Market Talk

Weather is top of mind for the markets on Monday with flooding concerns in the NW Corn Belt, heat and humidity in many areas and weather issues being reported in China. Also, Friday's Cattle on Feed Report was a bit bearish. We talk about all of that and more with Arlan Suderman, Chief Commodities Economist at StoneX in our Midday Commentary.

Wheat sank lower once again on Friday while corn finished on the lows of the day. Soybeans and meal meantime did find some support to round out the week. We talk July options expiration, walk through various charts and more with Tommy Grisafi from Advance Trading Inc. and ATI Pro Media on today's show. Watch their YouTube channel each weekday morning at 9am CST for more market content: https://youtube.com/playlist?list=PLwCNbhcAodHML3Mu_1pYsr7zeEnXaIroi&si=ja97wg1vvl1GecwV

Also, we sit down with CoBank Lead Economist for Grains and Oilseeds, Tanner Ehmke, to talk about his new report looking at the wheat markets and the Russian crop in particular. You can view that report online via CoBank's Knowledge Exchange here: https://www.cobank.com/knowledge-exchange/grain-and-farm-supply/russias-smaller-wheat-harvest-expected-to-drive-market-volatility

In Segment One, we also hear from Ryan Moe of StoneX as he shared some market thoughts with us for our Friday Midday Commentary. And we wrap the show with news headlines in Segment Four today.

We saw pressure across the grain markets on Thursday as weather played a role again and the trend was to the downside. Livestock had a mixed to lower tone as well on the day as cattle prep for the next Cattle on Feed report out Friday. Bryan Doherty with Total Farm Marketing joins us to provide analysis and market perspectives. More at https://www.totalfarmmarketing.com.

Also on today's show, United Soybean Board director and Indiana farmer Don Wyss joins us to discuss weather impacts on soybeans and what the Soybean Checkoff is doing on the research front to help soybean growers through evolving weather conditions from year to year. Learn more online at https://www.unitedsoybean.org.

We see mostly lower action in the markets today with weather once again acting as the main driver. Ryan Moe from StoneX joins us to share some thoughts in our Midday Commentary.

We found some green on the screen in corn, soybeans, soybean meal and soybean oil on Tuesday's session ahead of the federal Juneteenth holiday and market holiday on Wednesday. Meantime, wheat was down for the 13th of the last 15 sessions and livestock were mixed as well.

Tyler Schau from AgMarket.net joins us to discuss the row crop action, growing conditions, chart action and we pose the question to him of whether or not the age of the average cattle producer could prohibit a drastic herd rebuild like many are calling for. Learn more at https://www.agmarket.net.

We also hear comments in Segment One from Mike Castle of StoneX discussing market action on Tuesday in grains and the macro markets. More at https://www.stonex.com.

It was a day full of selling pressure in soybeans, wheat, soybean meal and corn on Monday as traders were seemingly take money off the table to start the week. What was with the downward pressure in grains and what should we be doing to manage our risk? Ted Seifried with Zaner Ag Hedge joins us to discuss. Learn more at https://www.zaner.com.

We have a stalled front from Nebraska to Wisconsin that is largely acting as a dividing line this week with heavy rain and storms in the Northwest Corn Belt, Northern Plains and Upper Midwest while we have heat, humidity and more to the south and east. We discuss the current weather pattern and get thoughts from Eric Snodgrass with Nutrien Ag Solutions. Learn more online by visiting https://www.ag-wx.com.

Grains are mostly under pressure to start the week as weather is a big focus of the trade. We discuss grains, macro markets and fertilizer markets with Mike Castle from StoneX in our Midday Commentary for Monday, June 17th.

On Friday, we saw a fairly quiet grain market heading into the weekend with weather forecast seemingly becoming the big focus of traders. We discuss weather volatility, demand outlooks, outside market news, livestock trade and more as we recap the week in the marketplace with Craig Turner from StoneX. More at https://www.stonex.com.

Also on today's show, each quarter Rabobank analysts take a look at global beef markets and provide an updated outlook on prices, production and much more. We take a look at the latest report for Q2 with Lance Zimmerman, Senior Analyst-Animal Protein at Rabobank and talk about the current state of the the beef industry in the U.S. and globally.

You can also read the latest report here: https://research.rabobank.com/far/en/sectors/animal-protein/beef-quarterly-q2-2024.html

Plus, it's no secret that interest rates are impacting our every day life both on and off the farm. We discuss some of the current impact and how FBN Finance is helping farmers and ranchers navigate this current high rate environment. Dan English, GM of FBN Finance joins us on the show for more. Find them online as well at https://www.fbn.com.

"Guess who's back, back again?" If you know that famous Eminem song then you might be singing it as we saw China back in the U.S. soybean market again on Thursday. Are they back for good or just a short stay? Plus, are we entering a volatile summer weather market in grains? We discuss all of that and more today with Bryan Doherty from Total Farm Marketing. Find more about them online at https://www.totalfarmmarketing.com.

Also, Jenna Seltzer, Swine Nutritional Health Consultant for Elanco Animal Health joins the show to talk about their new partnership with PURETEIN® Bioscience LLC as its exclusive distributor of its celluTEIN® bioactive livestock protein feed supplement for swine in the United States. Find more online at https://www.elanco.com.

Grains are finding some support at midday on Thursday while the livestock trade is a mixed bag. We discuss all of that and the outside markets with the PPI data out this morning. Arlan Suderman, Chief Commodities Economist at StoneX, joins us for our Midday Commentary.