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***NOTE: markets are closed on Friday for Juneteenth. We will be back with a new program on Monday. As we wrapped up the trading week on Thursday, USDA confirmed rumored soybean sales to China on the morning export report. So why did the grain markets (soybeans especially) find a negative tone into the holiday weekend? We discuss the broader selloff in grains and livestock ahead of Father's Day with Bryan Doherty, Senior Market Advisor at Total Farm Marketing on today's show. More at https://www.totalfarmmarketing.com. Also, it's a new episode of Cattle Chatter in Segment Two as Susan and Brad go through the week in the cattle market ahead of the long holiday weekend.
We saw the grain markets mixed to lower on Thursday as the June WASDE report came and went with minimal changes. Cattle futures saw a good day to the upside as the markets continue to digest New World Screwworm in the United States. Bryan Doherty with Total Farm Marketing joins us for analysis and perspective on today's show. Find more at https://www.totalfarmmarketing.com. Meanwhile, it's been a week filled with head-scratching price action and volatility in the cattle market. According to Brad Kooima of Kooima Kooima Varilek, the market has become increasingly difficult to read on a day-to-day basis. He joins Susan Littlefield for a new episode of Cattle Chatter in Segment Two. PLUS, we have analysis of the WASDE to open the show from Arlan Suderman at StoneX.
See omnystudio.com/listener for privacy information.
We saw soybean oil and soybeans find support on Thursday with the latter being pulled higher by a surge in bean oil. The rest of the markets had a mixed to sideways tone as we near the end of the week and the month of May. Bryan Doherty with Total Farm Marketing joins us to discuss the market action on today's show. Find more at https://www.totalfarmmarketing.com. Also, it's a new episode of Cattle Chatter with Susan Littlefield and Brad Kooima in Segment Two and we hear from Sam Hudson of Cornbelt Marketing to open the show in Segment One who gives perspective on this week's market trade action.
Our lineup this afternoon is Bryan Doherty of Total Farm Marketing, Lance Honig, Agricultural Statistics Board chair, Methodology Division director and acting Statistics Division Director at NASS, and Patrick Linnell of CattleFax.See omnystudio.com/listener for privacy information.
The cattle complex was down sharply on Thursday as it appears multiple factors (the lockout at Cargill in Fort Morgan, CO, upcoming Cattle on Feed Report, etc) had a hand in limit lower feeder cattle and big losses in live cattle. The grains and oilseeds also saw more selling pressure as we near the weekend holiday. Bryan Doherty with Total Farm Marketing joins us to discuss the Thursday trade action and share market perspective. Find more online by visiting https://www.totalfarmmarketing.com. Those in the cattle industry have been aware for the past four weeks that the Cargill beef processing facility in Fort Morgan, Colorado, has been dark. However, news of a labor lockout grabbed the attention of trading algorithms this week, adding pressure to cattle futures despite the situation being well known within the industry. On this week's Cattle Chatter, Brad Kooima of Kooima Kooima Varilek discusses the impact of the plant shutdown, the continued strength in the cash cattle market, and even the outside pressure created by President Trump's social media comments about addressing the nation's beef shortage. We also begin the show with Mike Castle from StoneX and hear from Susan and Sue Martin from Ag and Investments in Segment Four.
Soybeans fell into some hard profit taking on Thursday as traders apparently caught wind of some small nuggets of information from the Trump/Xi meeting ongoing in China. That pulled corn and wheat lower while cattle futures closed lower as news came out regarding new higher limits starting on June 1st. Bryan Doherty with Total Farm Marketing joins us for analysis and perspective on today's show. More at https://www.totalfarmmarketing.com. The cattle market is entering uncharted territory, with cash trade surging $7 higher in the North and $3 to $5 higher in the South, with some northern sales reported as high as $265. On this week's Cattle Chatter, Brad Kooima with Kooima Kooima Varilek breaks down the latest price movement and discusses the newly announced expanded trading limits. Effective June 1, Live Cattle limits will move to $8.50, while Feeder Cattle limits increase to $10.75. Markets are also keeping a close eye on trade developments with China, including questions surrounding why nearly 400 packing licenses were approved and then later pulled back. At the same time, worsening drought conditions are prompting more cattle to move to market, though producers appear committed to holding onto their cow herds—signaling continued confidence in long-term fundamentals.
