Narrow Row

The September 29, 2026, broadcast of the Closing Market Report, hosted by Todd Gleason, provides a comprehensive update on commodity markets, agricultural policy, and weather. Market analyst Naomi Blohm discusses recent grain trading trends, upcoming USDA reports, and the market impact of lagging crop maturity and harvest delays. The program highlights several updates from Washington, D.C., including the rollout of a new digital acreage reporting system by the Farm Service Agency, the ongoing partisan stall of the new farm bill in the Senate, and legislative efforts to secure permanent year-round access to E15 fuel. Additionally, the broadcast features analysis on why increased foreign beef imports have failed to lower consumer prices amid a record-low domestic cattle herd. The episode concludes with meteorologist Don Day forecasting heavy, harvest-delaying rains across the western Corn Belt, followed by a transition to a cooler, drier weather pattern.00:58 Ag Markets with Naomi Blohm, Total Farm Marketing07:05 WILLAg News Update16:00 Lower-Cost Fuel at Stake in E15 Debate19:01 Ag Weather with Don Day, Day Weather ★ Support this podcast ★

The September 28, 2026, broadcast of the Closing Market Report, hosted by Todd Gleason, covers commodity futures and features analysis from three agricultural experts. University of Illinois agricultural economist Joe Janzen discusses the commodity market's negative reaction to the recent Trump-Xi summit, specifically noting the exclusion of soybeans from reciprocal tariff reductions. Janzen also analyzes a typical 15-cent drop in corn basis during the five-week peak harvest window due to supply pressure. University of Missouri agricultural economist Jason Franken reviews the USDA Hogs and Pigs and cold storage reports, concluding that lowered domestic pork consumption and reduced export projections will likely squeeze hog producers' profitability. Finally, Mark Russo of EverStream Analytics provides a weather update, contrasting harvest-delaying rains in the western Corn Belt with dry conditions in the eastern states, while also noting favorable planting moisture in center-west Brazil.01:59 Ag Markets with Joe Janzen, University of Illinois15:48 USDA Hogs and Pigs Report17:49 Ag Weather with Mark Russo, EverStream Analytics ★ Support this podcast ★

The September 25, 2026, broadcast of the Closing Market Report, hosted by Todd Gleason, examines recent developments in commodity markets and global agricultural weather. Market analyst Mike Zuzolo discusses the potential for rain-damaged crops in the US corn and bean belt, the market anticipation surrounding agricultural export details from a recent Trump-Xi meeting, and strategies for producers to manage price risks amidst harvest delays and rising diesel costs. Meteorologist Eric Snodgrass details how heavy rains and gloomy conditions have stalled harvest efforts in the Midwest, noting that moisture from an East Pacific hurricane could cause further regional delays. Additionally, Snodgrass warns that a record-breaking El Nino may disrupt early soybean planting in South America due to inconsistent rainfall.01:08 Ag Markets with Mike Zuzolo, Global Commodity Analytics and Consulting08:56 Ag Weather with Eric Snodgrass, Nutrien Ag Solutions ★ Support this podcast ★

The September 24, 2026, edition of the *Closing Market Report*, hosted by Todd Gleason for Illinois Public Media, focuses on harvest progress, fertilizer management, and agricultural weather while soliciting donations for the station's fall fund drive. Matt Bennett of AgMarket.net opens the broadcast discussing highly variable corn harvest yields, tile drainage performance, and market expectations surrounding U.S.–China trade negotiations and Chinese commodity buying commitments. University of Illinois soil fertility specialist John Jones then reviews best practices for fall anhydrous ammonia applications, advising growers to delay applications until 4-inch soil temperatures drop below 50°F and are cooling, while explaining the utility of nitrification inhibitors, the nitrogen efficiency gains of spring applications, and proper use of the Maximum Return to Nitrogen (MRTN) calculator. Finally, Mike Tannura of Tstorm Weather outlines near-term harvest delays across the western Corn Belt due to heavy rainfall in Iowa, favorable planting moisture conditions across Brazil and Argentina, and the positive historical correlation between an emerging strong El Niño pattern and U.S. hard red winter wheat yields.00:48 Ag Markets with Matt Bennett, AgMarket.net06:40 NH3 Applications this Fall and Next Spring16:07 Donate Now 217-44-9455 or willgive.org16:56 Ag Weather with Mike Tannura, Tstorm.net ★ Support this podcast ★

The September 23, 2026, broadcast of the Closing Market Report, hosted by Todd Gleason on Illinois Public Media, covers regional harvest progress, national agricultural policy, and global weather patterns. Greg Johnson of TGM Total Grain Marketing opens the program with a market update, noting that farmers are waiting for corn to dry down naturally in the fields before harvest activity increases. He also discusses how grain markets are currently trading sideways as they await potential news from an upcoming meeting between Presidents Trump and Xi. The broadcast then features an excerpt from a National Association of Farm Broadcasting panel with Ethan Lane, Rob Brenneman, and Geoff Cooper. The panelists discuss their expectations for the Trump-Xi meeting, caution against the unintended consequences of potentially banning U.S. diesel exports, and advocate for free-market principles over government intervention in the agricultural supply chain. Finally, meteorologist Drew Lerner of World Weather Inc. provides an update on global crop weather, highlighting upcoming rainfall that should benefit U.S. winter wheat regions, favorable early planting conditions in Brazil, and an extended period of heat and dryness in Australia driven by El Niño. Throughout the program, Gleason also appeals for listener financial support during the station's fall fund drive; 217-244-9455 or willgive.org to donate.01:17 Ag Markets with Greg Johnson, TGM Total Grain Marketing09:34 Trump, Xi, Fuel, Free Trade, and Socialism20:51 Ag Weather with Drew Lerner, World Weather Inc ★ Support this podcast ★

The September 22, 2026, broadcast of the Closing Market Report, hosted by Todd Gleason during a fall fund drive for Illinois Public Media, covers commodity markets, global agribusiness supply chains, and regional weather forecasts. Make your gift today in Support of Agriculture @ willgive.org or 217-244-9455Naomi Blohm of Total Farm Marketing analyzes slight declines in corn and soybean futures, discusses producer storage costs, and assesses potential market impacts from an anticipated meeting between President Trump and President Xi. Gary Schnitkey from the University of Illinois shares insights from his global agribusiness management class, highlighting the differences between protein-driven agricultural demand in developing nations like China and the growing preference for specialized, verified non-commodity foods in developed countries. Finally, meteorologist Don Day provides a weather update for the US Corn Belt, forecasting dry conditions in the eastern states and heavy rainfall moving into the western plains.00:54 Ag Markets with Naomi Blohm, TotalFarmMarketing.com09:00 ACE 435 - Global Agribusiness Management21:56 Ag Weather with Don Day, DayWeather.com ★ Support this podcast ★

The September 21, 2026, edition of the *Closing Market Report*, hosted by Todd Gleason, covers agricultural trade, station fundraising, and weather forecasts. Agricultural economist Ben Brown details the potential market implications of an upcoming meeting in Washington, D.C., between Presidents Trump and Xi, analyzing the fulfillment of past US-China trade commitments and the effects of high global energy and fertilizer prices on domestic and international grain production. Gleason follows with an appeal for listener donations during Illinois Public Media's fall fund drive to support the station's agricultural programming. Shifting to policy, Gleason highlights the row crop and livestock sectors' reliance on immigrant labor, shares a personal anecdote regarding citizenship documentation struggles for an international adoptee, and urges Congress to enact meaningful immigration reform. To conclude the program, Mark Russo of EverStream Analytics provides a weather update, noting that enhanced monsoonal moisture is benefiting winter wheat planting in the Plains, highlighting a notably quiet Atlantic hurricane season, and predicting persistent wet conditions that will delay the harvest across Iowa.00:26 Ag Markets with Ben Brown, University of Missouri11:50 Make a Pledge Today @ 217-244-9455 or willgive.org13:01 Immigration16:16 Ag Weather with Mark Russo, EverStream.ai ★ Support this podcast ★

