5 Minutes on the Markets – 07/09/25

I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! 

New contract highs, as both Live and Feeder Cattle rallied sharply on Tuesday. Overall, those bullish trends appear to remain strong. Lean Hogs continued their recent pattern of choppy trade around the 107.000 level. I still expect support near 105.000. Grains were lower again yesterday and weaker overnight. The weather forecasts are for decent crop conditions across most of the grain belt. Corn has set new contract lows in the last 2 sessions. Soybeans are at a critical support level, to my eye. If that doesn’t hold, I would expect another 40 cents of downside.