5 Minutes on the Markets – 04/30/25

This is posted every morning at about 8 AM, before the markets open.

Live Cattle and Feeder Cattle remain strong, posting new highs again yesterday. They are getting close to some trend resistance, but haven’t weakened yet. Grains were sharply lower, July Corn shed some 13 cents, Wheat set new contract lows and Beans were lower, too. This morning it appears as if Soybeans are leading the way down. Metal are lower today, with Copper getting hit the hardest.