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
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Turner’s Take Ag Marketing | 2017 Corn Outlook - Turner’s Take Ag Marketing sees 2017 corn prices having a possible range from $2.90 to $4.25 given various supply and demand scenarios, with an end of season target price of $3.95. To find out more about how we determine the range of prices and our 2017 target price, please sign up below for our 2017 Corn Outlook Report from Turner’s Take Ag Marketing.
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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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