Market Quick Take

Wheat Building a Bottom Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1090602967?share=copy Wheat: Bloomberg confirms China’s wheat harvest at 5-year low due to drought; reserves will need replenishing later, likely tightening global balance sheets. USDA reaction expected once mainstream headlines are acknowledged. U.S. harvest delays from persistent rains increasing disease risk, especially in Kansas,…

Another Outside-Day Down in Cattle Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1090220248?share=copy Wheat: Ukraine hit the Kerch Bridge again, trying to disrupt key Russian wheat flow.Wheat bounced 15 cents but faded later in the session.Dec Chicago wheat shows inverse head and shoulders setup.Rust and disease in Southern Plains threaten major yield loss.Kansas wheat…

Counter-Seasonal Rally In Wheat? Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1088864072/c2be6c4b9f?share=copy Trump Tariff Ruling and Market Reaction: The court ruled Trump’s tariffs unworkable, but he’s appealing and may use emergency powers to maintain themGrain markets opened higher on the news but faded throughout the dayWheat showed strength into the close, supporting prior V-bottom…

Things To Worry About Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1088166823/3d904d6c08?share=copy Cattle: False report of screw worm outbreak in Missouri triggered sharp intraday cattle selloff.Feeder cattle fell over $7/cwt; live cattle down $4 before partial recovery.APHIS debunked the story, but markets failed to return to unchanged.Technical setup suggests more downside; wave patterns imply…

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…

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…

Wheat Low Has Anchored Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1086157602?share=copy Wheat: Wheat rally continues amid disease pressure in Kansas and soft wheat areasSevere drought and extreme heat in China’s main wheat belt drawing global attentionChina’s poor crop could reduce global supply and increase demand for imports later in the yearV-bottom formation complete;…

Possible Wheat Bottom & Cattle Top Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1084750239?share=copy Cattle: Continued collapse confirmed by outside day down and gap lowerAugust cattle broke 10-day average, likely targeting 201-202 for supportFeeder cattle under pressure, eyeing 290 range as wave correction unfolds Soybeans: EPA’s RVO plan slashed biofuel demand by 20%, collapsing…

Oops, Cattle Did It Again Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1084389139?share=copy Live Cattle: Outside day down and outside week down signals potential top.Monday gap up on Mexican news quickly reversed, ending in capitulation.Possible causes: insider news leaks, weak consumer demand per Walmart comments.Closed above 10-day moving average; break below confirms bearish shift.Fibonacci…

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…