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Randy Martinson of Martinson Ag is this afternoon's guest market analyst, plus John Nalivka of Sterling Marketing joins us, and Brian Bledsoe talks weather issues. Matt Bennett of AgMarket.com shares price action perspective.See omnystudio.com/listener for privacy information.
The June 22, 2026, Closing Market Report highlights a sharp contrast in global weather patterns and their developing impacts on crop conditions. In the United States, the Corn Belt and Southern growing regions are currently maintaining highly favorable soil moisture levels, setting a strong baseline for development. However, recent heavy rainfall and consecutive weeks of flooding in parts of the Midwest are expected to result in a 1% to 3% downgrade in the upcoming crop conditions report. In stark contrast, Europe is enduring a severe, record-setting heatwave with below-normal rainfall, raising significant moisture stress concerns for summer crops like corn and sunflowers, particularly in France. Meanwhile, South American harvests in Brazil are progressing smoothly with only minor, localized disruptions.Market attention is increasingly shifting toward the upcoming USDA grain stocks and acreage reports. Driven by rapid spring planting speeds and broader financial pressures, agricultural economists project a potential increase in both corn and soybean acres, as farmers frequently favor these traditional crops during tight financial periods. This shifting landscape is further framed by long-term structural changes in Southern U.S. agriculture, which has suffered a disproportionate loss of 32 million harvested acres over the past century. This massive historical decline has led analysts to question whether federal safety nets that heavily favor cotton, peanuts, and rice are inadvertently stifling regional innovation and crop diversification.In livestock and international trade, domestic beef demand continues to outpace expectations and remains robust, even with ongoing headline concerns regarding screwworm in Mexican cattle herds. On the geopolitical stage, Vice President J.D. Vance announced a proposed structural agreement regarding Iran, where any potential unfreezing of Iranian financial assets would require joint U.S. and Qatari oversight and be strictly earmarked for the purchase of American soy, corn, and wheat. While these geopolitical headlines introduce short-term volatility, market experts emphasize that traders must focus on strong domestic crop usage, robust export paces, and baseline supply and demand fundamentals to accurately navigate the marketplace.00:00 The About Southern Agriculture Edition02:02 Ag Markets with Curt Kimmel, AgMarket.net07:35 V.P. Vance mentions a possible Corn, Soy, Wheat Deal with Iran09:42 The Evolving US Southern Crop Problem12:14 Commodity Markets Discussion with Chad Hart17:50 Ag Weather with Mark Russo, Ever Stream Analytics ★ Support this podcast ★
The June 18, 2026, Commodity Week panel analyzed current agricultural market fundamentals, prioritizing export demand, domestic crop conditions, and macroeconomic shifts. China recently purchased 4.8 million bushels of U.S. soybeans, yet long-term fulfillment of their 25-million-metric-ton commitment remains uncertain pending tariff adjustments and sustained export competition from Brazil. Domestically, the market is bracing for upcoming USDA acreage and grain stocks reports, with analysts anticipating slight increases in soybean acreage and noting discrepancies in feed and residual data driven by heavier cattle slaughter weights. The recent Cattle on Feed report indicated a 102% year-over-year inventory, though overall beef production projections remain inexplicably low according to the panel. Furthermore, U.S. corn crop conditions vary drastically based on planting dates, with early-planted corn thriving while late-planted fields struggle against excessive moisture. Finally, macroeconomic volatility is expected to persist as the new Federal Reserve leadership implements a strictly data-driven policy approach, strengthening the U.S. dollar and emphasizing the need for producers to actively execute pricing orders amidst shifting fundamentals.Panelists - Jim McCormick, AgMarket.net - Garrett Toay, AgTraderTalk.com - Mike Zuzolo, GlobalCommResearch.com ★ Support this podcast ★
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.