We saw more profit taking in cattle futures on Friday while this week's cash trade was strong again. What's going on with the disconnect between the two markets and where do we go from here? Scott Varilek with Kooima Kooima Varilek joins us for analysis of the week in the livestock trade and more on today's show. Find more at https://www.kkvtrading.com. We are also seeing some positive money flow into commodities like grains, oilseeds and crude oil on Friday ahead of the weekend where any number of headlines could flow that might impact trade. Meantime, fertilizer prices continue to be a major talking point worth watching. Mike Castle, Senior Commodities Economist at StoneX, joined us for analysis and perspective at midday on Friday. More at https://www.stonex.com. And late Thursday afternoon Bryan Doherty, Senior Market Advisor at Total Farm Marketing, joined us to share perspective on the week in the market trade. War headlines, the upcoming US/China meeting, weather and more are all at play in these markets and we discuss that on this episode. Find more online at https://www.totalfarmmarketing.com.
Today's guests include Bryan Doherty with Total Farm Marketing, Sue Martin with Ag & Investments and a new episode of Cattle Chatter with Susan Littlefield and Brad Kooima from KKV Trading.
Weather worries impacted the Kansas City wheat market on Thursday as the trade surged higher, spilling over into Chicago and Minneapolis wheat too. Cotton also saw some consolidation and support from the dry weather in the south it seemed on the day. Bryan Doherty with Total Farm Marketing joins us for analysis of the grain, livestock and dairy markets today. Find more online at https://www.totalfarmmarketing.com. Also, the market is still searching for clarity on border developments, especially after Brooke Rollins canceled her planned Friday visit to Arizona. On this week's Cattle Chatter, Brad Kooima at Kooima Kooima Varilek looks at how that uncertainty is adding to an already quiet tone in the cash market, where a standoff continues and could stretch through Friday's close. For now, cattle weights aren't raising major concerns, while attention is starting to turn toward seasonal demand. With one of the biggest grilling occasions of the year—Mother's Day on May 10—just around the corner, there's optimism that boxed beef values could see improvement in the weeks ahead.
Bryan Doherty, Total Farm Marketing See omnystudio.com/listener for privacy information.
Wheat led the grain markets on Thursday while corn and soybeans traded quiet to lower on the day. Meanwhile, the cattle complex was under pressure again on the day. Bryan Doherty with Total Farm Marketing joins us to discuss the week in the trade. You can find more and reach out online by visiting https://www.totalfarmmarketing.com. We also have a new episode of Cattle Chatter this week with Susan Littlefield and Brad Kooima in Segment Two. And we get an early spring planting update from the eastern Corn Belt as Becks Hybrids agronomist Travis Coleman joins us for an update from southern Indiana.
There were minimal changes and no surprises in the April WASDE Report from USDA on Thursday. There was an interesting tweak to soybean crush along with U.S. and World wheat ending stocks. But overall, markets had a quiet reaction on the day. Bryan Doherty with Total Farm Marketing joins us to recap the report and look big picture at grains, livestock and dairy on today's show. More at https://www.totalfarmmarketing.com. Also on today's show, it's another episode of Cattle Chatter as Susan Littlefield is joined once again by Brad Kooima from Kooima Kooima Varilek in Segment Two of today's show. Find more online at https://www.kkvtrading.com.
Grains and livestock markets were mixed to end the week of trade on Thursday while we saw more volatility in the outside markets, like crude oil, stocks and gold. How much is weather going to start driving the market trade in the month of April? What could high diesel prices mean for your risk management? Bryan Doherty with Total Farm Marketing joins us today for analysis and perspective. Find more online at https://www.totalfarmmarketing.com. Also, we have a brand new episode of Cattle Chatter in Segment Two as Susan Littlefield is joined by Brad Kooima from KKV Trading to break down what is happening this week in the cattle and livestock markets. Find more at https://www.kkvtrading.com.
Bryan Doherty, Total Farm MarketingSee omnystudio.com/listener for privacy information.
