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 Trading Outlook: Bulls Patience Tested

U.S. Corn futures dipped lower early in the week only to recover by week’s end. Corn prices have been stuck in a range between $3.50 and $4.00 for several weeks. The lower end of that range is getting tested… and if it gives way, the 2016 lows could be tested….

U.S. Corn Futures Weekly Outlook: Stocks, Yields In Focus

December corn futures closed UP 1 ½-cents per bushel week-on-week, finishing at $3.56 ¾ on Friday. Corn bulls continue to defend the $3.50 price support area. But they are in need of a script-altering catalyst if prices are to sustain any rally attempt. Fundamentally, the corn market remains mixed. WEEKLY…

U.S. Corn Futures Market Outlook: Bulls Need A Catalyst

Corn Market – Weekly Highlights Below is a list of key happenings in the Corn market and a few fundamental takeaways that traders should be aware of.  Further below is a section focusing on my price outlook for December Corn Futures. Monday’s Weekly Crop Progress report showed the U.S. corn…

U.S. Corn Futures Weekly Outlook: 2016 Deja Vu?

Corn Market – Weekly Highlights Below is a list of key happenings in the Corn market and a few concepts that traders should be aware of.  Further below is a section focusing on my price outlook for December Corn Futures… and why bulls need to start playing defense. Monday’s Weekly…

U.S. Corn Futures Trading Outlook: All Eyes On $3.50

Corn Market – Weekly Highlights Below is a list of key happenings in the Corn market and things that traders should keep their eye on.  Further below is a section dedicated to my price outlook for December Corn Futures… and why bulls need to hold $3.50 into September. Monday’s Weekly…

U.S. Corn Market Outlook: Yields Back On The Radar

U.S. CORN PRODUCTION REPORT SUMMARY AND MARKET REACTION On Thursday August 10, the USDA released its August 2017 Crop Production report and it was not without its share of surprises (and criticisms). The National Agricultural Statistics Service “NASS” offered its first state-by-state yield estimates for the 2017/18 U.S. corn crop….

U.S. Corn Futures Market Outlook: The August Range

December corn futures moved lower this week, closing down 7-cents per bushel week-on-week, finishing on Friday (8/4) at $3.81. Corn futures proved unable to manage a higher weekly close even with Informa and others issuing sizable U.S. corn yield decreases in anticipation of next week’s August Crop Production report. My…

U.S. Corn Futures Weekly Outlook: Bulls and Bears at a Standstill

September corn futures moved slightly lower this week, closing down 5 ½-cents per bushel week-on-week, finishing on Friday (7/28) at $3.74 ¼. Despite another cut to the U.S. corn good-to-excellent rating on Monday afternoon, corn futures and the corn ETF (NYSEARCA:CORN) still couldn’t manage a higher weekly close further frustrating…

U.S. Corn Futures Market Outlook: All Eyes On The Weather

September corn futures moved slightly higher this week, closing up 3 ½-cents per bushel week-on-week, finishing on Friday (7/21) at $3.79 ¾. Despite the higher weekly finish, Friday’s 11 ½-cent lower close provided yet another major price setback for Corn Bulls. Weekly Corn Price Drivers: U.S. Corn Crop Ratings: Monday’s…

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…