| Carmen Office 580-987-2234 | Carmen Station 580-987-2317 | Aline Office 580-463-2544 | Cherokee Office 580-596-3388 |
| Cherokee Station 580-596-2439 | Ames 580-753-4212 | Ames Station 580-753-4220 | Drummond 580-493-2212 |
| Carmen Office 580-987-2234 | Carmen Station 580-987-2317 |
| Aline Office 580-463-2544 | Cherokee Office 580-596-3388 |
| Cherokee Station 580-596-2439 | Ames 580-753-4212 |
| Ames Station 580-753-4220 | Drummond 580-493-2212 |
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Brugler Commentary
- Corn Closes at Limit Losses
- Domestic corn futures ended the Thursday session with limit losses of 40 cents through September of 2022. At the close, synthetic July futures were worth $6.30 1/2 using the 630 options strike. For Dec, the synthetic price was $5.31/bu. A bearish whirlwind of a stronger dollar, rainier weather forecasts, slow...
- Cattle Weaker By Triple Digits
- At the close, front month fat cattle futures were $2.72 to $3.82 lower. June fats were in the black earlier, converging with cash, though ended the session $2.20 in the red. USDA confirmed additional Wednesday cash sales from $121-$124. NE cattle went $124 live and $193-$196 dressed, while Southern deals...
- Beans Close Down by More than a Buck
- The soy complex utilized the expanded limits for beans and oil on Thursday. Soybeans closed $0.83 3/4 to $1.18 3/4 cents weaker. Soymeal futures ended the session $15.90 to $17.70 weaker. Soybean oil led the decline, utilizing all 550 points of the expanded limits. With that, the soy complex will...
- Wheat Closes Harshly Lower
- Wheat futures were down double digits on Thursday taking part in the broad commodity sell off. CBT futures were 21 3/4 to 23 3/4 cents lower at the close. KC HRW futures ended the session with losses of 22 1/4 to 25 1/2 cents. The spot HRW to corn ratio...
- Hogs Fall the Expanded Limit
- At the close, lean hog futures were $1.77 to $4.50 weaker, with expanded limit losses for July and August contracts. Futures will maintain their $4.50 expanded limits for Friday’s trading. USDA’s National Average Base Hog price for Thursday was $6.17 weaker to $122.28. The CME Lean Hog Index for 6/15 pulled...
- Cotton Weakens on Thursdays Selloff
- Cotton futures ended the session with 116 to 193 point losses. July was the firmest, recovering its premium to new crop prices. Thursday’s trade was hit with a broad commodities sell off, leading Crude Oil futures 1.5% lower and the Bloomberg Commodity Index 3.13% lower. The weekly Export Sales report showed...
