Market Talk

Uncertainty is the name of the game right now when it comes to these grain and livestock markets. Weather, headline news risk, black swan events and so much more can be at play right now as planting season wraps up and summer growing season takes center stage. Chad Hart with Iowa State University joins us to share perspective on where the markets are at currently and what he is watching as we enter the month of June and look towards summer. Also, we start the show with a look at Friday's quiet market action with Mike Castle from StoneX in Segment One.

Friday is an overall quiet day in the markets with little fresh news to drive the trade into the weekend. We discuss a few of the headlines, weather risk and more with Mike Castle from StoneX.

On today's Market Talk, Susan Littlefield fills in for Jesse Allen and talks grain and livestock trade with Bryan Doherty from Total Farm Marketing. Also, it is the latest episode of Cattle Chatter with Brad Kooima from KKV Trading.

Grains are quietly higher on Thursday as the trade watches weather and trade talks between the U.S. and China. Meanwhile, what is trending in the fertilizer markets this week? Mike Castle, Senior Fertilizer Analyst at StoneX, joins us for Midday Commentary.

We saw a generally positive tone in the markets on Wednesday as corn, soybeans and cattle led the way. Mike Zuzolo with Global Commodity Analytics joins us to talk global and U.S. weather, charts, fundamentals, cycle highs in cattle and much more. Find more at https://www.globalcommresearch.com.

The grain and livestock trade is mostly higher at midweek with corn, soybeans and cattle showing the most strength. Arlan Suderman, Chief Commodities Economist at StoneX, joins us for our Midday Commentary.

Markets are mixed at midday with a bit of green in the grain and livestock trade. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss the early week trade action for Tuesday, June 3rd, 2025.

Can we actually use logic to make sense of some of these grain and livestock market moves here lately? We discuss that, weather scares in the markets, risk management and much more on today's show. Jacob Burks with AgMarket.net joins us for a conversation on this Tuesday, June 3rd, 2025.

Concern over comments by President Trump in regards to China, more SRE/RVO rumors and maybe some general end of the month fatigue all seemed to weigh on the markets Friday. Soybeans, soybean oil and cattle finished lower with spring wheat and lean hogs the bright spot. Mike Minor with Professional Ag Marketing joins us to discuss the week and month in the grain trade and we take a deep dive into the hog market as well on today's show. Find more online at https://www.professionalagmarketing.com.

As we close out the month of May and the week on Friday, more rumors of small refinery exemptions are seemingly impacting soybeans and soybean oil to the downside. Meanwhile, it is mostly quiet and mixed across the rest of the grain and livestock trade. Arlan Suderman from StoneX joins us to discuss in our Midday Commentary for Friday, May 30th, 2025.

As we near the end of the month, we continue to see the corn market struggling to find any momentum to the upside. Wheat had a solid day higher again led by spring wheat while the cattle futures found some good support. Bryan Doherty with Total Farm Marketing joins us to discuss the trade on today's show. Find more at https://www.totalfarmmarketing.com. Also, it appears the cash cattle trade may be setting a new benchmark for cattle this week as Farm and Ranch Media's Susan Littlefield talks about it with Brad Kooima from Kooima Kooima and Varilek on the latest episode of Cattle Chatter.

A choppy day in the grain markets with mixed action elsewhere as we near the end of the week and month. Mike Castle, Senior Fertilizer Analyst at StoneX, joins us to discuss grains, macros and prices in the fertilizer markets in our Midday Commentary.

We saw a mixed to lower day in the markets on Wednesday with the soy complex under the most pressure along with more losses in cattle. Are soybeans gearing up for a move higher or lower as we enter June? Mike Zuzolo from Global Commodity Analytics recaps Wednesday's trade and walks us through his thoughts on the soy complex along with wheat, corn and livestock trade. More at https://www.globalcommresearch.com. Also, we hear from Mark Lucas of StoneX to kickoff the show in Segment One and in segment four, we hear a conversation with Farm and Ranch Media's Susan Littlefield and Allendale's Kyle Bumsted talking about the cattle market action seen this week so far, recorded at the close on Wednesday.

