Podcasts about wasde

Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links —Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.

Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links —Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.⛈️ SEVERE WEATHER SLAMS THE PLAINS & CORN BELT

The Closing Market Report from June 9, 2026, details a recent sell-off in commodity markets, with corn, soybean, and wheat prices returning to January lows due to the current absence of a weather premium. The upcoming WASDE report is expected to reflect strong export sales and potential adjustments to old crop carryouts, while technical support levels suggest potential short-term recovery bounces. In agricultural news, the Senate is developing legislation for year-round E15 sales to match a recently passed House bill, and the shipping company Maersk has successfully tested 100% ethanol as a bunker fuel in Rotterdam. Meanwhile, the Strategic Petroleum Reserve is projected to reach its lowest volume since the 1980s, and a Wisconsin farmland auction yielded nearly $22,000 per acre. Furthermore, the rapid expansion of large-scale data centers in the Midwest has prompted significant local and state regulatory pushback regarding energy and water consumption, leading to temporary development moratoriums and the proposed repeal of tax incentives in states such as Illinois and Michigan. Finally, the agricultural weather forecast predicts severe thunderstorms and heat across the northern plains and upper Midwest, which will shortly be followed by a transition to cooler, drier conditions driven by air masses from south-central Canada.- Ag Markets with Naomi Blohm, TotalFarmMarketing.com- WILLAg News Update for June 9, 2026- Lawmakers Rush to Regulate Data Center Development- Ag Weather with Don Day, DayWeather.com ★ Support this podcast ★

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 ★

Deals and Movement in the Grain Market A Look into the Weather Variety in Kansas Focus on Feedlot Data   00:01:05 – Deals and Movement in the Grain Market: Daniel O'Brien, K-State grain economist, kicks off the show as he talks about movement in futures and cash, more data from the WASDE report and the U.S. and China trade deal. Daniel on AgManager.info   00:12:05 – A Look into the Weather Variety in Kansas: K-State meteorologist Chip Redmond continues the show as he discusses the large differences in the weather for the past week and what we can be expecting for the unofficial start of summer.  Mesonet.ksu.edu   00:23:05  – Focus on Feedlot Data: Wrapping up the show is K-State Extension beef cattle specialist Justin Waggoner as he reviews the Focus on Feedlot data and what it shows for the cattle industry.  Focus on Feedlots Monthly Reports     Send comments, questions or requests for copies of past programs to ksrenews@ksu.edu.   Agriculture Today is a daily program featuring Kansas State University agricultural specialists and other experts examining ag issues facing Kansas and the nation. It is hosted by Shelby Varner and distributed to radio stations throughout Kansas and as a daily podcast.   K‑State Extension is a short name for the Kansas State University Cooperative Extension Service, a program designed to generate and distribute useful knowledge for the well‑being of Kansans. Supported by county, state, federal and private funds, the program has county Extension offices statewide. Its headquarters is on the K‑State campus in Manhattan. For more information, visit Extension.ksu.edu. K-State Extension is an equal opportunity provider and employer.

