Cattle & Beans Are In Trouble Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1052009357/867d3ca1af?share=copy Soybeans: Prices fell after hitting the 200-day moving average.Buenos Aires region expected to receive rain after persistent drought.Multiple closes below $10.33 could trigger further decline into spring. Wheat: Prices rose as Russia faces warm weather, insufficient snow cover, and crop…
Something To Worry About In The Cattle Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1051300451/f0a76ab2b5?share=copy Feeder Cattle: The rally may extend beyond $286 if historical wave extensions repeat.A wave four pullback could hold trendline support or extend further.Previous breaks from February highs ranged from 4% to 9.5%.February 2022 saw a $28 drop after an…
Grains & Cattle Keep Marching Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1049805357/1b0b6024d3?share=copy Grain Trade Update:Soybean and corn prices rose sharply, reaching new recovery highs before selling off slightly at close.Argentine rainfall deficits, particularly in Buenos Aires, are driving concerns over crop yields.Northern Brazil faces issues with dryness and sprouting beans, slowing export progress….
Trump Traders Surrender Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1049058941/3986bc116b?share=copy Trump Traders’ Surrender: Trump traders anticipated large South American crops and Chinese tariff escalations.Tariffs from Trump’s first term remained; Biden didn’t enforce China’s $25 billion agriculture commitment.Rally reflects weather, not tariffs, and signals a shift as shorts liquidate positions. South American Weather Concerns:…
Argentine Rain’s in Focus Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1047612534/d6402016b2?share=copy Soybean Market: Rain in Argentina and southern Brazil triggered a 50-cent market pullback after recent 70-cent gains.Key support lies at $10.16; failure risks further declines.Reduced U.S. soybean acres could tighten domestic carryouts below 300 million bushels, driving potential June-July weather-driven rallies. Corn…
Grains, Oil, and Cattle Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1046903102/c27dc1217b?share=copy Corn: Reached $4.80 before a retreat on Turnaround Tuesday. Wave three remains intact, with potential for new highs pending export sales. Anticipated rally depends on South American conditions or Chinese buying. Soybeans: Climbed to $10.64, nearly $1 higher since Christmas, before pulling…
USDA Preview & Cattle Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1045464716/f8dd5a2188?share=copy Crop Production Report: Corn yield expected at 182.7, still above record 177.3.Carryout estimates reduced to 1.674 billion; lower demand adjustments unlikely.Bean yields vary widely; tighter stocks could support prices. South American Weather: Argentina faces extreme heat (100-105°F), delaying vital rain.Brazil’s crop also…
Corn Maintains Strength Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1044794392/094cfd648f?share=copy Grain Trade: Corn closed higher, suggesting strength ahead of Friday’s USDA report.Soybeans rallied despite overnight pressure; weather in Argentina adds bullish potential.WASDE estimates hint at yield reductions for corn (182-183 bpa) and soybeans (~51.6 bpa). Cattle Market: Cattle prices hit new contract highs,…
Argentina On The Radar Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1043507296/f5cc367fdc?share=copy Grain Markets: Corn traded near $4.60, holding above the 200-day moving average.Soybeans rebounded above $10.10 despite early struggles, supported by Argentina’s ongoing dryness.Wheat remains a laggard, with domestic challenges offsetting gains in global milling wheat prices. Cattle Markets: Live cattle rallied toward…
Trouble With South American Weather Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1043170861/64d922b285?share=copy Soybeans:Brazil’s heavy rains delay soybean harvest and Safrinha corn planting.Argentina remains dry, creating concerns over soybean meal availability.Soybean prices rally, supported by end-user buying and index fund shorts. Corn:Brazil’s Safrinha corn planting delayed in Mato Grosso due to rain.U.S. corn remains key supply…