Wheat and cattle were under sizable pressure on Tuesday with better world weather and higher dollar at play for wheat and some unfounded rumors of New World Screwworm in the US seemingly playing a role in cattle. Meantime, corn and soybeans were quiet and choppy on the day Tuesday as we came back from the holiday weekend. Cory Bratland with AgMarket.net joins us to discuss. More at https://www.agmarket.net. May was an active month for weather across the US as spring planting got into full swing. We recap the month and take a look at what the June forecast has in store for us with Eric Snodgrass from Nutrien Ag Solutions in our Weekly Weather Update. Find more at https://www.ag-wx.com.

As we come out of the long holiday weekend, we find pressure across wheat and cattle futures to start the week. Meanwhile, the soy complex tries to hold some gains and corn appears to be searching for more direction. Arlan Suderman, Chief Commodities Economist at StoneX joins us to discuss in our Market Talk Midday Commentary for Tuesday, May 27th, 2025. Please remember the risk of trading futures and options can be substantial.

It wasn't a bad week in the markets, especially in the grain trade, but Friday's dull close may have dampened spirits just a bit. Ted Seifried from Zaner Ag Hedge joins us for analysis and perspective on everything from the grain and livestock trade to thoughts on the overall economy heading into the Memorial Day weekend. Find more at https://www.zaner.com. Also on the show, we discuss the week in the trade, cash basis levels and much more with Bryan Irey from Crossroads Coop. Learn more at https://www.crossroadscoop.com. BONUS SEGMENT: At the end of the podcast, we recap the newly released Cattle on Feed report with Kyle Bumsted from Allendale who joins us to break down the numbers.

More tariff headlines from President Trump have seemed to play a role in some of our market trade on Friday as traders are also seemingly trying to quietly enter a three-day weekend. Arlan Suderman from StoneX joins us to look at grains, livestock and outside markets in our Midday Commentary.

We saw a mixed session in the grain and oilseed markets on Thursday with more pressure in soybean oil while cattle futures found some good support as we near the upcoming holiday weekend. Bryan Doherty with Total Farm Marketing joins us to discuss this week's action in the markets and share perspective as we look to close out the week. Learn more online at https://www.totalfarmmarketing.com. Also, it is this week's episode of Cattle Chatter as Farm and Ranch Media's Susan Littlefield is joined by Brad Kooima from Kooima Kooima Varilek (KKV Trading) out of Sioux Center, IA to discuss the action we have seen throughout the cattle trade this week. Learn more online as well by visiting https://www.kkvtrading.com.

It's a mixed bag of trade across grain and livestock futures as more RVO rumors swirl, impacting soybean oil, while cattle trade is finding solid support. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss in our Midday Commentary for Thursday, May 22nd, 2025.

We saw the grain trade moderately higher at midweek with the question starting to be asked, are we building weather premium in the commodity markets? Mike Zuzolo with Global Commodity Analytics joins us to discuss what he is tracking in the grain complex, the latest ethanol numbers and what he is seeing in the cattle complex as well. Find more online by visiting https://www.globalcommresearch.com. Plus, we close the show in Segment Four with more perspective on building potential weather premium in the markets and thoughts on the choppy cattle trade with David Ericson from AgOptimus in Akron, IA. More online at https://www.agoptimus.com.

The soy complex is leading the way higher at midday on Wednesday, is it due to more rumors that we could see RVO news out from the EPA later this week before the holiday weekend? Wheat and corn are also following to the upside while it is a mixed day in livestock trade. Arlan Suderman, Chief Commodities Economist at StoneX, joins us for analysis in our Market Talk Midday Commentary for Wednesday, May 21st, 2025.

Wheat saw solid gains on Tuesday which seemed to help pull corn and soybeans to a mostly higher finish as well. Corn actually had a solid high range close on the day. Meantime, the cattle and hog complex trade mixed in overall quiet action. Brian Splitt with AgMarket.net joins us for a technical breakdown of recent market action and what to keep our eyes on as we near the end of the month of May. Find more at https://www.agmarket.net.

Wheat is the leader to the upside while the rest of the grain and livestock complex is trading mixed on Tuesday. Arlan Suderman, Chief Commodities Economist at StoneX, joins us for analysis and perspective in our Midday Commentary for Tuesday, May 20th, 2025.

