Pure Hedge – Livestock and Grain

Bill AllenGeneral Commentary Leave a Comment

5/7/26

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The Livestock Markets were all lower today, with the Cattle Markets once again reversing course and heading lower.  June’26 Live Cattle were 3.42 ½ lower today and settled at 250.05. Today’s high was 253.45 and the 1-month and contract high are 256.62 ½. Today’s low was 246.92 ½ and the 1-month low is 240.92 ½. Since 4/7 June’26 Live Cattle are 4.25 lower or almost 2%. The August’26 Feeders gave it all back again today. The August’26 Feeder Cattle were 6.87 ½ lower today and settled at 366.17 ½. Today’s high was 372.67 ½ and the 1-month and contract high are 379.45. Today’s low was 364.97 ½ and the 1-month low is 354.65. Since 4/7 August’26 Feeder Cattle are 12 ½ cents higher or fractionally higher. The Hogs were lower again today, and that could continue. June’26 Lean Hogs were 32 ½ cents lower today and settled at 99.37 ½. Today’s high was 100.65 and the 1-month high is 107.35. Today’s low was 98.90 and that is the new 1-month low as well. Since 4/7 June’26 Lean Hogs are 7.67 ½ lower or more than 7%. Crude Oil continues to push commodity markets around, but maybe the Cattle Markets have finally decoupled from the Oil Market. June’26 Fats settled almost 3.50 lower today and the August’26 Feeders were down almost 7.00 on the day. The Hogs were lower with the Cattle today. The June’26 and July’26 Hogs both closed below the 7, 14, 21, and 140 day moving averages, and I feel they can continue lower from here. Hedge your Cattle, the Fats and the Feeders could trade anywhere tomorrow, but why not hedge a piece of it not far from all time high numbers now. April’27 Feeder Cattle settled at 347.27 ½ and May’27 Feeder Cattle settled at 344.97 ½. I heard the cash market traded 260 in Nebraska today. June’26 Live Cattle settled below their 7-day and 14-day moving averages and their 140-day day moving average is 234. I heard they might have been backing away from the Feeders today, as the August’26 Feeders settled below their 7-Day, 14-Day, and 21-Day moving averages. The 140-Day moving average for the August’26 Feeders is 349.51 ½. I still like the downside in Cattle Markets from here, at least for a while, or until the August’26 Feeders trade below 350. I can help, give me a call. The Trades from Monday are still shown below. 

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This is what I said on Tuesday 5/5

The Cattle Markets traded higher today and got back yesterday’s losses, but I think we can see a slide lower by the end of the week. The Cash Market traded 255 yesterday and unless there is another surge in the cash market I think we can start to see the Fats and Feeders start to trade lower. At the very least, I would start to Hedge as far out as possible. If you tell the timeframe and or weight you would like to hedge, I will put a specific plan together for you at no cost, in the both the Fats and Feeders. The August’26 Feeders made a new contract on Friday at 379.45, and then fell apart, closing 7.27 ½ below the new high, and 1.35 lower for the day. Yesterday, the August’26 Feeders dropped another 5.57 ½, and settled at 366.60. Today the August’26 Feeders rebounded, and picked up all of yesterday’s losses, plus another 12 ½ cents. I do not have today’s data yet, but yesterday the open interest in the Feeder Cattle dropped more than 3000 contracts. I like the downside in the Feeders and feel we can see it trade toward the 350 level and then decide what to do next. If the August’26 Feeders trade lower for the week, I feel it could drop quickly again. A 10% pullback from Friday’s contract high of 379.45, would put the price at 341.50 ½, and the 200-Day moving average sits at 342.42 ½. The June’26 Hogs made a new 1-month low today and then bounced almost 2-dollars (1.95). The June’26 Hogs settled below the 7, 14, and 21 day moving averages and I feel we can see it trade lower from here, especially if the Fats and Feeders break. I feel we can see the Hogs trade back toward the contract lows at 93.10 in the June’26 contract month. The August’26 Feeders today settled 7.15 below the all-time contract high, I feel it would be wise to start hedging. (don’t forget the government wants the price of beef to be lower, and who know what they can do next to try and make that happen, and the border will reopen someday…) Below there are a few trades I sent out yesterday, take a look at them, and let me know if you have any questions. Let’s get that account open as well. Have a great night.
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NOW IS THE TIME TO OPEN AN ACCOUNT BEFORE IT IS JULY AGAIN

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BELOW IS A DIRECT LINK TO FILL OUT ACCOUNT PAPERWORK – PLEASE CALL ME IF YOU HAVE ANY QUESTIONS.

https://portal2.straitsfinancial.com/Identity/Account/Register?brokerId=978

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Having a Trading or Hedging Account is essential for your business to be successful. Market volatility has increased across all commodities over the last 12 months, and I expect it to continue to increase over the next 12 months as well. Opening an account in the future, will not help you if you need access now. To be successful, you need to be able to manage risk in real time. If you are proactive now, you will have the ability to be reactive when you need to be. You can be Prepared and Patient at the same time. Call me or hit the direct link above.

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Through Walsh Trading I have built the best 5-man team in the business. Give me a call and let me show you how the Pure Hedge Division can help your bottom line. 

