Market Talk

Crops are looking solid across much of the Midwest, despite heat stress and wildfire smoke in the Great Lakes area. Soybeans rallied again on more Chinese demand business while corn and wheat were mixed and cattle ended their long losing streak with higher futures on Monday. Mike Minor with Professional Ag Marketing joins us to discuss on one of today's interviews. We also hear from John Heinberg with Total Farm Marketing who joins us for analysis and perspective. There are also numerous weather factors being watched right now across the U.S. including wildfire smoke impacts in the Upper Midwest and Great Lakes, extreme heat continuing across some areas, severe weather potential and even activity in the Gulf. Eric Snodgrass with Nutrien Ag Solutions joins us to discuss on our Weekly Weather Update. Find more at https://www.agweather.com.

Soybeans are pushing higher to start the week with corn up slightly as well. Cattle are also trying to end their losing streak to start the week. Arlan Suderman from StoneX joins us for our Midday Commentary on Monday.

On Friday's show, we get started with market analysis from Scott Varilek of Kooima Kooima Varilek in Segment One followed by a market conversation with Mike Castle, Senior Commodities Economist at StoneX in Segment Two. Then, we spend the rest of the show looking back at the 53 year career of Mark Gold in the commodity and brokerage business. Susan Littlefield sits down with Gold, who just retired this month, for a wide ranging conversation about his career and today's market world.

On Thursday's show, we start things off with a market conversation between Susan Littlefield and Arlan Suderman of StoneX in Segment One followed by a new episode of Cattle Chatter with Susan and Brad Kooima from KKV Trading. Then, Jesse sits down for analysis with Bryan Doherty from Total Farm Marketing and we also kickoff a series of educational tips on futures and options, focusing on long call options to start.

The wheat complex exploded to the upside on Wednesday as concerns grow over the closure of the Kerch Strait, linking the Sea of Azov with the Black Sea, as fighting intensifies between Russia and Ukraine in the region. Could this be the start of a bigger rally across commodities as we re-add war premium into the trade? We talk wheat, crude oil, corn, inflation and the struggles in the cattle complex with Mike Zuzolo from Global Commodity Analytics on today's show. Find more online at https://www.globalcommresearch.com. 0:00 Wheat surges on Black Sea tensions 0:53 The Kerch Strait: a new bottleneck for wheat and crude 3:04 Energy: Russian diesel, the funds, and the Hormuz double whammy 6:46 Geography lesson: Kerch, Crimea, and Odessa under fire 9:12 The WTI–soft red wheat correlation 10:49 Paris wheat leads: highest since 2024 12:08 Corn: not a U.S. weather market... yet 14:15 Cattle on the struggle bus: a futures-led correction 17:11 Feeders, feed needs, and where to hedge 18:44 CPI and PPI come in cool 19:28 How to reach Mike Zuzolo

The wheat complex exploded to the upside on Wednesday as concerns grow over the closure of the Kerch Strait, linking the Sea of Azov with the Black Sea, as fighting intensifies between Russia and Ukraine in the region. Could this be the start of a bigger rally across commodities as we re-add war premium into the trade? We talk wheat, crude oil, corn, inflation and the struggles in the cattle complex with Mike Zuzolo from Global Commodity Analytics on today's show. Find more online at https://www.globalcommresearch.com. While U.S. growers watch the weather for corn and soybeans, traders are also watching growing concerns over the closure of the Kerch Strait that links the Sea of Azov to the Black Sea. What does the increased Russia/Ukraine fighting mean for the wheat market and commodities as a whole? And, are we finding a bottom in the cattle market selloff? Chip Nellinger with Blue Reef Agri-Marketing also joins us today for a midweek conversation. Find more at https://bluereef.ag.

It was an interesting start to the week in the grains and oilseeds as we've pulled back in corn and soybeans after a higher start to the week. But we have to wonder, are we entering into a bullish cycle for the grain complex? DuWayne Bosse with Bolt Marketing joins us to discuss that, the weather factor, USDA data, demand, inflation, a tough stretch for the cattle market and much more. Find more at https://www.boltmarketingllc.com. Cattle futures had a tough session on Tuesday as we tested some key moving averages in both live and feeder cattle. Lean hogs had a better day and it was a mixed session across the grain trade. Jacob Burks with AgMarket.net joins us in the second half of the show to discuss the markets, inflation, demand and much more. Find more at https://www.agmarket.net.

