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

 
 
 


Brugler Commentary
Corn Futures 3 to 4 Cents Higher Early Wednesday
Corn futures are 3 to 4 cents higher this morning. Front month corn futures ended the Tuesday session off the lows, but still down 4 to 4 3/4 cents. The national average corn basis from cmdtyView was little changed on Tuesday, but 16 cents under Dec since first flipping net...
Wheat Futures Higher on Short Covering Following Double Digit Decline
All three US wheat futures markets are higher this morning. Yesterday’s trading left futures lower with some double digit losses. CBT SRW was down the most on Tuesday with 1% to 1.5% losses of as much as 10 1/2 cents. KC gave back another 1% to 1.3% on the day....
Cattle Futures Awaiting Cash Market Direction
Live cattle futures ended Tuesday’s session with weakness. The board gave back midday gains and ended the session mixed between 32 cents of UNCH. USDA indicated cash trade activity remains light, noting some $124 in NE. That matched last week. Feeders also closed mixed, with 5 to 15 cent givebacks...
Cotton Futures Extend Rebound From Monday Sell Off
Cotton futures are trying to extend their recovery from the Monday washout. The triple digit midday gains faded ahead of the close, but futures still gained 87 to 101 points on Turnaround Tuesday. They are 31 to 49 points higher this morning. World equity markets are generally firmer this morning,...
Hogs Continue Range Bound Trade As CME Index Drops Seasonally
Afternoon trading in lean hog futures moved the board off the lows, but prices were still 10 to 62 cents weaker on the day. USDA’s National Average Base hog price was $78.14 in the PM report, down by another $1.18. The CME Lean Hog Index for 9/17 was down another...
Soybean Futures Up Slightly Overnight, Chinese Market Lower
Soy futures are 1 to 3 cents higher in early Wednesday trade. On Tuesday, soybean futures recovered about half of Monday’s drops with 10 to 11 1/2 cent recoveries. Soymeal futures ended the session with $1.80 to $2 gains. BO futures also recovered less than half of Monday’s drops with...