On Friday, January 17, days before the inauguration of a new United States president, U.S. March 2025 corn closed higher at $484.25 per bushel and U.S. March 2025 soybeans closed higher at $1,034.00 per bushel. In my opinion, these higher prices reflect changes that could be coming with the new administration. Charts courtesy of CQG, January 17, 2025 According to …
Pure Hedge – Livestock and Grain
1/17/25 – The Art of the Hedge . 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 Cattle Markets were mixed today, with the Hogs down another buck. The Fats had a slight gain today. February’25 Live Cattle was 15 …
Crude Oil Finishes Higher For Fourth Straight Week – WTI Crude Oil
The March WTI (CLH25) trading session settled at 77.39 (-0.46) [-0.59%], a high of 78.55, a low of 77.14. Cash price is at 78.66 (-1.37), while open interest for CLH25 is at 369,800. CLH25 settled below its 5 day (77.54), above its 20 day (72.96), above its 50 day (70.39), above its 100 day (69.73), above its 200 day (72.27) …
Cattle Gameplan February 2025
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, January 21, 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. …
Grain Spreads: Corn Keeps a Rolling
Please join me every Thursday for a free grain webinar at 3pm Central. We discuss supply, demand, weather, and the charts. Sign Up Now Commentary The January USDA reports showed fundamental shifts that sparked renewed corn and soybean market strength since the January 10th report. While the corn market had seemingly been pricing in supportive data, strong gains indicated USDA’s …
The Sinclair Report
Grain Market Outlook: A Strong Rally Amidst Softening Dollar and Robust Outside Markets In my opinion, the grain markets are displaying a solid performance across the board, with various futures contracts showing strength despite some mixed signals in specific areas. The March corn futures market has been strong following the latest grain report, and I believe the next major target …
Hogs Breakdown
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, January 21, 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. …
Supply Risks, Global Demand Growth, Short-Covering Push Crude Prices to New Highs – Crude Oil
The March WTI (CLH25) trading session settled at 78.71 (+2.34) [+3.06%], a high of 79.39, a low of 76.16. Cash price is at 77.51 (-1.36), while open interest for CLH25 is at 360,370. CLH25 settled above its 5 day (76.36), above its 20 day (72.15), above its 50 day (70.11), above its 100 day (69.64), above its 200 day (72.27) and …
Pure Hedge – Livestock and Grain
1/15/25 . 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 Cattle Markets were higher again today, with the Hogs down half a buck. The Fats gained another dollar today. February’25 Live Cattle were 1.12 ½ lower today and settled at …
The Sinclair Report
Analyzing the July-December Bean Oil Futures Spread: A Potential for Expansion As of now, the July-December bean oil futures spread is around $1, but I am anticipating this spread to widen to $4-5 in the coming months. In my view, several factors will likely contribute to this change, driven by both seasonal trends and supply-demand dynamics in the soybean oil …