The September 18, 2026, Closing Market Report, hosted by Todd Gleason, details commodity market movements and agricultural weather forecasts. Mike Zuzolo of GlobalCommResearch.com analyzes the tightening of cash soybean supplies and the negative impact of diesel rail surcharges on local grain bids. He outlines concerns that the Federal Reserve's recent interest rate hike will weaken both domestic and export demand, advising producers to consider hedging strategies amid high market volatility. Meteorologist Eric Snodgrass of Nutrien Ag Solutions forecasts an extended period of heavy rainfall across the northern Corn Belt, potentially stalling early harvest operations. Snodgrass contrasts this with record-setting heat in the southern United States and delayed crop planting progress in South America.01:05 Ag Markets with Mike Zuzolo, GlobalCommResearch.com11:30 Ag Weather with Eric Snodgrass, NutrienAgSolutions.com ★ Support this podcast ★

The September 17, 2026, edition of the Closing Market Report covers commodity trade updates, energy pressures, agricultural policy, farmland economics, and global weather patterns affecting harvest and planting. Matt Bennett of AgMarket.net assesses early East Central Illinois harvest yields, noting relatively solid soybean returns compared to mixed corn results, while advising producers on risk management amid tight global grain stocks, Black Sea logistical bottlenecks, and US-Canada trade tensions. GasBuddy's Patrick DeHaan examines surging diesel prices driven by drone strikes on Russian refining infrastructure, Middle East supply threats, and constrained domestic refining capacity, alongside news of proposed diesel export bans, steady ethanol production, the Senate Farm Bill advancing out of committee, and House passage of the AM Radio for Every Vehicle Act. Juo-Han Tsay of the University of Illinois evaluates projected 2027 Illinois cash rents, forecasting stable to slightly softening rates due to high input costs offsetting recent commodity price support. Finally, Mike Tannura of Tstorm Weather outlines near-term Corn Belt rainfall distributions, beneficial upcoming moisture across the Southern Plains winter wheat belt, and precipitation trends impacting South American wheat quality and Brazilian soybean planting conditions.01:19 Ag Markets with Matt Bennett, AgMarket.net08:32 Diesel Fuel Market with Patrick DeHaan, GasBuddy.com14:06 2027 Illinois Cash Rents with Juo-Han Tsay, University of Illinois18:13 Ag Weather with Mike Tannura, Tstorm.net ★ Support this podcast ★

The September 16, 2026, edition of the Closing Market Report, hosted by Todd Gleason from Illinois Public Media and University of Illinois Extension, covers current commodity markets, agricultural farm management, energy infrastructure, and global weather patterns. The broadcast begins with a commodity market recap featuring Greg Johnson of Total Grain Marketing, who discusses grain and livestock price action, market volatility tied to rumors concerning Chinese President Xi Jinping, CONAB's Brazilian crop projections, and strong spec fund positions amid the early U.S. harvest. Gleason then previews a farmdoc report and upcoming webinar by Gary Schnitkey and Nick Paulson analyzing Illinois county cash rent trends for 2026 and projections into 2027. Transitioning to rural infrastructure, Stephanie Hoff reports on how electric cooperatives are managing the surge in electricity demand from large-scale data centers, featuring insights from NRECA CEO Jim Matheson on permitting hurdles and grid reliability. Finally, meteorologist Drew Lerner of World Weather, Inc. provides a global crop weather update, reviewing drought conditions in the Southern Plains, wet field conditions slowing harvest across portions of the Corn Belt, historically dry waterways impacting grain transport in France and Europe, and early-season planting rainfall across South America.02:38 Ag Markets with Greg Johnson, TotalGrainMarketing.com11:10 farmdoc Updates Illinois Cash Rents by County Map12:52 Data Centers and Electirc Cooperatives16:10 Ag Weather with Drew Lerner, WorldWeather.cc ★ Support this podcast ★

The September 15, 2026, broadcast of the Closing Market Report, hosted by Todd Gleason, outlines current commodity market movements, agricultural energy constraints, and harvest weather forecasts. Naomi Blohm highlights unexpected technical strength in soybean futures despite bearish USDA data, while analyzing Brazilian crop estimates and anticipated Federal Reserve interest rate hikes. Dave Chatterton details a severe degradation in global diesel inventories driven by concurrent international conflicts, pushing fuel prices to historic highs as the U.S. harvest begins. Finally, Don Day forecasts a persistent, week-long rain event across the northern Corn Belt that will stall early harvest operations before giving way to cooler, drier conditions in October.01:41 Ag Markets with Naomi Blohm, TotalFarmMarketing.com09:53 Ag Energies with Dave Chatterton, Strategic Farm Marketing18:11 Ag Weather with Don Day, DayWeather.com21:45 2027 Cash Rent Negotiations Webinar Thursday @ 11am Central ★ Support this podcast ★

The September 14, 2026, broadcast of the Closing Market Report, hosted by Todd Gleason of the University of Illinois Extension, features three primary discussions centered on agricultural markets, agronomic practices, and weather forecasting. Agricultural economist Frayne Olson explores the commodity markets, explaining how surging energy prices and transportation fuel surcharges influence grain basis levels and delivery timing without significantly impacting overall demand. Olson also highlights that widespread drought in North Dakota is negatively affecting local corn and soybean yields. In the second segment, University of Illinois entomologist Nick Seiter discusses the return on investment for prophylactic insecticide applications in corn and soybeans. He notes that standard insecticide inclusions with fungicides or seed treatments rarely provide economic value, as insect populations in Illinois typically do not reach yield-limiting thresholds. Finally, meteorologist Mark Russo from EverStream Analytics delivers a regional weather outlook, predicting warm, dry conditions conducive to rapid harvesting in the southern Corn Belt. Russo also notes that a historically strong El Niño pattern is bringing necessary moisture for hard red winter wheat planting across the southwestern Plains.01:31 Ag Markets with Frayne Olson, North Dakota State University11:52 The ROI of "it's included" Insecticides18:36 Ag Weather with Mark Russo, EverStream.ai ★ Support this podcast ★

The September 11, 2026, edition of the Closing Market Report, hosted by Todd Gleason from University of Illinois Extension, covers agricultural commodity markets, agronomy updates, and seasonal weather patterns affecting harvest. The program begins with market analysis from Mike Zuzolo of GlobalCommResearch.com, who evaluates the latest USDA WASDE and crop production estimates alongside settling grain prices, the unwinding of soy-corn spreads, technical price thresholds, and the influence of rising crude oil prices driven by Middle Eastern geopolitical tensions. Abigail Peterson of the Illinois Soybean Association then recaps the ISA Field Day in Decatur, highlighting on-farm trial protocols, cover crop biomass studies for weed suppression, free soybean cyst nematode testing, and upcoming winter residue management workshops. Finally, atmospheric scientist Eric Snodgrass of Nutrien Ag Solutions breaks down regional and global weather trends, noting an unusually quiet Atlantic hurricane season01:53 Ag Markets with Mike Zuzolo, GlobalCommResearch.com08:41 Recapping the ISA Field Day in Decatur15:11 Ag Weather with Eric Snodgrass, NutrienAgSolutions.com ★ Support this podcast ★

