April 4, 2025 The livestock markets continue to respond to macro drivers, technical levels, and seasonal shifts as we move into April. With strong performance seen across certain contracts and weakness in others, the cattle and hog complex appears mixed. Below is a breakdown of current market positioning in live cattle (LEM25), feeder cattle (GFK25), and lean hogs (HEM25), integrating …
5 Minutes on the Markets – 04/04/2025
This is posted every morning at about 8 AM, before the markets open. Most markets reacting negatively to tariff happiness. Cattle markets still in uptrend, haven’t been affected as much as other markets yet. Grains weaker as China announces another 34% hike on US imports. Cotton has expanded limits today. T-Bonds are sharply higher, Stock Indexes lower, Gold weak, Silver …
Oil Plunges 6% on Tariff Fears, OPEC+ Sets May Production Boost
The May WTI (CLK25) contract settled at 66.95 (-4.76) [-6.64%], high of 70.41, low of 65.98. Spot price is 71.71 (+0.49), open interest for CLK25 is 297,842. CLK25 settled below its 5 day (70.08), below its 20 day (68.22), below its 50 day (69.62), below its 100 day (69.72), below its 200 day (70.40) and below its year-to date (70.49) …
Cattle Markets Crash
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, April 08, 2025, at 3:15 pm. It is free for anyone who wants to sign up and the link for sign up is below. If you cannot attend live a recording will be sent to your email upon completion of the webinar. …
WTI and Brent Oil Rise On ‘Liberation Day’, Fall Over 2% in After Hours
The May WTI (CLK25) contract settled at 71.71 (+0.51) [+0.72%], high of 72.28, low of 70.59. Spot price is 71.22 (-0.25), open interest for CLK25 is 307,027. CLK25 settled above its 5 day (70.83), above its 20 day (68.21), above its 50 day (69.78), above its 100 day (69.77), above its 200 day (70.44) and above its year-to date (70.56) …
Pure Hedge – Livestock and Grain
4/2/25 . . If you would like to receive more information on the commodity markets, please use this link to join my email list Sign Up Now . . The Livestock Markets were mixed today, with the Cattle making new highs. The June’25 Fats made a new contract high today. June’25 Live Cattle were 1.97 ½ higher today …
5 Minutes on the Markets – 04/01/2025
Livestock trade started the week off on a weaker note but Cattle market still trending higher. Lean Hogs closed below the 200-day average, but well off the lows. Grain markets had a muted response to the USDA Planting and Grain Stock data from Monday. Grain/Soy trade firmer overnight, with Soymeal being the weaker exception.
Pure Hedge – Livestock and Grain
3/31/25 . . If you would like to receive more information on the commodity markets, please use this link to join my email list Sign Up Now . . The Livestock Markets were all lower today, but not that much. The June’25 Fats closed 1.00 off the high today. June’25 Live Cattle were 1.20 lower today and settled …
Hog Weakness Continues at End of the Quarter
For those interested I hold a weekly livestock webinar on Tuesdays and my next webinar will be Tuesday, April 01, 2025, at 3:15 pm. It is free for anyone who wants to sign up and the link for sign up is below. If you cannot attend live a recording will be sent to your email upon completion of the webinar. …
Grain Spreads: Friendly Inputs for Wheat
Please join me for a free grain webinar every Thursday at 3pm Central. We discuss supply, demand, weather and the charts along with speculative and hedge ideas. Sign Up Now Commentary Wheat prices were down overnight on weekend precipitation over Kansas but came back on bullish USDA acreage intentions and winter wheat area numbers in my opinion. The USDA …