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Alan Brugler
Wheat Backing of on Thursday’s Midday
Barchart1 hour ago
The wheat market is trading with contracts in the red so far on Thursday. Chicago SRW futures are down 3 to 5 cents across the nearbys at midday. KC HRW contracts are down 5 to 7 cents in the front months so far on the Thursday session. MPLS spring wheat...
Cattle Pushing Rally into the New Year
Barchart1 hour ago
Live cattle futures are trading with $1.40 to $1.50 gains on Thursday’s midday. Cash trade has yet to kick off this week, with this morning’s Fed Cattle Exchange from Central Stockyards showing sales on 136 of the 1,140 head at $194 using the BidTheGrid™ method. Other bids were reported at...
Hogs Showing Midday Gains
Barchart1 hour ago
Lean hog futures are trading with 40 to 60 cent gains on Thursday’s midday. The national average base hog negotiated price was not reported on Thursday morning, with the 5-day rolling average at $79.59. The CME Lean Hog Index was reported at $84.27 on December 30, down 8 cents from...
Soybeans Rallying to Start the New Year
Barchart1 hour ago
The soybean market is kicking off 2025 with contracts extending strength, as futures are up 3 to 4 cents so far. There were 380 deliveries issued against January soybean futures on New Years Eve. CmdtyView’s national front month Cash Bean price is up 2 1/4 cents at $9.57. Soymeal futures...
Corn Extending Highs into 2025
Barchart1 hour ago
Corn futures are trading with fractional to as much as 3 cent gains on Thursday as the market kicks off trade in 2025. The national average Cash Corn price from cmdtyView is up 1 1/2 cents at $4.31. The delayed weekly EIA report showed a total of 1.111 million barrels...
Cotton Ticking Higher to Kick Off 2025
Barchart1 hour ago
Cotton futures are up 62 to 67 points at Thursday’s midday, with contracts rallying to start the new year. The outside factors are mixed on the day as the US dollar index is up 839 points, with crude oil $1.60/barrel higher. The Seam reported 7,129 bales of online sales on...
Cotton Starting Off 2025 with a Rally
BarchartThu Jan 2, 7:38AM CST
Cottonprices are kicking off 2025 with a bang, as contracts are up 85 to 100 points in early Thursday trade. Futures settled the Tuesday session with contracts 8 to 33 points lower to close out the year. The outside factors were mixed on the day as the US dollar index...
Wheat Traders Look to 2025
BarchartThu Jan 2, 7:38AM CST
The wheat market with open at 8:30 CST this morning. They closed Tuesday with gains across the three markets. Chicago SRW futures were up 2 ½ to 3 ½ cents across the board on Tuesday. KC HRW contracts also posted gains of 2 ½ to 3 ½ cents at the...
Soybeans Rally to Close 2024, Traders Look to Start New Year
BarchartThu Jan 2, 7:38AM CST
The soybean market will have a hard open at 8:30 am CST this morning. Soybeans were in rally mode to close out 2024, as contracts were up 14 1/2 to 19 1/4 cents on New Years Eve. There were 380 deliveries issued against January soybean futures on New Years Eve....
Hogs Look to Kick Off New Year
BarchartThu Jan 2, 7:38AM CST
Lean hog futures closed out the last session of 2024 with contracts down 22 to 72 cents. The national average base hog negotiated price was reported at $80.08 on Tuesday afternoon, up $1.27 from the day prior. The CME Lean Hog Index was reported at $84.35 on December 27, down...
Cattle Rallies at Year-End, Traders Look to Start 2025
BarchartThu Jan 2, 7:38AM CST
Live cattle futures rounded out the Tuesday session with contracts up 35 cents to $1.30 to close out 2024. Cash trade has yet to kick off this week, as last week’s sales were reported at $192-193 in the South, up $1-2, and $196-197 in the North, $1-2 higher. Feeder cattle...
Corn Looks to Kick off 2025 Trade
BarchartThu Jan 2, 7:38AM CST
The corn market will open at 8:30 am CST this morning. Corn futures rallied to close out 2024, as March neared the June high on the spot price. Contracts were up 3 ¾ to 6 ¼ cents on Tuesday. Preliminary open interest showed net new buying, up 13,688 contracts. The...
Wheat Pushes Higher on Tuesday
BarchartTue Dec 31, 2024
The wheat market is trading close to unchanged on Tuesday’s midday. Chicago SRW futures were up 2 ½ to 3 ½ cents across the board on Tuesday. KC HRW contracts also posted gains of 2 ½ to 3 ½ cents at the close. MPLS spring wheat futures saw steady trade...
Hogs Slip Lower on Tuesday
BarchartTue Dec 31, 2024
Lean hog futures closed out the last session of 2024 with contracts down 22 to 72 cents. The national average base hog negotiated price was reported at $80.08 on Tuesday afternoon, up $1.27 from the day prior. The CME Lean Hog Index was reported at $84.35 on December 27, down...
Corn Rallies to Close Out the Year
BarchartTue Dec 31, 2024
Corn futures rallied to close out the year, as March neared the June high on the spot price. Contracts were up 3 ¾ to 6 ¼ cents on Tuesday. The national average Cash Corn price from cmdtyView is up 2 1/2 cents at $4.26 3/4. The market will be closed...
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