Author: Ivan

  • Morning Update

    Corn and beans face an open harvest weekend. A mixed grain trade at the end of the night session, with wheat holding 2-cent gains on Saudi Arabia’s wheat tender. There is now starting to become a shift in market attitude as harvest advances, and more yield data comes in. The only thing consistent with this…

  • Market Quick Take

    Grains Fly and Cattle Die Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1124017263 Corn Support at 416 418 with resistance near 425 and 434 444 December contract defies bear calls for 350 Demand and basis improvements supportive Soybeans Two day surge above 10.25 on Trump Xi trade optimism Support at 1010 1012 zone Potential…

  • Morning Update

    “Substantial” aid for US farmers to be announced next Tuesday. This morning’s grain trade is mixed with wheat firmer, corn steady, and soybeans slightly softer. Grains are consolidating their bounce from yesterday after Pres. Trump said he will be meeting with China’s president Xi at the end of October and will make soybean purchases a…

  • Market Quick Take

    Coo Coo For Cocoa Puffs Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1123690537 Corn: Pullback to 407–410 confirmed wave two lowPotential head and shoulders bottom formingNeeds close above 431 for major breakout signalTargets 442–444 as resistance zone Soybeans: Wave two bottom holding near 990–980Outside day up suggests reversalKey breakout level at 1025 weekly closePolitical…

  • Morning Update

    Grain prices continue to retreat after yesterday’s stocks data and government closure. Corn, soybeans, and wheat futures were under pressure throughout the overnight session, extending the weakness into this morning’s night session close. The lack of follow-through buying interest has kept a bearish tone in place, and the overnight shutdown of the U.S. government only…

  • Market Quick Take

    Stocks & Small Grains Fallout Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1123344037 Corn: USDA raised old crop carryout by 195 million bushels Corn surprisingly held support despite bearish numbers Technical setups point toward potential head and shoulders bottom near 407 Recovery above 50-day moving average would be bullish signal Soybeans: Old crop stocks…

  • USDA Report

    USDA WASDE Grain Stocks Report 9/30/25 Soybeans were friendly to pre report estimates as opposed to corn/wheat stocks both being negative. All classes of wheat productions were increased creating the bearish carryout.

  • Morning Update

    Grain Stocks at 11:00 a.m. CT today. This morning, the marketplace has a universal risk off tone touching nearly every sector. The pressure is driven by a combination of factors, including the final day of the month and quarter, which often brings increased positioning and portfolio adjustments. However, the dominant concern across the market today…

  • Morning Update

    Grains soften to start the week. A softer trade greets the start of the week with active harvest taking place, along with a USDA stocks report due Tuesday morning at 11:00 a.m. Expectations on the estimates are looking for a neutral quarterly stocks report but there’s always a prospect the USDA could increase last year’s…

  • Morning Update

    Corn and wheat are looking to close higher than last Friday. Grain futures are fractionally softer on corn and beans this morning, while wheat retreats a few pennies. As of this writing, corn and wheat are still slightly higher on the week than last Friday, while soybeans are off $0.14. Note that soybeans produced a…