6/24/25
.
.
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, with the Fats able to stay positive. August’25 Live Cattle were 17 ½ cents higher today and settled at 209.55. Today’s high was 211.90 and the 1-month and contract high are 220.05. Today’s low was 208.27 ½ and the 1-month low is 206.37 ½. Since 5/23 August’25 Live Cattle are 90 cents lower or almost 1/2%. The August’25 Feeders were lower today. August’25 Feeder Cattle were 55 cents lower today and settled at 302.25. Today’s high was 305.15 and the 1-month and contract high are 314.20. Today’s low was 300.05 and the 1-month low is 293.05. Since 5/23 August’25 Feeder Cattle are 1.90 higher or more than 1/2%. The Hogs pushed lower today. August’25 Hogs were 2.10 lower today and settled at 110.95. Today’s high was 113.12 ½ and the 1-month and contract high are 113.37 ½. Today’s low was 110.75 and the 1-month low is 100.45. Since 5/23 August’25 Lean Hogs are 9.65 higher or about 9 ½%. The Cattle Markets climbed higher after the open this morning but were once again unable to stay near the highs. I would recommend continuing to sell into any rallies. The August’25 Fats traded to within 1.90 of the 1-month low of 206.37 ½, before bouncing back and closing 17 ½ cents in the green. The August’25 Feeders almost traded through the 300.00 level today but managed to stay just 5 cents above on the low. The August’25 Feeders were just 7.00 from the 1-month low on the lows today. I feel the August’25 Feeders have a lot of room on the downside, and lower prices will be seen in the Cattle Markets shortly. The cash Market was 4-dollars lower last week, and lower cash prices are expected this week, after continued low slaughter numbers. The US Dollar index was another 1/2 point lower today and almost touched the contract low, and the Dow Jones Index was up over 500 points today as the Cattle kept breaking. If the dollar starts to rally, it will not help the Cattle Markets. If the August’25 Feeders do break 10% off the contract high, it would put the price at 282.78. The 100-Day moving average is 289.14, and the 50% retracement from the 52-week high low is 275.16, and the 200-Day moving average is 272.99, but I still like the market below those levels. The August’25 Hogs made another contract high today but broke more than 2-dollars off the high and settled just 20 cents above the low of the day. I feel the most likely path for the Hogs is lower from here. The Options Markets are still overpriced, and ripe with opportunity. The end of this month also marks the end of the second quarter of the year and could prompt the Funds to start selling, and it will be easy to recognize if it does occur. I recommend covering your feed cost in the Corn Market now, as new contract lows were made today, and the Options are cheap. Let me know if I can help.
.
.
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. If you hit the link and provide your information, you will have a wealth of Market information at your fingertips. Sign Up Now
.
The need for a successful business to have a trading account is immeasurable. Look at the market movement in all markets over the last week. Opening an account sometime in the future will not help you if you need access now. To be successful, and able to manage risk, you need to be proactive now and secure your access to markets in real time. You can be both Prepared and Patient at the same time. The Grains could move much higher next week.
.
.
The Grain Markets were all lower today. The Beans lost more than a dime but were able to close above the 1050 level today. August’25 Soybeans were 11 ¾ cents lower today and settled at 1050 ¼. Today’s high was 1065 ½ and the 1-month high is 1082 ½. Today’s low was 1049 ¾ and the 1-month low is 1026 ¼. Since 5/23 August’25 Soybeans are 5 ¾ cents lower or about 1/2%. The Corn Market gave a few cents back today. September’25 Corn was 5 ¼ cents lower today and settled at 412 ¼. Today’s high was 418 ½ and the 1-month high is 438 ½. Today’s low was 411 ¾ and that is the new 1-month and contract low as well. Since 5/23 September’25 Corn is 25 ½ cents lower or almost 6%. The Wheat Market slid lower today. September’25 Wheat was 17 ½ cents lower today and settled at 552. Today’s high was 569 ½ and the 1-month high is 594. Today’s low was 551 ½ and the 1-month low is 537 ¾. Since 5/23 September’25 Wheat is 6 cents lower or more than 1%. I feel it is time to buy the Grain Markets, all of them, now. The Crude Oil Market has broken more than 14-dollars in the last two trading days, and that has put pressure on the Soybean Oil Market, which has pushed the Soybeans lower. The Wheat Market is breaking as the war premium is being sucked out, and the Corn Market is reluctantly sliding lower following all of the commodities lower and making a new contract low in the process. The crop conditions were lowered yesterday for the Corn, Beans, and Wheat and there are still huge shorts in the Wheat Market. If the Wheat conditions continue to decline in a crop that is the smallest planted since 1919, it could be a race to the top. There is a planting report on Monday the 30th, and I feel we will see fewer Corn acres planted, and that could be the catalyst to trade higher. The is also no weather or trade deal premium in the Grain Markets, Zero. This could be the right time to step into the markets, especially the Corn and Wheat Markets, with fresh contract lows and just 3-days before a planting report that I believe could be very Bullish. The premium in the Option Markets has been evaporating, and currently the Calls are cheap. If you have been waiting for the right time, now is your chance. I recommend getting everything set up before the report on Monday. I can get that ready for you, all you have to do is call me.
.
.
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
.
.
I have New Corn, Soybean, and Wheat Trades ready to go, and sent them to many of you this morning. Let me know if you are interested.
.
.
November’25 Feeder Cattle Trades/Hedges From 6/10/25 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.