Oil Trends In my opinion, oil prices remain volatile due to persistent geopolitical tensions in the Middle East, which are impacting supply stability. OPEC+ production adjustments, particularly recent output cuts, continue to tighten global supplies. Demand recovery in key markets like China and India, alongside heightened seasonal energy requirements, is likely to keep upward pressure on prices. However, concerns about …
Cattle Markets Make New All-time Highs and Pull-back While Hogs Stabilize
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, January 07, 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
1/3/24 If you would like to receive more information on the commodity markets, please use the link to join my email list Sign Up Now . Here are several different ways to put on a Hedge in the Option Markets. The first is the most basic and would put a floor in your price if the Futures were to break. Buying …
Pure Hedge – Livestock and Grain
1/2/25 If you would like to receive more information on the commodity markets, please use the link to join my email list Sign Up Now . …
Why I Believe Soybeans Are Going Higher
In my opinion, the future looks promising for soybeans, with multiple factors indicating a bullish trend for this important commodity. First, the global demand for soybeans continues to rise, particularly driven by the need for animal feed and plant-based proteins. As countries, especially in Asia, look to expand their meat production, soybeans will remain a key ingredient in animal feed, …
Cattle Markets Celebrate New Year While Hogs Struggle
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, January 07, 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 Futures Break Through 200 Day Moving Average
The February WTI (CLG25) trading session settled at 73.13 (+1.41) [+1.97%], a high of 73.73, a low of 71.79. Cash price is at 71.74 (+0.71), while open interest for CLG25 is at 340,630. CLG25 settled above its 5 day (71.23), above its 20 day (69.71), above its 50 day (69.28), above its 100 day (69.69) and above its 200 day …