The June 15, 2026, edition of the Closing Market Report covers recent agricultural commodity market trends, global supply estimates, and international weather forecasts. Curt Kimmel of AgMarket.net notes that agricultural markets are currently stabilizing, with the recent Iran war settlement expected to reduce transportation and energy costs, thereby boosting investor confidence and global grain demand. Agricultural economist Ben Brown discusses the bearish impact of the latest World Agricultural Supply and Demand Estimates (WASDE) report, which revealed a 14 million metric ton increase in global corn production, largely driven by India. Brown also highlights strong domestic soybean crush demand and notes that global wheat production increases are currently overshadowing tightening U.S. supplies. Furthermore, Brown emphasizes the strong correlation between energy and grain prices while warning of potential agricultural trade disruptions if the USMCA agreement is not extended. Finally, Mark Russo of EverStream Analytics forecasts another round of severe storms and heavy rainfall for the U.S. Corn Belt before shifting to a drier pattern, while simultaneously warning of a prolonged heat wave and declining soil moisture threatening crops in Western Europe, particularly in France.- Ag Markets with Curt Kimmel, AgMarket.net- Commodity Markets Discussion with Ben Brown- Ag Weather with Mark Russo, EverStream.ai ★ Support this podcast ★
Jim discusses if funds are done pushing grains lower. While cattle correct with lower cash and with the closure of a JBS Pennsylvania beef plant. See omnystudio.com/listener for privacy information.
USDA REPORT DAYThe June 11, 2026, Closing Market Report covers updates on agricultural commodity markets, upcoming extension events, agronomic research, and global weather patterns. Jim McCormick of AgMarket.net noted that the USDA's June WASDE report introduced largely bearish global supply revisions for corn, wheat, and soybeans, contributing to lower market closing prices across the board. In agronomic news, Travis Meteer previewed the June 17 Dudley Smith Farm field day, an event connecting beef and row crop producers with University of Illinois researchers to discuss nutrients, water quality, and fertility management. Additionally, agricultural economist Gary Schnitkey highlighted findings from 11 years of Precision Conservation Management data, showing that utilizing no-till or one-pass light tillage systems—alongside maintaining nitrogen rates near the Maximum Return to Nitrogen limit—consistently provides the highest profitability for farmers. Finally, Mike Tannura of T-storm Weather reported that recent intense storms have sufficiently moistened the U.S. Corn and spring wheat belts, while looking abroad, a severe heat wave is expected to negatively impact crops in France, Italy, and Spain next week.- Ag Markets with Jim McCormick, AgMarket.net- June 17 Dudley Smith Farm Field Day Preview- farmdoc Webinar Explores Tillage & Nitrogen Practices- Ag Weather with Mike Tannura, Tstorm.net ★ Support this podcast ★
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.
Brian Splitt, AgMarket.NetSee omnystudio.com/listener for privacy information.
This afternoon's guest market analyst is Brady Huck with Empower Ag Trading and Stephen Diebel, president of the Texas & Southwestern Cattle Raisers Association, joins us to discuss New World screwworm plus price action perspective from Brian Splitt of AgMarket.netSee omnystudio.com/listener for privacy information.
The June 8, 2026, edition of the Closing Market Report provides an assessment of agricultural commodities, upcoming USDA reports, and global weather impacts. Curt Kimmel of AgMarket.net highlights that a recent screwworm outbreak is causing market volatility, though long-term impacts depend on the disease's spread and its effect on available cattle supplies. Kimmel also anticipates minor adjustments in the upcoming WASDE report, projecting slight decreases in new crop corn ending stocks due to old crop demand, with soybeans and wheat remaining largely unchanged. Frayne Olson from North Dakota State University corroborates this subdued expectation for the June WASDE, noting the USDA is unlikely to revise export forecasts without concrete details from recent US-China trade agreements. Olson emphasizes the significance of the June 30th grain stocks report for tracking feed consumption and explains that recent market fluctuations are heavily influenced by index fund investors shifting capital between energy, agriculture, and the stabilizing stock market. Consequently, Olson advises producers to establish predetermined target prices rather than attempting to time volatile market swings. Finally, Everstream Analytics meteorologist Mark Russo reports that beneficial rainfall and above-average temperatures are accelerating crop development across the US Corn Belt, presenting no immediate yield threats. However, Russo warns that a returning, near-record heatwave combined with dry conditions in Western Europe poses a significant risk to their summer crops.- Ag Markets with Curt Kimmel, AgMarkets.net- Commodity Markets Discussion with Frayne Olson, NDSU Extension- Ag Weather with Mark Russo, EverStream.ai ★ Support this podcast ★
Tyler Schau, Partner and Chief Financial Officer at AgMarket.Net, joins the program to take a look at markets as the week winds to a close.Dr. Lee Schulz, Ever.Ag, talks to RFD Radio Network and FarmWeek's Rhiannon Branch from the World Pork Expo.Brad Rippey, USDA Meteorologist, covers incoming storms in the Midwest.
