Alan Brugler

Yawn, just another week in a bull market for commodities! Somewhere, this went from being an]]>Alan BruglerMon, 24 Sep 2007 17:13:46 GMT16051http://www.agweb.com/blog/Market_Watch_208/0415_-__Market_Watch_16160/ Alan Brugler T<FONT FACE="Arial,Alan Brugler

TWheat astonishes again. Traders are currently in unchartered territories as the exchanges increased limits and margins in which promises to be a volatile (albeit possibly costly) march towards March expiration.]]>Alan BruglerTue, 19 Feb 2008 11:53:58 GMT16227http://www.agweb.com/blog/Market_Watch_208/Lions_or_Lambs_16257/ Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 [...] Tradition has it that March “comes in like a lion and goes out like a lamb”, a reference to the blustery mix of winter and spring weather patterns at the beginning of the month and the tendency for warmer and somewhat calmer conditions at the end of the month. That leads to the question of March price behavior in the agricultural commodities. ]]>Alan BruglerFri, 27 Feb 2009 18:38:39 GMT16257http://www.agweb.com/blog/Market_Watch_208/430_-_Market_Watch_With_Alan_Brugler_16320/Alan BruglerMon, 24 Sep 2007 17:13:46 GMT16320http://www.agweb.com/blog/Market_Watch_208/0319_-_Market_Watch_16395/ Last week was another up week for corn and soybeans, as they continued to vie for 2004Last week was another up week for corn and soybeans, as they continued to vie for 2004]]>Alan BruglerMon, 24 Sep 2007 17:13:46 GMT16395http://www.agweb.com/blog/Market_Watch_208/Dollar_Fixation_16401/The grain and livestock markets moved  inversely to the value of the US dollar index this past week. Next week could be different, with some fresh fundamental news input via the Planting Intentions and Grain Stocks reports on Tuesday. ]]>Alan BruglerFri, 27 Mar 2009 15:59:23 GMT16401http://www.agweb.com/blog/Market_Watch_208/0206_-_Market_Watch_16427/February hogs were the bull leader last week, up more than 8% in thin trading ahead of their expiration this week. Cash prices rose on limitedAlan BruglerMon, 24 Sep 2007 17:13:45 GMT16427http://www.agweb.com/blog/Market_Watch_208/Welcoming_In_The_New_Year_16446/Corn and wheat rallied in the early days of the New Year, while the soy complex was lower on concerns about future Chinese demand and ballooning South American production estimates. Cattle were lower despite rising beef prices, while hogs followed the pork cutout higher. ]]>Alan BruglerFri, 08 Jan 2010 16:52:04 GMT16446http://www.agweb.com/blog/Market_Watch_208/1024_-_Market_Watch_16464/ Here''s the scoreboard for all of the major ag commodities for the week: <trHere''s the scoreboard for all of the major ag commodities for the week:

Alan BruglerMon, 24 Sep 2007 17:12:12 GMT16464http://www.agweb.com/blog/Market_Watch_208/Inflation_Hopes_and_Fears_16502/The Fed announcement of a trillion dollar buy in of Treasury and mortgage backed debt was seen as long term inflationary, and nearly all commodities priced in dollars were up for the week. ]]>Alan BruglerFri, 20 Mar 2009 18:23:34 GMT16502http://www.agweb.com/blog/Market_Watch_208/Wet_Weather_Starts_to_Matter_16609/ ]]>Alan BruglerFri, 08 May 2009 17:58:43 GMT16609http://www.agweb.com/blog/Market_Watch_208/523_-_Market_Watch_With_Alan_Brugler_16637/The week''s recap -- Special guestAlan BruglerMon, 24 Sep 2007 17:05:15 GMT16637http://www.agweb.com/blog/Market_Watch_208/0225_-_Market_Watch_16720/ Alan Brugler <font face="Arial,Alan Brugler

Alan Brugler

The mid-winter thaw we talked about last week appears to have also melted the commodity bulls’ bank accounts.  Buying interest just seemed to be absent all week, with the notable exception of the hog market, which had some expiration week fireworks in the February futures.

]]>Alan BruglerSat, 14 Feb 2009 15:38:49 GMT16853http://www.agweb.com/blog/Market_Watch_208/Market_Watch_16880/The KC wheat market was the star of a mostly bullish grain show.Alan BruglerMon, 24 Sep 2007 17:13:56 GMT16880http://www.agweb.com/blog/Market_Watch_208/Getting_a_Divorce_16906/The US dollar has been inversely (or perversely) related to a number of asset classes this fall. Typically the dollar dropped and commodities like grain, gold, crude oil and the stock market indices would rally. And vice versa. As we’ve approached year end, the relationships seem to be weakeni [...]]]>Alan BruglerFri, 11 Dec 2009 17:27:55 GMT16906http://www.agweb.com/blog/Market_Watch_208/CRUDE_EFFECTS_17016/The grains continue to be very sensitive to the effects of the energy markets.Alan BruglerFri, 16 May 2008 14:54:38 GMT17016http://www.agweb.com/blog/Market_Watch_208/Sunshine_Returns_17051/Rice, the soy complex and cattle were higher this week, while feed grains and hogs continued to labor ahead of the USDA reports scheduled for February 10. ]]>Alan BruglerFri, 06 Feb 2009 16:45:45 GMT17051http://www.agweb.com/blog/Market_Watch_208/0806_-_Market_Watch_17059/ The grain markets stabilized this past week, with everything higher except for theThe grain markets stabilized this past week, with everything higher except for the]]>Alan BruglerMon, 24 Sep 2007 17:13:48 GMT17059http://www.agweb.com/blog/Market_Watch_208/0128_-_Market_Watch_17124/ Alan Brugler <font face="Arial,Alan Brugler

Alan]]>Alan BruglerMon, 24 Sep 2007 17:13:48 GMT17156http://www.agweb.com/blog/Market_Watch_208/MarketWatch_17239/It’s now officially a weather market!Alan BruglerMon, 24 Sep 2007 17:04:09 GMT17239http://www.agweb.com/blog/Market_Watch_208/1205_-_Market_Watch_with_Alan_Brugler_17342/Market WatchAlan BruglerMon, 24 Sep 2007 17:13:44 GMT17342http://www.agweb.com/blog/Market_Watch_208/307_-_Market_Watch_With_Alan_Brugler_17377/The week''s recap -- Special guestAlan BruglerMon, 24 Sep 2007 17:04:42 GMT17377http://www.agweb.com/blog/Market_Watch_208/Vertically_Challenged_17409/ Corn futures were the story of the week, with a major rally of 19 cents on Thursday. However, the bulls didn’t accomplish what they needed, which was to see a higher weekly close. The net loss for the week was 6 cents as the Board gave back more than half of the Thursday rally on Friday. Corn futures were the story of the week, with a major rally of 19 cents on Thursday. However, the bulls didn’t accomplish what they needed, which was to see a higher weekly close. The net loss for the week was 6 cents as the Board gave back more than half of the Thursday rally on Friday. ]]>Alan BruglerFri, 24 Jul 2009 17:50:08 GMT17409http://www.agweb.com/blog/Market_Watch_208/_Dead_Cat_Bounce_Or_Big_Turn_17444/Corn lost 16% of its value last week. This week it was up 22%.Alan BruglerFri, 12 Dec 2008 17:57:02 GMT17444http://www.agweb.com/blog/Market_Watch_208/56_-_Market_Watch_17575/5/6/05 Market WatchAlan BruglerMon, 24 Sep 2007 17:13:51 GMT17575http://www.agweb.com/blog/Market_Watch_208/Corn_and_Wheat_Have_A_Bullish_Episode_17638/Whether it is a dead cat bounce or the start of a seasonal rally remains to be seen. Regardless, corn and wheat posted gains for the week and for wheat it was the third week in a row with a higher Friday close. Soybeans also climbed the wall of worry, gaining 6 cents by virtue of the firmer tone in [...]Alan BruglerFri, 26 Feb 2010 17:00:11 GMT17638http://www.agweb.com/blog/Market_Watch_208/314_-_Market_Watch_With_Alan_Brugler_17652/The week''s recap -- Special guestAlan BruglerMon, 24 Sep 2007 17:04:42 GMT17652http://www.agweb.com/blog/Market_Watch_208/US_Export_Demand_Plus_a_Falling_Dollar_17759/Chinese buying interest for new crop US beans was impressive, and Stats Canada showed smaller than expected canola production is likely in 2009. Corn benefitted from a more positive hog market, and from improving export sales aided by a weak US dollar. The Cattle on Feed report was bearish because o [...]]]>Alan BruglerFri, 21 Aug 2009 21:55:55 GMT17759http://www.agweb.com/blog/Market_Watch_208/0305_-_Market_Watch_17838/Well, last week everything was up. This week, only 3 commodities were higher. A stronger US dollar (until Friday morning) trimmed buying interestAlan BruglerMon, 24 Sep 2007 17:13:45 GMT17838http://www.agweb.com/blog/Market_Watch_208/Livestock_Margins_Improve_17861/While much of the market focus for the week was on the rise of the US dollar and the slumping stock market, livestock producers enjoyed some improvements in their hedgeable margins. Nearby cattle and hog futures were higher, while corn and soybean meal were lower. ]]>Alan BruglerFri, 05 Feb 2010 17:13:11 GMT17861http://www.agweb.com/blog/Market_Watch_208/0716_-_Market_Watch_17871/ AlanAlan]]>Alan BruglerMon, 24 Sep 2007 17:13:48 GMT17871http://www.agweb.com/blog/Market_Watch_208/Market_Watch_17977/March went out like a lion in the corn market, and roared like a bear in the cattle.Alan BruglerMon, 24 Sep 2007 17:12:15 GMT17977http://www.agweb.com/blog/Market_Watch_208/Rising_Dollar_Hurts_Most_Ag_Commodity_Prices_18017/Alan BruglerFri, 30 Nov 2007 15:34:56 GMT18017http://www.agweb.com/blog/Market_Watch_208/1121_-_Market_Watch_18024/We went from China Fever to China Fear, all in one week. Soybeans and cotton had both been on extended rallies, buoyed by huge Chinese buying toAlan BruglerMon, 24 Sep 2007 17:13:43 GMT18024http://www.agweb.com/blog/Market_Watch_208/Hogs_on_a_Hot_Streak_18096/ ]]>Alan BruglerFri, 28 Aug 2009 18:01:34 GMT18096http://www.agweb.com/blog/Market_Watch_208/Spooktacular_18166/Things certainly aren’t back to normal.Alan BruglerFri, 31 Oct 2008 17:50:44 GMT18166http://www.agweb.com/blog/Market_Watch_208/0227_-_Market_Watch_18327/The thing that is striking about this week''s Market Watch is that every single ag commodity on the list posted a net gain for the week. every single ag commodity on the list posted a net gain for the week.]]>Alan BruglerMon, 24 Sep 2007 17:13:45 GMT18327http://www.agweb.com/blog/Market_Watch_208/418_-_Market_Watch_With_Alan_Brugler_18328/The week''s recap -- Special guestAlan BruglerMon, 24 Sep 2007 17:04:43 GMT18328http://www.agweb.com/blog/Market_Watch_208/RICE_HITS_THE_FRONT_PAGE_18351/The financial media continue to be fascinated by food prices, and the latest object of that fascination was the rice market.Alan BruglerFri, 18 Apr 2008 15:04:17 GMT18351http://www.agweb.com/blog/Market_Watch_208/Planting_A_Seed_But_What_Kind__18417/The grain markets were indeed volatile this past week.Alan BruglerFri, 04 Apr 2008 15:08:43 GMT18417http://www.agweb.com/blog/Market_Watch_208/Cracks_in_the_Bear_Wall_18433/Corn and wheat were able to post higher closes this week.Alan BruglerFri, 14 Nov 2008 17:15:52 GMT18433http://www.agweb.com/blog/Market_Watch_208/507_-_Market_Watch_With_Alan_Brugler_18479/Alan BruglerMon, 24 Sep 2007 17:13:47 GMT18479http://www.agweb.com/blog/Market_Watch_208/Cool_But_Not_Cold_18569/Cool but not cold described not only the weather forecast, but also the price action for the week. Most of the ag commodities showed negative changes for the week. Corn was a notable exception. ]]>Alan BruglerFri, 25 Sep 2009 18:20:58 GMT18569http://www.agweb.com/blog/Market_Watch_208/1112_-_Market_Watch_18650/ Alan Brugler <font face="Arial,Alan Brugler

