Episodes
In this episode we go over what 25% tariffs on Mexico and Canada could mean for US grain and oilseed prices. We also talk about the Trump Administration's shift to fossil fuels and how that could impact renewable biodiesel and veg oil demand. Craig Turner – Commodity Futures [email protected] (mailto:[email protected])X: @CornWheatSoy (https://twitter.com/CornWheatSoy)
Published 11/27/24
In this episode we go over what a Trump presidency could mean to the markets. We also review the WASDE and go over why it was bullish for soybeans, how we want to position ourselves for corn, and we have some thoughts on wheat and vegetable oil too. Craig Turner – Commodity Futures [email protected] (mailto:[email protected])X: @CornWheatSoy (https://twitter.com/CornWheatSoy)
Published 11/11/24
In this episode we go over the stock market making new highs, why crude oil sold off after Israel attacked Iran, and how the election could impact the Grain & Oilseed markets.Our next webinar is the day after the US Presidential election. We will be going over how to trade S. American weather markets and what the election results will mean for grain and oilseed prices. Please click here to register for our webinar series...
Published 10/28/24
In this episode we go over why the grains and oilseeds may be bottoming and what the new trading ranges are for corn, wheat, soybeans, soybean oil and canola. The podcast can also be viewed on YouTube here.Make sure to check all our products and services at https://www.stonex.com/en/craig-turner/ (https://www.stonex.com/en/craig-turner/)Our next webinar is the day after the US Presidential election. We will be going over how to trade S. American weather markets and what the election results...
Published 09/25/24
In this episode we go over the USDA's September 2024 WASDE and what is means for grains and oilseeds. The podcast can also be viewed on YouTube here (https://youtu.be/KCHrt-CRgBA).Make sure to check all our products and services at https://www.stonex.com/en/craig-turner/ (https://www.stonex.com/en/craig-turner/)Craig Turner – Commodity Futures [email protected] (mailto:[email protected])X: @CornWheatSoy (https://twitter.com/CornWheatSoy)
Published 09/12/24
In this episode we go why we think corn, wheat, and soybeans are forming long term bottoms. The podcast can also be viewed on YouTube here (https://www.youtube.com/watch?v=rABfYiDxdl8).Make sure to check all our products and services at https://www.stonex.com/en/craig-turner/ (https://www.stonex.com/en/craig-turner/)Craig Turner – Commodity Futures [email protected] (mailto:[email protected])X: @CornWheatSoy (https://twitter.com/CornWheatSoy)
Published 09/05/24
In this episode we go over the August WASDE and what it means for prices going forward. We also start to take a look at what to do with old crop, how to market your new crop, and how to get started in for 2025 new crop. If you need help with harvest and storage strategies, or getting started with your 2025 marketing year, then make sure you click on the link below and register for our webinar on August 28th:Harvest and Storage Marketing Strategies for Corn and Soybeans...
Published 08/21/24
In this episode we go over what the markets looks like if corn and soybean yield are above trend. We also go over why we think corn has the most bullish potential in 2025. If you need help with harvest and storage strategies, or getting started with your 2025 marketing year, then make sure you click on the link below and register for our webinar on August 28th:Harvest and Storage Marketing Strategies for Corn and Soybeans...
Published 07/30/24
In this episode we go over the July WASDE. The report was very bearish for wheat. It was bullish for old crop corn and neutral for soybeans. The path of least resistance is still lower for the next six to eight weeks.Also, make sure you click on the link below and register for our webinar on August 28th:Harvest and Storage Marketing Strategies for Corn and Soybeans (https://stonex.cventevents.com/event/GrainsOilseedWebSeries/summary)Craig Turner – Commodity Futures...
Published 07/16/24
In this episode we go over the June 28th Acreage and Quarterly Stocks Report. We are bearish corn and soybeans for the next couple of months but the lows may already have been made in wheat and soybean oilAlso, make sure you click on the link below and register for our webinar on August 28th:Harvest and Storage Marketing Strategies for Corn and Soybeans (https://stonex.cventevents.com/event/GrainsOilseedWebSeries/summary)Craig Turner – Commodity Futures...
Published 07/01/24
In this episode we go over the June 12 WASDE and what is means for corn, wheat and soybeans. We also talk about what to expect in the June Acreage report and the July WASDE. Finally we talk about how low prices can discourage 2025 acres and what it takes to get corn to $6 and soybeans in the teens.Craig Turner – Commodity Futures [email protected] (mailto:[email protected])X: @CornWheatSoy (https://twitter.com/CornWheatSoy)
Published 06/13/24
US and Canada planting weather premiums have come out of the market for corn, wheat, soybeans, and canola. The market is comfortable enough with planting progress to move on to the growing season. The weather does get hotter in the forecast but there is also much improved soil moisture compared to the past few years.Grains and oilseeds are getting to price levels in the US that are starting to be more competitive with S. America and the Black Sea. They say "low prices cure low prices" and the...
