I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Live and Feeder Cattle posted bearish reversals yesterday, setting those up for a weaker open, I think, this morning. Corn and Wheat up mildly overnight on weather concerns. There appears to be some Soybean Crush Spread unwinding today, Beans are down …
Grain Spreads: Short Covering in Wheat
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 Kansas City and Chicago wheat closed higher today with Minneapolis lower. The wheat market started lower this morning but found buyers on the break and closed moderately higher, led by the Kansas City contract. July …
5 Minutes on the Markets – 05/14/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Live and Feeder Cattle futures remain at elevated levels, but didn’t get a directional push on Tuesday. Lean Hogs rallied, in part due to rollover from June to July contracts. Corn and Wheat pushed lower on Tuesday but closed off their …
Pure Hedge – Livestock and Grain
5/13/25 . 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 markets, please …
Chart of the Day – July Soybeans
The information and opinions expressed below are based on my analysis of price behavior and chart activity Tuesday, May 13, 2025 July Soybeans (Daily) July Soybeans settled at 10.72 ¼ today, up 1 ¼ cents. Yesterday’s WASDE did nothing for the bears and the market closed some 18 ¾ cents off the lows of the day. Today, the market exceeded …
5 Minutes on the Markets – 05/13/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Livestock markets gapped higher yesterday on tariff optimism and border closure news. Both Live Cattle and Feeder Cattle closed higher, with Feeders making the largest gains. There are now price gaps on both of those charts. Lean Hogs also closed higher, …
Cattle Markets Make New All-Time Highs, Hogs Higher
For those interested I hold a weekly livestock webinar on Tuesdays, and my next webinar will be Tuesday, May 13, 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: Friendly Data
Please join me for a free grain webinar every Thursday at 3pm Central time. We discuss supply, demand, weather, and the charts. Sign Up Now Commentary Whether it was a cessation for 90 days with China that reduced tariffs while allowing for temporary trade to resume with China, or the results of the May WASDE, new crop November soybeans rallied …
5 Minutes on the Markets – 05/12/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! USDA close the Mexican border due to screwworm again. I would expect Live and Feeder Cattle to start the day sharply higher. Soybeans, Bean Oil and Corn up sharply following news of tariff negotiations. Bean Oil has gained the most overnight. …
Pure Hedge – Livestock and Grain
5/9/25 . 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 markets, please …