I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. Soybean meal is once again on my radar. One week ago November 2026 soybean gapped...
WALSH PURE SPREADER - Pure Hedge Division
The wheat complex faced some weakness on Tuesday, with CBT trying to hold up. Chicago SRW contracts were mixed, with front months fractionally to 2 ½ cents higher and deferreds steady to 3 ¾ cents lower....
Live cattle futures were up $1.22 to $3.80 across most contracts at the Tuesday close. Early bids of $228 were reported which is just slightly lower than the $230-231 trade from last week. Feeder cattle...
Corn futures took back much of the Monday weakness, with contracts closing 5 to 6 ¾ cents in the front months and steady to 2 cents higher in the deferreds. The CmdtyView national average Cash Corn price...
Cotton futures closed with losses of 3 to 45 points across the board on Tuesday, slipping from the midday gains. Crude oil was down another $3.48 per barrel, with the US dollar index down 0.109. Weekly...
Lean hog futures were up 12 cents to $1.45 to close Tuesday. USDA’s national base hog price was reported at $101.00 on Tuesday afternoon, up 31 cents from the day prior. The CME Lean Hog Index was another...
Soybeans posted a modest recovery on Tuesday following sharp Monday losses, with contracts up 2 ½ to 6 ¼ cents. The cmdtyView national average Cash Bean price was 3 3/4 cents higher at $11.78. Soymeal...
Educational and Actionable information using Fibonacci and W.D. Gann analysis.