Alan Brugler
Soybeans Post Double Digit Gains on Tuesday
BarchartTue Oct 22, 5:08PM CDT
Soybeans pushed 10 to 12 cents higher across most contracts on Tuesday. CmdtyView’s national front month Cash Bean price was up 11 ¼ cents at $9.35. Soymeal futures were down 20 to 70 cents/ton at the close. Soy Oil contracts were 102 to 130 points higher across the board on...
Hogs Push Higher on Tuesday
BarchartTue Oct 22, 5:08PM CDT
Lean hog futures posted gains of a tick to 85 cent gains on Tuesday. The national average base hog price was reported at $77.11 on Tuesday afternoon, up $1.89 from the previous day. The CME Lean Hog Index was reported at $84.23 on October 18, up 27 cents from the...
Cattle Post Tuesday Rally
BarchartTue Oct 22, 5:08PM CDT
Live cattle futures were up 70 cents to $1.30 at the close. There were 6 new deliveries on Tuesday for October cattle to the West Point, NE location, with 10 scheduled for 10/23. Last week there were Southern cash sales of $188 and Northern sales of $188 live and $296...
Corn Rally Continued on Tuesday Following More Export Business
BarchartTue Oct 22, 5:08PM CDT
Corn futures closed out the Tuesday session with more strength, as contracts were up 3 to 7 cents across the board. The national average Cash Corn price from cmdtyView was up just 4 ¾ cents at $3.83 per bu. The average close for December corn futures so far in October...
Cotton Closes Mixed on Tuesday
BarchartTue Oct 22, 5:08PM CDT
Cotton futures closed out the Tuesday session with contract anywhere from 12 points lower in the nearbys to up 11 points in the deferreds. The outside markets are mostly supportive, with crude oil up $1.85/barrel and the US dollar index just 16 points higher. Crop Progress data showed the US...
Wheat Sneaks Out Gains on Tuesday
BarchartTue Oct 22, 5:08PM CDT
The wheat complex shrugged off overnight weakness, as all three markets closed the session higher. Chicago SRW futures were up 3 to 4 cents on the day. KC HRW contracts were 3 1/4 to 4 3/4 cents higher on the session. MPLS spring wheat was up 2 to 3 3/4...
Cotton Slipping Despite Outside Support
BarchartTue Oct 22, 12:02PM CDT
Cotton futures are trading with 4 to 6 point losses so far on Tuesday. The outside markets are mostly supportive, with crude oil up $1.85/barrel and the US dollar index just 16 points higher. Crop Progress data showed the US cotton crop with 94% setting bolls, 3% ahead of the...
Hogs Pushing Higher at Midday
BarchartTue Oct 22, 12:02PM CDT
Lean hog futures are posting 20 to 82 cent gains so far on Tuesday. The national average base hog price was reported at $75.18 on Tuesday morning, up 61 cents from the previous day. The CME Lean Hog Index was reported at $84.23 on October 18, up 27 cents from...
Cattle Rallying on Tuesday
BarchartTue Oct 22, 12:02PM CDT
Live cattle futures are trading with midday gains of 85 cents to $1.10. There were no new deliveries on Monday for October cattle. Last week there were Southern cash sales of $188 and Northern sales of $188 live and $296 in the beef. Early week action so far has been...
Soybeans Revert Higher on Tuesday
BarchartTue Oct 22, 12:02PM CDT
Soybeans are posting a Tuesday rally of 10 to 13 cents across the front months at midday. Preliminary open interest showed net new buying across most contracts, up 13,560 contracts cross all but the November contract, which was an exodus of 23,780 contracts. CmdtyView’s national front month Cash Bean price...
Corn Extending Gains into Tuesday’s Midday
BarchartTue Oct 22, 12:02PM CDT
Corn futures are showing 4 to 5 ½ cent gains across most contracts on Tuesday, with December leading the way. Preliminary open interest showed net new buying, up 20,956 contracts, with most of that in the March contract (13,944). The national average Cash Corn price from cmdtyView is up 5...
Wheat Sneaking Higher on Tuesday
BarchartTue Oct 22, 12:02PM CDT
The wheat complex is shrugging off the overnight weakness, with contracts posting midday gains. Chicago SRW futures are up 4 to 5 cents on the day. KC HRW contracts are 4 to 6 cents higher on the session. MPLS spring wheat is up 2 to 4 cents so far on...
Soybeans Slipping on Tuesday Morning
BarchartTue Oct 22, 7:29AM CDT
Soybeans are showing losses of 1 to 2 cents so far on Tuesday. They settled the Monday session with contracts up 2 ½ to 11 cents, led by the nearbys. Preliminary open interest showed net new buying across most contracts, up 13,560 contracts cross all but the November contract, which...
Cotton Hovering Near Unchanged on Tuesday Morning
BarchartTue Oct 22, 7:29AM CDT
Cotton prices are withing a few points of unchanged on Tuesday AM trade, as contracts are up 3 to down 2 .Futures closed out the Monday session with contracts up 28 to 121 points. The outside markets are mixed, with crude oil back up $1.26/barrel and the US dollar index...
Wheat Weakness Continues on Tuesday Morning
BarchartTue Oct 22, 7:29AM CDT
Wheat futures are showing 4 to 5 cent losses across the three markets on Tuesday morning. The wheat complex fell back from their intraday highs on Monday to close mixed. Chicago SRW futures were fractionally mixed on the day. KC HRW contracts were fractionally to 1 3/4 cents higher on...