In the commodity sector, corn and soybeans experienced a sharp decline, breaking through key moving averages. This downturn was driven by continuous fund selling, speculation about delayed Chinese purchasing, and increased Argentine crop estimates. While farmers have priced approximately 25% of their new crop—outpacing last year's sales—they remain below the 50% to 60% targets recommended by analysts. Future price rallies are heavily dependent on whether the dry northern regions of the Corn Belt receive sufficient rainfall in the coming days.The USDA has confirmed the presence of the New World screwworm in South Texas, initiating a 20-kilometer quarantine zone and releasing sterile flies to halt the infestation. Because the pest spreads almost exclusively through the transportation of infected animals, Midwest herds remain safe as long as cattle are not moved from the southern border area. Pet owners in the affected Texas region are also advised to monitor their animals closely, as the insect feeds on living tissue in open wounds.For growers looking to diversify, premium markets such as non-GMO, organic, and hybrid-specific crops offer strong profit potential. Capitalizing on these premiums requires rigorous on-farm segregation to prevent cross-contamination and proactive planning, as contracts for these specialized programs often reach capacity months in advance.Looking at the weather, the northeast half of the Corn Belt is facing an unusually dry start to the season. An upper-level high-pressure system is expected to maintain above-average temperatures and block major rain events for the next week to ten days. Meanwhile, North American spring wheat is beginning to recover from a historically dry April and May due to recent precipitation, and growing regions across Europe and Russia continue to benefit from highly favorable moisture levels.- Ag Markets with Matt Bennett, AgMarket.net- First Case of New World Screwworm Confirmed in Texas- Premium Crop Market Opportunities Webinar Review with Kelsey Graber, ClarksonGrain.com- Ag Weather with Mike Tannura, Tstorm.net ★ Support this podcast ★
Sherman Newlin of Zaner Ag Hedge joins us to discuss the market results for today and Brian Bledsoe talks about ag weather plus Matt Bennett of AgMarket.net shares price action perspective.See omnystudio.com/listener for privacy information.
New month, same story it seemed on Monday as the grain and livestock markets were largely mixed with the exception being soybean oil and cattle finding early week support. John Heinberg with Total Farm Marketing joins us on today's show to provide analysis and perspective as the markets enter a new month with many of the same dynamics and headlines factoring into the trade. Find more at https://www.totalfarmmarketing.com. We saw soybean oil move higher again on Monday, along with crude oil, while the rest of the grain markets were mixed to lower watching the same old news headlines and more. Meantime, cattle futures had a decent rebound from last week to kickoff the month of June. Mike Minor with Professional Ag Marketing joins us to discuss on today's show. Find more online at https://professionalagmarketing.com. As the calendar flips to June, farmers and ranchers are watching the drought monitor, severe weather, rain potential and more closely as we enter the growing season. Eric Snodgrass with Nutrien Ag Solutions joins us to discuss on our Weekly Weather Update. More at https://www.ag-wx.com. We also close out the show in Segment Four as our own Susan Littlefield talks markets after Monday's session with Matt Bennett from AgMarket.net.
