Market Talk

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.

A ceasefire in the Middle East has the markets moving on Wednesday, with energy and equities in particular seeing volatility. Mike Castle, Senior Commodities Economist at StoneX, joins us to discuss in our Midday Commentary.

On today's show, as the markets seemingly wait for the next war or weather headline, we take a moment to break down some old and new crop charts for corn and soybeans. Are we setting up for a move in these markets anytime soon? Brian Splitt with AgMarket.net walks us through things and shares perspective on today's show. Find more at https://www.agmarket.net. In Segment Two of today's show, we learn about the Rezidue Reaper, a new corn head-mounted attachment distributed by Thunderstruck Ag, designed to address certain problems during harvest instead of after. Co-inventor Tanner Schoff joins us to tell us more.

Grain and livestock markets are quiet to lower at midday on Tuesday as the world watches and waits on the 8pm EST deadline by President Trump for a ceasefire agreement to be made with Iran. Mike Castle, Senior Commodities Economist at StoneX, joins us to discuss that along with weather importance moving into April and perspective on the global fertilizer situation after a new India urea tender in our Market Talk Midday Commentary for Tuesday, April 7th, 2026.

Grain and livestock markets were mixed on Monday as traders search for direction coming out of the holiday weekend. John Heinberg with Total Farm Marketing joins us to discuss what he's watching in the markets as we start the first full week of April. More at https://www.totalfarmmarketing.com. As we enter the first full week of April, the U.S. drought monitor shows nearly 80% of the country in some form of drought. Will we start to see any beneficial moisture this week or into April that could help alleviate some of the drought concerns? Eric Snodgrass with Nutrien Ag Solutions joins us to discuss on our Weekly Weather Update. More at https://www.ag-wx.com.

Grain and livestock trade is fairly quiet to start the week, as the world watches the war in the Middle East for further developments out of the holiday weekend. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss the ag markets, the latest jobs report and more.

Markets are closed for Good Friday, but we kickoff the show with some commentary from StoneX Senior Commodities Economist Mike Castle who gave us some new perspective on energies, fertilizer and the macro markets on Thursday of this week. Then in Segment Two, we lean in on the spring planting conversation and considerations you should have before you hit the field. Zach Thompson, retail sales agronomist for Brevant® seeds, joins us for the conversation. We close the show in Segments Three and Four with more perspective on the war with Iran's impact on global fertilizer production, availability, pricing and more. David Delaney, CEO of Itafos, a vertically integrated phosphate producer with operations in the U.S. and Brazil, joins us to share his insights and perspective on the situation.

Grains and livestock markets were mixed to end the week of trade on Thursday while we saw more volatility in the outside markets, like crude oil, stocks and gold. How much is weather going to start driving the market trade in the month of April? What could high diesel prices mean for your risk management? Bryan Doherty with Total Farm Marketing joins us today for analysis and perspective. Find more online at https://www.totalfarmmarketing.com. Also, we have a brand new episode of Cattle Chatter in Segment Two as Susan Littlefield is joined by Brad Kooima from KKV Trading to break down what is happening this week in the cattle and livestock markets. Find more at https://www.kkvtrading.com.

The grain and livestock markets had plenty of news to work with on April Fools Day as wheat markets felt pressure, with futures sliding 10-20 cents as war risk premium came out of the market. Corn and soybeans continued to digest USDA's round of reports from Tuesday, while cattle edged modestly higher. All of this amid a holiday-shortened week with Good Friday on the horizon. Mike Zuzolo with Global Commodity Analytics joins us to discuss war, weather and what to watch next. Find more online at https://www.globalcommresearch.com. We also have a conversation about evaluation your fertilizer ROI and talk agronomics in general as spring planting ramps up. Reid Abbott, Great Plains Regional Sales Agronomist for AgroLiquid, joins us to discuss. Learn more and find tons of resources online as well at https://www.cropnutritionweek.com.

The much-anticipated USDA Prospective Plantings and Quarterly Grain Stocks reports were released Tuesday, March 31st — and one of the main takeaways: America really likes to grow corn. Corn acreage came in higher than expected, while soybeans and wheat were slightly below estimates. Grain stocks were also higher across the board compared to last year. Jim McCormick from AgMarket.net joins us to break it all down. Find more at https://www.agmarket.net

USDA projected higher than expected corn, lower than expected soybean and wheat acres for 2026 in the latest Prospective Plantings report. We also saw the release of the updated Quarterly Grain Stocks report on Tuesday as well. Arlan Suderman, Chief Commodities Economist at StoneX joins us for a recap in our Midday Commentary.

