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 Market Outlook – July 17

September corn futures moved sharply lower this week, closing down 16 ¼-cents per bushel week-on-week, finishing on Friday (7/14) at $3.76 ¼. September corn futures collapsed on Wednesday and Thursday following a combination of equally price negative market forces including a Bearish July 2017 WASDE report, as well as, a…

U.S. Corn Futures Price Outlook: Time To Get Bullish?

September corn futures moved sharply higher this week, closing up 11 ½-cents per bushel week-on-week, finishing on Friday (7/7) at $3.92 ½. September corn futures rallied aggressively for the second consecutive week however failed on Friday to take out the current summer high of $3.99 ¼ established on June 8th….

U.S. Corn Futures Weekly Market Outlook – July 2

September corn futures moved sharply higher last week, closing up 15 ½-cents per bushel week-on-week, finishing the week (6/30) at $3.81. September corn futures rallied aggressively on Friday (closing up 11 ½-cents on 6/30) despite what was largely considered a Bearish June Acreage and Stocks report for corn.  Let’s dig…

U.S. Corn Futures Market Outlook: 3 Things Bulls Need To See

July corn futures moved sharply lower this week, closing down 26 ¼-cents per bushel week-on-week, finishing on Friday (6/23) at $3.57 ¾. July corn futures established a new calendar year day low on Friday afternoon of $3.56 ½, exceeding the previous 2017 day low of $3.60 ¾ on 4/21/17. Weekly…

Corn Futures Market Outlook: Bull vs Bear Tug-Of-War

July corn futures moved slightly lower this week, closing down 3 ¾-cents per bushel week-on-week, finishing on Friday (6/16) at $3.84. Corn futures although closing lower on the week did manage to climb out of a big hole following Monday’s (6/12) down 10 ½-cents per bushel trading session. Weekly Corn…

U.S. Corn Futures Weekly Outlook: Rally On or Bull Trap?

July corn futures moved sharply higher this week, closing up 15-cents per bushel week-on-week, finishing on Friday (6/9) at $3.87 ¾. December corn futures made a new 2017 day high on Thursday, June 8th of $4.09, eclipsing the previous high-water mark of $4.04 from February 28th. Weekly Corn Price Drivers…

U.S. Corn Futures Weekly Update & Price Outlook – May 28

July corn futures moved slightly higher this week, closing up 1 ¾-cents per bushel week-on-week, finishing on Friday (5/26) at $3.74 ¼. Corn futures battled back impressively once again on Friday to close higher on the week; however were unable to close over key resistance at the 100-day moving average…

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…