Market Talk

Markets were a rollercoaster on Friday with grains mostly firm to higher, livestock and the stock market under heavy pressure, gold all over the place, crude oil and the U.S. dollar higher and much more. We wrap the week in the trade and discuss the markets, the debate over USDA and CONAB estimates and more with Kent Beadle from Paradigm Futures. Learn more by visiting them online at https://www.paradigmfutures.net.

Also, we discuss spring planting and get some tips and reminders as farmers start to enter the fields across a wide area of the country. DEKALB Asgrow Technical Agronomist Lance Tarochione in Illinois joins the show for a conversation.

Grains are mostly higher on Friday while outside markets continue to show strength in the U.S. dollar, gold, cocoa, coffee and crude oil while there's pressure in the stock market. We discuss with Ryan Moe from StoneX.

The April WASDE Report from USDA was out on Thursday and it seemed largely uneventful as there were not many talking points. The biggest was probably the lack of USDA cuts to South American crop numbers despite other agencies making large cuts. We discuss the report and talk about managing risk with Bryan Doherty, Senior Market Advisor at Total Farm Marketing. Learn more at https://www.totalfarmmarketing.com.

Plus, we discuss a new CoBank report that examines the risks and potential of overbuild in the soybean crush arena as we continue to see rapid expansion and growth in that segment of agriculture. Tanner Ehmke, Lead Grains and Oilseeds Economist at CoBank, joins us to discuss the report. Learn more online by visiting: https://rb.gy/lyc2z5

A fairly uneventful April WASDE report out on Thursday from USDA. We discuss the numbers and a few things of note with Arlan Suderman, Chief Commodities Economist at StoneX.

KC wheat found some great strength on Wednesday while new consumer price index data, hotter than expected, weighed heavily on outside markets. That in turn, weighed on livestock trade and the rest of the grain complex. We discuss all of that and more on the show with Mike Zuzolo from Global Commodity Analytics. More at https://www.globalcommresearch.com.

Also, we discuss soybean cyst nematode (SCN) pressures and some tips for farmers to keep in mind as we start spring planting. Troy Bauer, BASF Senior Field Technical Representative, Seed Treatments, joins the show to discuss SCN and their new website https://SCNFields.com that has more information for farmers to manage SCN in their fields.

Cattle futures found solid follow through support on Tuesday as the markets are recovering from last week's selloff. Meantime, grain trade was quietly lower on the day with little in the way of fresh news. We discuss risk management ideas for both grains and livestock with Tyler Schau from AgMarket.net on today's show. Learn more online by visiting them at https://www.agmarket.net.

Grains are mostly mixed to weaker in quiet action on Tuesday while we also get an update on the fertilizer markets again today with Mike Castle from StoneX.

Markets largely were quiet on the day Monday as we saw plenty of two-sided trade in grains with KC and Minneapolis wheat the upside leaders and pressure in bean oil. Cattle futures saw a nice rebound with strength in boxed beef prices on Monday. We discuss the market action to start the week with John Heinberg from Total Farm Marketing. Learn more online at https://www.totalfarmmarketing.com.

Eric Snodgrass with Nutrien Ag Solutions also joins the show to give us a rundown of the weather outlook for the week ahead. Will we still see some good windows for spring planting across the Corn Belt? How do the new long range models look for summer? And oh yeah......there's a solar eclipse happening today. More details at https://www.ag-wx.com.

Markets largely were quiet on the day Monday as we saw plenty of two-sided trade in grains with KC and Minneapolis wheat the upside leaders and pressure in bean oil. Cattle futures saw a nice rebound with strength in boxed beef prices on Monday. We discuss the market action to start the week with John Heinberg from Total Farm Marketing. Learn more online at https://www.totalfarmmarketing.com.

Eric Snodgrass with Nutrien Ag Solutions also joins the show to give us a rundown of the weather outlook for the week ahead. Will we still see some good windows for spring planting across the Corn Belt? How do the new long range models look for summer? And oh yeah......there's a solar eclipse happening today. More details at https://www.ag-wx.com.

Cattle collapsed AGAIN on Friday while gold soared higher. Wheat had a decent rally on the day while corn and soybeans saw mostly mixed trade. Tommy Grisafi with Advance Trading and ATI Pro Media joins the show to give us his perspective on everything happening in the markets to start the month of April. Learn more online at https://www.advance-trading.com.

Also, we listen back to a conversation Jesse had with Dennis Smith of Archer Financial Services on the Wednesday, April 3rd, 2024 episode of Agriculture of America (AOA) about the volatility in the livestock trade this week. They discuss cattle/bird fly, the strength in the hog market and much more.