Crude oil surged again on Monday as the grain and livestock markets were mixed to mostly higher. Between war headlines, Tuesday's USDA reports, a holiday shortened week AND the end of the month/quarter; there is going to be plenty of market forces at play this week. John Heinberg with Total Farm Marketing joins us to discuss on today's show. Find more at https://www.totalfarmmarketing.com. There has been more and more talk about the potential of seeing the 2012 weather pattern get repeated in 2026. Is that truly about to happen? Eric Snodgrass with Nutrien Ag Solutions shares his thoughts on that, his new ELVIS model and more in our Weekly Weather Update. Find more online as well at https://www.ag-wx.com. Also, ahead of the USDA's Prospective Plantings report release, FBN has released their 2026 Planting Intentions Report. Their survey says corn acres will hold stronger than expected while soybean acres will be higher this year. Meantime, wheat and cotton acres could face pressure. Cody Bills with FBN joins us to discuss. View their full report here: https://www.fbn.com/direct/resources/planting-intentions-report?srsltid=AfmBOooYQ4qGtPbeQ5YkilXgJCaY1D4g5Sf9UQO-kTZEcKXf7e-FIooU

We see more volatility in the markets to start the week with war headlines, USDA reports, RVO news and more at play. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss on today's Market Talk Midday Commentary for Monday, March 30th, 2026.

The long awaited Renewable Fuel Standard (RFS) "Set 2" final rule has been announced by the EPA, yet the corn and soybean markets ended up selling off into the close on Friday. Most of the industry has been happy with the RVO news, so what happened to the markets to end the week? We unpack all of the headlines on today's show with Brian Grete, Sr. Grain and Livestock Analyst for Commstock Investments. Find more online at https://www.commstock.com. Also, the cattle market tore higher on Friday with hogs following suit. Was there any noteworthy news to drive the trade or was it just money flow and fundamentals at play? We try to make sense of the activity and look at the livestock complex to close the week with Scott Varilek from Kooima Kooima Varilek out of Sioux Center, IA on today's show as well. Find more at https://www.kkvtrading.com.

Arlan Suderman with StoneX joined Jesse Allen to discuss the Friday market action at midday. NOTE: they did talk ahead of the release of the RVO/RFS details from EPA.

Susan Littlefield sits in for Jesse Allen on Thursday's Market Talk and has conversations with Sam Hudson from Cornbelt Marketing, John Heinberg from Total Farm Marketing and an episode of Cattle Chatter with Joe Kooima from KKV Trading.

Crude oil, biofuels policy and weather are the key drivers of the market trade at midweek. Mike Zuzolo with Global Commodity Analytics joins us to unpack the headlines and try to put the puzzle together for the grain complex. We also touch on the livestock trade and some key trends to watch there. Find more at https://www.globalcommresearch.com. Also, we have a conversation about BASF launching Circalo™: Low Carbon Intensity Crops, a comprehensive, unified platform designed to connect farmers, agronomists and ethanol producers with the tools needed to help operationalize agricultural carbon intensity under evolving regulatory frameworks, including the Clean Fuel Production Credit, Section 45Z. Chad Asmus, Sustainability Market Development Manager for BASF Agricultural Solutions, joins us for a conversation in Segment Four.

Rumors of an EPA announcement of a summertime waiver for E15 are being traded in the markets at midweek, along with hopes for RVO details to come soon and weather starting to work back into the conversation. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss in our Midday Commentary.

Another day of headline risk at play in the markets on Tuesday with the Iran war and RVO rumors playing into the trade action. Jacob Burks with AgMarket.net joins us to discuss the rumors in the trade, a look ahead to next week's USDA acreage report and much more. Find more online at https://www.agmarket.net. Also in Segment Four, we share a conversation from Monday afternoon at the National Grain and Feed Association convention with Matthew Connelly from Hedgepoint Global Markets about the overall volatility in the marketplace.

Markets are mixed on Tuesday as we see more headline volatility at play. Arlan Suderman with StoneX joins us to discuss the latest headlines and the added volatility to the markets.

