I have made this clear but here I share some levels going into the weekend. I like to think ahead of time how this will start to look and from that some trading ideas will come from that. Bonds today 3 off high had a sell going into Friday but didn’t even hang in today without dropping back to steady, …
Big Bang Low Risk Trades
Good Morning Farmers, Commercials and Traders, (late grain snapshot playing lines on bottom) Part of being a successful trader requires having levels that you confident about, followed by a trading methodology that allows you to shoot bigger with a tighter risk profile. Last month gave a precise example with soybeans where, for instance, if you were a 10 lot trader …
Final US Grain Weather Report July 19
For the complete report, CLICK HERE. For those interested in grains, Walsh Trading hosts a FREE Grain Outlook Webinar every Thursday at 3PM CST. This webinar is hosted by Sean Lusk, Director Walsh Commercial Hedging Services. Sean will host his next webinar on Thursday, July 20th. REGISTER NOW. If you cannot attend live a recording will be sent to your …
Weather Model Breaking News Bulletin July 19 from WxRisk
Traders/ farmers etc Be advised that all the short range weather models have completed their run which takes us to either Friday 7:00 PM or Saturday 7:00 PM depending on the model. All three of the primary short range models show no significant rain over any portion of Iowa through Friday 7:00 PM and only light rain under 1.25″/ 32 …
December Corn: Making Sense of It
December Corn A choppy neutral trading activity seen in today’s market activity. For tomorrow a rise above 399.4 will look to advance. First upside target zone comes in at 404-405. A hold/close above will look to challenge last week’s high 414-417. A break below 391 will look to weaken to test cross zone support at …
More Uncertainty: Soybean Complex
September Soybeans A choppy mild advance unfolds in the bean contract today. Prices hold slip zone to post moderate gains with high set at 1008.4 before easing to finish at 1004. Not a lot of structural clues made apparent to me. I’m left to focus on levels rather than wave analysis to gain any insight. Above 1005 sets …
Final US Grain Weather Report
For the complete report, CLICK HERE. For those interested in grains, Walsh Trading hosts a FREE Grain Outlook Webinar every Thursday at 3PM CST. This webinar is hosted by Sean Lusk, Director Walsh Commercial Hedging Services. Sean will host his next webinar on Thursday, July 20th. REGISTER NOW. If you cannot attend live a recording will be sent to your …
Livestock Report
Live Cattle The August Live Cattle contract remains trapped between the 100 DMA (118.175) and the 200 DMA (114.30). It opened (117.20) just above Monday’s settlement price (116.95) on Tuesday, July 18, 2017 and traded down to the low of the day at 114.775. It spent the remainder of the day consolidating in the lower end of the range (115.45 …
Ag Commentary
The markets move day to day based on the latest weather report. The risk has gone up considerably due to the uncertainty. The weather for beans will become very important last half july and into august. There still exists the opportunity for the government numbers to be the reality. The risk now is if the weather turns hot and dry,and …
Daily Gold Report
Gold prices hit a two-week high on Tuesday closing well above the 200 day moving average at 1232.7., finishing today’s session up over $8.00 to close at 1241.9. One of the reasons for the rally is the decline in the U.S. Dollar. The greenback is falling due to fading prospects of an imminent increase in U.S. interest rates and expectations …