Weekly Grain/Livestock Update 7/3/25

Overview

Soybeans

August

The swing point for the week was 61.8% at 1021.00 and it has already hit the short term target of 61.8% the other way at 1059.00 based on the ONE44 61.8% rule.

Corn

September

Corn held two ticks above the 399.75 swing point for the week and is currently above the 420.00 major Gann square and 23.6% at 421.00, this will be a key area for the next week.

Wheat

September

Wheat held 78.6% at 537.50, this was the swing point for the week. It is currently trading above the 557.25 major Gann square that is also 38.2% and we continue to look for the completion of the 78.6% to 78.6% target based on the ONE44 78.6% rule for the short term target.

Live Cattle

August

Cattle held the combination of 23.6% and 38.2% retracements at 208.30 keeping the short term trend extremely positive, this was also the swing point for the week.

Feeder Cattle

August

The rally above the 305.65 major Gann square and swing point for the week hit the short term target of 78.6% at 311.40, the break took it down to 303.75, but it failed to close below the 305.65 major Gann square. The 78.6% level will be key for the next week, as a failure to make a new high in the area of a 78.6% retracement can be the end of the Bull move for now.

Lean Hogs

August

The setback from 78.6% on the continuation chart at 113.25 and swing point for the week hit the short term target of 107.00, this is 23.6% back to the 4/9/25 low.

Being this is a weekly update we give all the key levels to watch for the week using Fibonacci retracements and Major Gann squares. We set up scenarios to look for when a level holds, or fails based on these methods, so it is very important to know for yourself how to use them following the ONE44 rules and guidelines. The best way to get a better understanding of these methods is to read all the posts (even if not on Grains) and watch our YouTube videos, as we explain why we think what we think based on the rules and guidelines. It is also important to view all the charts, as they have the key levels marked on them, if there are extended moves.

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