Market Quick Take

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…

Market Quick Take

Things To Worry About Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1088166823/3d904d6c08?share=copy Cattle: False report of screw worm outbreak in Missouri triggered sharp intraday cattle selloff.Feeder cattle fell over $7/cwt; live cattle down $4 before partial recovery.APHIS debunked the story, but markets failed to return to unchanged.Technical setup suggests more downside; wave patterns imply…

Market Quick Take

Mild Grain Corrections Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1086885847?share=copy Corn: Corrected slightly but held above key support levelsOld crop exports strong, 100 million bushels above USDA paceMarket bridging gap to Brazilian safrinha harvest in JulyDecember corn near 62% retracement, watching for push to 470Prevent plant and disease pressure building in the Delta…

Market Quick Take

Mild Grain Corrections Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1086885847?share=copy Corn: Corrected slightly but held above key support levelsOld crop exports strong, 100 million bushels above USDA paceMarket bridging gap to Brazilian safrinha harvest in JulyDecember corn near 62% retracement, watching for push to 470Prevent plant and disease pressure building in the Delta…

Market Quick Take

Wheat Low Has Anchored Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1086157602?share=copy Wheat: Wheat rally continues amid disease pressure in Kansas and soft wheat areasSevere drought and extreme heat in China’s main wheat belt drawing global attentionChina’s poor crop could reduce global supply and increase demand for imports later in the yearV-bottom formation complete;…

Market Quick Take

Possible Wheat Bottom & Cattle Top Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1084750239?share=copy Cattle: Continued collapse confirmed by outside day down and gap lowerAugust cattle broke 10-day average, likely targeting 201-202 for supportFeeder cattle under pressure, eyeing 290 range as wave correction unfolds Soybeans: EPA’s RVO plan slashed biofuel demand by 20%, collapsing…

Market Quick Take

Oops, Cattle Did It Again Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1084389139?share=copy Live Cattle: Outside day down and outside week down signals potential top.Monday gap up on Mexican news quickly reversed, ending in capitulation.Possible causes: insider news leaks, weak consumer demand per Walmart comments.Closed above 10-day moving average; break below confirms bearish shift.Fibonacci…

Market Quick Take

Interesting Post WASDE Action Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1084022492?share=copy Corn: Old crop briefly dropped below new crop prices under algorithmic pressure Market retesting lower targets; possible ABC correction into the 420 zone December corn held trendline support; watching 440 level for potential bounce Global demand prospects remain with potential buyers like…

Market Quick Take

WASDE Overview & Grain Prospects Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1083657503?share=copy Corn: Old crop ending stocks declined to 1.43 billion bushels. Potential for further reduction to 1.365 billion if adjustments reflect last year’s crop. Soybeans: Decreased acreage for new crop, increased old crop exports. Tightening stocks could push prices higher with weather…

Market Quick Take

Beans Ready to Break Out? Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1082933310?share=copy Soybeans:November soybeans are congesting near the 200-day moving average (around $10.35), showing resilience after repeated rejections at this level in recent weeks.A Friday close above $10.35 (May 9) would mark a potential breakout, suggesting a technical shift and bullish sentiment.Market speculation…