Cattle Market See Short-Covering in Front of COF If you would like to receive more information on the commodity markets, please use the link to join our email list – Sign Up Now For those interested I hold a weekly livestock webinar on Tuesdays. My next webinar will be Tuesday, July 21, 2026, at 3:15 pm. If you cannot attend …
Grain Spreads: Beans to the Gap?
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 While the US-Iran conflict dominates the energy sector, the Russia-Ukraine conflict dominates the grain markets, as headlines steered the markets in unison while rumors and counter-rumors circulated. Soybeans took advantage of lackluster growing conditions in …
Soybeans Close Higher on Friday
SOYBEANS– Soybeans led the grains, trading higher on the day. Soybeans reversed off their lows today, while soybean oil finished the day lower. Soybean meal faded as the day went on. Soybean oil has strong support below and may be a good buy here. September ’26 Soybeans (ZSU26) settled at 1239 (+8), high of 1243, low of 1225. November …
Pure Hedge – Livestock and Grain
7/23/26 Well, yesterday was just fine, with the Cattle Markets breaking and the Soybean Oil shooting higher. The October’26 Feeders traded through my target level at 330, and I took off all of my short futures and options positions in the Fats and Feeders, and it worked out very well. Today, the Cattle Markets did not do much, when compared …
DEC-JUL SOYBEAN OIL SPREAD (ZLZ26-ZLN27)
WALSH PURE SPREADER Pure Hedge Division RICH MORAN 7/23/2026 DEC-JUL SOYBEAN OIL SPREAD (ZLZ26-ZLN27) I have recently expressed that I believe the Soybean Oilshare is not done increasing. I think it will continue to increase over the next six months or so. My favorite way to play this is buying soybean oil spreads. Nothing is always in the commodity futures …
Corn and Beans Close Slightly Higher on Thursday
SOYBEANS– Soybeans traded as high as 1149 ½ in the November contract before selling off sharply at mid-day. In addition to the psychological resistance at 1250, soybeans have trendline resistance at 1252. The 8-14 day forecast shows below average rainfall in the upper Midwest. September ’26 Soybeans (ZSU26) settled at 1227.75 (+1.75), high of 1236, low of 1223.75. November …
Grain Spreads: Dec 26/Dec 27 Corn
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 Managed money is at again the grain complex as threats to maritime transit is the theme of the week. escalations being seen in the Strait of Hormuz, Black Sea, and now Red Sea, the most front-of-mind …
Wheat Trades Sharply Higher on Wednesday
SOYBEANS– Soybeans finished the day higher today after closing lower yesterday. The forecast still looks relatively dry overall, and soybeans closed near the high of the day. China continues to buy US beans. The next meeting with Xi is in September. September ’26 Soybeans (ZSU26) settled at 1225.75 (+15.25), high of 1227.75, low of 1206.25. November Soybeans (ZSX26) settled …
Pure Hedge – Livestock and Grain
7/21/26 The Cattle Markets had several price swings today, both negatively and positively, with the Fats and Feeders both settling fractionally lower. This past Friday on 7/17 the October’26 Feeder Cattle traded close to my target level at 330 and made a new 1-month low at 330.52 ½. Yesterday the October’26 Feeders settled 7-dollars higher and todays trade did not …
Grain Spreads: Wheat Rising
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 Kansas City wheat closed with buyers active on the close pushing values up over 10 cents on the day while Chicago finished up 5 cents. The action shows the unknown in the Black Sea will …