Market Talk

As we near the end of what has been a volatile year for the markets and U.S. agriculture, we take a pause to recap 2025 and make a small wishlist for the year ahead when it comes to the markets and more. Tommy Grisafi with AgBull Media and Nesvick Trading Group joins us for a conversation. Find more online at https://www.agbull.com. Also, we hear the remainder of our conversation from earlier in the week with Mike Castle from StoneX on today's episode.

We saw a bit of that Santa Claus rally in the grain trade on Wednesday, led by the soy complex. Meantime, the livestock trade was a mixed bag as we headed into the Christmas holiday. Mike Zuzolo with Global Commodity Analytics joins us to take a look at the week in the market trade as we head into the holiday. More online at https://www.globalcommresearch.com. This was a year for the record books when it comes to the amount of uncertainty we dealt with in American agriculture and the fertilizer market was one of many items caught up in the uncertainty. How is the outlook shaping up for 2026? Mike Castle, Lead Market Intelligence Project Manager for StoneX, joins us to discuss this past year and look ahead to early 2026 when it comes to the fertilizer markets and the price ratio with grains. Find more online at https://www.stonex.com.

It appears that the grain and livestock markets have entered into holiday mode as there is not a lot of fresh movement or news to discuss. However, that doesn't mean you should completely check out over the holidays. Jacob Burks with AgMarket.net joins us to discuss risk during the final few days of the year and we look ahead to early 2026, the January WASDE and more. Find more online at https://www.agmarket.net. Also, it is a new episode of Cattle Chatter out a little early this week as Susan Littlefield is joined once again by Brad Kooima from Kooima Kooima Varilek to look at this year in the cattle markets and gear up for the Christmas and New Year stretch. Find more at https://www.kkvtrading.com.

The grain and livestock markets are looking like they have truly entered holiday mode at midday on Tuesday with very quiet action across the board. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss in our Midday Commentary.

The grain and livestock markets found themselves mostly higher as we started off the Christmas holiday week. Are we finally getting back to trading fundamentals in the grain markets? What about continued support in lean hogs and cattle? Mike Minor with Professional Ag Marketing joins us to discuss on today's show. More at https://professionalagmarketing.com. Also, it sounds like it is going to be a very mild holiday week ahead across a wide area of the country. Eric Snodgrass with Nutrien Ag Solutions joins us for our Weekly Weather Update with a look at the Christmas forecast. More at https://www.ag-wx.com.

Monday sees a mostly higher day across the grain and livestock trade as we dive into the Christmas holiday week. Arlan Suderman with StoneX joins us to discuss in our Midday Commentary.

It was another solid week of trading in the cattle complex while grains and lean hogs were fairly quiet as we closed out the trade on Friday. Scott Varilek with Kooima Kooima Varilek joins us to discuss the week in the markets as we near the Christmas stretch. More at https://www.kkvtrading.com. Also, we get reaction to the latest Cattle on Feed report being down 2% from last year with Kyle Bumsted from Allendale. And as we look ahead to 2026, what problem are growers actually trying to solve with in-season nitrogen? How does timing and rate of application make a difference with your nitrogen strategy? And what are some common myths and misconceptions about the use of nitrogen? We explore all of these questions in a conversation with David Chaffin from Ever.Ag on today's show. Learn more at https://shorturl.at/VKNJK

As we get closer to ending 2025 and see the markets mostly entering into the holiday mode, we take a step back and discuss some common market terms and strategies to consider when it comes to managing your risk. Our professor for today's lesson is Bryan Doherty, Senior Market Advisor with Total Farm Marketing. Learn more at https://www.totalfarmmarketing.com. Plus, we take a look at what is happening in the cattle markets as we near the end of the week and month. It's an all new episode of Cattle Chatter as our own Susan Littlefield sits down again this week with Brad Kooima from Kooima Kooima Varilek out of Sioux Center, IA. More at https://www.kkvtrading.com.