The grain markets are mixed on Tuesday with some pressure in corn and soybeans while the cattle complex is under pressure through midday. We also got the June Consumer Price Index data this morning and it was better than expected. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss in our Midday Commentary for Tuesday, July 14th, 2026.

Is it time to get bullish in the grain markets? Could we have a weather story developing amid global geopolitics, demand and more? Kristi Van Ahn-Kjeseth with Van Ahn & Company joins us for a conversation and perspective on what's driving the grain markets and her reaction to a bit of a disappointing close to grain markets on Monday's session. We also talk inflation, interest rates, energies and the cattle market. Find more online by visiting https://www.vanahnco.com. The grain markets gapped open on Sunday night amid the hot and dry weather forecast for much of the Plains and Midwest this week. You add in renewed concerns of war in the Middle East and you have a market that is trying to find some bullish support. Mike Minor with Professional Ag Marketing joins us to discuss the grain market story and analysis of lean hogs and cattle. Find more online by visiting https://www.professionalagmarketing.com. Also to being the show, with some areas of the plains set to see multiple days of 100 degree temperatures this week, along with dry weather, there is a natural concern for corn and soybean crop development. Eric Snodgrass with Nutrien Ag Solutions joins us to discuss the forecast on our Weekly Weather Update. Find more at https://www.agweather.com.

The July WASDE Report from USDA made some interesting changes to the balance sheet for corn, wheat and soybeans. Does the USDA math make sense? How much is weather and war concern overseas factoring in to the wheat market? Bryan Irey with Crossroads Coop joins us for analysis and perspective after the WASDE report and thoughts on the cattle trade as well. Find more at https://www.crossroadscoop.com. Another day lower in cattle futures on Friday while this week's cash trade is coming in around $7 lower. Meanwhile, lean hogs were mixed on the session and the grain trade was higher on the back of some interesting changes in the July WASDE Report. Joe Kooima with Kooima Kooima Varilek joins us to discuss. More at https://www.kkvtrading.com. We also hear analysis to open the show from Arlan Suderman, Chief Commodities Economist at StoneX.

USDA made a few changes to the balance sheets with the release of its July 2026 World Agricultural Supply and Demand Estimates report on Friday. Arlan Suderman, Chief Commodities Economist at StoneX, joins us for a recap of the July WASDE Report in our Market Talk Midday Commentary for Friday, July 10th, 2026.

We saw the cattle complex shoot lower into Thursday's close with a fairly ugly close. Meantime, the soybean complex continued to selloff after confirmed sales to China while wheat found support on Thursday. Bryan Doherty with Total Farm Marketing joins us to recap the trade action. Find more at https://www.totalfarmmarketing.com. For the past several weeks, we've been discussing the importance of preparing for the possibility of a lower cattle market. On this week's Cattle Chatter, Brad Kooima of Kooima Kooima Varilek breaks down what is now the ninth consecutive day of lower August live cattle futures and what the recent price action could mean for producers.

Wheat is showing some support while corn and soybeans trade lower at midday. The livestock sector is a mixed bag as well on Thursday. Arlan Suderman, Chief Commodities Economist at StoneX, joins us for analysis and perspective in our Market Talk Midday Commentary for July 9th, 2026.

Tensions are on the rise once again between the US and Iran, which sent energies higher Wednesday and put volatility into the outside markets. We also confirmed soybean sales to China, but the grains finished mostly lower on the day. Mike Zuzolo with Global Commodity Analytics joins us to look at the trade action, charts, geopolitics and more. Find more at https://www.globalcommresearch.com. Plus, we open the show in Segment One and hear Wednesday's Midday Commentary with Arlan Suderman from StoneX who shares thoughts on the midweek market action.