We''re kind of stuck here, for most of the major crops. We have record US]]>Alan BruglerMon, 24 Sep 2007 17:13:50 GMT18785http://www.agweb.com/blog/Market_Watch_208/Crude_Weather_18789/The market started the week off scared that the CFTC’s launching of a study of the energy markets and cotton to determine if there is any price market manipulation or price distortion drove speculators to sell commodities.Alan BruglerFri, 06 Jun 2008 13:32:10 GMT18789http://www.agweb.com/blog/Market_Watch_208/Frost_Rally_Melts_18841/Weather models overstated the potential for subfreezing temps in the central US, fueling a sharp rally in the grains on Tuesday. By the weekend, the weather forecasts had tipped back to normal or above normal temps and it was the corn prices that were chilled. Livestock were lower despite a cheap US [...]]]>Alan BruglerMon, 21 Sep 2009 13:51:13 GMT18841http://www.agweb.com/blog/Market_Watch_208/No_Sun_No_Glow_18845/Much of the Midwest is mired in snow, ice and fog. Market bulls appear to be having a hard time seeing their way forward, or moving around. Nearly all of the ag commodities were lower for the week, but by smaller proportions than in the wake of the USDA report. ]]>Alan BruglerFri, 22 Jan 2010 17:18:40 GMT18845http://www.agweb.com/blog/Market_Watch_208/0827_-_Market_Watch_18859/ In a nutshell, livestock prices dropped, but their feed costs droppedIn a nutshell, livestock prices dropped, but their feed costs dropped]]>Alan BruglerMon, 24 Sep 2007 17:13:49 GMT18859http://www.agweb.com/blog/Market_Watch_208/Euro_Troubles_Part_II_18895/The euro troubles put a stick in the spokes of the market this week but by weeks end everything seemed to have returned to 'normal'.Alan BruglerFri, 21 May 2010 18:04:11 GMT18895http://www.agweb.com/blog/Market_Watch_208/04-29_-_Market_Watch_18925/Market Watch 4/29/05Alan BruglerMon, 24 Sep 2007 17:13:51 GMT18925http://www.agweb.com/blog/Market_Watch_208/Bulls_Have_Little_Leverage_18949/Corn prices are still trying to put in a harvest low, having failed to decisively do so in October.Alan BruglerFri, 07 Nov 2008 16:51:18 GMT18949http://www.agweb.com/blog/Market_Watch_208/0423_-_Market_Watch_18956/ The volatility continued. Curiously, the commodities with price declines were allThe volatility continued. Curiously, the commodities with price declines were all]]>Alan BruglerMon, 24 Sep 2007 17:13:46 GMT18956http://www.agweb.com/blog/Market_Watch_208/The_Dollar_Also_Rises_Red_Ink_In_the_Shadows_18959/Fundamental bearishness continued in the grains, with a sense that old crop supplies are adequate and new crop acreage could be more than needed. The sharp advance added to the bearish tone in commodities because of the typical inverse relationship between the two. ]]>Alan BruglerFri, 29 Jan 2010 16:21:15 GMT18959http://www.agweb.com/blog/Market_Watch_208/Train_Wreck_in_Corn_18973/USDA's Acreage report on Tuesday hit the market like a ton of bricks.  Coupled with month and quarter end asset allocation moves, it resulted in a 39 cent per bushel weekly loss for corn. Soybeans were aided by the report, and by renewed Chinese buying interest on the pre-report price break. Li [...]]]>Alan BruglerThu, 02 Jul 2009 16:38:37 GMT18973http://www.agweb.com/blog/Market_Watch_208/Melt_Down_19034/The snow was melting in the Midwest, but prices were melting even faster in Chicago following USDA's multiple grain reports on Tuesday. Livestock producers were double winners, with cheaper feed costs and a meat demand driven rally in cattle and hogs. ]]>Alan BruglerFri, 15 Jan 2010 22:39:21 GMT19034http://www.agweb.com/blog/Market_Watch_208/0521_-_Market_Watch_19108/ It was another wild week. The soy complex was the weakest. There were at least fiveIt was another wild week. The soy complex was the weakest. There were at least five]]>Alan BruglerMon, 24 Sep 2007 17:13:47 GMT19108http://www.agweb.com/blog/Market_Watch_208/Volatility_Continues_And_So_Does_The_Rally_19153/ Grain futures posted higher prices for the week, despite some extremely volatile action on Wednesday and again on Friday. Grain futures posted higher prices for the week, despite some extremely volatile action on Wednesday and again on Friday. ]]>Alan BruglerTue, 12 Feb 2008 12:07:49 GMT19153http://www.agweb.com/blog/Market_Watch_208/214_-_Market_Watch_With_Alan_Brugler_19245/The week''s recap -- Special guestAlan BruglerMon, 24 Sep 2007 17:04:41 GMT19245http://www.agweb.com/blog/Market_Watch_208/Zig_Zag_Corn_19282/Corn prices have been showing double digit weekly changes over the past month, but not in a straight line. At the moment the bulls are winning, with prices up 20 cents from the April 9 close at $3.46. Wheat has seen a more dramatic and directional move, despite the well advertised burdensome world s [...]Alan BruglerFri, 30 Apr 2010 16:18:20 GMT19282http://www.agweb.com/blog/Market_Watch_208/1114_-_Market_Watch_19341/ The connection between this week''s big winners is food . Wheat, Rice and Soybean Oil were all up more than 7% for the week. All are thingsThe connection between this week''s big winners is food. Wheat, Rice and Soybean Oil were all up more than 7% for the week. All are things]]>Alan BruglerMon, 24 Sep 2007 17:13:43 GMT19341http://www.agweb.com/blog/Market_Watch_208/213_-_Market_Watch_With_Alan_Brugler_19413/This week''s recapAlan BruglerMon, 24 Sep 2007 17:13:45 GMT19413http://www.agweb.com/blog/Market_Watch_208/0618_-_Market_Watch_19463/ AlanAlan]]>Alan BruglerMon, 24 Sep 2007 17:13:47 GMT19463http://www.agweb.com/blog/Market_Watch_208/Lubricated_Slide_19565/You can’t escape the media coverage of the economy or the energy markets, which are inter-related in several ways and directly influence ag commodity prices.Alan BruglerFri, 24 Oct 2008 17:07:53 GMT19565http://www.agweb.com/blog/Market_Watch_208/How_High_Is_The_Water_Momma_19595/For a change, the main bull story in the ag commodities this past week wasn’t the crude oil market, or even the value of the US dollar.Alan BruglerFri, 13 Jun 2008 15:13:35 GMT19595http://www.agweb.com/blog/Market_Watch_208/0528_-_Market_Watch_19618/ The cattle market surged on Thursday and Friday, as packers paid up for some lateThe cattle market surged on Thursday and Friday, as packers paid up for some late]]>Alan BruglerMon, 24 Sep 2007 17:13:47 GMT19618http://www.agweb.com/blog/Market_Watch_208/0109_-_Market_Watch_19659/For the most part, the bulls pulled in their horns this past week, with Monday''s huge lineup of USDA reports threatening to contain at least one orAlan BruglerMon, 24 Sep 2007 17:13:44 GMT19659http://www.agweb.com/blog/Market_Watch_208/New_All_Time_Highs_19690/It was a week of firsts, with crude oil breaking $125/barrel for the first time and corn ticking $6.77 on the July 2009 futures.Alan BruglerFri, 09 May 2008 15:30:44 GMT19690http://www.agweb.com/blog/Market_Watch_208/Still_Moving_But_In_Both_Directions_19721/The soybean complex was stil able to post higher prices this week, as were cattle. However, the feed grains and the hogs weren't able to get much help from USDA numbers, or from the outside markets. ]]>Alan BruglerFri, 10 Apr 2009 23:27:52 GMT19721http://www.agweb.com/blog/Market_Watch_208/Twas_Another_Night_Before_Christmas_19741/Corn and cattle were up in the holiday shortened week, while beans and cotton and hogs went the other way. ]]>Alan BruglerThu, 24 Dec 2009 15:14:11 GMT19741http://www.agweb.com/blog/Market_Watch_208/Dubai-ous_Price_Movement_19760/Prices moved in jerky fashion because of the Thanksgiving holiday and the reduced trading interest. Liquidity suffered, and that magnified moves such as those seen on Friday following the Dubai World announcement while the US market was closed on Thursday. ]]>Alan BruglerFri, 27 Nov 2009 15:00:45 GMT19760http://www.agweb.com/blog/Market_Watch_208/Market_Watch_19789/It was a tough week for corn, oilseeds and cotton. USDA showed larger than expected production for all three in its report on Monday morning, and the marketplace wasn''t forgiving.Alan BruglerMon, 24 Sep 2007 17:13:53 GMT19789http://www.agweb.com/blog/Market_Watch_208/Market_Watch_19797/Corn was the bull leader a week ago and the bear leader this week.Alan BruglerMon, 24 Sep 2007 17:04:03 GMT19797http://www.agweb.com/blog/Market_Watch_208/Market_Watch_19800/Livestock futures had another strong performance last week, while the grains were under pressure from rising crop production estimates ahead of the October USDA reports.Alan BruglerMon, 24 Sep 2007 17:13:54 GMT19800http://www.agweb.com/blog/Market_Watch_208/Market_Watch_19830/The soybean complex continues to show some strength, with all three legs higher this past week. Soy oil got a boost from all time record highs inAlan BruglerFri, 26 Oct 2007 13:20:09 GMT19830http://www.agweb.com/blog/Market_Watch_208/Market_Watch_19841/The word “roller coaster” comes to mind when describing the grain market action this past week.Alan BruglerMon, 24 Sep 2007 17:04:06 GMT19841http://www.agweb.com/blog/Market_Watch_208/Market_Watch_19844/Despite a rapid retreat from Monday’s 10-year high, corn futures still posted a gain of 7 cents/bushel for the week.Alan BruglerMon, 24 Sep 2007 17:04:06 GMT19844http://www.agweb.com/blog/Market_Watch_208/Market_Watch_19896/Precious metals and crude oil stole the show this past week.Alan BruglerMon, 24 Sep 2007 17:04:02 GMT19896http://www.agweb.com/blog/Market_Watch_208/Market_Watch_19903/It was a short week, and a week that was friendly to hedgers but not to outright longs.Alan BruglerMon, 24 Sep 2007 17:13:55 GMT19903http://www.agweb.com/blog/Market_Watch_208/Market_Watch_19942/Despite the pre-July 4th bearish fireworks in a couple of the markets, all of the ag commodities we track besides rice were up for the week.Alan BruglerMon, 24 Sep 2007 17:04:09 GMT19942http://www.agweb.com/blog/Market_Watch_208/Market_Watch_19943/The week''s recap -- Special guestAlan BruglerMon, 24 Sep 2007 17:05:16 GMT19943http://www.agweb.com/blog/Market_Watch_208/Market_Watch_19956/The biggest price move of the week came in the May CBT wheat.Alan BruglerMon, 24 Sep 2007 17:04:02 GMT19956http://www.agweb.com/blog/Market_Watch_208/Market_Watch_19970/Grain prices drifted lower last week, as producers, elevators and speculators were all looking ahead to the USDA September 12 Crop Production report.Alan BruglerMon, 24 Sep 2007 17:13:53 GMT19970http://www.agweb.com/blog/Market_Watch_208/Market_Watch_19984/The market ended on a high foot this week as only two commodities ended the week in the red.Alan BruglerMon, 24 Sep 2007 17:04:08 GMT19984http://www.agweb.com/blog/Market_Watch_208/Market_Watch_19990/This was a big week for agricultural commodity news.Alan BruglerMon, 24 Sep 2007 17:13:55 GMT19990http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20010/Feed grains regained the attention of the long term commodity bulls this week.Alan BruglerMon, 24 Sep 2007 17:04:07 GMT20010http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20035/Wheat futures soared this week, with absolutely no competition for bull market of the week.Alan BruglerFri, 26 Oct 2007 13:20:08 GMT20035http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20089/Hogs were the big winner for the week, skyrocketing on a surge in the price of fresh pork bellies that is likely the result of a campaign by a major fast food firm.Alan BruglerMon, 24 Sep 2007 17:12:12 GMT20089http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20116/The bullish tide was still raising both energy prices and the newly revamped Reuters/Jeffries CRB Index, but the boat had a few leaks.Alan BruglerMon, 24 Sep 2007 17:13:53 GMT20116http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20129/MarketWatch 5/20/05Alan BruglerMon, 24 Sep 2007 17:13:52 GMT20129http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20139/Wheat futures continued to work higher, with July KC futures setting a new life of contract high on Friday, and CHI matching its previous high of $4 before retreating because of pre-weekend profit taking.Alan BruglerMon, 24 Sep 2007 17:04:01 GMT20139http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20142/This was the week after the party, and there was little irrational exuberance to be found.Alan BruglerMon, 24 Sep 2007 17:13:55 GMT20142http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20149/Market WatchAlan BruglerMon, 24 Sep 2007 17:13:52 GMT20149http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20155/Corn futures were once again the bull leader in the ag commodity arena, although not without some second thoughts.Alan BruglerMon, 24 Sep 2007 17:04:07 GMT20155http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20168/The ag commodity markets recovered quite well from the financial market meltdown of the previous week.Alan BruglerMon, 24 Sep 2007 17:04:10 GMT20168http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20176/Grains and oil seeds traded all over the board this week. Uncertainty over planting progress affected corn, soybeans and spring wheat.Alan BruglerMon, 24 Sep 2007 17:04:08 GMT20176http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20184/Weekly market watch with Alan BruglerAlan BruglerMon, 24 Sep 2007 17:05:17 GMT20184http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20236/Soybeans nearly ended a string of losing weeks.Alan BruglerMon, 24 Sep 2007 17:12:14 GMT20236http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20239/Soybean oil led the bears this week, with a 2.24% decline.</Alan BruglerMon, 24 Sep 2007 17:04:04 GMT20239http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20248/Chicago wheat was again the place to be if you were a bull.Alan BruglerMon, 24 Sep 2007 17:04:04 GMT20248http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20261/It was difficult to see at times, but the agricultural commodity prices did in fact move higher in 2005.Alan BruglerMon, 24 Sep 2007 17:13:55 GMT20261http://www.agweb.com/blog/Market_Watch_208/0730_-_Market_Watch_20264/ Alan Brugler TheAlan Brugler

