11/4/25
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I will be in Amarillo Texas December 1st-5th, let me know if you would like to meet there.
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The Livestock Markets were all lower today, with the Cattle Markets falling fast. December’25 Live Cattle were 4.42 ½ lower today and settled at 227.77 ½. Today’s high was 232.97 ½ and the 1-month and contract high is 248.30. Today’s low was 227.25 and the 1-month low is 223.17 ½. Since 10/3 December’25 Live Cattle are 7.10 lower or more than 3%. The January’26 Feeders hit hard again. The January’26 Feeder Cattle were 7.30 lower today and settled at 329.22 ½. Today’s high was 339.97 ½ and the 1-month and contract high is 380.20. Today’s low was 328.15 and the 1-month low is 320.67 ½. Since 10/3 January’26 Feeder Cattle are 20.50 lower or almost 6%. The Hogs returned to trading lower today. December’25 Lean Hogs were 67 ½ cents lower today and settled 79.92 ½. Today’s high was 81.27 ½ and the 1-month high is 87.80. Today’s low was 79.37 ½ and that is the new 1-month low as well. Since 10/3 December’25 Lean Hogs are 7.37 ½ lower or more than 8%. Fear of the unknow continues to push the Cattle Markets lower. The US Southern Border will reopen eventually, tariffs could change sooner than later, the government could reopen by the end of the week, and who knows what new policy changes could be announced. This morning, an interview with Secretary Rollins was released, where she said President Donald Trump was “very focused” on reopening the border. That is likely to have contributed to the selloff in the Cattle Markets today. In addition, opening arguments on the legality of tariffs will begin tomorrow in the Supreme Court. The questions that the justices ask will be closely listened to, as there could be a “tell” on which way they are leaning, based on how, or what they ask. If it sounds like the court could rule against President Trump, it could affect the tariffs on Brazil, and another leg lower could begin in the Cattle Markets. Even if the court rules against his Presidential authority, nothing would be changed for months, but the thought of it changing could break the futures market further as well. December’25 Hogs traded to within 0.14 of the 50% retracement from the 52-week high/low of 79.23 ½. We will see if that number can hold as a support level, but I feel we can see the Hogs trade 5-dollars lower from here as well. Today I structured and sent out Feeder Cattle Trades. They are all Buying Put Spreads in March’26 Feeder Cattle and are shown below. I also structured and sent out Live Cattle Trades yesterday, and they are shown below as well. Give me a call if you are interested or have any questions. Have a great night.
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NOW IS THE TIME TO OPEN AN ACCOUNT BEFORE ANOTHER MONTH PASSES BY – (Only 2 Months Left This Year) If you hit the link and provide your information, you will have a wealth of Market information at your fingertips. Sign Up Now
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The need for a successful business to have a trading account is immeasurable. Look at the market movement in all markets over the last three months. 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. ***WATCH FOR TRADE DEAL NEWS***
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Through Walsh Trading I have built the best 5-man team in the business. Give me a call and let me show you how the Pure Hedge Division can help your bottom line.
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The Grain Markets were mixed today, with the Wheat contract trading higher. January’26 Soybeans pulled back a little today. January’26 Soybeans were 12 ¾ cents lower today and settled at 1121 ½. Today’s high was 1135 and the 1-month high 1135 ¾. Today’s low was 1112 ½ and the 1-month low is 1018 ½. Since 10/3 January’26 Soybeans are 84 ½ cents higher or more than 8%. December’25 Corn traded lower as well today. December’25 Corn was 2 ¾ cents lower today and settled at 431 ½. Today’s high was 434 ½ and the 1-month high is 437. Today’s low was 429 ¼ and the 1-month low is 409 ¼. Since 10/3 December’25 Corn is 12 ½ cents higher or almost 3%. The Wheat traded higher again today. December’25 Wheat was 6 ¾ cents higher today and settled at 550 ¼. Today’s high was 550 ½ and the 1-month high is 550 ½. Today’s low was 539 ¾ and the 1-month and contract low is 492 ¼. Since 10/3 December’25 Wheat is 35 cents higher or almost 7%. The Soybean Meal run as come to an end, and yesterday the Soybean Oil traded more than 1.00 higher on the day. There was a small pullback today, but that was a buying opportunity, and I did buy more. There is great upside potential in the Soybean Oil, and today I bought I the August’26 contract month. If the US Government reopens by the end of the week, there could be a flood of new market information announced. There have been several Trade Deals made with multiple countries over the last couple of weeks, and Grain purchases were included in those deals. We could see very positive news if the Government opens before the WASDE Report on Monday 11/10/25. I feel the whole Grain Complex is a buy, especially the Soybeans and Soybean Oil. I have a few Ideas on how to let long each Grain Contract before the end of the week, so you are prepared before the WASDE Report Monday morning. If you are interested, give me a call. I am still Bullish the Natural Gas Market as well. There are Trades in the Fats and Feeders below. Have a great night.
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FEEDER CATTLE TRADES STRUCTURED TODAY 11/4/25 BELOW – IF YOU WOULD LIKE TO SEE MY TRADE RECOMMENDATIONS RIGHT AFTER THEY ARE STRUCTURED – JUST SEND ME AN EMAIL
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LIVE CATTLE TRADES STRUCTURED YESTERDAY 11/3/25 BELOW – IF YOU WOULD LIKE TO SEE MY TRADE RECOMMENDATIONS RIGHT AFTER THEY ARE STRUCTURED – JUST SEND ME AN EMAIL
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THIS WEEKS WALSH GAMMA TRADER FROM MONDAY 11/3/25 BELOW.
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IMPORTANT UPCOMING DATES BELOW
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The need for a successful business to have a trading account is immeasurable. Look at the market movement in all markets over the last three months. 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. WATCH FOR TRADE DEAL NEWS
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If you don’t like the customer service or personal attention you are receiving from your broker, 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
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50-Year Cattle Chart Below. Whenever it Breaks it Will Be a Spectacular Collapse.
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April’26 Natural Gas 5-Year Chart Below.
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March’26 Soybean Oil 5-Year Chart Below.
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USE THE QR CODE BELOW TO SIGNUP FOR TRADE ALERTS
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If you would like to open an account, please call or send me an email BALLEN@WALSHTRADING.COM
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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 Canadian Provinces soon. Your ability to open an account in the US is blocked by your Provincial Governments, not by the United States.
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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.
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Most Recent Walsh Gamma Trader Link – Walsh Gamma Trader
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GOD BLESS AMERICA
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Give me a call if you have any questions.
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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.
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