Brugler Commentary

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Brugler Commentary
AgriCharts Market Commentary -

Corn futures settled mostly 3 to 4 cents higher.  Gross corn use of ethanol by the plants last week (before DDG and corn oil netback) was

Cattle -

Cattle futures are trading 20 to 40 cents lower this morning.  Wholesale prices set another new record high for Choice at $211.37 today.

Cotton -

Cotton futures dropped another 74 to 164 points today. Global stock markets were nearly all lower overnight, with Japan taking a particularly large

Wheat -

Wheat futures settled higher at all three exchanges. USDA was expected to show net US weekly export sales of 400-700,000 MT for last week. USDA put

Lean Hogs -

Hogs settled modestly lower following triple digit gains on Wednesday. The pork carcass cutout value is was 6 cents lower than the prior day, with

Soybeans -

Soybean futures rallied sharply, and then sold off just as sharply. One of our tried and true market rules is that “Carries are finite,

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