The May 28, 2026, broadcast of the Closing Market Report features discussions on commodity markets, agricultural news, and weather forecasts. Curt Kimmel reports that corn and soybean markets experienced volatility but ultimately rebounded, driven by optimism over a potential peace agreement and hopes for Chinese goodwill purchases. In policy and trade news, U.S. Trade Representative Jamieson Greer confirmed the administration's commitment to maintaining tariffs, while the National Corn Growers Association advocated for clear guidelines on the 45Z Clean Fuel Production Credit. Other significant developments include Brazil surpassing Argentina as the top exporter of soybean meal and John Deere's $99 million settlement over its right-to-repair policies. Finally, meteorologist Mike Tannura warns of historically dry conditions threatening spring wheat in the northern plains and cautions that an unusually dry forecast for early June could pose significant yield risks across the Corn Belt but that this isn't necessarily the case historically.- Ag Markets with Curt Kimmel, AgMarket.net- University of Illinois Row Crop Events in June- Jaimeson Greer on USMCA Trade Negotiations- Ag Weather with Mike Tannura, Tstorm.net ★ Support this podcast ★
Grain and livestock markets were quietly mixed to lower as we came back from the three-day weekend on Tuesday as traders search for the next headline to add volatility to these markets. Cory Bratland with AgMarket.net joins us to discuss headlines, hot/dry weather impacting spring wheat and canola markets on Tuesday, perspective on the livestock trade and much more. Find more online at https://www.agmarket.net. As we gear up to move into the month of June, does the weather pattern look to be drier for the Corn Belt? Eric Snodgrass with Nutrien Ag Solutions joins us to break it all down as we discuss new long-range models and more in our Weekly Weather Update. Find more at https://www.ag-wx.com.
The May 21st episode of Commodity Week featured a panel discussion with Todd Gleason, Curt Kimmel, Dave Chatterton, and Collin Watters regarding the current state of agricultural markets. The discussion focused on several key drivers, including weather, the potential for significant Chinese agricultural purchases, and the impact of renewable fuel policies like renewable diesel on the grain market. While the panel expressed optimism for a strong market, they noted that geopolitics and international relations, particularly with China, continue to create uncertainty and volatility for producers. Panelists emphasized the need for producers to remain flexible and opportunistic in their marketing strategies, suggesting that while current conditions are supportive, market participants must navigate potential supply chain, logistical, and political challenges to maximize profitability.Panelists: - Dave Chatterton, SFarmMarketing.com- Curt Kimmel, AgMarket.net- Collin Watters, ILCorn.org ★ Support this podcast ★
- Ag Markets with Matt Bennett, AgMarket.net- farmdoc 2026 Crop Budget Updates- Ag Weather with Mike Tannura, Tstorm.netOn this May 21, 2026, edition of the Closing Market Report, host Todd Gleason reviews a mixed trading day as markets respond to ongoing planting progress and US-China trade developments. Matt Bennett of AgMarket.net reports that while planting in Illinois is largely complete, the market is closely watching for future demand signals, specifically whether China will fulfill commitments to purchase US corn and new-crop soybeans. Meanwhile, Nick Paulson of the University of Illinois farmdoc team explains that while updated 2026 crop budgets show slight improvements due to higher commodity prices, they still reflect challenging long-term returns, with cost pressures from diesel fuel being partially offset by strong market pricing. Looking at weather, Mike Tannura of Tstorm Weather forecasts a transition to warmer temperatures following a cool, wet spring. While the US Corn Belt faces planting delays due to persistent moisture, Tannura expresses more significant concern regarding drought conditions in the US Northern Plains spring wheat region, even as he notes stable crop conditions across the Black Sea and South America. The program concludes with a look ahead to this week's Commodity Week, featuring analysis from Collin Waters, Dave Chatterton, and Kurt Kimmel. ★ Support this podcast ★
This afternoon's guest market analyst is Jamie Gieseke of Paradigm Futures plus Matt Bennett of AgMarket.net with price action perspective and Eric Snodgrass has ag weather.See omnystudio.com/listener for privacy information.
Tuesday was a much quieter day in the markets as the grain trade was mixed to slightly lower on the session. After all of the US/China meeting volatility, will weather take center stage? Tyler Schau with AgMarket.net joins us to share perspective on how the markets seem to have ADHD when it comes to trading headlines and volatility. We also get perspective on the cattle complex, expanded limits coming soon and more. Find more online by visiting https://www.agmarket.net. As the farm economy continues in a down cycle, there is quietly a growing concern about leverage and over-leveraging your operation for capital needs. Trent Klarenbach with the Klarenbach Grain Report has been doing some analysis of farmland values in the US and Canada. He explores the math and what over-leverage might mean for someone when it comes to loans, margin calls in the markets and more. Learn more at https://www.grainreport.klarenbach.ca.
