Posts From Marcus Ludtke

Marcus Ludtke
Marcus Ludtke is the Vice President of Sitos Grain and also the Vice President of Commodity Marketing Company Inc. Mr. Ludtke has served as CMC’s head corn trader since 2001.

By 2013, CMC was responsible for overseeing the procurement of more than 500 million bushels of corn, across 7 states, and 27 separate biorefineries.

Over, the past 12 years, Mr. Ludtke has developed an extensive background in the design, execution, and management of futures, options, and derivative-related products in a variety of Ag and Energy Specific commodities including: corn, soybeans, wheat, soybean meal, soybean oil, natural gas and ethanol.
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U.S. Corn Futures Weekly Review & Outlook – May 22

July corn futures moved slightly higher this week, closing up 1 ½-cents per bushel week-on-week, finishing on Friday (5/19) at $3.72 ½. Corn futures battled back impressively on Friday to close higher on the week despite largely negative market forces pressuring prices Monday through Thursday. Weekly Corn Price Drivers: U.S….

U.S. Corn Market Outlook: Looking Past The May WASDE Report

July corn futures moved slightly higher this week, closing up a ¼-cent per bushel week-on-week, finishing on Friday (5/12) at $3.71. Corn futures essentially treaded water with both corn planting progress and the May 2017 WASDE report offering few if any meaningful surprises. Weekly Corn Price Drivers (5/8/17 – 5/12/17)…

U.S. Corn Futures Weekly Outlook: Weather Watch!

July corn futures moved higher this week, closing up 4 ¼-cents per bushel week-on-week, finishing on Friday (5/5) at $3.70 ¾. Corn futures higher weekly close was entirely attributed to Friday’s session, which culminated with a 4 ¼-cents positive close that afternoon. This masked an otherwise disappointing week of price…

U.S. Corn Futures Review & Outlook: Planting Progress Update

July corn futures moved higher this week, closing up 2 ¾-cents per bushel week-on-week, finishing on Friday (4/28) at $3.66 ½. Corn futures higher weekly close was due primarily to concerns regarding U.S. corn planting progress. U.S. CORN PLANTING PROGRESS TAKES CENTER STAGE: With the first week of May quickly…

U.S. Corn Futures Weekly Review & Price Outlook – April 17

May corn futures moved higher this week, closing up 11 ½-cents per bushel week-on-week, finishing on Thursday (4/13) at $3.71. Corn futures managed to build on Monday’s 7 ½-cents higher close throughout the week despite what was initially viewed as a potentially Bearish April WASDE report released on 4/11. APRIL…

U.S. Corn Futures Weekly Outlook: Battling Headwinds

May corn futures moved slightly lower this week, closing down 4 ¾-cents per bushel week-on-week, finishing on Friday (4/7) at $3.59 ½. Corn futures proved unable to distance themselves from the negative pricing overtones of the March 31st Prospective Plantings and Grain Stocks reports. Soybean futures suffered a similar fate…

US Corn Market 2017 Outlook: Prospective Plantings By State

May corn futures moved up sharply on 3/31, resulting in an 8-cents per bushel higher weekly close, finishing on Friday (3/31) at $3.64 ¼. Friday’s close was a big win for Corn Bulls in desperate need of a price positive fundamental trend change, which came in the form of a…

U.S. Corn Futures Weekly Outlook: Waiting On A Rally

May corn futures moved sharply lower this week, closing down 11 ¼-cents per bushel week-on-week, finishing on Friday (3/24) at $3.56 ¼. Friday’s close was the lowest in May corn futures since December 29, 2016… clearly not a good technical sign for Corn Bulls. this drove the Corn ETF (NYSEARCA:CORN)…

U.S. Corn Futures Weekly Outlook: Headwinds Persist

May corn futures moved slightly higher this week, closing up 3 ¼-cents per bushel week-on-week, finishing on Friday (3/17) at $3.67 ½. Friday’s positive close was important for corn bulls with May corn futures under significant selling pressure from March 6th through March 14th, breaking 23-cents per bushel from high-to-low…

Corn Futures Outlook: Weighing Brazil’s Record Production

May corn futures for 2017 moved sharply lower this week, closing down 16 ½-cents per bushel week-on-week, finishing on Friday (3/10) at $3.64 ¼. Friday’s close was disappointing for Corn Bulls with May corn futures unable to hold the 100-day moving average at $3.673. May corn futures had not closed…