December Wheat The information and opinions expressed below are based on my analysis of price behavior and chart activity Tuesday, November 12, 2024 December Wheat tested the 5.50 mark today, posting a low of 5.49 before settling down 13 ¼ on that day at 5.52 ¼. The week has started on a bearish note yesterday, with prices dropping to 5.51 …
Grain Spreads: Lock in May 470 Corn
Please join me for a free grain webinar every Thursday at 3pm Central. We discuss supply, demand, weather, and the charts. Sign Up Now Commentary The Weekly Grain Export Inspections report showed 31.2 million bushels of corn, 83.7 mil bushels of soybeans, and 12.8 mil bushels of wheat inspected for export during the week ending November 7. Mexico is the …
SPECIAL REPORT: Play the Long Game in Natural Gas
The following is my analysis of current global trends and how they may impact the natural gas market. The real driver of economic growth over the past century has been technology. There has over the past two decades a push by G7 nations to look for alternative and renewable energy sources and eliminate their reliance on fossil. Europe has been …
Chart of the Day
The information and opinions expressed below are based on my analysis of price behavior and chart activity Monday, November 11, 2024 December Corn December Corn started off this week closing down a penny from Friday’s close at 4.30. Last’s week’s finish was fairly strong, with the Dec managing to gain 16 ½ cents on the week, and posting it’s best …
Pure Hedge – Livestock and Grain
11/11/24 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 generally higher today, with the Fats unchanged for the day. December’24 Live Cattle were unchanged today and settled at 183.70. Today’s high was 184.25 and the 1-month high is 189.80. …
Hogs Bounce Back
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, November 12, 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. …
Stronger Dollar And Weekend Chinese Data Tanks Crude -3.32%
The December WTI (CLZ24) trading session settled at 68.04 (-2.34) [-3.32%], had a high of 70.56, a low of 67.92. Cash price is at 70.39 (-2.00), while open interest for CLZ24 is at 279,129. CLZ settled above its 5 day (70.92), above its 20 day (70.06), above its 50 day (69.92), below its 100 day (72.74) and below its 200 …
Walsh Gamma Trader
11/11/24 If you would like to receive more information on the commodity markets, please use the link to join our email list Sign Up Now . COMMODITY BUY/SELL COST PER CONTRACT EXPIRATION GRAINS JAN’25 SOYBEAN OIL BUY 50.00 CALL 1.65 OR $990.00/CONTRACT-LAST WEEK WAS 1.03 ½ OR $621.00 46 Days – 12/27/24 DEC’25 CORN ACTIVE CALL FOR …
Pure Hedge – Livestock and Grain
11/8/24 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 all lower today. with the Feeders down almost $3.00. December’24 Live Cattle were 2.12 ½ lower today and settled at 183.70. Today’s high was 184.82 ½ and the 1-month high is …
Hogs and Cattle End Week on a Sour Note
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, November 12, 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. …