Nasdaq
華爾街日報Pure Hedge - Livestock and Grain
12/23/25
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MERRY CHRISTMAS - The Livestock and Grain Markets Close Early Tomorrow. 12:15 For The Livestock Markets, and 12:05 For The Grain Markets. The Livestock And Grain Markets Reopen At 8:30am Friday Morning. Friday Markets Have Normal Trading Hours.
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THE GAPS IN THE CHARTS FOR THE FATS AND FEEDERS BELOW
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The Livestock Markets were mixed today, with the Hogs trading higher. February'26 Live Cattle were 1.42 ½ lower today and settled at 230.00. Today's high was 231.62 ½ and the 1-month high is 232.32 ½. Today's low was 229.35 and the 1-month low is 204.32 ½. Since 11/21 February'26 Live Cattle are 15.50 higher or more than 7%. The March'26 Feeders bounced off the low today and closed a buck and a half lower. The March'26 Feeder Cattle were 1.50 lower today and settled at 339.00. Today's high was 341.27 ½ and the 1-month high is 293.30. Today's low was 337.30 and the 1-month low is 293.30. Since 11/21 March'26 Feeder Cattle are 32.50 higher or more than 10%. The Hogs continue to trade higher. February'26 Lean Hogs were 62 ½ cents higher today and settled at 85.97 ½. Today's high was 86.22 ½ and that is the new 1-month high as well. Today's low was 85.25 and the 1-month low is 77.62 ½. Since 11/21 February'26 Lean Hogs are 8.25 higher or more than 10%. The Cattle Markets took a break today, and I believe it was a buying opportunity. Yesterday the January'26 Feeders filled the top of the gap at 348.17 ½, and I feel we can see that happen in the March'26 Feeders as well. The March'26 Feeders need to trade up to 345.05 for the gap to be filled. The February'26 Fats can also fill the gap I believe. The Februuary'26 Fats need to trade up to 233.42 ½ to fill the gap, and I feel we can see that very soon, with the 100-Day moving average at 232.07 ½, and the 1-month high at 232.32 ½. I feel the Fats and the Feeders have a great chance of trading high if or when they have both filled tis gap, and head toward the next one near the contract highs. The Hogs continue to trade higher, and I feel that is something we could get used to seeing. I still like the February'26 Hogs trading in the 90's. There are charts below, and they show where the Gaps are in the Fats and the Feeders, along with a few trade examples. 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, and a Merry Christmas.
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NOW IS THE TIME TO OPEN AN ACCOUNT BEFORE THE END OF THE YEAR - (ONLY 5 TRADING DAYS LEFT THIS YEAR)
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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 were mixed today, with the Beans trading a little lower. March'26 Soybeans were 1 ¼ cents lower today and settled at 1063 ¾. Today's high was 1069 ¾ and the 1-month high is 1149 ¾. Today's low was 1062 ½ and the 1-month low is 1057 ¼. Since 11/21 March'26 Soybeans are 70 ½ cents lower or more then 6%. March'26 Corn continued to stay positive today. March'26 Corn was ½ a cent higher today and settled at 447 ½. Today's high was 449 and the 1-month high is 452 ¼. Today's low was 446 ¼ and the 1-month low is 434 ½. Since 11/21 March'26 Corn is 10 cents higher or more than 2%. The Wheat made a gain as well today. March'26 Wheat was 1 ½ cents higher today and settled at 517. Today's high was 518 ¾ and the 1-month high is 544 ¾. Today's low was 513 ¾ and the 1-month and contract low is 504. Since 11/21 March'26 Wheat is 22 ¾ cents lower or more than 4%. The US Government pushed the release of their biofuel blend rates till the end of January, and that has caused the slump in the market. However, I still think we can see the Soybean Oil skyrocket higher next year, as the new domestic blend rates will be announced, and I anticipate we will see them increased. In addition to the US blend rates increasing, there are several other countries that plan on increasing their biofuel fuel blend rates as well, starting with Brazil, Malaysia, and Indonesia. Brazil will increase their blend rate with Soybean Oil, and Malaysia and Indonesia will be increasing their blend rate mainly with Palm Oil. There could be a very tight squeeze in the vegetable oil markets next year, and that is without any weather problems. The demand for Soybean Oil has continued to increase as well, with Soybean Oil sales hitting almost 50% of the USDA's forecast for 2025-2026. The 5-year average this time of year is under 32%. Brazil has planted another record crop, and the estimates were just raised to 180mt. China's Soybean purchases have been sporadic at best, and that is not helping the Bean Market, and the March'26 Soybeans