Market Talk

We saw the grain markets along with crude oil, live cattle and lean hogs under pressure on Wednesday as the markets searched for direction ahead of the holiday weekend. Gold did rally and that is one of many items that Mike Zuzolo with Global Commodity Analytics is watching for the broader market picture. We look at charts across gold, corn and cattle on today's show. Find more online at https://www.globalcommresearch.com. Also in Segment Two of today's show, we get agronomic update from BASF Technical Services Representative Mark Storr from Central Iowa who shares details on spring planting season and why fungicide timing is crucial during the early growing season.

Tuesday was a much quieter day in the markets as the grain trade was mixed to slightly lower on the session. After all of the US/China meeting volatility, will weather take center stage? Tyler Schau with AgMarket.net joins us to share perspective on how the markets seem to have ADHD when it comes to trading headlines and volatility. We also get perspective on the cattle complex, expanded limits coming soon and more. Find more online by visiting https://www.agmarket.net. As the farm economy continues in a down cycle, there is quietly a growing concern about leverage and over-leveraging your operation for capital needs. Trent Klarenbach with the Klarenbach Grain Report has been doing some analysis of farmland values in the US and Canada. He explores the math and what over-leverage might mean for someone when it comes to loans, margin calls in the markets and more. Learn more at https://www.grainreport.klarenbach.ca.

Grain markets are taking a bit of a breather on Tuesday as we see quieter action after the US/China summit news. We discuss the trade action, crop progress numbers and the outside market picture with Mike Castle, Senior Commodities Economist at StoneX, in our Market Talk Midday Commentary.

The grain markets shot higher to start the week as the White House released news on Sunday of reported agricultural purchase commitments made by China during last week's summit between Trump and Xi. Does this news give the grain markets enough juice to work back through key levels of resistance in the trade? How does the weather conversation play into things? John Heinberg with Total Farm Marketing joins us to discuss the grains and livestock markets on today's show. Find more online at https://www.totalfarmmarketing.com. As the grain markets reacted higher on Monday to reported news of China agricultural purchase commitments after the Trump/Xi summit, the livestock markets trade mixed to lower to start the week. Mike Minor and Luke Wells from Professional Ag Marketing join us to discuss the trade action in cattle, hogs and the grain markets. More at https://www.professionalagmarketing.com. We saw a large outbreak of severe weather over the weekend in parts of the Plains and Western Corn Belt with numerous reports of large hail, damaging winds, heavy rains and tornadoes across parts of Nebraska, South Dakota, Kansas, Iowa and Missouri with more on the way to start the week. Eric Snodgrass with Nutrien Ag Solutions joins us to discuss in our Weekly Weather Update for the week of May 18th, 2026. More at https://www.ag-wx.com.

Grain markets were surging through midday on the reported China agricultural purchase commitments announced on Sunday by the White House. We discuss that, the outside markets and the livestock trade with Arlan Suderman, Chief Commodities Economist at StoneX, in our Midday Commentary.

As we head into the weekend, we sit down to talk commodity and livestock markets with Chad Hart, Professor and Economist at Iowa State University. We discuss the markets chasing headlines, the weather impacts, the law of supply and demand, ethanol/E15 legislation, US/China talks and much more. Plus it was a busy week in the cattle markets with plenty of news and record cash trade. Joe Kooima with Kooima Kooima Varilek joins us for livestock and grain market analysis to close out the week. Find more at https://www.kkvtrading.com.

It appears we have more follow-through selling in the grain trade on Friday while cattle futures are pushing a bit higher. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss in our Friday Market Talk Midday Commentary.

Soybeans fell into some hard profit taking on Thursday as traders apparently caught wind of some small nuggets of information from the Trump/Xi meeting ongoing in China. That pulled corn and wheat lower while cattle futures closed lower as news came out regarding new higher limits starting on June 1st. Bryan Doherty with Total Farm Marketing joins us for analysis and perspective on today's show. More at https://www.totalfarmmarketing.com. The cattle market is entering uncharted territory, with cash trade surging $7 higher in the North and $3 to $5 higher in the South, with some northern sales reported as high as $265. On this week's Cattle Chatter, Brad Kooima with Kooima Kooima Varilek breaks down the latest price movement and discusses the newly announced expanded trading limits. Effective June 1, Live Cattle limits will move to $8.50, while Feeder Cattle limits increase to $10.75. Markets are also keeping a close eye on trade developments with China, including questions surrounding why nearly 400 packing licenses were approved and then later pulled back. At the same time, worsening drought conditions are prompting more cattle to move to market, though producers appear committed to holding onto their cow herds—signaling continued confidence in long-term fundamentals.

