For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, January 28, 2024, 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. …
Mind the gap in soybean meal
March soybean meal gapped lower Thursday, January 23, on news that Argentina lowered export taxes starting Monday, January 27, and continuing through June. With two crops per year, Argentina’s soybean harvest period can begin as early as late February and extend into June. Above: Daily March 2025 Soybean chart, courtesy of CQG Above: Daily March 2025 Soybean Meal chart, courtesy …
Pure Hedge – Livestock and Grain
1/24/25 . 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 all higher again today. The Fats made new contract high again today. April’25 Live Cattle was 2.30 higher today and settled at 203.02 ½. Today’s high …
Cattle Markets Make New All-time Highs, Hogs Follow Along
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, January 28, 2024, 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. …
Chart of the Day – April Live Cattle
The information and opinions expressed below are based on my analysis of price behavior and chart activity Friday, January 24, 2025 April Live Cattle April Live Cattle closed at 203.025 on Friday, gaining 2.30 on the, finishing off the week with 3 consecutive record high closes. That puts the April Fats up 8.750 this month (+4.5%) and if they can …
President Trump’s First Week Ends With Lower Oil Prices
The March WTI (CLH25) trading session settled at 74.66 (+0.04) [+0.05%], a high of 75.21, a low of 74.01. Cash price is at 74.63 (-0.80), while open interest for CLH25 is at 345,849. CLH25 settled below its 5 day (75.57), above its 20 day (74.16), above its 50 day (70.81), above its 100 day (69.87), above its 200 day (72.22) …
Grain Spreads: Tax Pressure in the Soy Sector
Please join me every Thursday at 3pm Central. We discuss supply, demand, weather, and the charts. Sign Up Now Commentary Beans were down all day after Argentina announced a cut in export tax rates on Thursday night, but the market erased some of the losses by the close. Calendar spreads were weaker, as beans lost to the corn, with meal …
The Sinclair Report
Cattle Futures Rally: Record Cash Prices Fuel Continued Bullish Sentiment John Simpson – January 24, 2025 As I discussed in my January 10 article, I’ve remained bullish on the cattle markets, and today’s surge in cattle futures proves that the outlook I outlined is playing out. The cattle market continues its bullish run, driven by tight supplies, strong demand, and …
Cattle Markets Make New all-time Highs
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, January 28, 2024, 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 Markets React To President Trump’s Message To Saudi Arabia, OPEC
The March WTI (CLH25) trading session settled at 74.62 (-0.82) [-1.09%], a high of 76.00, a low of 74.14. Cash price is at 75.43 (-0.47), while open interest for CLH25 is at 361,898. CLH25 settled below its 5 day (76.14), above its 20 day (73.89), above its 50 day (70.67), above its 100 day (69.83), above its 200 day (72.23) …