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…
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…
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…
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…
