Market Quick Take

  • Market Quick Take

    Will Russia and Ukraine Get Worse Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1031290416/1724536917?share=copy CornPrice Resistance: December corn faces resistance at $4.30, with likely buying interest around $4.25-4.26.Technical Support: March corn encounters 64-day moving average resistance, with support a penny or two below current close.Seasonal Patterns: Exports typically support corn prices through April; U.S….

  • Market Quick Take

    US Dollar Dominates Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1029792364/dfe87124b9?share=copy US Dollar Impact Surge in Value: Reached 106.99, near last year’s high, impacting commodity prices negatively.Historical Trend: October often marks market inflection points; potential for current dollar peak.Commodity Impact: Strong dollar challenges gold, soybeans, and other commodities, stalling rallies. SoybeansBearish Momentum: Falling below…

  • Market Quick Take

    Trump Traders At It Again Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1028983558/87bdbd0106?share=copy Corn November crop production data reduced corn yield estimates from August projections.Corn saw a minor pullback after recent gains, indicating possible stability.Technical indicators suggest upward momentum, especially with wave dynamics at play.Watch for potential ethanol news influencing corn’s trend. Soybeans Soybeans…

  • Market Quick Take

    Negative Trump Trade is Dead Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1027434924/7acc371ae5?share=copy Soybeans Price Surge: 20-cent gain today, following yesterday’s 25-cent recovery.China’s Interest: Anticipated Chinese soybean purchases could accelerate by year-end.Bullish Scenario: A potential rally to $12, especially if South American weather impacts crop yields.Market Resistance: Bean oil surge fuels soy prices; further…

  • Market Quick Take

    WASDE Preview & Grain Outlook Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1026650319/5ef78d717b?share=copy Soybeans: Struggled to stay above $10 but managed to close above this key level.Pressured by global supply factors and recent U.S. elections.Potential upward trend if prices stay above 1008-1009 level. Crop Production and WASDE Report Prep (Nov. 10): Corn yield expected…

  • Market Quick Take

    Crude Oil Fining a Bounce Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1025232834/c6db75807d?share=copy Corn & Soybean Harvest: Late-stage harvest, pushing through before upcoming rains.Drought affects 81% of corn crops; conditions compared to 2012 levels.Lower yields observed as harvest progresses; soybeans at 12% moisture upon return. Export Sales: Corn sales up 41% from last year,…

  • Market Quick Take

    Cattle are waving red flags! Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1024485960/12c84f6793?share=copy Cattle FuturesBearish Indicators: Today’s close marked an outside day down, indicating potential trouble ahead.Historical Patterns: Previous major sell-offs began similarly, signaling caution.Market Movements: Live cattle closed near lows, with Tyson’s bids hinting at volatility. SoybeansHarvest Impact: Soybean prices are declining as…

  • Market Quick Take

    Grains Due For A Stall Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1023268246/e3c38cf686?share=copy Corn: Prices neared resistance at 422-423 with steady upward momentum.Exceeded average export expectations; demand from Japan and other buyers provided support.Further price gains could face resistance at the 144-day and 200-day moving averages. Soybeans: November soybeans hit the 100-day moving average…

  • Market Quick Take

    Is The Trump Trade a Fools Trade? Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1022262463/9a5fc81a07?share=copy Corn: Exports: 360,000 metric tons of corn sold to Mexico, driving a rally.Bull spreads performed well in the market.Corn is 65% harvested, with dry weather supporting progress. Soybeans: Soybean exports could rise if China ramps up purchases later this…

  • Market Quick Take

    Lunatic Reversals Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1020721475/4fb2f68439?share=copy Grain Markets: Grain prices dropped on deflated demand outlook due to lack of action from Chinese financial authorities.Strong buying emerged as corn dipped below $4, driving a price reversal.Soybeans showed bull spreading, suggesting underlying strength rather than an overly bearish market. Livestock Markets: Cattle…