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Rich Nelson of Allendale is guest market analyst this afternoon plus we get an ag weather outlook from Drew Lerner of World Weather, Inc. Price action perspective from Brian Splitt of AgMarket.net.See omnystudio.com/listener for privacy information.
Garrett Toay of AgTrader Talk is our guest market analyst and we have a look at weather from Brian Bledsoe. Price action perspective from Matt Bennett of AgMarket.net.See omnystudio.com/listener for privacy information.
House Ag Committee Chair Glenn Thompson is seeking a waiver to serve another term, having reached the six-year term limit for GOP chairs.President Donald Trump announced a plan to pause high tariffs on imported ground beef to aid ranchers and rebuild herds. However, AgMarket.net broker Tim Strunk views this as a political move rather than an economic solution.
Krista Swanson is the chief economist for the National Corn Growers Association and she joins us this afternoon to discuss marketing, profitability, and crop reports. Plus we have a conversation with Tyler Schau of AgMarket.net about the cattle market.See omnystudio.com/listener for privacy information.
The September 3 edition of Commodity Week, hosted by Todd Gleason, features panelists Matt Bennett, Shane Holtorf, and Sherman Newlin analyzing current agricultural market conditions. The panelists report that extreme heat is rapidly drying out corn and soybean crops across the Midwest, leading to widespread expectations that upcoming USDA yield estimates will fall due to variable weather damage throughout the season. They are not convinced the hot weather is doing anything more than drying the corn down faster. Alongside domestic crop challenges, the group highlights global market drivers, including potential Super El Niño impacts on Brazilian production, ongoing Black Sea export disruptions, and strong Chinese demand. Despite these bullish supply-and-demand factors, all three panelists advise producers to secure currently profitable prices through incremental new crop corn sales while maintaining flexibility with call options to capitalize on potential future market rallies.Panelists- Matt Bennett, AgMarket.net - Windsor, IL- Shane Holtorf, Logic Ag Marketing - Alta, IA- Sherman Newlin, Zaner Ag Hedge - Hutsonville, IL ★ 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 ★
During Day 2 of the Farm Progress Show, we caught up with the folks at T&L Irrigation to learn more about their products, discuss water management and so much more. Brian Shardt, District Sales Manager for T&L from Nebraska joined us for the first half of the show. You can learn more online at https://www.tlirr.com.Then, for the second half of the show, Jim McCormick with AgMarket.net joined us for analysis as we saw corn and soybean funds just hit an all-time record long position heading into harvest. McCormick helps break down whether the historic grain rally is being driven by funds or fundamentals, why early harvest is already underway, and what a shrinking cattle herd, beef imports and a "K-shaped economy" mean for producers this fall.
Bryan Doherty of Total Farm Marketing joins us to discuss the grains and livestock markets and Eric Snodgrass of Nutrien provides a weather outlook. Plus Brian Splitt of AgMarket.net shares price action perspective.See omnystudio.com/listener for privacy information.
On Monday's show, Susan Littlefield talks weather with Eric Snodgrass in Segment One and shares a market conversation with Maree Johnson from AgMarket.net in Segment Four. In between, Jesse Allen joins us from the road heading to Farm Progress Show and talks markets with Mike Minor from Professional Ag Marketing in Segment Two and John Heinberg from Total Farm Marketing in Segment Four.
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 ★
Jim Emter of Van Ahn and Company is out guest market analyst and USDA ag meteorologist Brad Rippey provides a weather outlook plus Matt Bennett of AgMarket.net shares price action perspective.See omnystudio.com/listener for privacy information.
We saw the corn and soybean markets rally on Tuesday while the cattle complex continued to struggle amid headline news and more. On today's Market Talk, we get analysis and perspective on the grain markets and managing your marketing with Kristi Van Ahn-Kjeseth with Van Ahn & Company in Segment Two.Later in the show, we take a deep dive into the cattle market struggles and talk charts, sentiment and more with Tyler Schau from AgMarket.net. He also gives us his thoughts on feed costs, energy prices and the recent rallies in the grain complex. We also begin the show with some thoughts from Tuesday's Midday Commentary with Mike Castle at StoneX.
We wrap up the boots in the field phase of Pro Farmer Crop Tour 2026 with eastern leg director Lane Akre and western leg director Chip Flory. Plus we get market perspective from Brian Splitt of AgMarket.net, weather from Brian Bledsoe of Brian Bledsoe Weather, and Michelle Rook and Emily Carolan share thoughts on what we've learned so far on this year's Crop Tour.See omnystudio.com/listener for privacy information.
