If you would like to receive more information on the commodity markets, please use the link to join our email list Sign Up Now If you’re ready to start trading, click the link below to open an account with Walsh Trading, Inc. Open An Account Hans SchmitBroker, Pure Hedge Division312-765-7311hschmit@walshtrading.com Walsh Trading, Inc. is registered as a Guaranteed Introducing Broker …
Cattle Markets Rally Early to Weekly High and Pull Back
For those interested I hold a weekly livestock webinar on Tuesdays. My next webinar will be Tuesday, August 4, 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 started the week on an ugly note, making new lows for the …
Grain Spreads: 4.60 Dec 26 Corn Straddles
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 USDA’s 4 percentage point drop in the good to excellent categories reflected the impact of hot and dry weather in the western Corn Belt and gave futures a mild bump early in the week. However, forecasts …
Wheat Trades Sharply Lower on Friday
SOYBEANS– Soybeans finished the day close to unchanged and close to coming back into an area of support. US beans are now trading at a discount to Brazil following the sell-off. Soybeans likely aren’t staying here and a lot will depend on Sunday night weather. September ’26 Soybeans (ZSU26) settled at 1171.25 (-1), high of 1179.25, low of 1164. …
Pure Hedge – Livestock and Grain
7/30/26 The Cattle Markets have a decision to make again, and the Funds and the Packers might make it for them. Tomorrow is the last trading day of the month, and it could turn into a race lower if the Funds continue to liquidate, or if the Packers try to knock it down again to justify lower prices in the …
DEC ’26 KANSAS CITY-CHICAGO WHEAT SPREAD (KEZ26-ZWZ26)
WALSH PURE SPREADER Pure Hedge Division RICH MORAN 7/30/2026 DEC ’26 KANSAS CITY-CHICAGO WHEAT SPREAD (KEZ26-ZWZ26) Kansas City Wheat and Chicago Wheat are similar, however they are used for different end products. Kansas City Wheat is used for all-purpose flour and is found in pan breads, artesian breads and noodles. If forms a stronger and more elastic dough. Chicago Wheat …
Soybeans and Corn Finish the Day Lower
SOYBEANS– Soybeans continue to make lower lows this week, trading lower again today. Soybean exports were 302k mt for old crop and 1.33 mmt for new crop. China accounted for 519k mt of new crop sales. Soybean exports for the current marketing year are still lagging behind last year’s pace. The next meeting with China is scheduled for September …
Soybeans And Corn Trade Lower on Wednesday
SOYBEANS– Soybeans were lower again today, with rain and cooler weather in the forecast. The next area of support for soybeans is 1170. September ’26 Soybeans (ZSU26) settled at 1174.75 (-30), high of 1209.75, low of 1173.50. November Soybeans (ZSX26) settled at 1191.50 (-28.50), high of 1225, low of 1190. Cash price is at 1205 (+4) September Bean Meal …
Grain Spreads: KC/Chicago 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 Markets surged higher on the overnight open as US/Iran tensions continue to boil over along with stories of more logistical issues at Russian ports. The strength was short-lived as values began to fade in the …
OCT-FEB LIVE CATTLE SPREAD (LEV26-LEG27)
WALSH PURE SPREADER Pure Hedge Division RICH MORAN 7/28/2026 OCT-FEB LIVE CATTLE SPREAD (LEV26-LEG27) As I look at the spread action in the Feeder Cattle today, I am thinking how can we try to benefit from this. Starting with SEPT ’26 Feeder Cattle (GFU26) that was up $5.30 today and going through APR ’27 Feeder Cattle (GFJ27) that was down …
