Brazil's safrinha corn crop is about to enter its dry season, but so far, corn prices are not showing concern for smaller supplies either in the U.S. or in Brazil.
- Bryce Anderson
- John Baranick
- Alan Brugler
- Joel Burgio
- Jennifer Carrico
- Chris Clayton
- Lori Culler
- Katie Micik Dehlinger
- Brian Ethridge
- Myke Feinman
- David M Fiala
- Mike Fontaine
- Liubov Georges
- Anthony Greder
- Jerry Gulke
- Jerry Hagstrom
- Chris Hill
- Gregg Hillyer
- Greg D Horstmeier
- Duane Howell
- Todd Hultman
- Cliff Jamieson
- Jason Jenkins
- Joel Karlin
- Scott R Kemper
- Mary Kennedy
- Rick Kment
- Elaine Kub
- Urban C Lehner
- Loren Lindler
- Dana Mantini
- Rod Mauszycki
- Dan Miller
- Darren Miller
- Brian L Milne
- Kathy Myers
- Victoria G Myers
- Todd Neeley
- Linda Nellson
- Richard Oswald
- Mike Palmerino
- Jim Patrico
- Susan Payne
- Russ Quinn
- Joel Reichenberger
- Mary Roth
- Kim Ruberti
- Nick Scalise
- Robin Schmahl
- Beth Schweitz
- Philip Shaw
- Elaine Shein
- Pamela Smith
- Richard Smith
- DTN Staff
- ShayLe Stewart
- Lin Tan
- Tara Trenary
- Emily Unglesbee
- Doug Webster
- Teresa Wells
- Matt Wilde
- Scott Williams
- Elizabeth Williams
- Lance Woodbury
- Cheri Zagurski
Todd Hultman
Todd Hultman is a DTN grain market analyst, and has worked in the commodity futures industry since 1985.
Todd began his career as a broker with Delta Futures Group in Omaha, where he relied on DTN's news and market quotes. In 1997, he left the brokerage business with a desire to spend more time researching the futures markets and educating others. The move led to the creation of an online educational resource for futures traders. That same strong interest to research and teach brought a Todd to DTN where he enjoys commenting on the grain markets. Todd is a 1981 graduate of the University of Nebraska at Omaha and has lived in the Omaha area for most of his life.
Recent Blogs by Author
-
-
Just as the new highs in cash soybean prices above $16.47 ultimately lost support in June 2022, the new lows in February 2024 may suffer the same fate.
More From This Author
-
Todd's Take
Input prices and the value of the dollar have changed in the past few years since COVID arrived. A little math may help regain some perspective on new-crop corn prices in 2024.
-
Technically Speaking Blog
Brazil's safrinha corn crop is about to enter its dry season, but so far, corn prices are not showing concern for smaller supplies either in the U.S. or in Brazil.
-
Todd's Take
USDA says Brazil is producing 155.0 million metric tons (mmt) of soybeans in 2023-24 and Brazil's crop agency Conab says production is only 146.5 mmt. Which estimate is right? At this point, does it matter?
-
USDA Reports Preview
What to expect Thursday, April 11, when USDA issues its Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports.
-
Inside the Market
If we ask the typical trader what a bushel of wheat is worth, we're apt to get the curt response, "Whatever the market will bear." If we ask an economist, the answer will vary depending on the theory to which the economist...
-
Todd's Take
Growth in U.S. corn and soybean production since 1990 has behaved so well, we don't always need to follow the traditional steps to estimate crop size.
-
USDA Reports Preview
USDA will issue its annual Prospective Plantings survey and March 1 Grain Stocks report at 11 a.m. CDT on Thursday, a combination that gets attention and has sparked sizeable price moves in prior years.
-
Todd's Take
I didn't expect this, but some on social media seemed upset by Monday's Todd's Take. I respond.
