The December WTI (CLZ24) trading session settled at 68.04 (-2.34) [-3.32%], had a high of 70.56, a low of 67.92. Cash price is at 70.39 (-2.00), while open interest for CLZ24 is at 279,129. CLZ settled above its 5 day (70.92), above its 20 day (70.06), above its 50 day (69.92), below its 100 day (72.74) and below its 200 …
Walsh Gamma Trader
11/11/24 If you would like to receive more information on the commodity markets, please use the link to join our email list Sign Up Now . COMMODITY BUY/SELL COST PER CONTRACT EXPIRATION GRAINS JAN’25 SOYBEAN OIL BUY 50.00 CALL 1.65 OR $990.00/CONTRACT-LAST WEEK WAS 1.03 ½ OR $621.00 46 Days – 12/27/24 DEC’25 CORN ACTIVE CALL FOR …
Pure Hedge – Livestock and Grain
11/8/24 If you would like to receive more information on the commodity markets, please use the link to join our email list Sign Up Now The Livestock Markets were all lower today. with the Feeders down almost $3.00. December’24 Live Cattle were 2.12 ½ lower today and settled at 183.70. Today’s high was 184.82 ½ and the 1-month high is …
Hogs and Cattle End Week on a Sour Note
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, November 12, 2024, 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. …
Chart of the Day
The information and opinions expressed below are based on my analysis of price behavior and chart activity Friday, November 8, 2024 January Feeder Cattle January Feeder Cattle closed down 2.90 on the day and 1.775 lower for the week. As you can see by the chart above, the market has seemed to be trading in a range that’s been seemingly …
Grain Spreads: WASDE Update Soybeans
Please join me for a free grain and livestock webinar every Thursday at 3pm Central. We discuss supply, demand, weather, and the charts. Sign Up Now Commentary The soybean session turned into a wild ride today but at the end of the day, January 25 soybeans, the most actively traded contract, settled right at resistance just a few …
Signs Of Chinese Economic Recovery And Rude Rafael Pushes Crude Higher – WTI Crude
The December WTI (CLZ24) trading session settled at 72.36 (+0.67) [+0.93%], had a high of 72.88, a low of 70.66. Cash price is at 71.70 (-0.26), while open interest for CLZ24 is at 279,129. CLZ settled above its 5 day (71.33), above its 20 day (70.52), above its 50 day (70.05), below its 100 day (72.91) and below its 200 …
Hogs Consolidate
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, November 12, 2024, 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. …
Chart of the Day – December Soybean Oil
The information and opinions expressed below are based on my analysis of price behavior and chart activity Thursday, November 7, 2024 December Soybean Oil Today the December Soybean Oil contract jumped up 1.98 to close at 48.32, posting it’s highest close since July 5th. Volume was the highest of the week, so far, suggesting to me that there is still …
Chart of the Day – December Live Cattle
The information and opinions expressed below are based on my analysis of price behavior and chart activity December Live Cattle The December Live Cattle contract finished the day up 0.62 at 185.40, roughly in the middle of the range today. They started off firmer in reaction to the election results, jumping to 186.60 and setting new highs for the week …