We see mixed to higher action in corn and wheat while soybeans continue to struggle. Meantime, we have new Consumer Price Index data to discuss and we see a mixed tone in livestock trade. Arlan Suderman from StoneX joins us for our Midday Commentary.

Crude oil, wheat and soybeans are leading most of the market related headlines at midweek as we watch geopolitical news, technical factors and more weighing on these markets specifically. Mike Zuzolo with Global Commodity Analytics joins us to go through the midweek action, discuss chart relationships and much more across the grain and livestock trade. Find more online by visiting https://www.globalcommresearch.com.

We see mixed to lower action in Wednesday's market trade with soybeans under pressure once again. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss the market action, the latest on crude oil and more.

As we near the end of the year, the cattle market has really been the star of the markets in 2025. But that doesn't mean that high prices bring high profitability, does it? That's one of many questions we explore on today's show with Tyler Schau from AgMarket.net. We also look at the general grain market action as we work towards the holiday season. Also in Segment Two, we get grain market analysis along with a look at sour economic data out Tuesday and some news for the fertilizer markets with Mike Castle, Lead Market Intelligence Project Manager for StoneX.

Monday's market action had a bit of a "risk-off" flavor to it, especially in the grains and oilseeds. However, we did finished somewhat mixed on the session as we've hit the halfway point of December and the downhill slide to the holidays. John Heinberg with Total Farm Marketing joins us to discuss the markets as we get the week started. Learn more at https://www.totalfarmmarketing.com. With a warm up on the way this week, could that mean a sloppy and muddy mess just in time for Christmas? Also, what do some of the longer range models show us as we move into January? Eric Snodgrass with Nutrien Ag Solutions joins us to discuss on our Market Talk Weekly Weather Update. Find more online at https://www.ag-wx.com. Also to start the show, could we see the a continued rally and uptrend in the cattle complex as we close out 2025 and look ahead to January? Does high price equal profitability right now? Brady Huck with Advance Trading joins us to discuss the cattle markets and share perspective on the holiday grain trade as well as we start the week.

We see a somewhat "risk-off" sentiment in the grain markets on Monday while we also await a slew of economic data to get released this week. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss in our Midday Commentary for Monday, December 15th, 2025.

On Friday's Market Talk, we examine the week in the livestock trade and talk markets with Joe Kooima from KKV Trading. Then, we take a broader look at the markets and ag economy with Chad Hart from Iowa State University.

On today's show, we start in segment one with analysis from Arlan Suderman from StoneX that we got during our Midday Commentary and follow that up with a new episode of Cattle Chatter in Segment Two with Susan Littlefield and Brad Kooima. Then, we sit down for a look at the week in the market trade and talk risk management with Bryan Doherty from Total Farm Marketing to close the show.

On Wednesday's episode, we talk with Mike Zuzolo from Global Commodity Analytics.

We have plenty of news with market implications so far this week as we saw the announcement of a farmer aid package on Monday by the Trump Administration, a December WASDE report that was fairly quiet on Tuesday and we have the December Federal Reserve meeting this week. Tommy Grisafi with AgBull Media and Nesvick Trading joins us to break it all down on today's show along with Matt Bennett from AgMarket.net as well.

On Monday's show, we talk markets with John Heinberg from Total Farm Marketing and weather with Eric Snodgrass from Nutrien Ag Solutions.

We see mixed action in the grain markets to start the week as the White House readies a farmer aid announcement on Monday. Mike Castle with StoneX joins us to discuss the grains and the fertilizer markets to start the week.

Grain markets struggled into the first weekend of December with soybeans leading the way lower, even as Chinese sales were reported for soybeans on Friday morning. Are we already getting into the holiday blues for these grain and oilseed markets? What about the early 2026 acreage battle? DuWayne Bosse with Bolt Marketing joins us for a conversation about the week in the grain and livestock markets. More at https://www.boltmarketingllc.com. Also, we saw cattle futures (and lean hogs too) finish with a solid day higher on Friday as the cash cattle market has also seen a substantial rebound this week. Joe Kooima with Kooima Kooima Varilek joins us to share thoughts on the proteins getting back to market fundamentals and we touch on the quiet grain trade for the week as well. More at https://www.kkvtrading.com. And in our opening segment, we feature a conversation that Susan Littlefield had on Friday at the close with Sam Hudson from Cornbelt Marketing and Jesse has commentary from Ryan Moe, Regional Director at StoneX.

