Market Quick Take

  • Market Quick Take

    Beans Defy Gravity Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1058734747?share=copy Soybeans: Holding strong due to a weaker US dollar and a strengthening Brazilian real.Brazil’s large crop not heavily pressuring US prices; potential Chinese buying supports market.May contract holding above key moving averages suggests further upside potential. Corn: Supported by index fund buying, drought…

  • Market Quick Take

    Corn Clears $5 Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1057983305/a3e12f9c35?share=copy Cattle: Live cattle pullback nearing completion, resistance at 197 for confirmation.Feeder cattle show early signs of turning up, key support at 259-260.Complex market suggests selling calls and puts over directional trades. Corn: Corn hit $5.02, confirming the predicted first-quarter rally.Further upside expected, with…

  • Market Quick Take

    A Deeper Look At Cattle Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1056469143/3338e63533?share=copy Cattle Market Analysis: Live cattle declined sharply, likely ending wave five of a larger wave three.Feeder cattle breaking lower, with support around 189-190 and Fibonacci support near 193.Seasonal pressure expected in summer, with potential recovery into October-December. Feeder Cattle Technical Analysis:…

  • Market Quick Take

    Post Report Cattle, Gold, and Oil Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1055713068/6a1c3d278f?share=copy Crop Report & Grains: USDA’s report left corn and soybean carryout unchanged, missing expected reductions.Corn exports and ethanol use remain strong despite earlier bearish sentiment.Brazil’s planting delays and Argentina’s uncertain crop add to market volatility.Corn broke lower, with key support…

  • Market Quick Take

    What’s Baking In The Grain Markets? Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1054272452/a871f71098?share=copy Grain Trade: Overnight strength in grains reversed early due to China’s WTO threat over tariffs. Wheat rallied 15-16 cents on forecasts of cold weather in Russian winter wheat regions. Market turned higher as Trump’s trade advisor highlighted China’s Phase One…

  • Market Quick Take

    Soybeans Make A New Calendar High Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1053517231/b4437cd054?share=copy Cattle Trade: Sharp initial decline followed by a moderate rebound at the close. Wave analysis suggests a potential bull market correction. Support at 198 range, possible bounce targets around 201.5 to 204. Grain Trade (Soybeans and Corn): Soybeans reached January…

  • Market Quick Take

    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…

  • Market Quick Take

    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…

  • Market Quick Take

    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….

  • Market Quick Take

    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:…