For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, February 04, 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. …
Chart of the Day – March KC Wheat
The information and opinions expressed below are based on my analysis of price behavior and chart activity Monday, February 3, 2025 March Kansas City Wheat (Daily) As we start “tariff week” the March KC Wheat closed up 6 ½ cents, settling at 5.85 ¾. You might notice that 4 of the past 4 sessions saw the market close above the …
U.S. Delay’s Mexico’s and Canada’s Tariffs Until March, White House Says Trump To Talk With China’s Xi Within 24 Hours – WTI Crude Oil
The March WTI (CLH25) trading session settled at 73.16 (+0.63) [+0.87%], a high of 74.70, a low of 72.05. Cash price is at 72.49 (-0.26), while open interest for CLH25 is at 306,594. CLH25 settled above its 5 day (72.84), below its 20 day (74.68), above its 50 day (71.41), above its 100 day (70.25), above its 200 day (72.07) …
Grain Spreads: Headline Driven
Please join me for a free webinar every Thursday at 3pm Central. We discuss supply, demand, weather and the charts. Sign Up Now Commentary Wheat prices led by the Spring Minneapolis contract rallied this morning on the idea that we may see slower flow out of Canada, due to the 25% tariffs set to start at Midnight tonight against Canada. …