The Final Bell

Channel Final Bell with Austin Schroeder | August 4, 2025

As we close out July, market volatility takes center stage. Mike Zuzolo of Global Commodity Research joins the Channel Final Bell to unpack end-of-month grain action, how EU corn values are factoring into global trade, and whether supply concerns are quietly building. Plus, the latest on the Fed's interest rate outlook and a sharp move in the cattle market. Zuzolo also outlines key markers to watch in August that could shake things up. Don't miss this deep dive into the markets.

Corn posted modest gains on Wednesday, supported by fresh export sales and limited farmer selling. But soybeans faded once again on weak demand and continued meal pressure. Kansas City wheat showed relative strength, while global weather stories—from 100-degree heat in Ukraine to strong spring wheat yields—added complexity to the trade. In the livestock markets, feeder cattle saw sharp losses and live cattle also pulled back, as traders position ahead of Friday's Cattle Inventory and Cattle on Feed reports. Lean hogs held steady, with some attention turning to reports of production losses in China and a shift in feed usage. Mike Zuzolo of Global Commodity Analytics joins the Channel Final Bell to break down:

Despite a flurry of new trade deals, ag grain markets remain sluggish. On this episode of the Channel Final Bell, Shawn Hackett of Hackett Financial Advisors joins Bryce Doeschot to break down what's really moving the markets—and what's not. Topics covered include: Why futures aren't reacting to recent trade agreements What delayed deal details could mean for ag demand The market's current obsession with weather and yield potential Why soybeans may be the first to rally Concerns over Russian and Ukrainian wheat harvests Hackett says: “The trend is your friend—downward—until we get to the USDA report.” Listen in for a sharp and timely outlook on grains, soybeans, and wheat—and what could finally wake these markets up.

On today's episode of The Channel Final Bell, Sue Martin with Ag and Investment joins us to unpack a choppy day in the grain markets. Corn and soybeans drifted lower while wheat found support, thanks in part to a weakening U.S. dollar. Sue shares her take on crop conditions and demand signals.

JJ Lauby with Agri Management Systems in Loomis joins us on today's episode of the Channel Final Bell. Corn continues to grind higher, while soybeans manage a higher close—though off session highs. Wheat stands out with a bold rally, and cattle markets remain cautious. Get JJ's perspective on what's driving the grain and livestock markets this week.

Soybeans finished with double-digit gains, while corn and wheat were up 3-4 cents. Live and feeder cattle settled with triple-digit gains again. Arlan Suderman, Chief Commodities Economist at StoneX, breaks down Wednesday's trade. Topics: Strength in beans Indonesia trade deal Trump and the Fed Extended weather

Grains were mixed on Monday with soybeans the leader to the downside. Livestock trade rebounded after Monday's selloff. Livestock market analyst Kyle Bumsted breaks down Tuesday's trade. Topics: - Cattle rebound on positioning - Country movement and auctions - Key reversal up in corn - Soy lower despite big crush - Keys for trade the rest of this week

Feeder cattle settled over $5 lower on Monday, with some analysts wondering if it's the beginning of a downward slide for cattle. Meanwhile, grains finished mixed. Ross Baldwin with AgMarket.net breaks down Monday's trade. Grains back and forth to start the week  Technical views on corn/soy  Merc sells off Answers in coming cattle reports?

Mike Zuzolo of Global Commodity Analytics breaks down today's market trade ahead of Friday's anticipated WASDE Report. Discussion also follows the re-closure of the US-Mexico border with regard to how the livestock markets finished.

