4/11/25
.
.
If you would like to receive more information on the commodity markets, please use this link to join my email list Sign Up Now
.
.
All of the Livestock and Grain Markets rallied today. The Livestock Markets were higher again today. The Fats were up over buck today. June’25 Live Cattle were 1.60 higher today and settled at 196.80. Today’s high was 197.37 ½ and that is the new 1-month high was well. Today’s low was 194.65 and the 1-month low is 191.80. Since 3/11 June’25 Live Cattle are 0.55 higher or fractionally higher. The Feeders gained over 3-dollars today. May’25 Feeder Cattle were 3.40 higher today and settled at 278.70. Today’s high was 279.15 and the 1-month and 52-week contract high is 290.62 ½. Today’s low was 274.20 and the 1-month low is 276.20. Since 3/11 May’25 Feeder Cattle are ¼ of a cent lower or fractionally higher. The Hogs were slightly higher today. June’25 Lean Hogs were 15 cents higher today and settled at 93.32 ½. Today’s high was 94.05 and the 1-month high is 99.70. Today’s low was 92.55 and the 1-month low is 88.00. Since 3/11 June’25 Lean Hogs are 5.05 lower or more than 5%. The Cattle Markets bounced higher again today, and we will soon see if the one day up next day down pattern continues. The Funds are still long, and the Market keeps running higher the day after they sell. If stocks are lower on Monday, I would expect the Funds to start selling again. They won’t hold their long position forever, especially with this much volatility. I like the same levels lower. 190 for the June’25 Fats and 260-265 for the May’25 Feeders. The Hogs need to get to get back above 96.05 to climb higher.
.
.
I see two big trades for this year. I still like the Soybean Oil and the Natural Gas. These markets will correct. I like The Wheat at 650, still. Watch the Soybean Oil Run Higher from Here. NOW IS THE TIME TO OPEN AN ACCOUNT.
.
.
The Grain Markets started to move closer to my target levels today. The Beans had a good day today. May’25 Soybeans were 13 ¾ cents higher today and settled at 1042 ¾. Today’s high was 1044 ½ and that is the new 1-month high as well. Today’s low was 1021 ¾ and the 1-month low is 969 ½. Since 3/11 May’25 Soybeans are31 ½ cents higher or more than 3%. The Corn continues to trade higher. May’25 Corn gained 7 ¼ cents today and settled at 490 ¼. Today’s high was 490 ¾ and that is the new 1-month high as well. Today’s low was 481 ¾ and the 1-month low is 442. Since 3/11 May’25 Corn is 20 cents higher or more than 4%. The Wheat Market was aggressively higher today. May’25 Wheat was 17 ¾ cents higher today and settled at 555 ¾. Today’s high was 556 ¾ and the 1-month high is 575 ¼. Today’s low was 536 ½ and the 1-month and 52-week contract low is 517 ½. Since 3/11 May’25 Wheat is 1 cent lower or fractionally lower. The Grain Markets looked great today, as the Wheat led the charge higher. The most impressive part to the Grain Markets today is that they all closed near the highs, after setting multiple new monthly highs. These are the moves I have been anticipating and writing about, and they are not done. I still like my same upside levels. For the May’25 Soubeans I like the 1050 and then 1100-dollar levels. The May’25 Soybeans settled above the 200-Day moving average of 1042 ¾ today. The 50% retracement from the 52-week high/low is 1096. The continues to look great, and the May’25 Corn settled just ½ a cent below the new 1-month high of 490 ¾. The con can continue to climb to 500 but beware of a pullback if that level is reached. The Wheat looks fantastic, and I feel it has room to run higher. Today, the May’25 Wheat closed just a penny off the high, and just 7 ½ cents from the 100-Day moving average of 562 ¼. I still like the 580 level, 600 level, and then 650 Wheat. The 1-month high is 575 ¼, the 200-Day moving average is 582 ¼, and the 50% retracement from the 52-week high/low is 644 ½. The Soybean Meal joined the rally today as well. I still like the May’25 Bean Meal above the 330 level. The Bean Oil looks great, and I feel it has another 30% left to the upside. I like it for all the same reasons and rolled a bunch of it up today. If you are interested in trading this contract, give me a call. Have a great weekend.
.
.
*Starting next week, I will have the Walsh Gamma Trader every Monday, and Pure Hedge – Livestock and Grain every Tuesday and Thursday. *
.
.
August’25 Natural Gas 5-Year Chart Below.
.
.
.
.
September’25 Soybean Oil 5-Year Chart Below.
.
.
.
.
USE THE QR CODE BELOW TO SIGNUP FOR TRADE ALERTS
.
.
.
.
If you would like to receive more information on the commodity markets, please use the link to join my email list Sign Up Now
.
.
Thank you to all of my Canadian Customers. If you live in Alberta or Ontario, you are able to open an account in the USA. Hopefully we can work with the Province of Saskatchewan, and all Canandian Provinces soon. Your ability to open an account in the US is blocked by your Provincial Governments, not by the United States.
.
.
Thank you to all of my old and new Customers. I appreciate your business. To those of you that are close to opening an account, please call me if you have any questions, and I look forward to working with you soon. To anyone thinking about opening a Hedge or Trading account, give me a call and we can talk about it.
.
.
Most Recent Walsh Gamma Trader Link Walsh Gamma Trader
.
.
.
.
.
.
.
.
Give me a call if you have any questions.
.
.
Bill Allen
Vice President
Pure Hedge Division
Direct: 312-957-8079
WALSH TRADING INC.
311 South Wacker Drive
Suite 540 Chicago, Illinois 60606
Walsh Trading, Inc. is registered as a Guaranteed Introducing Broker with the Commodity Futures Trading Commission and an NFA Member.
Futures and options trading involves substantial risk and is not suitable for all investors. Therefore, individuals should carefully consider their financial condition in deciding whether to trade. Option traders should be aware that the exercise of a long option will result in a futures position. The valuation of futures and options may fluctuate, and as a result, clients may lose more than their original investment. The information contained on this site is the opinion of the writer or was obtained from sources cited within the commentary. The impact on market prices due to seasonal or market cycles and current news events may already be reflected in market prices. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
All information, communications, publications, and reports, including this specific material, used and distributed by Walsh Trading, Inc. (“WTI”) shall be construed as a solicitation for entering into a derivatives transaction. WTI does not distribute research reports, employ research analysts, or maintain a research department as defined in CFTC Regulation 1.71.