US and the World Planters are rolling across the Great North American corn belt. It is that time of year when the rubber meets the road with regard to all the plans put in place over the last few months. As of May, the 10th 57% of corn was planted in the US and 49% of intended soybean acreage was in the ground. So we’re off to a very good start. However, as every farmer knows there’s lots of risks planting those fields and there’s lots of risk ahead. Markets have been volatile. On Tuesday May the 12th the USDA released their latest WASDE report. The May report is USDA’s first detailed look into crop production for the 2026/2027 crop year. USDA is predicting new crop corn to be 15.995 billion bushels based on the yield guess of 183 bushels per acre. This was within pre report estimates and if it comes to fruition, it will be the second largest corn crop on record trailing only last year's 17.02-billion-bushel blockbuster. The planted acreage is set to come in at 95.3 million acres with harvested acreage projected at 87.4 million acres. It really wasn’t a big surprise with regard to these fundamental numbers. The corn ending stocks for 2026/27 are projected to be 1.957 billion bushels. Total corn usage is estimated to be 16.205 billion bushels. On the soybean side of the equation, USDA estimated numbers of 4.435 billion bushels of soybeans with a trendline yield of 53 bushels per acre and 84.7 million acres. If it comes to fruition, this will be the second largest soybean crop in U.S. history. US domestic soybean stocks are set to come in at 310 million bushels which was on the bottom end of the pre report estimates. The Brazilians are set to produce another 186 MMT crop of soybeans and the Argentinians are set to come in at 48 MMTs. USDA estimated 2026/2027 US wheat production to be 1.561 billion bushels which is a decrease from the 1.921 billion bushels last May. If this production comes to fruition, it will be the lowest wheat production since 1972. On May 15th corn and soybeans were about the same and wheat futures were higher than the last Market Trends report. July 2026 corn futures was at $4.55 a bushel. Dec 2026 corn was at $4.81 bu. The July 2026 soybean futures was at $11.77 bu. The November 2026 soybean futures were at $11.70. The July 2026 wheat futures closed at $6.35 a bushel. The Minneapolis July 2026 wheat futures closed at $6.85 a bushel with the September 2026 contract closing at $7.05 a bushel. The nearby oil futures as of May 15th, 2026, closed at $105.42/barrel much higher vs the nearby futures recorded in the last Market Trends report of $94.40/barrel. The average price for US ethanol in the US was $2.22/gallon, higher vs the $2.21/gallon recorded in the last Market Trends Report. The Canadian dollar noon rate on April 24th, 2026, was .7272 US, down vs the .7311 US reported here in the last Market Trends report. The Bank of Canada’s lending rate remained at 2.25%. Ontario The Grain Farmers of Ontario's estimation of planting put corn planting at 52% complete, soybeans are at 16 per cent complete, and spring cereals planting is 62 per cent complete across the province as of Wednesday, May 13, 2026. Weather has been uneven early in the season and especially cold going into mid-May. Producers will be hoping for hot weather for good crop emergence and adequate rainfall to get the crop off to a good start. Rainfall has been a bit on the light side in some areas of the province as of mid-May. In fact, although some wheat fields look very good some of the wheat fields that got side dressed late because of tough ground conditions are in need of a good rain. So far at least in the deep southwest of Ontario that has not happened. Weather is always a dominant factor with regard to crop progress. So far it is led to slow development, but of course we’re hoping for a quick turnaround. Ontario corn basis levels have hardly changed from the last Market Trends report. In fact if anything they are a bit lower. Soybeans on the other hand have much higher basis levels which are reflection of the lower Canadian dollar, higher futures prices and the lower soybean supplies in eastern Canada. The Canadian dollar currently at .7272 US continues to add stimulus to Ontario grain prices. Old crop corn basis levels are $1.40 to $2.05 over the July 2026 corn futures on May 15th across the province. New crop corn basis levels were $1.20 to $1.63 over Dec 2026 futures. The old crop basis levels for soybeans range from $3.45 to $4.20 over the July 2026 futures. New crop soybeans range from $3.16 to $3.45 over the November 2026 futures. Ontario SRW wheat prices are approximately $7.72. For July 2026 new crop the bid is in the $7.66/bu range. On May 15th the US replacement price for corn was $6.74/bushel. You can access all these Ontario grain prices in the marketing section at https://gfo.ca/marketing/daily-commodity-report/ The Bottom Line Our grain marketing reality is growing a little bit more mixed. A month ago, one of the main topics of discussion was the Iran war and how that had affected both fertilizer and fuel prices. By extension the grain markets rallied. However, that war has now become more dialed into the trading algorithms and a month-long ceasefire has mitigated some of the effect. Needless to say, oil prices are still elevated and the war could continue to flare up anytime. It is truly a wild card for grain producers this year across the North American corn belt. That might be the wild card but of course there is always the weather which has a big effect on what’s happening ahead. For instance, by the weekend of May 16th about 70% of the US corn crop could be planted as well as 2/3 of the soybean crop. Things have turned bearish and that’s partly because of the disappointment in Beijing and partly because of the great crop planting progress and the benign weather. It is leaning into a bearish market environment. If the weather decides to play nice, we know the rest of the story. We will have big crops and probably rising ending stocks. However, on the other hand if there is a hiccup involved with regard to crop weather in supply, we will likely see a mitigating effect on the price dropping. It is shaping up to be a super El Nino year. Looking back at the past super El Nino years, 2015, 1997 and 2023, all had record corn yields. Wheat is at an interesting point. The Chicago wheat contract which is especially relative to producers in Ontario has been dragged up by the HRW wheat price rally. This is happened because of the dry weather in the US southern plains. It is key because the United States will be at a low ebb for HRW for another year. This should support to some extent the Chicago wheat market. As always, with wheat grown everywhere, cheaper foreign wheat always has the potential to show up in US ports. Commodity Specific Comments Corn The US old crop corn ending stocks sitting at 2.1 billion bushels is putting a drag on the corn price. However, it is much higher than it was a year ago and has constantly threatened to go through $5 US. However, it has not done that and backed off currently at $4.81 a bushel. New crop ending stocks at 1.96 billion bushels are telling us there’s not a lot of concern. Old crop prices reflect this. We’ll have to see what the weather does this summer. The December contract breaking through $5 is a tough ask. Seasonality is always part of that and traditionally that has been mid-June for the highest new crop prices. However, over the past five years the seasonality seems to have changed because the best new crop prices being in the first part of May. That possibly might have happened this year. Weather risk and renewed war risk will likely be two factors to break that $5 barrier. The July 2026 corn contract is currently priced at 7.25 cents lower than the September 2026 contract a bearish indication of old crop corn demand. Seasonally, we know that corn prices tend to peak in early June and bottom out in early October. The July 2026 corn futures contract is at the 16th percentile of the past five-year price distribution range. Soybeans Soybeans have been on call with regard to any news coming out of China. At this point there hasn’t been specific numbers mentioned with regard to any type of renewed Chinese demand coming out of the presidential meeting in Beijing. Positive news out of that meeting might have taken the nearby month into the $12.00 futures territory. As it is now, there is really no shortage of soybeans in the United States or in the world at any level. Soybean prices fell after the summit with funds taking profits from the lack of news. However, there still could be increased Chinese buying but it might be more likely that it comes later in the season, when soybeans could be cheaper. Cheap always is the great elixir for Chinese soybean buying. The July 2026 soybean contract is currently priced .25 cents above the August contract considered bullish for old crop soybean demand. Seasonally, soybean prices tend to peak in early July and bottom out in early October. The July 2026 soybean contract is currently at the 28th percentile of the past five-year price distribution range. Wheat Wheat went up the limit in one trading session of the week ending May 16th. In the May USDA report all wheat production was down to 1.561 billion bushels, and this was 170 million bushels below trade estimates. The HRW wheat was estimated at 515 million bushels which is nearly 290 million bushels below last year. So, for whatever reason, we went up the limit but keep in mind most US wheat is still priced out of global markets. At the moment it’s a US phenomenon seeing this wheat price higher, at a certain point it will likely disappear. Needless to say, it does represent opportunity to price wheat. The Ontario wheat crop could sure use a rain in some areas, but generally looks good. Quality issues can always be a problem when it comes to wheat but drier than normal usually works well. Prices are also a dollar plus higher this year compared to what was received last harvest season in 2025. The Canadian dollar certainly helps with that. Producers will be hoping as the weather grows warmer wheat finds its sweet spot to bring in bumper yields. The Bottom Line (cont.) The Canadian dollar continues to flutter around the 72 cent level US. Over the last several weeks it is gyrated between 73 cents and 71 cents US bouncing in an inverse fashion to where the US dollar goes. At a certain point there is going to be a breakout to the upside and when it does it will be a problem for Ontario cash grain prices. As it is, stronger USD economic data and trade uncertainty with Canada hasn’t been good for the loonie. $0.80 US still seems like a long way off, thankfully for Ontario grain prices. The geopolitical situation continues to be a bit of a hot mess, but a hot mess that the grain trading algorithms have readily devoured. Whether it is Russia and Ukraine or Iran and the United States or Israel and Lebanon grain algorithms have adjusted. However, oil prices are still elevated which help grain prices generally. In the bearish fundamental environment for grain, which we are in now these geopolitical concerns can add a lot of spark to the market at unusual times. Keep in mind that we are in a time frame of grain seasonality we’re often times you can capture new crop marketing opportunities. It is also true that you can sell grain throughout the year successfully especially if you have market orders set. Capturing those market opportunities can be elusive especially in markets like these affected by geopolitical events beyond the grain fundamentals. Despite that, we move on. Here in Ontario, we have the challenge once again this spring of getting the crop in the ground. That can always certainly be a challenge, but it’s also challenged to market our crops in a profitable manner and capture those marketing opportunities when they come along. Grain continues to move out into the export market to compete with cheaper options. At the same time there are value added opportunities here at home built up by our industry overtime. Daily market intelligence remains key. Risk management never grows old. There will be many marketing opportunities ahead. The post Market Trends Report – May & June 2026 appeared first on Grain Farmers of Ontario.

