The May WTI (CLK25) contract settled at 68.28 (+0.21) [+0.31%], high of 68.65, low of 66.63. Spot price is 68.08 (+0.95), open interest for CLK25 is 321,089. CLK25 settled above its 5 day (67.24), above its 20 day (67.64), below its 50 day (70.54), below its 100 day (69.63), below its 200 day (70.55) and below its year-to date (70.65) …
The Sinclair Report: Livestock Markets Firm as Trends Hold Steady
Date: March 21, 2025Author: John S. Simpson Jr., Senior Market Strategist, Walsh Trading Overview The livestock markets continue to display resilience and trend-following behavior as we head into the final stretch of March. Today’s focus highlights recent price action across live cattle, feeder cattle, and lean hogs, alongside positioning data from the latest CFTC Commitments of Traders (COT) report, technical …
5 Minutes on the Markets – 3/21/2025
Cattle traders waiting for the Cattle On Feed data this afternoon, will the strong uptrend continue? Corn is trying to firm up, will Beans follow? Bean Oil post highest close since March 10th. Wheat market watching development of US Winter crop.
Cattle Markets Continue Their Surge
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, March 25, 2025, at 3:15 pm. It is free for anyone who wants to sign up and the link for sign up is below. If you cannot attend live a recording will be sent to your email upon completion of the webinar. …
Oil Prices Gain Off New Iranian Sanctions
The May WTI (CLK25) trading session settled at 68.07 (+1.16) [+1.73%], a high of 68.41, a low of 66.63. Cash price is at 67.13 (+0.26), while open interest for CLK25 is 321,089. CLK25 settled above its 5 day (67.09) , below its 20 day (68.13), below its 50 day (70.74), below its 100 day (69.67), below its 200 day (70.60) …
5 Minutes on the Markets – 03/20/2025
This video is posted by about 8 AM CST every morning, before the markets open. Check back here for another update! New contract highs in Live Cattle and Feeder Cattle, Hogs weaker to test 200 day support. Export Sales early focus in Grains. New highs in Gold and Copper. Treasury Bonds and Stock Indexes all firmer this morning.
Charts of the Day – April Live Cattle
The information and opinions expressed below are based on my analysis of price behavior and chart activity Wednesday, March 19, 2025 June Live Cattle (Daily) June Live Cattle settled at 202.850 today, up 1.850. This is a new contract high close. Momentum, as measured by the MACD and Stochastic (subgraphs) seems to be strong and both of those indicators are …
Oil Gains as EIA Data Reveals Significant API Discrepancy
The May WTI (CLK25) trading session settled at 66.91 (+0.16) [+0.24%], a high of 67.43, a low of 66.09. Cash price is at 66.87 (-0.72), while open interest for CLK25 is 314,463. CLK25 settled above its 5 day (66.86) , below its 20 day (67.85), below its 50 day (70.62), below its 100 day (69.63), below its 200 day (70.57) …
The Sinclair Report March Grain Market Outlook: Signs of Weakness Emerge
By John S. Simpson Jr., March 19, 2025 The grain markets are currently displaying clear signs of sideways movement and, in my opinion, increasing weakness across key contracts. Despite brief rebounds, the broader trend lacks conviction, and market participants should be cautious. Here’s my updated perspective on corn, wheat, soybeans, and the soybean complex. Corn: Turning Bearish Corn futures (ZCK25) …
5 Minutes on the Markets – 03/19/2025
This video is posted by about 8 AM CST every morning, before the markets open. Check back here for another update! Cattle futures shed some momentum before the Cattle on Feed, Hogs bounced off support again, Grains weaker overnight. Chicago Wheat testing technical resistance.