Corn and Wheat Are Set For Gains
Presented by Heartland Investor Capital Management Inc. CTA
Wheat
Corrected after resistance at moving averages but remains above prior day’s highs.
Pullback could extend to 6766 or 565, aligning with Fibonacci retracement.
Support expected through weekend amid geopolitical tensions and Friday’s options expiration.
Corn
New high on December contract reversed lower, holding 431–434 support.
Bullish outlook for March contracts targeting 460–480 during January-February export season.
Anticipating strong Chinese buying during low-price periods.
Soybeans
Prices broke below support, pressured by weak palm oil, canola, and rapeseed markets.
Next downside targets: 965 and potentially 920 if selling continues.
Delayed R45 biofuel incentives and South American rains weigh on sentiment.
Cattle
February live cattle stalled below 188; USDA placements report suggests 3.5% YOY increase.
Feeder cattle broke higher, targeting 256 amid growing optimism and technical strength.
Hogs
Completed correction and trending higher after reclaiming support above 83.
Continued bullish momentum likely, with USDA hogs and pigs report in December expected to clarify supply trends
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.