Soybeans– The tariff situation is attracting more attention with the Supreme Court now expected to rule on Trump’s tariffs in October. If the Supreme Court rules against Trump, countries could ask for tariff refunds. Dryness in the eastern belt and parts of the South weighed negatively on soybean ratings, with condition declines seen in Illinois, Kentucky, and Tennessee. The Midwest …
5 Minutes on the Markets – 09/03/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Live Cattle and Feeder Cattle markets closed slightly lower on Tuesday. The trend is still up, cash trade remains strong and at high levels, but the futures seem to be losing some bullish momentum. 2 months without a meaningful retracement has …
Chart of the Day – December Corn
There’s something bullish to be said about the Monthly, Weekly and Daily Corn charts. Have we already seen the “harvest lows?” The information and opinions expressed below are based on my analysis of price behavior and chart activity Tuesday, September 2, 2025 If you like this article and would like to receive more information on the commodity markets from Walsh …
Tariff News Send Soybeans Lower on the First Trading Day in September
Soybeans– Soybeans saw big move lower today because a federal appeals court ruled that most of Trump’s tariffs are illegal. Trump said that he would appeal this decision. The uncertainty surrounding tariffs will be something to watch going forward. Tariffs can stay in place until October 14, after that the federal court decision kicks in. There has been no update …
5 Minutes on the Markets – 09/02/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Both Live and Feeder Cattle closed at new contract highs on Friday. Buyers showed up on a dip in price last Thursday and Friday, maintaining good bullish momentum on higher volume trade. I don’t see anything bearish on the Cattle charts, …
The Grains Close Higher on Friday, Led By Corn
Soybeans– The eastern Midwest is dry and will likely miss out on rain late next week. Temperatures in the Midwest are expected to be cooler for the next two weeks, with the potential for frost. Water levels in the Mississippi River have also been affected by dryness which may disrupt exports in the weeks ahead. China continues to buy soybeans …
5 Minutes on the Markets – 08/29/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Most markets we trade will be closed Monday for the Labor day holiday. Enjoy the 3 day weekend. Trade today, ahead of the holiday, could see lighter trading volume and potentially, more price volatility as a result of that. Live and …
The Grains Close Higher on Thursday
Soybeans– Soybeans had another quiet day. It seems like traders may be preparing for the holiday. China is starting weekly soybean auctions from their reserves to supply crushers, will increase the demand for new imports. South America has been the primary supplier for China, but that could change if trade deal gets done. US export prices are still competitive. LSEG …
December Corn Closes at 406 on Wednesday
Soybeans– Soybeans were quite again today after trading 2 1/4 cents higher in the overnight session. Lower temperatures are expected to continue over the next 2 weeks in the Midwest. The eastern part of the Midwest will be dry for the next week. China trade negotiators will head to DC for a meeting this week. Soybeans are trading above the …
5 Minutes on the Markets – 08/27/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! New contract highs and closes in both Feeder and Live Cattle on Tuesday. Feeders did leave a gap on the charts, leaving Monday’s highs as a downside target. Lean Hogs rallied, as well, making a bullish breakout and closing at about …