The grain markets seemed to hold the rumor of Chinese grain buys on Tuesday as the trade still waits on confirmed sales. How could the potential demand along with the weather drive these markets through July? Could we see a continued rally? Matt Bennett with AgMarket.net joins us to share thoughts and perspective across the grain markets and the cattle trade. Find more online at https://www.agmarket.net. As we roll past the 4th of July holiday, we take a look at the latest Commitment of Traders report and where fund managers sit in terms of positions in the grain trade. David Brock with The Brock Report joins us to take a look at the report, talk crop progress and more. Find more online at https://www.thebrockreport.com.

The grain markets are quieter on Tuesday as rumors continue to swirl on Chinese grain purchases. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss the trade action across grains and livestock today.

Soybeans and soy products surged higher coming out of the holiday weekend, which helped pull corn and wheat higher on Monday too. Was this weather driven buying? China demand rumors? All of the above? We talk about the surge in the grains and a quieter day in the livestock sector with John Heinberg from Total Farm Marketing on today's show. Find more online at https://www.totalfarmmarketing.com. Now that we are past the 4th of July, could traditional seasonality start to impact meat demand and price action? How could tightening household finances play a role as well? Jeff Hoogendoorn with Professional Ag Marketing joins us to discuss that and the surge in the grain markets on Monday. Find more at https://www.professionalagmarketing.com. We saw some localized heavy rain and severe weather over the weekend, what does that mean for the bigger picture weather story? Eric Snodgrass with Nutrien Ag Solutions joins us to discuss on our Weekly Weather Update for Monday, July 6th, 2026. Find more details online by going to https://www.agweather.com.

Soybeans are surging to start the week, post 4th of July holiday, which is helping move corn and wheat higher as well. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss what's happening across the markets to start the week.

***Markets are closed in observance of the 4th of July holiday on Friday. We will return with a new program on Monday.*** It was a quiet end to the week in the grain and livestock markets as we head to the 4th of July holiday with little fresh news to work with. Bryan Doherty with Total Farm Marketing joins us to recap the trading week and share perspective on market seasonality, chart direction and more as we celebrate 250 years of America this weekend. Find more online at https://www.totalfarmmarketing.com. The USDA has announced up to $500 million in assistance for meat processors, a move aimed at expanding packing capacity and strengthening the nation's meat supply chain. On this week's Cattle Chatter, we break down what the investment could mean for the cattle market, both in the near term and for the industry's long-term infrastructure. Brad Kooima with Kooima Kooima Varilek also discusses this week's cash cattle trade and answers listener questions with Susan Littlefield.

Grain markets are continuing to find some positive trade as we near the holiday weekend while this morning's jobs data was underwhelming. We talk about all of that and more with Mike Castle, Senior Commodities Economist at StoneX, in our Midday Commentary for Thursday, July 2nd, 2026.

Grain markets found more support on Wednesday as we digest all of this week's news and data ahead of the 4th of July holiday. Mike Zuzolo with Global Commodity Analytics joins us to put some puzzle pieces together with technical analysis of the grain markets, the weather outlook and some perspective on this week's cattle trade action. More at https://www.globalcommresearch.com. At the start of the show in Segment One, Susan Littlefield joins us as she talked with StoneX Senior Commodities Economist Mike Castle about the grain market action, weather and possible USMCA news having an impact on the market trade. And in Segment Four, we have a conversation about AI use in agriculture and how it is being incorporated into agriculture workflows. Ryan Wolf, Director of Innovation Experience, R&D at WinField United, joins the show to talk about the use of AI and the launch of Oz, an AI-powered tool from WinField United that helps make near-instant agronomic recommendations and more.

We saw the June 2026 acreage and grain stocks reports out from USDA on Tuesday and by the close of trade, most grain markets were in the green. Brian Splitt from AgMarket.net joins us on today's show to share his biggest takeaways from the reports, chart/price action and his thoughts on where the markets go from here. We also touch on a lower day in cattle trade on Tuesday. More at https://www.agmarket.net. Susan Littlefield also joins us at the end of the show with analysis and perspective from Mike Zuzolo with Global Commodity Analytics.

