What Can Change The Tide?
Presented by Heartland Investor Capital Management Inc. CTA
Corn
Crop ratings 2% below trade expectations
Crude oil collapse pulling ethanol and corn lower
No current weather threats ahead of July 4
Soybeans
Soybean oil sharply lower, back to last week’s lows
Biofuel weakness weighing heavily on soybeans
Crop ratings 1% below expectations
Wheat
Spring wheat conditions down 3% from trade ideas
Russian wheat offers lowered $5/metric ton
Futures under pressure from global competition
Macro Drivers
Crude oil down $13–$14 from Sunday night highs
Gold tumbles $80/oz as risk-off sentiment sets in
Equities rally on easing geopolitical fears
Looking Ahead
June 30 stocks and acreage report next Monday
July 9 tariff developments could shift trade tone
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.