This is posted every morning at about 8 AM, before the markets open. Livestock futures traded lower on Monday, high volume may indicate more downside ahead. Grains higher overnight, seeming to shake off any tariff jitters. First Crop Progress report of the year shows Winter Wheat at 48% good/excellent, down from 56% last year.
Chart of the Day – June Live Cattle
The information and opinions expressed below are based on my analysis of price behavior and chart activity Monday, April 7, 2025 June Live Cattle (Daily) Following Friday’s limit-down close, June Live Cattle closed down 4.025, at 194.175. As futures did not settle at limit, one way or another today, there will be normal trading limits for Tuesday’s trade. Monday’s trade …
5 Minutes on the Markets – 04/07/2025
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.
5 Minutes on the Markets – 04/04/2025
This is posted every morning at about 8 AM, before the markets open. Most markets reacting negatively to tariff happiness. Cattle markets still in uptrend, haven’t been affected as much as other markets yet. Grains weaker as China announces another 34% hike on US imports. Cotton has expanded limits today. T-Bonds are sharply higher, Stock Indexes lower, Gold weak, Silver …
5 Minutes on the Markets – 04/01/2025
Livestock trade started the week off on a weaker note but Cattle market still trending higher. Lean Hogs closed below the 200-day average, but well off the lows. Grain markets had a muted response to the USDA Planting and Grain Stock data from Monday. Grain/Soy trade firmer overnight, with Soymeal being the weaker exception.
5 Minutes on the Markets – 03/31/2025
This is posted every morning at about 8 AM, before the markets open. Are Cattle markets losing momentum? Hogs stuck around the 200 day moving average. Did Friday’s trade activity set the Grains up to rally today? Stock Index Futures all weak this morning.
5 Minutes on the Markets – 03/28/2025
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 …
5 Minutes on the Markets – 3/26/2025
This is posted every morning at about 8 AM, before the markets open. Livestock futures posting large trading ranges, but Tuesday’s trade gave no clear direction. Grain markets lead lower by Wheat and Corn, Soybeans are working into a corner and Bean Oil has be showing signs of bullish life.
5 Minutes on the Markets – 03/25/2025
Livestock markets all start the week in the red, with Cattle futures down for consecutive sessions and Hogs closing below long-tern support. Grains lower as the overnight trade ends. Copper started the week with a new contract high, Gold & Silver firmer this morning.
Charts of the Day – June Live Cattle
The information and opinions expressed below are based on my analysis of price behavior and chart activity Monday, March 24, 2025 June Live Cattle (Daily) June Live Cattle closed at 201.150 today, down 0.625 from Friday. Friday afternoon, after the close, the USDA released the latest Cattle on Feed report. Measured against the same report last year, that pegged all …