Grain futures start the week firm overnight. This morning’s grain trade is firmer, which has been a common pattern over the past several sessions, where strength in the night session tends to be sold during the day. Still, the firm tone is a pushback against recent selling, as mixed weather conditions are developing across the…
Friday’s grain trade will start out mixed. After a mixed overnight performance, the grain trade is slightly softer this morning. Soybeans are catching their breath after a sharp decline in futures yesterday, which followed limited losses in soy oil due to uncertain demand outlooks. US biodiesel blending remains unclear, with signs suggesting it may now…
Possible Wheat Bottom & Cattle Top Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1084750239?share=copy Cattle: Continued collapse confirmed by outside day down and gap lowerAugust cattle broke 10-day average, likely targeting 201-202 for supportFeeder cattle under pressure, eyeing 290 range as wave correction unfolds Soybeans: EPA’s RVO plan slashed biofuel demand by 20%, collapsing…
Oops, Cattle Did It Again Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1084389139?share=copy Live Cattle: Outside day down and outside week down signals potential top.Monday gap up on Mexican news quickly reversed, ending in capitulation.Possible causes: insider news leaks, weak consumer demand per Walmart comments.Closed above 10-day moving average; break below confirms bearish shift.Fibonacci…
Grain trade struggles to hold Tuesday’s gains. After a firmer night session, prices eventually gave way, with only soybeans managing to hold near mixed trade. Fresh news remains limited, placing greater emphasis on weather conditions and outlooks. The weather continues to be mixed, with current conditions favorable for planting in the Western United States, while…
Interesting Post WASDE Action Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1084022492?share=copy Corn: Old crop briefly dropped below new crop prices under algorithmic pressure Market retesting lower targets; possible ABC correction into the 420 zone December corn held trendline support; watching 440 level for potential bounce Global demand prospects remain with potential buyers like…
The grain trade is lower post-WASDE. Grain futures moved lower in overnight trading, with improved wheat conditions, which rose 3 percent and pushed the wheat crop rating to 54 percent good to excellent. Crop progress reports show corn is now 62 percent planted, while soybeans are at 48 percent. A key takeaway from yesterday’s WASDE…
WASDE Overview & Grain Prospects Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1083657503?share=copy Corn: Old crop ending stocks declined to 1.43 billion bushels. Potential for further reduction to 1.365 billion if adjustments reflect last year’s crop. Soybeans: Decreased acreage for new crop, increased old crop exports. Tightening stocks could push prices higher with weather…
USDA WASDE Crop Report 5/12/25 The ending stocks data was friendly for old and new crop soybeans and corn, but bearish for new crop wheat.
The US and China agree to lower tariffs. A volatile full moon session marked the start of Sunday night trading. Grains opened sharply higher but were quickly met with renewed selling pressure from bearish sentiment. This pushed wheat and corn back down, while soybeans nearly returned to unchanged before rebounding sharply higher into the morning….
