Market Talk

USDA released the Quarterly Grain Stocks and Small Grains Summary reports on Tuesday, showing more bearish news for the corn and wheat markets overall. What do these numbers mean for the grain complex moving forward? Could some of these numbers have an impact on livestock markets as well, especially considering feed usage? Tyler Schau with AgMarket.net joins us today to recap the reports and share analysis and perspective on the show. Learn more at https://www.agmarket.net.  

The latest Quarterly Grain Stocks and annual Small Grains Summary reports are here from USDA. We get a recap and analysis of the numbers with Arlan Suderman, Chief Commodities Economist at StoneX, in our Midday Commentary.

Ahead of the end of the month, end of the fiscal quarter and Tuesday's Quarterly Grain Stocks and Small Grains Summary reports from USDA, we had a fairly quiet and calm market trade to start the week. Grains chopped in a narrow range while livestock were mixed to lower. John Heinberg from Total Farm Marketing joins us to discuss on today's show. Learn more online at https://www.totalfarmmarketing.com. As we flip the calendar to October, it appears we are going to have another week or so of wide open harvest weather across much of the Midwest. What impacts could we see from Tropical Storm Imelda in the Southeastern U.S. along with a potential pattern shift in mid-October? Eric Snodgrass with Nutrien Ag Solutions joins us for our Weekly Weather Update to discuss U.S. weather and offer some updates on weather in South America. Learn more online at https://www.ag-wx.com. We also start the show today with market reaction from Monday's trade and have a conversation with Tyler Schau from AgMarket.net in Segment One.

We see mixed action at midday Monday in the grain and livestock sector. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss early week trade action, end of the month and quarter ahead, Tuesday's USDA reports and more.

It was another interesting week in the markets as we saw all the news surrounding Argentina, the U.S. monetary bailout, the Argentine sales to China and more. A topic that has been weighing on me for awhile is that it sure seems like China is not coming back to the U.S. in a meaningful way for things like soybeans. But, the root of the problem really goes back throughout multiple administrations. We wade into this conversation to close out the week with Kristi Van Ahn-Kjeseth with Van Ahn & Company. More at https://www.vanahnco.com.

Grains are mixed as we near the end of the week. We talk about this week's trade and get perspective on fertilizer prices as Mike Castle, Senior Fertilizer Analyst at StoneX, joins us for our Midday Commentary.

Geringhoff has been in the business of making corn heads, draper heads and harvesting solutions for 145 years. During the 2025 Farm Progress Show, we talked with Geringhoff Director of Sales Craig Lee to learn more about the XFR 50 draper head and more of the great products they had on display. You can learn more online at https://www.geringhoff.com.

On Friday, there was word of no deal between the U.S. and China regarding soybeans. Meantime, there is more talk this week of a potential bridge payment for farmers amid the current state of the farm economy. Could a farm payment have a negative impact on the markets? What about the upcoming shipping fee deadline? There are a lot of things to talk about as we close out the week with Ted Seifried from Zaner Ag Hedge. Learn more online at https://www.zaner.com.

It appears the lack of news regarding a soybean deal with China on Friday is putting pressure on the soy complex while livestock trades mostly higher into the weekend. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss in our Midday Commentary for Friday, September 19th, 2025.

Grain markets were quietly lower on Thursday, seemingly waiting on the next headline to move the markets. Could that be something from Friday's expected President Trump/President Xi conversation? Could it be more concrete yield results from harvest? We take a look at this week's trade and get perspective from Bryan Doherty, Senior Market Advisor at Total Farm Marketing. More online at https://www.totalfarmmarketing.com. Also, the roller coaster ride in the cattle market carried over into Thursday's trade, as volatility remained the theme. On this week's Cattle Chatter with Brad Kooima of Kooima Kooima Varilek we assess the chart damage from last week's selloff, which left the market searching for support. One factor in play is the regional difference in supply. The South continues to show larger cattle numbers, while the North is running tighter, yet more cattle are being moved south to fill pens. At the same time, carcass weights are edging higher, adding additional tonnage to overall supplies. On the technical side, analysts are keeping a close eye on the 20- and 40-day moving averages. Those levels will be key in determining whether the market can stabilize or if more downside pressure is ahead. For now, the tone remains cautious as traders weigh both fundamentals and technical signals.