Weekly wrap for the week ending May 16, 2026. It's been a week, daylight burners. Trump flew to Beijing, shook Xi's hand, declared fantastic deals, and flew home. The soy market said show me the purchase order — beans closed the week down 31 cents from Monday's peak. The one concrete thing that came out of that summit? China quietly renewed import licenses for 400+ US beef plants on Thursday. Five-year validity. The door to the world's biggest beef market just reopened. Cash cattle hit $260–$265 live and held all week — record territory. The WASDE cut US beef production 243 million pounds and raised the steer price forecast $8–$10 across the back half. The futures didn't believe it on Monday. By Friday, the board was following cash higher. The beef tariff executive order got pulled after ranch country raised hell. The Choice/Select spread is sitting at $0.10 — near inversion. Grilling season demand is very real. Wheat was the print of the week. KC hard red ripped $0.81 on the WASDE before giving back Friday. New crop all-wheat production at 1.561 billion bushels — below the lowest analyst estimate. If you stored winter wheat, your bin got more valuable this week. The Southern Plains and Southwest lit up Thursday and Friday. Hunggate Fire in Randall County TX — 14,000 acres, mandatory evacs, 5 simultaneous ignitions. Line Fire crossing from Quay County NM into the Texas Panhandle. Cimarron County Oklahoma getting hit again — same corridor as the February Ranger Road Fire. The NIFC season is running at 194% of the 10-year average. Nebraska already lost a million acres of summer grass. The Great Basin summer outlook is above normal for fire potential. Plan now, not in July. Also on the show: pseudorabies confirmed in Iowa and Texas commercial swine — first time since eradication in 2004. Fertilizer Institute CEO told the Senate Ag Committee that 34% of global urea runs through the Strait of Hormuz. Urea is up 47% since February and the Hormuz premium is not peeling off. Purdue Ag Economy Barometer hit an October 2024 low — two-thirds of producers expect net farm income to fall in 2026. And North Dakota pastureland broke $1,000 per acre in every region of the state. This is the show. Move your ass — we're burnin' daylight. Full show prep, transcripts, and the Burnin' Daylight dashboard: burningdaylight.substack.com A Man About a Horse equine intelligence app: burningdaylight.substack.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Mike and Jayden discuss trade after WASDE and trade negotiations.