Soybeans are down hard, pulling wheat and corn lower as well, amid some of the chatter coming from the US/China meeting that is ongoing. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to share some context on the market moves we are seeing through midday Thursday.

We saw a quieter grain trade on Wednesday while cattle surged and we got new energy and inflation data released as well. Mike Zuzolo with Global Commodity Analytics joins us to share technical analysis of things he is watching in the grain, livestock and outside markets at midweek. Find more online at https://www.globalcommresearch.com. And as farmers continue to work through spring planting 2026, the rising cost of fuel, fertilizer and inputs continues to further squeeze farm budgets. Dr. Michael Deliberto, Economist, Associate Professor and Louisiana Farm Bureau Endowed Professor in Agricultural Policy at LSU joins us to highlight recent work he has done looking at crop budgets for producers in Louisiana and how it can broadly reflect issues across the country.

Grain markets are mixed and quieter on Wednesday while we examine new Producer Price Index data and await any news from the Trump/Xi meeting in China. Arlan Suderman with StoneX joins us for analysis of the grain, livestock and outside markets at midweek. ***Always remember the risk of trading futures and options can be substantial.

Winter wheat futures soared on Tuesday after USDA seemingly indicated the well reported issues with this year's crop in the U.S. Plains. We saw 35-45 cent moves higher across the wheat complex while soybeans, bean oil, bean meal and corn also had a positive day. Matt Bennett with AgMarket.net joins us for analysis and reaction to the May WASDE report and some thoughts on the situation with beef imports and the Trump administration. Find more online at https://www.agmarket.net.

On Tuesday, USDA released the latest World Agricultural Supply and Demand Estimates for the month of May and it featured a few suprises and changes of note to the U.S. and World balance sheets. Arlan Suderman, Chief Commodities Economist at StoneX joins us for a recap and report day analysis.

The Trump administration is preparing to temporarily lower tariffs on imported beef in an effort to ease record-high beef prices for American consumers. That news on Monday sent cattle futures on a wild ride that ended well off of session lows, as some early week cash cattle trade surfaced on the day as well. John Heinberg with Total Farm Marketing joins us to discuss the livestock and grain trade to start the week, including a look ahead to the May WASDE Report, US/China meeting and more on tap this week. Find more online at https://www.totalfarmmarketing.com. Could we see a warmup in the weather pattern to help propel more spring planting this week? What about the early week frost concerns in the Upper Midwest? Eric Snodgrass with Nutrien Ag Solutions joins us to discuss on our Weekly Weather Update as we look at U.S. weather, updates for South America and Europe and more. Find more at https://www.ag-wx.com. In Segment One, we also get some market perspective from Tyler Schau with AgMarket.net and Arlan Suderman with StoneX at the top of the show.

We saw more profit taking in cattle futures on Friday while this week's cash trade was strong again. What's going on with the disconnect between the two markets and where do we go from here? Scott Varilek with Kooima Kooima Varilek joins us for analysis of the week in the livestock trade and more on today's show. Find more at https://www.kkvtrading.com. We are also seeing some positive money flow into commodities like grains, oilseeds and crude oil on Friday ahead of the weekend where any number of headlines could flow that might impact trade. Meantime, fertilizer prices continue to be a major talking point worth watching. Mike Castle, Senior Commodities Economist at StoneX, joined us for analysis and perspective at midday on Friday. More at https://www.stonex.com. And late Thursday afternoon Bryan Doherty, Senior Market Advisor at Total Farm Marketing, joined us to share perspective on the week in the market trade. War headlines, the upcoming US/China meeting, weather and more are all at play in these markets and we discuss that on this episode. Find more online at https://www.totalfarmmarketing.com.

