Pure Hedge – Livestock and Grain

Bill AllenGeneral Commentary

3/24/26

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The Livestock Markets were mixed today, with the Feeders gaining more than 2-dollars. June’26 Live Cattle were 5 cents higher today and settled at 234.60. Today’s high was 235.75 and the 1-month high is 238.07 ½. Today’s low was 233.22 ½ and the 1-month low is 224.22 ½. Since 2/24 June’26 Live Cattle are 95 cents lower or about 1/2%. The May’26 Feeders traded higher today. The May’26 Feeder Cattle were 2.35 higher today and settled at 350.70. Today’s high was 353.10 and the 1-month high is 362.90. Today’s low was 346.55 and the 1-month low is 336.45. Since 2/24 May’26 Feeder Cattle are 7.77 ½ lower or more than 2%. The Hogs traded lower for the fifth day in a row today. June’26 Lean Hogs were 35 cents lower today and settled at 104.05. Today’s high was 104.60 and the 1-month high is 111.50. Today’s low was 103.55 and that is the new 1-month low as well. Since 2/24 June’26 Lean Hogs are 5.97 ½ lower or almost 5 ½%. The June’26 Fats closed a nickel lower and settled in the middle of today’s trading range, but I feel the upside in the Cattle Markets is on the way. Demand is still strong, and the Cattle numbers are still low. The 104% placements in the Cattle on Feed Report were based off of lower numbers anyway. The June’26 Fats are just 2.32 ½ away from the 1-month high of 238.07 ½. The May’26 Feeders gained again today and settled above the 350 level. The 1-month high in the May’26 Feeders is 9.80 above today’s settlement price. I feel we can see the Feeders shoot higher from here. I sent out Trade Examples is several different markets earlier today, with the thought of the war with Iran would be over sooner than later, with the Crude Oil sinking back down to below 60, and the Stock Markets charging ahead. There are currently rumors of a cease fire with Iran going around, and the Crude Oil Market just broke 4-dollars and is currently lower on the day. If the Crude Oil does break like I think it can and the Stock Markets charge ahead as high as I feel they can, then I believe the Fats and Feeders will be trading higher and a new Bullish run could be in play, and it could start tomorrow. Crude Oil will be the catalyst for all of this to happen, and we will see where the Crude Oil Market opens in an hour at 5:00pm Central Time. 
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NOW IS THE TIME TO OPEN AN ACCOUNT BEFORE IT IS JULY AGAIN

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BELOW IS A DIRECT LINK TO FILL OUT ACCOUNT PAPERWORK – PLEASE CALL ME IF YOU HAVE ANY QUESTIONS.

https://portal2.straitsfinancial.com/Identity/Account/Register?brokerId=978

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Having a Trading or Hedging Account is essential for your business to be successful. Market volatility has increased across all commodities over the last 12 months, and I expect it to continue to increase over the next 12 months as well. Opening an account in the future, will not help you if you need access now. To be successful, you need to be able to manage risk in real time. If you are proactive now, you will have the ability to be reactive when you need to be. You can be Prepared and Patient at the same time. Call me or hit the direct link above.

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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 Soybeans trading lower. May’26 Soybeans were 8 ½ cents higher today and settled at 1155. Today’s high was 1166 ¾ and the 1-month and contract high is 1238 ¾. Today’s low was 1155 ¾ and the 1-month low is 1145 ¼. Since 2/24 May’26 Soybeans are ¼ of a cent higher or fractionally higher. May’26 Corn picked up a few cents today. May’26 Corn was 3 cents higher today and settled at 462 ½. Today’s high was 465 ¾ and the 1-month high is 476. Today’s low was 459 and the 1-month low is 438. Since 2/24 May’26 Corn is 24 cents higher or almost 5 ½%. The Wheat Market stayed positive today. May’26 Wheat was 2 ¼ cents higher today and settled at 590. Today’s high was 596 and the 1-month high is 641 ¾. Today’s low was 582 ½ and the 1-month low is 536 ½. Since 2/24 May’26 Wheat is 16 ¾ cents higher or almost 3%. If the Crude Oil Market collapses, it could have a major influence on several of the Grain Markets. The First one would be the Wheat Market, and I feel the Wheat could break substantially if the Crude Oil does as well. I feel that could pressure the Corn Market, but I would not anticipate any major break in the Corn Market. There have been estimates of acres shifting from Corn and Cotton to the Soybeans, and we will know more one week from today when the Planting Intentions Report will be released. There could be a bigger than expected shift from Corn to Soybean with the high cost of fertilizer. I feel this would help to hold the price of Corn steady, and the Soybeans could drop like a rock. However, the new Biofuel mandates should be released this Friday, and I feel the new numbers could be Bullish for the Soybean Oil, and that could help to slow the potential Break in the Soybeans. I still like the July’26 Soybeans trading around 1100, for starters. Brazil has a huge Soybean Crop, and they are about 65% harvested, and cheaper than US Beans. Any future meeting with China has been pushed at least another month away, and they are not likely to do the US any favors. I still like the Future Spreads in the Soybeans, Wheat, Soybean Meal, and Soybean Oil. The Soybean Oil Spreads are the only Bullish Spread I like and buying the August’26 or September’26 contract month and selling the December’26. The Bearish Futures Spreads in the Beans, Wheat and Meal are Selling the July’26 contract month or front month, and buying the back month, or November’26 for the Soybeans, and December’26 for the Wheat and the Soybean Meal. I feel all of these Markets are all about to have a major price adjustment. I have Option Trades ready in every Market, and this could be one heck of a year. Give me a call if you are interested. Have a great night.  

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THE TRADES BELOW WERE STRUCTURED AND SENT OUT TODAY 3/24/26

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This Week’s Walsh Gamma Trader From Yesterday 3/23/26 Below.

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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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If you would like to open an account, please use this direct link https://portal2.straitsfinancial.com/Identity/Account/Register?brokerId=978

.

.

Having a Trading or Hedging Account is essential for your business to be successful. Market volatility has increased across all commodities over the last 12 months, and I expect it to continue to increase over the next 12 months as well. Opening an account in the future, will not help you if you need access now. To be successful, you need to be able to manage risk in real time. If you are proactive now, you will have the ability to be reactive when you need to be. You can be Prepared and Patient at the same time. Call me or hit the direct link above.

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USE THE QR CODE BELOW TO SIGNUP FOR TRADE ALERTS

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If you would like to receive more information on the commodity markets, please use the link to join my email list   Sign Up Now 

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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

ballen@walshtrading.com

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