Articles tagged under: Mike Zuzolo
Traders Take Profits Going Into Holiday
Published January 15, 2021
Traders are unwinding spreads and taking profits going into the three-day MLK holiday with the markets closed Monday. Global Commodity Analytics and Consulting President Mike Zuzolo thinks traders will begin to focus on the U.S. economy. "We're past the USDA…Higher Corn Prices Highlight Concerns for Argentina’s Crop
Published January 4, 2021
Last week’s spike in the corn market shows traders are concerned about the Argentina’s corn crop. "There's news about Argentina not allowing corn exports until at least March 1 and they may have to go beyond that time period, depending…Weak Dollar Spurs Demand
Published December 18, 2020
Global Commodity Analytics and Consulting President Mike Zuzolo thinks the weak dollar is spurring demand. "For weekly export sales, wheat was five percent above the four week average, corn was 40 percent above the four week average, sorghum above average…A Wheat Story Shines Through the December USDA Report
Published December 11, 2020
Global Commodity Analytics and Consulting President Mike Zuzolo says this past week's USDA report offered positive news for wheat. "The wheat number came in very strong. USDA took world ending stocks below their lowest trade guess and they didn't cut…South American Weather Captures Trader’s Attention
Published November 13, 2020
Global Commodity Analytics and Consulting President Mike Zuzolo thinks South American weather has the attention of traders. "The trade is thinking they've rationed demand enough at this stage. The charts, technicals and algorithmic trading have taken over at this stage.…Traders Monitoring China Demand for U.S. Products
Published November 9, 2020
Global Commodity Analytics and Consulting President Mike Zuzolo says currency valuation will play a big role in how much Chinese demand is seen going forward. "China took a pretty big hit on their currency going into the election. Their buying…Now is the Time to Lock In Profits
Published October 2, 2020
As prices go higher for corn and soybeans, Global Commodity Analytics and Consulting President Mike Zuzolo advises farmers to lock in profits if you have them. "The profit per acre mindset has to be really at the top of your…A Slight Surprise for Soybeans in Friday’s Report
Published September 14, 2020
Global Commodity Analytics and Consulting President Mike Zuzolo says the surprise in the September USDA report was in the soybeans. "Both the U.S. and world soybean ending stocks numbers came in at or much below trade estimates. It's really important…The Grain Markets Find Demand
Published July 31, 2020
Global Commodity Analytics and Consulting President Mike Zuzolo thinks the grains found demand, but it will take some time for that to work through the market. Technicals continue to control the market. "The charts, momentum and sentiment are in control,"…