For those interested I hold a weekly livestock webinar on Tuesdays. My next webinar will be Tuesday, May 26, 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 tapped out this week with Live Cattle futures breaking down all week and Feeder …
Soybeans Close Below 1200 Again
SOYBEANS– Despite closing positive July failed to close above 1200 while November closed below 1190. Soybeans have failed to break, but I believe this is the type of market where it’s prudent to sell rallies. The drought monitor showed a 1 point drop yesterday to 27% under drought. Argentina’s harvest is 75% completed. Argentina’s production is estimated at 50.1 mmt, …
Grain Spreads: Fertilizer and Corn
Please join me for a free grain webinar every Thursday at 3pm Central. We discuss supply, demand, weather, and the charts. 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 Corn pulled back for the 3rd day in a row today …
The Grains Trade Lower on Thursday
SOYBEANS– July beans had another close below 12 bucks today after making a high at 1204. November beans also closed below 12 bucks after making a high at 1295 ¼. The market is waiting on more clarity about the China meeting. The charts and fundamentals lean bearish, and there was another Iran deal reported again today. Exports today were okay …
The Grains Trade Lower on Wednesday
SOYBEANS– Soybean planting is moving along at a strong pace. The market is likely continuing to move lower due to no confirmation from the Chinese in regard to the $17 billion in US Ag purchases. Both July and November beans closed below 1200 today. If July beans fail to hold support at the 1170 area then prices could be headed …
Pure Hedge – Livestock and Grain
5/19/26 . . . . If you don’t like the customer service or lack of personal attention you are receiving from your broker, you have options, and you don’t have to stay there. Account transfers are easy and so is opening a new account. Sign Up Now . . If you would like to receive more information on the …
Grain Spreads: Gap Hunting in Soybeans
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 Spread trading was noted today in both corn and soybeans given the lack of fresh fundamental news. A rally in the global oilseed market was supportive for the soy complex, but optimism faded by the …
Grain Spreads: Headline Driven
Please join me every Thursday at 3pm Central for a free grain webinar. We discuss supply, demand, weather, and the charts. Sign Up Now Commentary Soybean prices surged following yesterday’s announcement from the U.S. Trade representative that said, “China will purchase at least $17 billion per year of U.S. agricultural products in 2026 (prorated), 2027, and 2028, in addition to …
Hogs Can’t Hold Early Rally and Breakdown
For those interested I hold a weekly livestock webinar on Tuesdays, and my next webinar will be Tuesday, May 19, 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. …
The Grains Rally After the $17B Chinese Ag Purchase Announcement
SOYBEANS– Beans had a huge rally today after the $17 billion Chinese Ag purchase announcement over the weekend. Soybeans started to move higher in the overnight session, trading 24 cents higher. For the week ending May 14, soybean export inspections were 483k. The weekly pace needed to hit the USDA forecast was 464k. July ’26 Soybeans (ZSN26) settled at 1212 …