Rich Moran 8/6/2025 WALSH PURE SPREADER -Pure Hedge Division- NOV-JAN SOYBEAN SPREAD (ZSX25-ZSF26) The NOV-JAN Soybean Spread (ZSX25-ZSF26) has been trending downward since its 52-week high of -6¾ on Jan 22nd. This trend continued until its 52-week low of -19 on July 28th. In particular, this spread has made a very strong and direct move down since its 14-day high …
Higher Yield Forecasts Are Being Released Ahead of the August WASDE Report
Soybeans– Earlier this week, I mentioned the potential for soybeans to move lower due to favorable weather and weak exports. StoneX updated their forecast for soybean yield at 53.6 bpa, while S&P global forecasted yield at 53.5 bpa. The USDA estimated soybean yield at 53.5 bpa in July. If a higher soybean yield materializes, on the August WASDE report, it …
5 Minutes on the Markets – 08/06/25
Livestock markets all stayed firm on Tuesday, with the August Live and Feeder Cattle contracts leading the way and setting new contract highs. Lean Hogs weren’t up as much as the Cattle markets, but still posted a nearly 1 month high close. All of those markets continue to look bullish to me. Grains, perhaps, not so much. Corn and Wheat …
Chart of the Day – October Lean Hogs
The information and opinions expressed below are based on my analysis of price behavior and chart activity Tuesday, August 5, 2025 October Lean Hogs 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, …
Pure Hedge – Livestock and Grain
8/5/25 . . 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 …
Walsh Pure Technicals – Pure Hedge Division
Jon Wiedeman 8/05/2025 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 traded above the $10 level but ended up closing lower on the day. Continue to watch the 986 level which is a double bottom from last …
Wheat Downtrend Continues on Tuesday
Soybeans– Soybeans moved 2 1/2 cents higher in the overnight session, but closed lower on Tuesday. Soybean conditions are now 69% good/excellent after declining 1% from the week prior. Soybean conditions were 68% at this time last year. StoneX has Brazil’s soybean crop at 177.2 mt, up from 172.8 mt previously. Brazil’s exports are estimated at 110 mt, compared to …
5 Minutes on the Markets – 08/05/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Livestock futures started the week firmer, with Live Cattle, Feeder Cattle and Lean Hogs all closing higher. October Live Cattle had a wide trading range, but settled roughly in the middle, not far from where it opened. Cattle futures historically and …
Hogs Start Week on a Positive Note
For those interested I hold a weekly livestock webinar on Tuesdays, and my next webinar will be Tuesday, August 05, 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: Not Staying Here
Please join me for a free grain webinar every Thursday at 3pm Central. We discuss supply, demand, weather, and the charts. Sign Up Now Commentary From a demand perspective there is worry that a lack of new crop soybean export sales into China could be becoming more important as China has zero new crop soybean bushels on the books for …