Corn Continuing Higher, Soybeans Falling
Presented by Heartland Investor Capital Management Inc. CTA
Corn Market Dynamics:
Corn price forecast: Targeting $4.65-$4.69 and potentially reaching $4.85-$5.00 by February.
Current position: Above the 200-day moving average, showing a strong upward trend.
Soybean Market Developments:
Explosive growth in soybean meal prices amid weather concerns in Argentina affecting crop forecasts.
Potential U.S. advantage due to Brazil's economic crisis impacting delivery capabilities.
Impact of Argentine Weather:
Forecast through early January: Rain anticipated but insufficient for long-term growth.
Concerns over operational disruptions during key sales windows in February.
Cattle Market Insights:
Holding at trend line support; potential for upward movement depending on closing prices.
Forecasted cold weather could affect grain availability, impacting beef supply.
Strategic Sales Opportunities:
Suggested sales strategy for corn and soybeans as market conditions evolve.
Encouragement for improved sales outlook amid fluctuating markets and economic indicators.
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.