Pure Hedge - Livestock and Grain

Cattle in feed lot by Clinton Austin via iStock

5/27/25

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If you don't like the customer service or lack of personal attention you are receiving at your new and very large brokerage house, you have options, and you don't have to stay there. Account transfers are easy and so is opening a new account. 

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     The Livestock Markets had an interesting day, with the August'25 Feeders breaking over 8-dollars and then rallying back more than 5-dollars. The Fats settled more than a dollar lower today. August'25 Live Cattle were 1.15 lower today and settled at 209.30 Today's high was 211.17 ½ and the 1-month and contract high is 214.50. Today's low was 206.37 ½ and the 1-month low is 203.27 ½. Since 4/25 August'25 Live Cattle are 5.20 higher or more than 2%. The August'25 Feeders traded down to 293.05 today. August'25 Feeder Cattle were 2.22 ½ lower today and settled at 298.15. Today's high was 301.20 and the 1-month and contract high are 307.67 ½. Today's low was 293.05 and the 1-month low is 292.60. Since 4/25 August'25 Feeder Cattle are 3.85 higher or more than 1%. The Hogs stayed positive today. July'25 Hogs were 60 cents higher today and settled at 102.15. Today's high was 102.60 and the 1-month high is 105.17 ½. Today's low was 100.75 and the 1-month low is 97.60. Since 4/25 June'25 Lean Hogs are 97 ½ higher or almost 1%. It looks as though a fake story broke theow Cattle Markets today. The August'25 Feeders broke more than 8-dollars off the highs today, after an unconfirmed screwworm story developed out of Missouri. The radio station that posted the story took it down. Best guess is that it was BS. However, the Cattle Markets did have a large move lower today, and it did not look like the Funds were liquidating, but it did show how much anticipation of a break in the Cattle Markets does exist. Friday is the last trading day of the month, and the end of next month is the end of the second quarter. I still like the downside in the Cattle Markets, and a 10% pullback in the August'25 Feeders is more than 20 dollars below today's settlement price. I still like the 190 Level in the August'25 Live Cattle, with the 50% retracement from the 52-week high/low of 191.63. The August'25 190 Puts settled at 95 cents today. I still like the 260-265 level in the August'25 Feeders, with the 50% retracement from the 52-week high/low sitting above at 271.90. A 10% pullback off the highs would put the August'25 price at 276.91 ½. The August'25 265 Puts settled at 1.35. It is time to participate in these markets.  

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Here are some interesting numbers from an article in Beef Daily this morning. 

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I see two big trades for this year. I still like the Soybean Oil and the Natural Gas. These markets will correct. Take advantage of any pullbacks in these markets.  NOW IS THE TIME TO OPEN AN ACCOUNT. Sign Up Now

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     The Grain Markets were mixed again today. The Beans settled over 1060 today. July'25 Soybeans were 2 ¼ cents higher today and settled at 1062 ½. Today's high was 1067 ½ and the 1-month high is 1082. Today's low was 1059 and the 1-month low is 1036 ½. Since 4/25 July'25 Soybeans are 3 ¼ cents higher or fractionally higher. The Corn Market did not do much with a seven-cent range today. July'25 Corn was unchanged today and settled at 459 ½. Today's high was 463 and the 1-month high is 485 ¾. Today's low was 456 and the 1-month low is 436 ½. Since 4/25 July'25 Corn is 26 cents lower or more than 5%. The Wheat Market traded lower today. July'25 Wheat was 14 cents lower today and settled at 528 ½. Today's high was 544 and the 1-month high is 556 ¼. Today's low was 527 ½ and the 1-month and contract low are 506 ¼. Since 4/25 July'25 Wheat is 16 ½ cents lower or more than 3%. The Grains did not do much today with all of the attention on the Cattle Markets. The July'25 Soybeans gained a couple of cents, but the market looked sluggish. I still like the 1080 level in the July'25 Beans, with the 1-month high at 1082, and from there I like the 1100 level with the 50% retracement from the 52-week high/low at 1100 ¼. The July'25 Corn did not do much today, settling in the middle of today's rage, and unchanged on the day. Wheat is one heck of a fickle market, but I still like it right now. I still feel we can see the July'25 Wheat trade up to the 580 level, with the 200-Day moving average sitting at 579 ¾. If the Wheat continues higher, I like the 630 level, with the 50% retracement from the 52-week high/low sitting at 630 ½. We could be hearing new trade deals being completed over the next two weeks, and if that does happen it will be positive for all the Grain Markets. July'25 Soybean 1100 Calls settled at 5 3/8. July'25 Corn 480 Calls settled at 3 ¾. July'25 Wheat 580 calls settled at 2 ½. The Canola Oil still looks strong as well, on tight supplies. 

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I will not be in the office this Thursday or Friday, but I will still be available. 

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If you don't like the customer service or personal attention you are receiving at your new and very large brokerage house, 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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50-Year Cattle Chart Below. Whenever it Breaks it Will Be a Spectacular Collapse.

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August'25 Natural Gas 5-Year Chart Below.  

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September'25 Soybean Oil 5-Year Chart Below. 

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USE THE QR CODE BELOW TO SIGNUP FOR TRADE ALERTS

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If you would like to receive more information on the commodity markets, please use the link to join my email list   Sign Up Now 

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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 Canandian 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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Give me a call if you have any questions.

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Bill Allen

Vice President

Pure Hedge Division 

Direct: 312-957-8079

ballen@walshtrading.com

 

WALSH TRADING INC.

311 South Wacker Drive

Suite 540 Chicago, Illinois 60606

www.walshtrading.com

 

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