5/1/25

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NEW FEEDER CATTLE TRADES BELOW: SEPTEMBER'25 AND MARCH'26

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     The Livestock Markets were mixed, with the Fats having another gain. The Fats gained over a dollar again today. June'25 Live Cattle were 1.25 higher today and settled at 209.65. Today's high was 210.70 and the 1-month high is 211.00. Today's low was 208.32 ½ and the 1-month low is 191.80. Since 4/1 June'25 Live Cattle are 4.22 ½ higher or more than 2%. The Feeders dropped today but were able to get most of it back.  August'25 Feeder Cattle were 0.57 ½ lower today and settled at 294.45. Today's high was 297.55 and the 1-month and contract high is 297.80. Today's low was 292.60 and the 1-month low is 273.35. Since 4/1 August'25 Feeder Cattle are 2.05 higher or almost 1%. The Hogs lost a dime today. June'25 Hogs were 0.10 lower today and settled at 98.17 ½. Today's high was 98.90 and the 1-month high is 101.97 ½. Today's low was 97.42 ½ and the 1-month low is 88.00. Since 4/1 June'25 Lean Hogs are 1.15 higher or more than 1%. The Cattle Markets shot higher on the open, but broke hard after running out of gas. The June'25 Fats were able to rally back and closed more than a dollar higher on the day, but still 1.05 off the highs. I think the time is near for a break in the Cattle Markets. A 10% pullback in the June'25 Fats would put it at 188.68 ½. I still like the 190 level, with the 1-month low being 191.80 and 50% retracement from the 52-week high/low at 190.62 ½. The August'25 Feeders were just a nickel away from having a 5-dollar range today. The Feeders came within 25 cents of the contract high this morning and then broke 4.95. They were able to get almost 2-dollars back but still settled 3.10 off the high today. I feel the Feeders had a heck of a run, but everything comes to an end, and I feel the end is here or near. A 10% pullback in the August'25 Feeders would put the market at 265.00 ½, right on my level of 260-265. The 50% retracement from the 52-week high/low happens to be 266.96 as well. Now is the time to get some protection. There are many ways to do that in the Option Markets, and I put several examples at the bottom of this page and sent them out this morning before the open. Take a look, they are limited risk trades, or a way to put on some protection. If you have any questions or are interested, just give me a call 312-957-8079. The June'25 Hogs almost had a 1.50-dollar range today and settled near the middle of the range. I feel we will continue to see them trade between the 1-month high of 101.97 ½ and the 50% retracement from the 52-week high/low of 96.05, unless something big happens in the Cattle Markets. 

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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.

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     The Grain Markets were mixed today, with the Soybeans and Bean Oil leading the way higher. The Beans bounced off the lows again today.  July'25 Soybeans were 5 ¾ cents higher today and settled at 1050 ¼. Today's high was 1054 ½ and the 1-month high is 1067 ½. Today's low was 1036 ¾ and the 1-month low is 985. Since 4/1 July'25 Soybeans are 1 cent higher or fractionally higher. The Corn closed lower again today. July'25 Corn was 3 ¼ cents lower today and settled at 472 ¼. Today's high was 480 and the 1-month high is 497 ½. Today's low was 470 and the 1-month low is 455 ¼. Since 4/1 July'25 Corn is 4 cents higher or almost 1%. The Wheat Market stayed positive today. July'25 Wheat was ¼ of a cent higher today and settled at 531. Today's high was 537 ¾ and the 1-month high is 571. Today's low was 528 ½ and the 1-month low is 523 ¼. Since 4/1 July'25 Wheat is 22 ¾ cents lower or more than 4%. The Grains look like they are itching to takeoff from here. The July'25 Soybeans settled just 4 ¼ cents off the high today and 1 cent above the 200-Day moving average of 1049 ¼. I feel there is much more upside to come, and I like the 1080 level, and then 1103 ¾, which is the 50% retracement from the 52-week high/low. It can runner higher from there as well, and 1136 would be my next target level higher.  The July'25 Corn did not look great and settled on the lower end of a 10-dollar trading range today. The settlement price was just ¾ of a cent above the 50% retracement from the 52-week high/low of 471 ½. I still feel we can see the Corn trade higher, and any trade deal announcement would help greatly. I feel the July'25 Corn needs to get back above the 100-Day moving average of 479 ¾ and settle at 480 or higher before any rally can continue. The July'25 Wheat looked like it wanted to rally and might just need a little push to get going. July'25 Wheat settled just 7 ¾ cents above the contract low today. I feel that is reason enough to buy it and risk 8 cents or $400.00 per contract. It is early in the year and who knows what will happen this summer. There are also trade deals being worked out, and instability with the Russian/Ukraine war, along with problems with their Wheat crops. If there is any fear of crop stress here this summer, it can shoot straight up, with this year's planting being the second smallest since 1919, or if the world has a new "issue", the wheat can rally much higher from here. I still like 570 level for starter for the July'25 Corn. The 100-Day moving average is 569 ¾ and the 1-month high is 571 and is just 40 cents away. I still like the 640 level as well, with the 50% retracement from the 52-week high/low being 639 ¼. July'25 Wheat 6.00 calls settled at 5 3/8 today and that is just $268.75/contract, Plus Fees and Commissions. There are plenty of great Option Trades available right now in the Grain Option Markets. If you give me a call early tomorrow morning, I can have your account opened before the end of the day, with an opportunity to make a trade before the weekend. The Soybean Oil looked great today, and I feel that market has explosive upside potential still. Soybean Oil stocks are at critically low levels, and there is still anticipation of a biofuels blend increase at any moment. Today there was a US Soybean Oil Stocks Report, and it showed that stocks were more than 12% less than then this time last year. Tomorrow could be an interesting day. There are great spread opportunities that still exist if you are interested. July'25 Soybean Oil settled at 49.70 today, and I feel we can see it trade well over 60.00. I am here if you are interested. Feeder Cattle Trades Below. Have a great night. 

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NEW FEEDER CATTLE TRADES BELOW: SEPTEMBER'25 AND MARCH'26

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I appreciate your business.

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I feel the July'25 Soybeans can trade: 11.20 or higher

I feel the July'25 Corn can trade: 5.00 or higher

I feel the July'25 Wheat can trade: 6.50 or higher

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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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August'25 Natural Gas 5-Year Chart Below.  

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September'25 Soybean Oil 5-Year Chart Below. 

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The Feeder Cattle Trades or Hedges Below Were Sent Out Before the Open This Morning

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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.

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