On today's show, we hear from StoneX Senior Commodities Economist Mike Castle to kickoff the show followed by this week's new episode of Cattle Chatter with Susan Littlefield and Brad Kooima. Susan sticks with us in Segment Three as she shares a dairy market conversation with Shawn Hackett from Hackett Financial Advisors while Jesse closes the show with market analysis and recap from Thursday's trade.

We see pressure across commodities, energies and cattle on Thursday as optimism grows about a deal to end the war with Iran. That is helping fuel positivity in the stock market as well as we near the end of the week. Mike Castle, Senior Commodities Economist at StoneX, joins us to discuss in the Market Talk Midday Commentary. ***Always remember the risk of trading futures and options can be substantial.

On today's Market Talk, Susan Littlefield sits in for Jesse Allen as she has market analysis with Mike Zuzolo from Global Commodity Analytics and Mike Castle from StoneX. She also shares a conversation with former Senator Heidi Heitkamp, who is now Director of Agriculture at alliant.

It was a classic "turnaround Tuesday" in the trade today as we saw the livestock complex find support to the upside after profit taking to start the week. Meantime, grains saw a round of profit taking as we've been testing key resistance levels. Brian Splitt with AgMarket.net joins us for some technical analysis of the the trade as we talk corn, soybeans, wheat, cotton, rice and cattle on the show. Find more at https://www.agmarket.net. Also, Mike Minor with Professional Ag Marketing joins us to share perspective on the livestock markets, talk weather in the western Corn Belt and more. Find more at https://professionalagmarketing.com.

It appears to be a turnaround Tuesday to the downside in the grain complex as we see moderate pressure across soybeans, corn and wheat. Mike Castle, Senior Commodities Economist at StoneX, joins us to discuss the grain trade and new economic data released on Tuesday morning.

We saw a strong day in soybeans, backed by more strength in soybean oil and some frost concerns from the weekend with November soybean futures breaking $12 before finishing off the highs. Meantime, corn was moderately higher with December futures breaking the $5 mark and closing above it. Kristi Van Ahn-Kjeseth with Van Ahn & Company joins us for market analysis and perspective on today's show. More at https://www.vanahnco.com. Corn and soybean futures tested key resistance and psychological levels on Monday with December corn closing above the $5 mark. Meantime, cattle and hogs saw more selling pressure to start the week. Was it simply follow through selling after Friday's poor close? John Heinberg with Total Farm Marketing joins us to discuss on today's show. Find more online or reach out at https://www.totalfarmmarketing.com. We saw some areas get frost over the weekend and there is some concern that it may have impacted early planted crops. What does the forecast look like as we move into the first full week of May? Eric Snodgrass with Nutrien Ag Solutions joins us to discuss on our Weekly Weather Update. Find more online at https://www.ag-wx.com.

A strong day higher for soybeans on Monday with corn and wheat following behind while cattle are under pressure. Arlan Suderman, Chief Commodities Economist at StoneX joins us to discuss.

December corn hit $5.01 and three quarters on Friday, before falling back to close below the elusive $5 mark. Overall, it was another decent money flow day to end the week in grains but what is holding this corn market back? Ted Seifried with Zaner Ag Hedge joins us to talk funds, demand, E15, money flow across commodities, livestock trade and much more. Find more online at https://www.zaner.com. Cash cattle trade was red hot this week, anywhere from $10-15 higher in some cases. It was odd though that business was wrapped up by Wednesday......is there something going on we need to watch? Also in lean hogs, reports of pseudorabies in Iowa and Texas may have impacted the end of the week trade action. Joe Kooima with Kooima Kooima Varilek joins us for livestock and grain market analysis to close out the week. Find more online at https://www.kkvtrading.com. We also get the show started and here a bit of Susan Littlefield's Friday afternoon market conversation with Mark Gold From Top Third Ag, a division of StoneX, in Segment One. Hear the rest of their conversation at https://www.markettalkag.com or via the Farm and Ranch Media mobile app.

Today's guests include Bryan Doherty with Total Farm Marketing, Sue Martin with Ag & Investments and a new episode of Cattle Chatter with Susan Littlefield and Brad Kooima from KKV Trading.

