WALSH PURE SPREADER Pure Hedge Division RICH MORAN 9/30/2026 JUL-SEP CORN SPREAD (ZCN27-ZCU27) – Update This is a quick update on yesterday’s trade suggestion (please see below). I suggested that when the market opened last night to try to sell the JUL-SEP Corn Spread (ZCN27-ZCU27) +27½. It opened at +28, so if you offered it at +27½, you should be …
Walsh Daily Bullet Points 10/27
GRAINS OILSEEDS LIVESTOCK SOFTS FINANCIALS CURRENCIES SETTLEMENTS
JUL-SEP CORN SPREAD (ZCN27-ZCU27)
WALSH PURE SPREADER Pure Hedge Division RICH MORAN 9/29/2026 JUL-SEP CORN SPREAD (ZCN27-ZCU27) As of the most recent figures, Full Carry for Corn from July of 2027 to September of 2027 is 22.04. That would put the JUL-SEP Corn Spread (ZCN27-ZCU27) at -22 (negative 22). Today, ZCN27-ZCU27 settled +27¾ (positive 27¾). That’s 59¾ cents higher. Since the middle of August …
Pure Hedge – Livestock and Grain
9/29/26 The Feeders flirted with the top of the gap in the October’26 contract month this morning. Today’s low was 329.42 ½, and the top of the gap is 328.55, and the bottom of the gap is 323.50. The December’26 Live Cattle gave everything back late in the day and closed unchanged on the day at 220.80, with today’s high …
Soybeans Rally Ahead of the Grain Stocks Report Tomorrow
SOYBEANS– Soybeans finished higher, while meal finished close to unchanged. The quarterly Grain Stocks report will be released tomorrow. The Dow Jones survey estimates on-farm storage as of September 1 at 323 mb, compared to 325 mb in 2024-25. November’26 Soybeans (ZSX26) settled at 1297.75 (+9.50), high of 1304, low of 1284. January ‘27 Soybeans (ZSF27) settled at 1312.50 …
Grain Markets at a Crossroads: What the Moving Averages Are Telling Us
Tim Healy 9/29/2026 If you would like to receive more information on the commodity markets or would like to open an account, please give me a call or click the link below. Form Corn Dec ’26 (ZCZ26) Current close (9/29): 522’0 Trend Assessment: Bearish Current price (522’0) is below the 7-day MA (529’7). 7-day MA is below the …
Grain Spreads: Bean Oil Opportunity
Please join me for a free grain webinar this Friday at 2pm Central. We discuss supply, demand, weather, and the charts. Sign Up Now Commentary December bean oil may see some seasonal buying heading into the 4th quarter. Just my opinion. We don’t see diesel backing off much even if the Strait is fully opened. Big “if”. We think bean …
Hogs Make New Low for Down Move
For those interested I hold a weekly livestock webinar on Tuesdays, and my next webinar will be Tuesday, September 29, 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. …
November Soybeans Trade Below $13
SOYBEANS– Soybeans were sharply lower this morning after China failed to cut the 10% import tariff. China was buying soybeans ahead of the meetings last week and may decide to increase purchases again now that soybeans are trading at a discount. Managed money was long more soybean meal on Friday’s COT report. November’26 Soybeans (ZSX26) settled at 1288.25 (-31.25), …
WRT World Agricultural Supply and Demand September 27
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