Live and feeder cattle futures finished another day with strong gains while favorable weather and excellent crop conditions pressured the grains. Jim McCormick with AgMarket.net detailed Tuesday's trade. Topics - Crop ratings - possible 185 bpa yield? - 45Z and biofuels - Trade talks with South Korea, Japan, others? - Feeders rebound fast and furious

Soybeans and wheat rallied higher following news of a trade deal with Vietnam. Live and feeder cattle futures finished with strong gains. Topics: - Strength uncovered in grains and livestock - Trade deals with Vietnam - others to follow? - One Big Beautiful Bill - Mexican cattle imports - Holiday trade mentality - Late July weather

Feeders fell over $5 on news of borders reopening to Mexican cattle imports. Crop conditions jump to the best corn rating since 2019. Jim McCormick of AgMarket.net breaks down Tuesday's trade. - Lingering influence from reports - Monday Crop Progress movement - OBBB movement out of the US Senate - Negative cattle markets - Market prep after Fourth of July holiday

What's typically a highly-anticipated report from the USDA, today's acreage report delivered few surprises and sparked little to no reaction for the grains. Live and feeder cattle futures faced pressure Monday morning, but reversed course to close $1 to $2 higher. Topics: - June Live Cattle off the board - Aug now lead month - Livestock technicals going into July  - Report day for the grains - historically speaking, a muted reaction - Keys for new month/new quarter/holiday week trade

Grain trade snapped a four-day losing streak on Friday, while cattle futures finished $3-$4 higher. Sue Martin with Ag & Investment Services breaks down Friday's factors.

Grains closed lower for the fourth day in a row this week. Live and feeder cattle settled higher, while lean hogs settled lower ahead of the Quarterly Hogs and Pig Report. Mike Zuzolo with Global Commodity Analytics breaks down Thursday's trade. Topics: - Relationship between grains and crude oil - Weather headlines - Stocks and acreage

Soybeans plunged over 20 cents to close a third straight day of losses for grains. Livestock closed mixed. Arlan Suderman, Chief Commodities Economist at StoneX, breaks down today's trade. Topics: - Psychology of the market - Slight chart damage in grains - How the closed Mexican border to feeder imports could affect corn - Preview of Hogs and Pigs Report

Ag commodities finished lower on Tuesday, with wheat down 17 cents, soybeans down 12 cents and cattle down 15 to 70 cents. Jim McCormick with AgMarket.net breaks down today's factors. - Drop in crude pulls grains lower - Potential volatility 1-3 weeks out - Cattle hold technical line

On this episode of the Final Bell, Arlan Suderman of StoneX breaks down today's market movement. Wheat picks up some premium while corn and soybeans remain muted. We also talk about New World Screwworm, and how geopolitical uncertainty and ICE action are impacting the trade. Plus, what this holiday week means for market volume.

Livestock market analyst Kyle Bumsted joins the Channel Final Bell to break down today's trade, including factors behind a plummet in live and feeder cattle futures. Topics: - Drivers behind lower futures - Spreads and what they indicate - Cattle on Feed preview

Soy oil finished with big gains on Monday following the announcement from the EPA on Friday. Sam Hudson with Cornbelt Marketing, Inc. recaps the trade. Topics: - Biofuels influence - Middle East conflict and energy - Crop conditions today - Holiday - Choppy trade this week - End of month prep

Jeff Peterson with Heartland Farm Partners recaps Friday's trade. How would you summarize the corn and soybean markets at this time? What did you think of the proposed Renewable Volume Obligations from EPA that were announced this morning? What is the process for the RVO numbers to be finalized? Does the RVO affect the corn or soybean markets the most? Is Israel's attack on Iran having much to do with the corn and soybean markets being higher? How does the corn supply and demand look overall? What will it take to keep moving the corn and soybean markets higher?

Soybeans and wheat were lower on Thursday, while livestock settled mixed. Mike Zuzolo with Global Commodity Analytics recaps the trade. Topics: - Pre-report attitude - WASDE highlights - EPA biofuels announcement rumors - Cattle and hogs ease off early moves - Keys for Friday

Corn and wheat settled within a penny of unchanged, while soybeans were down as much as 7 cents. Feeder cattle traded $1.50 to $2 lower. Arlan Suderman, Chief Commodities Economist at StoneX, breaks down Wednesday's trade. Topics: - Narrow swings in grains - WASDE preview - Ethanol production - "Trade" announcement - Cash cattle vs. futures

Corn reverses course to close higher, while soybeans settle within a penny of unchanged. Wheat closes 7 to 10 cents lower and livestock close mixed. SUE MARTIN - AG & INVESTMENTS, CLARION IA TOPICS TODAY.... WEATHER PRESSURES CORN AND WHEAT SOYBEAN TECHNICAL PICTURE WASDE PREVIEW FEEDER CATTLE TRADE RUMORS