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 ★
On today's show, Matt Bennett of AgMarket.net joins Market Talk to break down a mixed Tuesday session in the grains, why the corn market seems to want proof before it rallies despite a tightening balance sheet, and what's ahead for acreage, fertilizer decisions, and the cattle market following recent beef plant news. Find more online at https://www.agmarket.net. We also begin with news headlines including more perspective on the Tyson news and thoughts on the grain market volatility and impacts on cash basis in Segment One. Then in Segment Two, we hear from Mike Castle, Senior Commodities Economist at StoneX, who joined us for Tuesday's Midday Commentary to discuss grain market action, fertilizer prices and the outside markets he is watching this week.
https://19-minutes.supercast.comCorn and soybean markets finished the week on a strong note after the latest USDA report, and Brian Split of AgMarket.net sees reasons for farmers to stay patient beyond their immediate harvest needs.Chris Barron and Brian break down the latest corn and soybean setup, including:December corn targets around $4.90, $5.00 and $5.05Why $4.70 matters short term and $4.60 is a major line in the sandThe $12 level in November soybeans and what could come nextStrong corn demand and what tightening carry may be telling the marketHow to handle the “iffy bushels” that may exceed available storageHarvest basis, cash-flow needs and fall delivery decisionsWhy South American weather and a strengthening El Niño could become increasingly importantWays producers can manage downside risk without completely giving up upsideBrian Split, AgMarket.net815-665-0463bsplitt@agmarket.netagmarket.net#GrainMarketing #CornMarket #Soybeans
Matt Bennett of AgMarket.Net joins Dustin to talk about Friday's opening bell.
Panelists- Jim McCormick, AgMarket.net- Ted Seifried, ZanerAgHedge.com- Mike Zuzolo, GlobalCommResearch.comThe August 13 edition of Commodity Week, hosted by Todd Gleason, features panelists Jim McCormick, Ted Seifried, and Mike Zuzolo analyzing the latest USDA crop production and WASDE reports. The discussion centers on the USDA's adjustments to corn and soybean acreage, as well as the unexpectedly yield estimates despite adverse weather in the western Corn Belt. The panelists evaluate the significant geopolitical risks impacting the agricultural sector, particularly the disruption of Black Sea grain exports due to the Russia-Ukraine conflict and the tightening global supply of diesel and fertilizer linked to ongoing tensions in the Middle East. Looking ahead, the experts debate the potential impact of a super El Niño on upcoming South American production. ★ Support this podcast ★
Mike Minor of Professional Ag Marketing is our guest market analyst plus we talk volatile weather with Brian Bledsoe of Brian Bledsoe Weather and Brian Splitt of AgMarket.net shares price action perspective.See omnystudio.com/listener for privacy information.
Soybeans and wheat led the grains lower Tuesday as traders squared up positions ahead of Wednesday's August WASDE report, while corn held within a penny and cattle and hogs finished mixed. Jacob Burks of AgMarket.net joins Jesse to recap the trade — from the corn yield debate (188 last year vs. an expected ~182 this year) and a wet August forecast weighing on beans, to China's soybean purchase pace ahead of a proposed Trump-Xi meeting, Kansas' smallest winter wheat harvest in nearly 70 years, sluggish pork exports, and a cattle market that feels like it wants to go lower. Also in Segment Two, we talk more broadly about the economy, inflation, USMCA and more with Ben Johnston, COO of Kapitus. He joins us for a big picture look at the overall economy and what it means for agriculture on today's show.
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 ★
Jim McCormick with AgMarket.Net recapped the lower day in grain markets tied weather and lower energy prices, despite talk of lower yields. Plus, the chart breakout in cattle. Brian Splitt, AgMarket.Net talked technicals and Laura Edwards, SDSU Extension Climatologist provided an ag weather outlook. See omnystudio.com/listener for privacy information.
We saw the grain markets under pressure on Tuesday with soybeans as the downside leader while cattle rallied let session led by the feeder complex. Could we be finding a bottom in the cattle trade to start August? That's one of many topics we cover with Brian Splitt from AgMarket.net on today's show. In Segment One, we also listen back to our Midday Commentary with Katy Doumit from StoneX who has thoughts on the crop condition ratings for grains and some perspective on the cattle trade as well. We close the show with news headlines in Segment Four.