Grain markets found a little bit of technical support it seemed in Monday's trade while it was a mixed day in the livestock complex. What do we make of the early week action, how important are some of these rains in dry areas of the Plains and Corn Belt? John Heinberg with Total Farm Marketing joins us for analysis and perspective on today's program. Find more online at https://www.totalfarmmarketing.com. We've been talking about it for several months and the question remains, have we checked all the boxes for drought this summer in the Western Corn Belt and into the Plains? Also, more devastating tornadoes/severe weather and billion dollar rains for Nebraska over the weekend. Eric Snodgrass with Nutrien Ag Solutions joins us for our Weekly Weather Update. Find more online at https://www.ag-wx.com. Also in Segment Four, we welcome Jeff Peterson from Heartland Farm Partners to the show to discuss Monday's grain market action. We talk weather in the U.S. and heavy rains in Argentina, demand that remains solid and more. Find more details online by visiting https://www.hearlandfarmpartners.com.

There appears to be a bit of a technical bounce in the grains and oilseeds to start the week on Monday while it's mixed in the livestock sector. Farm and Ranch Media's Susan Littlefield steps in for Jesse on our Market Talk Midday Commentary and has a conversation with Arlan Suderman, Chief Commodities Economist at StoneX.

We saw the markets, for the most part, stabilize on Friday with some lower action in the grain trade while cattle found support into the weekend. How come this corn market can't seem to rally right now? Are we gearing up for a seasonal rally post planting? Jim Emter with Van Ahn & Company joins us to discuss all that and more on the show. More at https://www.vanahnco.com. And at the end of Friday's show, we get more analysis of this week's trade action as Farm and Ranch Media's Susan Littlefield talked with David Ericson from AgOptimus at the close of trade on Friday afternoon. Find more at https://agoptimus.com.

We see the soy complex stabilizing a bit to end the week after all the disappointment in the trade surrounding RVOs and more while corn remains quiet and wheat is slipping lower. Is that due to this week's Kansas wheat tour findings or profit taking? Plus, we talk about the latest Consumer Sentiment Index from the University of Michigan and a quiet bounce in cattle trade with Arlan Suderman from StoneX in our Market Talk Midday Commentary for Friday, May 16th, 2025.

Soybeans, soybean oil and cattle had a rough day on Thursday with heavy losses across those three markets. Wheat tried to find some more support with corn mixed and lean hogs higher. Bryan Doherty with Total Farm Marketing joins us to dissect this week's trade and share analysis. Find more online at https://www.totalfarmmarketing.com. Also, we have this week's Cattle Chatter episode with Susan Littlefield and Brad Kooima from KKV Trading in Segment Two as they look at the pullback in futures and what the cash trade is doing this week. More at https://www.kkvtrading.com. And we start the show with commentary from Arlan Suderman, Chief Commodities Economist at StoneX who joined us to discuss the market trade action at midday on Thursday.

We saw a choppy grain trade on Wednesday while cattle futures broke lower into the close. Is there any sort of weather premium in these grain and livestock markets right now? We discuss that, look at some key charts and discuss technical analysis with Mike Zuzolo from Global Commodity Analytics. More online at https://www.globalcommresearch.com. Also in Segment Four, we check in with Farm and Ranch Media's Susan Littlefield who had a conversation at Wednesday's close with Sue Martin from Ag and Investments for more market analysis.

The grain markets seem to be in a choppy pattern at midweek with wheat trying to lead the way higher. Also, it's looking like another week of rising fertilizer prices. Mike Castle, Senior Fertilizer Analyst with StoneX joins us to discuss in our Midday Commentary for Wednesday, May 14th, 2025.

Have we put the low in for this corn market? Is there any sort of weather premium in the grain complex as we roll through mid-May? Plus, what about this cattle market; is time to finally get hedged if you haven't been already? A lot of different questions and topics we explore across the grain and livestock trade today with Matt Bennett from AgMarket.net. Find more online at https://www.agmarket.net.

What did the May WASDE report have to offer for the grain trade on Monday? Apparently for starters, lower than expected corn and soybean ending stocks. Plus, how much impact did the US/China tariff news have on the markets to start the week? John Heinberg with Total Farm Marketing joins us to break it all down in our Monday conversation. Find more online by visiting https://www.totalfarmmarketing.com. There is plenty to touch on this week in terms of weather as it is warm and windy to start the week throughout the plains and western Corn Belt. More rain is being seen across the Southeast into the eastern Midwest and is there seriously snow potential for parts of the Northern Plains showing up in new model runs? Eric Snodgrass with Nutrien Ag Solutions joins us to discuss on our Weekly Weather Update. Find more at https://www.ag-wx.com. Also, we close out the show and hear comments on Monday's trade action as Farm and Ranch Media's Susan Littlefield joins us to share a conversation with Sam Hudson from Cornbelt Marketing on today's program.

