“The cattle markets are on fire and continued to charge ahead today. The Fats and Feeders traded close to the gaps early today, but the Break in the Crude Oil Market pushed them both over the line, and it was off to the races,” Bill Allen of Walsh Trading said. “The June '26 Fats and the May '26 Feeders now have their eye on the Contract highs, and today's strong technical action should help. Expectations of a strong cash make this week should also help keep a bid in the Cattle Markets, and I heard 238 traded already today. If the with Iran is close to over or is over soon, the Crude Oil should break substantially, and the Stock Markets should shoot higher, much more than they already have today. That should propel the Fats and Feeders into uncharted territory and who knows how high it can go.”