The]]>Alan BruglerMon, 24 Sep 2007 17:13:48 GMT20264http://www.agweb.com/blog/Market_Watch_208/Can_You_Say_V-Bottom_20273/USDA showed sharply smaller old crop corn stocks and also fewer 2010 acres in the June 30 reports. The bears had been leaning on all of the grains pretty hard going into the reports, and prices came roaring back on the news. Livestock were more constrained, due to mixed economic news and a slumping [...]Alan BruglerFri, 02 Jul 2010 14:57:12 GMT20273http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20278/The grain markets jumped straight from the acreage war concerns stemming out of the March Intentions report to growing season weather.Alan BruglerMon, 24 Sep 2007 17:12:13 GMT20278http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20286/Commodity prices in general were under pressure again this past week, with energy prices notably weaker.</Alan BruglerMon, 24 Sep 2007 17:04:04 GMT20286http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20309/The market rebounded this week after seeing a lot of red in the previous week’s sessions.Alan BruglerMon, 24 Sep 2007 17:04:08 GMT20309http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20348/This was an extremely volatile week, particularly in the Chicago wheat market.Alan BruglerMon, 24 Sep 2007 17:04:05 GMT20348http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20383/Soybeans and rice provided the bullish fireworks for the week.Alan BruglerMon, 24 Sep 2007 17:13:54 GMT20383http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20387/Corn, soy oil and cotton were the losers for the week.Alan BruglerMon, 24 Sep 2007 17:04:02 GMT20387http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20403/The soybean complex took over the bull lead this week.Alan BruglerMon, 24 Sep 2007 17:04:07 GMT20403http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20409/Wheat futures staged a significant rally this week, with KC up more than 12% in a week, and CHI lagging only because it had been up strongly in the previous weeks and gaining in the inter-market spreads.Alan BruglerMon, 24 Sep 2007 17:04:10 GMT20409http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20420/Cattle were the big winner for the week, to the surprise of many.Alan BruglerMon, 24 Sep 2007 17:13:53 GMT20420http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20427/Corn had an ugly week, losing 22 cents or 5.64% of its value.Alan BruglerMon, 24 Sep 2007 17:04:06 GMT20427http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20448/Yes, we are in a summer weather market, and those don’t always go straight upAlan BruglerMon, 24 Sep 2007 17:04:09 GMT20448http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20454/The soybean complex was the bull leader this week, with cotton close behind.Alan BruglerFri, 26 Oct 2007 13:20:08 GMT20454http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20465/The week''s recap -- Special guestAlan BruglerMon, 24 Sep 2007 17:05:17 GMT20465http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20485/Soybeans were the latest commodity to fall into the “We don’t know why it’s going up, but it’s going up” camp.Alan BruglerMon, 24 Sep 2007 17:04:05 GMT20485http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20503/Feed grains were the bull story for the week.Alan BruglerMon, 24 Sep 2007 17:04:09 GMT20503http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20507/Corn, soybean and rice futures posted gains for the week, thanks to a surge of speculative fund buying on November 1 and 2.Alan BruglerMon, 24 Sep 2007 17:04:05 GMT20507http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20512/March corn futures tried to go down and fill the gap left by the expiring December contract.Alan BruglerMon, 24 Sep 2007 17:04:06 GMT20512http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20519/Wheat futures gave up their role as the bull leader, and became the retreat leader this past week.Alan BruglerMon, 24 Sep 2007 17:12:14 GMT20519http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20524/The ag market this week saw grains generally bullish and livestock a touch bearish.Alan BruglerMon, 24 Sep 2007 17:04:10 GMT20524http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20541/Friday was another of those "inflation days".Alan BruglerMon, 24 Sep 2007 17:04:02 GMT20541http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20579/To remember what happened in the futures market this week, remember: if it was planted then futures grew.Alan BruglerMon, 24 Sep 2007 17:04:08 GMT20579http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20590/Wheat futures posted an astonishing 15% gain for the week in KC, with CHI close behind at 14.98% and MPLS up 10.2%.Alan BruglerMon, 24 Sep 2007 17:04:09 GMT20590http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20610/Weekly Market Watch with Alan BruglerAlan BruglerMon, 24 Sep 2007 17:04:44 GMT20610http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20617/"It is a tale told by an idiot, full of sound and fury, Signifying nothing."Alan BruglerMon, 24 Sep 2007 17:04:05 GMT20617http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20633/The grains were all up for the week, as inflation based buying and positioning for a summer weather rally (or at least the Planting Intentions report) continued.Alan BruglerMon, 24 Sep 2007 17:04:01 GMT20633http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20658/The market had a busy week as many of the commodities witnessed switch trading this week.Alan BruglerMon, 24 Sep 2007 17:04:10 GMT20658http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20674/Soybeans provided the bullish fireworks for a second straight week.Alan BruglerMon, 24 Sep 2007 17:13:54 GMT20674http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20695/This week had some big moves, which could have been bigger without the many cross currents in the market.Alan BruglerMon, 24 Sep 2007 17:04:03 GMT20695http://www.agweb.com/blog/Market_Watch_208/Back_in_the_Gutter_20702/Corn futures took two weeks to climb out of the pricing gutter and put on 21 cents per bushel. It took only 5 days to erase 20 cents of that rally. Wheat and soybeans were also lower, while cotton and cattle futures took a more bullish attitude.Alan BruglerFri, 25 Jun 2010 16:35:00 GMT20702http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20737/Thanksgiving may not be until Thursday, but there were plenty of turkeys in the ag commodity markets this past week.Alan BruglerMon, 24 Sep 2007 17:13:54 GMT20737http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20749/The grain markets were lower across the board this week.Alan BruglerMon, 24 Sep 2007 17:13:54 GMT20749http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20750/There’s a trade axiom that says you should “never sell a sleeping market”.Alan BruglerMon, 24 Sep 2007 17:04:08 GMT20750http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20763/Wheat was the only commodity on our table to post plus signs for the week.Alan BruglerMon, 24 Sep 2007 17:12:13 GMT20763http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20778/by Alan BruglerAlan BruglerMon, 24 Sep 2007 17:13:52 GMT20778http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20789/December corn futures became overbought ahead of the crop report, with both RSI and stochastics above 70 and 80 respectively.Alan BruglerMon, 24 Sep 2007 17:04:10 GMT20789http://www.agweb.com/blog/Market_Watch_208/1017_-_Market_Watch_20802/ It was a wild and wooly week in the commodities, and events again reinforced the role that speculators and commodity trading funds play in priceIt was a wild and wooly week in the commodities, and events again reinforced the role that speculators and commodity trading funds play in price]]>Alan BruglerMon, 24 Sep 2007 17:12:11 GMT20802http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20818/That bullish weather market quickly turned into a bearish weather market, magnified by a lot of plain old “get me out” liquidation selling by impoverished bulls.Alan BruglerMon, 24 Sep 2007 17:04:10 GMT20818http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20847/Wheat futures recovered some ground this week, as did cattle and rice.Alan BruglerMon, 24 Sep 2007 17:04:03 GMT20847http://www.agweb.com/blog/Market_Watch_208/Heating_Up_20850/Weather forecasts for the Corn Belt heated up, and so did the markets. Fresh money came in after the holiday, and it wanted to own commodities in general. All of those in our survey group were up for the week.Alan BruglerFri, 09 Jul 2010 16:09:42 GMT20850http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20866/What a difference a week makes!Alan BruglerMon, 24 Sep 2007 17:04:07 GMT20866http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20872/Minneapolis wheat was the bulls'' star player again this past week, knocking out a 30 cent/bushel gain.Alan BruglerMon, 24 Sep 2007 17:04:03 GMT20872http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20880/Hurricane Katrina and the post hurricane flooding in New Orleans constituted almost the perfect storm for grain producers.Alan BruglerMon, 24 Sep 2007 17:13:53 GMT20880http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20888/The August 11 USDA crop reports were expected to be a market moving event.Alan BruglerMon, 24 Sep 2007 17:04:04 GMT20888http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20895/What happens when traders who have been buying commodities for 6 weeks or more decide to take profits?Alan BruglerMon, 24 Sep 2007 17:13:52 GMT20895http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20940/Speculative buying interest in ag commodities continues.Alan BruglerMon, 24 Sep 2007 17:04:03 GMT20940http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20949/Corn was the story for the week.Alan BruglerMon, 24 Sep 2007 17:13:55 GMT20949http://www.agweb.com/blog/Market_Watch_208/Market_Watch_20999/Yes, we are in a summer weather market, and those don’t always go straight up.Alan BruglerMon, 24 Sep 2007 17:04:09 GMT20999http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21036/For a week where the index funds were supposed to be committing a lot of money, it was hard to find the gainers.Alan BruglerMon, 24 Sep 2007 17:13:55 GMT21036http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21038/Consolidation. Consolidation would define the week of trading in the agriculture market.Alan BruglerMon, 24 Sep 2007 17:04:10 GMT21038http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21043/Grain futures were lower again this past week.Alan BruglerMon, 24 Sep 2007 17:13:54 GMT21043http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21052/Soybean meal was the strongest performer for the week, up 5.35%.Alan BruglerMon, 24 Sep 2007 17:04:06 GMT21052http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21053/Believe it or not, but things finally tamed down this past week.Alan BruglerMon, 24 Sep 2007 17:04:07 GMT21053http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21058/It seems that I erred when I said (in last week’s column) that “the first week of October was an extremely volatile week, particularly in the Chicago wheat market”.Alan BruglerMon, 24 Sep 2007 17:04:05 