The May WASDE report is out, with lower than expected ending stocks for both corn and soybeans. We discuss that, the latest between the US and China and the strength in cattle tied to the latest news on New World Screwworm as Arlan Suderman, Chief Commodities Economist at StoneX, joins us for our Midday Commentary.

A busy end of the week show as we kick things off and talk everything from grain and livestock trade to bitcoin with Tommy Grisafi from Nesvick Trading and Ag Bull Media. Then, it is this week's episode of Cattle Chatter with Susan Littlefield and Brad Kooima followed by a conversation with Bryan Irey from Crossroads Coop. Finally, we close the show with an agronomic conversation as Tyler Harp from Syngenta joins us.

We saw the US and UK announce a trade deal on Thursday that does seem to be favorable towards agriculture, in particular ethanol and beef. However, the grain markets didn't seem to react much either way to the news while the cattle market found more support on Thursday. David Ericson with AgOptimus kicks off today's show with thoughts and perspective followed by an update on grains and fertilizer market volatility with Mike Castle from StoneX. Then, we close in the second half of the show with analysis from Bryan Doherty, Senior Market Advisor from Total Farm Marketing.

A trade deal has been announced between the US and the UK, but the ag markets are largely not showing much reaction to the news. We discuss that along with more volatility in the fertilizer markets with Mike Castle, Senior Fertilizer Analyst at StoneX, in our Midday Commentary for Thursday, May 8th, 2025.

We kick off today's program with thoughts and perspective on the midweek market action with Arlan Suderman, Chief Commodities Economist at StoneX. He shares thoughts on the Fed, grain market action, cattle trade and the energy markets. Then, Mike Zuzolo from Global Commodity Analytics joins us for a deep dive into the markets at midweek including a look at spread trade in grains, the Fed news, trade talks and livestock action. More at https://www.globalcommresearch.com.

We continue to see tariffs and trade as a large driver of the market conversation as we get into the month of May, along with weather and yield projections for the U.S. growing season and broader concern about the economy and potential of stagflation. David Widmar is with Agricultural Economic Insights and he joins us for a conversation about the broader ag economy and the markets. Find more at https://www.aei.ag. Also, we take a look at grain market trends to begin the month along with continued support in cattle futures and more. Tyler Schau with AgMarket.net joins us for market analysis on today's program. Find more at https://www.agmarket.net. ***Conversation with Tyler Schau recorded ahead of the closing bell on Tuesday, May 6th, 2025.***

Grain and livestock markets are chopping around a bit on Tuesday trade, looking for a fresh story. We get an update on trade action, new updates to South American crop estimates and talk livestock with Arlan Suderman, Chief Commodities Economist at StoneX, in our Midday Commentary.

Grain markets, lacking much of a fresh story, drifted their way lower to start the week on Monday. Could talk of a bigger South American crop, early positioning ahead of the May WASDE, fund action and weather be a downward driver on these markets this week? John Heinberg from Total Farm Marketing joins us to discuss the grain and livestock trade to start the week. More at https://www.totalfarmmarketing.com. Also, we continue to see a lot of strength in the cattle market, mainly with cash driving the bus as we get into the month of May. Meantime, the grain trade started the week lower amid no fresh news and a wide open planting window ahead for many areas. Scott Varilek with Kooima Kooima Varilek joins us to discuss. Find more at https://www.kkvtrading.com. Fieldwork has definitely picked up the last few weeks, the question is will it be even more wide open this week? Also, what does the impact of potential cuts have when it comes to forecasting tools that folks like Eric Snodgrass use to forecast our weather? We discuss all that and more with him on our Weekly Weather Update. Find more at https://www.ag-wx.com.

Grain markets are largely moving lower to start the week without a fresh story to impact the trade. Meanwhile, cattle are starting the week on a good note. Arlan Suderman from StoneX joins us to discuss in our Midday Commentary for Monday, May 5th, 2025.