Guests today include Mike Zuzolo from Global Commodity Analytics, John Bode with the Corn Refiners Association and analysis from Arlan Suderman at StoneX.

Guests include Jim McCormick from AgMarket.net, Eric Snodgrass from Nutrien with our Weekly Weather Update, Arlan Suderman at StoneX and Edward Hubbard from the Renewable Fuels Asssociation.

Wheat is under more pressure on Thursday after a poor close to the trade yesterday while corn and soybeans have tested key resistance but can't seem to break through it. Livestock trade is a mixed bag as well on the day. Arlan Suderman, Chief Commodities Economist at StoneX, joins us for analysis in our Market Talk Midday Commentary for Thursday, April 30th, 2026.

It was a higher day across many grain and livestock markets to start the week on Monday. Is this a one-off, general money flow kind of day or the start of something else? John Heinberg with Total Farm Marketing joined us for analysis on Monday's episode of Market Talk. Find more online by visiting https://www.totalfarmmarketing.com. Farm Profit Manager, a newly launched farm financial management platform, has surpassed one million acres enrolled by producers in just 10 days with 500 users in 23 states in North America. We sit down with Shay Foulk, co-developer of Farm Profit Manager and an owner of Ag View Solutions, who gives us background on why they have developed this platform and what farmers can expect when they use it. Learn more online as well by visiting farmprofitmanager.app. We also begin the show with an agronomic conversation as Tryston Beyrer from The Mosaic Company joins us in Segment One and later in the show Brian Splitt from AgMarket.net joins us for more market analysis in Segment Four.

Cattle and soybean futures found some green on Friday while corn was dead quiet and KC wheat could not follow through after Thursday's strength on weather concerns. We get analysis and perspective on today's show as we start with Kyle Bumsted from Allendale who has perspective on the cattle and grain markets. In Segment Two, we talk with Joe Kooima from Kooima Kooima Varilek who helps us break down the cattle and hog market action from Friday and this past week. Then in Segment Three, we are joined by StoneX Senior Commodities Economist Mike Castle who breaks down the grain market trade to finish the week and provides thoughts on the fertilizer market action we are seeing currently.

Weather worries impacted the Kansas City wheat market on Thursday as the trade surged higher, spilling over into Chicago and Minneapolis wheat too. Cotton also saw some consolidation and support from the dry weather in the south it seemed on the day. Bryan Doherty with Total Farm Marketing joins us for analysis of the grain, livestock and dairy markets today. Find more online at https://www.totalfarmmarketing.com. Also, the market is still searching for clarity on border developments, especially after Brooke Rollins canceled her planned Friday visit to Arizona. On this week's Cattle Chatter, Brad Kooima at Kooima Kooima Varilek looks at how that uncertainty is adding to an already quiet tone in the cash market, where a standoff continues and could stretch through Friday's close. For now, cattle weights aren't raising major concerns, while attention is starting to turn toward seasonal demand. With one of the biggest grilling occasions of the year—Mother's Day on May 10—just around the corner, there's optimism that boxed beef values could see improvement in the weeks ahead.

KC wheat is leading the complex higher today as weather concerns return to the market trade while corn and soybeans are quiet. Mike Castle, Senior Commodities Economist at StoneX, joins us for analysis and perspective in our Market Talk Midday Commentary for Thursday, April 23rd, 2026.

At midweek, the commodity and livestock markets seem to be searching the latest Middle East headlines and weather forecasts for some direction. We break down the latest when it comes to energies, grains, livestock and financials with Mike Zuzolo from Global Commodity Analytics. Find more online at https://www.globalcommresearch.com. In segment two, we talk with Dylan Mangel, University of Nebraska plant pathologist, who shares some updates from The SCN Coalition's soybean cyst nematode management guide. He talks about some of the newest research and how they have expanded its reach by creating management guides to help farmers combat the emerging threats of root knot, reniform and lesion nematodes. You can learn more online by visiting https://www.thescncoalition.com.

