Soybeans– Soybean planting is at 96% complete, 1% lower than the 5-year average. The current good/excellent rating is 66%. The COT report was delayed until Monday, due to the holiday last week. Managed money has been active in the soybean complex. The COT report for the week ending June 17th showed the funds added to their soybean net long position …
5 Minutes on the Markets – 06/24/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Live Cattle and Feeder Cattle traders digested the Cattle on Feed data yesterday. Lower lows and lower highs were seen, but there wasn’t aggressive selling pressure. Fundamentals are still bullish, but cash prices have declined a touch. New contract high close …
Can Corn Find a Bottom This Summer?
Soybeans– Soybeans closed 10 cents lower to start the week. The weather has had an effect on the market, with hot and wet weather across the Plains and Midwest. The wet weather combined with unusually hot temperatures has provided a greenhouse like environment which is beneficial for soybean crops. At this time, there is no weather story in the market …
5 Minutes on the Markets – 06/23/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Live Cattle and Feeder Cattle both closed on their lows Friday, posting 2 consecutive weeks of losses. Cattle on Feed data and Livestock Slaughter data released Friday after the close could add a bullish spark this week. The whole herd is …
Soybeans Lead the Grains Lower on Friday
If you’re ready to start trading, click the link below to open an account with Walsh Trading, Inc. Open An Account Soybeans– The drought monitor is starting to clear up. The last spots of dryness in the Midwest are expected to see rain. China’s bean imports from Brazil rose 37.5% y/oy. Argentina’s bean harvest is 96.5% complete. Soybean exports for …
5 Minutes on the Markets – 06/20/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Live Cattle and Feeder Cattle futures traded mildly high on Wednesday. Even though markets were closed yesterday, the nation Boxed Beef price jumped again by almost $500, indicating strong retail demand. Cattle on Feed report due today after the close. Total …
Chicago Wheat Closes Up 25 Cents on Wednesday
Soybeans– Temperatures will be higher in the near-term but looking ahead to next week they shift back to normal in the Midwest. The soybean growing areas still needing to finish up planting stretch from parts of Kansas, across Missouri, and into Illinois. The Ohio River Valley and Eastern Corn belt area has been dealing with wet weather as well. Soybean …
5 Minutes on the Markets – 06/18/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Markets closed tomorrow for Juneteenth. Live Cattle and Feeder Cattle markets hit with aggressive selling pressure on Tuesday. Based on those closes, I would expect more liquidation pressure today. Cattle on Feed Report on Friday afternoon, estimates indicate 99% for all …
Chart of the Day – November Soybeans
The information and opinions expressed below are based on my analysis of price behavior and chart activity Tuesday, June 17, 2025 November Soybeans (Daily) Today, November Soybeans close at 10.673/4, up 7 ¼ cents on the day. Friday’s “surprise” announcement of biofuel standards gave a strong technical boost to the futures, and this week that strength has continued. Today’s settlement …
Soybean Oil Closes Lower Following 2 Limit Up Days
Soybeans– Soybeans closed higher today, while soybean oil moved slightly lower following two limit up moves in a row. Soybean conditions fell to 66% good/excellent, down 2% over last week. Last year at this time, the good/excellent rating for soybeans was 70%. Planting is at 93% complete, ahead of the five-year average at 84%. The 8–14-day forecast shows above normal …