5 Minutes on the Markets – 05/12/25

Jeff FosseGeneral Commentary Leave a Comment

I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! USDA close the Mexican border due to screwworm again. I would expect Live and Feeder Cattle to start the day sharply higher. Soybeans, Bean Oil and Corn up sharply following news of tariff negotiations. Bean Oil has gained the most overnight. …

Chart of the Day – July Soybean Oil

Jeff FosseGeneral Commentary

The information and opinions expressed below are based on my analysis of price behavior and chart activity Thursday, May 1, 2025 July Soybean Oil (Daily) Today, July Soybean Oil closed at 49.70, up 0.73 on the day.  A few weeks ago I wrote about this market here if you’d like to revisit that article.  Since then, Bean Oil has rallied …

5 Minutes on the Markets – 04/21/2025

Jeff FosseGeneral Commentary

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 – July Soybean Oil

Jeff FosseGeneral Commentary

The information and opinions expressed below are based on my analysis of price behavior and chart activity Tuesday, April 15, 2025 July Soybean Oil (Daily) July Bean Oil closed at 47.84 today, up 0.99 from Monday’s close.  This is the highest close in the July contract since April 2nd, just before all of the tariff news hit the markets.  Since …

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 – March Soybean Oil

Jeff FosseGeneral Commentary

The information and opinions expressed below are based on my analysis of price behavior and chart activity Friday, January 31, 2025 March Soybean Oil (Daily) On Friday, March Soybean Oil closed up 1.13, at 46.11.  Today’s bullish activity followed yesterday’s Doji, which is a day (bar) that opens and close at, or nearly at, the same price.  Thursday’s trade also …