The May WASDE dropped Tuesday, May 12th, offering some bullish surprises for the wheat market, and giving the whole grain complex a boost in advance of President Trump's long-awaited trip to visit American agriculture's most important trading partner — China. With both news and the latest report driving markets this week, we're joined once again by DTN Lead Markets Analyst Rhett Montgomery who helps us find the signal in the noise in one the USDA's heftier annual publications. Today, Rhett walks us down the balance sheets for the major grains, offering updates and insights on the latest new and old crop figures, and fills in the details on how these updates are shifting world stocks as well. After he gives an update on the basis picture, we'll also hear what he's on the lookout for from the Trump-Xi meeting, from the fallout from the ongoing conflict in the Persian Gulf, and from weather outlooks across the Americas. Finally, he'll flag current trends to watch that might indicate unusual opportunities, and growing risks, being created by speculators in the grain markets.

The Friggin' Farm & Ranch Report — Thursday, May 14, 2026 Host: Matt McKinley from Yerington, Nevada Cash cattle hold at $260 live in the South while futures stay skeptical. Wheat surges again on WASDE-driven drought concerns. The Fertilizer Institute testifies to Congress on the Hormuz disruption's impact on global fertilizer supply. North Dakota pastureland tops $1,000/acre — a national first in survey data. Beijing's Day 1 readout of the Trump-Xi summit adds geopolitical context to ag markets. We break down what this means for cattle margins, feed costs, and policy risk — with a local lens from Nevada. Stories covered: - Trump delays beef tariff order; market reaction and packer dynamics - Cash cattle at $260; futures skepticism and breakeven math - Wheat & grains rally on WASDE drought pricing - Hormuz disruption and fertilizer (urea/phosphate) price implications - APHIS brucellosis policy update near Yellowstone - Drought Monitor: D3/D4 expansion - ND pastureland tops $1,000/acre nationwide first - Beijing Day 1 readout: Trump-Xi summit - Fallon/Great Basin sale barn records on light calves Chapters: 00:00 Cold open 01:30 Tariffs: Trump delays beef tariff order 04:00 Cattle: cash $260 and futures dynamics 07:30 Wheat & grains: WASDE fallout 10:15 Fertilizer & Hormuz 12:45 Beijing Day 1 readout 15:30 Brucellosis/APHIS update 18:00 Drought Monitor update 20:45 ND pastureland values 23:30 War reel recap 25:30 Beef export read-through 28:15 Fallon/Nevada sale barn color 32:00 Three to watch for Friday 34:00 Close and callouts Got sale barn numbers? Send them in — we'll weave them into Friday's wrap. Learn more about your ad choices. Visit megaphone.fm/adchoices

Two days of markets in one shot. This Friggin' Farm & Ranch Report folds Tuesday's May WASDE fireworks into Wednesday's cattle tape and policy mess. We start with WASDE-671: U.S. wheat chopped to 1.561 billion bushels, 424 million under last year and below the low end of the trade range. KE wheat runs 50 cents, corn and beans climb, and USDA quietly confirms the drought story we've been preaching for weeks. We spell out what that does to your wheat, hay, and feed costs headed into summer. Cattle side, USDA cuts 2026 beef production 243 million pounds and raises steer prices, but the board shrugs. Cash bids hit $260 live in the South while Live Cattle futures close $1.70 to $2.80 lower and Feeders $2.50 to $7.30 lower. The longs are walking, and we break down what the Wednesday Fed Cattle Exchange needs to do before you pull the trigger on fats. We hit the DOJ's criminal antitrust probe into the Big 4 packers, walk through the sale barn pulse from OKC West, Dodge City, Beaver County, and Lone Star Stockyards, then talk diesel at $5.64, fertilizer that 70% of farmers say they can't afford, the Farm Bill in Senate limbo, Trump–Xi in Beijing, Colorado's wolf budget blowout, and the Hormuz tanker war keeping a premium in your fuel bill. Straight talk, no hedge-fund voice. Markets, policy, war — all tied back to your fuel bill, feed bill, and cattle check. Learn more about your ad choices. Visit megaphone.fm/adchoices

The White House halts plans to issue executive orders impacting the beef industry, and the new WASDE report predicts the smallest wheat crop in more than half a century. See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links —Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.