The September 10, 2026 edition of the Closing Market Report provides a comprehensive overview of commodity markets, fall fertilizer strategies, and agricultural weather. Matt Bennett of AgMarket.net attributes recent market gains to confirmed Chinese purchases and tight global soybean stocks, advising producers to manage risk through hedging rather than relying on continued rallies. John Jones, a University of Illinois soil scientist, outlines fall fertilizer recommendations, stressing the economic value of targeted grid or zone soil testing for phosphorus and potassium to avoid unnecessary applications. He also emphasizes utilizing the Corn Nitrogen Rate Calculator to optimize anhydrous ammonia rates. Lastly, Mike Tannura of Tstorm Weather forecasts a shift toward cooler, wetter conditions in the central United States that should benefit wheat planting, while noting unusually heavy early-season rainfall in southern Brazil and the developing impacts of a historically strong El Niño pattern.01:02 Ag Markets with Matt Bennett, AgMarket.net07:55 UofIL Fall Fertilizer Application Recommendations17:04 Ag Weather with Mike Tannura, Tstorm.net ★ Support this podcast ★

This episode of the Closing Market Report, hosted by Todd Gleason, provides a comprehensive update on commodity markets, the beef industry, and global agricultural weather. The program begins with Greg John from Total Grain Marketing, who discusses pre-report estimates for upcoming USDA crop production figures, noting expected yield drops for corn and soybeans, alongside the potential market impacts of Chinese commodity purchasing. Next, University of Illinois extension beef specialist Travis Meteer analyzes the current cattle cycle, explaining how meatpacking plant closures and low herd inventories are shaping the industry while cattle are being fed to all-time heavy weights to compensate for lower head counts. Finally, Drew Lerner of World Weather Incorporated delivers a global weather outlook, highlighting the erratic early-season showers in Brazil, persistent heat in the southwestern United States, harvest-delaying rains across the Midwest, and a large storm system threatening crop quality in the Canadian Prairies.01:43 Ag Markets with Greg Johnson, TotalGrainMarketing.com11:10 Thoughts on the State of the Beef Industry14:46 Ag Weather with Drew Lerner, WorldWeather.cc ★ Support this podcast ★

The September 8, 2026, edition of the Closing Market Report, hosted by Todd Gleason, provides a comprehensive overview of commodity trade, agricultural policy, and regional weather. Following the settlement numbers, Naomi Blohm of TotalFarmMarketing.com analyzes quiet post-holiday trade action in corn and soybeans, strong overnight gains in wheat driven by Black Sea developments, and market positioning ahead of the USDA's upcoming WASDE report. The program then examines federal agricultural policy, detailing producer dissatisfaction over the Trump administration's 90-day tariff suspension on South American beef imports, featuring commentary from Nebraska cattle rancher John O'Dea on producer margins, and reviewing executive orders targeting meatpacker concentration. University of Minnesota agricultural economist Ed Usset follows with historical context on August grain rallies, comparing current market movements to previous years—such as 2003, 2011, and 2022—while cautioning against expectations of runaway harvest rallies. Finally, meteorologist Don Day of DayWeather outlines the regional forecast, highlighting modest temperature relief and scattered shower activity extending into the Corn Belt and southern Plains fueled by subtropical moisture from the Pacific.01:59 Ag Markets with Naomi Blohm, TotalFarmMarketing.com08:25 Beef Imports, Meatpackers, Ranchers, and the Oval Office11:13 Commodity Market Discussion with Ed Usset20:36 Ag Weather with Don Day, DayWeather.com ★ Support this podcast ★

I'm Todd Gleason for University of Illinois Extension with a history of labor day in the United States. It's adapted from a story found on the United States Embassy to Sweden's website.Eleven-year-old Peter McGuire sold papers on the street in New York City. He shined shoes and cleaned stores and later ran errands. It was 1863 and his father, a poor Irish immigrant, had just enlisted to fight in the Civil War. Peter had to help support his mother and six brothers and sisters.Many immigrants settled in New York City in the nineteenth century. They found that living conditions were not as wonderful as they had dreamed. Often there were six families crowded into a house made for one family. Thousands of children had to go to work. Working conditions were even worse. Immigrant men, women and children worked in factories for ten to twelve hours a day, stopping only for a short time to eat. They came to work even if they were tired or sick because if they didn't, they might be fired. Thousands of people were waiting to take their places.When Peter was 17, he began an apprenticeship in a piano shop. This job was better than his others, for he was learning a trade, but he still worked long hours with low pay. At night he went to meetings and classes in economics and social issues of the day. One of the main issues of concern pertained to labor conditions. Workers were tired of long hours, low pay and uncertain jobs. They spoke of organizing themselves into a union of laborers to improve their working conditions. In the spring of 1872, Peter McGuire and 100,000 workers went on strike and marched through the streets, demanding a decrease in the long working day.This event convinced Peter that an organized labor movement was important for the future of workers' rights. He spent the next year speaking to crowds of workers and unemployed people, lobbying the city government for jobs and relief money. It was not an easy road for Peter McGuire. He became known as a "disturber of the public peace." The city government ignored his demands. Peter himself could not find a job in his trade. He began to travel up and down the east coast to speak to laborers about unionizing. In 1881, he moved to St. Louis, Missouri, and began to organize carpenters there. He organized a convention of carpenters in Chicago, and it was there that a national union of carpenters was founded. He became General Secretary of the United Brotherhood of Carpenters and Joiners of America.The idea of organizing workers according to their trades spread around the country. Factory workers, dock workers and toolmakers all began to demand and get their rights to an eight-hour workday, a secure job and a future in their trades. Peter McGuire and laborers in other cities planned a holiday for workers on the first Monday in September, halfway between Independence Day and Thanksgiving Day.  On September 5, 1882 the first Labor Day parade was held in New York City. ★ Support this podcast ★

The September 4, 2026, edition of the *Closing Market Report*, hosted by Todd Gleason on Illinois Public Media, reviews commodity market movements, agricultural news, and regional weather patterns heading into the Labor Day weekend. Mike Zuzolo of Global Commodity Analytics discusses softer corn, soybean, and wheat trade amid an accelerating early Midwest harvest, while evaluating upcoming USDA crop production estimates, geopolitical developments in the Black Sea and Middle East, and potential volatility surrounding U.S.-China relations. In agricultural news, Gleason covers the 2026 National Cover Crop Report showing expanded acreage among growers, followed by USDA research entomologist Alex Arp detailing "Novafly"—a new genetic strain engineered to eliminate female embryos and optimize sterile male production for New World screwworm eradication. Concluding the broadcast, Nutrien Ag Solutions meteorologist Eric Snodgrass outlines persistent late-summer heat and drought stress across the Corn Belt and Western United States, sluggish Atlantic hurricane activity linked to El Niño, and irregular rainfall patterns threatening early soybean planting across South America's Center West.00:56 Ag Markets with Mike Zuzolo, Global Commodity Analytics08:38 WILLAg News | Cover Crop Usage Up & a New Way to Control NWS11:34 Ag Weather with Eric Snodgrass, Nutrien Ag Solutions ★ Support this podcast ★

