Please join me every Thursday for a free grain webinar every Thursday at 3pm Central. We discuss supply, demand, weather, and the charts. Sign Up Now Commentary Strong gains in all wheat classes with prices closing near the high of the day. Weather and the uncertainties they bring right before Soft Red winter wheat harvest in the Eastern Belt and …
Pure Hedge – Livestock and Grain
6/16/26 . . . . 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 …
Soybeans Make an Early High Then Fade Lower on Tuesday
SOYBEANS– November soybeans made a high at 1156 ½ this morning before fading the rest of the day. The Crop Progress report yesterday showed conditions declining in Iowa and Illinois by 3 points each. Missouri also had unfavorable conditions. July soybean oil is at key support now after falling from its high at 79.69. July ’26 Soybeans (ZSN26) settled at …
Hogs Work Lower
For those interested I hold a weekly livestock webinar on Tuesdays, and my next webinar will be Tuesday, June 16, 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. …
The Grains Trade Higher As Crude Breaks
SOYBEANS– November soybeans finished the day positive but still have resistance above at 1140. Friday’s COT showed funds selling the soybean complex. Funds sold 65k contracts of beans, 74k contracts of meal, and nearly 25k contracts of bean oil. July bean oil closed positive, while December bean oil finished lower on the day. July ’26 Soybeans (ZSN26) settled at 1118.75 …
Cattle Markets Lower on Plant closings
For those interested I hold a weekly livestock webinar on Tuesdays. My next webinar will be Tuesday, June 16, 2026, at 3:15 pm. If you cannot attend live a recording will be sent to your email upon completion of the webinar. Sign Up Now Cattle futures trade lower on JBS plant closings. Cattle and Feeders Traded to their highs early …
Grain Spreads: Funds Flip Short in Corn
Please join me for a free grain webinar every Thursday at 3pm Central. 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 near-term bottom as price action …
The Grains Look Weak on Friday
SOYBEANS– The whole soybean complex was slightly lower to end the week. Argentina’s harvest is nearly complete. The USDA raised their estimate for Argentina’s crop 2 mmt on yesterday’s report to 50 mmt. Soybean areas under drought are well-above last year at 25%, compared to 13% previously. However, soybean areas under drought did fall 3 points this week. July ’26 …
Pure Hedge – Livestock and Grain
6/9/26 . . . . 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 …
Soybeans Rally Ahead of Tomorrow’s WASDE
SOYBEANS– Soybeans found support today after several consecutive days of selling, with July leading November higher on the day. The June WASDE report will be released tomorrow. The average pre-report estimate for soybean production is 4,430 mb. Yield is estimated at 52.9 bpa. Domestic and world ending stocks are estimated close to unchanged. July ’26 Soybeans (ZSN26) settled at 1123.75 …