I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Live Cattle and Feeder Cattle maintained bullish momentum through the close last Friday. Charts still seem bullish and supply side fundamentals are still pointing toward higher prices, however Boxed Beef prices were lower this past week. Both Feeders and Fats are …
Grains Close Lower Following the July WASDE Report
If you’re ready to start trading, click the link below to open an account with Walsh Trading, Inc. Open An Account Soybeans– The July WASDE report came out this morning. Yield was unchanged at 52.5 bpa. Total production is now estimated at 4.34 bb. The June 30th Acreage report had planted area at 83.4 mb. New crop ending stocks were …
5 Minutes on the Markets – 07/11/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Both Live and Feeder Cattle markets posted new contract highs yesterday, but failed to hold the gains and closed well off their highs. Those markets have been very strong this week and may be due for some profit taking. Lean Hogs …
Soybeans and Wheat Trade Higher Ahead of Tomorrow’s WASDE Report
If you’re ready to start trading, click the link below to open an account with Walsh Trading, Inc. Open An Account Soybeans– Soybeans traded higher today ahead of the WASDE report tomorrow. Last night, the President Trump announced 50% tariffs on Brazil starting August 1st. The Brazilian President Luiz Da Silva cited a recently adopted law in his country that …
Soybeans Continue Lower on Wednesday
Soybeans– Yesterday, there was talk from the White House about limiting Chinese farmland ownership. Chinese farm ownership in the U.S. will likely be part of trade negotiations. Weather continues to be favorable. The upcoming WASDE report on Friday, is expected to see an increase in ending stocks for old crop to 358 mb, while new crop is expected at 304 …
5 Minutes on the Markets – 07/09/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! New contract highs, as both Live and Feeder Cattle rallied sharply on Tuesday. Overall, those bullish trends appear to remain strong. Lean Hogs continued their recent pattern of choppy trade around the 107.000 level. I still expect support near 105.000. Grains …
Weather Remains Favorable, Trade Deals Would Benefit the Grains
If you’re ready to start trading, click the link below to open an account with Walsh Trading, Inc. Open An Account Soybeans– Soybean conditions sit unchanged at 66% good/excellent, compared to 68% last year. Illinois and Ohio are the states with weaker crop conditions, with Iowa showing the best conditions at 79% good/excellent. Managed money has gone nearly flat the …
5 Minutes on the Markets – 07/08/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Livestock markets started the week on a strong note, with Feeder Cattle leading the way to close at new contract highs! Live Cattle still have a little way to go before setting new highs, the August contract needs another 4.15 higher …
A Lack of China Purchase Deal Sends Grains Back Down
If you’re ready to start trading, click the link below to open an account with Walsh Trading, Inc. Open An Account Soybeans– Soybeans had a very rough day to start the week, closing nearly 30 cents lower. The higher trade heading into the weekend was likely due to some end of the month/end of the quarter repositioning, along with an …
5 Minutes on the Markets – 07/07/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Cattle futures closed mildly higher on Thursday. Lean Hogs closed weaker, as they still cast about for support. Grains were higher last week, but favorable weather forecasts sparked an aggressive selling wave last night. Corn, Soybeans, Soymeal and Wheat have all …