Market Quick Take

  • Market Quick Take

    Have Grains Decoupled From Crude? Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1202248198 Corn: Support continues to hold near 439-441. Trade is focused on the June 30 acreage report. A reduction of 1 million acres could tighten carryout significantly. December corn could recover toward the 470-480 range. China demand headlines remain a major wildcard….

  • Market Quick Take

    Has The Falling Knife Hit The Chopping Block? Presented by Heartland Investor Capital Management Inc. CTAhttps://vimeo.com/1201908718 Corn: Support held near 440 on a closing basis. Long-term support from the 2024 range remains intact. Resistance is seen near 460 initially. A friendly June 30 acreage report could open a move toward 470-480. Weather during pollination remains…

  • Market Quick Take

    Post WASDE Fallout Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1200563883 Grains: WASDE largely a non-event for grains Most adjustments already priced in pre-report Wheat the only mildly friendly component Corn and beans both traded defensive into release Positioning and flow dominated price action No major USDA surprise factor today Corn: July futures printed…

  • Market Quick Take

    Post WASDE Fallout Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1200563883 Grains: WASDE largely a non-event for grains Most adjustments already priced in pre-report Wheat the only mildly friendly component Corn and beans both traded defensive into release Positioning and flow dominated price action No major USDA surprise factor today Corn: July futures printed…

  • Market Quick Take

    Has The Falling Knife Hit The Chopping Block? Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1199880647 Grains: Grain futures traded a volatile session Tuesday as traders positioned ahead of Thursday’s USDA WASDE report. Corn and wheat managed early strength before fading into the close, while soybeans posted an inside day and avoided making new…

  • Market Quick Take

    The Wild & Wooly Grains & Cattle Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1198537188 Corn: Heavy fund liquidation continues to pressure prices. July corn tested major support near previous October and January lows. December corn is approaching strong support in the 440 area. Export demand remains exceptionally strong. Potential weather scares and Chinese…

  • Market Quick Take

    Can A First Of The Month Low Hit? Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1197832714 SoybeansPrice action fell back into the middle of the recent multi week trading rangeJuly beans posted the weakest close since the March breakdown periodTrade expectations around Chinese demand remain unmet with limited new purchasesSupport sits near key moving…

  • Market Quick Take

    A Little Dryness Showing Up Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1196448957 Soybeans: November soybeans have rallied roughly 50 cents since early March despite crude oil weakness. Fund rolling from July into November contracts continues supporting new crop beans. Rumors China may reduce soybean tariffs are helping support prices. Bean acreage ideas and…

  • Market Quick Take

    Markets Caught Between Oil and Rain Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1195748836 Grains and Crude Oil: Crude oil briefly broke under $90 before recovering most losses, helping stabilize grain markets. Iran uncertainty continues supporting energy prices and limiting pressure on corn and soybeans. Soybeans avoided larger losses despite outside market weakness. South…

  • Market Quick Take

    Grain and Cattle Wreck? Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1194504335 Crude Oil and Iran: Crude oil whipsawed on Iran headlines, rallying above $102 before collapsing $5 to $6 after talk of a possible proposal framework. President Donald Trump later supported prices again by reiterating the U.S. would ultimately secure or destroy Iran’s…