This video examines the different levels of commitment to trading. Listen as our brokers comment on the specifics the different degrees of commitment, and how they help customers in each level.
Watch this video to learn about the core values of Daniels Trading. You will hear from our experienced staff as they discuss the key components to a successful brokerage relationship.
Join Craig Turner of Daniels Trading & Turner’s Take Newsletter on why futures spreads are often the strategy of choice for many experienced Brent crude oil and sugar traders on ICE. Craig explains how futures spreads can reduce systemic risk while allowing the trader to have a more focused, pure trade in the commodity markets.
U.S. grain and soybean futures fell Thursday amid a broad selloff in commodities. Markets were rattled Wednesday and Thursday by fresh signs that the U.S. Federal Reserve is considering pulling back on efforts to support the U.S. economy. On Thursday, the dollar was significantly stronger, while crude oil and equities were lower, leading to pressure… Read more.
For the next five days in the Midwest, the National Weather Service forecasts a quarter-inch to three-quarters of an inch of precipitation in Iowa. Central and northern Illinois will mostly receive one-tenth of an inch. The NWS’s six- to 10-day and eight- to 14-day outlooks are similar, mostly predicting above-average chances of precipitation in the… Read more.
Some traders are also buying corn Thursday on worries about possible planting delays. The Midwest mostly has a cold, wet weather forecast for the next two weeks, and late planting could reduce expected crop yields and lead some farmers to plant soybeans instead of corn. “Usually the farmer always gets it in. If they want… Read more.
The March 28th USDA Stocks & Plantings Report will most likely set the tone for old crop and new crop corn and soybeans for the rest of the year. Join Craig Turner and Drew Wilkins, both Senior Ag Market Consultants at Daniels Ag Services and Contributing Editors at Grain Analyst, for this insightful webinar! THIS… Read more.
Daniels Trading Senior Broker Craig Turner was quoted in the Corn & Soybean Digest article “How Much Will Feeders Pay For Your Corn?” The article reviews price expectations for the 2012/13 and 2013/14 corn crop years and its effect on Feeder Cattle. Drought could keep markets high. But a normal corn production year could drain… Read more.
The USDA will release the August WASDE tomorrow at 7:30 AM CDT. We are expecting cuts in yield and production for Corn and Soybeans. We are also expecting draws on the global wheat supply. While many analysts are expecting the USDA to cut yields, production and stocks in this WASDE report, prices will not… Read more.
The WASDE increased ending stocks to 903 million bushels for 2011-2012 corn, up from 851 previously. The USDA has the July Corn yield at 146.0 and cut demand over 1 billion bushels. It is important to note what the yield is as of July 1 for the USDA. One can make the argument that since… Read more.