The May 18, 2026, Closing Market Report highlighted a strong rebound in commodity futures, fueled by optimism over a potential $17 billion increase in Chinese agricultural purchases facilitated by the Trump administration's proposed US-China Board of Trade. Discussing global competitiveness, agricultural economist Joana Colussi noted that while Brazil produces corn at a lower total cost—largely through its second-crop (safrinha) system—the United States remains competitive by achieving double the average yields despite higher overhead and land expenses. Finally, meteorologist Mark Russo reported that favorable weather continues to support rapid planting progress in the US Corn Belt and the safrinha crop in Brazil, though severe long-term dryness continues to plague the US hard red winter wheat regions.---Chapters- Ag Markets with Curt Kimmel, AgMarket.net- Comparing Corn Production Costs in the United States and Brazil- US-China Ag Deliverables: Board of Trade, Soybean Sales, $17bln- Ag Weather with Mark Russo, EverStream.ai ★ Support this podcast ★
This week on The Ag View Pitch, Chris talks with Brian Splitt of AgMarket.Net about the key grain market factors producers should be watching for the week of May 18–22. They cover planting progress, the market reaction after the China trade summit, fund selling, USDA corn and soybean balance sheets, soybean crush margins, crude oil and fertilizer pressure, and the major technical price levels now in play for corn, soybeans, and wheat. Brian also explains why old crop bushels, new crop pricing, target orders, and downside protection may need extra attention as markets sit near important support levels heading into the second half of May.
Brian Grete of Commstock Investments joins us to review the WASDE report released today. Brian Bledsoe of Brian Bledsoe Weather shares an extended forecast. And Brian Splitt of AgMarket.net has price action analysis.See omnystudio.com/listener for privacy information.
Winter wheat futures soared on Tuesday after USDA seemingly indicated the well reported issues with this year's crop in the U.S. Plains. We saw 35-45 cent moves higher across the wheat complex while soybeans, bean oil, bean meal and corn also had a positive day. Matt Bennett with AgMarket.net joins us for analysis and reaction to the May WASDE report and some thoughts on the situation with beef imports and the Trump administration. Find more online at https://www.agmarket.net.
Greg Peterson – Machinery Pete – joins is to discuss his Pick of the Week plus other auctions he is watching. It's a big week for the grain markets, especially with regards to the future of E15. Growth Energy CEO Emily Skor joins us to discuss what is at stake plus all the benefits and growth of E15. Plus a weather update from Bret Walts of BAMWX.com and extended market technical analysis from Brian Splitt of AgMarket.net.See omnystudio.com/listener for privacy information.
The Trump administration is preparing to temporarily lower tariffs on imported beef in an effort to ease record-high beef prices for American consumers. That news on Monday sent cattle futures on a wild ride that ended well off of session lows, as some early week cash cattle trade surfaced on the day as well. John Heinberg with Total Farm Marketing joins us to discuss the livestock and grain trade to start the week, including a look ahead to the May WASDE Report, US/China meeting and more on tap this week. Find more online at https://www.totalfarmmarketing.com. Could we see a warmup in the weather pattern to help propel more spring planting this week? What about the early week frost concerns in the Upper Midwest? Eric Snodgrass with Nutrien Ag Solutions joins us to discuss on our Weekly Weather Update as we look at U.S. weather, updates for South America and Europe and more. Find more at https://www.ag-wx.com. In Segment One, we also get some market perspective from Tyler Schau with AgMarket.net and Arlan Suderman with StoneX at the top of the show.
Dr. David Kohl, professor emeritus at Virginia Tech is this afternoon's guest market analyst. Livestock conversation with Tyler Schau of AgMarket.net and price action perspective from Blue Line Futures.See omnystudio.com/listener for privacy information.
It was a classic "turnaround Tuesday" in the trade today as we saw the livestock complex find support to the upside after profit taking to start the week. Meantime, grains saw a round of profit taking as we've been testing key resistance levels. Brian Splitt with AgMarket.net joins us for some technical analysis of the the trade as we talk corn, soybeans, wheat, cotton, rice and cattle on the show. Find more at https://www.agmarket.net. Also, Mike Minor with Professional Ag Marketing joins us to share perspective on the livestock markets, talk weather in the western Corn Belt and more. Find more at https://professionalagmarketing.com.
