This is posted every morning at about 8 AM, before the markets open. Cattle markets post strong Bullish Reversals on Thursday, Hogs continued the pattern of large trading ranges. Grains weaker overnight, led by Wheat, especially KC Wheat. Soybeans and Bean Oil jumped higher on Thursday, Bean Oil appears to be leading the way there. Gold making new contract highs …
Hogs Struggles Continue
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, April 01, 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. …
Oil Finishes Choppy Session Higher
The May WTI (CLK25) contract settled at 69.92 (+0.27) [+0.39%], high of 69.97, low of 69.12. Spot price is 69.65 (+0.62), open interest for CLK25 is 331,359. CLK25 settled above its 5 day (69.18), above its 20 day (67.55), below its 50 day (70.10), above its 100 day (69.71), below its 200 day (70.50) and below its year-to date (70.52) …
5 Minutes on the Markets – 03/27/2025
This is posted every morning at about 8 AM, before the markets open. Cattle markets struggling with direction, Hogs bouncing around long term support/resistance. Bean Oil up sharply this morning, Soybeans following a bit higher. Export Sales were mostly on the lower end of expectations.
Grain Spreads: Wheat Gives it Back
Please join me for a free grain webinar every Thursday at 3pm Central. We discuss supply, demand, weather and the charts along with speculative and hedge ideas. Sign up Now Commentary Pressure to move lower came from the news that Russia and Ukraine agreed to suspend strikes on energy facilities temporarily. The US says it will help Russia boost Ag …
U.S. Crude Inventory Decline Bolsters Oil Prices
The May WTI (CLK25) contract settled at 69.65 (+0.65) [+0.94%], high of 70.22, low of 69.06. Spot price is 69.03 (-0.09), open interest for CLK25 is 327,621. CLK25 settled above its 5 day (68.87), above its 20 day (67.56), below its 50 day (70.19), below its 100 day (69.69), below its 200 day (70.51) and below its year-to date (70.54) …
Pure Hedge – Livestock and Grain
3/26/25 . . 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 higher today. The June’25 Fats settled 35 cents off the high today. June’25 Live Cattle were 70 cents higher today and settled at 203.02 …
The Sinclair Report: Grain Markets Brace for Major USDA Report Amid Technical Inflection Points
Date: March 26, 2025Author: John S. Simpson Jr., Senior Market Strategist, Walsh Trading Grain markets remain in consolidation and technical limbo ahead of the highly anticipated USDA Grain Stocks and Prospective Plantings Report set to release on March 31, 2025. With speculative positioning still in flux and key support levels being tested, we are entering a pivotal moment in the …
5 Minutes on the Markets – 3/26/2025
This is posted every morning at about 8 AM, before the markets open. Livestock futures posting large trading ranges, but Tuesday’s trade gave no clear direction. Grain markets lead lower by Wheat and Corn, Soybeans are working into a corner and Bean Oil has be showing signs of bullish life.
API Reports Big U.S. Petroleum Inventory Draws
The May WTI (CLK25) contract settled at 69.00 (-0.11) [-0.16%], high of 69.68, low of 68.52. Spot price is 69.12 (+0.85), open interest for CLK25 is 331,185. CLK25 settled above its 5 day (68.27), above its 20 day (67.48), below its 50 day (70.29), below its 100 day (69.66), below its 200 day (70.52) and below its year-to date (70.55) …