Corrections Across The Board Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1119909094 CornFirm despite retreat, holding above last week’s closeSupport seen at 418 to 422Technical charts suggest continued strength and possible higher trade tomorrow SoybeansTwo-day correction after Monday’s rallySupport near 1028 to 1030 with strong buying interest expectedStill viewed as constructive despite pullbacks WheatCorrecting…
Wheat seeks to be competitive with Black Sea origin. Grain futures are showing modest strength in overnight trade, though soybeans are under light pressure. With little in the way of fresh market-moving news, futures are lacking strong direction. Wheat is leading the way higher, supported by growing expectations that U.S. exporters will pick up demand…
The grain trade remains firm after yesterday’s strength. After seeing some corrective action in the night session, the grain trade has a firm tone this morning. Yesterday’s gains continued as more US yield data comes in, and suddenly, there is radio silence from firms predicting 190 bpa corn. Heavy disease and drought pressure have some…
The Bears Are Befuddled Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1119207122 Corn: Support at 420 remains strong with resistance at 431 to 435December corn retracing 50 percent of prior decline, forming a V-bottom patternSales paused near 450 but reownership recommended if selling off the combineCarryout could drop under 2 billion bushels with yields…
Row crops find a turnaround-Tuesday. Corn, soybeans, and wheat are all trading firmer this morning as harvest progresses and more signs of crop stress surface. Corn yields in many areas are falling short of expectations and, in some cases, are coming in below last year’s levels. Soybeans are also facing their own challenges, with the…
USDA reporting techniques in question. The overnight action went into corrective mode after last Friday’s strong recovery, with wheat choosing to trade firm following strength on French milling wheat and spot November soybeans heading for unchanged in the closing hour of morning trade. The monthly WASDE report from last Friday was slightly bearish, as even…
USDA WASDE Crop Acreage Report 9/12/25 Corn acreage was increased by 1.4 million acres, while soybeans were increased by 200,000. With a modest reduction in yield, the USDA kept carryout on new crop beans at 300 million while maintaining corn carryout at last month’s 2.110 billion. Market reaction is friendly to the negative numbers, as…
The September WASDE report is out at 11:00 a.m. CT. After a mostly firm night session, the trade turned mixed. The main event in today’s grain trade will be the release of the September WASDE report at 11:00 a.m. CT. Market expectations are mostly centered on modest adjustments to the August figures. For corn, analysts…
Grains Improve Ahead of WASDE Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1117907033 Grains: Soybeans rallied despite softer export salesConab raised Brazil’s crop, but below trade estimates, supporting beansCorn held support, showing bullish outside day setupWheat posted a key reversal from new lows Weather: August was driest since 2013 in major Corn Belt areasDryness…
Brazil’s final bean production is slightly lower than expected. Soybeans are showing strength this morning, while corn is steady. Wheat is having penny losses, with Chicago wheat making a new contract low. CONAB released its final crop estimates, and soybeans came in below the average trade guess, supporting soybeans this morning. Today’s session will feature final…