USDA on Tuesday said farmers planted just over 95 million and 85 million acres of corn and soybeans respectively along with higher grain stocks for corn, soybeans and wheat. Arlan Suderman, Chief Commodities Economist at StoneX, joins us for report reaction in our Market Talk Midday Commentary for Tuesday, June 30th, 2026.

Even with hot weather in the forecast this week, the grain markets saw a selloff and profit taking on Monday to kickoff what could be a volatile week of trading. John Heinberg with Total Farm Marketing joins us to discuss how the hot weather might be a supportive factor short term, thoughts ahead of USDA's reports, macro perspectives and a look at cattle, hogs and dairy. Find more at https://www.totalfarmmarketing.com. Corn and soybeans were under pressure to start the week on Monday ahead of USDA's acreage and grain stocks reports on Tuesday. Mike Minor with Professional Ag Marketing joins us from the road to discuss crop conditions, report day ahead, last week's Quarterly Hogs & Pigs report and more. Find more at https://www.professionalagmarketing.com. A large heat dome is setting up over much of the U.S. east of the Rockies for this week. Along with that, ridge-riding thunderstorm and severe weather potential is out there as well. Eric Snodgrass with Nutrien Ag Solutions joins us to discuss the set up and outlook ahead of the 4th of July holiday. Find more at https://www.agweather.com.

Corn and soybeans are under pressure to start the week ahead of USDA's end of June reports on Tuesday. Arlan Suderman with StoneX joins us to run through the market action to kickoff the week on Monday.

The cash cattle trade was in a bit of a standstill late in the day on Friday and that may have factored into some profit taking on the futures side. Meanwhile, lean hogs found a little support and the grain complex (although it was quiet to lower) did have some things to talk about this week. Scott Varilek with Kooima Kooima Varilek in Sioux Center, IA joins us for market analysis in Segment Two today. Find more information online by visiting https://www.kkvtrading.com. Also on today's show, we begin in Segment One with some analysis from Kyle Bumsted from Allendale and close the show with comments from Arlan Suderman at StoneX and Naomi Blohm with Total Farm Marketing in Segment Four. In between, during segment three of the show, we talk with Farm Credit Mid-America Livestock Product Specialist Austin Robinson. He joins the show to share perspective on managing risk, changes to Livestock Risk Protection and more.

Corn and soybeans are trying to rally just a bit after early pressure as the wheat market bounces off support levels. Meantime, hogs are higher and cattle are mixed as we near the end of the week. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss in our Market Talk Midday Commentary.

On today's Market Talk, we begin the show in Segment One with analysis and perspective from Sue Martin with Ag & Investments in Clarion, IA followed by this week's episode of Cattle Chatter in Segment Two as Jesse gets to talk with Brad Kooima from Kooima Kooima Varilek on this week's program. Then, we take a look at Thursday's strength in soybeans coupled with weather thoughts, a higher US dollar and more with Bryan Doherty from Total Farm Marketing to close out the show.

Soybeans are finding strength at midday Thursday while corn, wheat and livestock trade is mixed. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss the trade action in commodities, more tensions in the Strait of Hormuz impacting crude oil and a look at Thursday's PCE inflation data.

Is a weather story developing for the commodity markets? Europe is currently seeing drought and a heat wave while the U.S. has its own weather related items to keep an eye on. Are the grain markets setting up for a weather rally? How do the metals, energies and stocks factor in? Mike Zuzolo with Global Commodity Analytics joins us today to break it all down for the grains and shares some great thoughts on the rebound in cattle midweek and a look at hogs ahead of the Quarterly Hogs and Pigs report. Find more at https://www.globalcommresearch.com. And, USDA is set to release its June Acreage and Quarterly Grain Stocks reports next Tuesday. Ahead of that release, FBN has unveiled its own 2026 Acreage Report. We talk with Josh McClure, Head of Market Advisory at FBN, who shares details of the report. Find more at https://www.fbn.com/market.

Wednesday was another mixed day overall in the grain and livestock trade as we saw wheat and cattle bounce a bit while corn, soybeans and hogs were sideways to lower. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss the midweek trade action, outside market moves and a look ahead to next week's USDA data dump.

