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AG Squawk with Davis Michaelsen | Mike Castle | USDA Math

Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits.

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…

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