General News Headlines
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Alan Brugler Headlines
- Wheat Sneaking Lower on Wednesday AM Trade
- Wheat is slipping back across the three exchanges this morning, with slight losses. The wheat complex weakness leaked into the Tuesday trade, closing mostly lower across the three markets. Chicago SRW wheat was fractionally lower in most contracts. Preliminary open interest was up 7,556 contracts on Tuesday. KC HRW contracts...
- Cotton Bulls Taking Some Back on Wednesday Morning
- Cotton price action is up 22 to 50 points on Wednesday morning, as July expires today. Futures fell another 50 to 75 points lower on Tuesday. Crude oil was up another 32 cents/barrel at $68.25, with the US dollar index $0.014 higher to $97.155. Weekly Crop Progress data showed the...
- Cattle Look to Wednesday Following Early Week Rally
- Live cattle futures were $3.20 to $4.07 higher on Tuesday. Cash trade saw very light $225 Southern action reported on Tuesday, with last week’s sales of $230-232 in the North and $222-225 in the South. Feeder cattle futures continued the week’s rally, with gains of another $5 to $5.90. Preliminary...
- Soybeans Weaker to Start Midweek Trade
- Soybeans are trading with losses of 3 to 4 cents early on Wednesday. Futures posted 3 to 10 ¼ cent losses across most contracts on Tuesday. Preliminary open interest dropped 2,226 contracts on Tuesday. The cmdtyView national average Cash Bean price was down 8 3/4 cents at $9.81. Soymeal futures...
- Hogs Look to Wednesday Trade
- Lean hog futures posted mixed Tuesday trade of 32 cents lower to a dime higher in the front months. USDA’s national base hog price was reported at $112.02 on Tuesday. The CME Lean Hog Index was down $1.18 at $108.33 on July 3. USDA’s Tuesday afternoon FOB plant pork cutout...
- Corn Slide Continuing on Wednesday Morning
- Corn prices are down fractionally to 2 cents early on Wednesday. Futures closed the Tuesday session with contracts down 5 to 7 cents, as September fell below the $4 mark. Preliminary open interest was down 2,349 contracts on Tuesday. There were 36 deliveries against July corn futures overnight. The front...
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