GMT21058http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21060/"The bull move is over when good news fails to make it go up."Alan BruglerMon, 24 Sep 2007 17:04:04 GMT21060http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21062/Commodity prices in general were under pressure this past week.Alan BruglerMon, 24 Sep 2007 17:04:04 GMT21062http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21109/Hogs were the big (and only) winner this week, up a huge 5.12%.Alan BruglerMon, 24 Sep 2007 17:04:03 GMT21109http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21129/Market WatchAlan BruglerMon, 24 Sep 2007 17:13:52 GMT21129http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21148/Corn is doing great this year.Alan BruglerMon, 24 Sep 2007 17:04:09 GMT21148http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21173/March cotton took the prize for the biggest bullish move of the week, gaining a whopping 4.23%.Alan BruglerMon, 24 Sep 2007 17:04:06 GMT21173http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21175/Market WatchAlan BruglerMon, 24 Sep 2007 17:13:52 GMT21175http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21182/If you''ll pardon the expression, cattle weren''t quite the bull leaders for the week.Alan BruglerMon, 24 Sep 2007 17:13:54 GMT21182http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21186/The soybean complex took over the bull lead two weeks ago, and kept it this past week.Alan BruglerMon, 24 Sep 2007 17:04:07 GMT21186http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21208/Corn futures were the only agricultural commodity showing a net loss for the week, down 0.67%.Alan BruglerMon, 24 Sep 2007 17:04:08 GMT21208http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21223/Energy futures continued to slide all week, with the Amaranthe Advisors hedge fund losing an estimated $6 BILLION dollars in natural gas and other markets.​Alan BruglerMon, 24 Sep 2007 17:04:05 GMT21223http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21245/The grains had another strong week, but December lean hogs posted the largest weekly net changeAlan BruglerMon, 24 Sep 2007 17:04:05 GMT21245http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21251/The big news for the week is that corn prices didn''t go down!Alan BruglerMon, 24 Sep 2007 17:13:55 GMT21251http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21256/Corn futures took a serious beating this week, down 8.24% despite the weakness of the dollar.Alan BruglerFri, 26 Oct 2007 13:20:09 GMT21256http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21267/Wheat bulls were the big winners this past week.Alan BruglerMon, 24 Sep 2007 17:04:02 GMT21267http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21278/The KC wheat market was the star of a mostly bullish grain show.Alan BruglerMon, 24 Sep 2007 17:13:56 GMT21278http://www.agweb.com/blog/Market_Watch_208/Rising_Tide_21292/Alan BruglerFri, 18 Jun 2010 15:56:12 GMT21292http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21306/As you can see, there is a lot of red in the change column of the table below.Alan BruglerMon, 24 Sep 2007 17:04:08 GMT21306http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21321/The week''s recap -- Special guestAlan BruglerMon, 24 Sep 2007 17:04:41 GMT21321http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21328/Precious metals and energy futures had volatile trade, but the biggest ag commodity loser was the June hogs, down 2%.Alan BruglerMon, 24 Sep 2007 17:04:02 GMT21328http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21359/Corn futures finally had a down weekAlan BruglerMon, 24 Sep 2007 17:04:06 GMT21359http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21405/Corn futures took over the bullish leader position from Minneapolis wheat this week, posting a gain of 5.19%.Alan BruglerMon, 24 Sep 2007 17:04:03 GMT21405http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21425/It was another turbulent week for the commodity markets as a whole.Alan BruglerMon, 24 Sep 2007 17:13:53 GMT21425http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21438/To the surprise of many, corn was the bull leader this past weekAlan BruglerFri, 26 Oct 2007 13:20:08 GMT21438http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21455/The ag markets had a somewhat improbable bull leader this week.Alan BruglerMon, 24 Sep 2007 17:04:07 GMT21455http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21457/Wheat futures soared this week, with absolutely no competition for bull market of the week.Alan BruglerFri, 26 Oct 2007 13:20:08 GMT21457http://www.agweb.com/blog/Market_Watch_208/Market_Watch_21481/Chicago wheat was the bull leader for the week.Alan BruglerMon, 24 Sep 2007 17:04:04 GMT21481http://www.agweb.com/blog/Market_Watch_208/Now_Were_On_Fire_21564/In the prior column we talked about the markets heating up. This week they were heating up literally with above normal temps and irregular rainfall distribution around the Northern Hemisphere raising concerns about wheat and coarse grain production. The US dollar index also broke below chart support [...]Alan BruglerFri, 16 Jul 2010 16:12:26 GMT21564http://www.agweb.com/blog/Market_Watch_208/Still_Steamy_21623/Our themes for the past month have been focused on heat. Heat during pollination in the U.S., drought in Russia, the Ukraine, Kazakhstan and the eastern EU. Heat in the market, as in speculative buying interest and a scramble by formerly complacent commercial users. The heat continued this week, wit [...]Alan BruglerFri, 30 Jul 2010 15:56:00 GMT21623http://www.agweb.com/blog/Market_Watch_208/The_Heat_Continues_but_the_Market_Cools_21638/ ]]>Alan BruglerFri, 23 Jul 2010 16:33:02 GMT21638http://www.agweb.com/blog/Market_Watch_208/its_a_jungle_out_there/Grain futures were sharply higher the first week of August, as heat and drought in Russia resulted in a grain export ban there. Livestock prices were plagued by uncertainty about feed costs and about consumer demand amid weak employment numbers.Alan BruglerFri, 06 Aug 2010 15:11:00 GMT21676http://www.agweb.com/blog/Market_Watch_208/russia_is_still_a_hot_topic/Market Watch with Alan Brugler Russia Is Still A Hot TopicAlan BruglerFri, 13 Aug 2010 16:39:00 GMT21725http://www.agweb.com/blog/Market_Watch_208/big_ups_and_big_downs/It certainly hasn’t been a quiet month in terms of price movement. Cattle futures were up 5.6% this week alone, with cash cattle trading $5 higher than they did just a week ago. Corn is up 28 cents/bushel since July 30. On the other side of the ledger, soybean oil plunged 7.1% for the week, and Chic [...]Alan BruglerFri, 20 Aug 2010 15:18:00 GMT21768http://www.agweb.com/blog/Market_Watch_208/the_bulls_are_panting_a_bit/Cotton and soybeans were higher, but the bull moves in wheat and corn looked labored, and both cattle and hogs were down for the week. Alan BruglerFri, 27 Aug 2010 15:31:00 GMT21816http://www.agweb.com/blog/Market_Watch_208/still_going_strong/All of the ag commodities we track were higher except for cattle. The feed grains continued to be the bull leader, but a weaker dollar and some improved general economic news helped support the markets as well. Alan BruglerFri, 03 Sep 2010 15:43:00 GMT21877http://www.agweb.com/blog/Market_Watch_208/will_the_well_run_dry/Weekly Market Commentary for September 10th, 2010Alan BruglerFri, 10 Sep 2010 15:41:00 GMT21916http://www.agweb.com/blog/Market_Watch_208/keep_on_truckin/Marketwatch Sept 17th Alan BruglerFri, 17 Sep 2010 16:46:00 GMT21962http://www.agweb.com/blog/Market_Watch_208/frantic_fridays/Marketwatch Sept 24 2010Alan BruglerFri, 24 Sep 2010 15:12:00 GMT22012http://www.agweb.com/blog/Market_Watch_208/meltdown/After weeks of hot markets, which carried cotton to 15 year highs and other crops to the highest levels since 1988, the bulls had a meltdown. End of quarter profit taking and asset allocation selling weighed on the grains and livestock, while boosting crude oil and other laggards. Alan BruglerFri, 01 Oct 2010 15:28:00 GMT22076http://www.agweb.com/blog/Market_Watch_208/the_skys_the_limit/USDA released very bullish crop production and ending stocks numbers on October 8. Many of the grains were limit up on Friday, and cotton was also at 15 year highs as the week ended. Alan BruglerFri, 08 Oct 2010 15:53:00 GMT22136http://www.agweb.com/blog/Market_Watch_208/black_ink_for_corn_and_beans/Corn and soybeans continued to rally this week, a follow on rally to the October 8 USDA reports. Cattle were able to rally on firmer wholesale and cash cattle prices, while hogs dropped sharply on seasonal price pressure. Alan BruglerFri, 15 Oct 2010 15:34:00 GMT22190http://www.agweb.com/blog/Market_Watch_208/cotton_leads_the_bulls,_feed_grains_take_a_break/Cotton futures traded at the highest prices since the Civil War era, including several limit up days. Tight world stocks have the market sensitive to production losses, and a hailstorm hit Texas. Feed grain prices posted a net loss for the week, while soybeans continued to advance.Alan BruglerFri, 22 Oct 2010 15:54:00 GMT22235http://www.agweb.com/blog/Market_Watch_208/more_bread/Wheat prices were up more strongly than corn or soybeans this week. That came on a combination of spread unwinding and concerns about dry weather in the winter wheat growing areas of the U.S. Livestock prices were lower, with hogs down more than 6%. Alan BruglerFri, 29 Oct 2010 16:12:00 GMT22290http://www.agweb.com/blog/Market_Watch_208/sailing_on_the_qe2/The two major influences on the commodities markets this week were the U.S. election and the Federal Reserve plan for a second quantitative easing campaign nicknamed QE2. Traders were also rolling index fund positions forward and positioning for the November 9 USDA reports. Alan BruglerFri, 05 Nov 2010 15:56:00 GMT22340http://www.agweb.com/blog/Market_Watch_208/sailing_on_the_titanic/MarketWatch November 12Alan BruglerFri, 12 Nov 2010 15:53:00 GMT22385http://www.agweb.com/blog/Market_Watch_208/another_black_friday/For the second week in a row, the corn and soybean markets saw a steep sell off on Friday. Livestock were higher, so livestock operators saw a dramatic improvement in the margins. Much of the activity in the grains was focused on Chinese attempts to slow down food price inflation, potentially at the [...]Alan BruglerFri, 19 Nov 2010 14:58:00 GMT22448http://www.agweb.com/blog/Market_Watch_208/chinese_takeout/Market attention for the week was focused on Chinese efforts to control food inflation and aggressive bank lending, but the grain futures managed to close higher despite the distractions. Cotton was the biggest loser.Alan BruglerFri, 26 Nov 2010 15:10:00 GMT22486http://www.agweb.com/blog/Market_Watch_208/violent_reactions/The ag commodity markets had some violent price swings this week, particularly after the calendar flipped to December. It looked like fresh investment money, but proved to be mostly re-allocation of funds among different commodity classes. The dollar weakened, which helped support most commodities p [...]Alan BruglerFri, 03 Dec 2010 15:53:00 GMT22523http://www.agweb.com/blog/Market_Watch_208/limited_reaction/USDA released its monthly WASDE estimates on Friday morning. Unless several recent reports, these generated little market reaction. That’s mostly because USDA made few changes in the domestic estimates, and most of the numbers were close to the pre-report expectations circulating in the trade. Alan BruglerFri, 10 Dec 2010 14:42:00 GMT22576http://www.agweb.com/blog/Market_Watch_208/biofuels_boost/The grain markets saw a double boost this week. First, the extension of the Bush era tax cuts was enacted into law on Friday. The second boost came from a private consulting firm that on Friday lowered its projected 2011 corn. Livestock were also higher, and cotton surged near 150 year highs. Alan BruglerFri, 17 Dec 2010 16:06:00 GMT22625http://www.agweb.com/blog/Market_Watch_208/across_the_board/Marketwatch for Dec 23 2010Alan BruglerThu, 23 Dec 2010 16:55:00 GMT22669http://www.agweb.com/blog/Market_Watch_208/big_stories_of_2010/A quick look at