5 Minutes on the Markets – 05/01/25

Jeff FosseGeneral Commentary Leave a Comment

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

Livestock markets traded lower yesterday. Cattle markets may be signaling a bearish retracement on the horizon. New contract lows posted in both Chicago and KC Wheat, as recent rains help to ease drought conditions. Export Sales today were not great, mostly to the low end of expectations, but grain/soy product is still moving ahead of USDA’s forecasted pace. Cotton looks weak to my eye. Gold, Silver and Copper are down and may be a buying opportunity. Crude complex extending the recent slide in price.

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