Grain and livestock markets were mostly higher on Thursday as we work through the first week of December. Corn demand especially remains strong, according to the export sales data. Bryan Doherty with Total Farm Marketing joins us to discuss demand, charts and market sentiment on today's show. Find more online by visiting https://www.totalfarmmarketing.com. Also, what is happening in this cattle trade as get into December? Susan Littlefield joins us for another episode of Cattle Chatter with Brad Kooima from Kooima Kooima Varilek on today's show. Find more at https://www.kkvtrading.com.

Markets were mixed to slightly higher at midday on Thursday. Ryan Moe, Regional Director for StoneX, joins us to take a look at the day's market action.

As we work into the end of 2025, there is still plenty of news and even uncertainty surrounding the broader market picture. Trade, catching up on data from the shutdown, South American weather and so much more is at play here moving forward. We dive into all of that and look at a mixed market trade on Wednesday with Ted Seifried from Zaner Ag Hedge on today's show.

Grain markets are mostly lower at midday Wednesday as we continue to slowly receive CFTC fund data and more. Also, China/US soybean trade is in the news again today. Ryan Moe, Regional Director for StoneX, joins us to discuss.

We saw good market action to the upside in corn, wheat and cattle futures on the second day of December 2025. Brian Splitt with AgMarket.net joins us to discuss trends, chart action and much more as we look across corn, wheat, soybeans, cotton, rice and cattle markets on today's show. Learn more online at https://www.agmarket.net.

Grain and livestock markets are trading mostly higher as we work through our Tuesday session with corn, wheat and cattle the upside leaders. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss in our Midday Commentary.

Grain and livestock markets kicked off the final month of 2025 with a lower day across much of the trade. Is the seasonal low volume holiday trade mindset and winter blues already settling into the commodity markets? John Heinberg with Total Farm Marketing joins us to share perspective on the markets as we kicked off the week and the month of December. Find more online by visiting their website at https://www.totalfarmmarketing.com. Meantime, meteorological winter has arrived as the calendar turns to December and we saw winter arrive in a big way across much of the Midwest over the weekend. Eric Snodgrass with Nutrien Ag Solutions joins us to discuss on our Weekly Weather Update. Learn more online at https://www.ag-wx.com.

Grain and livestock markets are quietly lower to start the month of December. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to look at Monday's market action.

After the volatility to start the week on Monday, and amid the holiday shortened trading week, cattle futures somehow rallied to a higher weekly close as we finished out the month of November on Friday. Scott Varilek with Kooima Kooima Varilek in Sioux Center, IA joins us to wrap up the week in the livestock and grain markets. Find more at https://www.kkvtrading.com. Also on today's show, we feature two conversations from the 2025 NAFB Convention last week in Kansas City, MO as we talked with David Widmar from Agricultural Economic Insights and Tanner Ehmke with CoBank. And in Segment Four, Susan Littlefield visited Friday with Sue Martin From Ag & Investments in Clarion, IA to wrap the month of November in the trade.

The Friday after Thanksgiving is usually a quiet market day with a hard open and shortened session of trading. We see grains quiet with more strength in cattle futures to close out the week. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss and wrap up the week of trade.

Wishing everyone a Happy Thanksgiving! On today's episode, we look at the strength in grain and cattle futures ahead of the holiday on Wednesday. Mike Zuzolo with Global Commodity Analytics joins us to discuss factors he is watching across wheat, crude oil, corn, soybeans and cattle as we close out the month of November. More at https://www.globalcommresearch.com. On this week's Cattle Chatter, Brad Kooima of Kooima Kooima Varilek breaks down how the Tyson plant closure is set to weigh on the trade in the weeks ahead. Cattle weights remain elevated, though the incoming Arctic blast may finally trim some pounds. Brad also dives into the formula trade, what this shutdown means for leverage, and why history may be repeating itself — echoing the plant closure challenges we saw back in 2015.