some of the major market movers of 2010, with an eye to 2011Alan BruglerThu, 30 Dec 2010 13:16:00 GMT22714http://www.agweb.com/blog/Market_Watch_208/all_time_highs/Agricultural producers will hate to see 2010 leave. It was a year that saw new all time high prices paid for cotton and cattle, and saw grain prices rallying back toward 2008 highs that some had assumed would not be seen again in their lifetime. Alan BruglerFri, 31 Dec 2010 14:11:00 GMT22724http://www.agweb.com/blog/Market_Watch_208/commodities_take_a_breather/Everything went down this week, the first week of the New Year. Not so coincidentally, the US dollar index rose all 5 days this week, and traded at the highest level since November 30. That means it takes less dollars to buy commodities priced in dollars, assuming the other fundamentals are unchange [...]Alan BruglerFri, 07 Jan 2011 15:28:00 GMT22774http://www.agweb.com/blog/Market_Watch_208/cruising_along,_or_cruise_missle/The weekly change numbers are all black except for Chicago wheat this week. That is a complete reversal from the previous week, when generalized selling had all of the ag commodities in the red! The week was a mirror image in other ways as well. The US dollar index was higher all five days during th [...]Alan BruglerFri, 14 Jan 2011 16:47:00 GMT22848http://www.agweb.com/blog/Market_Watch_208/cold_temps_but_not_cold_markets/Midwest temperatures dipped into the -20 Fahrenheit range, chilling the population if not the markets. While gold prices were stone cold for the week, and the US dollar index was sliding, the ag commodities were enjoying and dreaming of more temperate climes. Alan BruglerFri, 21 Jan 2011 16:08:00 GMT22896http://www.agweb.com/blog/Market_Watch_208/african_turmoil_destabilzes_markets/Social unrest in North Africa played a significant role in this week’s commodity markets. While some of the highly publicized rioting was NOT tied to food prices, there was clearly some defensive buying of wheat and other commodities being done. Alan BruglerFri, 28 Jan 2011 15:51:00 GMT22955http://www.agweb.com/blog/Market_Watch_208/bullhogs/Punxsutawney Phil failed to see his shadow on Groundhog Day (Wednesday). What I want to know is whether the bull market in corn or soybeans is in danger of being over. How do we define a shadow in the grains or livestock? For the moment, the bull market is still running, with only hogs and feeder c [...]Alan BruglerFri, 04 Feb 2011 15:52:00 GMT23002http://www.agweb.com/blog/Market_Watch_208/seven_dollar_corn/There were a couple rare events that happened this past week. Of course, Egypt’s President Mubarak resigned on Friday, leading to a new government in that country for the first time in over 30 years. The one that got OUR attention, however, was the first close over $7 per bushel for nearby corn futu [...]Alan BruglerFri, 11 Feb 2011 16:14:00 GMT23067http://www.agweb.com/blog/Market_Watch_208/grains_still_lag/While corn posted a new high for 2011, it is still 50 cents away from the 2008 high. Soybeans are below their 2008 high, and wheat is well below its 2008 high. This is not the case for commodities in general. The CRB Index, basket of commodities, traded more than 8% above the 2008 high this week. Th [...]Alan BruglerFri, 18 Feb 2011 17:08:00 GMT23129http://www.agweb.com/blog/Market_Watch_208/the_raging_bull_roller_coaster/There was a lot of red ink on the screens this past week, particularly on Tuesday and Wednesday. Some of the commodities rallied back to net gains for the week, notably corn, soy oil and cattle. For others, the peak of the Raging Bull roller coaster wasn’t high enough to get them to a net gain. Oats [...]Alan BruglerFri, 25 Feb 2011 15:27:00 GMT23179http://www.agweb.com/blog/Market_Watch_208/its_complicated/The markets were in turmoil this week, showing different versions of panic, fear and greed. Crude oil hit a 2 ½ year high, with ongoing reductions in Libyan oil exports. Gold hit new all time highs as civil unrest and political murders (Pakistan as an example) were seen in a number of countries. Co [...]Alan BruglerFri, 04 Mar 2011 14:15:00 GMT23229http://www.agweb.com/blog/Market_Watch_208/a_shaky_bunch_of_markets/The markets were still in turmoil this week., showing more panic and fear. If there was more greed, it was of the bearish variety. There is an awful lot of red ink on our weekly change table below, with feed grains down 8% or more, and wheat dropping 10 to 13%. The commodity markets were under press [...]Alan BruglerFri, 11 Mar 2011 15:21:00 GMT23276http://www.agweb.com/blog/Market_Watch_208/welcome_to_volatility/Implied volatility in corn peaked at 45% this past week, the highest reading since last October. In March of 2010, it was only around 31%. Cotton implied volatility has been around 60% since mid-February, so corn is still comparatively quiet compared to what COULD happen. Past performance is, of cou [...]Alan BruglerFri, 18 Mar 2011 15:26:00 GMT23327http://www.agweb.com/blog/Market_Watch_208/march_madness_2011_edition/The NCAA basketball tournament has the nickname March Madness but those soon to be 8 remaining teams don’t have a corner on unexpected outcomes or big plays. Cotton futures continued to trade in mostly limit move increments from day to day. Grains and livestock were just manic-depressive, swinging f [...]Alan BruglerFri, 25 Mar 2011 16:18:00 GMT23380http://www.agweb.com/blog/Market_Watch_208/no_foolinthe_bulls_are_still_alive/The calendar has turned to April and a young man’s thoughts turn to ....spring planting! Well, at least for the two million folks USDA classifies as farmers in the United States. For the rest of the world, the focus is about what it was in March. Regime change is still in the air in the Middle East [...]Alan BruglerFri, 01 Apr 2011 14:23:00 GMT23421http://www.agweb.com/blog/Market_Watch_208/crude_realities/The crude oil market surged to the highest prices since 2008 this week, aided by instability in what seemed like half the countries in the Middle East. The US dollar also sank to the lowest level since November of 2010 after the ECB raised interest rates in Europe to 1.25% vs. US rates at 0.25%. Tha [...]Alan BruglerFri, 08 Apr 2011 16:04:00 GMT23465http://www.agweb.com/blog/Market_Watch_208/taxing_markets/April 15th is the traditional day when tax filings are due in the United States, along with any money due for last year. Due to a quirk in the schedule, taxpayers have until April 18th this year. However, the futures markets for agricultural markets have been taxing in their own way. The volatility [...]Alan BruglerFri, 15 Apr 2011 16:30:00 GMT23513http://www.agweb.com/blog/Market_Watch_208/98_pound_weakling/Weekly Ag coverage, with coverage of the dollar. Alan BruglerThu, 21 Apr 2011 15:55:00 GMT23544http://www.agweb.com/blog/Market_Watch_208/april_showers,_may_flowers/Rain, makes grain, but first makes pain if you haven’t planted. And if you haven’t seen any rain, it is painful indeed...... Texas locations run from 2 to 9 inches below normal accumulations since January 1, and of course were in deficit before that. South Dakota locations were 111 to 162% of norma [...]Alan BruglerFri, 29 Apr 2011 15:46:00 GMT23617http://www.agweb.com/blog/Market_Watch_208/heading_for_the_hills/Massive price swings were the hallmark of the first week of May. Alan BruglerFri, 06 May 2011 16:22:00 GMT23664http://www.agweb.com/blog/Market_Watch_208/greasing_the_slide/Greek debt issues came to the surface again this week, torpedoing a rally in the euro and strengthening the US dollar index (which is weighted heavily to the euro). GDP growth in the northern portion of the EU has been solid, but the southern countries lag. The stronger dollar was a headwind for com [...]Alan BruglerFri, 13 May 2011 15:31:00 GMT23715http://www.agweb.com/blog/Market_Watch_208/instability/May 20, 2011Alan BruglerFri, 20 May 2011 15:41:00 GMT23764http://www.agweb.com/blog/Market_Watch_208/water,_water_everywhere/The USGS is showing flooding at 238 of its 4865 gauges across the United States. Places from Montana to Maine to Louisiana have more water than the rivers can hold, and those rivers are spilling out in to cropland and making it unavailable for farming. The US Army Corps of Engineers indicted that fl [...]Alan BruglerFri, 27 May 2011 15:22:00 GMT23836http://www.agweb.com/blog/Market_Watch_208/prices_are_rising,_the_devils_to_pay/Above normal temps are seen for most of the next two weeks in the central US as the drought area in Texas refuses to move. The long range weather forecasts suggest drying and likely planting progress in OH and IN but with further delays in the Dakotas as above normal precip continues there. “Planned [...]Alan BruglerFri, 03 Jun 2011 15:40:00 GMT23886http://www.agweb.com/blog/Market_Watch_208/the_big_muddy/n a quirk of the Internet, if you search for “Big Muddy” it comes up as a nickname for the Mississippi River. If you search for nicknames for the Missouri River, you come up with “Big Muddy”. The flooding on the river has also muddied the picture for US corn and soybean production. USDA on Thursday [...]Alan BruglerFri, 10 Jun 2011 15:36:00 GMT23923http://www.agweb.com/blog/Market_Watch_208/livestock_eat_grains_lunch/Marketwatch June 16, 2011Alan BruglerFri, 17 Jun 2011 15:33:00 GMT23974http://www.agweb.com/blog/Market_Watch_208/where_the_wild_things_are/Alan BruglerFri, 24 Jun 2011 15:57:00 GMT24026http://www.agweb.com/blog/Market_Watch_208/where_is_that_bottle_rocket/As we head into the July 4th weekend, the corn and wheat markets look like they are in need of a booster rocket. They have clearly lost their bullish momentum since the Russians announced that they were getting back into the export market. Maybe we can strap a few leftover bottle rockets or Roman [...]Alan BruglerFri, 01 Jul 2011 15:24:00 GMT24078http://www.agweb.com/blog/Market_Watch_208/heating_up/Marketwatch July 8, 2011Alan BruglerFri, 08 Jul 2011 15:19:00 GMT24127http://www.agweb.com/blog/Market_Watch_208/old_fashioned_weather_market/While we can’t ignore the role of the investment crowd, price action this week in the grains was as close to an old fashioned weather market as we have come for a while. Above normal temps have been building over the eastern 2/3 of the US. Tthe Texas drought has joined with typical summer highs to f [...]Alan BruglerFri, 15 Jul 2011 16:06:00 GMT24181http://www.agweb.com/blog/Market_Watch_208/a_leaky_dome/It is still a weather market, but the choice of which weather forecast to emphasize can shift daily. The Midwest is cooling down for a few days as the ridge shifts south and weakens. Will it warm up again? As the saying goes “It ain’t over until it’s over!” Alan BruglerFri, 22 Jul 2011 16:22:00 GMT24228http://www.agweb.com/blog/Market_Watch_208/fools_gold/Gold futures set a new all time high of $1634.90 this past week. Fool’s gold is of course a rock that has gold coloration but no real gold in it. In this case, the gold is real, but investors are worried about the value of the currencies being used to buy it. Ag Commodity prices were mixed, with gra [...]Alan BruglerFri, 29 Jul 2011 16:10:00 GMT24277http://www.agweb.com/blog/Market_Watch_208/dog_bites/The Dogs of the Dow refers to a strategy for buying the most beaten up members of the Dow Industrials, expecting them to outperform in the future and revert to the mean. At points this week it seemed like the entire world equity market was a big collection of dogs. The market went from worrying abou [...]Alan BruglerFri, 05 Aug 2011 15:22:00 GMT24320http://www.agweb.com/blog/Market_Watch_208/august_volatility/August has not shown any of the dog days characteristics were referred to last week. The stock markets were incredibly volatile, with daily swings of more than 400 points in the Dow. Commodities were also volatile, with gold setting a new all time high in nominal dollars. Grains played along, but mo [...]Alan BruglerFri, 12 Aug 2011 16:20:00 GMT24385http://www.agweb.com/blog/Market_Watch_208/fleeing_all_but_food_and_gold/While the stock market action wasn’t as volatile as the previous week, the fear