1/29/25 . If you would like to receive more information on the commodity markets, please use the link to join my email list Sign Up Now . . The Livestock Markets were mixed again today, with the Fats and Feeders breaking multiple dollars. The Fats dropped over two dollars today. April’25 Live Cattle was 2.32 ½ lower today …
Chart of the Day – March Soybeans
The information and opinions expressed below are based on my analysis of price behavior and chart activity Wednesday, January 29, 2025 March Soybeans (Daily) March Beans closed up 15 ½ cents on Wednesday, settling at 10.60 ½. Volume of almost 120,000 was decent, but today was also one of the lowest volume days of the month, so far. You can …
U.S. Crude Oil Inventory Build Ends Nine Consecutive Weeks of Inventory Draws
The March WTI (CLH25) trading session settled at 72.62 (-1.15) [-1.56%], a high of 7, a low of 7. Cash price is at 73.79 (+0.64), while open interest for CLH25 is at 328,606. CLH25 settled below its 5 day (73.82), below its 20 day (74.66), above its 50 day (71.14), above its 100 day (70.04), above its 200 day (72.15) …
The Sinclair Report: Grain Markets Continue to Show Strength
John Simpson – January 29, 2025 A Bullish Outlook Across the Board In my opinion, the grain markets are in a strong position for continued upside momentum. The latest Commitment of Traders (COT) report confirms that managed money has been adding to long positions across key grain futures, reinforcing the bullish sentiment in the market. Recent price action in corn, …
Grain Spreads: Wheat vs Corn
Please join me for a free grain webinar every Thursday at 3pm. We discuss supply, demand, weather, and charts. Sign Up Now Commentary If you have been watching the action in wheat lately, you might have found a cure for insomnia. Boring, choppy and rangebound. From 5.40 to 5.30 is where buyers have emerged, and selling has dried up. A …
Chart of the Day – April Live Cattle
The information and opinions expressed below are based on my analysis of price behavior and chart activity Tuesday, January 28, 2025 April Live Cattle (Daily) April Live Cattle settled up 3.450 today, closing at 207.275, setting another record-high of 207.725 and also a record-high close. That’s 5 days in a row, for those keeping track at home. You might see …
Crude Oil Recovers From Monday’s Two-Week Lows
The March WTI (CLH25) trading session settled at 73.77 (+0.60) [+0.82%], a high of 74.31, a low of 72.93. Cash price is at 73.15 (-1.48), while open interest for CLH25 is at 330,550. CLH25 settled below its 5 day (74.37), below its 20 day (74.55), above its 50 day (71.05), above its 100 day (69.99), above its 200 day (72.18) …
Walsh Gamma Trader
1/28/25 . 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 MAR’25 SOYBEAN OIL BUY 43 CALL 2.58 OR $1,548.00/CONTRACT – THREE WEEKS AGO WAS 0.98 OR $588.00/CONTRACT 24 Days – 2/21/25 …
Pure Hedge – Livestock and Grain
1/27/25 . If you would like to receive more information on the commodity markets, please use the link to join my email list Sign Up Now . . The Livestock Markets were mixed today, with the Fats and Feeders both setting new contract highs. The Fats traded over 205.00 today. April’25 Live Cattle was 80 cents higher today …
Charet of the Day – March Corn
The information and opinions expressed below are based on my analysis of price behavior and chart activity Monday, January 27, 2025 March Corn March Corn settled down 4 ½ cents on Monday, closing at 4.82. Last week saw Corn prices touch 4.94 ½, their highest level since May 29th of 2024, setting the weekly high last Thursday. Friday was a …