Options expire for May grain contracts today. Grain futures are trading mixed this morning after trending higher for most of the overnight session. Soybeans extended their recent rally, decisively breaking above the 200-day moving average. This move was supported by news that Japan will include soybean purchases in its ongoing tariff negotiations—a significant development, as Japan…
Beans Breakout Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1078439740?share=copy Corn: Export sales remain strong; USDA may be underestimating by ~100 million bushels.Carryout could tighten to 1.3 billion, driving summer volatility.Wave 4 technical correction complete; setting up for potential Wave 5 rally.Resistance around 470 on December corn if weather adds fuel. Soybeans: Likely export…
Soybeans again lead the overnight Strength. Grain markets are mixed this morning, with soybeans maintaining strength seen earlier this week and corn rebounding after several days of losses. Meanwhile, Kansas City and Minneapolis wheat contracts are softer, reflecting beneficial rains in Kansas and anticipated moisture in the drought-affected Northern Plains, especially North Dakota, which has…
Outside markets rally on reports that Pres. Trump will not remove FED Chair Powell. Grain futures are mixed this morning despite a firm start last night. Stock markets soared while gold collapsed on the word that President Trump indicated a desire to work with China to reduce tariffs, which, as the Secretary of the Treasury,…
Can Wheat Rally? Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1077723991?share=copy Corn: Lower on planting progress (12%) and 96 million acre talk triggering two-day correctionMarket near Wave 4 low around 479–480; rebound likely post-options expiry FridayFocus remains on old crop demand and stocks rather than acreage expansion Soybeans: Higher on U.S.–China tariff talk optimism…
A mixed trade to start Turnaround-Tuesday. After mostly higher evening sessions, wheat and corn prices turned softer in the early morning hours as French milling wheat fell upon reopening after the Easter Monday holiday. French milling wheat hit a new calendar-year low, dragging our wheat values lower. As of Sunday, corn plantings were at 11%,…
Grains trade firm/higher overnight on a weak US dollar and 301 actions. A firmer grain trade greets the start of the week, as the US dollar plummets to its lowest level since March 2022, on talk that the President. Trump is looking for ways to release the President. Powell from being chairman of the Federal…
Tonight’s grain trade is called higher on multiple factors. Tonight’s grain trade is expected to open higher, with soybeans 5–8 cents stronger and corn and wheat up 2–5 cents, supported by ongoing wet weather across the Central U.S. that continues to delay spring planting. Additionally, sentiment has improved following news that U.S. grain exports will…
Easter Hedger Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1076519022?share=copy Cattle: Cattle on Feed report near expectations at 98.2%; placements slightly above estimates may pressure feeders. Cash trade active at $210–$212; April contract aligns with cash. June cattle nearing 207 resistance; technicals suggest wave 2 correction likely. Long-term outlook remains bullish with wave 3…
Cattle On Feed On Feed: 98% vs 98.2% estimate Placed: 105% vs 103.4% estimate Marketed: 101% vs 100.7% estimate The report came out mostly neutral compared to pre-report estimates, though the feeder cattle number could be considered slightly negative.
