USDA Crop Preview & Info
Presented by Heartland Investor Capital Management Inc. CTA
Corn Market:
USDA's March 31 report might show 95+ million acres of corn, largely from fringe states.
Yield trend likely remains at 177-178, but USDA estimates may be overly optimistic.
Dry weather in the western Corn Belt could lead to price volatility.
A sharp drop in prices could be followed by a market rebound.
Soybeans & Wheat:
Soybean acreage could decrease due to a rise in corn planting.
Malaysian palm oil market and changes in Chinese policy impacting soybean oil prices.
Wheat facing acreage shifts, with Kansas City wheat holding relative strength.
Spring wheat acreage could be affected by rising corn acreage in North Dakota.
Cattle Market:
Cattle market showing recovery, but key resistance levels must be monitored.
Feeder cattle market trends could signal whether a correction or continuation occurs.
Tight supply conditions may support higher prices in the near term.
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.