The July 30 edition of Commodity Week features agricultural market analysis from panelists Matt Bennett, Chip Nellinger, and Jason Winter. The discussion centers on the immediate threat of severe heat and dry weather to crop yields in the Dakotas, alongside a sustained regional shift from wheat to corn and soybean acreage. Jason Winter highlights strong ongoing corn demand from the Pacific Northwest and intensified local soybean competition driven by newly constructed processing plants in North Dakota. The analysts concur that while short-term market movements will be dictated by impending weather forecasts, long-term prices will likely remain supported by shrinking global stocks and robust domestic demand. Additionally, geopolitical conflicts in the Black Sea and Middle East are identified as key drivers sustaining elevated energy and fertilizer costs. Consequently, the panel recommends that producers leverage on-farm storage to maintain long-term crop ownership while pragmatically pricing essential harvest sales.Panelists- Matt Bennett, AgMarket.net- Chip Nellinger, Blue Reef Agri-Marketing- Jason Winter, Columbia Grain International ★ 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 ★
Angie Setzer of Consus Ag Consulting is our guest market analyst this afternoon and Zach Tindall of Producers Livestock Marketing joins us to discuss the cattle and hogs market. Matt Bennett of AgMarket.net shares price action perspective.See omnystudio.com/listener for privacy information.
Tyler Schau of AgMarket.net joins Market Talk to break down the cattle market's rebound after Monday's sell-off, what Friday's Cattle on Feed and Inventory reports really showed and why the Douglas, Arizona border reopening rattled deferred cattle contracts. Plus: extreme heat impacts on Kansas feedyards, boxed beef seasonality heading into Labor Day, and a full grain market rundown as corn, spring wheat, canola and soybeans all face a critical weather stretch through August.
Tyler Schau of AgMarket.net joins Market Talk to break down the cattle market's rebound after Monday's sell-off, what Friday's Cattle on Feed and Inventory reports really showed and why the Douglas, Arizona border reopening rattled deferred cattle contracts. Plus: extreme heat impacts on Kansas feedyards, boxed beef seasonality heading into Labor Day, and a full grain market rundown as corn, spring wheat, canola and soybeans all face a critical weather stretch through August.
Tyler Schau of AgMarket.net joins Market Talk to break down the cattle market's rebound after Monday's sell-off, what Friday's Cattle on Feed and Inventory reports really showed and why the Douglas, Arizona border reopening rattled deferred cattle contracts. Plus: extreme heat impacts on Kansas feedyards, boxed beef seasonality heading into Labor Day, and a full grain market rundown as corn, spring wheat, canola and soybeans all face a critical weather stretch through August.
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 ★
A rough Monday across ag commodities — soybeans led grain losses, cattle futures got hit hard, and the pressure spilled into hogs and outside markets. Mike Minor of Professional Ag Marketing joins Market Talk to break down the "big three" (plus a new fourth factor) driving the selloff, what USDA's phased reopening of the southern border means for cattle imports from Mexico and why producers shouldn't panic-sell into a rough day. Find more at https://www.professionalagmarketing.com. As we finish out July, many areas of the U.S. are dealing with extreme heat and humidity for a few days to start the week. What is the outlook for later this week and into the month of August? Eric Snodgrass with Nutrien Ag Solutions joins us to discuss in our Weekly Weather Update for Monday, July 27th, 2026. More at https://www.agweather.com. We also close out the show and hear a Monday market conversation between Susan Littlefield and Jim McCormick from AgMarket.net in Segment Four.
The July 23 edition of Commodity Week, hosted by Todd Gleason, features agricultural market analysis from panelists Greg Johnson, Dave Chatterton, Curt Kimmel, and emeritus guest Wayne Nelson. The central theme of the program revolves around recent price rallies in the grain markets, with soybeans reaching the $12 range and corn nearing $5. The panelists strongly encourage farmers to focus on securing profitability through incremental, scale-up sales rather than trying to perfectly time the absolute top of the market. Key drivers of these market dynamics include highly variable Midwestern crop conditions—stemming from a wet planting season and localized dry spells—alongside significant global factors such as the Russian-Ukrainian war, a European drought, the South American El Niño, and the unpredictable nature of Chinese agricultural demand. The episode concludes on a sentimental note as Curt Kimmel announces his retirement at the end of the month, prompting fond farewells and reflections on his long career from his colleagues.Panelists- Dave Chatterton, SFMarketing.com- Greg Johnson, TotalGrainMarketing.com- Curt Kimmel, AgMarket.net- Wayne Nelson, WILLAg Emeritus ★ 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 ★
This afternoon's guest analyst is Kyle Bumsted of Allendale, Inc. and we get a download on Brazil from Aaron Edwards of Santos Springs. Price action analysis from Brian Splitt of AgMarket.net.See omnystudio.com/listener for privacy information.
