Shorted the Canadian Dollar futures contract and trailed the stop loss lower this week once to reduce the risk.
Trading Advisories
Turner’s Take Podcast | Inflation, Recession, and Ag Prices
In this podcast we talk about ag prices and how they are impacted by recession, interest rates, and rising inflation.
Turner’s Take Podcast | US In Recession?
US GDP for Q1 was -1.6% and -0.9% in Q2. The technical definition of a recession is two consecutive quarters of negative GDP growth
Turner’s Take Podcast | Is Energy Policy Transitory?
US fuel prices are on the rise and part of it is due to energy policy. If true then this is a supply issue. If policy is written in stone inflation is structural. If policy can change the inflation could be structural
Turner’s Take Podcast | Ag and Energy Markets Rebound
The US may already be in a recession, energy prices are bullish due to declining refinery capacity, and row crops are heading for summer weather markets
Turner’s Take Podcast | Down Goes Grains and Oilseeds
Quarterly stocks came in as expected, soybean acres were a bullish surprise, but that couldn’t stop the selling in corn, wheat, and soybeans
Turner’s Take Ag Markets Podcast | Interest Rate Hikes, Recession Fears, and Summer Weather
The markets sold off this week due to fears of higher interest rates that may cause a recession
Turner’s Take Podcast | Recession Fears Weigh On Markets
Recession Fears Weigh On Markets
Turner’s Take Podcast | June WASDE Neutral
The USDA’s Jun WASDE report was mostly neural for corn, wheat, and soybeans.
Turner’s Take Podcast | Grain and Oilseed Selling Pressure Mounts
Grain & Oilseed Selling Pressure Mounts