As we close out the week, wheat rallied a bit while soybeans and corn were mixed. Plus, it was a higher day in livestock futures to round out the week. Kent Beadle with Paradigm Futures joins us to discuss old crop, basis levels, thoughts on weather starting to take center stage in new crop and more. Find more online as well by heading to https://www.paradigmfutures.net. Plus at the end of the show, Farm and Ranch Media's Susan Littlefield is joined by David Ericson from AgOptimus for an end of the week recap of the market trade. You can find more online at https://agoptimus.com.

We continue to see a fair amount of volatility in fertilizer markets worldwide while the grain trade finished up the week mostly mixed to higher. Mike Castle, Senior Fertilizer Analyst with StoneX joins us to discuss in the Market Talk Midday Commentary for Friday, May 2nd, 2025.

Wheat continues to struggle as KC contracts made new lows on May Day Thursday while we largely saw two-sided trade across the grain and livestock sector to start the month. Bryan Doherty with Total Farm Marketing joins us for conversation about the rally in soybeans, wheat charts, cattle and dairy market action and thoughts on the latest economic data we've seen this week. Learn more online at https://www.totalfarmmarketing.com. Also, it is the latest episode of Cattle Chatter with Susan Littlefield and Brad Kooima from KKV Trading. They talk about how the cattle market is feeling extremely overbought, with all-time highs in the cash trade. The big question now: is there still room for risk management—does hedging make sense at these levels? Learn more at https://www.kkvtrading.com.

We started higher in grain and livestock trade on May Day but we are starting to see some erosion in the markets as we get to midday on Thursday. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss market action and new news regarding China/US relations.

Wheat and corn found a decent rally on Wednesday after we saw a bit of a breakdown across commodities on Tuesday. Meanwhile, cattle futures ended their run of higher sessions with a lower day at midweek. Mike Zuzolo from Global Commodity Analytics joins us for a breakdown of the markets, a discussion on lower U.S. GDP numbers, technical market factors, fundamentals, geopolitical influence and much more. Find more at https://www.globalcommresearch.com. Also on today's show, we are joined by Chip Nellinger from Blue Reef Agri-Marketing for perspective on the grain and livestock markets as we close out the month of April. What do we need to pay attention to as planters continue to roll and these markets move into a new month? Find more online as well by visiting https://www.bluereefinc.com.

We see the corn and wheat markets finding some positivity at midweek with pressure in soybeans and livestock. Arlan Suderman from StoneX joins us to discuss grains, livestock and macro market action on this Wednesday, April 30th.

What led to the grain markets being under pressure on Tuesday? Was it weather and planting progress? First notice day in grains for May contracts? What about the rumors of trade deals with countries like India and Japan? A lot of questions to explore on today's show with Jim McCormick from AgMarket.net. Also, we discuss the state of rural broadband and efforts to expand access along with the growth of data centers and the opportunity for rural communities. Jeff Johnston is lead digital infrastructure economist in CoBank's Knowledge Exchange research division. He joins us for a conversation.

Soybeans and corn had a fairly mixed session, working off the lows from the morning trade while wheat was under pressure. Cattle also had a solid start to the week. John Heinberg from Total Farm Marketing joins us to discuss the start of the trading week. Find more at https://www.totalfarmmarketing.com. We see a potential severe weather outbreak to start the week in the Midwest along with more active weather this past weekend and for the rest of the week ahead. Eric Snodgrass with Nutrien Ag Solutions joins us to discuss as we start the week on Monday. More at https://www.ag-wx.com.

It's a mixed start to the week in the grains and oilseeds with soybeans and corn moving off their morning lows. Meantime, could the latest developments with New World Screwworm have an impact on cattle trade this week? Arlan Suderman from StoneX joins us to discuss in our Midday Commentary.

Markets were very quiet on Friday with two-sided trade in grains and oilseeds and mildly higher action in livestock. What are the markets and traders paying attention as we head into the weekend? We discuss the week in the trade on today's show with Kristi Van Ahn-Kjeseth from Van Ahn & Company in the first half of our program. Then, we get market perspective and a planting update from South Dakota with DuWayne Bosse from Bolt Marketing. Find more for Kristi online at https://www.vanahnco.com and for DuWayne at https://www.boltmarketingllc.com. Also at the end of the show, in Segment Four, we hear our Midday Commentary with Arlan Suderman of StoneX and FARM's Susan Littlefield has cattle market commentary from Jerry Stowell of Country Futures in Frankfort, KS.