Daniels Trading commodity futures broker Craig Turner gives his thoughts on the grain, livestock, and energy markets. Today we talk about the recent rally in corn and why we think both corn and soybeans remain range bound for the near future.  We think cash and spot month futures corn will have a very difficult time getting to $4.00 if Dec 18 is trading at $4.00 or higher.  Dec 18 corn at $4.00 or higher does not lower corn acres next year at all.  We also talk about hogs, cattle, and the crude oil market.  While the podcast does not have specific actionable trading recommendations, we do publish them in Turner’s Take Market Alert for spec traders and Turner’s Take Ag Marketing for hedgers.  Want to know what to look for in the commodity futures markets?  Take a listen to Turner’s Take podcast!

 

 

Craig Turner – Commodity Futures Broker

Turner’s Take Ag Marketing http://www.turnerstakeag.com

Turner’s Take Futures Spreads http://www.turnerstake.com

312-706-7610

Twitter: @Turners_Take

 

 

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Turner’s Take was created to give traders and investors a window into the elusive world of LaSalle and Wall Street. My experiences at the NYSE, Goldman Sachs, NYU Stern and Daniels Trading have produced invaluable knowledge and contacts in our most vital capital markets. This wealth of experience and insight has proven to be a critical educational and investment vehicle for my clients and subscribers.

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