Alan Brugler
Corn Slides on Friday to Pare Back Weekly Gains
Barchart1 hour ago
Corn futures closed out the Friday session with contracts down 2 to 4 ¾ cents across the board. Additional pressure came via a weaker wheat market and a stronger US dollar index. December was still up 6 ¾ cents, helped by the early week action. The national average Cash Corn...
Soybeans Close with Weaker Trade on Friday
Barchart1 hour ago
Soybeans settled with losses of 7 to 8 ½ cents across the board on the Friday session, as November slipped a total of 28 cents this week. CmdtyView’s national front month Cash Bean price was down 8 1/4 cents at $9.75 3/4. Soymeal was down 30 cents to $2.50/ton across...
Hogs Slip Lower on Friday
Barchart1 hour ago
Lean hog futures posted mostly lower trade on Friday, with contracts down 5 to 32 cents. December managed to post a $2.77 gain on the week. The national average base hog price was reported at $74.89 on Friday afternoon, which was up 90 cents from the previous day. The CME...
Cotton Posts Strength on Friday
Barchart1 hour ago
Cotton futures closed the Friday session with contracts up 22 to 54 points across the board. That helped December to close the week with a 55 point gain. Crude oil futures were up $0.83/barrel ahead of the weekend with the world waiting on Israel’s response to Iran’s ballistic missile attack...
Wheat Falls into Friday’s Close
Barchart1 hour ago
The wheat complex saw lower trade across all three exchanges on Friday, to close the week on a lower note. Chicago SRW futures were down 8 1/2 to 13 3/4 cents across the board, as December held onto a 9 ¾ cent weekly gain. KC HRW contracts were 11 to...
Cattle Rally into the Weekend
Barchart1 hour ago
Live cattle futures posted positive trade on Friday, with contracts up anywhere from 20 cents to $1. Cash trade kicked off on Friday, with some action at $186 reported in the South, up $1 on the week. Northern action was $296 in the beef up $2 from the previous week....
Hogs Lower on Friday
BarchartFri Oct 4, 12:01PM CDT
Lean hogs are sliding lower on Friday, contracts down 30 to 52 cents. The national average base hog price was not reported on Friday morning, with the 5-day rolling average at $77.21. The CME Lean Hog Index was reported at $84.90 on October 2, up 45 cents from the day...
Cattle Pushing Higher on Friday
BarchartFri Oct 4, 12:01PM CDT
Live cattle futures are getting some help from higher cash trade as October options expire today. Contracts are up a dime to 70 cents at midday. Cash trade has yet to fully kick off ye this week, with some light action at $186 reported in the South this morning. Feeder...
Cotton Higher on Friday Despite Stronger Dollar Influence
BarchartFri Oct 4, 12:01PM CDT
Cotton futures are showing 21 to 30 point gains on Friday. Crude oil futures are up $1.25/barrel on the day ahead of the weekend with the world waiting on Israel’s response to Iran’s ballistic missile attack from earlier in the week. That is adding some support, with the dollar index...
Corn Sliding into Weekend after Early Week Pop
BarchartFri Oct 4, 12:01PM CDT
Corn futures are falling on Friday, after bulls gained ground in the first half of the week. Contracts are down 3 to 4 cents in the nearbys at midday. Additional pressure is coming via a weaker wheat market and a stronger US dollar index. The national average Cash Corn price...
Soybeans Lower at Friday’s Midday
BarchartFri Oct 4, 12:01PM CDT
Soybeans are trading with midday losses of 5 to 6 cents so far on Friday. CmdtyView’s national front month Cash Bean price is down 5 3/4 cents at $9.77 1/4. Soymeal is down 80 cents to $2.20/ton across the nearby contracts. Soy Oil futures are down 48 points on the...
Wheat Extending Pullback on Friday
BarchartFri Oct 4, 12:01PM CDT
After a higher start to the week, wheat futures are fading off on the Friday session with losses across the three markets. Chicago SRW futures are down 14 to 15 cents across front months. KC HRW contracts are 13 to 14 cents lower on the day. MPLS spring wheat is...
Corn Heading Lower on Friday AM
BarchartFri Oct 4, 7:17AM CDT
Corn prices are starting off the Friday session with losses of 4 to 4 ½ cents. Futures took a break from this week’s rally, as contracts pulled back by 1 to 4 ¼ cents across the board, led by the nearbys. The national average Cash Corn price from cmdtyView was...
Soybeans Higher to Kick Off Friday Trade
BarchartFri Oct 4, 7:17AM CDT
Soybeans are trading with 2 to 3 cent gains on Friday morning. Bulls put on a midday push on Thursday but failed to hold the pop off the lows into the close, as contracts were down 6 ½ to 10 cents. CmdtyView’s national front month Cash Bean price was down...
Cotton Slightly Higher on Friday Morning
BarchartFri Oct 4, 7:17AM CDT
Cotton prices are up 7 to 14 points so far on Friday morning. Futures closed Thursday 36 to 67 points lower, following a second week of poor export sales data. The dollar index added some pressure, up 285 points. Crude oil futures were up $3.86/barrel on the day on escalating...