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: 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…

U.S. Corn Futures Trading Outlook: Reasons For Optimism?

MARCH corn futures closed up 4-cents per bushel week-on-week Friday, finishing at $3.56 ½. Corn is trading around 10-cents off contract lows, but there are a few “minor” reasons for optimism (see further below in the trading outlook section). First, let’s review the data and what it means. Weekly Highlights…

U.S. Corn Futures Weekly Outlook: 4 Concerns For Bulls

MARCH corn futures closed DOWN 5-CENTS per bushel week-on-week, finishing at $3.46 ¼.  The price action continues to frustrate corn bulls. Will this grinding, painful price action lead to a durable bottom in the months ahead? Let’s look at the latest data. Weekly Highlights and Takeaways for January 15, 2018:…

2018 U.S. Corn Market Outlook: The Bulls Wish List

With March corn futures continuing to languish well below $4.00 per bushel heading into 2018 and memories of $6.00, $7.00, and even $8.00 per bushel corn from 2012 and 2013 growing more and more faded by the day, Corn Bulls have been left to consider whether or not corn futures…

U.S. Corn Market Outlook: How Much Bad News Is Priced In?

U.S. March corn futures closed down 5 ¼ cents per bushel week on week, finishing at $3.47 ½. Corn bulls are on the ropes as the fundamental backdrop continues to look weak. But how much is already priced in? Let’s discuss what’s happening in the corn market and review the…

Corn Futures Weekly Trading Outlook: Relief Rally

U.S. March corn futures are showing some signs of life… but is this simply a relief bounce from oversold conditions? Prices rose last week, giving bulls some breathing room. But they will need to change the fundamental picture for an rally to have staying power. Let’s discuss what’s happening in…

U.S. Corn Futures Weekly Outlook: Yields Overwhelm Bulls

U.S. December corn futures have been showing weakness for some time now, as supply concerns continue to weigh on traders. Prices dipped again last week, but bulls hope that the market is beginning to fully price in this year’s crop. Let’s discuss what’s happening in the corn market and review…

U.S. Corn Futures Market Outlook: Pricing In A Huge Crop

The price action for U.S. December corn futures has been weak for some time now, likely due to the reality that supply continues to outweigh demand. As the corn market digests this reality, the bulls hope is that the market has fully priced in this year’s crop. Let’s discuss and…