With corn export commitments to date only being exceeded once in the last 25 years (and barely), the USDA should be increasing its export estimate again on Friday.
Mitch Miller
DTN Contributing Canadian Grains Analyst
Mitch Miller has joined the DTN team as the DTN Contributing Canadian Grains Analyst following a long career in the grain and oilseed sector in south-central Manitoba, Canada. He jokes that he has been a primary producer for almost 40 years by necessity but a market analyst and strategist throughout that by passion.
A bachelor's degree in ag economics from the University of Manitoba initiated a lifelong focus on all things management and marketing. Although the decision was made to downsize the farm significantly in 2019, he proudly claims to still have enough acres to seed and cows to feed to remain grounded.
Too young to quit being productive, he hopes to share some of his experience and insight with readers to help with one of the most challenging tasks on the farm -- marketing the production successfully. A six-year span as a commodity broker and a lifelong career involved in the cash market should provide a unique balance from which to draw.
In an attempt to be transparent, he explains his approach to market analysis. Looking for clues from fundamental analysis, technical analysis and from the market participants themselves through the Commitment of Trader reports, a theory on price direction is developed. The more clues supporting the theory, the more confidence in it. That in turn influences the development of a successful marketing strategy. Through this role, he hopes to be able to share those clues as they are identified on an ongoing basis.Recent Blogs by Author
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The price you pay for record-high values is the anxiety and volatility that inevitably goes with them. That is one situation where technical analysis helps. With the past outlook being so...
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