It was another day of pre-holiday trade in grains and oilseeds on Tuesday, with narrow and quiet trading ranges. Meantime, cattle did bounce a little in futures on the day. We discuss the importance of risk management and looking at your plans as we head towards Thanksgiving with Tyler Schau from AgMarket.net. Also, we listen to a conversation from last week's NAFB Convention in Kansas City, MO as we analyze the farm economy and trends heading into 2026 with Megan Roberts from Compeer Financial.

It is another quiet day in the grain and oilseed markets as more pre-holiday position squaring seems to be at play. Meantime, the cattle market is bouncing a bit after an ugly Monday trade. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss in our Midday Commentary.

The news of Tyson Foods closing it's Lexington, Nebraska plant has been the talk of the cattle industry since Friday afternoon and it was the main driver of a limit down day across live and feeder cattle futures to start the holiday week. Meanwhile, it was quiet pre-holiday trade in the grains and oilseeds on Monday. Kristi Van Ahn-Kjeseth with Van Ahn & Company joins us for analysis on today's show. Find more online by visiting https://www.vanahnco.com. Some folks could see snow, some could see severe weather.......either way you slice it things could be dicey for Thanksgiving this week across the country. Eric Snodgrass with Nutrien Ag Solutions joins us to discuss the weather outlook as we finish up November. More at https://www.ag-wx.com. Also on today's show, we head back to last week's NAFB Convention in Kansas City, MO and get a harvest recap and agronomic update from Ohio and the Eastern Corn Belt with John Brien, Agronomy Division Manager for AgriGold. More at https://www.agrigold.com.

Cattle futures are starting the week locked down the daily limit amid the news of Tyson Foods closing its Lexington, Nebraska facility. Meantime, it is a quiet start to the week in grains. Arlan Suderman with StoneX joins us to discuss in our Midday Commentary for Monday, November 24th, 2025.

We see the grain markets fairly quiet on Friday in a consolidation type of trade while the livestock markets are under pressure amid the removal of tariffs on Brazil and more. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss in our Market Talk Midday Commentary for Friday, November 21st, 2025.

Tuesday seemed to be a consolidation day in the grains and cattle, with a bit of pressure in the lean hog complex. Overall, did traders take a bit of a pause after the volatility of Friday and Monday? Jacob Burks with AgMarket.net joins us for a conversation and look at the markets. Find more online by visiting https://www.agmarket.net. Also, what did the WASDE have to tell us for wheat and cotton balance sheets? What about price action in corn, soybeans and cattle? Nick Lawrence with TraderPhD joins us to discuss on today's show. More at https://www.traderphd.com.

We have a jam packed show to start the week after the soybean trade led the grains and oilseeds higher on Monday. Brian Splitt from AgMarket joins us for analysis to open the show followed by our Weekly Weather Update with Eric Snodgrass from Nutrien. Then, it's our weekly conversation with John Heinberg from Total Farm Marketing followed by perspective on grains and fertilizer from Mike Castle with StoneX to close the show.

We see the grain markets rallying to start the week with soybeans leading the way. Mike Castle, Senior Fertilizer Analyst with StoneX, joins us to discuss the grains and fertilizer markets to start the week.

On Friday, USDA released a ton of data for the markets including the November World Agricultural Supply and Demand Estimates report along with a backlog of daily export sales data that hadn't been reported due to the government shutdown. We saw the grains and oilseeds find pressure post report, closing down double digits in many corn, soybean and wheat futures contracts on the day. Meantime, the livestock trade was mixed to higher. In the opening segment, we get perspective and analysis from Mark Gold with Top Third Ag Marketing, a division of StoneX. We follow that up with a look at the livestock trade and thoughts on the USDA reports with Scott Varilek with KKV Trading. Then we close the show with analysis and perspective from DuWayne Bosse with Bolt Marketing to close out the week.

