The May WTI (CLK25) contract settled at 66.95 (-4.76) [-6.64%], high of 70.41, low of 65.98. Spot price is 71.71 (+0.49), open interest for CLK25 is 297,842. CLK25 settled below its 5 day (70.08), below its 20 day (68.22), below its 50 day (69.62), below its 100 day (69.72), below its 200 day (70.40) and below its year-to date (70.49) …
Cattle Markets Crash
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, April 08, 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. …
WTI and Brent Oil Rise On ‘Liberation Day’, Fall Over 2% in After Hours
The May WTI (CLK25) contract settled at 71.71 (+0.51) [+0.72%], high of 72.28, low of 70.59. Spot price is 71.22 (-0.25), open interest for CLK25 is 307,027. CLK25 settled above its 5 day (70.83), above its 20 day (68.21), above its 50 day (69.78), above its 100 day (69.77), above its 200 day (70.44) and above its year-to date (70.56) …
Pure Hedge – Livestock and Grain
4/2/25 . . 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 mixed today, with the Cattle making new highs. The June’25 Fats made a new contract high today. June’25 Live Cattle were 1.97 ½ higher today …
5 Minutes on the Markets – 04/01/2025
Livestock trade started the week off on a weaker note but Cattle market still trending higher. Lean Hogs closed below the 200-day average, but well off the lows. Grain markets had a muted response to the USDA Planting and Grain Stock data from Monday. Grain/Soy trade firmer overnight, with Soymeal being the weaker exception.