We saw corn and soybean futures find support to the upside on Thursday, while the livestock complex traded lower with feeder cattle the leader to the downside. Geopolitical risk from disruptions in the Strait of Hormuz and attacks on energy infrastructure have reinforced some inflationary narratives, drawing speculative interest back into grain markets. Bryan Doherty with Total Farm Marketing joins us for a conversation about this week's trade in Segments Three and Four while we get perspective on the impacts to fertilizer and gas production in the Middle East as Melih Keyman is the Founder, President, and CEO of Keytrade, one of the world's leading fertilizer trading companies, joins the show. In Segment One, we get things started with a new episode of Cattle Chatter as Susan Littlefield is joined once again this week by Brad Kooima from Kooima Kooima Varilek. You can watch their full conversation as well on YouTube: https://www.youtube.com/@markettalkag
Crude oil worked higher again on Thursday and that helped to pull the grain complex higher as well (although we did finish a bit off of session highs on the day). Meantime, the cattle complex also saw a nice rally from the lows into the close. Bryan Doherty with Total Farm Marketing joins us again this week to discuss the ongoing volatility in the markets. More at https://www.totalfarmmarketing.com. And speaking of the cattle complex, we get perspective on the volatility and more with this week's episode of Cattle Chatter. Susan Littlefield is joined once again by Brad Kooima from Kooima Kooima Varilek for this week's conversation. Find more online at https://www.kkvtrading.com.
Bryan Doherty of Total Farm Marketing joins Mark Magnuson for today's midday market podcast.
More volatility was seen across the markets on Thursday with crude oil hitting the $80 per barrel mark while the Dow Jones was down around 1,000 points on the day. Grains and oilseeds were higher led by a sharp rally in wheat while it was a mixed session in livestock. Bryan Doherty with Total Farm Marketing joins us to discuss risk management amid volatility, the question of whether or not we are losing corn acreage due to fertilizer challenges and much more on today's show. Find more at https://www.totalfarmmarketing.com. Also, the livestock trade was quieter on the day Thursday. Who is going to win the leverage battle in the cattle complex? That's one of many items discussed on this week's episode of Cattle Chatter as Susan Littlefield talks once again with Brad Kooima from Kooima Kooima Varilek. In Segment One, we share a conversation from Commodity Classic as Farm and Ranch Media's Corryn La Rue talked with Nathan Keane from the National Association of Wheat Growers.
Bryan Doherty, Total Farm Marketing See omnystudio.com/listener for privacy information.
Wheat and crude oil continued their rally on the back of weather and geopolitical risk in those markets. Corn and soybeans were quiet once again as USDA's Ag Outlook Forum projected smaller corn acres and higher soybean acres for the year ahead. Bryan Doherty with Total Farm Marketing joins us to discuss the week in the grain and livestock markets. Find more at https://www.totalfarmarketing.com. Cash is still king in the cattle market, with Northwest Iowa seeing trades at $250, reinforcing the strength of negotiated cash. Attention now turns to Friday, which brings two potential market movers: the latest Cattle on Feed report and another vote at the JBS plant in Greeley, Colorado. On this week's Cattle Chatter, Brad Kooima with Kooima Kooima Varilek breaks down the strong cash movement, the impact of heavier cattle, and answers a listener question about cattle in Mexico and whether more are now being processed south of the border.
It was a volatile week of trading in the cattle markets with the JBS Greeley, CO news on Thursday followed by more red hot cash cattle trade on Friday that helped support a decent futures rally. Scott Varilek with Kooima Kooima Varilek joins us to share perspective on the livestock markets and a bit on the grains as we finish up the week. More at https://www.kkvtrading.com. Meanwhile, it was a strong week for the soybean complex although Friday did bring a round of profit taking and farmer selling it seems as we finished well of session highs. The corn and wheat markets continued to struggle with more quiet, rangebound trade. And, we also get thoughts on beef on dairy but looking at it from the dairy side of the equation with Bryan Doherty, Senior Market Advisor with Total Farm Marketing. Find more online by visiting https://www.totalfarmmarketing.com.
Grain and livestock futures were under selling pressure to close out the month of January while metals, stocks and more were down even harder on Friday. Bryan Doherty with Total Farm Marketing joins us to share perspective on the finish to the week and month, thoughts on farmers selling small rallies in the grain trade, an update on a volatile dairy market and more. Find more at https://www.totalfarmmarketing.com. Friday's futures trade brought some heavy selling pressure in feeder cattle with some spilling over to live cattle ahead of the Cattle Inventory Report release. Joe Kooima with Kooima Kooima Varilek joins us to discuss what he's seeing at month's end, thoughts in lean hogs and some grain market perspective as well. More at https://www.kkvtrading.com.
