For those interested I hold a weekly livestock webinar on Tuesdays, and my next webinar will be Tuesday, September 01, 2026, 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. …
Wheat Closes Higher, Corn and Wheat Trade Lower
SOYBEANS– November beans made at 1172 before reversing and finishing lower on the day. China booked almost half of the new crop sales on today’s export report. The soybean oil share has gone down significantly from just a few weeks ago. November’26 Soybeans (ZSX26) settled at 1268 (-2.50), high of 1272, low of 1250.75. January ‘27 Soybeans (ZSF27) settled …
Walsh Cattle Opportunities – Pure Hedge
The cattle markets have been under heavy pressure since mid-June, and price action has yet to confirm a bottom in either the fats or the feeders. However, the underlying fundamentals are becoming hard to ignore. Placements on last Friday’s Cattle on Feed report were 11% behind last year and below the average pre-report trade estimate. September feeder cattle are trading …
OCT-DEC SOYBEAN MEAL SPREAD (ZMV26-ZMZ26)
WALSH PURE SPREADER Pure Hedge Division RICH MORAN 8/26/2026 OCT-DEC SOYBEAN MEAL SPREAD (ZMV26-ZMZ26) I am looking at Full Carry in the Soybean Meal market. I am skipping SEP ‘26 because we are only 19 days out from the last day of trading in SEP ‘26 Soybean Meal. Full Carry for OCT-DEC Soybean Meal is 10.65. Today, the OCT-DEC Soybean …
Wheat Leads the Grains Sharply Higher
SOYBEANS– Soybeans were sharply higher on the day, while meal finished nearly $10 higher. There was a 330k mt flash sale of soybeans to China this morning. November’26 Soybeans (ZSX26) settled at 1266 (+23.75), high of 1270, low of 1232. January ‘27 Soybeans (ZSF27) settled at 1276 (+23.76), high of 1284.5, low of 1246.75. Cash price is at 1231 …
Pure Hedge – Livestock and Grain
8/25/26 I thought the US Government would announce something new on Friday pertaining to the Cattle Markets and I was right. The Cattle on Feed Report had 102% on Feed, but that was overshadowed by the Low Placement number at 89%. The expected Bearish Report turned out to be Bullish, but the Government got in front of that news and …
JAN-MAR SOYBEAN SPREAD (ZSF27-ZSH27)
WALSH PURE SPREADER Pure Hedge Division RICH MORAN 8/25/2026 JAN-MAR SOYBEAN SPREAD (ZSF27-ZSH27) As I have mentioned, I am a big fan of the Soybean Oil market, especially at these current levels. My favorite month in the Soybean Oil market is DEC ’26 (ZLZ26). I have suggested buying ZLZ26 versus JAN ’27 (ZLF27), MAR ’27 (ZLH27) and JUL ’27 (ZLN27). …
Grain Spreads: China Buys Again
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 Buying in beans picked up this morning and the market turned higher from a lower start and ended on the highs of the day. Sharp weakness in bean oil also was reversed, easing pressure on …
Corn Fails to Close Above 525 for the Second Day in a Row
SOYBEANS– Soybean conditions were rated 60% good/excellent on yesterday’s Crop Progress report. Conditions fell 1 point behind last week and 9 points behind last year. Soybean oil was higher today despite the delay to the EPA biofuel compliance deadline. Meal may be undervalued here, with the rally in the other grains, especially if there’s a weather problem in South …
Pure Hedge – Livestock and Grain – Grain Hedge Plans
8/24/26 . . I put together a few Hedge Plans for new customers, and I thought I would share them. Please give me a call if you have any questions. . . . . IT IS TIME TO CALL ME . . BELOW IS A DIRECT LINK TO FILL OUT ACCOUNT PAPERWORK – PLEASE CALL ME IF YOU HAVE ANY …