The Commodity Corner

The last couple weeks have seemed like an extreme roller coaster, keeping traders on their tippy-toes and witnessing irregular moves throughout the livestock complex. However, Tuesday's trades looked to have calmed the market just a touch, seeing lighter moves and sensible closes. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs

Monday proved to see little buyers in the fat cattle futures market, seeing a selloff that lasted most of the day. On the other hand though, cash fats ran up with good sales over the weekend, turning basis positive for the first time in a couple weeks. Feeder Cattle dropped sharply, looking to follow suit to their fatter cousins. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs

With the USDA Cold Storage report being released Friday, shows that the release dates are back on track. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. #CommodityCorner #DairyMarketMinute #DMM #MarketNews #Milk #Cheese #Butter

Both Live Cattle and Lean Hog futures found closes near unchanged after an open that tricked many into thinking we were going to see a stiff selloff. Feeder Cattle were the bright spot, seeing a consistent close higher. February's Cattle on Feed report came out Friday, showing a higher than expected number for cattle and calves on feed. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs

As the title suggests, the market is all about hogs for now. After Wednesday's limit up move in the front five contracts, hogs made another limit up move yesterday, this time to the expanded limit level of $4.50. Live and Feeder Cattle both saw completely green moves across the board as well, still being overshadowed by the pork side of the market. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs

After the dust settled from the excitement of Event 232, the Dairy Complex is back to being mixed. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. #CommodityCorner #DairyMarketMinute #DMM #MarketNews #Milk #Cheese #Butter

There was not a red contract to be seen yesterday. The bigger news, however, was that Lean Hogs saw another limit move higher Wednesday, coming just a day after they saw their first cooling off break in nearly two weeks. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs

Global Dairy Trade Event 232 pushed the Dairy Complex higher on Tuesday. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. #CommodityCorner #DairyMarketMinute #DMM #MarketNews #Milk #Cheese #Butter

Feeder Cattle closed the discounted gap that they had been seeing over the past several months on Tuesday by just a bit. Those contracts gained a consistent dollar more their fat cattle counterparts. Although Live Cattle saw consistent gains throughout the tradable contracts, the move didn't hold a candle to the strong upward move by the feeders. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs

The livestock industry overall saw bullish moves Monday, seeing only a few contracts in the cattle market close lower. Basis continues to weaken in both Feeder Cattle and Lean Hog futures, as the nearby contracts continue to outpace the cash market. Monday also saw large volatility in many calendar spreads. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs

Lean Hog futures traded as high as they could on Friday, seeing contracts lock limit across the board, that limit being $3.00. This makes yet another day of a strengthening hog market, way outpacing cash hogs. Severe weather continues to leave its mark on the livestock market. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs

A historically strong and destructive storm began Wednesday morning and continued through last night, making a wide swath through the middle of the United States, up from South Dakota and Nebraska down to Texas. Winds, flooding, and blizzard like conditions have affected killing operations in many places, seeing cash prices plunge by over a dollar, as packers are unable to take in a normal inventory of cattle. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs

The Dairy Complex edged higher with notable gains in some of the contracts.   Sign up for daily emails or check out our website www.commoditycorner.net for the full report. #CommodityCorner #DairyMarketMinute #DMM #MarketNews #Milk #Cheese #Butter

The entire hog complex looked to be seeing another strong day across the board, before the front few contracts sold off hard, even seeing April drop below unchanged. Back half hogs, though, did see a close of major strength, widening the spread to over $20 between April and July. Cattle futures didn't have much of a move either way, closing near unchanged more times than not. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs  

The Dairy Complex for the most part edged higher. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. #CommodityCorner #DairyMarketMinute #DMM #MarketNews #Milk #Cheese #Butter

Fat cattle futures were the laggards of the livestock contracts Tuesday, losing a good bit of ground on their previously strong March. Feeders followed suit, while hogs jumped higher for the third straight trading day. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs

The Dairy Complex started off to a slow start this week. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. #CommodityCorner #DairyMarketMinute #DMM #MarketNews #Milk #Cheese #Butter

Lean Hog futures saw the second straight day of solid bullish moves, seeing a move above $0.80 in all contracts. Both cattle futures contracts struggled, seeing a bit of a selloff, feeders definitely feeling it more than fats. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs

All livestock futures products saw a very consistent message on Friday: there is optimism. On the cattle side, both Live and Feeder Cattle picked up modest gains, keeping with the recent bullish feel throughout the market. Lean Hogs saw an outrageous move higher, nearly $3.00 higher in the front four contracts. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs

With the Cold Storage report coming in the dairy complex struggled into the red. With Cold Storage being released today natural cheese stocks saw a 1% increase month over month while butter stocks were up 18% month over month. Sign up for daily emails or check out our website www.commoditycorner.net for the full report.

In case you haven't gotten tired of talking about Feeder Cattle, here we are again with them in the spotlight. Feeders yesterday saw some serious moves higher, however, instead of the recent rough patched they've endured. The move wasn't reflected in the cash side however, still seeing cash trades below $140. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs  

The Dairy complex was mixed however, four the six contracts finished in the green when looking at the front month. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. #CommodityCorner #DairyMarketMinute #DMM #MarketNews #Milk #Cheese #Butter

Feeder Cattle hit day number two of tough losses, departing again from Live Cattle's moves sideways. Cash looks to be the variable that continues to yank on the futures, pulling it downwards closer and closer to $140. Hogs caught the eye of sellers, seeing a decent drop throughout the contracts. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs

There for a while, it looked as though Live Cattle and Feeder Cattle would move similarly, either higher or lower. Over the past few weeks, however, there has been a divergence from that pattern. Tuesday was an excellent example of that shift outside of correlation. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs

The Dairy Complex was mainly down with Cash Settled Butter showing the most strength on Monday. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. #CommodityCorner #DairyMarketMinute #DMM #MarketNews #Milk #Cheese #Butter

Fat cattle futures sold off on a day that didn't seem find many steadfast buyers. Cash cattle and beef cutouts both continue gaining, seeing strong demand. Both Feeder Cattle and Lena Hogs saw some green, but nothing substantial enough to throw money at them. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs

The Dairy Complex fell into the red again with four of the six contracts only posting losses. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. #CommodityCorner #DairyMarketMinute #DMM #MarketNews #Milk #Cheese #Butter

Again, Feeder Cattle fell in the front end of the contracts, seeing a drastic carry market throughout the tradable contracts. Fat cattle basis looks to see shallow negative or even flat numbers, as cash rallies to catch up to futures. Hogs continue to have no sense of direction and no footing to stand on. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs

With the roll of the contracts the front month saw a larger than usual estimated volume. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. #CommodityCorner #DairyMarketMinute #DMM #MarketNews #Milk #Cheese #Butter

Feeder Cattle futures were the weak link in the livestock chain Thursday, seeing a crisp drop in the early hours before closing mostly near a dollar lower. This comes as indexed feeder cattle drop below $140, a level not seen for some time. Lean Hogs and Live Cattle products each saw flat moves, both mostly within $0.50 of unchanged. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs  

Livestock products saw no exceptional moves into the close Wednesday, keeping the volume profile of the trading day condensed. One big piece of information to absorb is cash fat cattle are slowly converging to futures, coming only a few days prior to the settlement of the February contract. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs

The livestock complex did not have a single loser Tuesday. The cattle futures contracts continued their bullish channel, some months continually seeing contract highs. Hogs finally turned around after a Monday that kept the negative pressure steady. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs  

As February draws near the end of the month we see the front month slowing down and remaining unchanged. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. #CommodityCorner #DairyMarketMinute #DMM #MarketNews #Milk #Cheese #Butter