Markets are mixed at midday on Wednesday as we search for direction in the headlines. Arlan Suderman with StoneX joins us to discuss in our Market Talk Midday Commentary for Wednesday, April 22nd, 2026.

Soybean oil surged again on Tuesday, which helped support soybeans in general. The grain markets continue to watch weather and headlines as we search for price direction while it was a mixed day in livestock. Jacob Burks with AgMarket.net joins us for analysis and perspective on today's show. Find more online at https://www.agmarket.net. Also, a new analysis from Hedgepoint Global Markets on Brazil's 2026/27 sugar and ethanol outlook points to a robust sugarcane crop in the Center-South region and continued structural pressure on global sugar prices. Livea Coda, Market Intelligence Coordinator for Hedgepoint Global Markets, joins us to share background and perspective on what this new analysis means for sugar and ethanol markets in Brazil, plus any global impacts.

Soybean oil is the leader at midday Tuesday while wheat is quiet even with poor crop ratings in the Plains. Mike Castle, Senior Commodities Economist at StoneX, joins us to discuss the latest market moves in our Midday Commentary for Tuesday, April 21st.

More headlines and uncertainty surrounding the Middle East war impacted outside markets to start the week, but what about grain and livestock trade? Are the ag markets getting tired of the constant headline news cycle? John Heinberg with Total Farm Marketing joins us to discuss the start of the week in the market trade. Find more at https://www.totalfarmmarketing.com. We had some intense severe weather last week across parts of the Midwest and now many are seeing cold temperatures to start this week. What exactly is going on with our current weather pattern in the U.S. and will it change anytime soon? Eric Snodgrass with Nutrien Ag Solutions joins us to discuss on our Weekly Weather Update. More at https://www.ag-wx.com.

More weekend headlines are at play in the markets on Monday. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to break it down in our Market Talk Midday Commentary.

It was another interesting week in the cattle complex as we saw plenty of volatility to finish out the week on Friday. Crude oil was also lower on Middle East peace optimism, which had a broad effect on the markets as well. Scott Varilek with Kooima Kooima Varilek joins us to share perspective and analysis of the livestock and grain markets on today's show. Find more online at https://www.kkvtrading.com. Also on today's show, as we examine the tight margins for farmers in early 2026, we get perspective on how interest rates are shaping the conversation along with exports, spring acreage and more. David Widmar from Agricultural Economic Insights joins us for a conversation as we look at this from a big picture standpoint. Find more online at https://www.aei.ag.

Crude oil is under pressure amid optimism for peace in the Middle East and that is weighing on the markets in many ways. Also, cattle futures have found heavy pressure at mid-morning as traders search for a reason. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss in our Midday Commentary for Friday, April 17th, 2026.

Wheat led the grain markets on Thursday while corn and soybeans traded quiet to lower on the day. Meanwhile, the cattle complex was under pressure again on the day. Bryan Doherty with Total Farm Marketing joins us to discuss the week in the trade. You can find more and reach out online by visiting https://www.totalfarmmarketing.com. We also have a new episode of Cattle Chatter this week with Susan Littlefield and Brad Kooima in Segment Two. And we get an early spring planting update from the eastern Corn Belt as Becks Hybrids agronomist Travis Coleman joins us for an update from southern Indiana.

Wheat has been the leader on Thursday with corn and soybeans quiet and more pressure in cattle. Arlan Suderman joined us to discuss in our Market Talk Midday Commentary for Thursday, April 16th, 2026.

Global energy supply shocks and weather are starting to take center stage it seems in the grain and livestock markets as we get to mid-April. What could this mean for the markets as we look ahead? Mike Zuzolo with Global Commodity Analytics joins us for analysis and perspective on today's show. Find more at https://www.globalcommresearch.com. We also get market analysis and commentary to get the show started in segment one as Arlan Suderman, Chief Commodities Economist at StoneX is with us for a midweek conversation. Find more at https://www.stonex.com.

