SOYBEANS– Soybeans closed the week higher, making a high at 1178 ¼ in the May contract. Soybean meal rallied hard today, after a morning flash sale for 100k mt to Italy. Soybean meal is showing technical strength and should help support beans next week. Soybean meal has resistance at the March high, 335 ½. Soybean oil is sitting at trendline …
Chart of the Day – June Live Cattle
The information and opinions expressed below are based on my analysis of price behavior and chart activity Sign Up to receive Walsh Trading’s 1st Half of 2026 Market Outlook First Half of 2026 Outlook for the Livestock and Grain markets. Thursday, April 9, 2026 June Live Cattle (Daily) On Monday of this week, June Live Cattle hit a new contract …
A Bearish WASDE and Forecasted Rains Drag Wheat Lower
SOYBEANS– Soybeans were able to finish the day positive, despite crude falling 7 dollars intraday. Today’s WASDE report was very quiet, as expected. No changes were made to the domestic balance sheet. World production was raised slightly but was offset by a higher crush number. Ending stocks were lowered from 125.31 mmt last month to 124.79 mmt. The May report …
Grain Spreads: Dec 26/27 Corn Spread
Please join me for a free grain webinar every Thursday at 3pm Central Time. We discuss supply, demand, weather, and the charts. Sign Up Now If you would like to receive more information on the commodity markets, please use the link to join our email list Sign Up Now Commentary Corn continues to search for a bottom as war premium …
Wheat Moves Lower Ahead of Tomorrow’s WASDE Report
SOYBEANS– Soybeans were up 1 cent in the overnight session and continued higher during today’s session. Tomorrow’s report is expected to be one of the quieter reports of the year. The USDA may decide to raise their crush estimate and lower exports on tomorrow’s report. The average estimate for ending stocks on tomorrow’s report is 349 mb, compared to 350 …
Pure Hedge – Livestock and Grain
4/7/26 . . . . If you don’t like the customer service or lack of personal attention you are receiving from your broker, you have options, and you don’t have to stay there. Account transfers are easy and so is opening a new account. Sign Up Now . . If you would like to receive more information on the …
Grain Spreads: Funds Flip Long in Wheat
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 Wheat spent most of the session showing a mixed response to the worse-than-expected national G/E ratings for the US Winter Wheat crop. Analysts estimated that winter wheat conditions would come in at 42% good to …
Soybeans & Corn Trade Lower Ahead of President Trump’s Strait Reopening Deadline
SOYBEANS– Soybeans finished the day lower, with May leading November lower. Crude oil reversed lower which dragged soybeans down with it. The soybean chart looks to be forming a bear flag pattern. Ultimately, Iran’s response to President Trump’s deadline to open the Strait of Hormuz by 7 p.m. tonight may be the deciding factor in whether soybeans move higher or …
Chart of the Day – July Sugar
The information and opinions expressed below are based on my analysis of price behavior and chart activity Sign Up to receive Walsh Trading’s 1st Half of 2026 Market Outlook First Half of 2026 Outlook for the Livestock and Grain markets. Tuesday, April 7, 2026 July Sugar (Daily) Today, July Sugar closed at 14.79, down 0.37 on the day. Following Monday’s …
Hogs Surge
For those interested I hold a weekly livestock webinar on Tuesdays, and my next webinar will be Tuesday, April 07, 2026, at 3:15 pm. It is free for anyone who wants to sign up and the link for sign up is below. It is free for anyone who wants to sign up and the link for sign up is below. …
- Page 1 of 2
- 1
- 2