The USA/China trade dispute continues and will weigh heavier on soybeans and lean hogs as we approach the May 22 tariff start date. Corn planting has gone well in the US and the Brazil crop is finally getting some rain. HRW wheat is making new highs and we think HRS wheat may lose acres to soybeans up north. Take a listen to Turner’s Take and hear why we like corn and spring wheat, why we are concerned about soybeans, and what we want to see with hogs, natural gas, and crude oil before we think about trading those markets.
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
Subscribe to Turner’s Take Ag Marketing | 2018 Corn Outlook
Turner’s Take Ag Marketing | 2018 Corn Outlook - Turner’s Take Ag Marketing sees 2018 corn prices having a possible range from $3.15 to $4.50 given various acreage, supply and demand scenarios, with an end of season target price of $3.70. Find out more about how we determine the range of prices, our suggested marketing strategies, and our 2018 target prices.
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