7/21/26 The Cattle Markets had several price swings today, both negatively and positively, with the Fats and Feeders both settling fractionally lower. This past Friday on 7/17 the October’26 Feeder Cattle traded close to my target level at 330 and made a new 1-month low at 330.52 ½. Yesterday the October’26 Feeders settled 7-dollars higher and todays trade did not …
Grain Spreads: Wheat Rising
Please join me every Thursday for a free grain webinar at 3pm Central. We discuss supply, demand, weather, and the charts. Sign Up Now Commentary Kansas City wheat closed with buyers active on the close pushing values up over 10 cents on the day while Chicago finished up 5 cents. The action shows the unknown in the Black Sea will …
Wheat Reverses Higher on Tuesday
SOYBEANS– Soybeans finished the day lower today, making a low at 1217 ¼. There’s a triple top pattern forming on the weekly chart. However, if the weather stays dry and the geopolitical situation continues to worsen beans may be headed higher. Soybean meal looks cheap after the move above 1200 in beans, and soybean oil should be supported by …
Hog Rally Stalls and Retreats
For those interested I hold a weekly livestock webinar on Tuesdays, and my next webinar will be Tuesday, July 21, 2026, 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: 4 Trades
Mid-Summer Game Plan Soymeal I believe in meal long term due to 30-year lower harvests in the US Hard Red Winter Wheat belt and potentially EU due to heat and drought. The thinking is less wheat moving into feed rations, where meal is a cheaper alternative. I’m not looking for miracles here, just an eventual move in May 2027 meal …
Wheat Trades Lower After Last Week’s Rally
SOYBEANS– Normal rain is expected over the next two weeks, but hot weather should help support the market. August is expected to be hot and dry. There were flash sales this morning of 264k mt to China and 110k mt to an unknown destination. China’s Xi Jinping is expected to visit the White House in late September. Friday’s COT …
WRT World Agricultural Supply and Demand July 20
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Mid-Summer Game Plan
Soymeal I believe in meal long term due to 30-year lower harvests in the US Hard Red Winter Wheat belt and potentially EU due to heat and drought. The thinking is less wheat moving into feed rations, where meal is a cheaper alternative. I’m not looking for miracles here, just an eventual move in May 2027 meal from 310 to …
Cattle Markets Continue Break Down – Make New Low
If you would like to receive more information on the commodity markets, please use the link to join our email list – Sign Up Now For those interested I hold a weekly livestock webinar on Tuesdays. My next webinar will be Tuesday, July 21, 2026, at 3:15 pm. If you cannot attend live a recording will be sent to your …
Wheat Trades on Higher on Friday
SOYBEANS– Soybeans finished the day higher after yesterday’s lower close. The charts for the grains look strong but that can change over the weekend with the weather. The corn belt is expected to see near normal rains in the 8-14 day forecast. Temperatures are expected to be near normal in eastern soybean areas and warmer west of the Mississippi …