I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! **this one’s a bit longer than 5 minutes, I do try to keep these a short as I can, but there’s a lot to talk about today** Live Cattle futures closed lower and seem to be losing some bullish momentum. Feeders …
USDA Lowers Old and New Crop U.S. Corn Ending Stocks
Soybeans– The June WASDE report came out this morning. Soybeans closed lower despite the friendly report. New crop ending stocks were unchanged at 295 mb, in-line with analyst estimates. Old crop ending stocks were estimated at 350 mb, unchanged from last month. The trade expectation for old crop soybeans was 353m. No changes were made for Brazil and Argentina’s old …
5 Minutes on the Markets – 06/12/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Cattle market remain at elevated levels, but seem to be struggling with overhead resistance. Perhaps traders are waiting for confirmation that cash sales will jump higher again this week. Lean Hogs posted another new contract high close. Grains and Soy are …
How Will the June WASDE Affect the Grains?
Soybeans– The U.S. made an made a trade deal agreement with China, following the meetings in London this week. The U.S. will have a 55% tariff on China, while China will keep a 10% tariff on the U.S. Progress has also been made on trade agreements with India and Canada. Soybeans did not have a strong reaction to the news …
5 Minutes on the Markets – 06/11/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Feeder Cattle and Lean Hogs continue to post new contract highs. Live Cattle backed off a little yesterday, but Boxed Beef prices jumped aggressively on Tuesday afternoon, which should add more bullish fuel to the fire. Both Feeders and Fats are …
Chart of the Day – December Corn
The information and opinions expressed below are based on my analysis of price behavior and chart activity Tuesday, June 10, 2025 December Corn (Daily) Today, December Corn close up 2 cents, to settle at $4.40. That mild uptick followed an 11 ¼ cent drop to start the week. Was it just another “Turnaround Tuesday” or is this perhaps something different? …
Corn Leads the Way Higher on Tuesday
Soybeans– As of Monday, planting progress is at 90% complete, up 6% over last week. The 10-year average for this time of year is 84%. Crop conditions were rate 68% good/excellent up 1% over last week. The 10-year average for soybean conditions at this time of year is 69%. The best conditions for this time of year came in 2018 …
5 Minutes on the Markets – 06/10/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Higher highs and higher lows across the board in Livestock markets. Live Cattle and Feeder Cattle futures closed higher on Monday, with Feeders gaining momentum and rallying to set new highs late in the session. New contract high closes and new …
Corn, Beans, Wheat All Move Lower on Monday
Walsh Pure Hedge Division The focus for the soybean market is on trade talks. The U.S. and China will meet this week in London to continue negotiating. Last week, President Trump and Xi had a productive discussion, setting up this meeting. Above-normal rains are expected in the southeast and northern Plains, but overall, the forecast has been solid for early …
5 Minutes on the Markets – 06/09/25
Livestock futures closed strong on Friday, with Live Cattle, Feeder Cattle and Lean Hogs all closing at new contract high levels. Demand remains strong with tight supplies, so until these “cash” markets turn down, I would expect the seasonal strength to continue. Grains are mostly weaker overnight, as traders keep an eye toward the weather forecasts. There is a WASDE …