5 Minutes on the Markets – 05/14/25

Jeff FosseGeneral Commentary

I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Live and Feeder Cattle futures remain at elevated levels, but didn’t get a directional push on Tuesday. Lean Hogs rallied, in part due to rollover from June to July contracts. Corn and Wheat pushed lower on Tuesday but closed off their …

5 Minutes on the Markets – 05/07/25

Jeff FosseGeneral Commentary

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 …

5 Minutes on the Markets – 05/06/25

Jeff FosseGeneral Commentary

This is posted every morning at about 8 AM, before the markets open. Live Cattle and Feeder Cattle set new contract highs and closed strong. Lean Hogs were a slightly lower to start the week. Corn dropped aggressively on planting progress and 10-day weather forecasts, July settled at the lowest price since just before Christmas. Beans and Wheat were weak, …

5 Minutes on the Markets – 04/23/25

Jeff FosseGeneral Commentary

This is posted every morning at about 8 AM, before the markets open. Livestock markets still strong, Live Cattle and Lean Hogs seem to be leading this week. Corn, Wheat weaker on weather and technicals, I think. Soybeans stuck against 200 day resistance, Soymeal weak and Bean Oil losing momentum. Cotton is up strong, Sugar looks to reverse trend. Gold …

5 Minutes on the Markets – 03/28/2025

Jeff FosseGeneral Commentary

This is posted every morning at about 8 AM, before the markets open. Cattle markets post strong Bullish Reversals on Thursday, Hogs continued the pattern of large trading ranges. Grains weaker overnight, led by Wheat, especially KC Wheat. Soybeans and Bean Oil jumped higher on Thursday, Bean Oil appears to be leading the way there. Gold making new contract highs …

Chart of the day – February Gold

Jeff FosseGeneral Commentary

The information and opinions expressed below are based on my analysis of price behavior and chart activity Wednesday, December 18, 2024  February Gold As of this writing, February Gold is currently trading at 2609.60, down 52.40 on the day.  Most of the selling pressure came in as soon as the FOMC announced the ¼ rate cut at 1 PM CT.  …