SOYBEANS– May beans were up 3 ½ cents in the overnight session but closed today’s session lower. After selling off with crude yesterday, soybeans failed to rally with crude today. There is likely some risk being taken off ahead of Good Friday. Crush is continuing at a strong pace, with a new crush record for February at 214 mb. Crush …
Grain Spreads: Funds Defend Positions
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 Yesterday’s USDA reports were mostly neutral to the market as numbers were within the range of expectations. The most noted numbers were a slightly larger corn acreage and higher soybean stocks than the average guess, …
Lower Crude Oil Pressures the Grains on Wednesday
SOYBEANS– Soybeans were 5 cents lower in the overnight session and were lower again today. May beans made a low at 1153 but reversed higher as the day went on. The potential for a ceasefire between the US and Iran sent crude lower today and dragged beans down with it. Acreage was estimated yesterday below the average trade guess at …
Pure Hedge – Livestock and Grain
3/31/26 . . . . 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 …
Chart of the Day – May Wheat
The information and opinions expressed below are based on my analysis of price behavior and chart activity Sign Up to receive Walsh Trading’s 1st Half of 2026 Market Outlook First Half of 2026 Outlook for the Livestock and Grain markets. Tuesday, March 31, 2026 May Wheat (Daily) May Wheat settled at 6.16 ¼, up 9 ¼ cents on the day. …
Soybeans Close Higher After the USDA Estimates Acreage Below the Trade Estimate
SOYBEANS– The Grain Stocks and acreage reports were released this morning. The USDA estimated planted area at 84.7 ma, which is a 4% increase from last year. The average trade estimate pre-report was 85.52 ma. The USDA estimated soybeans in all positions at 2.10 bb, up 10%. The pre-report estimate for quarterly stocks was 2,077 mb. Off-farm stocks and on …
Hog Rally Stalls and Pulls Back
For those interested I hold a weekly livestock webinar on Tuesdays, and my next webinar will be Tuesday, March 31, 2026, at 3:15 pm. Sean Lusk will be joining the webinar and will cover the grain markets. It is free for anyone who wants to sign up and the link for sign up is below. It is free for anyone …
Chart of the Day – June Live Cattle
The information and opinions expressed below are based on my analysis of price behavior and chart activity Sign Up to receive Walsh Trading’s 1st Half of 2026 Market Outlook First Half of 2026 Outlook for the Livestock and Grain markets. Monday, March 30, 2026 June Live Cattle (Daily) June Live Cattle settled at 240.200 on the day, gaining 1.425 from …
Corn Trades Lower Ahead of the Acreage & Quarterly Stocks Reports Tomorrow
SOYBEANS– It was a quiet day for beans ahead of the big report day tomorrow. Analysts are expecting soybean acreage to increase by at 4 million acres. Soybean stocks are also anticipated to rise. I would be very surprised to see soybeans close higher tomorrow. Fundamentals have been ignored recently, with crude rallying and the China meeting ahead. However, I …
WRT World Agricultural Supply and Demand March 29
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