Published 06/06/24
In this episode we go over the rally in wheat and what it means for prices in 2024/25. We also talk about the speculation in sub 90mm corn acres and why soybeans are likely just a follower with more downside potential than upside.Craig Turner – Commodity Futures [email protected] (mailto:[email protected])X: @CornWheatSoy (https://twitter.com/CornWheatSoy)
Published 05/20/24
In this episode we share our pre-WASDE thoughts. The May WASDE is the first time we see the USDA's supply and demand estimates for new crop corn, soybeans, and wheatCraig Turner – Commodity Futures [email protected] (mailto:[email protected])X: @CornWheatSoy (https://twitter.com/CornWheatSoy)
Published 05/09/24
In this episode we go over why a Fed cut in 2024 is now unlikely. We talk about the value in Natural Gas and why Crude Oil may be range bound. We then go into why we are neutral/bearish on corn and soybeans, but also why Chicago Wheat has the best bullish story on the CBOT.Make sure to register for our Marketing Corn in a Low-Priced Environment webinar. We will go over how we determine if crops are in tight, adequate, or burdensomely supplied markets. Then we estimate price ranges for old...
Published 04/24/24
Make sure to register for our Marketing Corn in a Low-Priced Environment webinar. We will go over how we determine if crops are in tight, adequate, or burdensomely supplied markets. Then we estimate price ranges for old crop and new crop using stock/usage estimates, seasonality, and technical analysis. Finally we take all of this information and determine what strategies are appropriate for trading, marketing, and hedging based on stock/usage ranges. We will also go into detail the types of...
Published 04/12/24
Tanner Beymer, the Senior Director of Government Affairs for the National Cattlemen's Beef Association (NCBA), joins the show to talk cattle, risk management, and LRP. We take a deep dive into how LRP helps cattlemen manage risk and why everyone should be using it. If you are interested in knowing more about LRP please email [email protected] and we will send you more information.For the free weekly newsletter that has supporting information for the podcast, please check out Grains...
Published 04/01/24
Krista Swanson, the Lead Economist for the National Corn Growers Association (NCGA), joins the show to talk corn demand and policy. We dive into higher ending stocks for 2024/25, the GREET model and what is still being worked out in DC, and potential demand drives for corn/ethanol going forward. If you want to know more about the NCGA, please email Krista Swanson at [email protected] (mailto:[email protected]).ONLINE TRADERS - StoneX has a fantastic online trading solution for both computers...
Published 03/18/24
The WASDE was neutral for corn, soybeans and wheat. Corn seems particularly range bound this year while soybeans and wheat do have better fundamentals for weather rallies. Make sure you listen to the interview at the end of the podcast with Ian Finn & Jake Stagner of the StoneX Commodity Solutions team as they explain how you can make physical sales through StoneX directly and still have control over your basis and delivery location.ONLINE TRADERS - StoneX has a fantastic online trading...
Published 03/11/24
Ian Finn and Jake Stagner of StoneX Commodity Solutions joins us to talk about their enhanced no margin grain marketing programs. Hosted by Craig Turner, we discuss the SCS group's managed bushel Merchants Plus program and their no margin Farmer Direct physical sales program. Farmers can use StoneX to lock in prices on the board and utilize custom products to enhance sales for physical bushels and then choose who they deliver to and when. Farmers keep the basis open and still have control of...
Published 03/07/24
Come see me, Josh Linville, Arlan Suderman, and Mark Gold at the StoneX booth #2013 at Commodity Classic in Houston today and tomorrow!For the free weekly newsletter that has supporting information for the podcast, please check out Grains & Oilseeds with Craig Turner newsletter (https://bit.ly/GrainsOilseedPodcast).Also make sure to follow me on twitter (x) here: @CornWheatSoy (https://twitter.com/CornWheatSoy)Premium Daily Newsletter for Producers: Grains & Oilseeds with Craig Turner...
Published 02/29/24
The Ag Forum has new crop endings stocks for corn, soybeans, and wheat expanding during the 2024/25 marketing year. Corn could be 2.5 billion and 18% stock to usage. Bearish! Soybeans at 87.5mm acres, a 52 yield, and 400 carryout is neutral but prices are still historically elevated. Wheat acres are lower but a higher yield increases ending stocks to around 700mm. Moral of the story is the grain and oilseed markets are transitioning from tight/adequate stocks levels to adequate/burdensome...
Published 02/23/24
The USDA's Feb WASDE was bearish for soybeans and neutral for wheat and corn. The path of least resistance is lower until the funds have a reason to cover shorts. Old crop prices need to fall in order to find demand. New crop prices need to decline in order to reduce acres. The funds are about as short as they've ever been for this time of year. Soybeans are still relatively tight and have the most downside risk of all the major grain and oilseed CBOT markets. For the free weekly newsletter...
Published 02/09/24
Corn, soybeans, and srw wheat all put in bullish key reversals on the charts yesterday. A bullish key reversal is when the market is in a downtrend, the open is lower then the prior days open, the low is the lower than the prior days low, but then the market closes above the prior day's high.For the free weekly newsletter that has supporting information for the podcast, please check out Grains & Oilseeds with Craig Turner newsletter...
Published 01/31/24