factor was just as pernicious. The US dollar index fought with the euro over who was the ugliest dog, with neither winning as far as we can see. The real winners were gold bugs and those hoping for the destruction of the [...]Alan BruglerFri, 19 Aug 2011 15:29:00 GMT24439http://www.agweb.com/blog/Market_Watch_208/it_glitters_but_is_it_gold/Gold is clearly in a parabolic move to a blow off top, but those can go further than you think before the tipping point is found. It shook off a nasty correction to close higher on Friday. The Fed Chairman’s speech was seen as neutral to friendly. Corn and soybeans were also glittering, with Dec co [...]Alan BruglerFri, 26 Aug 2011 15:48:00 GMT24481http://www.agweb.com/blog/Market_Watch_208/race_to_the_bottom/Corn yield guesses were spiraling lower all week, from 149.1 bpa down to 143 on Friday. It appeared to be a contest to see who could put out the lowest number, a race to the bottom. Soybeans weren’t immune, with FCStone lowering their bean yield estimate to 41.05 bushels and Linn Group at 41. Will U [...]Alan BruglerFri, 02 Sep 2011 15:33:00 GMT24527http://www.agweb.com/blog/Market_Watch_208/things_have_changed/The commodity markets have changed since 9/11/01. Gold futures on 9/11/01 closed at $275.60. On 9/9/11 they were $1,856.40. That is a 673% rise. Nearby corn futures were $2.14¼ back then. This Friday they were $7.26, a 338% increase. The Dow Jones Industrial Average was at 9605.51 on 9/10/01 and 109 [...]Alan BruglerFri, 09 Sep 2011 15:43:00 GMT24554http://www.agweb.com/blog/Market_Watch_208/persistent_selling/The livestock industry had a good week, with higher selling prices available in the futures, and plunging grain prices. There was persistent selling in grains all week, following the USDA production reports on Monday morning. The USDA numbers were actually as bullish as anticipated (except maybe for [...]Alan BruglerFri, 16 Sep 2011 16:07:00 GMT24603http://www.agweb.com/blog/Market_Watch_208/twisted/Marketwatch 9/23/2011Alan BruglerFri, 23 Sep 2011 16:09:00 GMT24670http://www.agweb.com/blog/Market_Watch_208/cash_in_the_parking_lot/Investors, speculators, commercials were all leaving the financial markets this week. They were leaving just about everything and parking the cash in US treasuries. Alan BruglerFri, 30 Sep 2011 14:38:00 GMT24715http://www.agweb.com/blog/Market_Watch_208/a_change_in_the_weather/Alan BruglerFri, 07 Oct 2011 15:57:00 GMT24797http://www.agweb.com/blog/Market_Watch_208/volatility_is_still_here/Traditionally, price volatility in the ag commodities peaks in the summer and declines in the fall and winter. The crop sizes become better known, and demand components tend to shift more slowly. It sure doesn’t look like the market is any hurry to go to sleep this fall. We had the first ever 40 cen [...]Alan BruglerFri, 14 Oct 2011 16:07:00 GMT24866http://www.agweb.com/blog/Market_Watch_208/whither_goest_the_economy/At times the media make it look like we’re in another recession, but the numbers don’t say that. They point to slow growth, which is a better environment for commodity consumption. The wild card is still Europe, the crisis that keeps on giving. And if you are reading this, the world didn’t end on Oc [...]Alan BruglerFri, 21 Oct 2011 15:16:00 GMT24926http://www.agweb.com/blog/Market_Watch_208/the_euro_and_dollar_connection/The dollar dropped hard this week vs. most of the major currencies. The European crisis abated with some decisions made on how to handle Greek sovereign debt, allowing a huge pop in the euro. Even the Chinese yuan was allowed to rise against the dollar. Dollar weakness is always ‘compared to what?’ [...]Alan BruglerFri, 28 Oct 2011 15:05:00 GMT24984http://www.agweb.com/blog/Market_Watch_208/blazing_saddles/The cattle market bulls had a fire lit under them when cash cattle traded at $124 and $197 in the north early in the week. Alan BruglerFri, 04 Nov 2011 14:48:00 GMT25061http://www.agweb.com/blog/Market_Watch_208/veterans_day/All of the commodities we watch were lower on the week except for Minneapolis wheat and ICE cotton. Those drops came despite weakness in the US dollar that typically would support commodity prices in dollar terms. Index fund selling of the Dec futures weighed on several markets, although cotton was [...]Alan BruglerFri, 11 Nov 2011 15:01:00 GMT25136http://www.agweb.com/blog/Market_Watch_208/tough_export_environment/The main idea of the week is that exports of commodities are going to be a tough slog. As they say, high prices cure high prices. Global production is up for many commodities. Demand is rising in Asia and South America, but iffy for the EU due to all the de-leveraging that is taking place and the au [...]Alan BruglerFri, 18 Nov 2011 15:46:00 GMT25196http://www.agweb.com/blog/Market_Watch_208/a_turkey_of_a_week/The “Euro contagion” theme was in play all week. The euro plunged below the $1.33 handle on Friday, How does this affect US commodities? Investors are selling what is liquid, and parking it in US treasuries regardless of whatever longer term problems the US might have. That has the dollar firmer, a [...]Alan BruglerFri, 25 Nov 2011 17:41:00 GMT25247http://www.agweb.com/blog/Market_Watch_208/mostly_black_ink/It turns out that much of the Thanksgiving weakness may have been due to traders parking money for ....Thanksgiving. A flood of buying came back into the commodities and equities markets this week. The S&P had the biggest up week since March 2009, with a coordinated global central bank intervention [...]Alan BruglerFri, 02 Dec 2011 16:40:00 GMT25311http://www.agweb.com/blog/Market_Watch_208/trying_to_kill_the_futures_market/It seems at times like events are conspiring to kill off the futures market. An estimated 50,000 traders still have a good chunk of their money tied up in bankrupt MF Global accounts, and $1.2 billion is still reported missing. The House is holding hearings to find out where the money went, and the [...]Alan BruglerFri, 09 Dec 2011 16:12:00 GMT25389http://www.agweb.com/blog/Market_Watch_208/golden_opportunity_for_commodities/It was not a good week to be a gold bug. The bad news was still flying in Europe, and the euro dropped below $1.30 for a while. In some recent weeks, euro weakness had been accompanied by gold buying. Gold, however, was down 7% for the week.So why is this a golden opportunity for commodities? Most o [...]Alan BruglerFri, 16 Dec 2011 15:38:00 GMT25455http://www.agweb.com/blog/Market_Watch_208/prices_thaw_out/MarketWatch December 23, 2011Alan BruglerFri, 23 Dec 2011 15:45:00 GMT25524http://www.agweb.com/blog/Market_Watch_208/goodbye_2011/By almost any definition, 2011 was a crazy year. You had new all time highs for cattle and corn and cotton, but not in wheat or soybeans. You saw a rash of new governments formed, or at least the old governments thrown out, in North Africa. Others are hanging on in Syria and Yemen. The European Unio [...]Alan BruglerFri, 30 Dec 2011 14:41:00 GMT25568http://www.agweb.com/blog/Market_Watch_208/a_dollar_weather_market/Weather markets are notoriously difficult to trade. Between different weather models and shifting emphasis on critical time frames it is tough to consistently anticipate what the hot money is looking at or reacting to. The task is even more difficult when the weather and crop conditions in question [...]Alan BruglerFri, 06 Jan 2012 15:42:00 GMT25634http://www.agweb.com/blog/Market_Watch_208/winter_games/The term Winter Games usually applies to the Winter Olympics. Those won’t happen until February 2014 in Sochi, Russia. We’re talking about market games, the kind that are played around USDA reports and other major news events. For the January 12 USDA reports, the grain bears were the clear winners, [...]Alan BruglerFri, 13 Jan 2012 15:56:00 GMT25731http://www.agweb.com/blog/Market_Watch_208/grains_try_to_rally/The stock market rallied more than 2% this past week, feeling better about the economy and about Europe. Corn and soybeans also rallied, looking toward better demand. Wheat was a hanger-on, with large projected global ending stocks a wet blanket to put out bullish fires. Cattle got the bullish memo, [...]Alan BruglerFri, 20 Jan 2012 15:28:00 GMT25802http://www.agweb.com/blog/Market_Watch_208/a_dollar_slide_helps_a_lot/The US dollar index has been in retreat for 10 trading sessions, a full two weeks. It is down 3.4% since January 13 and down 1.7% this week. The decline has helped support commodities priced in dollars. All of the grains we track were up more than the buck was down, with fundamental factors adding [...]Alan BruglerFri, 27 Jan 2012 16:18:00 GMT25868http://www.agweb.com/blog/Market_Watch_208/warming_up/Midwest weather has been warmer than normal, and the grain markets have warmed up a little as well. Potentially tighter stocks in South America, the Black Sea area and South Africa got trade attention. Cotton also finished strong this past week, thanks to a drop in the unemployment rate to 8.3% and [...]Alan BruglerFri, 03 Feb 2012 17:55:00 GMT25945http://www.agweb.com/blog/Market_Watch_208/waiting_for_spring/USDA made a few changes in the February reports, but not much that was a surprise to the trade. Now we’re mostly hanging around waiting to see what USDA rolls out for 10-year projections and 2012 production and S&D balances at the Outlook Forum. Producers are also keeping an eye on the guarantee pri [...]Alan BruglerFri, 10 Feb 2012 16:42:00 GMT26023http://www.agweb.com/blog/Market_Watch_208/uniform_opinion/It is pretty rare to see all of the commodities we track higher in the same week. Particularly rare when inflation is supposed to be pretty tame. The dollar wasn’t even weaker, advancing 1% on the week. Admittedly the USD was down on Thursday and Friday ahead of a three day weekend. Demand is seen a [...]Alan BruglerFri, 17 Feb 2012 15:09:00 GMT26090http://www.agweb.com/blog/Market_Watch_208/oily_situation/Oil and oilseeds dominated the market action this week, although corn also got a lot of attention via the USDA Outlook Forum and the first “armchair estimates” from USDA for 2012/13 production and consumption. Crude oil (WTI) rose to $109.70, up $1.87/barrel on Friday. That was the highest weekly cl [...]Alan BruglerFri, 24 Feb 2012 15:44:00 GMT26157http://www.agweb.com/blog/Market_Watch_208/rolling_on/Soybean futures have continued to march higher, ignoring rain in a few still growing areas of Argentina and southern Brazil, a sometimes firmer US dollar, and overbought technical conditions. Money flow is a factor, with the Managed Money (spec funds) continuing to add long positions in the bean com [...]Alan BruglerFri, 02 Mar 2012 17:31:00 GMT26241http://www.agweb.com/blog/Market_Watch_208/ready_or_not,_spring_is_here/The calendar may say that Spring doesn’t begin until March 20, but it sure seems we’re already there. Daylight savings time begins this weekend (March 11). The weather clearly thinks it is spring, with temperatures for much of the US as much as 20 degrees above normal in the 6-10 day forecast. The o [...]Alan BruglerFri, 09 Mar 2012 16:27:00 GMT26302http://www.agweb.com/blog/Market_Watch_208/the_long_march/The historical Long March was a 370 day retreat by the Chinese Communist armies in 1934-35 during their civil war with the Chinese Nationalists. Our Long March refers to the soybean rally, which has now stretched for 63 market days and more than 3 calendar months. The Chinese are also key players in [...]Alan BruglerFri, 16 Mar 2012 16:51:00 GMT26367http://www.agweb.com/blog/Market_Watch_208/a_storm_is_brewing/With much above normal temperatures throughout much of the country east of the Rockies, talk about unusual weather has been widespread. It is just too warm, too early. Typically, we hear “we’re gonna pay for this, somehow”. Some figure tornadoes, others figure a late freeze due to all the vulnerable [...]Alan BruglerFri, 23 Mar 2012 15:56:00 GMT26446http://www.agweb.com/blog/Market_Watch_208/out_like_a_lion/he traditional saying says that the month of March comes “in like a lion and out like a lamb”. In other words, blustery early and