6/5/25
.
.
If you don’t like the customer service or lack of personal attention you are receiving at your new and very large brokerage house, you have options, and you don’t have to stay there. Account transfers are easy and so is opening a new account.
.
.
If you would like to receive more information on the commodity markets, please use this link to join my email list Sign Up Now
.
.
The Livestock Markets were mixed today. The Fats made another new high today. August’25 Live Cattle were 4.47 ½ higher today and settled at 216.82 ½. Today’s high was 216.95 and that is the new 1-month and contract high as well. Today’s low was 213.05 and the 1-month low is 205.32 ½. Since 5/5 August’25 Live Cattle are 7.75 higher or almost 4%. The August’25 Feeders made a new high as well today. August’25 Feeder Cattle were 5.27 ½ higher today and settled at 309.15. Today’s high was 309.47 ½ and that is the new 1-month and contract high as well. Today’s low was 293.05 and the 1-month low is 293.05. Since 5/5 August’25 Feeder Cattle are 10.25 higher or more than 3%. The Hogs gave a little back today. July’25 Hogs were 22 ½ cents lower today and settled at 104.80. Today’s high was 105.50 and the 1-month high is 106.05. Today’s low was 103.92 ½ and the 1-month low is 98.57 ½. Since 5/5 July’25 Lean Hogs are 4.40 higher or more than 4%. The Cattle Markets made new contract highs again today, as more JBS rumors surfaced. The August’25 Fats are now in uncharted territory, and anything seems possible, but I still want to sell them. The August’25 Fats are now $27.68 over the 200-Day moving average, after gaining $6.75 over the last 5 trading days. The August’25 Feeders made a new contract high as well today and now sit $24.21 above the 100-Day moving average, after gain 9.22 ½ over the last 5 trading days. Tomorrow is Friday and we will see if the Cattle Markets can keep the pedal down before the end of the week. The Hogs have continued to slide after making a new 1-month high on Tuesday. I think the Hogs can bounce from here, but not too high, and would recommend selling them if it trades around the 1-month high of 106.05 in the July’25 contract. Live Cattle cash Market – 230 traded in Kansas, 232 traded in Texas, and 240 traded in Nebraska today.
.
.
I see two big trades for this year. I still like the Soybean Oil and the Natural Gas. These markets will correct. Take advantage of any pullbacks in these markets. NOW IS THE TIME TO OPEN AN ACCOUNT. Sign Up Now
.
.
The Grain Markets were all higher today. The Beans settled above 1050 again today. July’25 Soybeans were 6 ¾ cents higher today and settled at 1051 ¾. Today’s high was 1056 ¾ and the 1-month high is 1082. Today’s low was 1040 and the 1-month low is 1032 ½. Since 5/5 July’25 Soybeans are 6 ¼ cents higher or more than ½%. The Corn Market looked ready to trade higher. July’25 Corn was ¾ of a cent higher today and settled at 439 ½. Today’s high was 442 ¾ and the 1-month high is 464 ¾. Today’s low was 434 ¼ and that is the new 1-month low as well. Since 5/5 July’25 Corn is 14 ¾ cents lower or more than 3%. The Wheat Market almost traded over 550 today. July’25 Wheat was 2 ¼ cents higher today and settled at 545 ½. Today’s high was 549 ¼ and the 1-month high is 556 ¼. Today’s low was 540 ½ and the 1-month and contract low are 506 ¼. Since 5/5 July’25 Wheat is 14 ¼ cents higher or almost 3%. President Trump spoke with the President of China today and sounds like trade deals are getting closer to being finalized. I like all the Grains and feel we can see much higher prices soon. The July’25 Soybeans settled above the 100-Day moving average of 1050 ¾ today, and I feel we can see them trade up to the 1080 level soon. The 50% retracement from the 52-week high/low is 1081, and the 1-month high is 1082. I still like the Beans over 11.00. The Corn Market I feel is a buy, even after making a new 1-month low today at 433 ¼, in the July’25 contract. I feel the July’25 Corn can trade up to the 465 level and then higher. The 200-Day moving average in July’25 Corn is 462 ¼, the 50-Day moving average is 464, and the 1-month high is 464 ¾. The July’25 Wheat looks poised to trade higher as well. Russia says they will respond after Ukraine used drones and took out 40+ military fighters and bombers. Russia’s response will most likely be very large and could include bombing all of the ports in Ukraine, and I feel that would send the Wheat much higher, and well over 6.00. The 50% retracement from the 52-week high/low is now 615 and my new target level, with stops on the way up at 562 ¾ – the 100-Day moving average, and 577 ¾ – which is the 200-Day moving average. There are new Natural Gas Trades Below and the same Wheat trade from Tuesday. Call me with any questions. I look forward to hearing from you. Have a great night.
.
.
If you don’t like the customer service or personal attention you are receiving at your new and very large brokerage house, you have options, and you don’t have to stay there. I can have your new account open in 1-2 days. Call me anytime 312-957-8079BALLEN@WALSHTRADING.COM Sign Up Now
.
.
Natural Gas Call Spreads Below.
.
.
.
.
.
.
.
.
.
.
.
July’25/July’26 Wheat Call Spread Below:
.
.
.
.
.
50-Year Cattle Chart Below. Whenever it Breaks it Will Be a Spectacular Collapse.
.
.
.
.
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.