Please join me for a free webinar every Thursday at 3pm Central. We discuss supply, demand, weather and the charts. Sign Up Now Commentary Wheat prices led by the Spring Minneapolis contract rallied this morning on the idea that we may see slower flow out of Canada, due to the 25% tariffs set to start at Midnight tonight against Canada. …
Chart of the Day – March Soybean Oil
The information and opinions expressed below are based on my analysis of price behavior and chart activity Friday, January 31, 2025 March Soybean Oil (Daily) On Friday, March Soybean Oil closed up 1.13, at 46.11. Today’s bullish activity followed yesterday’s Doji, which is a day (bar) that opens and close at, or nearly at, the same price. Thursday’s trade also …
Tariffs and the Cattle Inventory Report Create Volatility in the Livestock Markets
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, February 04, 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: Lightning Strikes Twice
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 Whipsaw action dominated the grain markets today as the implementation of tariffs, then the delay of the implementation per Reuters until March 1st, then a reversal back to the original intent ended a wild day. …
Trump Changes Course on Canadian Petroleum Tariffs – WTI Crude Oil
The March WTI (CLH25) trading session settled at 72.53 (-0.20) [-27%], a high of 73.49, a low of 71.94. Cash price is at 72.75 (+0.14), while open interest for CLH25 is at 311,871. CLH25 settled below its 5 day (73.18), below its 20 day (74.77), above its 50 day (71.36), above its 100 day (70.18), above its 200 day (72.10) …
Profit Taking in the Cattle Markets
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, February 04, 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. …
The Sinclair Report: Livestock Market Outlook
By John Simpson – January 30, 2025 In my opinion, the livestock markets continue to show strong performance, particularly in the cattle sector. With record-high cash cattle prices, ongoing supply constraints, and robust consumer demand, the outlook remains bullish for live cattle and feeder cattle futures. Cattle Market: Bullish Momentum Continues In my opinion, the April live cattle futures remain …
Grain Spreads: Wheat vs Corn Part Two
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 wheat market finished with some follow through from yesterday’s rally closing strongly. The Chicago contract still has some work to do to take out and close above the top end of the …
Pure Hedge – Livestock and Grain
1/29/25 . If you would like to receive more information on the commodity markets, please use the link to join my email list Sign Up Now . . The Livestock Markets were mixed again today, with the Fats and Feeders breaking multiple dollars. The Fats dropped over two dollars today. April’25 Live Cattle was 2.32 ½ lower today …
Chart of the Day – March Soybeans
The information and opinions expressed below are based on my analysis of price behavior and chart activity Wednesday, January 29, 2025 March Soybeans (Daily) March Beans closed up 15 ½ cents on Wednesday, settling at 10.60 ½. Volume of almost 120,000 was decent, but today was also one of the lowest volume days of the month, so far. You can …