Something's Happening Here
Presented by Heartland Investor Capital Management Inc. CTA
Corn
Strong rebound off early-week lows near 4.10
Harvest roughly 50 percent complete
Basis bids rising as end users chase corn
Resistance near 4.29–4.31 could cap near-term rally
Soybeans
75 percent harvested with tight farmer holding
Lower highs pattern continues under 10.30 resistance
Potential breakout on U.S.–China trade headlines
U.S. beans cheaper than Brazil, boosting late-year demand
Wheat
Following corn’s lead with modest gains
Key resistance at 5.05 (KC) and 5.15 (Chicago)
Outside-day reversal offers short-term support
Crude Oil
Wave three decline continuing toward $54–$50 zone
Extended weakness expected into year-end
Fuel buying window likely early next year
Cattle
Live cattle extend gains to 255–270 zone
Feeders could reach 397–400 before topping
Brazil tariff noise not impacting tone yet
Provided by:
Eugene Graner,
Heartland Investor Capitol Management, Inc., CTA
(A separate entity from Heartland Investor Services)
Past performance is not indicative of future results. The information contained in this report is intended for informational purposes only and is the opinion of the writer and may change at any time. This information was compiled from sources believed to be reliable to Heartland Investor Capital Management, Inc. but accuracy cannot be and is not guaranteed. There is no warranty, expressed or implied, in regards to this information for any particular purpose. There is SIGNIFICANT RISK of LOSS involved in trading futures and / or options on futures and may not be suitable for all investors. Investors should consider these RISKS and evaluate their suitability based on their financial conditions. No one should ever consider trading futures or options on futures with anything other than RISK CAPITAL. NO LIABILITY on the part of the author exists for any trading loss you may incur in the use of this information. The information contained in this newsletter is privileged, confidential and protected from disclosure. Any further disclosure or use, distribution, dissemination or copying of this message or any attachment is strictly prohibited. Provided by Heartland Investor Capital Management, Inc. a registered CTA with the NFA, of which Eugene Graner is principal. This entity is a separate legal entity from the Introducing Broker Heartland Investor Services.