The May WTI (CLK25) contract settled at 69.00 (-0.11) [-0.16%], high of 69.68, low of 68.52. Spot price is 69.12 (+0.85), open interest for CLK25 is 331,185. CLK25 settled above its 5 day (68.27), above its 20 day (67.48), below its 50 day (70.29), below its 100 day (69.66), below its 200 day (70.52) and below its year-to date (70.55) …
5 Minutes on the Markets – 03/25/2025
Livestock markets all start the week in the red, with Cattle futures down for consecutive sessions and Hogs closing below long-tern support. Grains lower as the overnight trade ends. Copper started the week with a new contract high, Gold & Silver firmer this morning.
Charts of the Day – June Live Cattle
The information and opinions expressed below are based on my analysis of price behavior and chart activity Monday, March 24, 2025 June Live Cattle (Daily) June Live Cattle closed at 201.150 today, down 0.625 from Friday. Friday afternoon, after the close, the USDA released the latest Cattle on Feed report. Measured against the same report last year, that pegged all …
Hogs Falter – Give Back Friday’s gains
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, March 25, 2025, 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. …
25% ‘Secondary’ Tariff on Venezuelan Oil Sends Futures Prices Higher
The May WTI (CLK25) contract settled at 69.11 (+0.83) [+1.22%], high of 69.33, low of 67.95. Spot price is 68.27 (+0.19), open interest for CLK25 is 329,553. CLK25 settled above its 5 day (67.84), above its 20 day (67.47), below its 50 day (70.40), below its 100 day (69.64), below its 200 day (70.54) and below its year-to date (70.58) …
Pure Hedge – Livestock and Grain
3/24/25 . . If you would like to receive more information on the commodity markets, please use this link to join my email list Sign Up Now . . The Cattle Markets opened just below the highs of the day and broke from there. The June’25 Fats settled 3.00 below the high today. June’25 Live Cattle were 62 …
Walsh Gamma Trader
3/24/25 . If you would like to receive more information on the commodity markets, please use the link to join my email list Sign Up Now . . COMMODITY BUY/SELL COST PER CONTRACT EXPIRATION GRAINS JUL’25 SOYBEAN OIL BUY 45 CALL 1.28 OR $8768.00/CONTRACT – LAST WEEK WAS 1.38 ½ OR $831.00/CONTRACT 88 Days – 6/20/25 …
5 Minutes on the Markets – 03/24/2025
Bearish Reversal in Cattle markets on Friday. Will Cattle on Feed reaction overcome that? Grains weaker to start the trading weak, Wheat leading the way down this morning. Cotton and Sugar also starting the week in the red, with Coffee and Cocoa prices firm.
Hogs Rally While Cattle Makes new high and Fails
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, March 25, 2025, 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. …
Grain Spreads: Bean Potential
Please join me every Thursday at 3pm Central for a free grain webinar. We discuss supply, demand, weather and the charts. If you would like to receive more information on the commodity markets, please use the link to join our email list Sign Up Now Commentary Beans continue to chop around the 10.00-10.20 level. Lack of conviction in both directions …