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.

NEW FARMCON PODCAST… Kevin Van Trump and Todd Loechler start out by breaking down the latest WASDE numbers and what they mean for you. They also dive into current crop conditions, planting progress, wheat ratings, and the potential impact of Trump/Xi talks plus standalone E15 legislation. Kevin shares his thoughts on why markets are hitting records amid high oil prices, sticky inflation, and geopolitical uncertainty. The two also discuss the AI “railroad” moment in agriculture, and what ag retailers, co-ops, and family operations should be building or preparing for right now. In addition, Kevin shares his early mistakes in his investing career. Straight talk, current data, and real strategic perspective. Don’t miss this one.

Wheat Wow! goes the WASDE for wheat USDA gives bullish outlook Another wow! Hard red winter wheat production down 36% YOY 2026/27 ending stocks projected down sharply Corn & soy complex 2025/26 changes relatively nominal Corn stocks to tighten in 2026/27 New crop soybean and soybean oil balance sheets show more of the same (in some regards) Sugar 2025/26 ending stocks up on higher imports 2026/27 sugar production forecast to fall, with beet down how much? U.S. sugar beet plantings slow, but improving in the last week Our next webinar: Wheat Market Update Wed., May 20, 2026 at 2pm ET / 11am PT Clients, invites are going out now, or anyone can sign up now at mckeany-flavell.com Host: Michael Caughlan, President & CEO Expert: Eric Thornton, Vice President Expert: Nicole Thomas, Vice President – Information Services Expert: Kevin Combs, Vice President – Global Sweeteners Specialist

On Tuesday, USDA released the latest World Agricultural Supply and Demand Estimates for the month of May and it featured a few suprises and changes of note to the U.S. and World balance sheets. Arlan Suderman, Chief Commodities Economist at StoneX joins us for a recap and report day analysis.

We're digesting the May World Agricultural Supply and Demand Estimates (WASDE) report with Jamey Kohake from Paragon Investments and Don Roose of US Commodities. We'll talk agronomy with Gentry Sorenson in northern Iowa. And Iowa Farm Bureau Federation Economics and Research Manager Christopher Pudenz provides the details of the upcoming 2026 Economic Summit, with a deadline approaching to save on registration!

Matt McKinley, coming at you out of Yerington, Nevada — Monday, May 11, 2026, post-close edition of the Friggin' Farm & Ranch Report. Split-personality tape today: grains ripped ahead of tomorrow's noon-Eastern WASDE, cattle got hammered on Trump-admin tariff-suspension headlines, and diesel is sitting 15 cents from an all-time national record. Engine's calling it WATCH at 51% medium confidence — market at an inflection point, wait for confirmation before acting. ON THE TAPE • Corn $4.74¼ (+21¾¢, +4.80%) · Beans $12.11 (+32¢, +2.71%) · KC Wheat $6.87¼ (+11½¢) • June Live Cattle $249.65 (-$3.83, -1.51%) · Aug Feeders $362.45 (-$9.95, -2.67%) • EIA On-Highway Diesel $5.64 (+29¢/wk) · AAA Diesel $5.636 · AAA Regular $4.520 (highest since June '22) • Choice/Select INVERTED AGAIN — Choice $391.22, Select $391.49 (Select OVER Choice = demand is real) • WTI $98.25 (+3.33%) · Silver +13.01% · Copper +5.79% · DAP $682/T · Urea $549/T SALE BARN PULSE OKC West 787-lb $368.93 (10,138 head) · Clovis NM 600-lb $654.25 · Producers San Angelo 614-lb $476.89 · Torrington WY 1,313-lb $212.52 (probably cull stock off the Nebraska fires) · Billings MT 1,031-lb $365.73 · Producers Salina UT — light cattle firing, heavies softening across the board DEEP DIVE — Two Beef Magazine pieces dissected and named for what they are: Neville Speer's "Packers, Politics and Theater" (pro-packer/pro-market-flexibility bias acknowledged on air) and Dennis Smith's "When will the bull market end?" (drought + 60-year-old average cow-calf operator + high rates + screwworm) — Box beef inversion is BACK — Select trading OVER Choice tells you demand is very, very real — Screwworm inching toward Texas, Mexican border closed two years running. Bill Bullard's happy; South Texas and California grass guys are not — Feedyard margins squeeze: ration cost climbing as live takes a $3.83 haircut, diesel +29¢ on the freight side UNDERREPORTED — STORIES YOU OUGHTA HEAR — USDA missed the 2025 corn crop by 4.5 MILLION acres (bigger than Delaware). Former chief economist Seth Meyer: "It's a miss. No other word to call it." — 70% of US farmers say they can't afford this year's input costs (American Farm Bureau survey, April) — California's 2014 Sustainable Groundwater Management Act is finally biting Madera County — canary for every Western water basin including Nevada and the Ogallala FENCE POST POLITICS H.R. 7567 — the 2026 Farm, Food, and National Security Act · Missouri AG Catherine Hanaway vs. Prop 12 fallout · USDA's One Farmer, One File modernization · Tariff suspension on beef-exporting nations ON THIS DAY — MAY 11 1837: One of the first U.S. agricultural patents issued + John Deere starts manufacturing plows 1858: Minnesota admitted as the 32nd state 1862: Homestead Act moving through Congress (160 acres for 5 years of farming) 1935: FDR creates the Rural Electrification Administration SPORTS NBA conference semis underway · Avalanche 5-2 over Minnesota, lead the series 3-1 · D-backs over Rangers 1-0, Eovaldi shoved but took the L · Aces-Padres in San Diego next week THREE TAKEAWAYS 1. Watch tomorrow's WASDE at noon Eastern — grains ran today on positioning, the report decides if it holds 2. Cattle tone is defensive, not broken — don't chase the down move on quality replacements you actually need 3. Diesel is the silent killer — 15¢ from an all-time record, 29¢ in a week. If you haven't locked fall fuel, call your jobber SUBSCRIBE: burningdaylight.substack.com Paid subs get discounted access to the Burnin' Daylight Report dashboard AND A Man About A Horse equine intelligence app. If you're in the horse business — cowboy flipping on the side, breeder, trainer, whoever — hit me up. Helping hone the See A Man About A Horse pricing feature. FOLLOW on Facebook · Instagram · YouTube · Twitter/X · TikTok · Rumble Don't let your butt crack. Stay safe out there and move your ass — we're burnin' daylight. Learn more about your ad choices. Visit megaphone.fm/adchoices

