Soybeans– Soybean traders are still unpacking the recent trade deals with the Philippines and Japan. The trade deal news has not impacted soybeans significantly in either direction. Last night, the White House said that the Japanese trade deal could include $8 billion worth of U.S. Ag products, however specific figures were not specified. Trade talks with China are scheduled to …
5 Minutes on the Markets – 07/24/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! New Contract highs and contract highs closes in both Live and Feeder Cattle. 3 big reports come out after the close on Friday which have the potential to move markets next week. Seasonally, prices tend to come down a bit in …
Recent Trade Deals Fail to Spark a Rally in the Grains
Soybeans– There was a trade deal made yesterday with the Philippines, and today there was a deal made with Japan. Despite the trade deals, soybeans were not able to rally. Further trade deals with South Korea, India, and the EU would be bullish. President Trump is expected to meet with China’s Xi this fall. The 14 day forecast shows temperatures …
5 Minutes on the Markets – 07/23/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Livestock futures were mixed yesterday, with Feeder Cattle setting new contract highs and a new contract high close. Live Cattle closed a touch lower, but didn’t do any “damage” to the charts, uptrend still there. Lean Hogs closed just under the …
Wheat Rallies While Corn and Soybeans Slide Lower on Tuesday
Soybeans– Soybeans traded lower to $10.10 on Tuesday. Soybean ratings are at 68% good/excellent, down 2 points from last week. South Dakota and Ohio saw the most improvement in soybean development, while Kansas and Missouri had the steepest declines. Soybean meal still has room to go lower with the funds at record short and the oil share on its way …
5 Minutes on the Markets – 07/22/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! New Contract Highs for both Live Cattle and Feeder Cattle. Prices are showing no signs, that I see, of slowing down. Lean Hogs also rebounded nicely yesterday and may also move higher. Grains were weak on Monday and with the exceptions …
5 Minutes on the Markets – 07/21/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Live Cattle and Feeder Cattle both closed lower on Friday. The uptrends seem to be losing bullish momentum, as trading volume dropped off in those markets last week. Feeder Cattle positions are at record net longs, according to the Commitment of …
5 Minutes on the Markets – 07/18/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Livestock markets were mixed on Thursday. Both Live and Feeder Cattle closed a bit lower, but trade volume has been weakening. Perhaps the uptrend is temporarily running out of strength. Lean hogs were higher, gaining 1.900 yesterday. I still like Hogs …
Soybeans Continue Higher on Thursday
Soybeans– Soybeans acres under drought continue to decrease. A seasonally cool weather pattern has developed over the northern Midwest, but it should end by early next week as heat moves from the west. Yesterday, there was morning flash sale for new crop soybeans, and rumors were that China may be potentially be the buyer. China is importing a record number …
5 Minutes on the Markets – 07/17/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Live Cattle and Feeder Cattle closed at new contract highs on Wednesday. Volume was weak, again, in those two markets. The trend is still up, but may be losing momentum. Boxed Beef prices declined again yesterday, but the cash markets for …