WALSH PURE SPREADER Pure Hedge Division RICH MORAN 9/1/2026 MAR SOYBEANS vs. MAR CORN + MAR WHEAT [(ZSH27) – (ZCH27+ZWH27)] The grain markets have obviously been on a tear. We are routinely seeing new highs in grain markets these days. I think I understand the recent strength of the corn and wheat markets. I have been hearing nothing but bad …
Grain Spreads: Funds Add Length
Please join me for a free grain webinar every Thursday at 3pm Central. We discuss supply, demand, weather, and the charts. Sign Up Now Commentary Funds were estimated buyers of 35,000 corn contracts today with an estimated net position of 454,000 contracts; besting the record net long of 429K back in 2010. Dec corn futures last traded this high in …
Soybean Oil is Back
SOYBEANS– The entire soybean complex was sharply higher today. China continues to buy soybeans. Another 136k mt sale was reported today. Yesterday’s EPA announcement was bullish for soybean oil despite the decision to increase refinery blending exemptions because of reallocations. The latest Crop Progress report points toward the crop size getting smaller rather than larger. November’26 Soybeans (ZSX26) settled …