Susan Stroud, No Bull Ag, takes a look at the markets in the wake of wheat headlines and a WASDE report.Scott Jensen, Lead Financial Planning Consultant on Country Financial's advanced markets team, talks about what there is to learn from an inflation report.

Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links —Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.

Along with an updated crop progress report this week, the USDA will also release a fresh WASDE report. The trade meeting between President Trump and President Xi of China is scheduled for later this week, with soybean traders hoping to see a deal including beans. Cattle trade slipped today after President Trump announced a reduction in tariffs on beef imports. Austin Schroeder with Brugler Marketing and Management recaps today's trade.

Vince Boddicker says grains rally on risk on buying tied to the war, weather, WASDE and the China summit. Cattle fall on the presidential order to increase beef imports. See omnystudio.com/listener for privacy information.

This week's Friday Free-for-all features Jim Wiesemeyer of Wiesemeyer's Perspectives podcast and Shaun Haney of RealAg radio. Topics include E15 in Congress, post-IEEPA tariffs were ruled illegal, AgriStats settlement, upcoming US and China meeting, kltest on the war and the Strait of Hormuz, WASDE next week – the first official look at the 2026-27 marketing year.See omnystudio.com/listener for privacy information.

War premium returned today as trade lost hope of an Iranian peace deal this week. Strength in soybeans came as optimism about the upcoming meeting with China remains high. Wheat futures followed stronger crude ahead of next week's updated WASDE report. Darren Frye with waterstreet consulting recaps today's trade.

Board took a breather, cash is still doing the heavy lifting, and the sale barns plus the video boys are telling you this feeder and replacement market is not done yet. This is your Monday reset for May 4, 2026. We start with the scoreboard: fats at 251.95, feeders at 366.98, corn at 4.85½, beans at 12.22¼, and wheat just under 6.96. On feed sits at 11.55 million head with February placements at 1.61 million (104% of last year) and marketings at 93%, all against a total herd of 86.2 million – lowest since 1951. From there we walk through cash, cutout, and packer pain – 5‑area cash still in record territory, late trade around 256 live and 405 dressed, Choice in the upper 380s, Select barely under it, and packer margins deep red at roughly –$231/head. Somebody's math is going to break first. Sale barn pulse covers big Friday and Saturday runs plus the videos: Plains and Lake Cumberland yearlings $6–$12 higher, cows and bulls firmer, 235‑lb calves bringing $700/cwt, and older pairs still trading close to five grand a pair. Then we zoom out to Thursday's Superior Hudson Oaks sale – roughly 24,700 head with most of the feeders over 600 lb and USDA calling feeder steers $10–$20 higher and steer calves up to $25 higher versus the Gulf Coast Classic – and Friday's Western Video out of Paso with five‑weights at $560, 570‑lb heifers over $500, nine‑weights in the mid‑$300s, and front‑end heifer pairs from $5,575 to $6,200. Inputs and drought get their due: diesel at $5.351, DAP at $682, urea at $549, potash at $398, prime 7.75%, feeder money 8.25%, and nearly half the Southern Plains in severe‑to‑extreme drought while the Corn Belt is basically fine. You're feeding high‑dollar cattle on high‑dollar fuel, high‑dollar fertilizer, and high‑dollar interest. Then we roll through the war reel and policy – why Ukraine, the Middle East, and shipping lanes keep a floor under energy and freight, why Tyson's outlook and losses don't line up clean with a 75‑year‑low herd, and why USDA's shrinking survey response means every WASDE and planting report has more noise and more room to whipsaw the board. We close with Golden Tempo's 23‑1, last‑to‑first Kentucky Derby win for trainer Cherie DeVaux – the first woman to win the Derby – and tie that back to the kind of horse, and the kind of cattle, that will still be traveling when everyone else quits. It's not a get‑rich market. It's a don't‑screw‑up market. Learn more about your ad choices. Visit megaphone.fm/adchoices

