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 Wheat markets closed sharply higher and near the highs of the day as wheat followed the broad-based commodity rally that was seen on the heels of the Israeli strike on Iran and the rumors/news releases …
5 Minutes on the Markets – 06/13/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! **this one’s a bit longer than 5 minutes, I do try to keep these a short as I can, but there’s a lot to talk about today** Live Cattle futures closed lower and seem to be losing some bullish momentum. Feeders …
Chart of the Day: August Crude Oil
This chart of August crude oil attracted my attention. There are seven days of higher highs. I have noticed that markets typically trend up only three days in a row. Seven days of higher highs point to a trend higher and show momentum higher. The main fundamental behind this is Middle East tensions, specifically with Iran. Chart courtesy of CQG. …
Pure Hedge – Livestock and Grain
6/12/25 . . If you don’t like the customer service or lack of personal attention you are receiving at your new and very large brokerage house, you have options, and you don’t have to stay there. Account transfers are easy and so is opening a new account. . . If you would like to receive more information on the commodity …
Chart of the Day – September Wheat
The information and opinions expressed below are based on my analysis of price behavior and chart activity Thursday, June 12, 2025 Every morning, at about 8 AM CST, I post a short video highlighting where I see opportunities in the futures markets. You can view my most recent video here September Wheat (Daily) Today, September Wheat (Chicago) closed at 5.41 …
5 Minutes on the Markets – 06/12/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Cattle market remain at elevated levels, but seem to be struggling with overhead resistance. Perhaps traders are waiting for confirmation that cash sales will jump higher again this week. Lean Hogs posted another new contract high close. Grains and Soy are …
Grain Spreads: Weather Improving
Please join me for a free grain webinar every Thursday at 3pm Central Time. We discuss trade ideas along with supply, demand, weather, and the charts. Sign Up Now Commentary Grain futures were stronger in the overnight session last night, and while the day trade started on the positive side as well, gains were limited early on and then suffered …
Walsh Pure Spreader ….
6/11/2025 JULY-SEPT SOYBEAN SPREAD (ZSN25-ZSU25) Settlement : 28½ Day’s Range : High 35, Low 28½ 52-Week Range : High +37¼, Low 4¾ Last week I wrote about possibly looking for opportunities to start buying the SEPT’25 over/minus DEC’25 Corn Spread (ZCU25-ZCZ25) near -18 and to possibly start buying the JULY’25 over/minus the DEC’25 Wheat Spread (ZWN25-ZWZ25) near -39. …
5 Minutes on the Markets – 06/11/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Feeder Cattle and Lean Hogs continue to post new contract highs. Live Cattle backed off a little yesterday, but Boxed Beef prices jumped aggressively on Tuesday afternoon, which should add more bullish fuel to the fire. Both Feeders and Fats are …
Pure Hedge – Livestock and Grain
6/10/25 . . If you don’t like the customer service or lack of personal attention you are receiving at your new and very large brokerage house, you have options, and you don’t have to stay there. Account transfers are easy and so is opening a new account. . . If you would like to receive more information on the commodity …