Yield forecasts are coming in and they suggest corn and soybeans are both above trend. Corn and soybeans should feel pricing pressure for the rest of August and into September
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.
Turner’s Take Podcast | Corn and Soybean Seasonality
Seasonally corn and soybeans tend to grind lower for the rest of the summer. We expect seasonal lows to occur at the end of August or by mid September
Turner’s Take Podcast | Corn Game Plan
Corn will most likely drift lower between now and the end of August. Seasonally corn tends to rally from Mid Sept through October
Turner’s Take Podcast: COVID Vaccine Progress | Rumors of China Buying US SRW Wheat
The macro markets are rallying on COVID vaccine progress while whear rallies off rumors of China buying US SRW Wheat
Turner’s Take Podcast: Weather Forecast is Cooler and Wetter
We are in a weather market for corn and soybeans. The forecasts are cooler and wetter and that is good for production
Turner’s Take Podcast: Planting and Stocks Report Tomorrow
The June 30 Acreage and Quarterly Stocks report always has the potential for big moves in corn, soybeans, and wheat
Turner’s Take Podcast: Corn and Soybean Spreads
In today’s podcast we go over why the stock market rally is for real and what it means for the macro markets and commodities
Turner’s Take | Fed To Buy Corporate Bonds
The Federal Reserve is ready to buy corporate bonds to help stimulate the economy and provide liquidity to US markets
Basics of Grain Basis Trading: “Long the Basis”
Basis Trading is a strategy used by elevators (and some farmers) looking to take advantage of favorable basis prices by exploiting the difference between the cash and futures. Grain elevators buy and sell grain all year around. When elevators make commitments to buy corn from farmers on the local market, elevators will also sell futures close to the cash delivery date to hedge themselves.