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The Grain Markets were all lower for the third day in a row. July’26 Soybeans were 2 ½ cents lower today and settled at 1192 ¼. Today’s high was 1196 ¾ and the 1-month high is 1226 ¼. Today’s low was 1182 ½ and the 1-month low is 1156 ¾. Since 4/7 July’26 Soybeans are 16 ½ cents higher or more than 1%. July’26 Corn was lower again today. July’26 Corn was 1 cent lower today and settled at 467 ½. Today’s high was 469 ¾ and the 1-month and contract high is 487 ½. Today’s low was 461 and the 1-month low is 448 ½. Since 4/7 July’26 Corn is 7 cents higher or more than 1 ½%. The Wheat Market was double digits lower at one point today. July’26 Wheat was 5 cents lower today and settled at 612 ¼. Today’s high was 618 ¾ and the 1-month and contract high are 671 ½. Today’s low was 605 ¼ and the 1-month low is 577 ¾. Since 4/7 July’26 Wheat is 4 ¾ cents higher or almost 1%. The Grains all traded lower early today while the Crude oil Market was more than 5-dollars lower at one point. Currently, the June’26 Crude Oil is 30 cents higher on the day. The Grains traded off their lows as the Crude Oil rallied. The July Beans were 12 ¼ cents lower on the lows of the day, and the July’26 Corn was as much as 7 ½ lower and the July’26 Wheat was lower by 12 cents at one point. I feel there is much more downside to come in the Grain Markets. I have a few ideas that could help, let me know if you are interested. Monday’s trades are still shown below. Let’s get your account open, quickly. I look forward to hearing from you. I sent out new trades in the July’26 Hogs, July’26 Wheat, and July’26 Soybeans today, let me know if you are interested. Have a great night.

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This is what I said on Tuesday 5/5

Today, the July’26 Soybeans traded to within a ¼ of a cent of the 1-month high of 1226 ¼, that was set yesterday and then broke 14 ½ cents to settle at 1211 ½. Please hedge your Soybeans. I feel the Beans have no business being at these levels. I like the downside in the Soybean Market, along with the 1100 level. If the July’26 Beans drift lower and trade below 1191, there could be a fire sale. July’26 Corn made a new contract high today at 487 ½ and then broke 7 ½ cents to settle at 480 on the day. I like the Corn the most out of the Grains, but that is not saying much. I like buying corn and selling beans or buying corn and selling wheat, as I feel the Soybeans and the Wheat can trade much lower from here. If the July’26 Corn continues to trade lower, and gets below 469, it could break quickly from there toward the 450 level. July’26 Wheat traded 650 ¼ overnight and settled 22 ½ cents below that price at 627 ¾. The July’26 Wheat contract high of 671 ½ was made last Wednesday, and it has not been close to that price level since then. If the July’26 Wheat trades lower from here and trades below 622, there could be added selling pressure, and it could break quickly. There are a few Trades below that I sent out yesterday. Let me know if you have any questions. There could be more Soybeans planted this year than anticipated. Give me a call and I will put together a hedging plan for you at no cost. Today, July’26 Soybeans settled at 1211 ½ and November’26 Soybeans Settled at 1189 ½. Why not take a look at a hedge plan? 

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If you don’t like the customer service or personal attention you are receiving from your broker, you have options, and you don’t have to stay there. I can have your new account open in 1-2 days. Call me anytime 312-957-8079BALLEN@WALSHTRADING.COM   Sign Up Now

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WHEAT TRADES BELOW STRUCTURED AND SENT OUT MONDAY 5/4/26

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SOYBEAN TRADES BELOW STRUCTURED AND SENT OUT MONDAY 5/4/26

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AUGUST FEEDER CATTLE TRADE BELOW STRUCTURED AND SENT OUT MONDAY 5/4/26

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If you would like to open an account, please use this direct link https://portal2.straitsfinancial.com/Identity/Account/Register?brokerId=978

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.

Having a Trading or Hedging Account is essential for your business to be successful. Market volatility has increased across all commodities over the last 12 months, and I expect it to continue to increase over the next 12 months as well. Opening an account in the future, will not help you if you need access now. To be successful, you need to be able to manage risk in real time. If you are proactive now, you will have the ability to be reactive when you need to be. You can be Prepared and Patient at the same time. Call me or hit the direct link above.

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If you would like to receive more information on the commodity markets, please use the link to join my email list   Sign Up Now 

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Thank you to all of my Canadian Customers. If you live in Alberta or Ontario, you are able to open an account in the USA. Hopefully we can work with the Province of Saskatchewan, and all Canadian Provinces soon. Your ability to open an account in the US is blocked by your Provincial Governments, not by the United States. 

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Thank you to all of my old and new Customers. I appreciate your business. To those of you that are close to opening an account, please call me if you have any questions, and I look forward to working with you soon. To anyone thinking about opening a Hedge or Trading account, give me a call and we can talk about it. 

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Most Recent Walsh Gamma Trader Link 

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GOD BLESS AMERICA

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Give me a call if you have any questions.

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Bill Allen

Vice President

Pure Hedge Division 

Direct: 312-957-8079

ballen@walshtrading.com

WALSH TRADING INC.

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