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: Fundamental Story Tested

March corn futures moved lower this week, closing down 7 ¼-cents per bushel week-on-week, finishing on Friday (2/17) at $3.68 ¼. After trading up to a day high and 7-month high of $3.80 per bushel early in Thursday’s session, CH7 abruptly rolled over going into Thursday’s close. That selling carried…

U.S. Corn Futures Weekly Outlook: Is The Rally On?

March corn futures moved higher this week, closing up 9 ¼-cents per bushel week-on-week, finishing Friday (2/10) at $3.75 ½. March corn futures (CH7) closed at its highest level since July 13th, 2016. The big question now:  Can the rally continue? WEEKLY MARKET HIGHLIGHTS U.S. Ethanol Stocks Continue to Climb: In…

US Corn Futures Weekly Outlook: Ethanol Production In Focus

March corn futures moved higher this week, closing up 2 ¾-cents per bushel week-on-week, finishing on Friday (2/3) at $3.65 ¼. CH7 continued to show an inability to close above key price resistance at the 200-day moving average of $3.684, despite challenging that level once again on Thursday. That said…

U.S. Corn Futures Weekly Price Outlook: Brazil In Focus

March corn futures moved lower this week, closing down 7 ¼-cents per bushel week-on-week, finishing on Friday (1/27) at $3.62 ½. CH7 showed an inability to close above key price resistance at the 200-day moving average of $3.693, despite trading above that level Tuesday, and faded as a result Wednesday…

U.S. Corn Futures Price Outlook: Is A Breakout Coming?

March corn futures moved higher this week, closing up 11 ¼-cents per bushel week-on-week, finishing on Friday (1/20) at $3.69 ¾. With the January WASDE report now distinctly in the rearview mirror, the market focus shifted this week to more positive pricing trends for both U.S. corn demand and potentially…

US Corn Weekly Price Outlook & Review – January 15

March corn futures moved slightly higher this week, closing up a ½-cent per bushel week-on-week, finishing on Friday (1/13) at $3.58 ½. The market focus all week was on the USDA’s January 12th WASDE report, which contained not only the U.S. and World supply and demand revisions from December, but…

US Corn Weekly Price Outlook: Hurdles Remain

March corn futures moved slightly higher this week, closing up 6-cents per bushel week-on-week, finishing on Friday (1/6) at $3.58. Despite the higher weekly price action, Friday’s 3 ¼-cent lower close was yet another indication CH7 still has strong overhead, technical resistance in the $3.64 to $3.69 per bushel ranges….

US Corn Futures Weekly Outlook: Seasonality In Focus

March corn futures drifted lower this week, closing down 9 ½-cents per bushel week-on-week, finishing on Friday (12/23) at $3.46 ¾. Corn specific market / news headlines remain relatively non-eventful, which isn’t atypical for last half December. Therefore I thought it would be good research project to look into corn futures…

U.S. Corn Futures Weekly Price Outlook – December 19

March corn futures traded in a tight range last week posting a weekly high of $3.64 ¾ per bushel, which was slightly above the prior week’s high of $3.64 on 12/6. However the market once again failed at that level, closing well below $3.60 Friday afternoon. Let’s review the highlights…

US Corn Futures Weekly Outlook: Is A Bottom Forming?

Inside the March corn futures rally: The corn market enjoyed a sharply higher trading prices early last week as momentum pushed March Corn Futures (CH7) up as high of $3.64 per bushel (its highest level since 11/8) on Tuesday. Corn prices would eventually give back some of those gains through Friday’s close,…