For those interested I hold a weekly livestock webinar on Tuesdays, and my next webinar will be Tuesday, July 14, 2026, at 3:15 pm. It is free for anyone who wants to sign up and the link for sign up is below. It is free for anyone who wants to sign up and the link for sign up is below. …
Soybeans Move Higher on Monday
SOYBEANS– November beans made a high at 1207 ¼ today but faded the rest of the day. The high in November beans on Friday was 1199. The next resistance is the previous high at 1214. On Friday, new crop ending stocks were unchanged at 310 mb. Old crop ending stocks were cut 10 mb to 330 mb. World ending …
Cattle Markets Break Down to New Lows for Down Move
For those interested I hold a weekly livestock webinar on Tuesdays. My next webinar will be Tuesday, July 14, 2026, at 3:15 pm. If you cannot attend live a recording will be sent to your email upon completion of the webinar. Sign Up Now Cattle futures fell to a new low for the recent down move before retracing in front …
Wheat Leads the Grains Higher on Friday
SOYBEANS– The grains had a bullish reaction to today’s WASDE report. November beans traded as high as 1199 after the report came out. Production was estimated slightly higher from June at 4.475 and 4.435 bb, respectively. New crop ending stocks were unchanged at 310 mb, while old crop ending stocks were cut 10 mb to 330 mb. World ending …
Wheat Trades Higher on Thursday
SOYBEANS– November beans sold off today after trading above 1200 yesterday. Today’s export report showed sales of 54k for the current marketing year and 462k for next year. There is a new WASDE report tomorrow. September ’26 Soybeans (ZSU26) settled at 1168.75 (-14.75), high of 1185.25, low of 1167. November Soybeans (ZSX26) settled at 1180 (-12.25), high of 1194.25, …
Grains Go Down On Wednesday
SOYBEANS– The soybeans backed off today after restarting the uptrend. The market is hopeful for more Chinese demand in September. November beans are back inside the previous trading range and above the key moving averages. November beans have resistance at 1200 and at the prior high 1214. September ’26 Soybeans (ZSU26) settled at 1179.50 (-7.50), high of 1193.25, low …
Pure Hedge – Livestock and Grain
7/7/26 Hello, I will be back to my normal writing schedule next week. The Markets have been preforming very well, so I have backed off talking about it. The Soybean Oil could be the best trade of the year, and I am talking about the second half of this year. The Monsoon rains are not developing as strongly as usual …
Grain Spreads: Four Trade to Consider
Please join me for a free grain webinar every Thursday at 3pm Central. We discuss supply, demand, weather, and the charts. Sign Up Now Soymeal I believe in meal long term due to 30-year lower harvests in the US Hard Red Winter Wheat belt and potentially EU due to heat and drought. The thinking is less wheat moving into feed …
The Grains Rally Again on Tuesday
SOYBEANS– Soybeans made another move higher today, but the move wasn’t as extreme as yesterday. 1200 will likely continue to be resistance for the time being. The high of the day today was 1198 ¾ in November beans. Soybean conditions were slightly lower this week. Soybeans will likely be supported until there’s more clarity on what China is going …
Cattle Markets Make New Low For Down Move
For those interested I hold a weekly livestock webinar on Tuesdays. My next webinar will be Tuesday, July 06, 2026, at 3:15 pm. If you cannot attend live a recording will be sent to your email upon completion of the webinar. Sign Up Now Cattle futures started the week on a sour note, opening lower and breaking down to new …