-
Technically Speaking
December 2023 corn bounced up from a low of $4.47 on Nov. 29, 2023, and December 2024 corn bounced up from a low of $4.46 on Feb. 26, 2024. I discuss the possibility of a double-bottom in new-crop corn.
-
Todd's Take
Farmers across the country are receiving pay cuts for restoring a modest surplus of corn. Has anyone stopped to ask if it makes sense?
-
USDA Reports Preview
USDA's March World Agricultural Supply and Demand Estimates (WASDE) report on Friday may adjust some U.S. export estimates and should lower USDA's high production estimates for Brazil's corn...
-
Technically Speaking Blog
Spot soybean oil prices are testing long-term support near 45 cents at a time when the moods for corn, soybean and wheat prices remain bearish. Can the half-off sale in bean oil generate demand a second time?
-
Todd's Take
The U.S. Treasury is about to announce a decision regarding the specifications of fuels eligible to earn a tax credit in the production of sustainable aviation fuel. Friday's announcement could eventually give U.S. corn and soybean...
-
Inside the Market
After harvesting the smallest U.S. soybean crop in four years, it looked like soybean prices would have bullish potential in early 2024. That hope was quickly extinguished in January.
-
Technically Speaking
Spot corn prices experienced a similar sharp drop in 2013 and 2014, giving us a hint of what to look for in 2024.
-
Todd's Take
For the growers of the country's major crops, this was another tough week of declining spot prices and specs likely added to short positions already at record levels. Is that much bearish confidence really justified?
-
USDA Reports Preview
When USDA releases its World Agricultural Supply and Demand Estimates (WASDE) report Thursday, most traders' attention will likely be on South American crop estimates for corn and soybeans.
-
Technically Speaking Blog
July contracts of corn and soybeans are off to a bearish start in 2024 and, although cheap, have yet to find support.
-
Todd's Take
Chicago wheat prices have chopped up and down, largely on Chinese buying rumors, which started in early October, some of which were true. Four months later, prices are up a nickel.
-
Inside the Market
Winter price outlooks are especially bearish when preceded by a record harvest, but anything can happen between a hopeful winter and the realities of markets beginning in May.
-
Todd's Take
Looking ahead in 2023-24, there are both bullish and bearish possibilities for soybean prices. Here in late January, the bearish possibilities are getting more attention.
-
Technically Speaking
The recent drop in U.S. soybean meal prices is one view of a market that looks more bearish worldwide.
- Bryce Anderson
- John Baranick
- Alan Brugler
- Joel Burgio
- Jennifer Carrico
- Chris Clayton
- Lori Culler
- Katie Micik Dehlinger
- Brian Ethridge
- Myke Feinman
- David M Fiala
- Mike Fontaine
- Liubov Georges
- Anthony Greder
- Jerry Gulke
- Jerry Hagstrom
- Chris Hill
- Gregg Hillyer
- Greg D Horstmeier
- Duane Howell
- Todd Hultman
- Cliff Jamieson
- Jason Jenkins
- Joel Karlin
- Scott R Kemper
- Mary Kennedy
- Rick Kment
- Elaine Kub
- Urban C Lehner
- Loren Lindler
- Dana Mantini
- Rod Mauszycki
- Dan Miller
- Darren Miller
- Brian L Milne
- Kathy Myers
- Victoria G Myers
- Todd Neeley
- Linda Nellson
- Richard Oswald
- Mike Palmerino
- Jim Patrico
- Susan Payne
- Russ Quinn
- Joel Reichenberger
- Mary Roth
- Kim Ruberti
- Nick Scalise
- Robin Schmahl
- Beth Schweitz
- Philip Shaw
- Elaine Shein
- Pamela Smith
- Richard Smith
- DTN Staff
- ShayLe Stewart
- Lin Tan
- Tara Trenary
- Emily Unglesbee
- Doug Webster
- Teresa Wells
- Matt Wilde
- Scott Williams
- Elizabeth Williams
- Lance Woodbury
- Cheri Zagurski