For those interested I hold a weekly livestock webinar on Tuesdays. My next webinar will be Tuesday, September 15, 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 The Cattle futures markets opened higher on Friday and traded to their respective highs. The markets …
Grain Spreads: KC Wheat Examined
Please join me for a free grain webinar every Friday at 3pm Central. We discuss supply, demand, weather, and the charts. Sign Up Now Commentary Wheat futures sold off the last two sessions before the long holiday weekend following news the EU was developing plans to utilize “all available lanes” to ensure exports from Ukraine. That was followed by President …
Wheat Trades Sharply Lower on Friday
SOYBEANS– There was a 192k mt flash sale yesterday to China and another 250k mt sale to an unknown country today. Xi is expected to visit the White House later this month. Managed money was very long the soybean complex on today’s COT report. Managed money had long positions of over 100k contracts soybeans and crush products as of …
Pure Hedge – Livestock and Grain
9/3/26 I feel today was a huge selling opportunity in the Cattle Markets. I am still looking for the October’26 Feeder Cattle to trade down to the 306.00 level, and or lower. I do not believe the Cattle Markets have found a bottom yet. I would recommend selling into any market strength from here, until a bottom is found. Palm …
Feeder Cattle Trade Idea
For those interested I hold a weekly livestock webinar on Tuesdays. My next webinar will be Tuesday, September 15, 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 We believe feeder cattle supplies remain tight. We think they will get even tighter as we …
The Grains Rally Back After An Overnight Sell-Off
SOYBEANS– The grains were pressured overnight, including soybeans, but they rallied off the morning low at 1290 ¼ in the November contract. There was another new crop soybean sale to China for 192k mt. Soybean meal had another strong day and looks bullish on the weekly chart. November’26 Soybeans (ZSX26) settled at 1314.50 (+4.25), high of 1319, low of …
MAR-MAY Sugar #11 SPREAD (SBH27-SBK27)
WALSH PURE SPREADER Pure Hedge Division RICH MORAN 9/2/2026 MAR-MAY Sugar #11 SPREAD (SBH27-SBK27) The Sugar #11 market has been rallying since the MAR #11 Sugar contract (SBH27) traded 15.28 on 7/31/26. This rally has continued through today’s session where it settled 19.64. It has not settled below the 14-day moving average or the 21-day moving average that entire time. …
The Grains Close Lower on Wednesday
SOYBEANS– There was another flash sale to China this morning this time for 202k mt. Demand from China has been very strong recently, if it continues the USDA may decide to raise their export forecast. November’26 Soybeans (ZSX26) settled at 1308.75 (-9), high of 1324, low of 1300. January ‘27 Soybeans (ZSF27) settled at 1323.50 (-9.25), high of 1338.75, …
Pure Hedge – Livestock and Grain
9/1/26 . . The Cattle Markets are dancing around the 315.00 level in the October’26 Feeder Cattle, and I feel that will need to change before any rally can occur. I feel the October’26 Feeders need to break another 10-30 dollars, before a real bottom can be found, and there is not much of a chance of a rally to …
VEGETABLE OIL THOUGHTS
The Soybean oil is in a very interesting situation. The market may be poised to still have a dynamic move into the 2027 season. To understand the potential opportunity, we need to review the global outlook. For clarity I say potentially because this is a theory based on the facts as I am perceiving them, and risk exists. The soybean …