Blink and you missed it—grain markets finally showed some life last week, only to collapse just as fast. In this episode, Jon Prischman and Ryan Tungseth break down why the brief rally evaporated, what makes this season so unforgiving, and why many growers are still under-hedged despite historically low bean acres. They explore how insurance levels have stayed above market prices, why storing grain isn't the easy answer, and what could finally break the pattern of slow, grinding losses.

Meanwhile, cattle remain the lone bright spot—cash prices keep holding strong, demand hasn't cracked, and optimism is still alive (for now). From feeder spreads to brisket economics, Jon and Ryan cover the contrast between collapsing grains and resilient beef.

"Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line. Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered. We are always looking for topics and questions. Send yours to [email protected]

The June acreage report didn't blow the roof off, but sometimes the quiet numbers matter most. In this episode, Jon Prischman and Ryan Tungseth unpack why big corn acres and cheap feed could set up unexpected moves, how soybeans might still be the sleeper market everyone's ignoring, and why a sliding dollar could shake up demand faster than you think. They tackle the stubborn strength in cattle, the real story behind interest rates and operating costs, and how smart operators are already positioning for 2026 instead of waiting for the crowd to catch up. If you're ready to trade facts over feelings and find the edge in a sideways market, this is your playbook.

"Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line. Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered. We are always looking for topics and questions. Send yours to [email protected]

Markets were primed for a bounce after Middle East tensions flared—but instead, grains got crushed. Corn collapsed, wheat reversed hard, and even soybeans couldn't hold gains after promising biodiesel news. In this week's Hedge Heads, Jon Prischman and Ryan Tungseth break down why commodities keep getting sold, what the funds are thinking, and where the opportunities (and traps) are hiding. They dig into the bearish setups in corn and wheat, why cattle futures might be topping, and why soybeans still deserve a second look. Plus: are strangles worth it ahead of the report, is selling calls even viable, and what's the right move when everything looks wrong?

"Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line. Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered. We are always looking for topics and questions. Send yours to [email protected]

Markets are finally moving, and we're opening up this week's Hedge Heads Insider episode to everyone. Corn's grinding higher, wheat's surging, and crude oil is ripping on risk premiums. Jon and Ryan dive into what's driving it all—and what smart producers should do next. From synthetic puts to cattle price signals, this special preview offers the kind of strategy and analysis we usually reserve for Insiders. Don't miss it.

"Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line. Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered. We are always looking for topics and questions. Send yours to [email protected]

This week's Hedge Heads sounds a little different—literally. With Ryan recording remotely on the road, you'll hear the hum of travel along with a no-holds-barred breakdown of market volatility. Corn continues its relentless slide, while soybeans finally caught a bid on bullish biodiesel demand. Jon and Ryan dig into what's driving the divergence, why cheap options aren't always smart buys, and what to make of wild swings in cattle, crude, and commodities at large. The audio may be bumpier—but the insights are sharp as ever.

"Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line. Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered. We are always looking for topics and questions. Send yours to [email protected]

This week's grain market selloff says it all: sometimes perfect planting weather is the worst-case scenario for prices. Jon Prischman and Ryan Tungseth dig into why strong crop conditions, solid exports, and even a China meeting couldn't lift corn. With volatility low and few good hedging options, they explore what to do (and not do) in this market. They also break down how cattle are surging—with a few warnings—and why silver, platinum, and oats might be flashing opportunity in an otherwise quiet market. If you're feeling stuck, this episode is for you.

"Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line. Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered. We are always looking for topics and questions. Send yours to [email protected]

In this week's episode of Hedge Heads, Jon Prischman and Ryan Tungseth dive into one of the most frustrating spring markets in years. Despite solid export data, geopolitical tension in Russia and Ukraine, and low crop condition ratings, the grain markets—especially corn—remain in a downward spiral. With momentum trading overpowering fundamentals, traders are left asking: What will it take for the market to finally turn? Jon and Ryan explore strategies for participating in a market that seems broken, from short-dated calls to seasonal spread plays. They also dive into non-grain markets like lean hogs, metals, and Bitcoin futures, and why a shift in contract sizing could open new doors for hedgers and speculators alike. If you're waiting for the market to care again—this one's for you.

"Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line. Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered. We are always looking for topics and questions. Send yours to [email protected]

On paper, this market should be rallying. Corn carryout is tight—if yields are perfect. Soybean stocks leave no margin for error. Cattle fundamentals remain strong. But none of it matters right now. This week on Hedge Heads, Jon Prischman and Ryan Tungseth unpack the disconnect between supportive numbers and relentless selling.

Funds are loaded on the short side, volatility is gone, and the market is trading weatherless and fearless. Even a fake screwworm story was enough to break cattle—and it didn't bounce. In grains, cash is stable, but the board is bleeding. Why? Because positioning is driving sentiment, not supply and demand.

"Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line. Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered. We are always looking for topics and questions. Send yours to [email protected]

With 78% of corn and 66% of soybeans already planted, many are wondering: is the seasonal rally already priced in? Jon Prischman and Ryan Tungseth dig into the wet weather, early emergence, and a market that's moving in contradictory ways. They tackle why old crop corn is seeing strong demand and export news—but keeps getting sold, how soybeans could still surprise to the upside, and why cattle prices are nearly untouchable. Plus, they cover hedging tactics using carry, the real risk of shorting this market too soon, and what it would take to finally see a summer rally. Metals, fuel, and interest rates round out a jam-packed episode full of straight talk and strategy. "Hedge Heads" is your go-to podcast for cutting through the noise of the futures markets. We get down to the nitty-gritty of grain and cattle trading, with a side of equities and crude oil talk, all while keeping an eye on the latest news that affects your bottom line. Tune in for straightforward insights and expert opinions to help you make more informed decisions on the farm or ranch. Whether you're looking to hedge your bets or get a leg up on the market trends, we've got you covered. We are always looking for topics and questions. Send yours to [email protected]

Welcome to a special Insider episode of Hedge Heads. Normally reserved for subscribers, we're making this one free so all y'all can hear what you've been missing.

We dig into a market on edge—tight soybean carryover, huge corn exports, wheat under pressure, and a surprise May report that may have just changed the game. Jon and Ryan lay out limited-risk plays, why soybeans demand attention this summer, and how to stay sharp when the market isn't trading fundamentals.