Play Turner's Take Ag Marketing Podcast Episode 326

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New Podcast

In this episode we talk about the recession, US layoffs, inflation, and how central banks deal with interest rates.  We also talk about why crude oil and distillates are likely to be higher next year while natural gas could be lower. Finally we finish with our outlooks for grains and oilseeds.  We see grains supportive and oilseeds bearish for the next six months.  When we take a look at 2023 acres we see weakness in grain next year but support for oilseeds.  Make sure you take a listen to this week's Turner's Take podcast!

About Turner's Take Podcast and Newsletter

If you are having trouble listening to the podcast, please click here for Turner's Take Podcast episodes! Craig Turner - Commodity Futures Broker 312-706-7610 [email protected] Turner's Take Ag Marketing: https://www.turnerstakeag.com Twitter: @Turners_Take Contact Craig Turner

Play Turner's Take Ag Marketing Podcast Episode 325

If you are having trouble listening to the podcast, please click here for Turner's Take Podcast episodes!

New Podcast

In this episode we talk about the US recession and how it has kept energy prices lower in the US. We talk about why we think energy prices will be higher in 2023 and what to do about it. We list our reasons on why we are more bearish on oilseeds than grains and make some suggestions for downside price hedging.  Make sure you take a listen to this week's Turner's Take podcast!

About Turner's Take Podcast and Newsletter

If you are having trouble listening to the podcast, please click here for Turner's Take Podcast episodes! Craig Turner - Commodity Futures Broker 312-706-7610 [email protected] Turner's Take Ag Marketing: https://www.turnerstakeag.com Twitter: @Turners_Take Contact Craig Turner

Play Turner's Take Ag Marketing Podcast Episode 324

If you are having trouble listening to the podcast, please click here for Turner's Take Podcast episodes!

New Podcast

In this episode we talk about the US recession, UK inflation, and what that means for energy prices this year and next.  We then talk about the grain markets and how prices will be dictated by the success (or lack of) in the Black Sea export market for the next few months. We end with canola and soybeans and why oilseeds may break hard during N. American harvest.  Make sure you take a listen to this week's Turner's Take podcast!

About Turner's Take Podcast and Newsletter

If you are having trouble listening to the podcast, please click here for Turner's Take Podcast episodes! Craig Turner - Commodity Futures Broker 312-706-7610 [email protected] Turner's Take Ag Marketing: https://www.turnerstakeag.com Twitter: @Turners_Take Contact Craig Turner

Play Turner's Take Ag Marketing Podcast Episode 323

If you are having trouble listening to the podcast, please click here for Turner's Take Podcast episodes!

New Podcast

In this episode we talk about the recession in the US and why it could get worse if companies have to lay off workers during the downturn.  We also talk about the potential for a big canola crop in Canada this year and what that could mean for harvest pressure prices.  We then turn to soybeans and discuss the production issues in the WCB and the likelihood of record soybean acres in S. America.  Finally we turn to the grain markets which hinge on the availability of exports out of the Black Sea this fall.  Make sure you take a listen to this week's Turner's Take podcast!

About Turner's Take Podcast and Newsletter

If you are having trouble listening to the podcast, please click here for Turner's Take Podcast episodes! Craig Turner - Commodity Futures Broker 312-706-7610 [email protected] Turner's Take Ag Marketing: https://www.turnerstakeag.com Twitter: @Turners_Take Contact Craig Turner

Play Turner's Take Ag Marketing Podcast Episode 322

If you are having trouble listening to the podcast, please click here for Turner's Take Podcast episodes!

New Podcast

This week take a look at inflation, interest rates, and the looming recession.  We talk about inflation from a structural perspective and then we dive into two types of transitory inflation.  The conversation then moves to energy and why a recession is more bearish than tight supplies are bullish.  We wrap up the podcast with N. American spring crops and why we think corn, soybeans, canola, and spring wheat are likely to decline between now and mid-September.  Make sure you take a listen to this week's Turner's Take podcast!

About Turner's Take Podcast and Newsletter

If you are having trouble listening to the podcast, please click here for Turner's Take Podcast episodes! Craig Turner - Commodity Futures Broker 312-706-7610 [email protected] Turner's Take Ag Marketing: https://www.turnerstakeag.com Twitter: @Turners_Take Contact Craig Turner

Play Turner's Take Ag Marketing Podcast Episode 321

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New Podcast

In this podcast we start off talking the latest Federal Reserve interest rate hike and if they will raise rates another 75 basis points in September.  We also talk about the US Q2 GDP -0.9% number that came out this morning. That is two negative quarters in a row, which is the technical definition of a recession.  Then we finish with energy and the grain markets.  Crude and Natural Gas should remain elevated.  The US grain markets are in a weather rally.  Canadian crops look very good.  Soybeans will be pod setting and the first half of August looks hot and dry in the WCB . Make sure you take a listen to this week's Turner's Take podcast!

About Turner's Take Podcast and Newsletter

If you are having trouble listening to the podcast, please click here for Turner's Take Podcast episodes! Craig Turner - Commodity Futures Broker 312-706-7610 [email protected] Turner's Take Ag Marketing: https://www.turnerstakeag.com Twitter: @Turners_Take Contact Craig Turner

Play Turner's Take Ag Marketing Podcast Episode 320

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New Podcast

In this podcast we start off talking about Canada raising interest rates by 1% and what it means for when the Fed meets later in July.  We then move on to energy and discuss how much of the price inflation is due to policy and if energy policy can be considered transitory.  Then we end with the grain and oilseed markets and what to look as we head into the tail end of our traditional weather market window. Make sure you take a listen to this week's Turner's Take podcast!

About Turner's Take Podcast and Newsletter

If you are having trouble listening to the podcast, please click here for Turner's Take Podcast episodes! Craig Turner - Commodity Futures Broker 312-706-7610 [email protected] Turner's Take Ag Marketing: https://www.turnerstakeag.com Twitter: @Turners_Take Contact Craig Turner

Play Turner's Take Ag Marketing Podcast Episode 319

If you are having trouble listening to the podcast, please click here for Turner's Take Podcast episodes!

New Podcast

In this podcast we take a look at the Atlanta Fed's GDP Now numbers and determine the US was in recession for the first half of 2022. We then talk about the upcoming FOMC meetings and how the Fed gets to a 3.5% Fed Funds Rate by the end of the year.  In the second half of the podcast we switch to energy and discuss why the real problem in the gasoline, heating oil, and diesel market is refining capacity.  We wrap up talking about the grain and oilseed markets as we head into potential summer weather markets. Make sure you take a listen to this week's Turner's Take podcast!

 

 

About Turner's Take Podcast and Newsletter

If you are having trouble listening to the podcast, please click here for Turner's Take Podcast episodes! Craig Turner - Commodity Futures Broker 312-706-7610 [email protected] Turner's Take Ag Marketing: https://www.turnerstakeag.com Twitter: @Turners_Take Contact Craig Turner

Quarterly stocks came in as expected, soybean acres were a bullish surprise, but that couldn't stop the selling in corn, wheat, and soybeans

The macro markets sold off this week on recession fears. Central banks around the world are getting more aggressive with interest rate hikes. Higher rates will eventually reverse inflation but economic growth may suffer too. Winter wheat harvest is in full swing while weather markets approach for spring planted crops. In this episode we go over the global equity markets, energy, and how we will trade and hedge canola, soybeans, wheat, and corn.