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 Outlook: Hugging The 100 Day MA

JULY corn futures closed down last week. Here’s a look at the week ahead and what I’m watching in the corn market… and how July Corn futures are shaping up. Weekly Highlights & Corn Outlook Monday’s Weekly Crop Progress report showed the U.S. corn crop just 3% planted as of…

U.S. Corn Futures Weekly Outlook: All Is Quiet

Last week, May Corn futures closed down 2 1/4 cents per bushel, finishing at $3.86 1/4. The April WASDE report had few surprises and Corn may be in for some additional consolidation.  Here’s a recap of the WASDE report along with my analysis and short-term forecast. On Tuesday the USDA…

U.S. Corn Futures Weekly Market Outlook: Bulls Dig In

Last week MAY corn futures closed UP ¾-CENTS per bushel week-on-week, finishing at $3.88 ½. It has been a rough ride lately for the corn market as volatility has picked up due to tariffs and trade war rhetoric. But the bulls are hanging in there pretty well. Weekly Highlights and…

U.S. Corn Futures Weekly Outlook: Weighing The Upside

May corn futures closed down 5 1/2-cents per bushel week-on-week, finishing at $3.77 1/4. Let’s review the latest corn news, USDA data, and analysis for the week ahead (March 26). Weekly Highlights & Takeaways This week the focus shifted to the USDA’s upcoming release of its 2018 Prospective Plantings report…

U.S. Corn Futures Market Outlook: Brazil Is The Wild Card

May corn futures closed down 7 3/4-cents per bushel week-on-week, finishing at $3.82 3/4. Let’s review the latest corn news, usda data, and analysis for the week ahead (March 19). Weekly Highlights and Takeaways: 1.  Weekly export sales in corn totaled 98.6 million bushels for the 2017/18 marketing year, which…

U.S. Corn Futures Market Outlook: Assessing The Bull Case

MAY corn futures closed up 5 ¼-cents per bushel week-on-week, finishing at $3.90 ½. The March 2018 WASDE report offered some continued ammunition for Corn Bulls. Let’s review the bullish case… and what might be holding it up. Bullish Takeaways for Corn TRADERS 2017/18 U.S. corn ending stocks were lowered…

U.S. Corn Futures Weekly Outlook: Pullback Odds Rise

May corn futures closed up 10 3/4-cents per bushel week-on-week, finishing at $3.85 1/4. Let’s review the latest corn news, USDA data, and analysis for the week ahead (March 5). Weekly Highlights and Takeaways 1.  The resurgence in U.S. corn export business continued this week with weekly U.S. corn export…

Corn Market Weighs USDA Ag Outlook For 2018

March corn futures closed down 1 1/4-cents per bushel week-on-week, finishing at $3.66 1/4. Let’s review the latest corn news, USDA data, and analysis for the week ahead (February 26). Weekly Highlights and Takeaways: On Thursday and Friday the USDA held its annual Agricultural Outlook Forum in Arlington, Virginia, which…

U.S. Corn Futures Weekly Outlook: Into Price Resistance

March corn futures closed up 5 1/2-cents per bushel week-on-week, finishing at $3.67 ½. Corn bulls will look to extend the near-term rally but overhead price resistance looms (3.69 / 3.75). A strong move above 3.75 could put 4 dollar corn back on the radar. Let’s review the latest news,…

US Corn Weekly Market Outlook: Working Off Excess Supply

March corn futures closed up 5-cents per bushel week-on-week, finishing at $3.61 ½. Corn bulls will look to extend the near-term rally into overhead price resistance (target zones 3.69 / 3.75). Above that, and 4 dollar corn comes into view… but that is still a ways off. Let’s review the…