The April WTI (CLJ25) trading session settled at 70.71 (-0.43) [-0.60%], a high of 71.88, a low of 70.50. Cash price is at 71.31 (-0.06), while open interest for CLJ25 is at 274,207. CLJ25 settled below its 5 day (71.62), below its 20 day (72.50), below its 50 day (71.47), above its 100 day (70.27), below its 200 day (71.50) …
Pure Hedge – Livestock and Grain
2/14/25 . . If you would like to receive more information on the commodity markets, please use this link to join my email list Sign Up Now . . The Livestock Markets were all lower today, with the Fats losing more than 2.00 and Feeders down more than a buck and a half. The Fats closed lower today …
Cattle and Hogs Fall as we Head into a Long Weekend
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, February 18, 2025, 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. …
The Sinclair Report: Livestock Market Outlook – Cattle, Feeders, and Hogs at Make-or-Break Levels
By John Simpson The livestock markets have experienced significant price swings since February 3rd, with cattle and feeder cattle suffering sharp pullbacks while hogs have diverged, showing strength. As volatility grips the market, traders are watching key technical support and resistance levels to determine the next major moves. In my opinion, the recent action highlights the importance of key price …
Chart of the Day – April Live Cattle
The information and opinions expressed below are based on my analysis of price behavior and chart activity Thursday, February 13, 2025 April Live Cattle (Daily) Today, April Live Cattle closed at 196.525, up .800 on the day. Yesterday’s trade posted a bit of an equilibrium day, to my eye. Not quite a textbook Doji, as there was .100 difference between …
Ukraine Peace Talks Pressure Crude Oil, Israel-Hamas Ceasefire Holds, President Trump Announces “Reciprocal Tariffs”
The April WTI (CLJ25) trading session settled at 71.14 (-0.10) [-0.14%], a high of 71.46, a low of 70.16. Cash price is at 71.37 (-1.95), while open interest for CLJ25 is at 257,011. CLJ25 settled below its 5 day (71.66), below its 20 day (72.80), below its 50 day (71.44), above its 100 day (70.24), below its 200 day (71.52) …
Hogs Pull Back
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, February 18, 2025, 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
2/12/25 . If you would like to receive more information on the commodity markets, please use the link to join my email list Sign Up Now . . The Livestock Markets were mixed today, with the Fats and Feeders staying in a narrow trading range. The Fats closed lower today and settled in the middle of today’s trading …
Chart of the Day – November Soybeans
The information and opinions expressed below are based on my analysis of price behavior and chart activity Wednesday, February 12, 2025 November Soybeans (Daily) November Soybeans closed down 11 ½ cents on Monday, settling at 10.44. Last week prices tested the 200-day moving average (purple line, roughly 10.72 last week, 10.69 today) and have since pulled back some. The 5- …
Crude Oil Sinks After Third Consecutive Week of Inventory Builds
The April WTI (CLJ25) trading session settled at 71.24 (-1.84) [-2.52%], a high of 73.00, a low of 71.03. Cash price is at 73.32 (+0.94), while open interest for CLJ25 is at 239,574. CLJ25 settled below its 5 day (71.46), below its 20 day (73.09), below its 50 day (71.36), above its 100 day (70.22), below its 200 day (71.55) …