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Alan Brugler

Sun, Jun 4th, 2023

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

Mixed Close for Cotton Market

July cotton faded into Friday’s close and ended the session 37 points in the red. The other front months stayed higher, though the gains were limited to 27 points. July cotton futures were a net 270...

CTN23 : 86.05s (-0.43%)
CTV23 : 82.82s (+0.62%)
CTZ23 : 81.85s (+0.33%)
Hogs Finish +$10 for the Week

Friday’s hog market added another triple digits to the week’s rally. The front months were up 1.6% to 3.8% on the day, leaving the June contract at a net $10.65 gain for the week. USDA’s National...

HEM23 : 86.725s (+3.80%)
HEQ23 : 82.300s (+2.84%)
KMM23 : 89.025s (+3.22%)
Cattle Finish the Week with Gains

First Notice Day for June cattle begins the delivery period on Monday. June fat cattle futures added another $1.52 to the week’s move on Friday, settling with a net $9.07 gain for the week. That was...

LEM23 : 176.425s (+0.87%)
LEQ23 : 172.900s (+0.30%)
LEV23 : 176.000s (+0.07%)
GFQ23 : 241.900s (+0.10%)
GFU23 : 245.000s (+0.02%)
Wheat Futures Rally on Friday

July SRW wheat saw a wide 20 cent range on Friday from -8 to +12 cents. At the close the board was 8 to 9 cents higher with July at a net 3c gain for the week. Front month HRW futures ended the session...

ZWN23 : 619-0s (+1.35%)
ZWU23 : 632-2s (+1.28%)
ZWPAES.CM : 5.6821 (+1.57%)
KEN23 : 812-2s (+1.21%)
KEPAWS.CM : 7.7344 (+1.10%)
MWN23 : 807-6s (+2.38%)
Soymeal Missed Out on Friday Rally

Most ag markets saw strength into the weekend, though meal futures were down $1.70 to $3.60 for the settle. July soymeal was down a net $4.40 for the week. Soybean prices ended the session with double...

ZSN23 : 1352-4s (+1.73%)
ZSPAUS.CM : 13.2261 (+1.59%)
ZSQ23 : 1262-4s (+1.49%)
ZSU23 : 1192-4s (+1.30%)
Double Digit Friday Gains in Corn

After a highly contested week the corn market finished in the black. Aided by double digit gains on Friday, July was up a nickel for the week and Dec up by 6 3/4 cents from Friday to Friday. USDA cited...

ZCN23 : 609-0s (+2.78%)
ZCPAUS.CM : 6.3942 (+2.41%)
ZCU23 : 535-4s (+2.15%)
ZCZ23 : 541-2s (+2.12%)
Midday Cotton Trading Higher

Cotton futures are currently 44 to 71 points higher led by the Dec contract. December is still a 4.68 cent discount to the spot July contract. USDA’s weekly Export Sales data showed 267,767 RBs of old...

CTN23 : 86.05s (-0.43%)
CTV23 : 82.82s (+0.62%)
CTZ23 : 81.85s (+0.33%)
Hog Market Higher at Midday

Lean hog futures are gaining 0.77% to 2.2% so far through Friday. The summer months are leading the way. USDA’s National Average Base Hog price dropped $4.21 on Friday morning to $81.37. The 5/31 CME...

HEM23 : 86.725s (+3.80%)
HEQ23 : 82.300s (+2.84%)
KMM23 : 89.025s (+3.22%)
Mixed Midday in Cattle Market

Midday cattle futures are trading $1.15 higher in the June, but down by 22 cents by the Dec contract. Feeder cattle are mostly weaker through midday, pressured by corn’s strength. The cash market on...

LEM23 : 176.425s (+0.87%)
LEQ23 : 172.900s (+0.30%)
LEV23 : 176.000s (+0.07%)
LEY00 : 171.000s (unch)
GFQ23 : 241.900s (+0.10%)
GFU23 : 245.000s (+0.02%)
Wheat Futures Higher for the Weekend

The midday quotes have wheat futures in the black. Chicago wheat is trading up by 4 to 5 3/4 cents after initially fading by ~8. KC wheat prices are trading 5 1/2 to 7 cents higher so far. MGE spring wheat...