The September 3, 2026, broadcast of the *Closing Market Report*, hosted by Todd Gleason, covers commodity price movements, farm financial projections, federal data initiatives, and severe weather patterns affecting agriculture. Matt Bennett of AgMarket.net analyzes the day's market dynamics, highlighting how grain futures rebounded from early-session lows as speculative buying met profit-taking ahead of the three-day holiday weekend, while noting that late-season heat is rapidly advancing crop drydown without heavily damaging early-planted corn. Looking ahead to 2026 and 2027 budgets, University of Illinois agricultural economist Nick Paulson reports that while higher corn and soybean prices are driving positive projected net returns in Central and Northern Illinois, rising input costs—especially for fertilizer and fuel tied to Middle Eastern geopolitical conflict—continue to keep overall margins below long-term historical averages of $100 per acre. From the Farm Progress Show in Boone, Iowa, USDA Under Secretary Scott Hutchins details the agency's four-pillar data modernization initiative aimed at reducing survey burdens on farmers, utilizing satellite and NASA geospatial imagery for yield forecasts, eliminating cross-agency redundancy through AI and advanced analytics, and improving reporting transparency. Concluding the report, meteorologist Mike Tannura of Tstorm Weather warns of historic late-season heat running 8 to 10 degrees above normal across the U.S. Corn Belt, while pointing to an exceptionally strong El Niño pattern that is bringing unseasonable early rains to central Brazil and heavy precipitation to southern South American grain belts.01:50 Ag Markets with Matt Bennett, AgMarket.net07:12 farmodc 2027 Corn and Soybean Returns13:48 USDA Announces Data Modernization Plan16:22 Ag Weather with Mike Tannura, Tstorm Weather ★ Support this podcast ★

The September 2, 2026 edition of Illinois Public Media's Closing Market Report, hosted by Todd Gleason, examines commodity market trends, local environmental policy, and global agricultural weather patterns. Following the opening commodity market settlements, Greg Johnson of Total Grain Marketing analyzes multi-year highs in corn and soybean futures, the psychological dynamics of farmer selling, early harvest expectations driven by late-summer heat, and updated crop budget estimates from the University of Illinois farmdoc team. The broadcast then highlights civic discourse in Champaign County, featuring University of Illinois environmental science student Bruce Beem, who details public testimony regarding proposed hyperscale data centers—specifically emphasizing concerns over long-term site remediation, and inadequate human-centric noise metrics and artificial light disruption along avian migratory corridors. Finally, meteorologist Drew Lerner of World Weather Incorporated delivers a regional and global forecast, evaluating persistent drought conditions across the U.S. hard red winter wheat belt, planting moisture outlooks in central Brazil, and international El Niño impacts spanning Indonesian wildfires and drenching rainfall in the Philippines.01:21 Ag Markets with Greg Johnson, TGM08:28 Data Centers, Civic Engagement, and University Educations14:38 Ag Weather with Drew Lerner, World Weather Inc ★ Support this podcast ★

The September 1, 2026, edition of the Closing Market Report, hosted by Illinois Extension's Todd Gleason on Illinois Public Media, provides an in-depth review of key regulatory, market, agronomic, and weather developments impacting agriculture. Agricultural economist Scott Irwin discusses the EPA's decision to grant 1.8 billion gallons in small refinery exemptions (SREs) for 2025, explaining how the agency's supplemental rulemaking to reallocate 100% of those volumes into 2026 and 2027 mandates effectively neutralizes potential demand losses and supports the biodiesel and soy complex. Market analyst Naomi Blohm of Total Farm Marketing reviews the rally in soybean futures above $13 resistance, highlighting strong domestic demand, Chinese export sales, and the market impacts of geopolitical friction in the Black Sea and Middle East. Agricultural economist Nick Paulson explains how surging global sulfur prices—driven by Middle Eastern conflict and petroleum byproduct supply disruptions—are increasing the cost of MAP and DAP phosphate fertilizers ahead of fall applications. Finally, meteorologist Don Day of Day Weather breaks down the persistent, above-average heat across the Corn Belt and evaluates upcoming rainfall chances for early soybean planting in Brazil.01:05 Trump Admin's EPA SRE Announcement a Reallocation05:29 Ag Markets with Naomi Blohm, Total Farm Marketing10:27 Sulfur and Increasing Phosphate Fertilizer Prices20:20 Ag Weather with Don Day, Day Weather ★ Support this podcast ★

The August 31, 2026, edition of the Closing Market Report, hosted by Todd Gleason, covers daily market settlements, global trade dynamics, regional basis movements, and historic severe weather. Agricultural economist Joe Janzen discusses Colombia's growing role as a top destination for U.S. corn and soybean meal, advising growers to carefully weigh storage and interest costs against harvest time cash flow needs rather than leaving grain unpriced. Purdue University's Josh Strine outlines late-summer basis trends, noting widespread corn basis weakness across the Eastern Corn Belt alongside sharp soybean basis gains concentrated in Western Iowa. Finally, Illinois State Climatologist Trent Ford reviews the state's record-shattering 2026 tornado count, which surpassed 200 following major outbreaks in April and June.02:00 Sabbatical Insights from Columbia and the Grain Trade15:38 Corn and Soybean Basis thru July and August19:18 Not Quite Tornado Alley but Getting There ★ Support this podcast ★

The August 28, 2026, edition of the *Closing Market Report*, hosted by Todd Gleason, provides an overview of commodity market movements, agronomic crop conditions, and regional weather forecasts. Mike Zuzolo of Global Commodity Analytics analyzes the late-summer market rally, attributing price strength to supply constraints from Black Sea export disruptions, geopolitical tensions, and demand rationing, while recommending a sell-and-defend marketing approach for producers. University of Illinois Extension soil fertility specialist John Jones addresses the impact of early-summer precipitation on nitrogen availability, noting that while localized losses and field variability may slightly soften average yields, remobilization of nitrogen already stored within the plant canopy will sustain grain fill for the majority of the corn crop. Concluding the broadcast, Nutrien Ag Solutions meteorologist Eric Snodgrass discusses the upcoming shift from a cool, wet August to warmer, drier conditions in September across the Corn Belt, while highlighting the broader implications of an intensifying El Niño on potential U.S. harvest delays and South American planting schedules.01:22 Ag Markets with Mike Zuzolo, Global Commodity Analytics and Consulting09:30 Corn Uses N Stored in the Plant for Grain Fill16:43 Ag Weather with Eric Snodgrass, Nutrien Ag Solutions ★ Support this podcast ★

Hosted by Todd Gleason, the August 27, 2026, edition of the *Closing Market Report* examines agricultural commodity trends, biofuels policy, and late-summer weather. Matt Bennett of AgMarket.net reviews recent market rallies and advises producers to utilize incremental risk management strategies, while noting that global wheat markets are reacting strongly to escalating Russia-Ukraine tensions. Agricultural economist Scott Irwin discusses the Renewable Fuel Standard and the potential economic fallout if the Trump administration grants more Small Refinery Exemptions (SREs) for 2025. Irwin warns that reversing biomass-based diesel mandates would severely cut soybean oil usage, potentially costing soybean producers billions of dollars. Finally, meteorologist Mike Tannura of Tstorm Weather forecasts a historic, late-season heat wave across the Corn Belt, warning that an impending string of days with temperatures in the 90s will challenge late-stage grain fill and complicate analysts' final yield expectations. The broadcast concludes by highlighting upcoming *farmdoc* webinars and the *Commodity Week* program.02:08 Ag Markets with Matt Bennett, AgMarket.net09:47 SREs and the Price of Soybeans17:09 Ag Weather with Mike Tannura, Tstorm.net ★ Support this podcast ★

