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Alan Brugler Headlines
Corn Bears Remain in Control on Tuesday
Corn futures are down 3 to 5 cents across most contracts at midday. The CmdtyView national average new crop Cash Corn price was down 4 1/4 cents at $3.66 1/2. Crop Progress data indicated 76% of the US corn crop was silking as of 7/27, 1 point back of the...
Cattle Continuing Rally on Tuesday
Live cattle futures are 80 cents to $1.05 higher on Tuesday. Cash activity settled in at $230-232 in the South last week, with $240-245 in the North. Feeder cattle futures are posting another round of strength after early weakness, up $1.45 to $1.90 at midday. The CME Feeder Cattle Index...
Soybeans Falling on Tuesday
Soybeans are extending the losses to Tuesday’s midday, with contracts 6 to 11 ½ cents lower. The cmdtyView national average new crop Cash Bean price is down 6 1/2 cents at $9.52 1/2. Soymeal futures are continuing with weakness, with contracts down $3.10 to $3.20. Soy Oil is 17 to...
Wheat Continuing Slide on Tuesday
Wheat is showing losses across most contracts on Tuesday as the dollar index is continuing its rebound. Chicago SRW futures are 9 to 10 cents in the red at midday. KC contracts are down 6 to 7 cents so far at midday. MPLS spring wheat is continuing weakness into Tuesday,...
Cotton Falling on Tuesday Trade
Cotton futures are down 38 to 63 points in the nearby contracts so far on Tuesday’s midday. Crude oil futures are $1.00/barrel higher. The US dollar index is continuing the rally, up $0.340 to $98.735. Weekly Crop Progress data indicated 80% of the US cotton crop was squaring as of...
Hogs Under Pressure at Midday, with Cash Weakness
Lean hog futures are down $1.07 to $2.35 so far on Tuesday. USDA’s national base hog price had a weighted average of $105.54 in the Tuesday AM report, down $3.48 from the previous report. The CME Lean Hog Index was up 2 cents at $110.30 on July 25. USDA’s Tuesday...

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