Grains consolidate Wednesday’s gains. Lower production numbers are anticipated for Monday’s crop report. This morning’s grain trade is consolidating yesterday’s strong gains. Export sales data released this morning reflected holiday reductions, while soybeans maintained a reasonable 800,000+ MT in sales, supported by China’s ongoing activity. Position squaring continues ahead of this Friday’s Supreme Court ruling…
Grains Continue Their Rally Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1152343794 CornOutside day higher validated with prices pushing back above recent highsEthanol usage slightly lower week to week but still stronger than last two yearsExport demand looks real and extended through early summer, not just front loadedUSDA yield and carryout risk on Monday…
Grain prices eat up Turnaround Tuesday’s correction. After yesterday’s rumble and setback into the close, soybeans immediately from the night session opening pushed higher, followed by the grains. China is likely to be active again in looking for products. The building view is that China may be in for more than 12 million metric tons…
Will Argentina Actually Get Rain? Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1152019722 Corn Follow through buying faded late after strong outside dayResistance near 450 with upside potential toward 460 to 466USDA yield risk could drop carryout below two billion bushelsSeasonal strength expected into Monday’s crop report SoybeansHeld key technical support near 1038 on…
Monday’s strong gains held for the most part overnight, with soybeans gaining further. Grain markets are drifting slightly and are mixed in overnight trade, while soybeans are clinging to modest gains. Yesterday’s rally hasn’t drawn much follow-through, but sellers aren’t stepping in aggressively either. So far, a typical “Turnaround Tuesday” has not materialized. The…
The first full week of trading brings buying interest into grains. WASDE report next Monday. Corn, soybeans, and wheat are all starting the week with gains as fresh managed money flows back into commodities. Last week’s oversold conditions across the grain complex are drawing in bargain hunters, and with volume returning to more normal levels following…
Happy New Year! Corn and wheat are called firm to start the session, while soybeans are softer. Happy New Year! The grain markets are called steady and firm for corn and wheat, while soybeans are steady and softer on recirculating bean deliveries. Opened firmer this morning, but volume is extremely light. Most traders finished adjusting…
The last trading day of the year is upon us. Happy New Year’s Eve! Happy New Year’s Eve to everyone!! With gratitude, we would like to thank you for the past year and for allowing us to provide you with morning information ahead of the bell, along with interpretations of market movements in the afternoon. The…
What 2026 Could Bring Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1150483155 Grain MarketsSanta Claus Rally reversed with corn and wheat giving back gains and soybeans near recent lowsLow holiday volume exaggerating moves and masking developing fundamentalsSeasonal pattern favors a late December to early January turn South America WeatherArgentina entering a critical reproductive stage…
