Closing Market Report

Mar 31 | Closing Market Report


Listen Later

- Naomi Blohm, TotalFarmMarketing.com
- WILLAg News Update
- March USDA Hogs & Pigs Report Analysis
- Don Day, DayWeather.com

Program Overview

  • Program Name: Closing Market Report
  • Date of Broadcast: March 31, 2026
  • Host: Todd Gleason from the University of Illinois Extension
  • Network: Illinois Public Media (available online at willag.org)
  • Focus: The show provides comprehensive coverage of agricultural markets, industry news, livestock updates, and weather forecasts tailored for the farming community.

Program Elements

  • Ag Markets Analysis: The core of the episode focuses on the release of the USDA's Prospective Plantings and Grain Stocks reports. Host Todd Gleason details the survey results, noting a 3% decrease in intended corn acres and a 4% increase in intended soybean acres compared to the previous year. Guest Naomi Blohm from totalfarmmarketing.com provides expert analysis, explaining that the reports fell mostly within expectations and failed to trigger any dramatic market shifts, leaving corn and soybean prices relatively range-bound.
  • WILLAg News Update: This segment covers several key agricultural news items:
    • The EPA's release of the final renewable fuel standard volume obligations for 2026 and 2027, which was well-received by major agricultural groups for creating demand for biofuels.
    • The EPA's action to remove problematic sensor requirements for diesel exhaust fluid (DEF) systems, aimed at preventing equipment downtime during spring planting.
    • A report by Mike Davis featuring Blaine Nelson from Farmer Mac, discussing how AI and digital technology are making farm loan underwriting faster, more transparent, and less costly.
  • USDA March Hogs and Pigs Report Analysis: The program reviews the latest livestock data, highlighting a slight year-over-year increase in total hog inventory despite a drop in the breeding herd. University of Missouri agricultural economist Jason Franken provides commentary, noting that producers are relying on increased efficiency (record pigs per litter) to manage supply as they financially recover from 2023 losses.
  • Honoring WWII Flying ACE "Bud" Anderson: A unique segment featuring audio from General Dan Caine, Chairman of the Joint Chiefs of Staff, honoring Colonel Clarence Emil "Bud" Anderson, a highly decorated World War II fighter pilot who recently passed away at age 102. Gleason uses the moment to encourage listeners to support and thank veterans.
  • Ag Weather Forecast: The show concludes with a weather outlook from Don Day of Day Weather. Day forecasts a wet start to April with significant rainfall expected across much of the Corn Belt, heavy spring snows in the northern states, and beneficial moisture for the western U.S., though some areas in the central plains will remain dry.
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Closing Market ReportBy Todd E. Gleason