We saw an expected rate cut confirmed by the Federal Reserve on Wednesday. What does that mean for the U.S. dollar, the broader economy and the commodity markets moving forward? Plus, more pressure in cattle futures ahead of Friday's on feed numbers. Mike Zuzolo with Global Commodity Analytics joins us to break it all down on today's show. Learn more online at https://www.globalcommresearch.com. Tar spot continues to be an issue for many growers up and down the Corn Belt in 2025. Jonathon Howe, retail sales agronomist for Brevant seeds, joins us to discuss how to overcome tar spot. He shares how pressure was in his area of Indiana this season and how seed selection play into combatting tar spot. Learn more online at https://www.brevant.com.

We saw a solid turnaround Tuesday in the grain markets while it was a mixed affair in livestock. As we get ready to ramp up harvest season in a big way, are we simply marking time in these markets until more concrete yield results come in? Matt Bennett with AgMarket.net joins us to discuss yield potential, risk management, thoughts on 2026 marketing and more. Find more online at https://www.agmarket.net. Also, we get an update on HPAI being detected in a Nebraska dairy herd with Susan Littlefield and more news on today's show in the audio podcast version.

Grains are trading higher at midday with mixed action in the livestock trade. Arlan Suderman with StoneX joins us for perspective in our Midday Commentary for Tuesday.

Feeder and live cattle futures found solid support to start the week on Monday while the grains and oilseeds were mixed to lower to start the week. We discuss reaction to Friday's WASDE report, cattle volatility and more with John Heinberg from Total Farm Marketing. More online at https://www.totalfarmmarketing.com. As U.S. harvest ramps up over the next few weeks, we continue to have building drought concerns in parts of the eastern Corn Belt and mid-south that are affecting Mississippi River levels and more. What does this finish to the growing season mean as harvest nears? Eric Snodgrass with Nutrien Ag Solutions joins us to discuss that and more in our Weekly Weather Update. Learn more at https://www.ag-wx.com. Brett Leahr, AgriGold agronomist based in Illinois, joins us for a late season update from central Illinois and how things are shaping up heading into the heart of harvest season. He also discusses the importance of considering genetic diversity when placing your seed order for 2026. Learn more online as well at https://www.agrigold.com.

It's a mixed start to the week in the grain trade with the outside markets awaiting the Federal Reserve meeting and a possible rate cut later in the week. Meantime, the cattle markets is on a tear to the upside to start the week in feeder and live cattle futures. Arlan Suderman with StoneX joins us to discuss in our Midday Commentary for Monday, September 15th, 2025.

The September WASDE Report was released on Friday and it included an expected drop in U.S. corn yield estimates but a surprise increase in corn acres. We break down the report, a strong close in corn and soybeans on Friday and get perspective on the livestock trade. Bryan Doherty with Total Farm Marketing joins us to discuss. More at https://www.totalfarmmarketing.com. Also on the show Kyle Malcolm, LG Seeds agronomist covering eastern Indiana and Ohio, joins us for an update on the growing season and how things are shaping up for fall harvest. He also encourages farmers to monitor corn stalk health as harvest approaches and the impact the weather and crop disease has had on stalk health and standability in his area. More at https://www.lgseeds.com.

The September WASDE report is out from USDA and it featured a drop in average corn yield but an interesting increase in corn acreage. We look at the numbers and get analysis from Arlan Suderman, Chief Commodities Economist at StoneX, in our Midday Commentary.

Heading into the September WASDE Report from USDA on Friday, what is the mood of the grain trade nearing harvest? Are we pricing in the potential of lower yield estimates? What are we continuing to see with cash basis in parts of the Corn Belt? How is the overall economy factoring into the equation? Many questions that we discuss and get perspective on today from Tommy Grisafi with Nesvick Trading and Ag Bull Media. Learn more online at https://www.agbull.com. Plus, this cattle market has been all over the board. On this week's Cattle Chatter, Brad Kooima with Kooima Kooima Varilek breaks down the price action, including why Wednesday's trade made an about-face. Right now, the South is carrying a premium over the North, yet more northern cattle are being trucked south to fill pens. Cash has been trending lower, but with feed costs and weather still working in their favor, feeders continue to hold the advantage. Also today we hear from Samantha Angotti, LG Seeds agronomist based in Wisconsin, to provide a crop update from her region, late season scouting importance and tips on selecting seed for 2026. Learn more at https://www.lgseeds.com.

Soybeans are leading the grains while cattle are leading the proteins at midday on Thursday. We discuss the markets, look at the new CPI data and more with Arlan Suderman, Chief Commodities Economist at StoneX.

