This is posted every morning at about 8 AM, before the markets open. Live Cattle closed slightly lower but well off of the highs with Feeders making a more substantial decline. Hog posted a higher high and low to start the week, maintaining upward momentum. Grains were lower on Monday and the Crop Progress report from yesterday afternoon is weighing …
5 Minutes on the Markets – 04/21/2025
This is posted every morning at about 8 AM, before the markets open. Cattle trade posted a strong close before Thursday’s Cattle on Feed report. Will there be a muted reaction following the long weekend? Grains mildly firmer overnight. Weather is in focus, large storms through the Midwest dropped 4-5″ in some spots over the holiday, may delay this week’s …
Chart of the Day – June Live Cattle
Chart of the Day – June Live Cattle The information and opinions expressed below are based on my analysis of price behavior and chart activity Thursday, April 17, 2025 June Live Cattle (Daily) June Live Cattle finished the shortened trading week today, gaining 2.000 to settle at 204.075. After the close, the April Cattle on Feed data was released. According …
5 Minutes on the Markets – 04/17/2025
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 – 04/16/2025
This is posted every morning at about 8 AM, before the markets open. Cattle markets closed higher, Feeders have filled an overhead gap. Hog finished higher but failed to test/break the 200-day average. Grains firmer overnight, Corn seems to be leading the way.
5 Minutes on the Markets – 04/08/2025
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.