Is The Trump Trade a Fools Trade?
Presented by Heartland Investor Capital Management Inc. CTA
Corn:
Exports: 360,000 metric tons of corn sold to Mexico, driving a rally.
Bull spreads performed well in the market.
Corn is 65% harvested, with dry weather supporting progress.
Soybeans:
Soybean exports could rise if China ramps up purchases later this year.
Past experiences with tariffs and government intervention impact strategies.
Beans bottoming out despite predictions of low prices.
Trade Dynamics:
Trump's tariffs from 2018 still affect grain trade, especially with China.
Ongoing trade tensions with China might intensify under new leadership.
Harvest Progress:
Corn and soybeans nearing harvest completion, end users buying aggressively.
Dry weather helping harvest pace in the southern regions.
Cattle:
Live cattle prices nearing resistance at $188-$190 with cash-led gains.
Feeder cattle also showing resistance at 245 levels.
Crude Oil:
Crude market showing chaotic behavior, influenced by elections and geopolitical tensions.
OPEC may increase production, affecting future fuel prices.
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.