Lean Hog futures again took a blow Monday, seeing a close lower of over a dollar in many of the contracts. If you'll remember, last week created excess volatility throughout the hog complex, seeing limit down moves followed by nearly limit up moves before finally closing Friday relatively quiet. The cattle market showed no big moves Monday, stabilizing just under the $130 mark in the front two contracts. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs

The Dairy complex remains mixed. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. #CommodityCorner #DairyMarketMinute #DMM #MarketNews #Milk #Cheese #Butter

After an exciting week to spectate the livestock futures market, Friday proved to take a bit of volatility out of the market, seeing closes of no more than a dollar away from unchanged in all products and all months. The USDA released the Cattle on Feed report as of January 1 which yielded no big surprises. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs

China excites all markets with a proposal to buy $30 billion worth of U.S. agricultural products a year. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. #CommodityCorner #DairyMarketMinute #DMM #MarketNews #Milk #Cheese #Butter

Although the cattle complex saw lower prices in the front end contracts, there was still strength and a feeling of bullishness in the markets Thursday. Along with that, even Lean Hog futures made a day out of it, getting quite the boost after two days of torturing losses. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs

Government reports are finally catching up after the Government shutdown that took place between December and January. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. #CommodityCorner #DairyMarketMinute #DMM #MarketNews #Milk #Cheese #Butter

Lean Hogs were the talk of the town once again Wednesday, with a sharp drop in the front half of the contracts. Cattle futures looked to stabilize near contract highs, but have yet to prove that they can push through the $130 mark. Harsh winter weather and lighter than average yields are most likely the causes for the higher prices. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs

A tough week only got tougher for U.S. wheat futures, as prices faltered for the fourth straight session against lower global wheat prices.    Sign up for daily emails or check out our website commoditycorner.net for the full report!

With the Global Dairy Trade, Event 230 taking place on Tuesday the Dairy Complex found some support settling in the green. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. #CommodityCorner #DairyMarketMinute #DMM #MarketNews #Milk #Cheese #Butter

There was lots to talk about Tuesday after the long weekend, seeing an explosion of prices across the livestock complex. Live and Feeder Cattle both had exceptionally strong moves higher on the day, sticking with recent bullish sentiment. The hog complex fell through the basement Tuesday, limiting down in five of the tradable contracts. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs

The Dairy Complex struggles to regain footing with another day sliding towards the red. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. #CommodityCorner #DairyMarketMinute #DMM #MarketNews #Milk #Cheese #Butter

Friday proved to show a week of little change in the livestock complex. After some swings throughout the week, the livestock products ended the week without substantial moves. USDA continues to push out data, but has yet to catch up to current events. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs  

Dairy fell again on Thursday with Class III finding itself below $14.00 again this year. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. #CommodityCorner #DairyMarketMinute #DMM #MarketNews #Milk #Cheese #Butter

Both Live and Feeder Cattle futures dropped sharply to start the day, before rallying late into the close. Hogs dropped hard Thursday after showing possible strength at the beginning of the week. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs

The Dairy Complex fell down after Tuesday's bounce up. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. #CommodityCorner #DairyMarketMinute #DMM #MarketNews #Milk #Cheese #Butter

Cattle futures took the brunt of the lower trades on Wednesday, falling sharply, but not closing more than a dollar lower. Hogs couldn't make it three days in a row higher, seeing mixed results yesterday. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. Happy trails folks! #CommodityCorner #LivestockMarketMinute #LMM #MarketNews #Cattle #Hogs  

The large data release from USDA last Friday has done little to change market direction across the grain complex, as markets remain focused on the outcome of trade talks between the U.S. and China.   Sign up for daily emails or check out our website commoditycorner.net for the full report!

The dairy complex showed mixed results for the most part with the exception being Class III. Sign up for daily emails or check out our website www.commoditycorner.net for the full report. #CommodityCorner #DairyMarketMinute #DMM #MarketNews #Milk #Cheese #Butter