USDA Report
USDA WASDE Crop Acreage Report 6/30/25 Acreage data mostly neutral to pre-report estimates while soybeans and wheat stocks are a bit higher than the average guess.
Morning Update
The most significant crop report of the year is today at 11:00 a.m. A mixed start greets the last day of the month and the last day of the quarter as the market awaits today’s USDA Stocks and Acreage data at 11:00 a.m. CT. 95.35 Mil acres is the supposed average guess for corn acreage…
Livestock Risk Protection Alert
The LRP transfer deadline is just around the corner. Are you protected? Ranchers, the clock’s ticking. With the influx of LRP transfers this week, we have made it easier to fill out an application to do LRP with us. If you want true cattle and LRP experts in your corner this year, now’s the time…
Morning Update
Recovery in grains overnight is moderate on US/Chinese trade news. Pre-weekend short covering is providing some much-needed support to the market as we head into the week’s final trading session. Long liquidation has pressured prices throughout the week as traders exited weaker positions ahead of Monday’s key reports. Market participants are well aware of the…
Market Quick Take
June 30th Crop Report Preview Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1096707782?share=copy Corn: Market remains lower since Sunday night, erasing last week’s bounce July contract first notice date is Monday; must exit by Friday Corn stocks expected lower year-over-year, matching expectations Monday’s acreage estimate averages 95.35 million acres; if it hits 96, it’s…
Hogs And Pigs
Hogs and Pigs 6/26/25 All Hogs and Pigs: 100.3 vs 99.6 estimate Kept For Breeding: 99.5 vs 100.0 estimateKept For Marketing: 100.4 vs 99.6 estimate Report came out neutral to pre-report estimates.
Morning Update
Mixed overnight trade. Futures spent much of the overnight session on the plus side, but drifted lower as trade wound down for the morning break. Short covering gave the market its overnight strength, but fresh buying will be needed to reverse our current market trend. Fresh news is relatively thin this morning, but we will…
Morning Update
Grains drift on a lack of buying interest. Grain futures are softer again this morning as the market continues to struggle with a lack of fresh bullish news to attract buyers. With next Monday’s USDA reports approaching, along with month-end and quarter-end positioning, there appears to be little appetite for establishing new futures positions. Favorable…
Market Quick Take
What Can Change The Tide? Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1096041249?share=copy Corn Crop ratings 2% below trade expectations Crude oil collapse pulling ethanol and corn lower No current weather threats ahead of July 4 Soybeans Soybean oil sharply lower, back to last week’s lows Biofuel weakness weighing heavily on soybeans Crop ratings…
Wheat Trade
More risk-off trade overnight with a cease-fire. Grain futures continued to post losses overnight, pressured by broader market weakness as a cease-fire was announced yesterday. Gold tumbled another $72, while crude oil fell an additional $3.00 after yesterday’s steep decline. The sharp energy sell-off followed news of a cease-fire between Iran and Israel, which has…