Guests include Jim McCormick from AgMarket.net, Eric Snodgrass from Nutrien with our Weekly Weather Update, Arlan Suderman at StoneX and Edward Hubbard from the Renewable Fuels Asssociation.
Terrain grain and oilseed analyst Bree Baatz is guest market analyst this afternoon plus we discuss weather with Brian Bledsoe of Brian Bledsoe Weather. Price action analysis from Brian Splitt of AgMarket.net.See omnystudio.com/listener for privacy information.
It was a higher day across many grain and livestock markets to start the week on Monday. Is this a one-off, general money flow kind of day or the start of something else? John Heinberg with Total Farm Marketing joined us for analysis on Monday's episode of Market Talk. Find more online by visiting https://www.totalfarmmarketing.com. Farm Profit Manager, a newly launched farm financial management platform, has surpassed one million acres enrolled by producers in just 10 days with 500 users in 23 states in North America. We sit down with Shay Foulk, co-developer of Farm Profit Manager and an owner of Ag View Solutions, who gives us background on why they have developed this platform and what farmers can expect when they use it. Learn more online as well by visiting farmprofitmanager.app. We also begin the show with an agronomic conversation as Tryston Beyrer from The Mosaic Company joins us in Segment One and later in the show Brian Splitt from AgMarket.net joins us for more market analysis in Segment Four.
- Curt Kimmel, AgMarket.net- Middle East Ceasefire Fails to Ease Fertilizer Price Surge- farmdoc Webinar on Controlling Costs 11am Thursday- Chad Hart, Iowa State University- Mark Russo, EverStream.aiThis April 27, 2026, agricultural market report highlights upward price movements across corn, soybeans, and wheat futures. Market analyst Curt Kimmel attributes the soybean rally to the European Union rejecting Argentine soybean meal cargoes due to the presence of the drought-resistant HB4 gene, while corn prices were supported by dry conditions in Brazil. Domestically, ongoing conflict in the Middle East has kept nitrogen fertilizer prices high, adding an estimated $30 to $55 per acre to 2026 corn crop costs. Iowa State economist Chad Hart noted that commodity prices are currently benefiting from both war and weather premiums, pointing out the contrast between widespread U.S. drought and overly wet planting conditions in parts of Iowa and Illinois. Finally, meteorologist Mark Russo forecasted a normal, albeit slightly cooler, spring weather pattern for the U.S. Corn Belt, while noting continued dryness in the western Plains, snow-delayed planting in the Canadian prairies, and generally favorable late-season conditions for Brazil's safrinha corn crop. ★ Support this podcast ★
Michelle hosts a panel discussion to review the week's market action with Naomi Blohm of Total Farm Marketing and Matt Bennett of AgMarket.net.See omnystudio.com/listener for privacy information.
Panelist- Brian Stark, AndersonsGrain.com- Curt Kimmel, AgMarket.net- Dave Chatterton, SFarmMarketing.com ★ Support this podcast ★
- Matt Bennett, AgMarket.net- County Governments Dealing with Data Centers- Mike Tannura, Tstorm.net ★ Support this podcast ★
John Heinberg of Total Farm Marketing is guest analyst this afternoon plus Drew Lerner of World Weather, Inc. shares near-term outlook as well as over the next few months for North and South America. Matt Bennett of AgMarket.net with price action analysis.See omnystudio.com/listener for privacy information.