Corn and wheat finished with double-digit losses, while soybeans were of 1 to 6 cents on Monday. Feeder cattle finished $1.50 higher, while lean hogs also started the week with 10 to 70 cent gains. Sam Hudson of Cornbelt Marketing recaps Monday's trade. Topics: - Low volume, low excitement day in grains - Benign weather forecast - WASDE this week - Cattle catch late-day rally - Hogs reach medium-term highs

Cattle futures surged higher Thursday, in part due to hints of potential trade negotiations with China. Grains were also higher, led by soybeans. Mike Zuzolo with Global Commodity Analytics says perhaps the U.S. should prioritize a deal with India first. Topics: - China vs. India trade opportunities - Poor crop conditions - Cattle continues to surge higher

Grain and livestock trade finished higher on Wednesday. Arlan Suderman, Chief Commodities Economist at StoneX, recaps the market movers. Topics: - Wheat trade builds in risk premium on war escalation - Corn, soybeans watch biofuel programs - Cattle futures pushed by higher cash

Row crops reversed Monday's losses, while cattle - which traded as much as $2.50 higher - settled lower. PJ Conradt of Tredas breaks down today's activity. Topics: - Market movement - Fund activity/position - Mindset going into June - Keys to finish pricing old crop - Opportunities for new crop action

Cattle futures ended higher on Monday, with most feeder contracts up over $3, following another record-setting week of cash trade. Corn and soybeans settled lower, while wheat finished 5 cents higher. J.J. Lauby of Agri Management Systems in Loomis breaks down the trade. Topics: - No fear of weather - Fund status and influence - Cattle futures play catch-up - Hogs grab an opportunity - Keys for the rest of the week

Corn and soybeans settled 15-20 cents lower on the week, largely pressured by favorable weather. Cash cattle trade continues to set records, but futures haven't followed the strength. Don Roose with U.S. Commodities recapped the trade. Topics: - Risk premium evaporates - Seasonalities emerge - Status of tariffs/negotiations - Cattle futures ignore cash strength - Hog seasonals

Corn settled 2-4 cents lower, soybeans traded unchanged to 3 higher and wheat led the grains higher again, up as much as 13 cents in the Minneapolis complex. Meanwhile, feeder cattle saw over $4 gains again. Mike Zuzolo with Global Commodity Analytics breaks down the trade. Topics: - Seasonality of the markets - Wheat may be going counter-seasonal - Federal court blocks Trump's tariffs - South America's crop conditions - Cattle fight back

Corn and soybeans settled lower, in part on favorable weather, rapid planting progress and good condition ratings from the USDA. Jim McCormick of AgMarket.net breaks down Wednesday's movement. Topics: - Crop ratings impact corn - Weather and wheat - Export status - Demand for beef - Pork opportunity

Feeder cattle plunged over $6 on rumors of a New World Screwworm detection in the U.S. that was debunked by the USDA. Meanwhile, wheat finished sharply lower on improved weather and crop conditions. Austin Schroeder with Brugler Marketing and Management recaps Tuesday's factors. Topics: - Favorable weather and improved conditions - USDA crop conditions - Beef demand post-holiday

Mike Zuzolo, president of Global Commodity Analytics, breaks down today's trade. Topics: - Export sales remain bright spot - Market sentiment around biofuels - Cattle on Feed preview

Corn, soybeans and wheat settled with modest gains, while cattle settled mixed. Austin Schroeder from Brugler Marketing and Management breaks down today's trade. Topics: - Beans up universally - Wheat backs off at the close - Corn helped by wheat - Technical signals - Cattle mixed - Keys for trade before Memorial Day

On this episode of the Final Bell, Jeff Peterson with Heartland Farm Partners joins us to break down the bullish momentum in the grain markets. We dive into what's behind the recent strength in wheat, what's pushing corn prices higher, and how the funds are influencing corn and soybean trade. Jeff also gives a fresh look at crop progress in Brazil and Argentina—and shares what it might take to keep the rally going. Don't miss this market insight!