The August 26, 2026, broadcast of the Closing Market Report features three primary segments covering agricultural markets, community programs, and weather forecasts. Greg Johnson of TGM analyzes a significant recent rally in commodity prices, attributing the gains to global supply-side pressures and the Pro Farmer crop tour, while advising producers to capitalize on current profitable margins. The program then shifts to farmer and broker Garrett Toay, who highlights the localized benefits of Dolly Parton's Imagination Library on early childhood literacy. Finally, Drew Lerner of World Weather Inc. examines global and domestic weather patterns, utilizing historical El Niño data to project a warmer, drier trend for the western Corn Belt and stabilizing conditions in the eastern regions.01:17 Ag Markets with Greg Johnson, TGM10:49 Dolly Parton's Imagination Library and a Farmer's Family13:59 Ag Weather with Drew Lerner, World Weather Inc ★ Support this podcast ★

This is a summary of the August 25, 2026, edition of the Closing Market Report. In today's program, Naomi Blohm of Total Farm Marketing analyzed current agricultural markets, highlighting an inside trading day for corn and beans while cautioning that a lack of fresh bullish news could lead to a near-term price pullback. She also emphasized the ongoing impacts of Canadian trade tensions and global conflicts on market stability. The broadcast then detailed practical cover crop and no-till management strategies from Illinois farmers Adam Dahmer, Brent Fowler, and Greg Thoren. They stressed the necessity of proper equipment calibration, adjusting planting angles to avoid old corn rows, and utilizing cover crops for targeted erosion control. Finally, Don Day of Day Weather outlined the agricultural forecast, noting a favorable shift toward warmer, drier conditions in the Corn Belt for late August, while advising producers to monitor potential tropical development heading into September.00:42 Ag Markets with Naomi Blohm, Total Farm Marketing05:59 Cover Crop Conversations: practical management advice20:09 Ag Weather with Don Day, Day Weather ★ Support this podcast ★

This edition of the *Closing Market Report*, hosted by Todd Gleason, covers commodity market movements, Illinois crop prospects, and global agricultural weather. Sherman Newlin of Zaner Ag Hedge reviews the findings from the Pro Farmer Crop Tour, discussing observed crop stress, shorter ear lengths, and market reactions to reduced yield estimates in Illinois and Indiana. Following a brief announcement for an upcoming FarmDoc webinar on farmland values, cash rents, and energy leases, University of Illinois agronomist Giovani Preza Fontes examines corn development, explaining that despite widespread "tip back," adequate soil moisture and favorable grain-filling conditions keep USDA's 212-bushel-per-acre projection attainable. Finally, Mark Russo of EverStream Analytics provides an ag weather outlook, forecasting drier, seasonal conditions across the Corn Belt, subdued Atlantic hurricane activity due to a strong El Niño, and critical moisture trends across the U.S. Plains, Europe, and Brazil.01:00 Ag Markets with Sherman Newlin, Zaner Ag Hedge08:52 WEBINAR PROMO | Rents and Prices Outlook: Results from a Mid-Year Survey10:27 Corn Prospects in Illinois on Track with USDA18:34 Ag Weather with Mark Russo, EverStream Analytics ★ Support this podcast ★

The Pro Farmer national yield predictions released today present a sharply mixed outlook for this year's harvest, diverging significantly from recent USDA estimates. Pro Farmer pegs the national corn yield at just 173.2 bushels to the acre—down sharply from the USDA's 180.7 estimate—driven primarily by lower ear counts and persistent nutrient loss across the rain-soaked eastern corn belt. Conversely, they project a record-breaking soybean crop at 53.3 bushels to the acre, supported by impressive pod counts and sufficient moisture to finish the crop out strong. Market analysts anticipate this divergence will prompt a bullish reaction in corn and pressure soybean prices, particularly as the trade looks ahead to critical late-September trade negotiations between the US and China. In the livestock sector, a newly announced plan to import 300,000 metric tons of African beef is expected to heavily pressure domestic cattle prices heading into the fall. Fortunately for Midwest row crops, the weather pattern is finally shifting toward a drier, sunnier trend that will provide the essential growing degree days needed to finish the season.00:40 Ag Markets with Mike Zuzolo, GlobalCommResearch.com07:29 Pro Farmer 173.2 Corn / 53.3 Soybean12:41 Ag Weather with Eric Snodgrass, Nutrien Ag Solutions ★ Support this podcast ★

The August 20, 2026, Closing Market Report highlights critical observations from the Pro Farmer Crop Tour, revealing significant regional crop yield discrepancies across the Midwest. Market analysts Matt Bennett, Oliver Sloup, and Sherman Newlin confirm that while eastern Iowa and Minnesota project strong corn yields, excessive moisture in Illinois and drought conditions in western Iowa will likely necessitate downward revisions to current USDA estimates for those states. Despite localized nitrogen loss and lower ear counts in the eastern Corn Belt, Bennett anticipates upward adjustments to national soybean yields due to favorable late-season finishing conditions. Meteorologist Mike Tannura forecasts a generalized drying trend and normalized temperatures moving into September, indicating that late-season weather variables will have a diminishing impact on final production numbers.02:07 Ag Markets with Matt Bennett, AgMarket.net07:18 Pro Farmer Crop Tour with Oliver Sloup and Sherman Newlin07:28 Crop Tour Update from Corn Belt Garden Spot12:32 Crop Tour Update from Western Iowa and Minnesota20:11 Ag Weather with Mike Tannura, Tstorm.net ★ Support this podcast ★

This August 19, 2026, broadcast of the Closing Market Report, hosted by Todd Gleason, provides a comprehensive update on agricultural commodities, field conditions, and global weather impacts. In the opening segment, Greg Johnson of Total Grain Marketing discusses recent fluctuations in corn and soybean prices, noting how farmer selling behaviors and the critical wild card of Chinese export purchases are influencing the market. Next, field scouts Sherman Newlin and Oliver Sloup share on-the-ground insights from the Pro Farmer Crop Tour in Iowa and Illinois, respectively, with both reporting underwhelming corn and soybean yields stemming from early-season weather stress and wet springs. Finally, meteorologist Drew Lerner highlights extreme global weather events—including severe flooding in the Philippines and historic drought in France—while emphasizing the U.S. Midwest's immediate need for warmer, drier conditions to support late-season crop maturation.00:36 Ag Markets with Greg Johnson, Total Grain Marketing08:31 Pro Farmer Crop Tour | Iowa and Illinois14:45 Ag Weather with Drew Lerner, World Weather Inc. ★ Support this podcast ★

The August 18, 2026, edition of the Closing Market Report, hosted by Todd Gleason, provides a comprehensive update on agricultural commodity markets, ongoing crop assessments, global energy supplies, and regional weather trends. Naomi Blohm of Total Farm Marketing breaks down recent grain price movements, noting technical resistance, profit-taking in corn and soybeans, and international supply dynamics from Southeast Asia to the Black Sea. Pro Farmer Tour crop scouts Sherman Newlin and Oliver Sloup report day-two findings from the western and eastern legs of the Pro Farmer Crop Tour across South Dakota, Nebraska, Ohio, and Indiana, detailing the effects of severe field moisture, variable plant populations, and disease pressure on yield expectations. Dave Chatterton of Strategic Farm Marketing analyzes agricultural energies, highlighting the market impact of expired diplomatic agreements, Middle Eastern shipping disruptions, and multi-decade lows in global distillate stocks ahead of the North American fall harvest. Finally, Don Day of Day Weather reviews the active thunderstorm pattern moving across the Midwest, forecasting a gradual moderation in rain intensity alongside cooler overnight temperatures in the weeks ahead.01:18 Ag Markets with Naomi Blohm, Total Farm Marketing07:25 Pro Farmer Crop Tour | Nebraska, Ohio, and Indiana15:53 Ag Energies with Dave Chatterton, Strategic Farm Marketing20:22 Ag Weather with Don Day, Day Weather ★ Support this podcast ★

