1/13/26
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THE GAPS IN THE CHARTS FOR THE FATS AND FEEDERS BELOW
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The Livestock Markets were all higher today and looked strong before the close, settling just below the highs of the day. April'26 Live Cattle were 2.90 higher today and settled at 238.97 ½. Today's high was 239.05 and that is the new 1-month high as well. Today's low was 236.22 ½ and the 1-month low is 226.60. Since 12/12 April'26 Live Cattle are 9.57 ½ higher or more than 4%. The March'26 Feeders charged ahead today and settled above the 360 level. The March'26 Feeder Cattle were 5.95 higher today and settled at 362.12 ½. Today's high was 362.37 ½ and that is the new 1-month high as well. Today's low was 356.17 ½ and the 1-month low is 331.35. Since 12/12 March'26 Feeder Cattle are 28.05 higher or more than 8%. The Hogs gained half a buck today. April'26 Lean Hogs were 50 cents higher today and settled at 91.25. Today's high was 91.30 and the 1-month high is 92.12 ½. Today's low was 90.37 ½ and the 1-month low is 87.62 ½. Since 12/12 April'26 Lean Hogs are 1.72 ½ higher or almost 2%. My Trade recommendations are doing very well, and I believe there is much more upside to come. Let's get your account open now. The Cattle Markets are starting to run higher, and I feel the next stop higher could be the one remaining gap that has not been filled yet. The gaps above in both the Fats and Feeders sit just below the contract highs, and I feel we could trade there sooner than later. For the Gap to be filled in the February'26 Live Cattle, 249.55 would need to be traded, and that is only 12.30 above today's settlement price. For the gap to be filled in the March'26 Feeders, 249.55 would need to be traded, and that is only 14.57 ½ above today's settlement price. This is what I said last Thursday 1/8/26 “The Fats and the Feeders both opened higher today, but the market broke after a while, only to bounce off the lows of the day and close near the highs of the day. I still feel the Cattle Market can make a run at the contract highs. The path higher is easier this time as the tracks have already been laid. According to Bloomberg, Brazil is about to begin a cycle of tight supply in the Cattle Market. They have reported that the price for calves is increasing in Brazil, as Heifers are being retained to rebuild the herds. Yesterday, I saw a second source that stated Brazil's beef production is expected to be down 2% in 2026. This, along with the tight cattle numbers domestically makes me think there could be another run higher in both the Fats and the Feeders. I feel the next move higher could be to fill the remaining gaps above. There is still one gap yet to be filled in the Fats and the Feeders, and they both sit just below the contract highs. For the Gap to be filled in the February'26 Live Cattle it needs to trade 249.55. That price is 14.27 ½ higher from today's settlement price, and just 62 ½ cents below the contract high of 250.17 ½. In the March'26 Feeders the gap would be filled if 376.70 was traded. That price is 18.97 ½ higher from today's settlement price, and just 1.90 below the contract high of 378.60. We will soon see if the Market can rally that high again, and a strong cash market will certainly help.” I like the April'26 and May'26 Feeder Cattle Markets, and I feel we could see new contract highs in both contract months quicker than you might think. I would like to work with you, and a simple phone call can start the process. The April'26 Hogs rallied today, and I still like them trading higher from here. There are charts below, and they show where the Gaps are in the Fats and the Feeders, along with a few new trade examples (FROM LAST WEEK). I have new Trades on my desk, give me a call if you would like to see them. It's time to get your account open, so give me a call and I will answer any questions you have. Have a great night.
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NOW IS THE TIME TO OPEN AN ACCOUNT BEFORE IT IS JULY AGAIN
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BELOW IS A DIRECT LINK TO FILL OUT ACCOUNT PAPERWORK - PLEASE CALL ME IF YOU HAVE ANY QUESTIONS.
https://portal2.straitsfinancial.com/Identity/Account/Register?brokerId=978
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Having a Trading or Hedging Account is essential for your business to be successful. Market volatility has increased across all commodities over the last 12 months, and I expect it to continue to increase over the next 12 months as well. Opening an account in the future, will not help you if you need access now. To be successful, you need to be able to manage risk in real time. If you are proactive now, you will have the ability to be reactive when you need to be. You can be Prepared and Patient at the same time. Call me or hit the direct link above.
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Through Walsh Trading I have built the best 5-man team in the business. Give me a call and let me show you how the Pure Hedge Division can help your bottom line.