ZWN23 : 619-0s (+1.35%)
ZWU23 : 632-2s (+1.28%)
ZWPAES.CM : 5.6821 (+1.57%)
KEN23 : 812-2s (+1.21%)
KEPAWS.CM : 7.7344 (+1.10%)
MWN23 : 807-6s (+2.38%)

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Top 10 Most Mentioned Symbols on WallStreetBets over the last week were: 1) $NVDA 2) $SPY 3) $QQQ 4) $TSLA 5) $SOFI 6) $V 7) $CRM 8) $AAPL 9) $PLTR 10) $AMD Source: Quiverquant
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Nasdaq has finished in the green for 6 consecutive weeks, the longest weekly winning streak since January 2020. That feels bullish 🐂 https://t.co/7gExsX7H6G
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ETFs w/ most active options trading: $SPY - 10.751M $QQQ - 3.009M $IWM - 2.072M $EWZ - 423k $HYG - 399k $TQQQ - 388k $FXI - 322k $EEM - 312k $TLT - 233k $UVXY - 217k $SQQQ - 211k $KRE - 200k $XLF - 185k $GLD - 180K $XLE - 179K $DIA - 145K $VXX - 130K $EFA - 119K $SOXL - 110K
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Stocks w/ most active options trading: $TSLA - 3.865M $AAPL - 1.420M $NVDA - 1.375M $AMZN - 1.110M $AMD - 593k $GOOGL - 451k $PLTR - 437k $META - 433k $MSFT - 404k $BAC - 395k $SOFI - 371k $BABA - 294k $NFLX - 288k $AI - 256k $DIS - 247k $NIO - 240k What options did you trade?
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% of Large Cap Stocks Above Their Moving Averages https://t.co/GzLPZc9SFP
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Shadow Banks now control $239 trillion, almost half of the world's total financial assets. This number has more than doubled since the Global Financial Crisis 👀 https://t.co/B8K0o3MfEE
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Dow Jones Industrials finished the day up 2.12%, the largest gain of the year since January 6 when it finished in the green by 2.13% https://t.co/LeycYhJULo
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CBOE Volatility Index $VIX closes at lowest price since before the pandemic https://t.co/Xbk9WObpYf
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Stock Market Fear & Greed Index = 65 (Greed) Shouldn't this be Extreme by now? 🤔 https://t.co/eoWe6x0v7W
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Trust in the Federal Reserve Chair - Visualized https://t.co/oUapSUYpom
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Today's Futures Heat Map Strongest: Lean Hogs, Russell 2000 E-Mini, Soybean Oil, Pork Cutout Weakest: Milk, Gold, Coffee, Orange Juice https://t.co/HTK5CDsdr9
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What price will Gold hit first?
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Stocks Rally As U.S. Default Concerns Recede And Wage Pressures Ease Related Stocks: $VZ $T $CAT $DISH https://t.co/LApZeX8SD7
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4 Stock Market Morning Movers: $LULU $MDB $S $IOT Check out the Details 👇 https://t.co/3vsWhRizc8
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Markets Today: Stocks Gain As Senate Passes Debt Ceiling Bill Related Stocks: $LULU $COST $DELL $BABA https://t.co/arAqcB1frp
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ETFs w/ most active options trading: $SPY - 9.279M $QQQ - 2.943M $IWM - 918k $HYG - 494k $TQQQ - 292k $GDX - 230k $UVXY - 230k $KRE - 224k $TLT - 218k $SQQQ - 204k $EWZ - 179k $EEM - 145k $XLE - 136k $SLV - 126k $SOXL - 115k $GLD - 103k $XLF - 88k $KWEB - 81k $VXX - 79k $UNG-75k
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Stocks w/ most active options trading: $TSLA - 2.493M $NVDA - 1.235M $AAPL - 1.052M $PLTR - 756k $AMZN - 675k $AMD - 609k $META - 582k $SOFI - 550k $AI - 527k $MARA - 399k $BABA - 372k $MSFT - 315k $GOOGL - 306k $CVNA - 293k $NFLX - 287k $CHPT - 250k What options did you trade?
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NYU Finance Professor Aswath Damodaran sold 50% of his Nvidia $NVDA shares because he believes the run-up has been so astonishing that he couldn't continue to call himself a value investor if he held it all https://t.co/PaX2o1t0yV
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% of Large Cap Stocks Above Their Moving Averages https://t.co/Wvbgd4APPw
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That's a heck of a candle for Lululemon $LULU https://t.co/sSEDMmdOZE
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Not much fear left in the market as the CBOE Volatility Index $VIX finished the day at 15.65, the lowest closing price since November 4, 2021 https://t.co/sySrvgcQK6
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Is it Time to Buy Copper? https://t.co/NooKeDT12g
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Stock Market Fear & Greed Index = 68 Extreme Soon? 🥳🤑 https://t.co/kdx8CGafVn
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