- Curt Kimmel, AgMarket.net- Use 10oz of Metribuzin on Waterhemp- FAPRI Cautions RVO Soybean Push- Mark Russo, EverStream.aiThe April 20, 2026, Closing Market Report covers several key agricultural updates, beginning with analyst Curt Kimmel noting fluctuating grain markets influenced by adverse weather in the wheat belt and ongoing spring planting progress. Ben Brown from the Food and Agricultural Policy Research Institute (FAPRI) discusses their 10-year agricultural outlook, highlighting a persistent financial gap between the crop and livestock sectors. He also warns that subtle biofuel policy details regarding international feedstocks could unexpectedly weaken domestic soybean oil demand before 2028. Meteorologist Mark Russo reports that recent cold snaps likely caused minimal widespread damage to winter wheat and forecasts a drier, warming trend favorable for Midwest planting, though he notes growing concerns over dry conditions for Brazil's safrinha corn crop. Finally, the broadcast briefly highlights research recommending a specific 10-ounce application rate of Metribuzin to control herbicide-resistant waterhemp. ★ Support this podcast ★
Panelists - Naomi Blohm, TotalFarmMarketing.com - Greg Johnson, TGM TotalGrainMarketing.com- Jim McCormick, AgMarket.netThe April 16 edition of Commodity Week, hosted by Todd Gleason, featured panelists Naomi Blohm, Greg Johnson, and Jim McCormick analyzing the current agricultural market landscape and the geopolitical factors influencing it. A primary focus was the potential shift in planting acres from corn to soybeans across the Midwest, driven by elevated input costs—specifically diesel and fertilizer—and compounded by heavy spring rainfall delaying field work. These fertilizer price spikes are being exacerbated by ongoing conflicts in the Middle East, which have trapped shipping vessels in the Persian Gulf and prompted countries like India to heavily subsidize and secure global fertilizer supplies. The panel also evaluated grain marketing strategies, with Greg Johnson noting farmers still may be holding roughly 30% to 35% of their old crop corn in anticipation of a price rally. However, the experts warned that unless significant weather issues or war-driven crude oil spikes emerge by mid-summer, old crop basis could crash as elevators reach capacity ahead of the fall harvest. Consequently, they urged producers to consider moving their remaining grain sooner rather than later to avoid logistical bottlenecks and dropping prices. ★ Support this podcast ★
- Matt Bennett, AgMarket.net- WILLAg News | SAF Market Development & Year-Round E15- Using Metribuzin to Manage Group 15 Resistant Waterhemp- Mike Tannura, Tstorm.netThe April 16, 2026, broadcast of the Closing Market Report covers updates on agricultural markets, biofuels, weed management, and national weather impacts. Market analyst Matt Bennett explains that corn and soybean markets are consolidating as wet and cold weather temporarily pauses planting across the Midwest, warning that high energy and fertilizer costs pose long-term profitability risks for growers. In policy news, industry leaders are advocating for federal support to expand the Sustainable Aviation Fuel (SAF) market, while lawmakers simultaneously push for year-round E15 to combat inflation and assist farmers facing negative margins. On the agronomy front, weed scientist Aaron Hager advises that with waterhemp populations in Illinois showing resistance to group 15 herbicides, farmers should consider utilizing metribuzin, an older asymmetrical triazine that remains effective against the weed. Finally, meteorologist Mike Tannura details severe, ongoing drought conditions and an impending freeze threatening winter wheat in the western plains and southern United States, a situation that contrasts sharply with record wet conditions delaying fieldwork in northern states like Michigan. ★ Support this podcast ★
- Curt Kimmel, AgMarket.net- Risk Premium & N Supply Chain Issues- Mark Russo, EverStream.aiThe April 13, 2026, closing market report highlighted the impact of international geopolitical tensions on agricultural commodities. Analysts noted that recent blockades involving the United States and Iran injected volatility and risk premiums into the markets, initially pushing corn and wheat prices higher while temporarily weakening soybeans. Given these built-in risk premiums, market experts recommend that producers begin executing their old and new crop marketing strategies, aiming to price at least twenty percent of their grain to capitalize on the current environment.Domestic planting progress is advancing at a strong pace, particularly in the central and southern Midwest, with expectations of average or slightly above-average planting progress overall. However, the global conflict has raised significant long-term concerns regarding nitrogen and urea supply chains. While the vast majority of fertilizer for the current spring season was priced