The April WASDE dropped Thursday, April 9th, representing the third big update from USDA in two weeks following the Prospective Planting and U.S. Grain Stocks reports.Though expectations from analysts were relatively low, wider uncertainty in the markets related to the ongoing US-Iran conflict and the blockage of the Strait of Hormuz have left farmers hungry for any clarity on what might be in store for markets in the coming months.To help us dig into all three of these reports, we're joined today by DTN Lead Analyst Rhett Montgomery. He'll offer insight on the latest news, and then take us beat-by-beat through USDA updates to the balance sheets for the major grains, highlighting the biggest changes along the way.Then, we'll hear updates on the Latin American crop, the current corn trade picture, and hear Rhett's thoughts on the world wheat market and what that might mean for U.S. growers as 2026 continues.Finally, we'll talk about the Prospective Planting report, understanding how last year's crop is influencing this year's acres, and thinking about how planting plans might still adjust as concerns about war-disrupted fertilizer continue to crystallize. Plus, we'll hear what Rhett will be watching most closely in the common weeks, from Trump's trip to Beijing to energy markets. 

State Senator Scott Webster from Scott County gives us an update on legislation in the statehouse addressing "Right to Repair". Iowa State Extension agronomist Logan McCrea tells us what he sees approaching planting in Southeast Iowa. Duane has a report on last week's WASDE, and we dive into the market impact with Jamey Kohake!

Mike and Pat discuss the Straight of Hormuz, Corn / Soy ratio, and WASDE takeaways. 

The USDA increased the average price expected for some commodities in today's WASDE report. Carryover estimates for corn and soybeans were left unchanged while wheat stocks grew slightly. Soybean domestic crush offset an expected drop of export sales. The EPA today proposed weakened rules governing the safe disposal of ash produced by burning coal. 

Lindsey Sabatka, Grain Merchandiser at CVA, steps in for Luke on this month's Grain Exchange, joined by CVA Grain Specialist, Miles Eggleston. Together, they break down the April WASDE report—what's happening and what it means right now. Tune in for fresh insights and key takeaways you won't want to miss.

Sugar Higher sugar imports leads to offsetting higher deliveries Stocks-to use ratio left unchanged Wheat U.S. and wheat global stocks rise, leading to a neutral to bearish April WASDE Expect more changes in the May WASDE to food and export demand, and new-crop 2026/27 first looks Corn & soy complex U.S. corn balance sheet unchanged, global ending stocks improve Soybean supplies remain adequate in the U.S., ample globally More food use of soybean oil? What will be the real stocks level for U.S. soybean oil? Our next webinar: U.S. Economy Update Webinar Wed., April 22, 2026 at 2pm ET / 11am PT Clients, invites are going out now, or anyone can sign up now at mckeany-flavell.com Host: Michael Caughlan, President & CEO Expert: Nicole Thomas, Vice President – Information Services Expert: Eric Thornton, Vice President Expert: Kevin Combs, Vice President – Global Sweeteners Specialist

USDA left U.S. corn and soybean ending stocks unchanged from March while raising U.S. and World wheat ending stocks. Overall, not many surprises in the April WASDE Report. We get a recap from Arlan Suderman, Chief Commodities Economist at StoneX, in our Market Talk Midday Commentary.

Today's show recaps the USDA's latest WASDE report, how farmers are navigating high inputs during planting season, legislation in the Minnesota Legislature that would provide aid to dairy farmers, Luke Lindberg's recent nomination to lead the World Food Program, and more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Iowa Secretary of Ag Mike Naig is with us to discuss the Iowa Farm Act. ISU Professor Ratul Chowdhury gives a look into their research for a Porcine Reproductive and Respiratory Syndrome (PRRS) vaccine. Gentry Sorenson is with us for an agronomy update from Northwest Iowa. And we dive into the WASDE numbers with Naomi Blohm.

Grains came under pressure early on as a ceasefire was declared in Iran and crude oil prices fell sharply. Thursday's WASDE report will likely be less dramatic in light of recent events. Beef demand continues to drive the market. Mike Castle with Stone X Financial recaps today's trade.

