Please join me for a free grain webinar every Thursday at 3pm Central. We discuss supply, demand, weather, trading ideas and the charts. Sign Up Now Commentary As expected, today’s WASDE report from USDA did not offer any major surprises, except for a slightly larger cut than expected to the Argentina soybean crop. But overall, the report in my opinion …
Pure Hedge – Livestock and Grain
2/10/25 . 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 gaining more than 1.00 to 3.00 dollars respectively. The Fats settled more than a dollar higher. April’25 Live …
Chart of the Day – December Corn
The information and opinions expressed below are based on my analysis of price behavior and chart activity Monday, February 10, 2025 December Corn (Daily) December Corn closed at 4.71 ¼ today, up 5 ¼ cents on the day. After opening last night below Friday’s low, prices rallied throughout the session, closing above Friday’s high, posting a Bullish Engulfment on the …
Hogs Can’t Hold Rally, Stay in Consolidation Mode
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, February 11, 2025, 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: Corrections Across Wheat
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 All three wheat classes saw a decent amount of short covering in the last three weeks as wheat plays catch vs corn up the page. We finally hit a wall last Friday, as prices in …
The Sinclair Report: Navigating Livestock Markets Amid Bird Flu Concerns
Cattle Market Analysis As of February 7, 2025, the cattle market has begun to correct, with prices retreating from a high of 199.80. My key support level is at 195.35, with a potential downside target of 188.00. This correction reflects broader market sentiment, which has been shaken by recent developments in the livestock industry, particularly concerns stemming from the spread …
Walsh Gamma Trader
2/10/25 . 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 3.16 OR $1,896.00/CONTRACT – FIVE WEEKS AGO WAS 0.98 OR $588.00/CONTRACT 11 Days – 2/21/25 …
Do we have a corn market now?
It has been a turbulent month in U.S. trade policy. First President Donald Trump announced tariffs of 25 percent on Mexico and Canada. After last-minute talks with both countries, Trump agreed to a 30-day reprieve. The 10-percent levy on all China imports still stands. It may be only a matter of time before tariffs on our southern and northern neighbors …
Cattle Markets and Hogs Drift in a Quiet End to the Week
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, February 11, 2025, 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. …
Crude Oil Settles Lower For Third Consecutive Week
The March WTI (CLH25) trading session settled at 71.00 (+0.39) [+0.55%], a high of 71.41, a low of 70.47. Cash price is at 70.62 (-0.43), while open interest for CLH25 is at 266,938. CLH25 settled below its 5 day (71.70), below its 20 day (74.36), below its 50 day (71.60), above its 100 day (70.45), below its 200 day (71.98) …