Market Quick Take

  • 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…

  • Market Quick Take

    WASDE Preview and Weekend Thoughts Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1082655981?share=copy Corn: Made new spring lows before bouncing into the closeFailed to close unchanged; no key reversaWASDE may peg yield at 181 bpa with 2B+ carryoutStrong export sales at 1.66 MMT; Mexico continues buying amid droughtMarket sentiment overly bearish; surprise rally possible…

  • Market Quick Take

    Possible Counter-Seasonal Wheat Rally Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1081945448?share=copy Wheat: China’s Henan province, responsible for over 25% of national wheat, is under heat stress, including irrigated areas. Little rain is forecast through May 20. Potential for China to return to the world wheat market if crop losses worsen, possibly buying from…

  • Market Quick Take

    May Day In The Cattle? Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1080637529?share=copy Live Cattle Market opened higher but reversed, closing lower despite strong cash trade reports up to $224.June contract reflects Texas pricing; market skeptical of Northern highs.Outside-day down pattern from April 30 signals possible trend exhaustion. Feeder Cattle Almost formed outside-day down;…

  • Market Quick Take

    First Notice Day Washout Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1079944395/487646ac05?share=copy Corn Market fell sharply despite 120,000 MT sale to Spain.Planting progress near 25% pressured old crop premiums.Safrinha crop receiving moisture, further dampening old crop urgency.December corn nearing 78% retracement; support near $4.60.Summer rally now hinges on heat/dryness threats to yield. Soybeans 110,000…

  • Market Quick Take

    Beans Breakout Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1078439740?share=copy Corn: Export sales remain strong; USDA may be underestimating by ~100 million bushels.Carryout could tighten to 1.3 billion, driving summer volatility.Wave 4 technical correction complete; setting up for potential Wave 5 rally.Resistance around 470 on December corn if weather adds fuel. Soybeans: Likely export…

  • Market Quick Take

    Can Wheat Rally? Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1077723991?share=copy Corn: Lower on planting progress (12%) and 96 million acre talk triggering two-day correctionMarket near Wave 4 low around 479–480; rebound likely post-options expiry FridayFocus remains on old crop demand and stocks rather than acreage expansion Soybeans: Higher on U.S.–China tariff talk optimism…

  • Market Quick Take

    Easter Hedger Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1076519022?share=copy Cattle: Cattle on Feed report near expectations at 98.2%; placements slightly above estimates may pressure feeders. Cash trade active at $210–$212; April contract aligns with cash. June cattle nearing 207 resistance; technicals suggest wave 2 correction likely. Long-term outlook remains bullish with wave 3…