closed below the 200-Day moving average of 1065 ½ today. The Soybean Oil Market could help save the Soybean Market next year, along with the war between Ukraine and Russia starting to heat up again. Russia has continued to bomb Ukraine, and this week hit Grain terminals in Odesa and damaged their ports as well. Russia also hit a ship transporting Soybeans out of the Black Sea Region, along with continued attacks on the Railroads and Power Stations. It appears that Russia also took out a Sunflower Oil Terminal in the Odesa area. Ukraine responded by hitting a Russian Port in the Black Sea, but I have not heard what was hit. All of this is making it difficult to export Grain and Vegetable Oil from the Black Sea. If peace is not achieved or if the war expands, we could see the premium return to the Grain and Soybean Oil Markets, and it could send the Wheat Market straight up again. The March'26 Corn settled above its 200-Day moving average of 446, and if it can trade through and settle above the 50% retracement from the 52-week high/low of 450 ½, it could be very beneficial for the Corn Market moving forward. I feel the Soybean Oil Market could have a very special year in 2026 and could see price action resembling the moves the Cattle Markets or the Metal Markets made this year. There are trades and charts below. If you have any questions for me, just give me a call. I recommend getting an account open before the end of the year as well. Have a great night, and a very Merry Christmas.
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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. Currently, Soybean Oil Stocks are very tight, and as of 12/11/25, there is only a 20-Day supply remaining. The Palm Oil supply is getting tight, and export controls seem very possibly next 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. 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 is an 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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April'26 Feeder Cattle Trade Sent Out 12/10/25 Below
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MARCH'26 FEEDER CATTLE TRADES SENT OUT YESTERDAY 12/22/25
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WATCH FOR THE NEXT GAP TO BE FILLED IN THE FEBRUARY'26 LIVE CATTLE @ 233.42 ½
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WATCH FOR THE NEXT GAP TO BE FILLED IN THE JANUARY'26 FEEDER CATTLE - FILLED YESTERDAY 12/22/25 @ 348.17 ½
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MARCH'26 FEEDER CATTLE CHART BELOW - NEXT GAP TO BE FILLED @ 345.05
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10% 20% 30% VALUES AND WHERE THE FUTURES PRICES WOULD BE IN THE FATS FEEDERS AND SOYBEAN OIL
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PRICES AND PERCENTAGES BELOW ARE FROM TUESDAY 12/9/25
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PRICES AND PERCENTAGES BELOW ARE FROM TODAY 12/23/25
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THIS WEEKS WALSH GAMMA TRADER FROM YESTERDAY 12/22/25 BELOW.
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The need for a successful business to have a trading account is immeasurable. Look at the market movement in all markets over the last three months. Opening an account sometime in the future will not help you if you need access now. To be successful, and able to manage risk, you need to be proactive now and secure your access to markets in real time. You can be both Prepared and Patient at the same time. WATCH FOR TRADE DEAL NEWS
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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 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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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 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
Walsh Trading, Inc. is registered as a Guaranteed Introducing Broker with the Commodity Futures Trading Commission and an NFA Member.
Futures and options trading involves substantial risk and is not suitable for all investors. Therefore, individuals should carefully consider their financial condition in deciding whether to trade. Option traders should be aware that the exercise of a long option will result in a futures position. The valuation of futures and options may fluctuate, and as a result, clients may lose more than their original investment. The information contained on this site is the opinion of the writer or was obtained from sources cited within the commentary. The impact on market prices due to seasonal or market cycles and current news events may already be reflected in market prices. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
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