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The Grain Markets took another beating today, and once again did not close well. March'26 Soybeans were 10 ¼ cents lower today and settled at 1038 ¾. Today's high was 1052 ¼ and the 1-month high is 1088 ¼. Today's low was 1037 ¾ and that is the new 1-month low as well. Since 12/12 March'26 Soybeans are 48 cents lower or more then 4%. March'26 Corn closed a little lower again today. March'26 Corn was 1 ¾ cents lower today and settled at 419 ¾. Today's high was 422 ¾ and the 1-month high is 453. Today's low was 417 ¼ and that is the new 1-month low as well. Since 12/12 March'26 Corn is 21 cents lower or almost 5%. The Wheat did not do much again and settled a little lower. March'26 Wheat was ¾ of a cent lower today and settled at 510 ½. Today's high was 513 ¾ and the 1-month high is 529 ½. Today's low was 507 and the 1-month and contract low is 501 ½. Since 12/12 March'26 Wheat is 18 ¾ cents lower or more than 3 ½%. This is what I said last week 1/8/26 “The Bean Oil looks ready to charge ahead and could leave the rest of the Grains behind for a while. Indonesia, the world's largest producer of Palm Oil, has come out with a new plan to seize 4 or 5 million hectares of private plantations of Palm Oil. This is in addition to the more than 4 million hectares the Indonesia government seized and put under government control last year. Obviously, they must know they have a problem, and there might not be enough to go around. Indonesia also has a mandatory 40% Palm Oil biofuel blend rate and plans to increase that palm oil blend rate to 50% this year. Export taxes on Palm Oil have also increased and are currently 10%. This alone could make all vegetable oils much more expensive, and if they have a possible export ban, then Soybean Oil and Canola Oil could shoot to the moon. More Palm Oil plantation seizures just ahead of a blend rate increase sends the signal that stocks could drop quickly, and they could inevitably be short of what they need. Malaysia also plans on increasing its Palm Oil biofuel blend rate this year, and Brazil is increasing its Soybean Oil Biofuel blend rate this year as well. It is all setting up what could be a dramatic price increase in the vegetable oil markets. The US government is supposed to release their blend rate later this month, and I feel we could see an increase here as well. Today's weekly export sales for Soybean Oil were above the highest estimates, and for the 2025/2026 marketing year sales have reached over 70% of the USDA forecast, and the 5-year average for this time of year is just over 40%. It looks like the buying has begun. Today, May'26 Soybean Oil closed at 49.97 and I feel it could trade into the mid to high 50's, with the September'26 contract month in the 60's. May'26 Soybean Oil Options Expire 4/24/26 (106 Days).” It was reported today that Palm Oil production in Malaysia last month was down 5 ½% from the prior month. This has already tightened the Palm Oil supply. In the same time frame, shipments rose over 8%. It was also reported that exports of Palm Oil products rose a staggering 17%-29% over the first 10-days of this year when compared to December. India is expected to start buying Palm Oil this month, as their purchases were low in December. In addition to this, it looks like China and Indonesia could start buying Palm Oil as well this month. With a low supply, and a high demand, the price of Palm Oil looks like it could soon be out of reach, making other vegetable much more attractive, especially the Soybean Oil and the Canola Oil. I will say it again, this could be a very special year for the Soybean Oil Market, as prices have already started to rise, and the May'26 Soybean Oil was almost 2% higher today alone. I have new trades with incredible risk/reward ratios. Give me a call if you would like to know more. Have a great night.
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BELOW IS AN EMAIL I SENT OUT LAST NIGHT
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Full WASDE Report above. I think the July’26 Soybeans can head toward the 1000 level, and the July’26 Corn toward the 400 level.
I have several ways to trade that if you are interested. I am still Bullish the Soybean Oil and have several trades in the options ready
to go. Here is one trade I put on today in the Soybean Oil. The Prices are today’s settlement prices. Please call me if you have any
questions. Have a great night.

I bought the July'26 Soybean 1000 Puts, and the July'26 Corn 405 Puts yesterday, before the WASDE Report.