Today's modest gains in the grains were led by the wheat pits. Live cattle settled higher, while feeders and lean hogs settled mixed. Zach Tindall with Producers Livestock in Sioux City recaps today's trade. Topics: - Lighter cash trade - Crop progress and weather concerns - Cattle on Feed preview

After a volatile week of trade, grains closed slightly lower while livestock closed slightly higher on Friday. Heather Ramsey with the ARC Group recaps the day's trade. Topics: - Wheat crop perception vs. reality vs. potential - Trade two weeks of weather - Reality of carry-out predictions - Keys for risk management plan

Cattle futures tanked for a second straight day, with feeders off nearly $6.50. The soy complex was also under pressure today, with soybeans trading over 25 cents lower and soy oil finishing limit lower. Mike Zuzolo with Global Commodity Analytics breaks down today's market movers. Topics: - Wheat tour/production possibilities - Soybeans left to move lower - Crude oil - Technical top in fat/feeder cattle - Keys for end-of-week trade

Livestock market analyst Kyle Bumsted recaps factors impacting Wednesday's trade, where livestock traded lower and wheat led the grains higher. Topics: - Cattle start higher, end lower - Technical/chart damage - Indication of cash trade? - Hogs meander around - Algos move wheat - Basis perception vs. reality

Both grain and livestock settled mixed on Tuesday. Jim McCormick with AgMarket.Net breaks down the day's activity. Topics: Big volume in corn, emotional day Big range in beans, not much volume Technical picture in grains Quiet after feeder cattle surge

How did the crop reports look to you overall? What did the corn the corn numbers look like? How did the world corn numbers drop so much? What did the soybeans numbers look ? What will the corn and soybean markets focus on going forward? What do you think the funds will going forward? Are there any adjustments that need to be made to our marketing plans?

Austin Schroeder of Brugler Marketing and Management breaks down Friday's trade. - Wheat eights heavy on markets - Corn/beans short covering - Preview of Monday's WASDE - Cattle weaker but support $300 feeders - Trade talks and planting progress

Feeder cattle topped $300 today, while soybeans held support for the grains. Topics Today: - Export demand and strength - Tariffs and trade with UK, China, India - Weather headlines - $300 feeder cattle - Live-Feeder-Hog ratios - Keys ahead of Monday WASDE

Grain complexes backed off the highs from the day on fizzled optimism from trade talks. Meanwhile, livestock trade closed lower. Arlan Suderman of StoneX weighed in on the trade. Topics: - Trade rhetoric - Renewable fuels - Fear of falling consumer demand

Favorable planting weather continues to pressure grain trade. Jim McCormick with AgMarket.net recapped the day's trade. Topics: - Favorable weather and long range forecast - Weather premiums - Trade discussions - Willingness to pay for beef

All grains closed lower today, while live and feeder cattle saw triple digit gains again. J.J. Lauby with Agri Management Systems breaks down today's trade. Topics: - Weather and planting progress - Export sales still strong - Cattle futures follow cash trade higher

It was a strong finish to the week for wheat and an even stronger one for the cattle markets. On this episode of the Channel Final Bell, Kyle Bumsted with Allendale breaks down Friday's close, including double-digit gains in all three wheat contracts. Corn and soybeans had mixed closes, while live and feeder cattle surged to record highs. Kyle also discusses outside market pressure from the dollar, crude oil, and a strong Dow rally. Don't miss his thoughts on what to watch heading into next week.

Soybeans reversed their negative trade just ahead of the close to settle 5 cents higher. Corn and wheat settle within pennies of unchanged, and feeder cattle traded mostly lower despite strong cash trade. Sam Hudson with Cornbelt Marketing recapped today's trade. Topics: - Soybean reversal - Strength in bean oil - May goes off the board - May-August spread in feeder cattle

Feeders are the leaders yet again, settling up over $2.20 in May. Meanwhile, corn and soybeans closed double digits lower, pressured by planting pace and demand. David Ericson with Ag Optimus in Akron, Iowa, breaks down today's trade. Topics: - Feeders are the leaders - Potential close of Mexican border - Live cattle and lean hog relationship - Grains eye planting progress, demand