We saw a mixed grain and livestock trade on Thursday as wheat was the upside leader. Bryan Doherty with Total Farm Marketing joins us to discuss potential winter weather impacts on wheat, perspective on the current state of the soybean market, along with a look at cattle and dairy markets as well. Find more online by visiting https://www.totalfarmmarketing.com. Also, it's a new episode of Cattle Chatter this week with Susan Littlefield and Brad Kooima from Kooima Kooima Varilek. This week on the show, they break down the softer feeder index, weather that may not yet be fully priced in as snow and colder temperatures arrive late this week, and what Friday's Cattle on Feed report could reveal about tighter supplies moving forward. Find more at https://www.kkvtrading.com.
Soybeans saw decent strength on Thursday with another large crush number out from NOPA along with good export sales numbers. Meanwhile, the corn market continues to struggle under the weight of USDA's big surprises from Monday. Was corn silage the main culprit as to why we saw a large shock in harvested corn acres? That's one of many topics we discuss today with Bryan Doherty from Total Farm Marketing. More at https://www.totalfarmmarketing.com. Also, we start the show with market analysis from Mike Castle with StoneX and follow that up in Segment Two with a brand new episode of Cattle Chatter. FARM's Susan Littlefield is joined again this week by Brad Kooima from Kooima Kooima Varilek for a deep dive into the cattle markets.
Bryan Doherty of Total Farm Marketing by Stewart-Peterson joins us to close out the marketing year and offer some optimistic perspective plus Todd Horwitz of bubbatrading.com is still concerned about the possibility of stagflation and USDA dropped some details on the bridge payments.See omnystudio.com/listener for privacy information.
As we get closer to ending 2025 and see the markets mostly entering into the holiday mode, we take a step back and discuss some common market terms and strategies to consider when it comes to managing your risk. Our professor for today's lesson is Bryan Doherty, Senior Market Advisor with Total Farm Marketing. Learn more at https://www.totalfarmmarketing.com. Plus, we take a look at what is happening in the cattle markets as we near the end of the week and month. It's an all new episode of Cattle Chatter as our own Susan Littlefield sits down again this week with Brad Kooima from Kooima Kooima Varilek out of Sioux Center, IA. More at https://www.kkvtrading.com.
On today's show, we start in segment one with analysis from Arlan Suderman from StoneX that we got during our Midday Commentary and follow that up with a new episode of Cattle Chatter in Segment Two with Susan Littlefield and Brad Kooima. Then, we sit down for a look at the week in the market trade and talk risk management with Bryan Doherty from Total Farm Marketing to close the show.
Grain and livestock markets were mostly higher on Thursday as we work through the first week of December. Corn demand especially remains strong, according to the export sales data. Bryan Doherty with Total Farm Marketing joins us to discuss demand, charts and market sentiment on today's show. Find more online by visiting https://www.totalfarmmarketing.com. Also, what is happening in this cattle trade as get into December? Susan Littlefield joins us for another episode of Cattle Chatter with Brad Kooima from Kooima Kooima Varilek on today's show. Find more at https://www.kkvtrading.com.
Was Thursday's trade as simple as buy grains, sell livestock? We saw good strength in soybeans and corn with heavy pressure in cattle and hog futures on the day while stocks were also under heavy pressure. Bryan Doherty with Total Farm Marketing joins us to discuss the trade action, thoughts ahead of Friday's WASDE report and the impact of data flowing again with the government reopening. Find more at https://www.totalfarmmarketing.com. Also on today's show, we have another episode of Cattle Chatter with Susan Littlefield and Brad Kooima from KKV Trading as they discuss the on-going volatility in the cattle markets. And we also kick off the show talking markets with Kyle Bumsted from Allendale in Segment One.
