US Congress passed a deal to temporarily avoid the US from hitting the debt ceiling. The can has been kicked to December

Turner's Take

Turner’s Take Podcast | Debt Ceiling Can 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

Turner’s Take Podcast | Well, That Escalated Quickly

The September WASDE was fairly neutral for corn, soybeans and wheat as most numbers came in as expected

Turner’s Take Podcast | Sept WASDE Neutral

Natural Gas rallies on lower than inspected injections while the CBOT chops as we head into Sept futures FND

Turner’s Take Podcast | Natural Gas Rallies and Grains Chop

The August WASDE was bullish corn and wheat while mildly bearish soybeans

Turner’s Take Podcast | August WASDE Bullish Corn & Wheat

We are hearing a lot of chatter about the WH and CDC recommending lockdowns starting in the 2nd or 3rd week of August

Turner’s Take Podcast | US Lockdowns Coming?

Macro Markets Crash and bring down energy, grains, and oilseeds

Turner’s Take Podcast | Macro Market Meltdown

Turner’s Take Podcast | Fed Minutes, Energy, and Grains

The June 30th Acres and Stocks Report is next Wednesday at 11 am central.

Turner’s Take Podcast | Acres and Stocks Report Next Week

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! 

Turner’s Take Podcast | Extreme Volatility

It is June. Old crop stocks are tight. The weather is hot and dry and we have a weather market

Turner’s Take Podcast | Weather Market

Soybeans are tight. Corn can go either way. Traders might as well hurry up and wait until a weather market develops

Turner’s Take Podcast | Hurry Up and Wait

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 Podcast | May WASDE Preview

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.

Turner’s Take Podcast | Range Bound Trading Ahead

Corn and soybean oil closed limit up on soaring cash values

Turner’s Take Podcast | CBOT Rips Higher

Daniels Trading futures brokers discuss the commodity markets from a fundamental, technical, and seasonal perspective. Turner’s Take podcast is hosted by Craig Turner, commodity broker with Daniels Trading and author of Turner’s Take newsletter.

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