Author: Ivan

  • Market Quick Take

    Up, Up and Away Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1183147514 Corn Corn held mostly steady with limited fresh catalysts driving direction Market focus remains on broader grain strength rather than corn specific shifts Trade activity stayed range bound with no major breakout signals Soybeans Soybeans remained in a tight trading range despite…

  • Morning Update

    Soybeans find a turnaround-Tuesday, and wheat continues to recover. Corn, soybeans, and wheat all moved higher in overnight trading, helped more by the absence of new negative developments than by any major bullish catalyst. Still, the upside was restrained. Weakness in the energy markets is capping enthusiasm across the ag space, and the rapid pace…

  • Corn

    Spec trade: Re-buy the July corn at the market, 452 last with a 439 stop. It would appear that corn did a dump and pump, and stopped our long out. I didn’t moved stop this morning and I just wanted to see what it would do as it entered into the box and could’ve possibly…

  • Morning Update

    The markets are preparing for another Surprise Saturday. Morning session ended mixed, with corn and wheat re-looking at yesterday’s lows while soybeans found a firm tone on strength in soybean meal. With the crush giving up its strength on soybean oil, it’s reversed, ensuring that it respects the value at the late February, early March support…

  • Market Quick Take

    Look What WASDE Found Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1181701583 Soybeans USDA held carryout at 350 million bushels despite strong crush Crush increased 35 million bushels to offset balance sheet Exports reduced to keep carryout unchanged Market remains rangebound awaiting demand pickup ahead of potential China buying Wheat USDA raised US carryout…

  • Morning Update

    Grains in full recovery mode of Tuesday’s losses. Grains are all higher across the board this morning, with wheat taking the lead, as rain forecasts for the weekend are still there in the HRW wheat belt, but again, it looks like the West will not get what’s needed. There are reports of fields being so…

  • Morning Update

    The two-week truce is on. Will it hold? The news you know is that a two-week truce has been announced between the US/Israel/Iranian hostilities, with the Strait of Hormuz being allowed open during this window for transportation. There are over 800 ships that want out of the Persian Gulf; over 400 of them carry crude…

  • Market Quick Take

    WASDE Preview Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1180950619 Geopolitics Iran deadline looms tonight with potential escalation or short term truce Pakistan proposes reopening Strait of Hormuz as goodwill gesture Crude oil volatile on shifting headlines and negotiation hopes Corn Ending stocks seen rising modestly month over month Fell below 50 day moving…

  • Morning Update

    Iran has until 7:00 p.m. CDST to accept the cease-fire terms. The grain trade is a bit softer this morning, despite crude oil trading near 115, as the US waits for Iran’s response to a truce, which has a 7:00 CST p.m. deadline. The trade also awaits estimates for Thursday’s WASDE crop report, but for…