The wheat complex found pressure from multiple factors on Tuesday as spring wheat led the grind lower. Meantime, corn and soybeans were quiet in penny higher, penny lower trade action while cattle and hogs were mixed to lower. Tech stocks and energy were also under pressure as the U.S. dollar hit 13 month highs. Cory Bratland with AgMarket.net joins us to discuss on today's show. More at https://www.agmarket.net. We also get the show started with some analysis of Tuesday's trade and price action with Mike Zuzolo from Global Commodity Analytics in Segment One.

It is a mixed market day across grains and livestock on Tuesday, with the wheat complex finding more pressure near midday. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss in our Market Talk Midday Commentary.

Could the cattle complex be ready to head sharply higher once again after the latest Cattle on Feed report and as we officially kick off summer? Is there some seasonal activity we need to watch? Also, grains were mixed to lower as we near first notice day and more. John Heinberg with Total Farm Marketing joins us for analysis and perspective on today's show. Find more at https://www.totalfarmmarketing.com. As the calendar officially flips to the start of summer, this is the time of year where the grain markets start to typically pay attention to the weather for some direction. Meantime, how could household finances affect the overall meat demand picture and could it factor in to cash and futures trade in cattle and hogs? Jeff Hoogendoorn with Professional Ag Marketing joins us to discuss. More at https://www.professionalagmarketing.com. We saw more tornadoes in Illinois and Indiana over the weekend and there have been hundreds of tornadoes in Illinois this year alone. On our Weekly Weather Update with Eric Snodgrass from Nutrien Ag Solutions, he talks about the severe weather and the potential shift of tornado alley farther to the east. Snodgrass also shares some updates on recent rainfall and what it could mean for crop growth moving forward. Find more online at https://www.ag-wx.com. In Segment Four, we close the show with analysis and perspective of the grain and cattle trade with Tim Strunk from AgMarket.net. Find more at https://www.agmarket.net.

Cattle futures have found some early week support to the upside while it is mixed to lower in grains and oilseeds. Arlan Suderman, Chief Commodities Economist with StoneX, joins us to take a look at the markets and news headlines coming out of the holiday weekend.

***NOTE: markets are closed on Friday for Juneteenth. We will be back with a new program on Monday. As we wrapped up the trading week on Thursday, USDA confirmed rumored soybean sales to China on the morning export report. So why did the grain markets (soybeans especially) find a negative tone into the holiday weekend? We discuss the broader selloff in grains and livestock ahead of Father's Day with Bryan Doherty, Senior Market Advisor at Total Farm Marketing on today's show. More at https://www.totalfarmmarketing.com. Also, it's a new episode of Cattle Chatter in Segment Two as Susan and Brad go through the week in the cattle market ahead of the long holiday weekend.

USDA confirmed Chinese purchases of soybeans on Thursday morning, yet we are seeing a selloff across many commodities into the three-day weekend. Arlan Suderman with StoneX joins us to discuss in our Market Talk Midday Commentary for Thursday, June 18th, 2026.

The grain markets were quietly higher on Wednesday, with the wheat complex finding some great support. Cattle futures were mixed as we near the next Cattle on Feed report and overall, crude oil continued to try and find it's new trading level. Mike Zuzolo with Global Commodity Analytics joins us to discuss the potential role of weather, the energy story, inflation and more in the markets. Find more online by visiting https://www.globalcommresearch.com. As war in the Middle East between the U.S. and Iran is reportedly winding down, fertilizer prices have also been falling in a recent weeks. Are we out of the woods yet when it comes to price, supply, infrastructure and more? Josh Linville, VP of Fertilizer at StoneX, joins us for an update ahead of Father Day's weekend and shares some thoughts on what producers need to remember. Find more online as well at https://www.stonex.com.

Grain and livestock markets show mixed action on Wednesday as we near the end of a holiday shortened week. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss in our Midday Commentary.

