Play Turner’s Take Ag Marketing Podcast Episode 356

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US Congress has passed the new debt ceiling limit while also making spending cuts. The market should view this as bullish.  The hot and dry June forecasts are bullish factors for grain and oilseeds.  On the other hand the expansion of new crop ending stocks combined with poor global demand has been bearish.  Yields are determined in June and July so the next six to eight weeks are critical to global grain stocks.  Short term traders will look to play the weather market but in the long term the path of least resistance is lower as commodity markets usually revert back to the mean. Make sure you take a listen to this week’s Turner’s Take Podcast!

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If you are having trouble listening to the podcast, please click here for Turner’s Take Podcast episodes! Craig Turner – Commodity Futures Broker 312-706-7610 cturner@danielstrading.com Turner’s Take Ag Marketing: https://www.turnerstakeag.com Twitter: @Turners_Take Contact Craig Turner

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About Craig Turner

Craig Turner is a Senior Broker at Daniels Trading, author of Turner’s Take newsletter, and a Contributing Editor for Grain Analyst. Craig is often quoted in the Wall Street Journal, Reuters, Dow Jones Newswire, Corn & Soybean Digest, and also makes appearances on SiriusXM – Rural Radio Channel 80 providing commentary for the Grain and Livestock markets. Craig has also been featured in FutureSource’s Fast Break series, Futures Magazine Online, and INO.com. Mr. Turner has a Bachelors from the Rensselaer Polytechnic Institute (RPI) where he graduated with honors and has worked at the NYSE and Goldman Sachs. While at Goldman, Craig earned his MBA in the NYU Stern executive program. Learn more about Craig Turner.