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Austin Schroeder

Wed, Dec 11th, 2024

Austin Schroeder

Austin Schroeder

Austin grew up in the heart of corn and cattle country in south-central Nebraska, spending summers of his youth working on the family farm. He attended the University of Nebraska-Lincoln, graduating with a B.S in Animal Science, focusing on livestock production. While there he also earned a minor in Agribusiness. After a stint in the feedlot industry, he worked as a commodity analyst for Brugler Marketing & Management LLC, a well-known market analysis firm, under the mentorship of Alan Brugler for 8 years.

He is now the president and owner of Schroeder Commodity Marketing, which provides fundamental and technical analysis of the commodities markets, risk management advice and consulting, training on the use of price risk management tools, and outlook and educational seminars for businesses and individuals involved in the food and agriculture sector worldwide.

Most Recent Stories

Corn Reverses to Close with Mixed Action

Corn futures slipped up into the close running into some technical resistance, with nearbys down ¾ to 2 ½ cents and other contracts up ¼ to 2 ¾ cents. The national average Cash Corn price from cmdtyView...

ZCPAUS.CM : 4.1992 (-0.26%)
ZCZ24 : 435-6 (-0.51%)
ZCZ24 : 435-6 (-0.51%)
ZCH25 : 446-6 (-0.33%)
Soybeans Hold onto Gains at Wednesday’s Close

Soybeans settled the Wednesday session with contracts ¾ to 5 ½ cents higher. CmdtyView’s national front month Cash Bean price was up 1/2 cent at $9.46 1/2. Soymeal futures were down 90 cents to 40...

ZLH25 : 42.32 (-0.91%)
ZMH25 : 299.0 (+0.30%)
ZSPAUS.CM : 9.4633 (+0.04%)
ZSF25 : 994-2 (-0.13%)
ZSX24 : 985-6s (-1.84%)
ZSH25 : 1002-0 (-0.07%)
Cotton Rebounds on Wednesday

Cotton futures closed out the Wednesday session with contracts 18 to 67 points higher. The outside markets are mixed factors, with the US dollar index up 278 points and crude oil $1.77/barrel higher. USDA...

CTH25 : 70.32 (+0.24%)
CTK25 : 71.44 (+0.24%)
CTZ24 : 71.40s (-1.37%)
Cattle Rally as Cash Strength Continues

Live cattle futures continued the rally on Wednesday with gains of $1.125 to $2.40. Early cash action has seen $191 trade reported in KS this week, some $193 sales in NE reported on Wednesday. Wednesday...

LEJ25 : 192.625s (+1.04%)
LEZ24 : 192.250s (+1.26%)
LEG25 : 191.375s (+1.24%)
GFF25 : 259.050s (+0.67%)
GFH25 : 259.375s (+0.75%)
GFJ25 : 260.175s (+0.71%)
Wheat Closes Higher at Midweek

The wheat complex closed the Wednesday session with contracts mostly higher across the three markets. Chicago SRW futures were 1 1/2 to 2 1/2 cents higher across the board. KC HRW contracts were up 1 ½...

KEH25 : 565-4 (-0.31%)
MWZ24 : 582-2s (unch)
KEZ24 : 550-6s (+0.27%)
ZWZ24 : 543-4s (+0.28%)
ZWH25 : 561-4 (-0.31%)
Hogs Slide on Wednesday

Lean hog futures extended the weakness on Wednesday, with contracts down 7 to 70 cents and December up 57 cents ahead of Friday’s expiration. The national average base hog negotiated price was reported...

HEZ24 : 83.500s (+0.69%)
HEG25 : 84.375s (-0.24%)
HEJ25 : 88.250s (-0.73%)
Cattle Rally Continuing at Midweek

Live cattle futures are continuing the rally on Wednesday with gains of $1.15 to $1.45 at midday. Early cash action has seen $191 trade reported in KS this week, with trade still to develop in other parts...

LEJ25 : 192.625s (+1.04%)
LEZ24 : 192.250s (+1.26%)
LEG25 : 191.375s (+1.24%)
GFF25 : 259.050s (+0.67%)
GFH25 : 259.375s (+0.75%)
GFJ25 : 260.175s (+0.71%)
Cotton Bulls Pushing Back on Wednesday

Cotton futures are trading with 60 to 77 point gains on Wednesday. The outside markets are mixed factors, with the US dollar index up 278 points and crude oil $1.45/barrel higher. USDA raised their 24/25...

CTH25 : 70.32 (+0.24%)
CTK25 : 71.44 (+0.24%)
CTZ24 : 71.40s (-1.37%)
Corn Extending Gains as Ethanol Production Bounces

Corn futures are trading with 1 to 2 cent gains so far on Wednesday to extend the strength on Wednesday. Preliminary open interest saw net new buying on Tuesday, up 26,476 contracts. The national average...

ZCPAUS.CM : 4.1992 (-0.26%)
ZCZ24 : 435-6 (-0.51%)
ZCZ24 : 435-6 (-0.51%)
ZCH25 : 446-6 (-0.33%)
Soybeans Bulls Pushing Higher on Wednesday

Soybeans are trading with 4 to 5 cent gains across the nearbys so far on Wednesday. CmdtyView’s national front month Cash Bean price is up 3 1/2 cents at $9.49 1/4. Soymeal futures are up 90 cents/ton...

ZLH25 : 42.32 (-0.91%)
ZMH25 : 299.0 (+0.30%)
ZSPAUS.CM : 9.4633 (+0.04%)
ZSF25 : 994-2 (-0.13%)
ZSX24 : 985-6s (-1.84%)
ZSH25 : 1002-0 (-0.07%)

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2 Large Pizzas or $1 Billion - What would you rather have? In 2010, Laszlo Hanyecz spent 10,000 $BTC on 2 Large Pizzas. Today, that would be worth more than $1 Billion! Laszlo, we thank you for your sacrifice 🫡🤝🍕 https://t.co/1ieXUIUY1U
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Nasdaq hits 20,000 for the first time in history 🚨 Congrats everyone, we did it 🫡🥳🍾 https://t.co/4Xc2HMJOvj
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Fewer than 32% of S&P 500 companies have outperformed the $SPX this year, one of the lowest readings over the last 50 years. In fact, the performance from 2023-24 is almost identical to that of 1998-1999 🚨 Probably Fine https://t.co/djPilHPIBY https://t.co/DyvAQEW1C4
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U.S. Consumers are the most bullish on U.S. Stocks in history 🚨 Probably Fine https://t.co/NXyO7BxYbZ
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BREAKING 🚨: Japan Uh-Oh! Japanese Yen forms a Death Cross ☠️ for the first time since June 2023. The last one sent the Yen plunging by more than 12% over the next year. https://t.co/rn7KuWnsZO https://t.co/xp8rtCorwM
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BREAKING 🚨: Australia The Australian Dollar fell to its lowest value against the U.S. Dollar in more than 13 months https://t.co/21ReixjiUC https://t.co/9C37vO7Sfi
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Think about this for a second - Once MicroStrategy $MSTR is added to the Nasdaq 100, all holders of $QQQ will own Bitcoin $BTC whether they like it or not. Essentially forced into being a crypto investor! https://t.co/1umvDJMGtz
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200D moving average proving to be incredible support for Semiconductor Stocks $SMH - gets a big bounce each time https://t.co/2ozhJVrcV1
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