The August 17, 2026, edition of the Closing Market Report details current developments in agricultural markets, industry operations, and agronomic conditions. Economist Matt Maltzbarger outlines how elevated nitrogen costs and a forecasted Super El Niño are influencing the 2027 corn and soybean crop rotation strategies for producers. In industry news, Tyson Foods announced the closure of its Joslin, Illinois, meat packing plant due to excess capacity and tight cattle supplies, while Senate Agriculture Committee progress on the farm bill remains stalled over SNAP penalty disputes. Field observations from Sherman Newlin on the western leg of the Pro Farmer Crop Tour indicate significant drought stress and reduced yield estimates for corn and soybeans in South Dakota. Concluding the broadcast, meteorologist Mark Russo notes an upcoming reprieve from heavy rains across the Eastern Corn Belt and forecasts a shift toward cooler, wetter conditions in Europe that may aid winter crop preparations.02:21 Ag Markets with Bob Maltzbarger, University of Missouri10:51 Tyson Foods Closes Joslin, IL Packing Plant14:09 Pro Farmer Crop Tour | South Dakota17:35 Ag Weather with Mark Russo, EverStream Analytics ★ Support this podcast ★

The August 14, 2026, edition of the Closing Market Report, hosted by Todd Gleason, provides a comprehensive overview of agricultural commodity markets, crop progress, and weather forecasts. Market analyst Mike Zuzolo highlights that wheat and crude oil are currently leading the commodity markets, driven by a combination of geopolitical tensions and supply-demand fundamentals. Extension Agronomist Giovani Preza Fontes details the Illinois corn crop's progression through the critical grain fill stage, noting that while record yields are unlikely, the crop remains strong and stands to benefit from recent rains if followed by sunny, warm days. Finally, meteorologist Eric Snodgrass discusses the heavy rainfall and severe storms currently impacting the Eastern corn belt, warning that a rapidly developing El Niño could result in a wet fall harvest domestically and delay the start of the planting season in South America.01:13 Ag Markets with Mike Zuzolo, GlobalCommResearch.com08:17 Grain Fill, Overnite Temps, and Rainfall14:07 Ag Weather with Eric Snodgrass, NutrienAgSolutions.com ★ Support this podcast ★

The August 13, 2026, broadcast of the Closing Market Report examines recent commodity market trends, edge-of-field conservation technologies, and weather-related crop stress. Dave Chatterton analyzes the corn market's response to lower-than-expected USDA yield estimates, highlighting the negative impact of sustained high overnight temperatures on grain fill and competitive pressures from Argentine exports. Rabin Bhattarai outlines the mechanics and environmental benefits of woodchip bioreactors and drainage water management systems, which mitigate nitrate runoff and optimize field water retention. Finally, meteorologist Mike Tannura discusses the agronomic effects of current weather patterns, emphasizing that while recent rainfall has been largely adequate, unusually warm overnight temperatures are significantly reducing crop productivity across the Corn Belt.01:47 Dave Chatterton, Strategic Farm Marketing08:08 Two Edge of Field Conservation Practices16:13 Ag Weather with Mike Tannura, Tstorm.net ★ Support this podcast ★

The August 12, 2026, broadcast of the Closing Market Report, hosted by Todd Gleason, provides a comprehensive overview of the latest USDA crop production numbers and global agricultural weather. Greg Johnson of Total Grain Marketing joins the program to analyze the market's reaction to the USDA data, noting that unexpected increases in corn and soybean planted acres were offset by lowered yield estimates, resulting in tighter ending stocks and a boost to prices. Following this market breakdown, meteorologist Drew Lerner from World Weather Inc. outlines the weather landscape, detailing recent severe storm impacts in the Midwest, ongoing dryness in parts of the U.S. and Western Europe, and generally favorable crop conditions across the Black Sea region and China.01:11 USDA Report Numbers in Review03:36 Ag Markets with Greg Johnson, Total Grain Marketing13:56 Edge of Field Conservation Practices Field Day in Cisco Tomorrow14:39 Ag Weather with Drew Lerner, World Weather Inc. ★ Support this podcast ★

The August 11, 2026 edition of the Closing Market Report, hosted by Todd Gleason for Illinois Public Media, opens with market commentary and a preview of the upcoming USDA WASDE and crop production reports featuring Naomi Blohm of Total Farm Marketing. Blohm highlights expectations for corn and soybean yield figures, technical trading trends, and broader market drivers such as European drought conditions and energy sector influences. Following a review of the latest USDA Crop Progress and Condition Report—which notes steady national development alongside accelerated progress in Minnesota—Gleason previews an upcoming insect management plot tour with extension entomologist Nick Seiter.The program then features Dr. Adam Davis, head of the Department of Crop Sciences at the University of Illinois College of ACES, who discusses the 150th anniversary of the Morrow Plots. Davis details the historical significance of the world's second-oldest experimental agricultural field, key long-term findings on soil management and crop rotation, recent site revitalization efforts, public celebration plans for October 28, and the introduction of the new Alma Mater plots. Closing out the broadcast, meteorologist Don Day of Day Weather reports from the U.S. National Hot Air Balloon Championships in Scottsbluff, Nebraska, detailing a "ring of fire" weather pattern across the Corn Belt that brings heat, muggy nights, and heavy localized rainfall, while analyzing how a strong El Niño could influence the upcoming harvest season.02:00 Ag Markets with Naomi Blohm, Total Farm Marketing12:05 Insect Management Plot Tour Tomorrow12:54 150th Anniversary of the Morrow Plots17:21 Ag Weather with Don Day, Day Weather ★ Support this podcast ★

The August 10, 2026, edition of the Closing Market Report, hosted by Todd Gleason, provides a comprehensive overview of agricultural markets, safety, politics, and weather. The program begins with an analysis by North Dakota State University agricultural economist Frayne Olson, who explains how investment funds shifting capital between stocks and energy indexes are driving current volatility in grain prices, while local basis levels work to regulate actual grain flow. Following a brief announcement regarding the inauguration of the University of Illinois' Alma Mater Plots, Purdue University's Bill Field discusses the ongoing dangers of grain bin entrapments, emphasizing that accident prevention and grain quality management are more critical than post-incident rescue training. The broadcast then covers the stalled Senate Farm Bill, noting that partisan disagreements over SNAP funding and election-year politics have delayed its passage. Finally, Everstream Analytics' Mark Russo delivers an agricultural weather update, highlighting persistent heat and humidity in the Midwest, localized dry pockets in the western Corn Belt, and active Pacific tropical cyclones temporarily impacting Chinese shipping ports.02:00 Commodity Markets Discussion with Frayne Olson12:25 Alma Mater Plots Inauguration Tuesday @ 7:45am13:37 Grain Bin Deaths Persist16:00 Election Politics Drags Down Farm Bill18:14 Ag Weather with Mark Russo ★ Support this podcast ★

