at $195-195.50 in the North, steady from last week. Southern bids have been $191 so far. There were no sales reported on Friday’s Central Stockyard Fed Cattle Exchange, with...
Soybeans Rallying Back Ahead of the Weekend
BarchartFri Dec 20, 11:57AM CST
The soybean market is gaining back some upward momentum after a technical break lower earlier in the week. Contracts are up 11 to 13 cents at midday. CmdtyView’s national front month Cash Bean price is up 11 1/4 cents at $9.24. Soymeal futures are up $10.60/ton. Soy Oil futures are...
Cotton Posting Marginal Friday Losses
BarchartFri Dec 20, 11:57AM CST
Cotton futures are trading with 6 to 10 point losses so far on Friday. The outside markets are positive factors on Friday, with the US dollar index back down 767 points and crude oil back up 27 cents/barrel. Export Sales data took total cotton shipments to 2.411 million RB, down...
Soybean Bounce Continues into Friday Morning
BarchartFri Dec 20, 7:42AM CST
The soybean market is trading with 8 to 9 cent gains on early on Friday trade. Soybeans recouped some of the losses from Wednesday, as contracts closed with gains of anywhere from 4 ¾ to 13 ½ cents across the board, led by the nearbys. Preliminary open interest was down...
Cotton Mixed to Kick off Friday
BarchartFri Dec 20, 7:42AM CST
Cotton price action has contracts mixed on Friday morning, within 7 points of unch. Futures ended the Thursday trade session with contracts 10 to 32 points lower at the close. The outside markets were negative factors, with the US dollar index up another 401 points and crude oil back down...
Corn Extending Bounce on Friday AM Trade
BarchartFri Dec 20, 7:42AM CST
Corn futures are trading with contracts up 3 to 4 cents on Friday morning. The corn market took back most of the losses from Wednesday, with contracts closing steady 3 ½ cents higher on Thursday. Preliminary open interest was up 5,002 contracts. The national average Cash Corn price from cmdtyView...
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