The information and opinions expressed below are based on my analysis of price behavior and chart activity Tuesday, June 3, 2025 August Live Cattle (Daily) Today, August Live Cattle closed at 209.750, down 1.250 on the day. It is Tuesday, so this may have been a “Turnaround Tuesday” trade, temporarily reversing the direction of Monday’s trade. We did see a …
5 Minutes on the Markets – 05/30/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Both Live and Feeder Cattle closed higher on Thursday, with Feeders leading the way. Feeders have been stuck in in a trading range for 10 days or so, if they can break out higher and fill the overhead gap, I think …
5 Minutes on the Markets – 5/29/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Live and Feeder Cattle posted lower closes on Wednesday and appear as if they’re losing some bullish momentum. I don’t see a “bearish” turn yet, but I do think both of those can trade lower to test the 50-day moving averages. …
5 Minutes on the Markets – 5/27/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Cattle on Feed data from Friday was mostly neutral, as the herd continues to contract and get smaller. That should allow Feeder and Live Cattle to continue the uptrend in prices. Demand should remain strong, as “grilling season” has begun. Wheat …
5 Minutes on the Markets – 05/13/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Livestock markets gapped higher yesterday on tariff optimism and border closure news. Both Live Cattle and Feeder Cattle closed higher, with Feeders making the largest gains. There are now price gaps on both of those charts. Lean Hogs also closed higher, …
5 Minutes on the Markets – 05/02/25
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 …
5 Minutes on the Markets – 04/28/2025
This is posted every morning at about 8 AM, before the markets open. Livestock markets closed fairly strong on Friday, with Feeder Cattle posting new contract high closes. Lean Hogs lean the way, though. Talk this morning of US/MX border being closed to MX Cattle imports on April 30th, due to more concerns with screwworm. Grains lower overnight, with Wheat …
5 Minutes on the Markets – 04/21/2025
This is posted every morning at about 8 AM, before the markets open. Cattle trade posted a strong close before Thursday’s Cattle on Feed report. Will there be a muted reaction following the long weekend? Grains mildly firmer overnight. Weather is in focus, large storms through the Midwest dropped 4-5″ in some spots over the holiday, may delay this week’s …
5 Minutes on the Markets – 04/17/2025
This is posted every morning at about 8 AM, before the markets open. Livestock markets traded higher on Wednesday. Both of the Feeder and Live Cattle markets posted decent gains, continuing the long-term uptrend. There is a Cattle on Feed report due today, after the close. Lean Hogs led the way, however, with the June contract posting a strong bullish …
5 Minutes on the Markets – 04/16/2025
This is posted every morning at about 8 AM, before the markets open. Cattle markets closed higher, Feeders have filled an overhead gap. Hog finished higher but failed to test/break the 200-day average. Grains firmer overnight, Corn seems to be leading the way.