Monday was another day of headline news risk and volatility in the markets. We catch up on the latest market moves in grains, livestock, energies and the stock market as we start the week with John Heinberg from Total Farm Marketing. Learn more online by visiting https://www.totalfarmmarketing.com. We are seeing a rollercoaster of weather with record heat over the weekend, coming off a recent blizzard. What does the temperature and precipitation outlook show us for the next few weeks ahead? Will we see some drought relief in the plains? And what's this "Godzilla El Niño" talk on social media? Eric Snodgrass with Nutrien Ag Solutions joins us to discuss on our Weekly Weather Update. Find more at https://www.ag-wx.com. We also get the show started talking seed treatments with Troy Bauer from BASF and close things in Segment Four with Susan Littlefield and Jim McCormick from AgMarket.net talking markets after Monday's session.

We see more volatility in the markets tied to headline news risk from the Middle East. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to run through what's happening to start the week in our Midday Commentary. We also touch on more RVO rumors and some positivity in the livestock complex.

As war continues to rage on in the Middle East, we have seen attacks on key energy infrastructure this week that could take years to rebuild. What does that mean for the longer term impacts on fertilizer pricing and supply? Mike Castle with StoneX joins us to share perspective on what's happening with fertilizer and the longer term farmer impacts we could see ahead. It was also a "Steady Eddie" kind of week in the cattle complex as we wrapped up trade on Friday. Amid the on-going volatility we saw firm cash and futures that worked back and forth throughout. Joe Kooima with Kooima Kooima Varilek joins us to wrap up the week in the market trade, thoughts on cattle and a quiet hog market plus a look at the pressure to end the week in the grain markets. And we close the show with a recap of the latest Cattle on Feed report that just came out with Kyle Bumsted from Allendale and Jesse has a look at the closing markets to end the week in Segment Four of the show.

We saw corn and soybean futures find support to the upside on Thursday, while the livestock complex traded lower with feeder cattle the leader to the downside. Geopolitical risk from disruptions in the Strait of Hormuz and attacks on energy infrastructure have reinforced some inflationary narratives, drawing speculative interest back into grain markets. Bryan Doherty with Total Farm Marketing joins us for a conversation about this week's trade in Segments Three and Four while we get perspective on the impacts to fertilizer and gas production in the Middle East as Melih Keyman is the Founder, President, and CEO of Keytrade, one of the world's leading fertilizer trading companies, joins the show. In Segment One, we get things started with a new episode of Cattle Chatter as Susan Littlefield is joined once again this week by Brad Kooima from Kooima Kooima Varilek. You can watch their full conversation as well on YouTube: https://www.youtube.com/@markettalkag

It's mixed action in the grain complex at midday Thursday while we see more movement in energies and fertilizer. Mike Castle with StoneX joins us to discuss in our Market Talk Midday Commentary for Thursday, March 19th, 2026.

The grain markets moved higher on Wednesday as energy prices continue to lead the way, while the weather story may also be starting to play a role. Mike Zuzolo with Global Commodity Analytics joins us to discuss the market action at midweek included influences from the Middle East/energy price volatility, weather, the Fed and inflation concerns, the Jones Act waiver announcement on Wednesday, this week's cattle trade and so much more. Find more at https://www.globalcommresearch.com. Also, we discuss the use of AI and robotics in agronomy. Taylor Wetli is US Commercial & Business Development Manager for Solinftec and he joins the show to tell us more about the work they are doing to bring new technologies to the farm. Find more online at https://www.solinftec.com/en-us.

Grains and oilseeds are finding support at midweek as energy prices continue to move higher. We also saw some hotter than expected inflation data out this morning while livestock trade is seeing some profit taking. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss in our Market Talk Midday Commentary for Wednesday, March 18th, 2026.

Markets are reacting to news that a meeting between Donald Trump and Xi Jinping could still be five to six weeks away. At the same time, Brazil has resumed shipping soybeans to China as harvest picks up pace. Additional pressure is coming from fertilizer markets and rising oil storage levels. Despite that, grains managed to bounce back on the day, with some optimism building around the crushing sector. In livestock, the cattle market is keeping a close eye on a potential JBS strike, all while preparing for Friday's closely watched Cattle on Feed report. Susan Littlefield sits in for Jesse Allen today and has a conversation with Matt Bennett from AgMarket.net. Also, she talks with Mike Zuzolo in Segment Two of the audio only podcast and gets an update on Nebraska wildfires in Segment One with Craig Uden from Nebraska Cattlemen.