warm and gentle late. The weather has been pretty weird this year, though! The market weather definitely ended the month in lion mode, with huge daily gains on Friday fo [...]Alan BruglerFri, 30 Mar 2012 14:00:00 GMT26518http://www.agweb.com/blog/Market_Watch_208/caution_abounds/For the most part, the first week of April was a more sedate affair, with money flows as soft as the warm April breezes. Caution was evident in both the market and the field. Ag producers mostly refused to be seduced by excellent planting conditions and kept the corn planter in the shed. USDA showed [...]Alan BruglerFri, 06 Apr 2012 15:37:00 GMT26571http://www.agweb.com/blog/Market_Watch_208/beans__cotton_carry_bullish_banner/The soybean and cotton markets continued to move the bull market banner forward, despite active selling in corn and wheat and hogs. USDA helped both bulls by reducing projected ending stocks to 250 million bushels of soybeans and 3.4 million bales of cotton. Alan BruglerFri, 13 Apr 2012 15:46:00 GMT26641http://www.agweb.com/blog/Market_Watch_208/red_and_china/A look at the weekly change table shows mostly red numbers, net weekly losses. The main black numbers were for soybeans & soybean meal, which both saw a lift due to buying by the PRC (formerly known as Red China to those of us growing up in the 1960’s). Corn had rumors of Chinese buying, but dropped [...]Alan BruglerFri, 20 Apr 2012 15:35:00 GMT26713http://www.agweb.com/blog/Market_Watch_208/good_week_for_grains,_not_for_livestock/The grain markets rallied, as low prices cured low prices in the feed grains, and the looming shortage of soybeans and soy products kept the soybean complex on the march. On the other hand, livestock prices were under pressure. Speculative funds have a huge short position built up, and profited grea [...]Alan BruglerFri, 27 Apr 2012 15:36:00 GMT26790http://www.agweb.com/blog/Market_Watch_208/big_downs,_small_ups/Churchill Downs may have the Kentucky Derby this week, but those mint julep drinking folks have no corner on down markets. The ag markets had some big down moves in things like wheat and hogs and cotton, but the commodities in the plus column like corn and cattle were up less than 2.5% while the los [...]Alan BruglerFri, 04 May 2012 15:53:00 GMT26868http://www.agweb.com/blog/Market_Watch_208/unstable/While the world is always an unstable place, where you can’t even measure the exact location of an electron, some periods in time seem to offer more instability than others.JP Morgan announced that it had lost $2 billion on CDS derivatives trading, some by a trader nicknamed the “whale of London”. A [...]Alan BruglerFri, 11 May 2012 16:02:00 GMT26960http://www.agweb.com/blog/Market_Watch_208/baking_bread/Wheat futures were the story of the week, surging 16.5% in Chicago and 15.6% in KC July. A combination of things drove the rally, including tighter projected world stocks in 2012/13, sub-freezing temps in northern France and Germany that could have damaged some grain, dryness in parts of southern Ru [...]Alan BruglerFri, 18 May 2012 15:18:00 GMT27017http://www.agweb.com/blog/Market_Watch_208/in_memory_of_the_bulls/Every commodity on our tracking list was in the red this week, showing a loss from the previous Friday close. Since it is Memorial Day weekend, it might be fitting to also remember the brave bulls who got us to $7.99 corn in 2011 and $15.09 soybeans in 2012. They are gone but not forgotten. Why are [...]Alan BruglerFri, 25 May 2012 16:19:00 GMT27097http://www.agweb.com/blog/Market_Watch_208/losing_week_for_most/Most of the ag commodities we track were lower last week, hurt by an ongoing rally in the US dollar, poor US export sales and a flight of speculative/investor money out of the markets and into low yielding US Treasury debt. The money won't stay there long, but the exodus hurt equity and commodity pr [...]Alan BruglerFri, 01 Jun 2012 13:59:00 GMT27146http://www.agweb.com/blog/Market_Watch_208/hot_or_dry_-_you_pick/How do we know it is a weather market? When lousy export sales reports fail to break it, or when a strong dollar index rally ahead of the weekend is ignored. Weather forecasts are abundant, and you can always find weather guy A to disagree with weather girl B. The agreement is that above normal temp [...]Alan BruglerFri, 08 Jun 2012 16:26:00 GMT27207http://www.agweb.com/blog/Market_Watch_208/rain_makes_grain,_maybe/The crop weather situation was mixed, with the WCB definitely getting rain and cooler temps. The US model saw relief for the ECB out in the mid-range forecasts, but the European model leaned drier than the other as the trade went home on Friday. New crop futures were mostly lower, amid perceptions ( [...]Alan BruglerFri, 15 Jun 2012 16:01:00 GMT27269http://www.agweb.com/blog/Market_Watch_208/drought_area_expanding,_weather_models_disagree/The weekly Drought Monitor map released on Thursday confirmed a big expansion in the area of the country under at least one level of drought rating. ​Alan BruglerFri, 22 Jun 2012 14:57:00 GMT27317http://www.agweb.com/blog/Market_Watch_208/big_bang_theory/The 4th of July may not occur until Wednesday, but the markets were shooting off fireworks all week. The grand finale was on Friday, with Gold up $50/ounce, crude oil up more than $6 per barrel and the dollar plummeting after the two day EU meeting offered some fresh solutions to the “crisis that ke [...]Alan BruglerFri, 29 Jun 2012 15:35:00 GMT27386http://www.agweb.com/blog/Market_Watch_208/hotter_than_a_firecracker/Thousands of new high temperature records have been set across the US this week. While not as hot as a firecracker (up to 2000 deg Celsius in some of the big shells), the weather was plenty hot. Due to damage to the growing crop, the corn market was even hotter. Soybeans and wheat came along for the [...]Alan BruglerFri, 06 Jul 2012 16:26:00 GMT27438http://www.agweb.com/blog/Market_Watch_208/not_a_cloud_in_the_western_sky/Crop ratings down; prices upAlan BruglerFri, 13 Jul 2012 16:14:00 GMT27493http://www.agweb.com/blog/Market_Watch_208/blazing_hot/Well over one thousand US counties have already been declared eligible for disaster loans because of the drought. It is hot, and it is dry. Many US states are looking at the highest average temperature for July ever, or the second highest. It is always hot in the summertime, but this heat is bad for [...]Alan BruglerFri, 20 Jul 2012 16:19:00 GMT27533http://www.agweb.com/blog/Market_Watch_208/showers_too_late_for_corn/This week we saw some rains in the Midwest and High Plains but areas were spotty and amounts had a wide variance. There were also high winds in some areas that literally flattened the corn with the corn mining the stalk to fill the ear. Since mid June moderate drought ratings for the continental U.S [...]Alan BruglerFri, 27 Jul 2012 17:56:00 GMT27582http://www.agweb.com/blog/Market_Watch_208/how_much_does_it_take_/How much rain does it take to revive the US soybean crop? How much does it take to stop the erosion in US corn yields? How much additional pricing “disincentive” does it take to curtail US corn and soybean exports and slow ethanol production further? Alan BruglerFri, 03 Aug 2012 15:47:00 GMT27627http://www.agweb.com/blog/Market_Watch_208/mega_reports/These are mega reports, these summer crop reports in tight stocks situations. As an example, trading volume in Dec corn was over 100 million bushels in the first 5 minutes after the release of the report. Of course, anyone who bought on that bullish frenzy and stuck around for the rest of the day wa [...]Alan BruglerFri, 10 Aug 2012 16:21:00 GMT27680http://www.agweb.com/blog/Market_Watch_208/working_it_out/How much rain does it take to revive the US soybean crop? How much does it take to stop the erosion in US corn yields? How much additional pricing “disincentive” does it take to curtail US corn and soybean exports and slow ethanol production further? These are the questions the grain markets are sti [...]Alan BruglerFri, 17 Aug 2012 16:02:00 GMT27736http://www.agweb.com/blog/Market_Watch_208/harvest_expanding/Judging by the drop off in phone calls to our office, harvest activity picked up sharply this week. Both silage harvest & corn combining were noted up into Minnesota and South Dakota. Missouri producers were hitting it hard, with much of their corn fully mature. Further north, harvesting was mostly [...]Alan BruglerFri, 24 Aug 2012 15:47:00 GMT27802http://www.agweb.com/blog/Market_Watch_208/isaac,_the_drought_buster/The long term drought forecast still shows most of the central US in drought conditions through the end of October. However, Hurricane Isaac may change that forecast a little bit, if we are to believe the QPF models with their 5 to 8 inch rain accumulations over a 5 day period. These are a direct ou [...]Alan BruglerFri, 31 Aug 2012 15:27:00 GMT27864http://www.agweb.com/blog/Market_Watch_208/wheat_is_the_exception/Wheat was the bull leader this week, with all three exchanges closing higher. Minneapolis was the weakest of the three markets, due to excellent US and Canadian yields. KC and Chicago also rallied, despite middle of the road US export sales and aggressive Russian, Romanian and Ukrainian sales of whe [...]Alan BruglerFri, 07 Sep 2012 16:24:00 GMT27933http://www.agweb.com/blog/Market_Watch_208/easing_through_harvest/USDA’s crop estimates on Wednesday were the main fundamental news event, but in broad commodity market terms the Fed announcement of the implementation of the QE3 easing program became the price driver. The Fed indicated that it would buy $40 billion per month of MBS for as long as needed to lower l [...]Alan BruglerFri, 14 Sep 2012 16:05:00 GMT27993http://www.agweb.com/blog/Market_Watch_208/dive,dive,dive/In a move reminiscent of World War II submarine movies, the bean market, and to a lesser degree corn went into a steep dive this week. November soybeans lost $1.17 per bushel for the week! While it is tempting to blame the drop on improved yield reports coming out of US fields, the big picture is a [...]Alan BruglerFri, 21 Sep 2012 16:04:00 GMT28051http://www.agweb.com/blog/Market_Watch_208/quarterly_news_is_big_once_more/We’ve seen this movie before. The markets grind lower for weeks, expecting burdensome USDA numbers in a quarterly Grain Stocks report. We get technically oversold, and then USDA ‘s real numbers turn out to be more bullish than the crowd’s assumption. The result is a limit up move as many are caught [...]Alan BruglerFri, 28 Sep 2012 16:56:00 GMT28128http://www.agweb.com/blog/Market_Watch_208/waiting_for_a_connecting_flight/Market activity this week kind of reminded us of waiting at an airport for a connecting flight. You are part way to the objective and just waiting for something to happen. While you are waiting, there can be some commotion (like a whole flight of people being told that their gate has changed) and bo [...]Alan BruglerFri, 05 Oct 2012 16:06:00 GMT28195http://www.agweb.com/blog/Market_Watch_208/landing_on_some_hard_numbers/Continuing our airport analogy from last week, we made our connecting flight on Thursday, with USDA rolling out some in some cases surprising crop numbers. The corn market caught a tailwind from tight projected US and world corn ending stocks, while the bean bulls had to return to the runway because [...]Alan BruglerFri, 12 Oct 2012 16:13:00 GMT28254http://www.agweb.com/blog/Market_Watch_208/things_/In nominal dollars corn futures are up 406% since Black Monday in 1987. Soybeans are up 280%. Nearby Chicago wheat is up 283%. Nearby cattle futures are up 184%. The Dow? Using the same Monday morning pre-crash value as the others, it is up 594%. Alan BruglerFri, 19 Oct 2012 16:27:00 GMT28306http://www.agweb.com/blog/Market_Watch_208/spooks,_ghosts_and_graveyards/It is tempting to use various Halloween adjectives in a pre-holiday column like this one. Too tempting for me to refrain! here are of course ghosts of bull markets past, but they fly in all directions from here. For our primary theme, we settle on bulls being spooked by poor export sales, with corn [...]Alan BruglerFri, 26 Oct 