Weekly Gold Report

Sean LuskGeneral Commentary

Gold finished the week with its biggest weekly gain in two months on Friday. August gold futures settled 1254.9, up $27.10 for the week. September silver settled 1645.5 up .52 cents for the week. The rally this week comes on two fronts. First, a surging euro pushed the dollar to its weakest since June 2016, making bullion cheaper for holders …

Soybean Complex: Recent Technical Developments

John LunneyGeneral Commentary

September Soybeans      The bean market held trend-line support at 999.4 before pressing higher, as suggested, reaching first line resistance at 1018  following thru to post a high of 1022.2 then easing slightly to finish at 1018.2. Continued upside action will test cross zone resistance at +/- 1028. This area marks the extended weekly ATR reading. A close/hold above …

Hog-Dog days ahead?- get a game plan

Alan PalmerGeneral Commentary, Livestock

I have made this clear but here I share some levels going into the weekend.  I like to think ahead of time how this will start to look and from that some trading ideas will come from that.  Bonds today 3 off high had a sell going into Friday but didn’t even hang in today without dropping back to steady, …

Big Bang Low Risk Trades

Alan PalmerGeneral Commentary, Grains

Good Morning  Farmers, Commercials and Traders,  (late grain snapshot playing lines on bottom) Part of being a successful trader requires having levels that you confident about, followed by a trading methodology that allows you to shoot bigger with a tighter risk profile.  Last month gave a precise example with soybeans where, for instance, if you were a 10 lot trader …

December Corn: Making Sense of It

John LunneyGeneral Commentary

     December Corn       A choppy neutral trading activity seen in today’s market activity. For tomorrow a rise above 399.4 will look to advance. First upside target zone comes in at 404-405. A hold/close above will look to challenge last week’s high 414-417. A break below 391 will look to weaken to test cross zone support at …

More Uncertainty: Soybean Complex

John LunneyGeneral Commentary

September Soybeans      A choppy mild advance unfolds in the bean contract today. Prices hold slip zone to post moderate gains with high set at 1008.4 before easing to finish at 1004. Not a lot of structural clues made apparent to me. I’m left to focus on levels rather than wave analysis to gain any insight. Above 1005 sets …

Final US Grain Weather Report

walshtradingWeather

For the complete report, CLICK HERE. For those interested in grains, Walsh Trading hosts a FREE Grain Outlook Webinar every Thursday at 3PM CST. This webinar is hosted by Sean Lusk, Director Walsh Commercial Hedging Services. Sean will host his next webinar on Thursday, July 20th. REGISTER NOW. If you cannot attend live a recording will be sent to your …

Livestock Report

Ben DiCostanzoGeneral Commentary, Livestock

Live Cattle The August Live Cattle contract remains trapped between the 100 DMA (118.175) and the 200 DMA (114.30). It opened (117.20) just above Monday’s settlement price (116.95) on Tuesday, July 18, 2017 and traded down to the low of the day at 114.775. It spent the remainder of the day consolidating in the lower end of the range (115.45 …