Ticker
Brugler Corn Commentary
- Corn See Marginal Gains Ahead of USDA Data Release
- Corn price action was mixed on Thursday with most contracts steady to a couple cents higher and nearby, thin July down 5 ¼ cents. Traders were squaring up ahead of USDA’s report on Friday. The front month CmdtyView national average Cash Corn price was unchanged at $3.85 1/4. USDA reported...
- Corn Sticking Close to Unchanged at Midday
- Corn futures are down fractionally in the nearby contracts, with new crop December up ¼ cent. There were 37 delivery notices for July corn overnight, taking the total for the month to 362. The front month CmdtyView national average Cash Corn price was down 1/4 cent at $3.85 1/4. USDA...
- Corn Back to Weakness Early on Thursday
- Corn futures are showing fractional to 2 cent lower trade early on Thursday. Bulls showed up on Wednesday to defend the $4 level on September, but fell short by the close. Contracts were still 1 to 2 cents in the green at the close. Preliminary open interest dropped 21,279 contracts...
- Corn Holds Higher into the Wednesday Close
- Corn bulls showed up on Wednesday to defend the $4 level on September, but fell short by the close. Contracts were still 1 to 2 cents in the green at the close. The front month CmdtyView national average Cash Corn price was up 1 ½ cents at $3.85 1/2. Wednesday...
- Corn Trying to Put Together a Midweek Bounce
- Corn is trading with gains of 1 to 3 cents across the front months at Wednesday’s midday in an attempt by September to claw its way back above $4. The front month CmdtyView national average Cash Corn price is up 2 ½ cents at $3.86. Wednesday morning’s weekly EIA report...
Brugler Wheat Commentary
- Winter Wheat Contracts Post Double Digit Gains
- The wheat complex posted mostly higher trade on Thursday, with some spring wheat months an exception. Chicago SRW wheat was 7 to 9 cents higher on the Thursday session. KC HRW contracts were up 8 to 11 cents across most months at the close. MPLS spring wheat saw mixed trade...
- Wheat Showing Thursday Strength
- The wheat complex is showing gains across the three markets on Thursday. Chicago SRW wheat us up 6 to 8 cents so far at midday. KC HRW contracts a showing gains of 7 ¾ cents in the September contract. July KC wheat had another 16 delivery notices overnight. MPLS spring...
- Wheat Bulls Pushing Higher on Thursday
- Wheat is holding its own on Thursday morning, up across all three markets. The wheat complex ended Wednesday on a mixed note, as the hard red contracts were busy posting slight strength. Chicago SRW wheat was fractionally lower to close out the session. KC HRW contracts posted slight 1 to...
- Wheat Posts Mixed Trade on Wednesday
- The wheat complex ended Wednesday on a mixed note, as the hard red contracts were busy posting slight strength. Chicago SRW wheat was fractionally lower to close out the session. KC HRW contracts posted slight 1 to 2 cent gains at the close. MPLS spring wheat was up 1 to...
- Wheat Trying to Push Higher on Wednesday
- The wheat complex is posting slight strength on Wednesday. Chicago SRW wheat is up 1 to 2 cents. KC HRW contracts are showing fractional gains at midday. There were 4 deliveries issued for July KC wheat this morning. MPLS spring wheat is up 2 to 4 cents on Wednesday. President...
Inside Futures Commentary
Brugler Soybean Commentary
- Soybeans Close with Strength, as Products Provide Support
- Soybeans saw Thursday gains of as little as ¼ cent to 7 cents in some new crop months. The cmdtyView national average Cash Bean price was up 3 1/2 cents at $9.72. Soymeal futures were up $2.10 to $2.50/ton, as Soy Oil was 23 points higher. Weekly Export Sales data...
- Soybeans Back to Mixed Trade on Thursday
- Soybeans are showing mixed action on Thursday, with nearbys lower and new crop up 2 ¾ cents. There were 308 deliveries against July soybeans overnight. The cmdtyView national average Cash Bean price was down 1 ¾ cents at $9.67 ¾. Soymeal futures are up $1.50/ton, as Soy Oil is 4...
- Soybeans Losses Extending to Thursday
- Soybeans are trading with 1 to 7 cent losses on Thursday morning, with the nearbys feeling the brunt of the pressure. Futures slipped even further into the Wednesday close, as most contracts were down 10 to 12 cents at the final bell. Preliminary open interest suggested net new selling, up...
- Soybeans Pressured to Close with Double Digit Losses on Wednesday
- Soybeans slipped even further into the Wednesday close, as most contracts were down 10 to 12 cents at the final bell. The cmdtyView national average Cash Bean price was down 12 1/2 cents at $9.68 ½. Soymeal futures were down a dime to $1.40/ton, as Soy Oil was 45 to...
- Soybeans Still Feeling Pressure on Wednesday
- Soybeans are posting 5 to 8 cent losses across the nearby contracts on Wednesday. The cmdtyView national average Cash Bean price is down 8 cents at $9.73. Soymeal futures were down $1.20/ton, as Soy Oil is 56 to 73 points. Another 139 deliveries were issued against July meal futures overnight,...
News Headlines
Soybeans Close with Strength, as Products Provide Support
Soybeans saw Thursday gains of as little as ¼ cent to 7 cents in some new crop months. The cmdtyView national average Cash Bean price was up 3 1/2 cents at $9.72. Soymeal futures were up $2.10 to $2.50/ton, as Soy Oil was 23 points higher. Weekly Export Sales data...
Corn See Marginal Gains Ahead of USDA Data Release
Corn price action was mixed on Thursday with most contracts steady to a couple cents higher and nearby, thin July down 5 ¼ cents. Traders were squaring up ahead of USDA’s report on Friday. The front month CmdtyView national average Cash Corn price was unchanged at $3.85 1/4. USDA reported...
Winter Wheat Contracts Post Double Digit Gains
The wheat complex posted mostly higher trade on Thursday, with some spring wheat months an exception. Chicago SRW wheat was 7 to 9 cents higher on the Thursday session. KC HRW contracts were up 8 to 11 cents across most months at the close. MPLS spring wheat saw mixed trade...
Live cattle mixed ahead of widespread direct business
At the Chicago Mercantile Exchange, live cattle were mixed, feeders were up waiting on direct business to develop. August live cattle closed $.55 lower at $219.22 and October live cattle closed $.27 lower at $217.07. August feeder cattle closed $.80 higher at $321.27 and September feeder cattle closed $1.20 higher...
MSU research digs into behavioral changes to build ag resiliency
An ag economist is working to build decision tools for specialty crop growers to navigate through extreme climate events. Tor Tolhurst with Michigan State University studies how rare events can shape behavior and impact the economy. “What happens in one place can have broad effects into all of these other...
