Mild Grain Corrections Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1086885847?share=copy Corn: Corrected slightly but held above key support levelsOld crop exports strong, 100 million bushels above USDA paceMarket bridging gap to Brazilian safrinha harvest in JulyDecember corn near 62% retracement, watching for push to 470Prevent plant and disease pressure building in the Delta…
Soybean oil tumbles limit down overnight A mixed tone greets the grain trade this morning, with wheat trending higher while soybeans are sharply lower. Soybean oil has dropped to its daily limit. On Tuesday afternoon, EPA Administrator Lee Zeldin indicated that the Renewable Volume Obligation (RVO) numbers for 2026 will be reviewed over the coming…
First notice day for May grain contracts is Wednesday. Last night’s grain trade opened soft and remained under pressure, driven by improving weather forecasts for spring planting. Volume was lower than usual, partly due to conflicting media reports about whether the U.S. and China are genuinely engaged in trade discussions. Given China’s tendency toward propaganda…
KC wheat maintains overall grain strength heading into the weekend. This morning’s grain trade has wheat and soybeans firm while the corn market retreats from yesterday’s recovery. March futures expire at the close today, and deliveries of 125 contracts of soymeal, 24 contracts of soy oil, 11 contracts of KC wheat, 30 contracts of soybeans, and…
Weather models flip from dryer yesterday noon in Argentina to wetter overnight. This morning’s grain trade is lower on corn and sharply lower on soybeans and wheat as yesterday’s pre-noon forecast was pulling rain for Argentine this weekend but then put them back in again in the evening and overnight. The 8-15 day window models for…
The grain trade pushed higher overnight, with soybeans and wheat seeing double-digit gains This morning’s grain trade is higher across the board, as the Trump Trade, rains in South America, and fears of slowing grain sales could not get soybeans to push below 975 on Monday. With so much negative news digested, short covering is…
Spec trade: Day order, Sell a Jan Bean at 1008.4 with a 1019 stop.
The World veg oil prices move on to new highs overnight. This morning, grain markets are higher as hedge pressure turns to a minimum, especially with rains on the way throughout the Midwest, but new highs in world vegetable oil markets persist. Malaysian palm oil overnight gapped higher and surged 170 ringgits, settling at $0.52/pound, a…
US port strike ends, and job numbers are better than expected. This morning’s grain trade is mixed. Wheat and corn continued yesterday’s selloff, while soybeans firmed on spread trading and bean oil, having followed crude oil higher overnight until the jobs data came out this morning. The US dollar firmed after 7:30 this morning, trading above…
Grain market pause… Presented by Heartland Investor Capital Management Inc. CTA Provided by: Eugene Graner,Heartland Investor Capitol Management, Inc., CTA(A separate entity from Heartland Investor Services) Past performance is not indicative of future results. The information contained in this report is intended for informational purposes only and is the opinion of the writer and may…
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