The information and opinions expressed below are based on my analysis of price behavior and chart activity Tuesday, April 15, 2025 July Soybean Oil (Daily) July Bean Oil closed at 47.84 today, up 0.99 from Monday’s close. This is the highest close in the July contract since April 2nd, just before all of the tariff news hit the markets. Since …
IEA Lowers 2025 Global Oil Demand Forecast, Raises Global Supply
The June WTI (CLM25) contract settled at 60.75 (-0.30) [-0.49%], high of 61.57, low of 60.38. Spot price is 61.58 (+0.07). Open interest for CLM25 is 298,731. CLM25 settled below its 5 day (60.86), below its 20 day (65.60), below its 50 day (67.48), below its 100 day (68.79), below its 200 day (69.50) and below its year-to date (68.98) …
Pure Hedge – Livestock and Grain
4/15/25 . . 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 Livestock Markets rallied again today. The Fats settled in the middle of the range today. June’25 Live Cattle were 72 ½ cents higher today and settled at 199.80. …
5 Minutes on the Markets – 04/15/2025
This is posted every morning at about 8 AM, before the markets open. Livestock markets higher, Lean Hogs filled the overhead gap on Monday. Live Cattle still have a ways to go before filling the gap on that chart at 203.700 in June, while Feeders now have price gaps higher and lower to fill. Corn closed lower after 7 days …
Livestock Markets Rally
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, April 15, 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. …
Crude Oil Chops Around in Middle of Near-Term Range, OPEC Lowers Forecast
The June WTI (CLM25) contract settled at 61.05 (+0.15) [+0.25%], high of 62.07, low of 60.12. Spot price is 61.51 (+1.34) Open interest for CLM25 is 290,785. CLM25 settled above its 5 day (60.51), below its 20 day (65.88), below its 50 day (67.68), below its 100 day (68.87), below its 200 day (69.58) and below its year-to date (69.10) …
5 Minutes on the Markets – 04/14/2025
This is posted every morning at about 8 AM, before the markets open. Can Cattle markets continue the bullish reversal that started last week? Lean Hogs eyeing an upside gap. Grains a touch weaker following last week’s strong gains, 7 consecutive days up for Corn,5 days for Beans and Soymeal. Highest close for Chicago Wheat since March 21st.
Walsh Gamma Trader
4/14/25 . 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 3.63 ½ OR $2,181.00/CONTRACT – FOUR WEEKS AGO WAS 1.38 ½ OR $831.00/CONTRACT 67 Days …
Pure Hedge – Livestock and Grain
4/11/25 . . If you would like to receive more information on the commodity markets, please use this link to join my email list Sign Up Now . . All of the Livestock and Grain Markets rallied today. The Livestock Markets were higher again today. The Fats were up over buck today. June’25 Live Cattle were 1.60 higher …
Chart of the Day – May Soybeans
The information and opinions expressed below are based on my analysis of price behavior and chart activity Friday, April 11, 2025 May Soybeans (Daily) May Soybeans closed at 1042 ¾ on Friday, up 13 ¾ on the day. That is the highest close since February 25th and right on the 200-day moving average. The 200 day is often used as …