Cattle remain under pressure while lean hogs erased nearly all of the prior day’s limit down move.

Grain markets continued their rally in Tuesday’s trade and are mixed in the overnight and early morning session. Where’s the value trade at?

New all-time highs hit overnight! Phil Streible highlights the new levels to watch in today’s Metals Minute—don’t miss it!

Markets continue to navigate the gauntlet, and for the moment, the focus has shifted back to a deluge of earnings. After the bell yesterday, GOOG disappointed by missing cloud revenues and ramping capex. The stock is down nearly 7% this morning.

The macro environment is trading mixed this morning. The Dollar, equities, and crude oil are all lower while precious metals are strongly higher. Gold is breaking out to the upside and showing notable strength. Dollar weakness should help buoy crude. Bonds are also showing notable strength this morning.

Trump has postponed the deadline for tariffs on Mexico and Canada but is pressing ahead with China. If Washington and Beijing fail to strike a deal this time, the economic fallout could be even worse than in 2018.

Palantir’s Q4 2024 revenue grew 36% year-over-year to $828M, with U.S. commercial revenue rising 64%, fueled by strong AI demand. The company achieved carbon neutrality in the UK, reduced total emissions to 4,196 tCO₂e, and cut cloud-related emissions by 32%. Looking ahead, Palantir projects $3.74B in 2025 revenue while continuing to expand its AI capabilities and sustainability efforts.

Shell, Chevron, and ExxonMobil are navigating the energy transition with different strategies, balancing oil and gas profitability with sustainability commitments. While Exxon outperformed expectations in Q4 2024, Shell and Chevron faced declining profits, highlighting the challenges of shifting toward net zero amid fluctuating oil prices and refining margins.

Global investment in energy transition technologies hit a record $2.1 trillion in 2024, an 11% increase driven by EVs, renewable energy, and grid modernization. However, experts warn that funding must triple to $5.6 trillion annually by 2030 to meet net-zero goals, requiring stronger policies, innovation, and international cooperation.

Carbon credit projects help businesses reduce emissions while creating revenue opportunities. From reforestation to carbon capture, they support sustainability, compliance, and growth. As regulations tighten and technology advances, high-quality carbon credits will be essential for meeting global climate goals.

And even more processing capabilities are coming on line with today's JBS announcement of a $200,000,000.00 dollar expansion of their Cactus Texas and Greely Colorado plants.

The March WTI (CLH25 ) trading session settled at 72.70 (-0.46) [-0.63%] , a high of 73.35, a low of 70.67. Cash price is at 73.17 (+0.68), while open interest for CLH25 is at 292,177. CLH25 settled below its 5 day (72.73), below its 20 day (74.70), above its 50...

The macro environment is trading mixed, with the Dollar weaker, equities flat, crude oil sharply lower, and precious metals showing notable strength. Markets are digesting yesterday’s tariff whipsawing and China’s retaliatory measures.

A wild start to the week for the livestock markets. Expanded limits for lean hogs are in place, 6.00.

Grain markets had a wild session to start the week and month. Expect the volatility to continue offering good shorter term trading opportunities