This is posted every morning at about 8 AM, before the markets open. Livestock markets finished the week strong, cash trade remains at high levels with both Boxed beef Index and Feeder Index posting record highs on Friday. Grains started the week under pressure, with Soymeal the lone gainer overnight. Wheat futures led the way on Friday, as traders attempted …
5 Minutes on the Markets – 05/02/25
This is posted every morning at about 8 AM, before the markets open. Cattle markets maintaining the uptrend, but showing some signs of weakness. Lean Hogs seem to be casting about for support. Wheat sharply higher overnight, Chicago may close the week by setting new highs for the week, KC up strong, as well. Corn slightly firmer and Beans, Meal …
5 Minutes on the Markets – 05/01/25
This is posted every morning at about 8 AM, before the markets open. Livestock markets traded lower yesterday. Cattle markets may be signaling a bearish retracement on the horizon. New contract lows posted in both Chicago and KC Wheat, as recent rains help to ease drought conditions. Export Sales today were not great, mostly to the low end of expectations, …
5 Minutes on the Markets – 04/30/25
This is posted every morning at about 8 AM, before the markets open. Live Cattle and Feeder Cattle remain strong, posting new highs again yesterday. They are getting close to some trend resistance, but haven’t weakened yet. Grains were sharply lower, July Corn shed some 13 cents, Wheat set new contract lows and Beans were lower, too. This morning it …
5 Minutes on the Markets – 04/28/2025
This is posted every morning at about 8 AM, before the markets open. Livestock markets closed fairly strong on Friday, with Feeder Cattle posting new contract high closes. Lean Hogs lean the way, though. Talk this morning of US/MX border being closed to MX Cattle imports on April 30th, due to more concerns with screwworm. Grains lower overnight, with Wheat …
5 Minutes on the Markets – 04/23/25
This is posted every morning at about 8 AM, before the markets open. Livestock markets still strong, Live Cattle and Lean Hogs seem to be leading this week. Corn, Wheat weaker on weather and technicals, I think. Soybeans stuck against 200 day resistance, Soymeal weak and Bean Oil losing momentum. Cotton is up strong, Sugar looks to reverse trend. Gold …
5 Minutes on the Markets – 04/22/2025
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 …
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.