2012 15:34:00 GMT28369http://www.agweb.com/blog/Market_Watch_208/the_more_the_merrier/Corn futures eked out a gain of 2 cents for the week. Ongoing poor export sales have limited price advances, along with competition from feed wheat and Brazilian corn. Brazilian corn exports during October were record large at 3.6 MMT. US Weekly export sales were again very weak at only 167,900 MT. [...]Alan BruglerFri, 02 Nov 2012 15:58:00 GMT28433http://www.agweb.com/blog/Market_Watch_208/voting_with_their_feet/The US stock market saw some minor short covering on Friday, but had a huge loss for the week which began as soon as election results were announced on Tuesday night. The Dow and S&P had their largest loss in more than 5 months. Traders & investors were voting with their feet and dumping stocks to a [...]Alan BruglerFri, 09 Nov 2012 16:07:00 GMT28520http://www.agweb.com/blog/Market_Watch_208/the_commodity_cliff/Much of the discussion for the week centered on the so called fiscal cliff negotiations in Washington. Traders concluded that an increase in capital gains taxes and/or dividend taxes was likely to be part of any solution. That spurred some selling of stocks, and also of commodities. The money appear [...]Alan BruglerFri, 16 Nov 2012 15:59:00 GMT28610http://www.agweb.com/blog/Market_Watch_208/turkey_day/The meat consumption focus may have turned to turkey this week, but the commodity markets soared more like an eagle. Of the commodities we track, only cotton was down for the week, and several markets were up more than 2%. A weaker US dollar index this week aided most commodities priced in dollars, [...]Alan BruglerFri, 23 Nov 2012 14:46:00 GMT28665http://www.agweb.com/blog/Market_Watch_208/attitude_determines_altitude/Motivational speaker Zig Ziglar passed away this week. He has a number of sayings credited to him. One of them was “Your attitude, not your aptitude, will determine your altitude.” It doesn’t take much of a mental adjustment to adapt this quote to the markets. Equate altitude to price. Equate aptitu [...]Alan BruglerFri, 30 Nov 2012 16:01:00 GMT28734http://www.agweb.com/blog/Market_Watch_208/over_the_river_and_through_the_woods/A popular old Christmas song talks about riding a sleigh over the river & through the woods. There is enough white & drifted snow to allow the sleigh to slide along on 1 horsepower. The whole thing would be a bit foreign to US farmers in the Plains & western Corn Belt this year. The rivers are dried [...]Alan BruglerFri, 07 Dec 2012 15:46:00 GMT28793http://www.agweb.com/blog/Market_Watch_208/too_many_feed_grains/The global stocks/use ratio is record tight for corn, and the tightest in 4 years for wheat. You couldn’t have guessed that from the price action this week. Prices were very bearish in wheat after the WASDE report on Tuesday and we saw corn dragged down by association. USDA recognized lower than exp [...]Alan BruglerFri, 14 Dec 2012 16:21:00 GMT28872http://www.agweb.com/blog/Market_Watch_208/scrooged/Charles Dickens is best known (at least in the 21st Century) for his novella A Christmas Carol, featuring Tiny Tim, Bob Cratchit and Ebenezer Scrooge. Scrooge was famously tight fisted. For most of this week, it seemed like Scrooge was trading the grain markets, with January soybeans down a full $1 [...]Alan BruglerFri, 21 Dec 2012 15:37:00 GMT28934http://www.agweb.com/blog/Market_Watch_208/low_prices_cure_low_prices/There is a very old market axiom (I’ve been using it for 30 years and I don’t think I started it) that the cure for low prices is low prices. While grain prices are still much higher than they were a couple years ago, they have also come down quite a bit since late August and September. Wheat prices [...]Alan BruglerFri, 28 Dec 2012 16:51:00 GMT28975http://www.agweb.com/blog/Market_Watch_208/new_year,_old_story/The calendar may say that we began a new year on Tuesday, but thus far 2013 has looked a lot like the tail end of 2012. Fund traders have been exiting commodity positions because of investors shifting money to other asset classes or because of putrid export sales achievements or just because the 201 [...]Alan BruglerFri, 04 Jan 2013 15:58:00 GMT29018http://www.agweb.com/blog/Market_Watch_208/midday_usda/USDA changed their release times for grain reports in 2013, releasing them this morning at 11 am CST instead of the traditional 7:30 am. That gave the trade only 3 hours to play with the numbers before the weekend. Friday was a win for those arguing that releasing reports in mid-session cuts down th [...]Alan BruglerFri, 11 Jan 2013 16:22:00 GMT29090http://www.agweb.com/blog/Market_Watch_208/the_sky_is_falling/Chicken Little is famous for running around proclaiming that “the sky is falling”. While the chicken’s conclusion was based on a false assumption (an acorn to the head caused the belief), you can’t excuse cattle traders from feeling a little bit like that same sky fell in on them this week (with a s [...]Alan BruglerFri, 18 Jan 2013 15:45:00 GMT29155http://www.agweb.com/blog/Market_Watch_208/redemption_of_the_bulls/Last week we talked about the collapse of the cattle futures market following the Cargill plant closing announcement. We suggested that the number of cattle had not changed, and the market would firm up once the soon to be homeless cattle found another place to go. That happened quickly, at least in [...]Alan BruglerFri, 25 Jan 2013 15:58:00 GMT29210http://www.agweb.com/blog/Market_Watch_208/some_bullish_attitudes/It was an “up” week for most of the ag commodities, excluding the wheat and oats. The wheat market is all dressed up with nowhere to go. The US offering is cheap vs. most countries right now, but end users appear to be temporarily well covered. India also appears to have a large crop coming on, resu [...]Alan BruglerFri, 01 Feb 2013 15:46:00 GMT29266http://www.agweb.com/blog/Market_Watch_208/bullish_attitudes_evaporate/It was a “down” week for most of the ag commodities, excluding the rice and oats. The latter were up 7.4%, but if the axiom is correct that “oats knows where corn goes”, corn hasn’t yet received the memo. The evaporation of bullish attitudes was particularly notable in soybeans, which did an abrupt [...]Alan BruglerFri, 08 Feb 2013 15:52:00 GMT29336http://www.agweb.com/blog/Market_Watch_208/over_and_over_and_over/Corn was down for 10 days in a row before bouncing on Friday. Gold sank nearly $28 per ounce on Friday alone. Hogs were under pressure, wheat was down again. You get the picture; Selling over and over and over. It was broad based, with the CRB Index falling for the week. Barclays indicated that it [...]Alan BruglerFri, 15 Feb 2013 16:13:00 GMT29403http://www.agweb.com/blog/Market_Watch_208/commodities_no_thank_you/Sequestration talk, speculation about rising interest rates, a rising dollar; they all fueled the bearish sentiment towards most commodities that continued this week. Gold and crude oil were hard hit. Soybeans and Soy meal were higher for the week; oats were up too and cotton snuck out a positive w [...]Alan BruglerFri, 22 Feb 2013 20:45:00 GMT29467http://www.agweb.com/blog/Market_Watch_208/spring_is_coming,_change_is_in_the_air/After weeks of snow or rain in the North East, the Southern Plains and the Midwest, accompanied by back to back weekly losses for much of the agricultural commodities, this week it seems like change is in the air, and not just the typical Spring warm up. Major spending cuts for the federal governme [...]Alan BruglerFri, 01 Mar 2013 16:39:00 GMT29524http://www.agweb.com/blog/Market_Watch_208/in_like_a_lamb,_out_like_a_lion/There is a saying that March “comes in like a lion and goes out like a lamb”. That is mostly a weather statement, alluding to blustery, stormy conditions as winter comes to an end, transitioning to spring warm by the end of the month. The month began in somewhat lamb like fashion, if you count a few [...]Alan BruglerFri, 08 Mar 2013 15:32:00 GMT29593http://www.agweb.com/blog/Market_Watch_208/green_shoots_and_cool_dirt/There are some hints of spring around. The birds are singing, the snow is melting faster, and the days are getting longer. In some places, the crocuses are starting to pop out. Soil temps, on the other hand, are a lot less spring like than they were a year ago. According to the folks at Planalytics, [...]Alan BruglerFri, 15 Mar 2013 16:57:00 GMT29645http://www.agweb.com/blog/Market_Watch_208/market_madness/This week marks the beginning of the NCAA college basketball tournament, popularly nicknamed “March Madness” because of the frequency of shocking game outcomes and the unpredictability of the final winner. The ag world has its own version of March Madness, with the USDA quarterly Grain Stocks and Pl [...]Alan BruglerFri, 22 Mar 2013 15:32:00 GMT29704http://www.agweb.com/blog/Market_Watch_208/market_madness_ii/This weekend marks the next two rounds of the NCAA college basketball tournament, popularly nicknamed the Sweet 16 and Elite 8 games. March Madness continues in that arena, with number 1 and 2 seeded teams being upset. Our Market Madness also continues, and the March 28 Grain Stocks report triggered [...]Alan BruglerThu, 28 Mar 2013 16:29:00 GMT29778http://www.agweb.com/blog/Market_Watch_208/bird_flu_ii/ As if we needed something else to be bearish about grains after the (much) larger than expected grain stocks report, an outbreak of H7N9 (commonly call the bird flu) in China is causing quite a stir in the news. So far six people have died from it, but all picked up the flu from animals; no person [...]Alan BruglerFri, 05 Apr 2013 17:45:00 GMT29852http://www.agweb.com/blog/Market_Watch_208/the_no_theme_theme/Regular readers of this column know that we usually start out with an introductory theme for the week, and then follow with our summaries of the features of the individual commodity markets. This week, our theme is that there really wasn’t a theme. Money was moving in a lot of different directions. [...]Alan BruglerFri, 12 Apr 2013 17:14:00 GMT29906http://www.agweb.com/blog/Market_Watch_208/a_cold_and_wet_weather_picture/There is still drought talk around (central NE has seen less than 3” of moisture January 1), but most of the market has switched to concerns about planting delays because of heavy rains. The map below shows the 7 day accumulations, with totals of 4 to 5 inches in parts of IA, MO, IL, IN and MI. In m [...]Alan BruglerFri, 19 Apr 2013 16:46:00 GMT29972http://www.agweb.com/blog/Market_Watch_208/spring_finally_at_hand,_locally/The weather has turned warmer, with more “normal” and even some “above normal” readings. The US weather pattern has also turned a little drier, particularly in the western Corn Belt. The combination means that a few more planters are out of the shed, and a many more farmers are anxious for the soil [...]Alan BruglerFri, 26 Apr 2013 16:46:00 GMT30021http://www.agweb.com/blog/Market_Watch_208/may_showers_bring_may_showers/The usual pattern would be “April showers bring May flowers” and “May showers bring big yields”. This year it seems like May showers just bring more May showers, and in some cases snow drifts. It was snowing in the center of the Corn Belt this morning, while areas further west were melting off some [...]Alan BruglerFri, 03 May 2013 16:01:00 GMT30076http://www.agweb.com/blog/Market_Watch_208/the_coming_global_surplus/The main message from the USDA reports on Friday was abundance. Forecasts for feed grains & oilseeds foresee significant expansion of global ending stocks surpluses if current weather forecasts are accurate. That is a pretty big “if” as we learned in 2012, but it probably isn’t wise to bet the farm [...]Alan BruglerFri, 10 May 2013 16:16:00 GMT30135http://www.agweb.com/blog/Market_Watch_208/roll_on,_big_p/That’s P as in Planter. We finally got a break in the weather for a few days, with a huge jump in average daily temperatures. That was accompanied by wind in some areas, amplifying the soil drying effect. Producers put their new GPS equipped planters to work 18 hours a day or more in some cases, an [...]Alan BruglerFri, 17 May 2013 16:31:00 GMT30201