US Congress passed a deal to temporarily avoid the US from hitting the debt ceiling. The can has been kicked to December
Natural Gas reached our winter price target by the end of September. This will be a volatile market straight through winter and into spring
The September WASDE was fairly neutral for corn, soybeans and wheat as most numbers came in as expected
Natural Gas rallies on lower than inspected injections while the CBOT chops as we head into Sept futures FND
The August WASDE was bullish corn and wheat while mildly bearish soybeans
We are hearing a lot of chatter about the WH and CDC recommending lockdowns starting in the 2nd or 3rd week of August
Macro Markets Crash and bring down energy, grains, and oilseeds
Fed Minutes, Energy, and Grains
The June 30th Acres and Stocks Report is next Wednesday at 11 am central.
This is the kind of volatility you can get when crop stocks are tight and new crop stocks are projected adequate-to-tight. The summer weather volatility can be off the charts. Expect more of the same over the next few weeks. In our latest podcast we go over how to trade, hedge and market in these periods. Make sure you take a listen to this week’s Turner’s Take Podcast!