The August 7th edition of the Closing Market Report, hosted by Todd Gleason, provides a comprehensive overview of current agricultural markets, agronomic research, and weather trends. The broadcast opens with market analyst Mike Zuzolo, who breaks down how currency fluctuations, international trade sanctions, and global weather concerns are impacting commodity prices ahead of the highly anticipated USDA WASDE and Crop Productions reports. The program then shifts to crop science, featuring researchers Connor Sible and Jared Fender from the University of Illinois. They share practical takeaways from the recent Crop Physiology Field Day, specifically highlighting how farmers can improve fertilizer efficiency and yields by matching specific corn hybrid root architectures with proper nutrient placement. The episode concludes with a forecast from meteorologist Eric Snodgrass, who discusses the unpredictable nature of summer convective rainfall, the silver lining of cooler August temperatures for drought-stressed crops, and the potential long-term impacts of a historically strong El Niño pattern on South American agriculture.00:31 Ag Markets with Mike Zuzolo, GlobalCommResearch.com07:27 Crop Physiology Field Day, Connor Sible10:54 The Corn RootBall & Fertilizer Placement15:56 Ag Weather with Eric Snodgrass, NutrienAgSolutions.com ★ Support this podcast ★

The August 6, 2026, broadcast of the Closing Market Report provides an overview of daily commodity markets, agricultural economic developments, fall soil fertility strategies, and global weather patterns. Market analyst Jim McCormick highlights recent technical defense of corn and soybean positions, noting short-term downside risks ahead of the upcoming USDA crop production report alongside long-term bullish factors tied to El Niño and geopolitical trade issues. The broadcast also features economic analysis indicating that stabilized U.S. trade tariffs are beginning to show subtle inflationary effects on consumer prices. Additionally, soil fertility specialist John Jones advises producers to base fall nitrogen and phosphorus applications on recent field soil testing to ensure profitable, rather than strictly yield-chasing, fertilizer investments. Concluding the program, meteorologist Mike Tannura forecasts a favorable pattern of rain and cool fronts across the U.S. corn belt, while warning that severe, crop-damaging heat and drought conditions persist across Western Europe.02:00 Ag Markets with Jim McCormick, AgMarket.net07:46 WILLAg News Update10:59 What to do about Fall Fertilizers16:56 Ag Weather with Mike Tannura, Tstorm.net ★ Support this podcast ★

The August 5, 2026, edition of the Closing Market Report provides a comprehensive overview of commodity markets, sustainable energy integration, and agricultural weather. The program begins with a review of daily market prices before transitioning to an interview with agricultural economist Ed Usset, who analyzes crop conditions ahead of the upcoming USDA production report and offers pricing strategies for the approaching harvest. Next, Madhu Khanna discusses the SCAPES project and the economic viability of agrivoltaics, explaining how shade tolerance and regional climates dictate the success of co-locating crops with solar panels. The episode concludes with a detailed weather outlook from meteorologist Drew Lerner, who examines El Niño's impact on global growing regions, including Asia and the U.S. Corn Belt.01:57 Ag Markets with Ed Usset, University of Minnesota08:33 Understanding the Economics Agrivoltaics14:58 Ag Weather with Drew Lerner, World Weather Inc. ★ Support this podcast ★

The August 4, 2026, broadcast of the Closing Market Report, hosted by Todd Gleason, provides a comprehensive overview of agricultural commodity markets, crop conditions, bioenergy trends, and regional weather forecasts. Market analyst Naomi Blohm discusses the recent drop in corn and soybean futures, attributing the shift to incoming rainfall across the Midwest that has eased weather concerns, alongside recent technical market movements. Host Todd Gleason then reviews the USDA crop progress report, highlighting that national corn and soybean development is pacing ahead of historical averages, and notes that the Crop Protection Network currently assesses a low risk for tar spot disease across most of the Midwest. Later in the program, Dan O'Brien of Kansas State University Extension explores the moderate profitability of the U.S. ethanol industry and explains how 45Z tax regulations are creating distinct advantages for low-carbon bioenergy producers and renewable diesel. Finally, meteorologist Don Day from Day Weather anticipates a transition toward a more normal August pattern, forecasting that returning subtropical moisture will bring necessary rain to much of the Corn Belt, although areas like Texas and Oklahoma are expected to remain hot and dry.01:14 Ag Markets with Naomi Blohm, Total Farm Marketing07:32 Crop Progress, Conditions, and Outliers09:28 Crop Progress, Conditions, and Outliers10:54 Ag Energies with Dan O'Brien, K-State Extension20:37 Ag Weather with Don Day, Day Weather ★ Support this podcast ★

The August 3, 2026, episode of the Closing Market Report, hosted by Todd Gleason, provides a comprehensive overview of agricultural commodity markets, biofuel industry developments, and global weather forecasts. Market analyst Jerry Gulke discusses the recent uptrend in corn and soybean prices, advising producers on risk management and hedging strategies to navigate changing market fundamentals. In agricultural news, a report by Stephanie Hoff highlights how the EPA's increased renewable volume obligations are successfully boosting biodiesel production and creating jobs. Driven by this biofuel policy, ADM also announced investments to expand its North American oilseed crush capacity across several states. Finally, meteorologist Mark Russo provides a weather update, noting beneficial widespread rains and moderate temperatures across the U.S. Midwest. However, he warns of a severe crop-damaging drought in Western Europe, expanding dryness in Southeast Asia, and the potential for a wet U.S. fall harvest fueled by a rapidly strengthening super El Niño.00:58 Ag Markets with Jerry Gulke, Gulke Group09:20 Higher Renewable Volume Obligations Fuel Industry Growth14:19 ADM Investing in Crush Capacity15:45 Ag Weather with Mark Russo, EverStream Analytics ★ Support this podcast ★

The July 31, 2026, episode of the Closing Market Report features host Todd Gleason speaking with market analyst Mike Zuzolo and meteorologist Eric Snodgrass. Zuzolo outlines how current geopolitical tensions, including tariffs, sanctions, and expanding global conflicts, are driving market volatility and influencing asset rotation out of equities and into commodities, despite high bond yields. He also notes poor crop conditions in Europe and suggests upcoming USDA reports could lower U.S. corn yield expectations, though demand remains a critical unknown. Snodgrass provides a weather update, noting that intense heat has severely stressed crops in the Western Corn Belt—causing potentially significant yield losses—while the eastern regions remain in better condition. Looking ahead, Snodgrass anticipates a moderation in U.S. temperatures for August but warns that an impending, historic El Niño could disrupt South American planting seasons and complicate the upcoming U.S. fall harvest. ★ Support this podcast ★

The July 30, 2026, episode of the Closing Market Report covers recent developments in agricultural commodity markets, industry news, consumer trends, and regional weather forecasts. Market analyst Matt Bennett discusses the recent downturn in soybean and corn futures, attributing the market's sell-off to anticipated weekend rainfall across the dry Corn Belt. The agricultural news segment briefly highlights upcoming Farm Bill markup negotiations, updated USDA wetland determinations, and an expected increase in farmland supply entering the fall sales season. Next, CoBank livestock economist Abby Groves explains the rapid expansion of the $4.4 billion meat snack industry, noting that the 45% category growth is largely driven by consumers seeking convenient, high-protein options and the rising use of GLP-1 weight-loss medications. Concluding the broadcast, meteorologist Mike Tannura reviews the exceptionally warm and dry conditions of the past 15 days that have negatively impacted crop ratings, while forecasting a strong incoming weather system expected to bring one to three inches of stabilizing rain across the Midwest.01:22 Ag Markets with Matt Bennett, AgMarket.net07:38 WILLAg News Update10:15 Meat Snacks: Market Growth, GLP-1s, & Innovation17:28 Ag Weather with Mike Tannura, Tstorm.net ★ Support this podcast ★