The March WASDE dropped Tuesday, March 10th, though its arrival was in part overshadowed by market concerns about an evolving conflict in the Middle East which has snarled energy and fertilizer supply chains that pass through the Strait of Hormuz. As farmers, market analysts, and the USDA itself struggle to parse what the latest outbreak of fighting might mean for planting decisions and global supplies, the crop in Latin America is already being brought in. As we work to parse this torrent of information, we're joined once again by DTN Lead Markets Analyst Rhett Montgomery, who takes us beat-by-beat through the latest numbers and helps us keep market fundamentals in perspective even as many traders seem to ignore them. He guides us through the pressures that are weighing on prices today, including the basis for all three major grains, and what news he's on the lookout for right now.Then, he walks us down the balance sheets, noting USDA updates, especially on the world balance sheets, that might point to shifting conditions that could weigh on farmer decisions later this season. Finally, we'll hear what Rhett thinks will be driving the news in the days to come, from a planned trip for President Trump to China to weather conditions south of the border. 

Kansas Market, Corn and Grain Sorghum Wheat, Soybeans and Market Factors Hot and Cold Kansas Temperatures   00:01:05 – Kansas Market, Corn and Grain Sorghum: Daniel O'Brien, K-State grain economist, and Guy Allen, the senior economist at the IGP Institute, begin today's show as they chat about futures, cash and what they saw in the WASDE report for corn and grain sorghum.   00:12:05 – Wheat, Soybeans and Market Factors: In the second segment, Daniel and Guy continue their discussion with wheat, soybeans and what other factors are impacting the market internationally and domestically. Daniel on AgManager.info   00:23:05 – Hot and Cold Kansas Temperatures: K-State meteorologist Chip Redmond wraps up the show as he highlights the rollercoaster of Kansas temperatures and precipitation and if it will continue.        Send comments, questions or requests for copies of past programs to ksrenews@ksu.edu.   Agriculture Today is a daily program featuring Kansas State University agricultural specialists and other experts examining ag issues facing Kansas and the nation. It is hosted by Shelby Varner and distributed to radio stations throughout Kansas and as a daily podcast.   K‑State Extension is a short name for the Kansas State University Cooperative Extension Service, a program designed to generate and distribute useful knowledge for the well‑being of Kansans. Supported by county, state, federal and private funds, the program has county Extension offices statewide. Its headquarters is on the K‑State campus in Manhattan. For more information, visit Extension.ksu.edu. K-State Extension is an equal opportunity provider and employer.

The United States Department of Agriculture's March WASDE report offered little new information to drive grain markets, leaving traders focused more on outside influences such as energy markets and geopolitics. USDA estimates for major crops were largely unchanged from the previous month, resulting in muted market reactions. For wheat, the USDA maintained its U.S. production,... Read More

Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links —Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.

WASDE report review by Chip and guest market analyst Bill Lapp of Advanced Economic Solutions plus price action perspective from Brian Splitt of AgMarket.net.See omnystudio.com/listener for privacy information.

Cattle futures finished higher while grains finished mixed. Crude oil continues to lead market moves. J.J. Lauby of AgriManagement Systems recaps the trade. Topics: - Impressive commodity closes today - Crude oil still the leader - WASDE yielded very few changes - Livestock regain some value - Keys to risk management in volatility

Welcome to this Tuesday edition of RealAg Radio, brought to you by Nutrien eKonomics! On today’s show, your host Shaun Haney is joined by Jim McCormick of AgMarket.Net to break down this edition of the WASDE report and Amy Crozier of Nutrien eKonomics for a spotlight interview! Also on today’s show, Haney discusses your audience... Read More

Corn & soy complex U.S. soy and corn balance sheets relatively unchanged Interesting changes to U.S. soybean oil consumption Wheat No changes in U.S. balance sheet Should USDA have increased exports? Attention shifting to new crop 2026/27 with 2025/26 set in stone Sugar Florida cane production lowered from early February freeze High-tier imports increased Our next webinar is fast approaching! Seasonal Market Outlook Webinar: Navigating the Opportunities & Risks Ahead Wed., March 25, 2026 at 2pm ET / 11am PT Clients, be on the lookout for your invite next week, or anyone can sign up now at mckeany-flavell.com Host: Michael Caughlan, President & CEO Expert: Nicole Thomas, Vice President – Information Services Expert: Eric Thornton, Vice President Expert: Kevin Combs, Vice President – Global Sweeteners Specialist  

Welcome to this Tuesday edition of RealAg Radio, brought to you by Nutrien eKonomics! On today’s show, your host Shaun Haney is joined by Jim McCormick of AgMarket.Net to break down this edition of the WASDE report and Amy Crozier of Nutrien eKonomics for a spotlight interview! Also on today’s show, Haney discusses your audience... Read More

Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links —Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.

The Ag Coalition for the U.S., Mexico, Canada Trade Agreement shared new study results of the benefits of the 2020 trade deal including half a million jobs and  $149 billion dollars in total economic output. Today's USDA's WASDE report held few surprises for traders to consider.

Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links —Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.

Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links —Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.