We saw soybeans lead a mostly lower grain trade across the board on Wednesday. Could war and geopolitical tensions in Europe possibly drive some rally in commodities like soybeans and wheat? Also, what about a slight bounce back in cattle on Wednesday? Mike Zuzolo with Global Commodity Analytics joins us for analysis on today's show. Learn more online at https://www.globalcommresearch.com. We also get a fertilizer market update in Segment Two amid rising tensions in Europe. Mike Castle, Senior Fertilizer Analyst at StoneX joins us for a conversation on today's show.

We see a mixed to lower grain trade and a mixed to higher livestock trade at midweek. Arlan Suderman, Chief Commodities Economist at StoneX joins us to discuss grain, livestock and outside market news for Wednesday, September 10th, 2025.

We saw heavy technical losses in feeder and live cattle on Tuesday while the grain markets were mixed to slightly lower. Cory Bratland from AgMarket.net joins us for some technical analysis of the grain and livestock markets along with thoughts on yield potential ahead of Friday's USDA WASDE report. Find more online at https://www.agmarket.net.

Grains are mixed to quietly lower on Tuesday while we see heavy pressure in cattle futures. Plus, newly introduced legislation on Capitol Hill seeks to block the reallocation of small refinery exemptions (SREs). What could that mean for the industry? Arlan Suderman with StoneX joins us to discuss in our Midday Commentary.

Soybeans, KC wheat and spring wheat led the grain complex to a strong finish on Monday. Did frost concerns and a dry/hot forecast ahead play a role? Also, mixed action in livestock to start the week and what about a dairy market that has seen volatility recently? John Heinberg with Total Farm Marketing joins us to discuss on today's show. More online by visiting https://www.totalfarmmarketing.com. We saw frost over the weekend in many parts of the Upper Midwest and Northern Plains. Did that lead to some late season damage to corn and soybean crops? Also, could we see a big warmup on the way heading into harvest season? Eric Snodgrass with Nutrien Ag Solutions joins us to discuss in our Weekly Weather Update. More at https://www.ag-wx.com.

Wheat leads a mixed grain markets to start the week on Monday while cattle are also leading a mixed livestock trade. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss grain, livestock and outside market trade to start the new week.

Susan Littlefield sits in for the Friday, September 5th episode of Market Talk. She has market conversation with PJ Conradt and Bryan Doherty as well as the latest episode of Cattle Chatter with Brad Kooima from KKV Trading.

Corn and soybeans found a solid close on the day Thursday while KC wheat was able to reverse off lows to some degree as well. Have we possibly put in a harvest low in the grain markets? How has weather impacted the finish to this crop season? Also, we saw more pressure in cattle futures and that makes you wonder if the top is in there? Shawn Hackett with Hackett Financial Advisors joins us to break this all down on today's show. More at https://www.hackettadvisors.com. Also, as harvest approaches in the Northern Plains and northwestern Corn Belt, many soybean growers are facing cash basis that is crumbling amid a lack of business to China through the PNW. Jim Thompson, chairman of the ND Soybean Council, and Justin Sherlock, president of the ND Soybean Growers Association, joined us to discuss the current situation with North Dakota soybeans and the trade and export issues with China. In Segment One, we learn more about Elanco Animal Health launching a new low-endotoxin vaccine that is tough on disease, but easy on cattle. NUPLURA™ PH+5, which targets respiratory and reproductive pathogens in cattle, is now available for purchase. Dr. Brett Terhaar, Elanco Beef Technical Consultant, joins us to discuss. To learn more, visit farmanimal.elanco.com/us/cattle/product/nuplura, contact your herd health veterinarian or Elanco representative.

Grains and oilseeds are mixed to lower again on Thursday while the outside markets are also quiet. Livestock trade is showing more pressure in cattle futures as well today. Arlan Suderman from StoneX joins us to discuss in our Midday Commentary for Thursday, September 4th, 2025.

We saw a lower day across most commodities and livestock futures on Wednesday as soybeans were again the downside leader. Mike Zuzolo with Global Commodity Analytics joins us on the show to discuss crop conditions nearing harvest, crumbling soybean basis levels, technical analysis of the grains and a look into the cattle complex as well. Find more online at https://www.globalcommresearch.com.

Grain and livestock markets are mostly lower on Wednesday. Arlan Suderman from StoneX joins us for analysis on what is driving midweek trade in our Midday Commentary for Wednesday, September 3rd, 2025.

