The June WTI (CLM25) contract settled at 61.05 (+0.15) [+0.25%], high of 62.07, low of 60.12. Spot price is 61.51 (+1.34) Open interest for CLM25 is 290,785. CLM25 settled above its 5 day (60.51), below its 20 day (65.88), below its 50 day (67.68), below its 100 day (68.87), below its 200 day (69.58) and below its year-to date (69.10) …
5 Minutes on the Markets – 04/14/2025
This is posted every morning at about 8 AM, before the markets open. Can Cattle markets continue the bullish reversal that started last week? Lean Hogs eyeing an upside gap. Grains a touch weaker following last week’s strong gains, 7 consecutive days up for Corn,5 days for Beans and Soymeal. Highest close for Chicago Wheat since March 21st.
Walsh Gamma Trader
4/14/25 . If you would like to receive more information on the commodity markets, please use the link to join my email list Sign Up Now . . COMMODITY BUY/SELL COST PER CONTRACT EXPIRATION GRAINS JUL’25 SOYBEAN OIL BUY 45 CALL 3.63 ½ OR $2,181.00/CONTRACT – FOUR WEEKS AGO WAS 1.38 ½ OR $831.00/CONTRACT 67 Days …
Pure Hedge – Livestock and Grain
4/11/25 . . If you would like to receive more information on the commodity markets, please use this link to join my email list Sign Up Now . . All of the Livestock and Grain Markets rallied today. The Livestock Markets were higher again today. The Fats were up over buck today. June’25 Live Cattle were 1.60 higher …
Chart of the Day – May Soybeans
The information and opinions expressed below are based on my analysis of price behavior and chart activity Friday, April 11, 2025 May Soybeans (Daily) May Soybeans closed at 1042 ¾ on Friday, up 13 ¾ on the day. That is the highest close since February 25th and right on the 200-day moving average. The 200 day is often used as …
Oil Gains a Dollar and Change After Wild Week of Price Fluctuations
The May WTI (CLK25) contract settled at 61.50 (+1.43) [+2.38%], high of 61.87, low of 59.43. Spot price is 60.17 (-2.08) Open interest for CLK25 is 187,095. CLK25 settled above its 5 day (60.86), below its 20 day (66.60), below its 50 day (68.28), below its 100 day (69.33), below its 200 day (69.97) and below its year-to date (69.68) …
The Sinclair Report: Livestock Markets Holding Key Levels Amid Volatility: April 11, 2025 Author: John S. Simpson Jr., Senior Market Strategist, Walsh Trading
Live Cattle (LEM25)Long position established at $190.50 on March 5 reached its first target at $200.00 by March 13, topping out at $207.72 on April 2. The market has since pulled back sharply. In my opinion, $193.00 is a key technical level; the market must stay and close above this threshold for a bullish continuation. A confirmed hold above this …
5 Minutes on the Markets – 04/11/2025
This is posted every morning at about 8 AM, before the markets open. Cattle markets retraced some of Wednesday’s gains yesterday. Hog futures posted higher highs and higher lows and may try to fill some price gaps. Grains stronger following USDA data yesterday, adding to gains overnight. Metals up, led by $250 rally in Gold over three days. Stock Indexes …
Chart of the Day – May Corn
The information and opinions expressed below are based on my analysis of price behavior and chart activity Thursday, April 10, 2025 May Corn (Daily) May Corn closed up 9 cents on Thursday, settling at 483. That’s the highest daily close since February 26th. Since testing the blue trendline (drawn off the Aug-Oct lows) last on April 3rd, Corn has posted …
Oil Gives Back $2’s After Historic Day
The May WTI (CLK25) contract settled at 60.07 (-2.28) [-3.66%], high of 63.34, low of 58.76. Spot price is 62.25 (+2.61). Open interest for CLK25 is 258,227. CLK25 settled below its 5 day (60.96), below its 20 day (66.87), below its 50 day (68.48), below its 100 day (69.38), below its 200 day (70.04) and below its year-to date (69.80) …