Grains Digest Crop Estimates
Presented by Heartland Investor Capital Management Inc. CTA
Corn Market:
Estimated 94.4 million acres; trend yield unlikely.
Market fears large carry-out despite demand adjustments.
Russian-Ukrainian peace deal speculation pressures prices.
U.S. remains cheapest corn supplier through May.
Wheat Market:
Key growing areas face below-normal precipitation.
Rumors of a Russian peace deal weigh on prices.
Market nearing potential technical support levels.
Soybean Market:
Acreage estimate at 83.8 million acres impacts supply.
November beans holding key $10 support level.
Weather risk in August could drive volatility.
Cattle Market:
Seasonal corrections and technical setups drive movement.
June cattle may correct further before a potential rebound.
Cash trade direction remains uncertain.
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.