5 Minutes on the Markets – 04/24/25

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

Lice Cattle posted new contract highs and a new contract high close yesterday and may extend higher still. Feeders and Lean Hogs maintained their bullish momentum, but Fat Cattle lead the way. Corn and Wheat drove the Grain markets lower yesterday, while Soybeans are casting about for a new direction. Bean Oil sharply higher this morning on strong export sales. Wheat actually posted a negative export number this morning due to cancellations.