Daniels Trading commodity futures broker Craig Turner gives his thoughts on the grain, livestock, and energy markets. The Sept WASDE is 9/12 and we think the USDA will lower production slightly. We think they could reduce HRS Wheat harvested acres and that could be bullish for Minneapolis wheat. Corn, Soybeans, and Cattle look to be range bound going forward and we like price neutral strategies in the near term. We also are looking on ways to play Crude Oil and RBOB Gasoline to the downside and we are mildly bullish on Natural Gas at the right price. 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
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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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