Rumors that China is kicking the tires on buying U.S. soybeans gave the grains and oilseeds some upside momentum to open Tuesday's trade. The markets did pullback but could we be looking at more demand led story moving forward? That's one of many topics we discuss today with Jim McCormick from AgMarket.net on Market Talk. More at https://www.agmarket.net. The grain markets are watching weather and demand rumors as we work through mid-June while the cattle market continues to see a surge to start this week in the futures trade. Sam Hudson with Cornbelt Marketing joins us for analysis on today's show. Find more online by visiting https://www.cornbeltmarketing.com.

Some volatility has returned to the grains and oilseeds on Tuesday while cattle show another strong day to the upside through midday. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss in our Midday Commentary.

The outside markets saw volatility on Monday amid the reports of a US/Iran peace deal. Meantime, the cattle complex had a good start to the week while the grain markets were quietly mixed. Mike Minor with Professional Ag Marketing joins us to share perspective on the ag markets and share some thoughts on consumer meat demand amid rising inflation. Find more online at https://www.professioanlagmarketing.com. We saw a rough few days of severe weather in parts of the Midwest the last few days and it sounds like there is more on the way this week. Eric Snodgrass with Nutrien Ag Solutions joins us to discuss on our Weekly Weather Update. Find more at https://www.ag-wx.com.

Grains and livestock trade are fairly mixed as most of the attention is in the energy sector and financials after reports of a U.S. and Iran peace agreement. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss in our Midday Commentary.

We have seen a large selloff in the grain markets over the past month as funds and speculative money have been heading for the exits, causing lots of chart damage along the way. Why did funds leave and when could they come back? Could inflation drive money back into grains? What do we make of the moves in the cattle markets as of late? These are all questions we explore today with Ted Seifried from Zaner Ag Hedge who joins us to close out the week. Find more at https://www.zaner.com. We wrapped up livestock trade on Friday with more volatility in the cattle markets, as we saw some pressure in futures possibly tied to morning headlines of two JBS plant closures in Pennsylvania and Tennessee. What do we make of some of the head-scratching moves in cattle as of late? Also, are we finding support in lean hog futures? Joe Kooima with Kooima Kooima Varilek joins us to wrap up the week in the livestock trade. Find more online at https://www.kkvtrading.com.

We saw a quieter day in the grain trade on Friday as we had mixed action through midday while there was some pressure in cattle futures and more inflation data to absorb to close out the week. We discuss those things with Arlan Suderman, Chief Commodities Economist at StoneX, in our Market Talk Midday Commentary.

We saw the grain markets mixed to lower on Thursday as the June WASDE report came and went with minimal changes. Cattle futures saw a good day to the upside as the markets continue to digest New World Screwworm in the United States. Bryan Doherty with Total Farm Marketing joins us for analysis and perspective on today's show. Find more at https://www.totalfarmmarketing.com. Meanwhile, it's been a week filled with head-scratching price action and volatility in the cattle market. According to Brad Kooima of Kooima Kooima Varilek, the market has become increasingly difficult to read on a day-to-day basis. He joins Susan Littlefield for a new episode of Cattle Chatter in Segment Two. PLUS, we have analysis of the WASDE to open the show from Arlan Suderman at StoneX.

Minimal changes to the overall balance sheets according to USDA's June WASDE Report out on Thursday. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to recap the numbers and discuss what he saw on the report.

Susan Littlefield sits in for one more day for Jesse as she has conversations with Mike Zuzolo from Global Commodity Analytics, Darin Fessler from Lakefront Futures and Arlan Suderman from StoneX today.

Susan Littlefield sits in on today's show and has conversations with Tyler Schau from AgMarket.net, Kyle Bumsted from Allendale and Arlan Suderman from StoneX.

On today's show, Susan Littlefield sits in again and has conversation with Jeff Hoogendoorn from Professional Ag Marketing, Eric Snodgrass with Nutrien Ag Solutions and John Heinberg with Total Farm Marketing.

Susan Littlefield sits in for Jesse Allen on Friday's show and has conversations with Arlan Suderman at StoneX, Mike Zuzolo with Global Commodity Analytics and Scott Varilek with Kooima Kooima Varilek to close out the week.