There was plenty of red across the grain and livestock trade on Thursday as things quickly turned into a "risk-off" mindset after the morning open. More rumors surrounding trade and tariffs seemed to be at play with soybeans, meal and wheat leading to the downside in grains and feeder cattle leading lower again in livestock futures. We kickoff today's show with Zach Hooker from Commstock Investments and then later in the show Bryan Doherty with Total Farm Marketing joins us for a conversation to recap Thursday's trade action. And in the middle in Segment Two, we have a new episode of Cattle Chatter with Susan Littlefield and Brad Kooima from KKV Trading.
We saw soybeans trade a wide range on Thursday and settle moderately higher amid US/China trade news. The rest of the grain and livestock trade was mostly mixed to lower. Bryan Doherty with Total Farm Marketing joins us for a conversation in the back half of the show while we also get analysis from Kyle Bumsted at Allendale in Segment One. And also in Segment Two, we have a new episode of Cattle Chatter as Susan Littlefield broadcasts live from the 98th National FFA Convention in Indianapolis, IN and she talks about this volatile cattle trade with Brad Kooima from KKV Trading.
Thursday's grain and oilseed trade was full of strong, upside moves across the futures complex. Add in the moves in crude oil and we had a mostly "risk-on" trading day across commodities. Bryan Doherty with Total Farm Marketing joins us to discuss the technical picture and provide some perspective on cattle and dairy markets to close out the week. Learn more online at https://www.totalfarmmarketing.com. Also, there's been plenty of outside noise in this week's cattle market. President Trump's midweek comments on cattle gave both the market and producers a boost of energy. On this week's Cattle Chatter Brad Kooima with Kooima Kooima Varilek breaks down the pressuring factors facing the industry. Cash continues to hold strong despite the volatility, and as Kooima reminds, "we can't change supply in the next 150 days." A bit of a Thursday bounce added optimism, but long-term speculators are questioning how much pressure Brazil, tariffs, and the ongoing border closure with Mexico will continue to weigh on market movement.
We found another quiet trading day overall on Thursday, with a little bit of support in corn and soybeans amid a lack of farmer selling in the cash market, uncertainty surrounding final yields in corn and more. Bryan Doherty with Total Farm Marketing joins us to discuss on today's program, powered by John Deere. Learn more at https://www.totalfarmmarketing.com. Also on today's show, is the cattle market overbought? That's the big question this week as feeder cattle showed strength for much of the trade, while markets wait for the cash to fully develop. On this week's Cattle Chatter, powered by John Deere, Brad Kooima with Kooima Kooima Varilek breaks down whether the demand wall has been hit and if upcoming holiday buying could lend support heading into November. He also touches on continued frustration over the government shutdown, renewed discussions about the New World Screwworm, and an interesting connection between the gold and cattle markets.
We saw another quiet day overall in the grain trade on Thursday as the markets continue to pursue any sort of fresh news. Meantime, feeder cattle continue to move higher this week while the dairy market continues to be a "broken record" according to Bryan Doherty with Total Farm Marketing. He joins us today to talk about this week's market action. Find more online by visiting https://www.totalfarmmarketing.com. We saw the feeder cattle market continue it's rocketship ride this week with a fourth higher day in a row, leading live cattle and the ag markets overall. In the grain trade, it was another quiet day with a lack of fresh news. Brian Grete with @commstockinvestments joins us on the show today to discuss the grain markets, geopolitics/farmer aid rumors, the strength in cattle and more. Find more online as well at https://www.commstock.com. Feeders once again led the trade today, showing strength amid continued market uncertainty. On this week's Cattle Chatter, powered by John Deere, Brad Kooima with Kooima Kooima Varilek breaks down the renewed jump in the feeder market and ongoing pressure to open the border with Mexico — even after another case of New World Screwworm was discovered just 170 miles away. He also looks at what kind of market movement could follow the recent tariff discussions between the U.S. and Brazil. Meanwhile, pressure remains on the cash market to perform after Thursday's trade closed $1 higher. More online at https://www.kkvtrading.com.
Bryan Doherty of Total Farm Marketing joins Mark Magnuson for today's midday market podcast.
We saw another higher day in the grains and oilseeds on Thursday as the early October winning streak continues. Meantime, it was a lower day in the livestock trade with feeder cattle futures down sharply to close the session. On today's show, we put an emphasis on controlling the factors you can control and looking at market fundamentals. Bryan Doherty with Total Farm Marketing joins us in Segment Three followed by David Brock from The Brock Report in Segment Four. Before all of that, we have this week's Cattle Chatter conversation with Susan Littlefield and Brad Kooima from KKV Trading in Segment Two and we hear from Arlan Suderman of StoneX in our opening segment of the show, powered by John Deere Operations Center.