After not providing a report in October due to the government shutdown, USDA on Friday returned with a November World Agricultural Supply and Demand Estimates report. USDA projected a slight reductions in overall corn production and yield along with overall soybean production an yield. USDA also released a backlog of daily flash sales data at the same time. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to go through the data in our Midday Commentary.

Was Thursday's trade as simple as buy grains, sell livestock? We saw good strength in soybeans and corn with heavy pressure in cattle and hog futures on the day while stocks were also under heavy pressure. Bryan Doherty with Total Farm Marketing joins us to discuss the trade action, thoughts ahead of Friday's WASDE report and the impact of data flowing again with the government reopening. Find more at https://www.totalfarmmarketing.com. Also on today's show, we have another episode of Cattle Chatter with Susan Littlefield and Brad Kooima from KKV Trading as they discuss the on-going volatility in the cattle markets. And we also kick off the show talking markets with Kyle Bumsted from Allendale in Segment One.

We see the grain markets rallying a bit with stocks and livestock under pressure on Thursday. Arlan Suderman from StoneX joins us to discuss market action, government reopening impacts and more in our Midday Commentary.

As traders and farmers gear up for the November WASDE Report release on Friday from USDA, there are many questions as to what this data will look like from the Department of Agriculture. Plus, with the government presumably set to reopen soon, how will all of that back data possibly impact the markets? Mike Zuzolo with Global Commodity Analytics joins us to discuss on today's show. More at https://www.globalcommresearch.com.

We see quietly mixed trade action across grains and livestock at midday on Wednesday. Arlan Suderman with StoneX joins us to discuss positioning ahead of Friday's USDA report and potential government reopening this week.

As we celebrate Veterans Day 2025, we thank and honor all of those who served. Grain and livestock markets were open and traded relatively quietly on the day. Tyler Schau with AgMarket.net joins us to take a look at the trade, discuss the upcoming USDA report on Friday and more. Find more online at https://www.agmarket.net. Also on today's show, how has harvest season been wrapping up across the Northern Plains? What things do farmers need to consider for 2026? We get an agronomic update from the Northern Plains and talk with Aaron Froemke, Agronomic Service Representative at Syngenta, based in North Dakota.

Overall, we see quiet market action on Veterans Day with grains near unchanged and livestock mixed. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss in our Market Talk Midday Commentary for Tuesday, November 11th, 2025.

We saw a "risk-on" trade environment to start the week with soybeans leading the grain trade moderately higher and cattle futures trading limit up on Monday. John Heinberg with Total Farm Marketing joins us for analysis and a conversation about Monday's trade action. Find more online by visiting https://www.totalfarmmarketing.com. Many folks across the U.S. and Canada are seeing a shot of arctic air move through as we begin the new week and many may have seen (or are currently seeing) snow in their backyard. Will this shot of snow and cold last or is this just a precursor of what's to come this winter? Eric Snodgrass with Nutrien Ag Solutions joins us to discuss in our Weekly Weather Update. Find more online at https://www.ag-wx.com.

We see a mostly higher day developing across grain and livestock markets on Monday. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss and share analysis on the early week market action.

Grain markets were quiet to end the week, with some volatility and positivity in the soy complex after EPA announced decisions on small refinery exemptions for the 2021-2024 window. Corn and wheat were quietly lower and cattle found some decent end of the week strength. Let's take a look at the technical picture and talk about managing our risk by looking at the recent chart action with Jim Emter from Van Ahn & Company. Learn more online at https://www.vanahnco.com. We saw a little bit of green in cattle futures and mixed action in lean hogs to finish out the week on Friday. Joe Kooima with Kooima Kooima Varilek joins us to talk about what to make of all the recent volatility, what is happening in the cash market and more. Find more at https://www.kkvtrading.com. And as farmers wrap up 2025, what factors should they take into consideration when talking to their retailers about seed decisions for next season? Kaitlyn York, retail business manager for Brevant seeds in Nebraska, joins us to share some tips on why traits are important when selecting seed and much more. Find more online at https://www.brevant.com.