Articles tagged under: Ted Seifried
Zero Room for Error
Published April 1, 2021
USDA delivered a shocker to the marketplace with its Prospective Plantings Report. "Oh boy, we're going to have another year of some very exciting markets," exclaimed Ted Seifried, chief market strategist, Zaner Ag Hedge. Corn acres are estimated at 91.1…U.S. Soybean Shipments Keep Up, Outstanding Corn Shipments Remain
Published February 4, 2021
Strong export sales for corn and soybeans have been a story for the markets. In monitoring shipment follow-through, Zaner Ag Hedge Chief Market Strategist Ted Seifried thinks the soybeans are keeping up well. "We are selling soybeans and shipping them…Soybean Futures Reach $12 Price Level
Published December 17, 2020
The soybean markets hit the $12 level on Thursday. "I haven't seen much news other than lower export sales of soybeans," said Ted Seifried, chief market strategist, Zaner Ag Hedge. "In my opinion, we only have about 150 million bushels…Price Rationing Seen in Soybeans
Published November 6, 2020
Soybean prices topped $11 this past week. Zaner Ag Hedge Chief Market Strategist Ted Seifried said these price levels haven’t been seen in four-and-a-half years. "Psychologically, it is a thing. From the technical perspective, $11 didn't mean a whole lot,…USDA’s Approach on Crop Report a ‘Head Scratcher’
Published September 29, 2020
According to Zaner Ag Hedge Chief Market Strategist Ted Seifried, it’s the way USDA lowered the quarterly stocks that is surprising. "The USDA didn't lower production really from last year. In fact, they did make marginal changes and revised it,…Closely Watching the Corn Markets
Published May 8, 2020
Traders are expecting Tuesday's USDA report to show U.S. corn carryout well over three billion bushels. The planting season is on track to meet USDA’s estimate of 97 million acres planted to corn. "We probably don't need that many acres…Opening the U.S. Economy Could Help Corn and Oil Prices
Published April 17, 2020
Opening the U.S. economy could be a big deal for the corn and oil markets. "Getting people back driving again is huge for ethanol," said Ted Seifried, chief marketing strategist, Zaner Ag Group. "It looks like under guidelines released on…February USDA Report “Underwhelming”
Published February 11, 2020
USDA left U.S. corn stocks unchanged at 1.89 billion bushels in the February Supply and Demand report. Zaner Ag Hedge Group Chief Market Strategist Ted Seifried says USDA did tweak the corn usage number. "They made some changes on the…Analysts Watch for China Demand in February USDA Report
Published February 10, 2020
The USDA will release its February Supply/Demand and crop production reports tomorrow. Analysts like Zaner Ag Hedge Group Chief Market Strategist Ted Seifried want to see how the USDA deals with China’s demand in the report. There are still lots…