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Tue, Apr 23rd, 2024

Alan Brugler

Alan Brugler

Alan is an ag commodity industry icon, with over 1,700 speeches and presentations to ag and commodity audiences on his resume. He began Brugler Marketing and Management in 2002, following successful careers as a marketing educator, writer, and analyst at Data Transmission Network (DTN) and the Ohio Farm Bureau Federation. He is a guest technical analysis instructor for the Texas Master Marketer and Kansas State International Grains (IGP) program. 

 

Brugler Marketing provides fundamental and technical analysis of the commodities markets, risk management advice and consulting, training on the use of price risk management tools, and outlook and educational seminars for businesses and individuals involved in the food and agriculture sector worldwide. Brugler analysis and commentary is jointly produced by a team of analysts including Alan, Austin Schroeder, and Ryan Nielsen. 

Most Recent Stories

Hogs Bulls Push Higher on Tuesday

Lean hogs saw gains of $1.20 to $2.45 on Tuesday. USDA’s National Average Base Hog negotiated price was up $1.54 cents from the Monday afternoon print, at $91.85 on Tuesday afternoon. The CME Lean Hog...

HEK24 : 98.575s (+1.94%)
HEM24 : 107.950s (+2.32%)
HEN24 : 109.950s (+2.11%)
Wheat Leads Bull Charge For Second Day In a Row

The wheat complex continued this week’s rally on Tuesday. Chicago contracts were up 8 to 15 ¼ cents on the day. Kansas City posted gains of 8 ½ to 11 ¾ cents at the close. MPLS was 6 ¼ to 10 ¾ cents...

ZWK24 : 582-0 (-0.51%)
ZWN24 : 599-2 (-0.58%)
KEK24 : 611-6 (+0.49%)
KEN24 : 613-4 (-0.12%)
MWK24 : 665-2 (-0.19%)
Soybeans Post Gains with Planting Delays Expected Later This Week

Soybean futures posted gains of as little as fractionally to as much as 6 ¼ cents on Tuesday. Soymeal turned around on midday weakness to close with contracts up 90 cents to $1.40/ton, with Soy Oil rallying...

ZMN24 : 346.9 (+0.23%)
ZLN24 : 45.91 (+0.07%)
ZSK24 : 1171-0 (+0.30%)
ZSPAUS.CM : 11.1526 (+0.63%)
ZSN24 : 1185-0 (+0.25%)
ZSX24 : 1175-6 (+0.15%)
ZSPX24US.CM : 11.1362 (+0.20%)
Cotton Closes Mixed Ahead of First Notice Day

The cotton market reversed some of Tuesday’s intraday weakness, with contracts closing 18 to 70 points lower and 50-100 points off their lows. May was up 18 points ahead of first notice day on Wednesday....

CTK24 : 80.22s (+0.22%)
CTN24 : 81.13 (-0.72%)
CTZ24 : 77.77 (-0.40%)
Cattle Reverse Action to Close Mixed on Tuesday

Live cattle were higher early in the Tuesday session but bulls felt queasy by midday. Futures closed down 12 to 90 cents in the nearbys and 32 cents to $1.12 higher out in the 2025 contracts. Cash action...

LEJ24 : 183.350s (-0.26%)
LEM24 : 177.150s (-0.51%)
LEQ24 : 175.500s (-0.51%)
GFJ24 : 243.750s (+0.35%)
GFK24 : 246.050s (+0.36%)
GFQ24 : 259.400s (+0.36%)
Corn Futures Fight for Gains on Tuesday

The Tuesday action in the corn market saw futures close mixed with 24/25 strength, up 1 ¼ to 3 ¼ cents Contracts for the ’25 crop and beyond were fractionally to 1 ¾ cents lower. Monday afternoon’s...

ZCK24 : 443-0 (unch)
ZCPAUS.CM : 4.2744 (+0.79%)
ZCN24 : 452-6 (+0.06%)
ZCZ24 : 475-0 (+0.05%)
ZCPZ24US.CM : 4.4357 (+0.52%)
Hogs Shooting Higher on Tuesday

Lean hogs are posting $1.25 to $2.15 gains on Tuesday. USDA’s National Average Base Hog negotiated price was up 70 cents from the Monday afternoon print, at $91.01 on Tuesday morning. The CME Lean Hog...

HEK24 : 98.575s (+1.94%)
HEM24 : 107.950s (+2.32%)
HEN24 : 109.950s (+2.11%)
Cattle Reversing Action on Turnaround Tuesday

Live cattle are back down $1 to $1.32 on Tuesday’s midday. Cash action was negligible on Monday, with showlists being compiled. Last week’s trade was $183-184 live and $292 dressed in the North, steady...

LEJ24 : 183.350s (-0.26%)
LEM24 : 177.150s (-0.51%)
LEQ24 : 175.500s (-0.51%)
GFJ24 : 243.750s (+0.35%)
GFK24 : 246.050s (+0.36%)
GFQ24 : 259.400s (+0.36%)
Wheat Extending Strength on Deteriorating Crop Conditions

The wheat market is continuing the push higher at midday. Chicago contracts are 7 to 10 cents higher so far. Kansas City is trading 8 to 9 ½ cents in the green. MPLS is bringing up the rear, but still...

ZWK24 : 582-0 (-0.51%)
ZWN24 : 599-2 (-0.58%)
KEK24 : 611-6 (+0.49%)
KEN24 : 613-4 (-0.12%)
MWK24 : 665-2 (-0.19%)
Cotton Pushing Back Lower at Midday

The cotton market showing losses on Turnaround Tuesday, to continue the slide with 25 to 131 point losses. They are shrugging off outside market strength, with crude oil up $1.02 at midday and the US dollar...

CTK24 : 80.22s (+0.22%)
CTN24 : 81.13 (-0.72%)
CTZ24 : 77.77 (-0.40%)

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The U.S. economy is unbelievable and booming says JP Morgan CEO Jamie Dimon. A week ago, he said stagflation could be coming. 6 months ago, he said this was the most dangerous time the world has seen in decades. Fascinating! Thanks Jamie 🫡🙏 https://t.co/eWaNs1RbEm
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Tesla $TSLA rocketing higher in after hours after reporting earnings https://t.co/dyQ3tzs1cG
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FTC votes 3-2 to ban noncompete agreements. Estimates indicate that roughly 30 million Americans are covered by noncompete agreements. https://t.co/ptbavY8279
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Stock Market remains in Fear for a 7th consecutive trading day 👻😱 https://t.co/H9RJlXC2Sn
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