Rich Moran                                                                         7/25/2025

WALSH PURE SPREADER

- Pure Hedge Division –

Hello and Happy Friday!  We have a handful of trades we are following and here is a summation of those trades ….

                                    DEC’25-MAR’26 WHEAT SPREAD (ZWZ25-ZWH26)

Long at -18½  

I suggested to Risk 3½ cents (-22) or $175 Per Spread to make 10 cents (-8½) or $500 Per Spread.

Currently trading -18¾ .

                                       DEC’25-MAR’26 SOYBEAN OIL SPREAD (ZLZ25-ZLH26)

Long at +0.15 cents

Still like our longs at +0.15 cents risking 0.30 cents to make 0.90 cents.

Currently trading +0.17 cents

                                               SEP-DEC’25 CORN SPREAD (ZCU25-ZCZ25)

Short at -17½ 

Still like out shorts at -17½ risking 3½ tics at -14 to make 8.5 tics at -26.

Currently trading -19¾ 

                                   AUG-NOV’25 SOYBEAN SPREAD (ZSQ25-ZSX25)

Short at +2.5

We got lucky on this one and hit our target of -15.5 for an 18 cent or $900 Per Spread winner.  

               CATTLE CRUSH

          FEB’26 Live Cattle x 2, AUG ’25 Feeder Cattle, SEP ’25 Corn – Cattle Crush Spread

                                                        (LEG26x2)-GFQ25-ZCU25)

Still looking to get short and waiting to settle below the 14-day and 21-day moving averages.

              AUG-DEC’25 Soybean Meal Spread (ZMQ25-ZMZ25) 

Still looking to buy this spread if we can get above the 14-day and 21-day moving averages. 

If you have any thoughts/questions on this article or any questions at all in regard to the commodities futures markets, please use this link  Sign Up Now

Rich Moran

Senior Commodities Broker

RMoran@walshtrading.co

Direct: (312)985-0298

Cell: (773)502-5321

Walsh Trading, Inc. is registered as a Guaranteed Introducing Broker with the Commodity Futures Trading Commission and an NFA Member.

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