5 Minutes on the Markets – 05/02/25

Jeff FosseGeneral Commentary

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 – 04/17/2025

Jeff FosseGeneral Commentary

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 – 04/14/2025

Jeff FosseGeneral Commentary

This is posted every morning at about 8 AM, before the markets open. Can Cattle markets continue the bullish reversal that started last week? Lean Hogs eyeing an upside gap. Grains a touch weaker following last week’s strong gains, 7 consecutive days up for Corn,5 days for Beans and Soymeal. Highest close for Chicago Wheat since March 21st.

5 Minutes on the Markets – 04/10/2025

Jeff FosseGeneral Commentary

This is posted every morning at about 8 AM, before the markets open. Grain markets looking toward today’s WASDE report. Most futures markets posted large bullish reversal bars yesterday, following the tariff announcement. Your thoughts are as good as mine, as to whether they can hold those gains and build on them, but yesterday’s pause does give some level of …

Chart of the Day – April Feeder Cattle

Jeff FosseGeneral Commentary

The information and opinions expressed below are based on my analysis of price behavior and chart activity Thursday, February 20, 2025 April Feeder Cattle (daily) April Feeder Cattle closed at 266.375 today, down 2.225.  You might notice, by looking at the chart, that the market has held right along the 23% Fibonacci level for the past 10 sessions.  Some of …

Chart of the Day – March Feeder Cattle

Jeff FosseGeneral Commentary

The information and opinions expressed below are based on my analysis of price behavior and chart activity Monday, January 13, 2025 March Feeder Cattle March Feeder started off this week by dropping 1.50 to close at 267.90.  Last week my news feed (and still some today) was talking about record-high cattle prices.  There’s no mistake, cash cattle prices ARE historically …

Chart of the Day – Feeder Cattle

Jeff FosseGeneral Commentary

The information and opinions expressed below are based on my analysis of price behavior and chart activity Tuesday, December 3, 2024 January Feeder Cattle After starting the week off with a drop of 2.625 on Monday, January Feeder Cattle rallied back up by 2.450 to close at 259.30 on Tuesday.  Setting aside Friday’s holiday-shortened session, this is the highest close …

PER-THANKSGIVING Chart Outlook

Alan PalmerCurrencies, Energy, General Commentary, Grains, Livestock

Let’s give Thanks, confidence in System? Change, FRB Yellens’ natives getting restless? Yield curve flattens. 2 year i rate closer to tens before yearend, .60-ish Is this this markets players ready to blow or maybe flip, long bonds like in Summer 2016 at highs?  My diary had a $40.5bil player flip long at those 2.08% all time lows in rates …