This is posted every morning at about 8 AM, before the markets open. Can Cattle markets continue the bullish reversal that started last week? Lean Hogs eyeing an upside gap. Grains a touch weaker following last week’s strong gains, 7 consecutive days up for Corn,5 days for Beans and Soymeal. Highest close for Chicago Wheat since March 21st.
Chart of the Day – May Soybeans
The information and opinions expressed below are based on my analysis of price behavior and chart activity Friday, April 11, 2025 May Soybeans (Daily) May Soybeans closed at 1042 ¾ on Friday, up 13 ¾ on the day. That is the highest close since February 25th and right on the 200-day moving average. The 200 day is often used as …
5 Minutes on the Markets – 04/11/2025
This is posted every morning at about 8 AM, before the markets open. Cattle markets retraced some of Wednesday’s gains yesterday. Hog futures posted higher highs and higher lows and may try to fill some price gaps. Grains stronger following USDA data yesterday, adding to gains overnight. Metals up, led by $250 rally in Gold over three days. Stock Indexes …
5 Minutes on the Markets – 04/10/2025
This is posted every morning at about 8 AM, before the markets open. Grain markets looking toward today’s WASDE report. Most futures markets posted large bullish reversal bars yesterday, following the tariff announcement. Your thoughts are as good as mine, as to whether they can hold those gains and build on them, but yesterday’s pause does give some level of …
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.
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 – 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.