Their Guess, and Then There’s My Guess Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1177454158 Corn: Old crop stocks above last year near 9 billion bushels, not a surprise Market focused on acreage report with potential for higher than expected planted acres New crop targeting 510 with sales expected between 510 and 525 Fertilizer…
Grinding Gears Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1177058714 Wheat:No meaningful rain through early April driving drought concernsWestern Kansas dryness worsening with freeze-dry conditionsOutside day higher suggests bullish continuationSeasonal window points toward potential peak near April 20Kansas City wheat targeting $7 as potential selling zone Corn:Outside day higher confirms strong technical recoveryWave structure…
Grinding Gears Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1176691228 Corn Attempted rally throughout session following wheat strength Inside day keeps short term direction neutral Acreage and quarterly stocks report next week driving expectations Fertilizer shortages may shift acres away from corn Bullish bias remains into report Soybeans Struggled all session with weak technical…
Look At That Soybean Meal Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1175289477 Wheat Volatile trade driven by conflicting forecasts Dryness still dominant concern in western Kansas Freeze damage followed by extreme heat adds stress Market posts strongest close since last year Seasonal high window targeted mid April to early May Corn Best close…
Oops!… Wheat Did It Again Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1174899167 Wheat Sharp reversal higher as weather shifts from freeze to extreme heat risk in the Plains. Dry conditions persist across key winter wheat regions, stressing crop recovery. Market likely completed wave four low and now targeting a move toward $7. Second…
They Have and They Will Again Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1174520290 Grains: Corn and wheat continued to struggle following yesterday’s selling pressure while soybeans attempted a modest bounce. Trade sentiment remains negative after comments from President Trump delaying China talks roughly five weeks, though history suggests Chinese demand can quickly return….
Will Grains Correct? Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1173039874 Corn Overnight strength from crude oil pushed corn higher before fading late in the session December corn briefly hit a new high at 4.95 but closed unchanged Market targeting a potential $5.10 objective based on the 35 cent breakout range Producers began small…
Cattle In Trouble Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1172701224 Soybeans Soybeans holding bullish structure after bouncing off support with potential Wave 4 consolidation forming. Market watching possible ABC corrective move before another upside push. Soybean oil leading the rally as prices push into key monthly retracement zone. Biofuel policy expectations including renewable…
It Remains About Oil Volatility Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1172312774 USDA WASDE Report The March WASDE report was largely a non event with very few meaningful changes. Soybean imports increased 5 million bushels while crush increased by the same amount, leaving ending stocks essentially unchanged. Most figures landed within trade expectations,…
When Crude Moves, Everything Moves Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1171919876 Crude Oil Crude oil exploded overnight toward $120 per barrel before retreating sharply after discussion of strategic reserve releases from G7 nations. The market briefly approached key technical retracement levels tied to previous historic highs near $148 in 2008. Late session…