before the conflict escalated, analysts warn that sustained high fertilizer prices will likely limit fall applications and significantly impact acreage and crop rotation decisions for the 2027 growing season.Weather patterns continue to present varying challenges across key agricultural regions. The western hard red winter wheat belt continues to suffer from a lack of meaningful rainfall, pushing crop conditions closer to dire levels. In the broader Midwest, the southern belt is experiencing drier conditions conducive to rapid planting, while central and northern areas remain slightly wetter. Internationally, incoming rains in Argentina are expected to slow the corn and soybean harvests, whereas the Safrinha crop areas in southern Brazil are entering a drier pattern that will soon require moisture to maintain adequate soil conditions. ★ Support this podcast ★
- Matt Bennett, AgMarket.net- Resistant Waterhemp, maybe Metribuzin- Mike Tannura, Tstorm.netThe April 9, 2026 closing market report covers agricultural commodity markets, weed control strategies, and Midwestern weather forecasts. Analyst Matt Bennett characterized the day's USDA WASDE report as largely uneventful, noting ample global corn supplies and continuing competitive pressure from South American soybean exports. University of Illinois weed scientist Aaron Hager then detailed the increasing resistance of waterhemp to Group 15 and PPO-inhibiting herbicides across the state, advising producers to consider metribuzin as a viable and cost-effective alternative for residual control. Finally, meteorologist Mike Tannura highlighted severe drought conditions currently impacting over half of the U.S. hard red winter wheat crop. He forecast upcoming rain systems that will primarily benefit eastern, lower-elevation areas of the Plains while leaving western regions dry, alongside additional precipitation expected to move into the Corn Belt during the planting season. ★ Support this podcast ★
DuWayne Bosse of Bolt Marketing joins us to discuss marketing challenges and opportunities for grains and livestock. Matt Bennett of AgMarket.net shares price action perspective.See omnystudio.com/listener for privacy information.
- Curt Kimmel, AgMarket.net- Ed Usset, University of Minnesota- Mark Russo, EverStream.aiTrading on April 6, 2026, was quiet, reflecting slight price gains in corn and soybeans alongside a dip in wheat futures. Market analysts expect the upcoming USDA WASDE report to indicate tighter corn stocks driven by strong demand, offset by a potential slight increase in soybean carryout. Geopolitical tensions continue to support commodity prices through war premiums; however, analysts warn of significant downside risks once the crop is successfully planted.Elevated fertilizer costs, with anhydrous ammonia projected at $860 per ton for the 2027 crop, combined with record board soybean crush margins at $2.43 per bushel, strongly favor a continued shift toward soybean acreage. Despite expanding domestic crushing capacity and bullish price scenarios, weak cash basis levels act as a red flag regarding the longevity of current futures rallies. Agricultural economists advise producers to proactively hedge or secure forward contracts to lock in profitable new-crop prices—such as November soybeans at $11.50 to $11.60 and December corn near $4.80—warning that historical trends frequently show prices deteriorating before harvest.In the U.S. Corn Belt, widespread weekend rainfall successfully replenished soil moisture, creating favorable conditions and steady soil temperatures for the upcoming planting season. Conversely, prolonged dryness remains a major concern for the Hard Red Winter Wheat regions of the Plains, with upcoming forecasts offering only scattered and localized precipitation. In South America, an active late-season weather pattern is causing minor harvest delays for corn and soybeans across Brazil and Argentina. However, the added moisture is exceptionally beneficial for the critical growth stages of Brazil's safrinha, or second crop, corn. ★ Support this podcast ★
Panelists- Matt Bennett, AgMarket.net- Chip Nellinger, Blue Reef Agri-Marketing- Mike Zuzolo, GlobalCommResearch.com ★ Support this podcast ★
- Matt Bennett, AgMarket.net- I had A.I. write a song about Corn- PCM Date Shows Farmer Production Practice Consistency- Mike Tannura, Tstorm.net ★ Support this podcast ★
Brian Grete of Commstock Investments joins us to review USDA quarterly grain stocks and prospective plantings reports released today. Brian Splitt of AgMarket.net shares price action analysis.See omnystudio.com/listener for privacy information.
Dan Basse of AgResorce Company talks about war-time trade, demand, new-crop concerns, global quality issues and more. Matt Bennett of AgMarket.net joins us to not only share price action perspective, but to discuss AgMarket.net's recently released official acreage estimates report.See omnystudio.com/listener for privacy information.