It was a rough start to the week on Monday, March 16th, 2026 as the entire soy complex came under heavy selling pressure. What led to soybeans, meal and soybean oil being down daily limits? John Heinberg with Total Farm Marketing joins us to discuss headline news impacts, fund positioning in corn and soybeans, cattle market strength and more. Find more online at https://www.totalfarmmarketing.com. Also on today's show, we talk a lot about futures and options but what about ETFs for individual agricultural commodities like corn, wheat, and soybeans? What is an ETF exactly and how is it different? Sal Gilbertie of Teucrium Trading, a firm that deals with commodity ETFs, joins us for a conversation about how to use commodity ETFs as a modern risk management tool in today's farm economy. Learn more online at https://teucrium.com.

The soy complex is under heavy pressure to start the week and that is spilling over into corn and wheat as well. Arlan Suderman with StoneX joins us to discuss in our Midday Commentary.

More volatility was seen this week in the markets as we continue to trade off headlines from the Middle East and much more. We open the show with perspective on the recent market volatility and look at some bigger picture trends with Shawn Hackett from Hackett Financial Advisors in Segment One. In Segment Two, we discuss a mixed bag of back and forth trading in cattle that was seen on Friday. Joe Kooima with Kooima Kooima Varilek joins us and highlights how we need to pay attention to the upcoming kill for some potential cattle market direction. And as much as the volatility can create opportunity, you have to remember to keep your orders working in this market to take advantage of the market moves. We talk about that and much more in Segment Three and Four with Kristi Van Ahn-Kjeseth from Van Ahn & Company on today's show.

It's a mixed bag in Friday's market trade with wheat seeing a rally into the weekend. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss the markets heading into the weekend.

Crude oil worked higher again on Thursday and that helped to pull the grain complex higher as well (although we did finish a bit off of session highs on the day). Meantime, the cattle complex also saw a nice rally from the lows into the close. Bryan Doherty with Total Farm Marketing joins us again this week to discuss the ongoing volatility in the markets. More at https://www.totalfarmmarketing.com. And speaking of the cattle complex, we get perspective on the volatility and more with this week's episode of Cattle Chatter. Susan Littlefield is joined once again by Brad Kooima from Kooima Kooima Varilek for this week's conversation. Find more online at https://www.kkvtrading.com.

More volatility is being seen in the markets on Thursday with crude oil on the rise once again, pulling grains and oilseeds higher with it. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss the movement in the markets during the StoneX Ag & Dairy Market Outlook meeting in Nashville, TN.

War headlines continue to drive the energy markets at midweek along with RVO rumors and more, which caused grains and oilseeds to work higher on Wednesday. Mike Zuzolo with Global Commodity Analytics joins us to break down the volatility, what it means for inflation concerns and a look at more up and down in the cattle complex as well. Find more online by visiting his website at https://www.globalcommresearch.com. Also, in Segment Two, we hear more about PI AgSciences, Inc. new novel biochemical technology for crop defense against parasitic nematodes. Wes Hays, North America commercial lead, Brands, at PI AgSciences, joins us for a conversation.

Minimal changes were noted in the March WASDE Report out from USDA on Tuesday as the markets continued to trade more on Middle East headlines, with algorithmic trade leading the charge. Tyler Schau with AgMarket.net joins us for a wide ranging discussion on market volatility, risk management, cattle market moves and much more. More at https://www.agmarket.net. We also listen back to our Midday Commentary and analysis from Arlan Suderman at StoneX to open the show and then get a recap of the National Farmers Union convention with Rob Lee from the South Dakota Farmers Union in Segment Four.

The March WASDE Report was released by USDA on Tuesday and it reflected minimal changes to the domestic and global balance sheets overall. In fact, USDA made no changes to U.S. corn, soybean or wheat ending stocks estimates with some slight changes on various global balance sheets. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to recap the WASDE and discuss the ongoing influence from the Middle East headlines on the markets.

Another day of volatility in the commodity markets on Monday as grains and oilseeds, along with livestock, settled the session mostly mixed to lower. Crude oil finished well off session highs after spiking to near $120 overnight as Middle East headlines continue to flow.  John Heinberg from Total Farm Marketing joins us in the back half of today's show for a conversation while we also get insight from Mike Castle with StoneX in Segment Two. At the start of the show, we take a look at more severe weather risk this week and discuss the forecast with Eric Snodgrass from Nutrien.