This cattle complex continues to churn higher, with front month live cattle futures breaking above the $250 mark on Tuesday and many chart gaps getting filled in the complex. Do we still have room to run higher? What about that choice/select spread action as of late? Tyler Schau with AgMarket.net joins us to break it all down and share some thoughts on the grain complex as well to start the week. Find more online at https://www.agmarket.net. And, as we dive into spring planting season, U.S. weather becomes an increasingly important market factor in April and May. On top of that, we continue to have war and geopolitical pressures at play including the Middle East, U.S./China relations and overall inflation concerns. Shawn Hackett with Hackett Financial Advisors joins us for a conversation on today's show. Find more online at https://www.hackettadvisors.com.

Wheat and cattle are trading higher on Tuesday while corn and soybeans are quietly mixed. Crude oil is under pressure and the latest Producer Price Index data is out. We talk inflation, headlines and market action with Arlan Suderman from StoneX in our Midday Commentary for Tuesday, April 14th, 2026.

Wheat and crude oil were higher on Monday amid the U.S. naval blockade of Iranian ports and the Strait of Hormuz while soybeans and products were weaker with corn finishing slightly lower on the day. Livestock trade was a mixed bag in quiet action to start the week. John Heinberg with Total Farm Marketing joins us for analysis and perspective on the markets as we start the week. Find more at https://www.totalfarmmarketing.com. It's also another week of the weather pattern remaining quite the same as we expect severe weather from Texas to the Great Lakes while areas outside of that remain dry. Eric Snodgrass with Nutrien Ag Solutions joins us to discuss the forecast in our Weekly Weather Update. More at https://www.ag-wx.com. We also open Monday's show with an agronomic conversation as Jason Schley from BW Fusion joins us and we wrap in Segment Four as Susan Littlefield shares some market perspective from Matt Bennett with AgMarket.net.

What does the naval blockade of Iranian ports mean for the markets to start the week? Arlan Suderman with StoneX joins us to discuss moves in wheat and crude oil along with quieter action in corn, soybeans and livestock trade on Monday.

Soybeans and meal had a solid day higher on Friday, as we broke some key resistance levels on the May soybean contract. Meantime, the corn market was kind of a disappointment this week according to DuWayne Bosse with Bolt Marketing. We talk grain market technicals, spring planting and acreage debates, high input costs and dive into the cattle/hog markets as well. Find more online at https://www.boltmarketingllc.com. Workers at JBS in Greeley, CO returned this week as negotiations continue. Did that have any impact on this week's cattle market? What about a slower week of cash trade, did that have an impact? We get into those topics along with the choice/select spread, a sideways hog market and more with Joe Kooima from Kooima Kooima Varilek on today's show. Find more online at https://www.kkvtrading.com. Also, we start the show by sharing a dairy market conversation from Friday between our own Susan Littlefield and Shawn Hackett from Hackett Financial Advisors in Segment One.

A quieter day on Friday with soybeans and meal higher while corn and wheat were trading lower through midday. Arlan Suderman from StoneX joins us to discuss the grain, livestock and outside markets including the latest inflation data out today.

There were minimal changes and no surprises in the April WASDE Report from USDA on Thursday. There was an interesting tweak to soybean crush along with U.S. and World wheat ending stocks. But overall, markets had a quiet reaction on the day. Bryan Doherty with Total Farm Marketing joins us to recap the report and look big picture at grains, livestock and dairy on today's show. More at https://www.totalfarmmarketing.com. Also on today's show, it's another episode of Cattle Chatter as Susan Littlefield is joined once again by Brad Kooima from Kooima Kooima Varilek in Segment Two of today's show. Find more online at https://www.kkvtrading.com.

USDA left U.S. corn and soybean ending stocks unchanged from March while raising U.S. and World wheat ending stocks. Overall, not many surprises in the April WASDE Report. We get a recap from Arlan Suderman, Chief Commodities Economist at StoneX, in our Market Talk Midday Commentary.

We saw crude oil fall nearly 18% on Wednesday while the stocks and equities soared after a ceasefire announcement between the U.S. and Iran on Tuesday night. What does this mean for the ag markets, shipping through the Strait of Hormuz and more moving forward? Plus, what about potential surprises in Thursday's April WASDE Report on deck from USDA? Mike Zuzolo with Global Commodity Analytics joins us to discuss those topics and take a deep dive into cattle and hog market trends as well. Find more online at https://www.globalcommresearch.com.