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Turner's Take Newsletter and Podcast

Turner's Take Newsletter & Podcast is a weekly market commentary newsletter that covers all the major futures markets with a focus on futures spread trading in the Grains, Livestock and Energy sectors. The weekly issue is free for anyone who wishes to receive it. We will cover macroeconomic influences affecting the futures markets as well as in-depth market analysis for many of major commodity markets.

Turner's Take Market Alert uses a combination of fundamental, technical and seasonal analysis to present market ideas and trading recommendations. Turner’s Take Market Alert is only complimentary for Daniels Trading clients with open and funded accounts.

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Turner’s Take

Turner’s Take Podcast | May WASDE Preview

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The USDA will release their May WASDE on Wednesday the 12th at 11am central.  The May WASDE tends to be a big report because this is the first time the USDA includes new crop supply and demand tables for new crop.  We go over the industry analyst estimates, what that means for prices, and where we could see some surprises.  The spec trade is very long, prices are high, and we have a long way to go before this new crop is made. 

Turner’s Take

Turner’s Take Podcast | Range Bound Trading Ahead

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US farmers will most likely plant a majority of their corn and soybeans over the next three weeks.  The May 12th WASDE will report new crop supply and demand numbers for the first time this year.  Domestic old crop stocks are tight but the US is overpriced on the global export market. This all points to a big choppy trading range for the next few weeks and we have some idea on how to trade it.