Grain markets were quietly lower on Thursday, seemingly waiting on the next headline to move the markets. Could that be something from Friday's expected President Trump/President Xi conversation? Could it be more concrete yield results from harvest? We take a look at this week's trade and get perspective from Bryan Doherty, Senior Market Advisor at Total Farm Marketing. More online at https://www.totalfarmmarketing.com. Also, the roller coaster ride in the cattle market carried over into Thursday's trade, as volatility remained the theme. On this week's Cattle Chatter with Brad Kooima of Kooima Kooima Varilek we assess the chart damage from last week's selloff, which left the market searching for support. One factor in play is the regional difference in supply. The South continues to show larger cattle numbers, while the North is running tighter, yet more cattle are being moved south to fill pens. At the same time, carcass weights are edging higher, adding additional tonnage to overall supplies. On the technical side, analysts are keeping a close eye on the 20- and 40-day moving averages. Those levels will be key in determining whether the market can stabilize or if more downside pressure is ahead. For now, the tone remains cautious as traders weigh both fundamentals and technical signals.
The September WASDE Report was released on Friday and it included an expected drop in U.S. corn yield estimates but a surprise increase in corn acres. We break down the report, a strong close in corn and soybeans on Friday and get perspective on the livestock trade. Bryan Doherty with Total Farm Marketing joins us to discuss. More at https://www.totalfarmmarketing.com. Also on the show Kyle Malcolm, LG Seeds agronomist covering eastern Indiana and Ohio, joins us for an update on the growing season and how things are shaping up for fall harvest. He also encourages farmers to monitor corn stalk health as harvest approaches and the impact the weather and crop disease has had on stalk health and standability in his area. More at https://www.lgseeds.com.
Susan Littlefield sits in for the Friday, September 5th episode of Market Talk. She has market conversation with PJ Conradt and Bryan Doherty as well as the latest episode of Cattle Chatter with Brad Kooima from KKV Trading.
Michelle Rook sits in for Chip Flory this afternoon and her guest analyst is Bryan Doherty of Total Farm Marketing by Stewart Peterson. Markets and trade, including dairy, are discussed. Brian Splitt of AgMarket.net shares price action perspective.See omnystudio.com/listener for privacy information.
Soybeans and soybean oil were the upside leader on a mostly positive trading day Thursday. Was it the news announcement of details for the U.S./European Union trade framework that included many ag products like soybean oil? Was it a general bounce in the market? Bryan Doherty, Senior Market Advisor with Total Farm Marketing joins us to discuss the trade action in grains and livestock on today's show. Learn more online at https://www.totalfarmmarketing.com. Also, it is a new episode of Cattle Chatter, as Susan Littlefield and Brad Kooima dive into another dynamic week in the cattle complex led by strength in feeders so far throughout the week. Learn more at https://www.kkvtrading.com.
Bryan Doherty of Total Farm Marketing joins Mark Magnuson for today's midday market podcast.
Bryan Doherty of Total Farm Marketing joins Mark Magnuson for today's midday market podcast.
Bryan Doherty of Total Farm Marketing joins Mark Magnuson for today's midday market podcast.
Bryan Doherty of Total Farm Marketing joins Mark Magnuson for today's midday market podcast.
Bryan Doherty of Total Farm Marketing joins Mark Magnuson for today's midday market podcast.
Bryan Doherty is a senior market advisor and v.p. of brokerage solutions at Total Farm Marketing by Stewart Peterson. He joins us to discuss markets, price outlook and marketing strategies. Oliver Sloup of Blue Line Futures shares price action analysis.See omnystudio.com/listener for privacy information.
We wrap up our live coverage of Commodity Classic with conversations with Tyler Schau of AgMarket.net and Bryan Doherty of Total Farm Marketing by Stewart-Peterson. The market's reaction to the tariffs being activated is of course discussed. This show is sponsored by Meristem Crop Performance, and we also chat with Peter Rousonelos, SVP of business development at Meristem, about a new product announced today.See omnystudio.com/listener for privacy information.