The April WTI (CLJ25) trading session settled at 66.31 (-1.95) [-2.86%], a high of 68.10, a low of 65.22. Cash price is at 68.23 (-0.15), while open interest for CLJ25 is at 272,582. CLJ25 settled below its 5 day (68.63), below its 20 day (70.41), below its 50 day (71.79), below its 100 day (70.29), below its 200 day (71.25) …
The Sinclair Report: Grain Markets React to Tariff Uncertainty & Fund Liquidation
March 5, 2025 – By John S. Simpson Jr. The grain markets remain under pressure following China’s tariffs on U.S. agricultural imports, driving managed money out of the market and forcing key technical levels lower. However, a potential easing of U.S. tariffs, as indicated today by the U.S. Commerce Secretary, could shift sentiment. This report breaks down the latest market …
Grain Spreads: Tariffs & Wheat
Please join me for a free grain webinar every Thursday at 3pm Central. We discuss supply, demand weather and the charts. https://attendee.gotowebinar.com/register/9173050034310635870?source=Lusk%20Blog Commentary Tariffs, tariffs, and more tariffs are hitting wheat hard in recent sessions. The short covering inspired rallies of late January and half of February have come and gone. Managed funds covered some positions and when lack of …
Trade Wars Begin? Trump Administration Ends Chevron License, OPEC Confirms April Output Increase – WTI Crude Oil
The April WTI (CLJ25) trading session settled at 68.26 (-0.11) [-0.16%], a high of 68.56, a low of 66.77. Cash price is at 68.38 (-1.35), while open interest for CLJ25 is at 271,199. CLJ25 settled below its 5 day (68.96), below its 20 day (70.68), below its 50 day (71.82), below its 100 day (70.33), below its 200 day (71.29) …
OPEC+ Confirms April Production Increase, Trump Signs Off On 25% Tariffs On Mexico and Canada While Adding Another 10% Levy on China – WTI Crude Oil
The April WTI (CLJ25) trading session settled at 68.37 (-1.39) [-1.99%], a high of 70.60, a low of 67.89. Cash price is at 69.73 (-0.63), while open interest for CLJ25 is at 273,690. CLJ25 settled below its 5 day (69.21), below its 20 day (70.92), below its 50 day (71.85), below its 100 day (70.37), below its 200 day (71.32) …
Cattle Markets Make New Low and Bounce Back
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, March 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. …