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REASONS WHY I AM STILL BULLISH SOYBEAN OIL - I FEEL RIGHT NOW IS A BUYING OPPORTUNITY
Here is why I like the Soybean Oil. The Palm Oil supply is getting tight, and export controls seem very possible later this year. The Indonesian Government must be worried about their supply, as they seized land in Palm Oil producing regions and placed them under State Owned Control. At the same time, the production and export supplies of Sunflower Oil are expected to decline, as the price continues to climb and make cheaper Soybean Oil more attractive. Sunflower Oil supplies are already tight, as production estimates have decreased throughout Europe, Russia, and Ukraine, which will limit the amount of Sunflower seed crushing, again making the cheaper Soybean Oil more attractive. Biofuel percentages are set to increase in Brazil, Indonesia, and Malaysia, and I would not be surprised if the Biofuel blend rates were raised domestically as well. Argentina has already sold most of their Soybeans to China, so their crushing will be limited as well. The Russia/Ukraine war has intensified and the Ports in Odesa, and their grain terminals have been hit, along with the railroads and a Soybean shipment at sea. I also learned a Sunflower Oil terminal was bombed as well. all of this puts a tighter squeeze on the vegetable Oil Markets, as demand is already very strong, with Soybean Oil sales almost hitting 50% of the USDA's forecast for 2025-2026. The 5-year average this time of year is under 32%. It all points to what could be a very dramatic price increase in the Soybean Oil Market, along with all the other reasons. I have continued to buy Soybean Oil Future Spreads and Options Spreads, with a new target level of 64.00-66.00. The market breaking this week was another unexpected opportunity, and I took advantage of it, and will continue to do so, with Spreads in the Futures and Options. I have 3-month, 6–month, and 12-month strategies completed, and ready to go. Give me a call if you would like to know more.
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THE TRADE BELOW WAS STRUCTURED AND SENT OUT 1/7/26
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TODAY 1/13/26 THE TRADE ABOVE SETTLED WITH A GAIN OF 1.05 OR $525.00/TRADE PACKAGE


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THE TRADE BELOW WAS STRUCTURED AND SENT OUT 1/7/26
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TODAY 1/13/26 THE FIRST TRADE ABOVE SETTLED WITH A GAIN OF 1.20 OR $720.00/TRADE PACKAGE. THE SECOND TRADE ABOVE SETTLED WITH A GAIN OF 1.43 OR $858.00/TRADE PACKAGE

TODAY 1/13/26 THE TRADE ABOVE SETTLED WITH A GAIN OF 1.67 OR $1,002.00/TRADE PACKAGE


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CALL ME
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WATCH IF THE NEXT GAP WILL BE FILLED IN THE FEBRUARY'26 LIVE CATTLE @ 249.55 - CONTRACT HIGH IS 250.17 ½
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WATCH IF THE NEXT GAP WILL BE FILLED IN THE MARCH'26 FEEDER CATTLE @ 376.70 - CONTRACT HIGH IS 378.60
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THIS WEEKS WALSH GAMMA TRADER FROM YESTERDAY 1/12/26 BELOW.
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If you don't like the customer service or personal attention you are receiving from your broker, you have options, and you don't have to stay there. I can have your new account open in 1-2 days. Call me anytime 312-957-8079 BALLEN@WALSHTRADING.COM Sign Up Now
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If you would like to open an account, please use this direct link https://portal2.straitsfinancial.com/Identity/Account/Register?brokerId=978
.
.
Having a Trading or Hedging Account is essential for your business to be successful. Market volatility has increased across all commodities over the last 12 months, and I expect it to continue to increase over the next 12 months as well. Opening an account in the future, will not help you if you need access now. To be successful, you need to be able to manage risk in real time. If you are proactive now, you will have the ability to be reactive when you need to be. You can be Prepared and Patient at the same time. Call me or hit the direct link above.
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Thank you to all of my Canadian Customers. If you live in Alberta or Ontario, you are able to open an account in the USA. Hopefully we can work with the Province of Saskatchewan, and all Canadian Provinces soon. Your ability to open an account in the US is blocked by your Provincial Governments, not by the United States.
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Thank you to all of my old and new Customers. I appreciate your business. To those of you that are close to opening an account, please call me if you have any questions, and I look forward to working with you soon. To anyone thinking about opening a Hedge or Trading account, give me a call and we can talk about it.
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Most Recent Walsh Gamma Trader Link - Walsh Gamma Trader
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GOD BLESS AMERICA
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Give me a call if you have any questions.
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Bill Allen
Vice President
Pure Hedge Division
Direct: 312-957-8079
WALSH TRADING INC.
311 South Wacker Drive
Suite 540 Chicago, Illinois 60606
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