The Monday edition of the Closing Market Report provides a factual overview of commodity markets, international trade logistics, and weather forecasts for July 20, 2026. During the segment, analyst Curt Kimmel attributes immediate gains in corn and soybean futures to ongoing Black Sea conflicts, European drought, and Chinese export purchases. The report also outlines the finalized July 27 opening of the Gordie Howe International Bridge, detailing its revised net-revenue toll agreement between Michigan and Canada. Furthermore, economist Ben Brown analyzes the market anomaly of robust Chinese demand for U.S. soybeans despite uncompetitive domestic pricing. Concluding the report, meteorologist Mark Russo notes that while the U.S. Corn Belt faces drier-than-normal conditions without threatening heat, Europe continues to endure severe, crop-damaging heatwaves.01:19 Ag Markets with Curt Kimmel, AgMarket.net 06:18 New Trade Route Between Canada and U.S. to Open 10:31 Ag Markets Discussion with Ben Brown, University of Minnesota 19:08 Ag Weather with Mark Russo, EverStream.ai ★ Support this podcast ★
This week's Market Roundtable panelists/analysts are Tommy Grisafi of Ag Bull Media and Conner Bridgman of AgMarket.net. They discuss the interesting times the markets are seeing with trade, global events, and other factors impacting the ag markets.See omnystudio.com/listener for privacy information.
The July 16, 2026 edition of the Closing Market Report covers commodity markets, soil management research, and regional agricultural weather patterns. Host Todd Gleason opens the program from the National Association of Farm Broadcasting event in Kansas City, sharing first-hand observations of resilient midwestern corn crops despite recent heat waves. Market analyst Matt Bennett of AgMarket.net discusses current wheat and energy price volatility driven by geopolitical factors, noting that while the corn crop is progressing well through pollination, upcoming weather conditions will determine the extent of market premiums. University of Illinois PhD student Blake Link reports from the Orr Research Center on the expanding necessity of sulfur fertilizers across the Corn Belt, explaining the different forms of sulfur applications and their chemical effects on soil acidity. Finally, Mike Tannura of Tstorm Weather provides a global and domestic agricultural weather outlook, highlighting a temperature divide between a hotter northern region and a milder south, the potential for early-season monsoonal rains in August, and the localized atmospheric impacts of seasonal wildfire smoke on crop photosynthesis and daytime temperatures.01:10 Ag Markets with Matt Bennett, AgMarket.net 08:38 Evaluating the Need for Sulfur Fertilizers in the Corn Belt 16:03 Ag Weather with Mike Tannura, Tstorm.net ★ Support this podcast ★
Dan Basse of AgResource Company talks about the bull market building in the grains plus we get a weather outlook from Drew Lerner of World Weather, Inc. AgMarket.net's Matt Bennett shares price action perspective.See omnystudio.com/listener for privacy information.
The July 13, 2026, edition of the Closing Market Report covered critical updates in domestic agricultural production, global energy markets, and shifting weather patterns impacting the U.S. corn belt. Curt Kimmel of AgMarket.net analyzed the day's sharp rise in crude oil and grain futures, tying the market's upward momentum to localized heat stress in the western corn belt, declining crop condition ratings, and sudden escalations in Middle East war tensions. Expanding on these geopolitical developments, North Dakota State University Extension Economist Frayne Olson discussed the severe impact of a newly announced U.S. military escort fee for transiting the Strait of Hormuz, alongside the logistics disruption caused by Ukrainian drone attacks near the Sea of Azov. Olson noted that while these conflicts introduce a supportive risk premium for U.S. grain exports, their long-term effects will primarily filter through volatile international energy markets. Finally, meteorologist Mark Russo of EverStream Analytics provided a near-term weather outlook, reporting that while threatening pollination heat will temporarily persist in the northwest Midwest, a retrogressing ridge of high pressure will bring cooler temperatures by the weekend. However, Russo warned that an impending shift toward a suppressed, northwest flow jet stream pattern could signal a prolonged dry spell moving into critical pod-development stages for soybeans in early August.01:11 Ag Markets with Curt Kimmel, AgMarket.net06:53 Commodity Market Discussion with Frayne Olson, NDSU18:46 Ag Weather with Mark Russo, EverStream Analytics ★ Support this podcast ★
Matt Bennett of AgMarket.net is our guest analyst this afternoon and he shares his impressions of the WASDE report released today plus Scott Varilek of Kooima Kooima Varilek analyzes the cattle market.See omnystudio.com/listener for privacy information.