Soybeans struggled to start the month of September with futures down double digits and cash basis continuing to look horrendous in many areas of the northwestern Corn Belt. Meanwhile, corn had another solid day with small gains out of the Labor Day weekend while cattle finished mixed after a higher start. Brian Splitt with AgMarket.net joins us for a conversation and technical analysis of the markets to start the month of September. Find more online at https://www.agmarket.net. There is some talk of frost across parts of the Upper Midwest, maybe even as far south as northern Iowa, later this week. We get an update on that potential, talk about the dry August, low Mississippi River water levels again and much more. Eric Snodgrass with Nutrien Ag Solutions joins us for our Weekly Weather Update. More at https://www.ag-wx.com. And as corn enters the home stretch of the 2025 season, many farmers are heading out to their fields to estimate yields. AgriGold Agronomist Sam McCord has some important tips to consider when estimating yield and why it's important to fine-tune field-by-field yield estimates. Learn more as well online at https://www.agrigold.com.

Soybeans are under pressure to start the new month of trading while the cattle complex is finding more support to start the week. Arlan Suderman from StoneX joins us for analysis in our Midday Commentary for Tuesday, September 2nd, 2025.

On this Labor Day episode of Market Talk, Jesse Allen recaps Friday's market action before we listen back to a conversation last week at Farm Progress Show with Matt Bennett from AgMarket.net. We also have Corryn La Rue join us to share a conversation with Gary Berg from the United Soybean Board last week at FPS 2025 as well.

On Friday's Market Talk, we hear this week's episode of Cattle Chatter with Susan Littlefield and Brad Kooima to start the show before an update on early harvest in the south with Chris Ouzts from AgriGold. Then, we talk markets with Steve Nicholson from Rabobank during this week's Farm Progress Show and close things out with Clay Creighton from Agoro Carbon Alliance also at this week's FPS.

Corn and cattle are showing some strength ahead of the Labor Day weekend. We talk markets with Arlan Suderman from StoneX in our Midday Commentary for Friday, August 29th, 2025.

On this episode, we wrap up from day three of the 2025 Farm Progress Show in Decatur, IL. We talk markets with Arlan Suderman from StoneX plus we look at trade and the ag economy with American Soybean Association President Caleb Ragland. The show starts with a look at Brevant E3 Enlist soybeans and more with Brevant Seeds Area Product Manager Brad Foresman. Learn more online at https://www.brevant.com. We also get some tire tips from Chris Neidert with Trelleborg and Mitas from the show grounds in Segment Four.

Market Talk Live from The Farm Progress Show in Decatur, Illinois We talk with the team at Geringhoff about 145 years of business, the new XFR50 and more. Plus, we look at markets with Ted Seifried from Zaner Ag Hedge in the middle of the show.

Market Talk Live from The Farm Progress Show in Decatur, Illinois  Today, we hear from the folks with Beck's about some of their new products, crop conditions, Becknology days and more. Then, we talk markets in the middle of the show with Matt Bennett from AgMarket.net.

A case of new world screwworm was confirmed over the weekend in a human, who recently traveled to Central America from the U.S. and back home to the east coast. That gave us plenty of volatility in the cattle markets on Monday and we ended up mostly near unchanged. Meantime, grains and oilseeds were mixed to firm on the day with some profit taking in soybeans and soybean oil. John Heinberg with Total Farm Marketing joins us to discuss in our market analysis for Monday. More at https://www.totalfarmmarketing.com. Some chilly overnight temperatures and daytime highs in the 70s for much of the Midwest to close August.......that's not something you typically see for this time of year. Eric Snodgrass with Nutrien Ag Solutions joins us to discuss that, precipitation outlooks and more in our Weekly Weather Update as we head towards Labor Day. More at https://www.ag-wx.com. Also, LG Seeds has new product offerings available for the 2026 growing season that can help you stand out with a strong potential yield gain and more. Dustin Bowling, LG Seeds brand product manager, talks about the new offerings, the importance of a diverse product lineup and the intense selection process each hybrid goes through. Learn more online by visiting https://www.lgseeds.com.

New world screwworm was confirmed in a human over the weekend who recently traveled to Central America. We talk about that impact on the cattle market, a mixed day overall in grains and thoughts on the latest outside market moves. Arlan Suderman with StoneX joins us for our Midday Commentary.

