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Happy New Year!
Happy New Year! Today is the last trading day of the year and it should be relatively quiet. President Trump over the weekend tweeted that the US and China are making “big progress” on trade talks. China says they are willing to meet the US “half way” on the Intellectual Property disputes. We are also waiting on China to buy more ag products from the US. The market expects another 2mm mt of soybean purchases.
We are in the 2nd week of the US government shutdown and no one expects this to get resolved this week. There are not enough congressmen in DC right now to get a deal or a vote done so we are looking at next week at best.
On the podcast today I talk about all the major commodity futures markets and in 2019 I plan to talk more about the stock market, currencies, softs, and metals. The podcast will still focus on grains and livestock, but there is room to talk about some of the other markets too.
Have a great New Year and I’ll be talking with you soon in 2019!
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About Turner’s Take Podcast and Newsletter
If you are having trouble listening to the podcast, please click here for Turner’s Take Podcast episodes!
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: https://www.turnerstakeag.com
Turner’s Take Spec: https://www.turnerstake.com
Twitter: @Turners_Take
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