Episode Details
Back to EpisodesAG Squawk with Davis Michaelsen | Mike Castle | USDA Math
Description
A surprise USDA yield and stocks update slams corn futures, then the market starts looking past the headline and back toward demand, exports, and what fund positioning does next. We also connect grain price risk to fertilizer and fuel uncertainty, and we lay out a practical way to protect margins by treating inputs and outputs as one decision.
• corn reaction to the USDA report and why the first move can be exaggerated by fund selling
• the psychological impact of stocks-to-use levels and what “heavier” balance sheets mean into harvest
• export inspections vs export sales and why a price break can unlock pent-up global demand
• key corn demand watchpoints including Mexico and Spain plus EU supply issues
• biofuels as a structural demand driver for corn, ethanol, and soybean oil
• soybean outlook shaped by Brazil weather, Chinese buying, and global oilseed competition
• soybean meal strength tied to slow harvest, crush capacity constraints, and tight near-term supply
• strategy focus on margin opportunities using fertilizer-to-grain ratios rather than perfect market timing
Get in touch with your preferred fertilizer retailer and your preferred diesel fuel retailer ASAP, and just have a conversation
AgBull Audio and Video Links:
Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits.