5 Minutes on the Markets – 05/02/25

Jeff FosseGeneral Commentary

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

Cattle markets maintaining the uptrend, but showing some signs of weakness. Lean Hogs seem to be casting about for support. Wheat sharply higher overnight, Chicago may close the week by setting new highs for the week, KC up strong, as well. Corn slightly firmer and Beans, Meal are up following the Crush report. Bean Oils stocks at record lows for this time of year.