Trump Traders Try Again
Presented by Heartland Investor Capital Management Inc. CTA
Trump Tariff Announcements
Proposed 10% China, 25% Mexico and Canada tariffs driving immediate market volatility.
Fentanyl crisis cited for Mexico and Canada tariff rationale.
Market reacting early to policy shifts effective January 20.
Corn Market
Prices dropped on fears of reduced Mexican imports, creating buying opportunities.
Seasonal rally expected into January-February as U.S. carryout tightens.
Ukraine-Russia tensions may disrupt grain flows, impacting prices.
Soybeans and Soybean Oil
Soybeans pressured by bearish patterns but supported by strong soybean oil gains.
U.S. biodiesel prospects benefit from tariffs on Chinese cooking oil.
Bean oil shows short-term rebound potential amid longer bearish trends.
Wheat Market
Tightening Russian wheat supplies bolster prospects for U.S. exports.
Price resistance must be overcome for sustained upward movement.
Global wheat stocks under pressure, favoring higher prices into January.
Cattle Market
Proposed Mexican cattle tariffs could drive prices higher in 2024.
Seasonal strength likely after December 7, with $200 live cattle possible.
Feeder cattle supplies remain tight, supporting long-term price increases.
Hogs Market
Wave 5 price momentum suggests strong summer contracts.
Favorable hedging opportunities expected for June-July hogs.
Crude Oil
Downward trends continue, with potential lows into next year.
Tight price ranges constrained by ceasefire talks.
Future fuel pricing deferred as prices decline since mid-year highs.
Provided by:
Eugene Graner,
Heartland Investor Capitol Management, Inc., CTA
(A separate entity from Heartland Investor Services)
Past performance is not indicative of future results. The information contained in this report is intended for informational purposes only and is the opinion of the writer and may change at any time. This information was compiled from sources believed to be reliable to Heartland Investor Capital Management, Inc. but accuracy cannot be and is not guaranteed. There is no warranty, expressed or implied, in regards to this information for any particular purpose. There is SIGNIFICANT RISK of LOSS involved in trading futures and / or options on futures and may not be suitable for all investors. Investors should consider these RISKS and evaluate their suitability based on their financial conditions. No one should ever consider trading futures or options on futures with anything other than RISK CAPITAL. NO LIABILITY on the part of the author exists for any trading loss you may incur in the use of this information. The information contained in this newsletter is privileged, confidential and protected from disclosure. Any further disclosure or use, distribution, dissemination or copying of this message or any attachment is strictly prohibited. Provided by Heartland Investor Capital Management, Inc. a registered CTA with the NFA, of which Eugene Graner is principal. This entity is a separate legal entity from the Introducing Broker Heartland Investor Services.