This July 9, 2026, edition of the *Closing Market Report*, hosted by Todd Gleason, covers agricultural markets, weather forecasts, and a local wildlife rescue. Matt Bennett of AgMarket.net begins by analyzing recent commodity market fluctuations, attributing the downturn to profit-taking ahead of the upcoming July WASDE report and shifting weather expectations. The program then takes a unique turn as Gleason recounts his unexpected absence the previous day, which involved coordinating with an arborist and the local Wildlife Medical Clinic to return a fallen baby Cooper's Hawk to its 65-foot-high nest. Finally, Mike Tannura of Tstorm Weather outlines the complexities of the upcoming 10-to-14-day weather models, highlighting the tension between a potential Midwestern heat dome and cooler Canadian air, while noting that current soil moisture remains largely adequate for the critical crop pollination period.01:33 Ag Markets with Matt Bennett, AgMarket.net07:37 Putting a Cooper's Hawk Chick Back in its Nest15:44 Ag Weather with Mike Tannura, Tstorm.net ★ Support this podcast ★
Bryan Doherty of Total Farm Marketing is our guest market analyst this afternoon and Brian Bledsoe of Brian Bledsoe Weather provides a weather outlook. Brian Splitt of AgMarket.com shares price action perspective.See omnystudio.com/listener for privacy information.
This Monday edition of the Closing Market Report highlights a major, post-holiday surge across the agricultural commodity markets, driven primarily by an adverse late-summer weather forecast and renewed export interest from China. Host Todd Gleason reports substantial gains in corn, soybean, and wheat futures following recent contract lows. Market analyst Curt Kimmel of AgMarket.net discusses the logistical significance of China picking up soybean cargoes off the Pacific Northwest and the Gulf, noting that while the technical fundamentals haven't shifted, the buying enthusiasm provides critical support ahead of Friday's upcoming USDA WASDE report. In agricultural news, farm groups are actively pushing back against Bayer's request for anti-dumping duties on Chinese glyphosate imports due to concerns over narrowing farmer margins. Additionally, University of Illinois Extension entomologist Nick Seiter warns producers to actively scout for corn leaf aphids as crops enter their vulnerable tasseling stage, and Senate Agriculture Chair John Boozman expresses hope to transition foreign food aid programs back under the jurisdiction of the USDA via a new farm bill.The program also features an in-depth economic perspective from University of Minnesota Extension economist Ed Usset, who views the current market rally as a classic post-July 4th weather market. While acknowledging the bump from hot, dry domestic forecasts and extreme heat hitting crops in France, Usset reminds producers that this rally serves as an excellent "second chance" to clean out remaining old crop inventories and execute scale-up sales on new crop corn and soybeans before defensive seasonal trends potentially return. Finally, Mark Russo of EverStream Analytics breaks down the broader global weather patterns, noting that while the core U.S. Midwest looks secure, a highly intense ridge of high pressure will bring crop-stressing heat to western plains states like Nebraska, Kansas, and South Dakota next week. Internationally, Russo reports a disastrous third heat wave accelerating crop deterioration for corn in France and parts of Eastern Europe, while unseasonal winter rains slightly slow the safrinha corn harvest in southern Brazil.01:35 Ag Markets with Curt Kimmel, AgMarket.net07:20 Bayer Requests Glyphosate Import Protections08:00 Scout for Corn Aphids09:12 Farm Bill Legislation May Attempt to Move Foreign Food Aid10:54 Commodity Market Discussion with Ed Usset, University of Minnesota18:04 Ag Weather with Mark Russo, EverStream Analytics ★ Support this podcast ★
We wrap up this short trading week ahead of the July 4th holiday with a Markets Roundtable with John Heinberg of Total Farm Marketing and Cory Bratland of AgMarket.Net. Plus Oliver Sloup shares price action perspective.See omnystudio.com/listener for privacy information.
