6/5/25 . . 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 …
Soybeans Trade Higher on China Trade Deal Optimism
Soybeans– Soybeans moved higher today after a phone call between President Trump and China’s Xi. The 30-minute discussion was productive, with Trump saying he will visit China to continue trade talks. Soybean planting is at 76% as of 5/25, up 10% over last week. Planting is well ahead of schedule with the 10-year average for this time of year being …
Walsh Pure Spreader
SEPT ‘25-DEC ‘25 CORN SPREAD (ZCU25-ZCZ25) 6/5/2025 – Rich Moran Settlement : -16¾ Day’s Range : High -16, Low -17¼ 52-Week Range : High +3¼, Low -17 ¼ In my last article I wrote about looking for a reason/opportunity to stick our toes in the water with some longs in the corn futures. I suggested that if and when …
5 Minutes on the Markets – 06/05/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! New Contract high close in Live Cattle, with Feeders just 2.50 off the record high close. Hogs struggling with resistance the last 3 sessions, but have not failed. Export Sale data was released this morning. Lackluster numbers for the Grains, highlighted …
Grain Spreads: Wheat Reaction
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 Wheat prices continue to find support from escalating risks in the Black Sea Region and finished the day in the green. Markets appeared listless and choppy to begin the day session once again in …
Can the Grains Rally Higher This Summer?
SOYBEANS – Soybean planting is at 76% as of 5/25, up 10% over last week. Planting is well ahead of schedule with the 10-year average for this time of year being 63%. The national crop was 50% emerged, ahead of the average at 40%. May saw above-normal rainfall in the South and East Coast with total drought coverage for the …
Walsh Pure Spreader
Rich Moran’s Thoughts on Corn …. As we approach the summer months, the expectations remain for a strong corn harvest. Even with the projected high demand, these expectations have July corn hitting a low today of $4.34, it’s low since last fall and not far from its 52-week low of $4.22. This is almost a dollar off its 52-week high …
5 Minutes on the Markets – 06/04/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Livestock futures closed lower on Tuesday. Live Cattle seem the heaviest to me and may be ready for a sell off. The trend is up in Cattle, Feeders and Lean Hogs, and I don’t have any active “sell” signals in these …
Pure Hedge – Livestock and Grain
6/3/25 . . 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 – August Live Cattle
The information and opinions expressed below are based on my analysis of price behavior and chart activity Tuesday, June 3, 2025 August Live Cattle (Daily) Today, August Live Cattle closed at 209.750, down 1.250 on the day. It is Tuesday, so this may have been a “Turnaround Tuesday” trade, temporarily reversing the direction of Monday’s trade. We did see a …