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Alan Brugler

Mon, May 13th, 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

Cattle Mixed on Monday

Live cattle are steady to 40 cents lower across most contracts on Monday. Cash was mixed around last week, with the South seeing action anywhere from $183-185, and the North at $186-187. Feeders are rallying...

LEM24 : 175.575s (-0.33%)
LEQ24 : 173.400s (-0.42%)
LEV24 : 176.825s (-0.34%)
GFK24 : 239.375s (+0.24%)
GFQ24 : 251.350s (+0.18%)
GFU24 : 252.225s (+0.10%)
Cotton Turning Higher at Midday

The cotton market is trading with contracts up 35 to 60 points across most months on Monday. The outside market factors are helpful, with gains of 45 cents in oil and the dollar index down 120 points....

CTN24 : 77.63s (+0.41%)
CTV24 : 77.06s (+0.42%)
CTZ24 : 75.63s (+0.67%)
Wheat Posting Double Digit Gains

The wheat complex is trading higher at midday, with lower Russian estimates helping. Chicago contracts are 20 to 22 cents across most nearby contracts. Kansas City futures are 22 to 26 cents higher on...

ZWK24 : 670-2s (+3.79%)
ZWN24 : 687-0s (+3.54%)
KEK24 : 724-0s (+3.84%)
KEN24 : 700-0s (+3.97%)
MWK24 : 745-0s (+5.19%)
Soybeans Posting Monday Strength

Soybean futures are rallying 4 to 10 cents across most contracts on Monday. Soymeal futures are still pressuring things from last week’s late weakness, as prices are down $3.20/ton in the July contract....

ZMN24 : 366.5s (-1.45%)
ZLN24 : 45.15s (+1.60%)
ZSK24 : 1205-4s (+0.04%)
ZSPAUS.CM : 11.5644 (+0.03%)
ZSN24 : 1219-4s (+0.04%)
ZSX24 : 1212-2s (+0.54%)
ZSPX24US.CM : 11.5054 (+0.59%)
Hogs Pulling Back to Start Week

Lean hogs are showing losses of 20 to 75 cents across most contracts on Monday. USDA’s National Average Base Hog negotiated price was not reported on Monday morning due to thin volume, with the 5-day...

HEK24 : 91.450s (-0.30%)
HEM24 : 97.475s (-0.91%)
HEN24 : 100.050s (-1.38%)
Corn Pulling Higher at Monday’s Midday

Corn prices are pushing to new highs on Monday, as contracts are steady to 4 ½ cents higher across most front months. Spill over support from strength in wheat is helping. Weekly Export Inspections data...

ZCK24 : 458-4s (+0.60%)
ZCPAUS.CM : 4.4907 (+0.65%)
ZCN24 : 472-4s (+0.59%)
ZCZ24 : 493-0s (+0.20%)
ZCPZ24US.CM : 4.6376 (+0.33%)
Cotton Steady to Begin the Week

The cotton market is hovering close to unch on Monday morning. Futures closed with losses of 55 to 133 points across most contracts on Friday, despite USDA calling for a tighter carryout on old crop. ...

CTN24 : 77.63s (+0.41%)
CTV24 : 77.06s (+0.42%)
CTZ24 : 75.63s (+0.67%)
Cattle Traders Look to Fresh Week with Weaker Beef on the Mind

Cattle saw initial weakness on Friday, but LC contracts closed with gains of 20 to 55 cents. Cash was mixed around this week, with the South seeing action anywhere from $183-185, and the North at $186-187....

LEM24 : 175.575s (-0.33%)
LEQ24 : 173.400s (-0.42%)
LEV24 : 176.825s (-0.34%)
GFK24 : 239.375s (+0.24%)
GFQ24 : 251.350s (+0.18%)
GFU24 : 252.225s (+0.10%)
Hogs Shift Focus to Monday

Lean hogs saw gains of 20 to 87 cents across most contracts on Friday, with May down 25 cents and sticking close to the index ahead of next week’s expiration. USDA’s National Average Base Hog negotiated...

HEK24 : 91.450s (-0.30%)
HEM24 : 97.475s (-0.91%)
HEN24 : 100.050s (-1.38%)
Soybeans Lower to Start Week

Soybean prices on Monday morning are 3 to 5 cents in the red Futures headed higher into the weekend, as contracts were up anywhere from 1 ¾ to 12 ¼ cents across the board. Soymeal futures were down $1-$2.40/ton....

ZMN24 : 366.5s (-1.45%)
ZLN24 : 45.15s (+1.60%)
ZSK24 : 1205-4s (+0.04%)
ZSPAUS.CM : 11.5644 (+0.03%)
ZSN24 : 1219-4s (+0.04%)
ZSX24 : 1212-2s (+0.54%)
ZSPX24US.CM : 11.5054 (+0.59%)

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77% of S&P 500 stocks are now trading above their 200D moving average, one of the highest levels in the last 2 years https://t.co/58b8fUUof4
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Japanese Yen continues to fall against the U.S. Dollar and has now weakened through the 156 level. More intervention needed? https://t.co/jWVmC8tedd
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Orange Juice surging again and looks to be making another run for all-time highs! Duke Brothers are at it again. https://t.co/C6G8uux1rd
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Cocoa on track for biggest loss in history 🚨 Bringing this chart to the local chocolate shop to explain why a discount is warranted! https://t.co/ThOldOnDwo https://t.co/TGRF8HWBjV
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BREAKING 🚨: China China's aggregate financing came in at negative 200 billion yuan last month, only the 3rd month since 2002 in which new credit contracted! https://t.co/X88FeGHyhx https://t.co/OWSHq8sypr
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