5 Minutes on the Markets – 04/07/2025

Jeff FosseGeneral Commentary Leave a Comment

This is posted every morning at about 8 AM, before the markets open. Livestock markets have expanded limits today. Wheat leading the Grains higher overnight, Soybeans look to shake off Friday’s losses and Corn casting for a direction. Outside markets still in the red in early trade, but showing signs of possible reversals, currently well off the overnight lows.

Chart of the Day – April Lean Hogs

Jeff FosseGeneral Commentary

The information and opinions expressed below are based on my analysis of price behavior and chart activity Thursday, February 27, 2025 April Lean Hogs April Lean Hogs closed down 3.925 today, settling at 84.375.  That puts prices just above the 200-day average (purple, 84.228).  Volume was high today, which usually means position liquidation and further weakness ahead.  However, tomorrow is …

Chart of the Day – April Lean Hogs

Jeff FosseGeneral Commentary

The information and opinions expressed below are based on my analysis of price behavior and chart activity Tuesday, February 11, 2025 April Lean Hogs (Daily) Today, April Lean Hogs settled at 92.975, up 1.35 on the day.  This is a contract high close for the Hogs and was a very strong day, with the market opening just 1 tick off …