Soy Market Commentary

John Walsh General Commentary, Grains Leave a Comment


The soy was higher and gave up as the day moved by. The products were the leader today based on strong global demand. The crush margins are on fire of late. This will keep an inverse on the board for now. In addition, will keep beans moving to the crusher. There is no doubt that the domestic numbers are indeed friendly. The demand from China has been fantastic. It is my belief the demand for products, especially the veg oils will be strong into the new year. The questions I have are two fold. First, when will Argentina let go of beans. The next is will the Chinese actually take all the beans purchased from the US. The Brazilian crop will be large and this is a consideration. I am looking at $11.00 beans as being a healthy price. I am concerned the fundamentals can change quickly.

Quantify your risk.

Trade Suggestion(s)
NA today
Options –

John J. Walsh
President, Walsh Trading, Inc.

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.

Leave a Reply

Your email address will not be published. Required fields are marked *