SOYBEANS– November beans sold off today after trading above 1200 yesterday. Today’s export report showed sales of 54k for the current marketing year and 462k for next year. There is a new WASDE report tomorrow. September ’26 Soybeans (ZSU26) settled at 1168.75 (-14.75), high of 1185.25, low of 1167. November Soybeans (ZSX26) settled at 1180 (-12.25), high of 1194.25, …
Grains Go Down On Wednesday
SOYBEANS– The soybeans backed off today after restarting the uptrend. The market is hopeful for more Chinese demand in September. November beans are back inside the previous trading range and above the key moving averages. November beans have resistance at 1200 and at the prior high 1214. September ’26 Soybeans (ZSU26) settled at 1179.50 (-7.50), high of 1193.25, low …
Pure Hedge – Livestock and Grain
7/7/26 Hello, I will be back to my normal writing schedule next week. The Markets have been preforming very well, so I have backed off talking about it. The Soybean Oil could be the best trade of the year, and I am talking about the second half of this year. The Monsoon rains are not developing as strongly as usual …
Grain Spreads: Four Trade to Consider
Please join me for a free grain webinar every Thursday at 3pm Central. We discuss supply, demand, weather, and the charts. Sign Up Now 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 …
The Grains Rally Again on Tuesday
SOYBEANS– Soybeans made another move higher today, but the move wasn’t as extreme as yesterday. 1200 will likely continue to be resistance for the time being. The high of the day today was 1198 ¾ in November beans. Soybean conditions were slightly lower this week. Soybeans will likely be supported until there’s more clarity on what China is going …
Cattle Markets Make New Low For Down Move
For those interested I hold a weekly livestock webinar on Tuesdays. My next webinar will be Tuesday, July 06, 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 started the week on a sour note, opening lower and breaking down to new …
Post-4th of July Rally in the Grain Markets
SOYBEANS– Soybeans had a strong gain today, trading as high as 1197 in the November contract. With many bearish heading into the June 30th crop reports, the market caught people offsides rallying over 50 cents since then. In addition to hot weather, it was reported that the US and China are working on a deal to lower the tariff …
The Grains Trade Higher After Yesterday’s Crop Reports
SOYBEANS– Soybeans finished the day higher with September leading the November issue up. Yesterday’s Acreage report estimated acreage just below the average trade guess, however the USDA also reported 8.05 million acres left to be planted. Despite the higher close soybeans were unable to make a move above yesterday’s high. The next resistance for November beans is 1153. August …