10/21/24 If you would like to receive more information on the commodity markets, please use the link to join our email list Sign Up Now The Livestock Markets were mixed again today, with the Cattle Markets sinking a little lower. December’24 Live Cattle were 50 cents lower today and settled at 186.82 ½. Today’s high was 187.47 ½ …
Walsh Gamma Trader
10/21/24 If you would like to receive more information on the commodity markets, please use the link to join our email list Sign Up Now . I have new trade recommendations in Canola Oil and Soybean Oil . COMMODITY BUY/SELL COST PER CONTRACT EXPIRATION GRAINS MAR’25 SOYBEAN MEAL BUY 300P 9.70 or $970.00/Contract – THREE WEEKS AGO …
Hogs Drift While Cattle Markets Bounce Back
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, October 22, 2024, at 3:15 pm. It is free for anyone who wants to sign up and the link for sign up is below. If you cannot attend live a recording will be sent to your email upon completion of the webinar. …
Pure Hedge – Livestock and Grain
10/18/24 If you would like to receive more information on the commodity markets, please use the link to join our email list Sign Up Now The Livestock Markets bounced back today but did not close well. The Fats closed more than a dollar higher. December’24 Live Cattle were 1.15 higher today and settled at 187.32 ½. Today’s …
Grain Spreads: Corn Demand Resurfaces
Please join me every Thursday at 3pm Central for a free grain and livestock webinar. We discuss supply demand weather and the charts. Sign Up Now Commentary USDA increased its corn yield estimate in each of the last two Crop Production Reports, forecasting it to smash the prior record of 177.3 last year coming in with last Friday’s WASDE report …
Hogs Make New High
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, October 22, 2024, at 3:15 pm. It is free for anyone who wants to sign up and the link for sign up is below. If you cannot attend live a recording will be sent to your email upon completion of the webinar. …
Crude Oil Continues to Catch its Breath – WTI Crude Oil Commentary 10/17/24
The December WTI (CLZ24) trading session settled at 70.09 (+0.27) [+0.39%], had a high of 70.53, a low of 68.89. Cash price is at 70.37 (-0.25), while open interest for CLZ24 is at 299,573. CLZ settled below its 5 day (71.63), below its 20 day (71.18), below its 50 day (71.71), below its 100 day (73.62) and below its 200 …
SPECIAL REPORT: Crude Opportunities
Lots of noise and rumors swirling in Washington D.C regarding Israel’s pending retaliatory attack against Iran that has investors and politicos on edge ahead of the Presidential election. Per the Washington Post, there have been multiple reports earlier this week that unnamed sources in the Biden administration have continued to leak information that Prime Minister Netanyahu has agreed to only …
Oil Takes A Breather – WTI Crude Oil Commentary 10/16/24
The Nov WTI (CLX24) trading session settled at 70.29 (-0.19) [-0.27%], had a high of 70.99, a low of 7. Cash price is at 70.62 (-3.23), while open interest for CLX24 is at 137,889. CLX settled below its 5 day (73.24), below its 20 day (71.80), below its 50 day (71.79), and below its 200 day (74.93) moving-averages. The COT …
Pure Hedge – Livestock and Grain
10/16/24 The Livestock Markets were mixed today, as the Feeders continued to slide lower. December’24 Live Cattle were 7 ½ cents higher today and settled at 186.60. Today’s high was 187.40 and the 1-month high is 188.55. Today’s low was 186.12 ½ and the 1-month low is 178.25 Since 9/16 December’24 Live Cattle are 8.27 ½ higher or more than …