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: Waiting On A Rally

May corn futures moved sharply lower this week, closing down 11 ¼-cents per bushel week-on-week, finishing on Friday (3/24) at $3.56 ¼. Friday’s close was the lowest in May corn futures since December 29, 2016… clearly not a good technical sign for Corn Bulls. this drove the Corn ETF (NYSEARCA:CORN)…

U.S. Corn Futures Weekly Outlook: Headwinds Persist

May corn futures moved slightly higher this week, closing up 3 ¼-cents per bushel week-on-week, finishing on Friday (3/17) at $3.67 ½. Friday’s positive close was important for corn bulls with May corn futures under significant selling pressure from March 6th through March 14th, breaking 23-cents per bushel from high-to-low…

Corn Futures Outlook: Weighing Brazil’s Record Production

May corn futures for 2017 moved sharply lower this week, closing down 16 ½-cents per bushel week-on-week, finishing on Friday (3/10) at $3.64 ¼. Friday’s close was disappointing for Corn Bulls with May corn futures unable to hold the 100-day moving average at $3.673. May corn futures had not closed…

U.S. Corn Futures Weekly Market Outlook – March 5

May corn futures moved higher this week, closing up 10-cents per bushel week-on-week, finishing on Friday (March 3) at $3.80 ¾. On Tuesday, May corn futures took a run at the recent 2017 day high of $3.87 ¼; coming within a penny. However ultimately the buy paper hesitated and corn…

U.S. Corn Futures Weekly Review: 2017 USDA Ag Outlook

March corn futures moved lower last week, closing down 4 ¼-cents per bushel week-on-week, finishing on Friday (2/24) at $3.64. March corn futures are now 16-cents per bushel removed from the prior week’s day high of $3.80 (2/16). Friday’s March Corn futures (CH7) close was below both the 35 and…

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…