Friday wrapped up a fairly busy week of news for agriculture as EPA announced a decision on small refinery exemptions, that was mostly a non-factor in Friday's grain trade. We also saw new yield estimates out from this week's Midwest Crop Tour that are a bit lower than USDA. And......cattle continued to impress into the weekend. DuWayne Bosse with Bolt Marketing joins us to discuss and close out the week of trade. Find more online by visiting https://www.boltmarketingllc.com. Also, it has been a major talking point on social media and throughout the grain markets this week.....what did scouts see on the Midwest Crop Tour? Is the massive crop being forecast actually out there? Ted Seifred with Zaner Ag Hedge joins us to share his thoughts on what he saw during his time on the western leg of the tour for 2025. More at https://www.zaner.com. And corn rootworm continues to be a pesky issue for many corn growers across the Midwest and it has really become a year-round management issue. Brian Ternus, LG Seeds agronomist in Minnesota, wants farmers to consider how they manage corn rootworm when they make their seed selections for the 2026 crop season. We also discuss extended diapause of northern corn rootworm and get tips on management. More at https://www.lgseeds.com.

As the EPA announced its decision on small refinery exemptions on Friday morning, we saw a somewhat muted response in the markets. We also have news coming out of the Jackson Hole meeting with Fed Chair Jerome Powell that has sent the stock market higher at midday. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss in our Market Talk Midday Commentary.

Soybeans and soybean oil were the upside leader on a mostly positive trading day Thursday. Was it the news announcement of details for the U.S./European Union trade framework that included many ag products like soybean oil? Was it a general bounce in the market? Bryan Doherty, Senior Market Advisor with Total Farm Marketing joins us to discuss the trade action in grains and livestock on today's show. Learn more online at https://www.totalfarmmarketing.com. Also, it is a new episode of Cattle Chatter, as Susan Littlefield and Brad Kooima dive into another dynamic week in the cattle complex led by strength in feeders so far throughout the week. Learn more at https://www.kkvtrading.com.

Soybeans are the upside leader on Thursday as we see a mostly positive day across the grain and livestock trade. We discuss the market action with Arlan Suderman from StoneX.

The cattle complex continues to ride the rocketship this week as we saw another sharply higher day in feeder and live cattle futures on Wednesday. Meanwhile, we saw a mostly higher day in grains and oilseeds with Chicago wheat showing a good bullish reversal off contract lows at midweek. Mike Zuzolo from Global Commodity Analytics joins us today for a good technical lesson and analysis for cattle, wheat and soybeans. Learn more online at https://www.globalcommresearch.com. In our opening segment, we get market perspective on grains, livestock and the outside markets with Arlan Suderman from StoneX to get our show started. More at https://www.stonex.com.

A mixed day in the grains, more strength in cattle on Wednesday. Arlan Suderman from StoneX joined us for perspective and analysis at midweek in our Midday Commentary for August 20th, 2025.

Grain markets were quietly lower on Tuesday as we continue to follow along with results and pictures from the Midwest Crop Tour. How is all of this data and big crop potential affecting risk management strategy for producers? Jacob Burks with AgMarket.net joins us to discuss that and look at more volatility in the cattle complex. Find more at https://www.agmarket.net. Why is it important to consider genetic diversity when placing your seed order for next year and beyond? Josh Johnston, AgriGold agronomist from Kentucky, joins us to share examples of why farmers should consider placing several different hybrids across their acres. He also provide insights from his AgriGold "Learning Hub" field trials. More at https://www.agrigold.com.

We saw lower grain market action at midday on Tuesday while cattle were finding continued strength to start the week. Arlan Suderman, Chief Commodities Economist at StoneX joins us to discuss in our Midday Commentary.

Cattle market volatility continues to be off the charts as we saw another day to the upside in feeder and live cattle futures, with strength in midday boxed beef as well on Monday. We take a look at some of the continued volatility and examine a quiet start to the week for grains with John Heinberg from Total Farm Marketing. More online at https://www.totalfarmmarketing.com. Also, we run through more severe weather and rainfall for the Upper Midwest over the weekend and get a look at this week's forecast ahead with Eric Snodgrass from Nutrien Ag Solutions. More online at https://www.ag-wx.com.

Grains are off to a quiet start this week while there's more positivity in cattle on Monday. Plenty of news to watch this week with crop tours, weather and the Jackson Hole meeting for the Federal Reserve. Arlan Suderman with StoneX joins us to discuss in our Midday Commentary.

We saw a really strong finish to the grain and livestock trade on Friday after a volatile week of trading and market moving headlines. The question now is whether or not next week's Midwest Crop Tour will actually confirm some of the big yield estimates from USDA? Plus, an update on screwworm had the cattle on edge to close the week. Brian Grete, Sr. Grain and Livestock Analyst for Commstock Investments joins us today for a conversation and analysis of this week's market trade. He also shares some direct insight and experience into what could be seen on next week's crop tour. More at https://www.commstock.com. Also in segment four of today's show, Susan Littlefield joins us with market perspective from Mark Gold with Top Third, a division of StoneX.