The May WTI (CLK25) trading session settled at 68.07 (+1.16) [+1.73%], a high of 68.41, a low of 66.63. Cash price is at 67.13 (+0.26), while open interest for CLK25 is 321,089. CLK25 settled above its 5 day (67.09) , below its 20 day (68.13), below its 50 day (70.74), below its 100 day (69.67), below its 200 day (70.60) …
5 Minutes on the Markets – 03/20/2025
This video is posted by about 8 AM CST every morning, before the markets open. Check back here for another update! New contract highs in Live Cattle and Feeder Cattle, Hogs weaker to test 200 day support. Export Sales early focus in Grains. New highs in Gold and Copper. Treasury Bonds and Stock Indexes all firmer this morning.
Charts of the Day – April Live Cattle
The information and opinions expressed below are based on my analysis of price behavior and chart activity Wednesday, March 19, 2025 June Live Cattle (Daily) June Live Cattle settled at 202.850 today, up 1.850. This is a new contract high close. Momentum, as measured by the MACD and Stochastic (subgraphs) seems to be strong and both of those indicators are …
Oil Gains as EIA Data Reveals Significant API Discrepancy
The May WTI (CLK25) trading session settled at 66.91 (+0.16) [+0.24%], a high of 67.43, a low of 66.09. Cash price is at 66.87 (-0.72), while open interest for CLK25 is 314,463. CLK25 settled above its 5 day (66.86) , below its 20 day (67.85), below its 50 day (70.62), below its 100 day (69.63), below its 200 day (70.57) …
The Sinclair Report March Grain Market Outlook: Signs of Weakness Emerge
By John S. Simpson Jr., March 19, 2025 The grain markets are currently displaying clear signs of sideways movement and, in my opinion, increasing weakness across key contracts. Despite brief rebounds, the broader trend lacks conviction, and market participants should be cautious. Here’s my updated perspective on corn, wheat, soybeans, and the soybean complex. Corn: Turning Bearish Corn futures (ZCK25) …
5 Minutes on the Markets – 03/19/2025
This video is posted by about 8 AM CST every morning, before the markets open. Check back here for another update! Cattle futures shed some momentum before the Cattle on Feed, Hogs bounced off support again, Grains weaker overnight. Chicago Wheat testing technical resistance.
Chart of the Day – May Soybean Oil
The information and opinions expressed below are based on my analysis of price behavior and chart activity Tuesday, March 18, 2025 May Soybean Oil (Daily) May Bean Oil closed at 42.64 today, up 0.44 on the day. The trendline low was tested last week and we’ve since seen 3 days of positive price movement. Today’s close was also above the …
Trump-Putin Phone Call Weighs On Crude, Gaza Ceasefire Ends – Crude Oil
The May WTI (CLK25) trading session settled at 66.75 (-0.62) [-0.92%], a high of 68.49, a low of 66.44. Cash price is at 67.59 (+0.42), while open interest for CLK25 is 295,741. CLK25 settled below its 5 day (66.93) , below its 20 day (68.09), below its 50 day (70.72), below its 100 day (69.66), below its 200 day (70.60) …
Grain Spreads: Dust Storms and Cease Fires Influencing Wheat
Please join me for a free grain webinar every Thursday at 3pm Central. We discuss supply, demand, weather and the charts along with trade ideas. Sign Up Now If you would like to receive more information on the commodity markets, please use the link to join our email list Sign Up Now Commentary Wheat prices rallied sharply yesterday on weather …
5 Minutes on the Markets – 03/18/2025
This video is posted by about 8 AM CST every morning, before the markets open. Check back here for another update! Livestock markets very strong, Wheat and Soybean Oil are leading the Grains this week and Crude turn higher. FOMC meeting begins today and Equities rollover this week.