Pick a Card…Any Card: February Live Cattle

John Lunney General Commentary Leave a Comment

February live Cattle      A rather whippy trading session played out in the cattle futures today. The three dollar plus range was the largest seen in over two weeks. The current week’s ATR is , however , relatively small measuring only .275 as compared to the 14 period reading of over 4.00. The market’s advance from the recent low …

Macro Ag

John Walsh Grains Leave a Comment

SOY – The bean market overall had a lackluster day. The oil share lost again today and remains in a lower end of a range.  Weather is the key word today and the primary focus barr anything. this makes little sense to me considering the global growth in the carry , but viewed as a price opportunity I suppose. The weather …

Notes and Bonds Peel Off

James Barrett General Commentary Leave a Comment

The Jerome Powell confirmation hearing before the Senate Banking Committee has come and gone with the new chairman basically affirming the status quo. Revised GDP was adjusted higher to 3.3% this morning bringing in some selling at the long end of the curve. Since there has been a lot of hype in the financial press about a flatter yield curve …

Livestock Report

Ben DiCostanzo General Commentary, Livestock Leave a Comment

Live Cattle The February Live Cattle contract once again held the 124.75 support level Tuesday morning as another attempt to break lower failed. The February contract held the Friday and Monday low (124.35) during the morning selloff, trading to the low of the day at 124.65.  It rallied from here as it once again overtook the 125.50 resistance level and …

Macro Ag

John Walsh Grains Leave a Comment

The markets really are fairly void of volatile moves. the days seem to labor through of late. The oil share made a significant gain back today. Yesterday saw the opposite. Looking down the line. The beans will be focused on the weather in South America. It is early from a calendar perspective. There will be much adjustment in coming days …

Markets heat up, across spectrum

Alan Palmer General Commentary Leave a Comment

Calm before Storm Next 10 days is now time to have alternative strategies and appropriate risk parameters always or you will get carried out and yes, the partner may get involved. US default deal looms?  People tell me I’m nuts, risk is as real as it gets, next few weeks. Markets can be subject to violent turns upon recognition of …

US and South America Grain Weather Report from WxRisk.com

walshtrading General Commentary, Weather Leave a Comment

For the complete report, CLICK HERE. For those interested in Grains and Livestock, every Thursday, Sean Lusk, Director Walsh Commercial Hedging Services and Ben DiCostanzo, Senior Livestock Analyst host a FREE Grain & Livestock Outlook webinar. Sean and Ben will hold their next Grain & Livestock Outlook webinar on Thursday, November 30th. REGISTER NOW. If you cannot attend live, a …

US Energy Weather Issues from WxRisk.com

walshtrading General Commentary, Weather Leave a Comment

For the complete report, CLICK HERE. For those interested in Grains and Livestock, every Thursday, Sean Lusk, Director Walsh Commercial Hedging Services and Ben DiCostanzo, Senior Livestock Analyst host a FREE Grain & Livestock Outlook webinar. Sean and Ben will hold their next Grain & Livestock Outlook webinar on Thursday, November 30th. REGISTER NOW. If you cannot attend live, a …

Livestock Report

Ben DiCostanzo General Commentary, Livestock Leave a Comment

Live Cattle The February Live Cattle contract held the 124.75 support level Monday morning as an early morning attempt to break lower failed. The February contract held the Friday low (124.35), during the first half hour of trading as it matched the low and then proceeded to take out the 125.50 resistance level making a high at 126.275. It ended …

Daily Gold Report

Sean Lusk General Commentary Leave a Comment

Gold futures rose to start the week in impressive fashion. December gold futures gained over $7.00 to close the session at 1294.4. December silver futures rose as well but only slightly to close at 17.02. While today was option expiration for the December contract for gold and silver, volume was heavy in the spot gold contract at just under 300 …