Cattle Surge While Grains Purge Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1099765367/a9dc65e8c6?share=copy Cattle Market: Strong rebound off last week’s lows after Mexican feeder cattle imports began July 7 Market reversed initial selloff as the news was already priced in Boxed beef values climbed again; packers profitable despite tight kills Goldman roll helped shift…
The Elephant In the Markets Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1097980237?share=copy Corn: Big crop potential remains the focus with yields estimated at 184 to 189Support held at four dollars with a small bounce into the closeWeakening dollar driving new demand interest especially out of AsiaEuropean corn crops in Ukraine France and Germany…
June 30th Crop Report Preview Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1096707782?share=copy Corn: Market remains lower since Sunday night, erasing last week’s bounce July contract first notice date is Monday; must exit by Friday Corn stocks expected lower year-over-year, matching expectations Monday’s acreage estimate averages 95.35 million acres; if it hits 96, it’s…
What Can Change The Tide? Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1096041249?share=copy Corn Crop ratings 2% below trade expectations Crude oil collapse pulling ethanol and corn lower No current weather threats ahead of July 4 Soybeans Soybean oil sharply lower, back to last week’s lows Biofuel weakness weighing heavily on soybeans Crop ratings…
Cattle Top & Counter Seasonal Wheat Rally Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1094172817?share=copy Wheat: Futures rallied double digits on concerns over Kansas disease-related light test weights Dry weather in France and Eastern Europe impacting wheat’s reproductive phase December wheat nearing neckline breakout with upside potential to $6 Kansas City and Minneapolis wheat…
Post WASDE & Outlook Presented by Heartland Investor Capital Management Inc. CTA https://www.youtube.com/watch?v=xKaQVWx3Vdw Grains: Corn carryout cut 50 million bushels to 1.75 billion, no market reaction.Beans unchanged, but 5 million bushels below trade guess.Wheat exports raised 25 million bushels; no change to yield or production. Markets: US dollar hits lowest since April 2022, down 12%…
June WASDE Preview Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1092239392?share=copy Corn: WASDE report due Thursday at 11 AM, major focus on old crop ending stocks. Guesses range 1.3 to 1.46 billion bushels; author expects 1.325. New crop corn estimates around 1.789 but possibly under 1.8. Corn exports questioned, but usage remains strong via…
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…
