Hedge Recommendations: Make 5% sale of corn against the March contract at 567 Make a 15% sale of soybeans against the January contract 13.47. Make a 20% sale on wheat at December Kansas 888, December Chicago 823 and December Minneapolis 802. There is no reasonable carry in the wheat to sell.
Good morning! Here is some info on USDA’s new LRP endorsement for retaining heifers. The USDA is planning to release a new LRP endorsement product to help encourage ranchers to retain heifers. This program is called BRAND. The BRAND endorsement will allow producers to insure the economic value of retaining a heifer for breeding over…
Grain prices push higher as supply concerns continue to build. Grain Overview Again overnight, we saw what happens so many times. Corn, soybeans, and wheat pushed to new contract highs, and then by 3:00-4:00 a.m. CT, the seller vigilantes showed up right around when MATIF opened to take the markets off their highs. It’s like…
Grain prices roll into profit-taking on the last trading day of the month. Grain Overview Sunday night’s grain trade opened near steady and quickly tumbled as profit-taking hit, with concerns that the large open-interest gains across the grain board for the month of August had spooked some of the twitching tweeters. Despite the quick break,…
New contract highs heading into a Friday for all grain sectors make for an interesting day. Grain Overview The grain trade is higher again this morning, led by wheat and soybeans, while corn also presses new highs. There is no solution to the Black Sea conflict, and we even have Russia now threatening the UK…
Can Grains Continue Higher & Are Cattle Back? Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1221901044/8074998f45 🌽 CornCorn held together after Wednesday’s sharp rally, with Thursday’s pullback amounting to little more than an inside day.Lower U.S. yield expectations and potential additional European demand remain supportive.Black Sea disruptions could make Ukrainian corn exports increasingly difficult…
Wheat holds its strength overnight, while corn and beans drift slightly. Grain Overview Wheat futures remain higher this morning but have backed away from overnight highs after Chicago wheat traded limit up yesterday. Putin’s latest comments suggest negotiations with Ukraine remain unlikely unless attacks on Russian refining infrastructure stop, leaving Black Sea grain movement severely restricted….
New contract highs for corn overnight, pulling wheat and soybeans in their wake. Grain Overview The grain trade is rushing higher this morning, with corn scoring new contract highs for the year and dragging everyone with it. Corn, beans, and wheat dipped initially overnight when the grain trade got underway, as crude oil declined late yesterday…
Grains Rally as Cattle Break Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1221257472/a164bb6e39 🐄 CattleLive and feeder cattle remain under heavy pressure.Live cattle technical targets point toward roughly 207–208.October feeders could still have additional downside toward the low 300s.Longer-term feeder targets could eventually reach the 280 area.Recent beef import news and expectations for additional…
You are signed up for a 30 day free trial of the Heartland Newsletter.
Check your email to make sure you you got the welcome email.
