While working toward his Agricultural Economics degree at South Dakota State University in 1977, Craig Haugaard decided to divert his student loan money before paying his tuition one semester. He bought a contract of oat futures, pocketed a quick $300, then settled up with SDSU billing. “It was magic,” Haugaard says. “At that stage of my life I didn’t think through the consequences of my actions very well. If it had gone the other way I suppose I would have had to go hat in hand to my folks and tell them that if they wanted me in college they were going to have to pony up some cash.” Investing in agricultural futures at age 20 was more than a shot in the dark for Haugaard. His father owned a futures brokerage firm, where Craig hung out and developed a passion for charting in high school. As a teenager, Craig rented a small farm where he maintained a flock of 225 sheep and half a dozen steers. It was also the home base for a commercial crop spraying business he developed. Futures trading has remained in Craig’s bloodstream ever since. He is Grain Marketing Manager at a large grain cooperative that has elevators in 15 locations, two of which house shuttle loaders capable of loading up to 110 rail cars at a time. The coop has basis traders, a hedge desk, grain accountants, grain originators, and keeps more than 30 trucks moving on a normal day. Haugaard manages it all while writing a daily commodity comments column covering corn, soybeans and wheat future for the coop. He also conducts about 20 marketing seminars a year for farmers looking for new strategies. Craig uses technical indicators (moving averages, stochastic and MACD) within a seasonal trend context to help him enter and exit trades, but fundamentals – which he lives and breathes at his day job – dominate his trading. “I am heavily involved in that world and so can’t help but have my view on a given market colored by the underlying fundamentals,” he says.