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….
Beans Ready to Break Out? Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1082933310?share=copy Soybeans:November soybeans are congesting near the 200-day moving average (around $10.35), showing resilience after repeated rejections at this level in recent weeks.A Friday close above $10.35 (May 9) would mark a potential breakout, suggesting a technical shift and bullish sentiment.Market speculation…
Beans Ready to Break Out? Six weeks of sideways action could turn explosive if November beans close above 10.35. Is China the catalyst?
Grains find pre-weekend short covering. This morning’s grain trade is firm-higher, led by corn and soybeans, as short covering has gained momentum ahead of the weekend. US and Chinese trade delegations are meeting in Geneva to discuss renewing some form of trade, following the heavy imposition of tariffs. As of yesterday, there were no expectations…
WASDE Preview and Weekend Thoughts Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1082655981?share=copy Corn: Made new spring lows before bouncing into the closeFailed to close unchanged; no key reversaWASDE may peg yield at 181 bpa with 2B+ carryoutStrong export sales at 1.66 MMT; Mexico continues buying amid droughtMarket sentiment overly bearish; surprise rally possible…
Soybeans lead overnight recovery ambitions. Grains are mostly firmer today, with soybeans leading the recovery bounce. Export sales numbers this morning were very strong, with corn at 1.66 million metric tons, while soybeans came in at 376,700 metric tons. Statistics Canada released their Canadian grain stocks as of March 31. They reported wheat stocks at…