The July 29, 2026, edition of the Closing Market Report examines agricultural market volatility, variable crop conditions, and regional weather impacts. Analyst Greg Johnson attributes recent market shifts to uncertainties surrounding Chinese soybean purchases, U.S. tariffs and a highly variable U.S. corn crop. A review of the USDA crop progress report indicates advanced development in the upper Midwest, while the Crop Protection Network currently assesses a low risk for tar spot disease across the region. Josh Linville warns of a fall phosphate fertilizer shortage, why farmers might forego applications, and what happens if demand surges unexpectedly. Meteorologist Drew Lerner concludes the broadcast by analyzing recent heat stress in the northwestern Corn Belt, noting that impending rainfall should prevent severe production losses.00:20 Ag Markets with Greg Johnson, Total Grain Marketing09:36 Weekly Crop Progress Report State Anomalies11:43 Crop Risk Tool & Tar Spot Development14:58 Phosphate Fertilizer Squeeze with Josh Linville17:19 Ag Weather with Drew Lerner, World Weather Inc. ★ Support this podcast ★

The July 28, 2026, special edition of the Closing Market Report features an economic outlook for Midwestern row crop farmers presented by University of Illinois agricultural economist Gary Schnitkey. Schnitkey highlights a sustained cost-price squeeze resulting from commodity prices returning to long-run plateaus while input costs remain elevated following their 2022 peaks. This dynamic is projected to cause negative per-acre returns for the 2026 crop year, though ad hoc government payments continue to buffer overall financial losses. Looking ahead to 2027, Schnitkey warns that the ongoing conflict in Iran will likely exacerbate these financial pressures by driving up critical input costs, particularly for diesel fuel and fertilizer. ★ Support this podcast ★

The July 27, 2026, edition of the Closing Market Report, hosted by Todd Gleason, provides a comprehensive overview of agricultural market volatility, farm economy risks, and regional weather forecasts. In their final appearances before retirement, analysts Curt Kimmel and Chad Hart discuss recent downturns in commodity prices, attributing the rapid shifts to global conflicts and unexpected geopolitical developments—such as China brokering peace discussions—while advising producers to strategically navigate these volatile marketing conditions. The broadcast also highlights the potential risks to cash rents if federal ad hoc farm payments cease, alongside a brief news segment detailing how growing rural health disparities are negatively impacting the local workforce. Concluding the episode, meteorologist Mark Russo discusses recent severe storms in the Chicago area and forecasts a much-needed shift toward near-normal rainfall and cooler temperatures across the Corn Belt as a high-pressure ridge weakens and moves westward.02:12 Ag Markets with Curt Kimmel, AgMarket.net08:22 Plan Ahead for Fewer Ad Hoc Farm Payments09:18 Rural Health Disadvantages in the U.S10:18 Commodity Markets Discussion with Chad Hart17:36 Ag Weather with Mark Russo, EverStream Analytics ★ Support this podcast ★

cmr260724The July 24, 2026, broadcast of the Closing Market Report, hosted by Todd Gleason, provides a comprehensive overview of current agricultural commodities and weather forecasts. Market analyst Dan Basse outlines a bullish, demand-driven outlook for corn and soybeans, citing European droughts, Black Sea conflicts, and expanding US biofuel consumption, while advising producers to utilize marketing tools that maintain upside potential. Following the market analysis, meteorologist Eric Snodgrass details a stark regional divide in crop conditions, noting that severe heat and dryness are heavily stressing the Western Corn Belt while eastern regions fare much better. Snodgrass also cautions that a historic, rapidly intensifying El Niño could lead to a wet, difficult autumn harvest.01:22 Ag Markets with Dan Basse, AgResource Company09:41 Ag Weather with Eric Snodgrass, Nutrien Ag Solutions ★ Support this podcast ★

The July 23, 2026, edition of the Closing Market Report examines commodity market volatility, political gridlock affecting agricultural policy, and highly concerning weather forecasts. Matt Bennett of AgMarket.net highlights new contract highs in November soybeans, attributing current market dynamics to geopolitical conflicts in the Black Sea and Iran, combined with the threat of dry weather in the Corn Belt. In political news, legislative progress on the Farm Bill and other GOP initiatives remains stalled due to Mitch McConnell's health-related absence and the passing of Lindsey Graham, which has left Republicans without key committee majorities. Meanwhile, the Renewable Fuels Association is heavily promoting new polling data demonstrating 73 percent bipartisan voter support for year-round E15 gasoline sales in an effort to overcome Senate roadblocks. Finally, Mike Tannura of Tstorm Weather warns that while 30-day rainfall totals appear average, the most recent 15 days were historically dry, and predictive models for the next 14 days project potentially record-breaking heat and drought conditions across major corn and soybean producing regions.02:06 Ag Markets with Matt Bennett, AgMarket.net07:55 McConnell's Absence, Graham's Death Hobble GOP Initiatives09:48 RFA Uses Voter Polling Data to Support E1517:02 Ag Weather with Mike Tannura, Tstorm Weather ★ Support this podcast ★

The July 22, 2026, edition of the Closing Market Report, hosted by Todd Gleason, provides a comprehensive update on agricultural markets, policy news, and weather forecasts. Market analyst Greg Johnson highlights a recent rally in soybean and wheat prices fueled by strong domestic crush demand and geopolitical tensions in the Black Sea, which has encouraged cash sales among Central Illinois farmers. The news segment covers significant staffing reductions at local Natural Resources Conservation Service (NRCS) offices that threaten conservation programs, alongside a report on the looming economic impact of new Section 301 tariffs following a recent Supreme Court ruling. Finally, meteorologist Drew Lerner offers a weather outlook, noting favorable crop conditions in the eastern Corn Belt while warning of persistent heat and dryness that threaten crops and livestock across the western plains, the Dakotas, and the Delta region.01:56 Ag Markets with Greg Johnson, TGM Total Grain Marketing10:57 24 Illinois Counties Lose Half or All NRCS Staffing11:59 Trump Tariffs Still Looming over Economy14:33 Ag Weather with Drew Lerner, World Weather Inc. ★ Support this podcast ★

The July 21, 2026, edition of the Closing Market Report, hosted by Todd Gleason, provides an overview of agricultural commodity markets, crop conditions, energy prices, and weather forecasts. Naomi Blohm of Total Farm Marketing analyzes recent rallies in wheat and soybean futures, attributing market movements to European droughts and ongoing geopolitical tensions, while cautioning producers about potential price pullbacks. The broadcast details the latest USDA Crop Progress Report, noting that corn and soybean development is ahead of historical averages across much of the Midwest, and provides an update on tar spot tracking from the Crop Protection Network. Dave Chatterton of Strategic Farm Marketing discusses the volatility in agricultural energies, warning that escalating conflicts in the Middle East and the Black Sea, combined with low strategic petroleum reserves, pose upside risks for fall diesel and fertilizer prices. Finally, Don Day of Day Weather outlines a hot and dry forecast for the northern and western Corn Belt, highlighting concerns about potential crop stress during the critical August period.01:15 Ag Markets with Naomi Blohm, Total Farm Marketing 08:21 USDA Crop Progress Report 10:48 Crop Protection Network Update 12:55 Ag Energies with Dave Chatterton, Strategic Farm Marketing 19:55 Ag Weather with Don Day, Day Weather ★ Support this podcast ★