Please join me for a free grain and livestock webinar every Thursday at 3pm Central. We discuss supply, demand, weather, and the charts. Sign Up Now Commentary The wheat market saw some minor strength this morning but is still well within last week’s range after a 5th consecutive lower weekly close. Market action has been disappointing in my opinion as …
November Soybeans trade 10 3/4 cents lower on Monday
Soybeans– Soybeans made a high at 1061 and settled lower at 1047 in the November contract. The funds got rid of their net short position. Soybeans have seen recent support from soybean oil, which rallied after the EPA announcement on Friday. Larger refiners are expected to pick up more production from smaller refiners, which the market views as bullish. South …
5 Minutes on the Markets – 08/25/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Both Live and Feeder Cattle closed at new contract highs on Friday. After the close, Cattle on Feed data came out, with the total number on feed dropping 2% from last year’s total, Placements down 6% and Marketings down 6%. On …
Cattle Markets Surge Trade to New All-time Highs
For those interested I hold a weekly livestock webinar on Tuesdays, and my next webinar will be Tuesday, August 26, 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. …
Corn & Soybeans Were Steady on Friday, Wheat Continues Lower
Soybeans– The Pro Farmer crop tour has now ended. In Minnesota, 20 soybean samples were taken, with an average of 1128 per 3×3 square. The highest bean counts seen in samples taken were 1578 and the lowest was 332. Minnesota’s figures this year are 6 percent higher than last year, with minimal disease spotted. Iowa beans had an average pod …
5 Minutes on the Markets – 08/22/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Live and Feeder Cattle markets seemingly ran out of bullish momentum on Thursday. Profit taking and position squaring in front of today’s Cattle on Feed and also the Cold Storage data may be likely. Estimates that I’ve seen are for all …
Chart of the Day – December Corn
The information and opinions expressed below are based on my analysis of price behavior and chart activity Thursday, August 21, 2025 If you like this article and would like to receive more information on the commodity markets from Walsh Trading, please use the link to join our email list –Click here Every morning, at about 8 AM CST, I post a …
Walsh Pure Technicals – Pure Hedge Division
Jon Wiedeman 8/21/2025 If you would like to receive more information on the commodity markets or would like to open an account, please click the link Sign Up Now Daily ZSX5: November beans closed the day sharply higher led by soybean oil! Nov beans got above 10.50 and found some more buying interest and / or short covering and …
Corn and Soybeans Rally on Thursday, Short Covering in Chicago Wheat
Soybeans– It was a solid day for November soybeans, closing up 19 cents. Exports sales were strong this morning. Soybean oil finished up +2.32, while soybean meal closed -3.40 lower. Illinois and Western Iowa showed particularly favorable yields, with Illinois seeing the highest pod count on record. The next 2 weeks are expected to be cooler in the Midwest. China’s …
5 Minutes on the Markets – 08/21/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! New contract highs in Live and Feeder Cattle on Wednesday. Feeders are getting close to the top end of a trading channel and there is a Cattle on Feed report tomorrow afternoon. Both markets show no signs of slowing. Lean Hogs …