6/11/2025 Settlement : 28½ Day’s Range : High 35, Low 28½ 52-Week Range : High +37¼, Low 4¾ Last week I wrote about possibly looking for opportunities to start buying the SEPT’25 over/minus DEC’25 Corn Spread (ZCU25-ZCZ25) near -18 and to possibly start buying the JULY’25 over/minus the DEC’25 Wheat Spread (ZWN25-ZWZ25) near -39. Today’s suggestion is only …
How Will the June WASDE Affect the Grains?
Soybeans– The U.S. made an made a trade deal agreement with China, following the meetings in London this week. The U.S. will have a 55% tariff on China, while China will keep a 10% tariff on the U.S. Progress has also been made on trade agreements with India and Canada. Soybeans did not have a strong reaction to the news …
5 Minutes on the Markets – 06/11/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Feeder Cattle and Lean Hogs continue to post new contract highs. Live Cattle backed off a little yesterday, but Boxed Beef prices jumped aggressively on Tuesday afternoon, which should add more bullish fuel to the fire. Both Feeders and Fats are …
Pure Hedge – Livestock and Grain
6/10/25 . . If you don’t like the customer service or lack of personal attention you are receiving at your new and very large brokerage house, you have options, and you don’t have to stay there. Account transfers are easy and so is opening a new account. . . If you would like to receive more information on the commodity …
Chart of the Day – December Corn
The information and opinions expressed below are based on my analysis of price behavior and chart activity Tuesday, June 10, 2025 December Corn (Daily) Today, December Corn close up 2 cents, to settle at $4.40. That mild uptick followed an 11 ¼ cent drop to start the week. Was it just another “Turnaround Tuesday” or is this perhaps something different? …
Corn Leads the Way Higher on Tuesday
Soybeans– As of Monday, planting progress is at 90% complete, up 6% over last week. The 10-year average for this time of year is 84%. Crop conditions were rate 68% good/excellent up 1% over last week. The 10-year average for soybean conditions at this time of year is 69%. The best conditions for this time of year came in 2018 …
5 Minutes on the Markets – 06/10/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Higher highs and higher lows across the board in Livestock markets. Live Cattle and Feeder Cattle futures closed higher on Monday, with Feeders gaining momentum and rallying to set new highs late in the session. New contract high closes and new …
Cattle Markets Rally to New Highs
For those interested I hold a weekly livestock webinar on Tuesdays, and my next webinar will be Tuesday, June 10, 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. …
Grain Spreads: WASDE and Chinese Demand
Please join me every Thursday at 3pm Central for a free grain and livestock webinar. We discuss supply, demand, weather and the charts. Sign Up Now Commentary The soybean complex in my opinion had the China-US trade negotiations provide a headline to keep the bears at bay today. There were a few whispers of potential progress that President Trump echoed …
Corn, Beans, Wheat All Move Lower on Monday
Walsh Pure Hedge Division The focus for the soybean market is on trade talks. The U.S. and China will meet this week in London to continue negotiating. Last week, President Trump and Xi had a productive discussion, setting up this meeting. Above-normal rains are expected in the southeast and northern Plains, but overall, the forecast has been solid for early …