If you would like to receive more information on the commodity markets, please use the link to join my email list Sign Up Now Soybeans traded lower initially after the release of the October WASDE this morning but reversed off the 50-day moving average and closed the day higher but still below $13. Soybean production was estimated at 4.562 billion …
Cattle Markets Surge – Cash Markets Steady
For those interested I hold a weekly livestock webinar on Tuesdays. My next webinar will be Tuesday, October 13, 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 The Cattle futures markets had a rocky start to the week, breaking down on Monday to …
Grain Spreads: Hedge $5.00 Corn
Please join me for a free grain webinar every Thursday at 3pm CST. We discuss supply, demand, weather, and the charts. https://attendee.gotowebinar.com/register/6998266625126700123?source=Lusk+Blog Commentary USDA surprised the trade today with very bearish numbers across the board. A notable jump in yields to 181.2 bushels/acre, up from a 177.7 estimate and 178.5 last month, combined with a 282-million-bushel increase in ending stocks from …
Walsh Pure Grain Technicals / Daily News – Pure Hedge Division
Corn Cracks, Bears Attack Tim Healy 10/9/2026 If you would like to receive more information on the commodity markets or would like to open an account, please give me a call. Corn: strong bearish momentum Alignment: Latest price < 7-day < 14-day < 21-day Technical reading: Bearish, with downside momentum accelerating. Avoid treating the market as technically recovered solely …
Corn Reverses After Trading Nearly Limit Down
The WASDE report numbers were bearish for soybeans, but the market ignored the yield and ending stock increases and rallied back off the low of the day. The export estimate was raised from 1,685 mb last month to 1,695 mb. November’26 Soybeans (ZSX26) settled at 1292 (+4.25), high of 1299.25, low of 1292. January ‘27 Soybeans (ZSF27) settled at 1309.25 …
MAR KANSAS CITY-CHICAGO WHEAT SPREAD (KEH27-ZWH27)
WALSH PURE SPREADER Pure Hedge Division RICH MORAN 10/8/2026 MAR KANSAS CITY-CHICAGO WHEAT SPREAD (KEH27-ZWH27) Hard Red Winter Wheat minus Soft Red Winter Wheat is more commonly known as the Kansas City-Chicago Wheat Spread. These wheats are similar, however they are used for different end products. Kansas City (Hard Red Winter) Wheat is used for all-purpose flour and is found …
Chicago Wheat Trade Idea
For those interested I hold a weekly livestock webinar on Tuesdays. My next webinar will be Tuesday, October 13, 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 Funds are short wheat. With the continued attacks by both sides on the Black Sea causing …
Walsh Soybean Opportunities – Pure Hedge
If you would like to receive more information on the commodity markets, please use the link to join my email list Sign Up Now Soybeans started the week off strong after comments from the White House saying that China is going to double their purchases of U.S. agricultural products, but the November contract closed below 1300 during today’s session. Recently …
Meal Rallies $10, SBO Moves Lower
The October WASDE is the one of the more volatile reports historically, 2nd/12. But the pre-report estimates from Bloomberg are not expecting major changes. The average yield estimate is 52.9 bpa from 52.8 bpa last month, while ending stocks are expected -1 million bushels to 309 mb. There was likely some short covering in meal today. November’26 Soybeans (ZSX26) settled …
Energies Mixed Betwixt EIA and FOMC Minutes
As of Thursday morning, 7 October 2026, Energies markets are pricing the morning’s EIA report ahead of FOMC minutes report due out at 1 PM Central Time. The morning’s EIA report showed a draw of 3.2 million barrels, which is one factor in the front month CLX26 Crude Oil WTI contract trading closer to the lows of the day down …