Daniels Trading commodity futures broker Craig Turner gives his thoughts on the grain, livestock, and energy markets. The September WASDE report was bearish for corn and soybeans while neutral for wheat. The rally into the close may signal the managed money shorts are ready to cover their positions but that remains to be seen. The big surprise was probably soybean yield going .5 higher based on better than expected pod weights. 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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