5 Minutes on the Markets – 05/07/25

Jeff FosseGeneral Commentary Leave a Comment

Both Live and Feeder Cattle posted new contract highs for the 3rd consecutive day. The trends are certainly still up, but momentum seems to be dropping. Lean Hogs gapped lower yesterday and appear poised to test 200 day support. Grains got a bullish bounce overnight, on new that the US and China will meet this weekend in Switzerland. Obviously, nothing …