In the July 2 edition of Commodity Week, host Todd Gleason and panelists Shane Holtorf, Naomi Blohm, and Matt Bennett review regional disparities in crop conditions, highlighting strong growth in Iowa and Wisconsin against waterlogged, disease-threatened fields in East Central Illinois. Analyzing the USDA Grain Stocks report, the panel notes that while a brief market rally occurred, old crop corn stocks remain near an eight-year high, advising producers to sell before seasonal pressure mounts. New crop corn carryout is projected between 1.80 and 1.90 billion bushels, with prices likely to test harvest lows unless major weather disruptions occur or WASDE reports introduce bullish data. Similarly, despite current resilience driven by strong domestic crush margins, the soybean market faces significant downside risk and technical selling pressure without immediate new crop purchases from China.Panelists - Matt Bennett, AgMarket.net - Windsor, IL - Naomi Blohm, TotalFarmMarketing.com - West Bend, WI - Shane Holtorf, LogicAg.com - Alta, IA ★ Support this podcast ★
The July 2, 2026, edition of the Closing Market Report highlights commodity settlements and a shift toward a weather-driven market. Analyst Matt Bennett and industry leaders discuss the agricultural risks of the USMCA entering an annual review process rather than an automatic renewal, while Representative Angie Craig connects rising farm bankruptcies to current trade policies and reduced food assistance. On the agronomic front, entomologist Nick Seiter advises producers to scout for corn leaf aphids during early reproductive crop stages, though he notes severe outbreaks are rare. Finally, meteorologist Mike Tannura forecasts near-term cooling for Illinois and outlines competing mid-July models that predict either a beneficial cool front or a persistent heat dome during the critical corn pollination window.02:13 Ag Markets with Matt Bennett, AgMarket.net07:06 WILLAg News Update for July 2, 202611:28 Corn Leaf Aphids – when to scout and what to expect16:00 Ag Weather with Mike Tannura, T-storm WeatherClick here to view the episode transcript. ★ Support this podcast ★
Brian Grete of Commstock Investments joins us to review the USDA Acreage and Grain Stocks reports and share perspective on market reaction. Drew Lerner of World Weather Inc. provides an outlook on ag weather and Cory Bratland of AgMarket.net has price action analysis.See omnystudio.com/listener for privacy information.
We get an update on global input supply from Corey Rosenbusch, president and CEO of The Fertilizer Institute. Then Jim McCormick of AgMarket.net walks us through their planted acreage estimates report. And worthwhile breaking news regarding the Supreme Court ruling on pesticides.See omnystudio.com/listener for privacy information.
The June 25 edition of Commodity Week featured analysis from Arlan Suderman of StoneX, Curt Kimmel of AgMarket .net, and Greg Johnson of Total Grain Marketing. The panel evaluated the impending June 30 USDA acreage and quarterly grain stocks reports, noting that these figures, alongside developing weather patterns, will establish the primary direction for the markets. Expectations for corn acreage generally reflect a slight decrease from March intentions, while soybean acreage is anticipated to be marginally higher.Weather remains a dominant factor as the corn crop approaches its critical July pollination window. Elevated temperatures will accelerate growing degree days, but sustained heat combined with high overnight temperatures could negatively impact final yields. The panel also highlighted specific agronomic risks moving into the latter half of the summer. These include the eastward drift of smoke from western wildfires and the potential for southern mold spores to increase disease pressure, making fungicide application decisions crucial for producers this season (CropProtectionNetwork.org).Significant uncertainty persists regarding international trade commitments on the demand side. The market is closely monitoring China's purchasing pace to determine if the nation will meet its stated targets by the end of the calendar year. Additionally, potential agricultural shipments to Iran, facilitated by the use of frozen assets, represent another unresolved variable that could substantially tighten the overall balance sheet. Until these international demand factors and late-season weather impacts are clarified, producers are exhibiting notable reluctance to make new crop sales at current price levels.Panelists - Greg Johnson, Total Grain Marketing - Curt Kimmel, AgMarket.net - Arlan Suderman, StoneX ★ Support this podcast ★
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.