Corn Comes Alive Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1147817234 Live CattleCash disappointed near 228 in Nebraska versus earlier hopesBoard stalled near the gap with Fibonacci resistance226 support held on the 75 day averageFailure below 226 risks a slide toward 222Seasonally difficult window to be short cattle Feeder CattleEarly losses recovered to hold…
Grain Washout Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1147109632 WheatChina reportedly washed out Gulf soft red winter wheat purchases from late NovemberChicago wheat made a new contract low but did not close at the lowTechnicals show a possible wave two washout near a 786 retracementFailure above the 200 day moving average accelerated liquidationWednesday…
Don’t Poke The Bear Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1145749134 Corn: Closed firm with strong finish.Wave three triggers above 452 and a quarter with targets toward 466 to 470.Weekly trend remains higher since early October.January USDA report could lower yields and raise demand.Dollar weakness adds tailwind. Soybeans: January beans still vulnerable to…
WASDE Fallout Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1145009993 Soybeans:Carryout unchanged at 290 versus expectations for an increaseSouth American rainfall dominates trade directionMarket targeting the 1085 support zoneWave 4 low likely forming before potential new year strengthBean oil and meal still correcting and pressuring the complex Wheat:Domestic and global numbers unchanged to higherLarge…
Guns A’ Blazing Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1142584043 Corn: Risk premium added after renewed Russia Ukraine tensionHit resistance at 452.25Seasonal buy signal active for March cornTargets 466 to 470 on next leg higher Soybeans: Stalled at 1141 areaPullback toward 1090 possible before next pushOil strong, meal correctiveUpside catalysts remain January report…
To Catch A Falling Knife Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1140555576 Cattle:Possible low watermark formed today ahead of ThanksgivingLive cattle holding major trendline and Fibonacci support near 205Feeder cattle rebounding after limit downMexican border risk still the main obstacleSeasonal lows often arrive by Pearl Harbor Day Corn:Export inspections running hot near 50…
Bargain-Bin Grains Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1139075321 Corn:Solid export sales, friendly fundamentals ignoredWave two decline likely near 432 to 437 supportSeasonal Thanksgiving week rally potentialMajor support zone aligning with last year’s pattern Soybeans:Wave three peak set at 1169 and a halfWave four correction targeting 1114 then possibly 1098 to 1085China still…
Grains Continue Their Advance Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1138252214 Corn:Market structure supports continued strengthMulti-layered wave counts align toward 468 to 470Support held on last pullback, confirming trendPotential Chinese demand or January revisions could fuel move Soybeans:Chinese buying drives new fall highsWave count targets 1191 to 1200 aheadExpect fourth-wave pullback before January…
Crop report preview for Friday The grain trade experienced a mixed start to the week, with initial pressure leading to lower prices in wheat, soybeans, and corn. However, buying interest in corn and recoveries in wheat and soybeans led to a positive turnaround. The market anticipates lower yields for corn and soybeans in the upcoming…
Cattle kicks higher, Grains hold the line Cattle rebound sharply but face resistance amid Brazil tariff uncertainty, soybeans eye higher highs, corn stabilizes ahead of USDA, wheat reverses cycle low, crude oil rebounds toward $63 resistance. Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1135883559 Macro Market Recap Cattle:Feeder cattle surged early but closed weak…
