Market Talk

Mostly lower action being seen across commodities, livestock and stocks on Tuesday. We discuss the "risk-off" type of trade we are getting and get market perspectives from Arlan Suderman with StoneX for our Midday Commentary.

Kelly Garrett is a 6th generation farmer who runs a 7,000 acre no-tillage operation growing corn, soybeans and winter wheat in western Iowa (Arion) with his sons. His focus on soil health, yield stability and innovation has led to multiple honors from the National Corn Growers Association, including top yield honors in no-till irrigated. In 2020, Kelly became the first farmer in the nation to sell carbon credits and has been participating in Truterra's carbon program for 3 years.

Jesse Allen talks with Kelly to learn more about his story, his relationship with Truterra and more during the 2024 Commodity Classic. Find more details on Truterra as well at https://www.truterraag.com.

On Monday, we saw the grain markets start the week with some positivity as most contracts traded in the green with KC Wheat futures leading the way. Meantime, livestock trade took a more cautious and lower tone to start the week as we consolidated at the top of the recent range. We discuss market action with John Heinberg from Total Farm Marketing. Learn more online at https://www.totalfarmmarketing.com.

We also get a March outlook on weather and discuss how the warmer temps have led to warm soils and the potential to get some decent subsoil moisture in the ground from any upcoming storm systems. We talk with Eric Snodgrass from Nutrien Ag Solutions for our weekly weather update. More online at https://www.ag-wx.com.

Grain and oilseed markets are finding some decent money flow and green on the screen as we start the week. It's the opposite in livestock trade while we are also watching energy markets and the jobs market this week. We discuss with Arlan Suderman, Chief Commodities Economist at StoneX in our Midday Commentary.

On today's show, we discuss the potential for sustainable aviation fuel and corn as a feedstock for SAF with the National Corn Growers Association. We discuss with Sarah McKay and Krista Swanson from NCGA during Commodity Classic in Houston, TX.

Also, we are joined for market analysis and commentary with Ted Seifried from Zaner Ag Hedge during Segment Three of Friday's program in Houston.

During the 2024 Commodity Classic in Houston, TX, we sat down for a roundtable discussion about trade and collaboration between multiple agriculture industry partners including the National Corn Growers Association, US Grains Council, USA Poultry and Egg Export Council and US Meat Export Federation.

Joining Market Talk host Jesse Allen for the discussion on our panel:

Chad Epler- Vice Chairman of NCGA's Market Development Action Team; Mary Alice Cain- Director of Member Relations for USAPEEC; Ellen Zimmerman- Director of Industry Relations for USGC; Dean Meyer- Immediate Past Chair for USMEF

Also, we saw another day higher in the corn market on Thursday, but many of these markets still feel like they are in the dumps. We get great perspective and thoughts from someone with trading experience. Tommy Grisafi with Advance Trading Inc. and ATI Pro Media joins us as we broadcast live from Commodity Classic with the National Corn Growers Association.

We saw row crops find a little more strength on the day Wednesday while profit takers seemed to hit the wheat and cattle markets. How long can we sustain a rally in grains? Have we already run out of steam? We discuss market dynamics and get analysis from Mike Zuzolo from Global Commodity Analytics. Learn more online by visiting hit website at https://www.globalcommresearch.com.

Also, while at Commodity Classic, we caught up with the newly elected chair of the U.S. Soybean Export Council Lance Rezac. We discuss new markets for U.S. soybeans, China, Brazil and more during our conversation.

Corn and soybeans couldn't fully hold the rally and follow through on Tuesday while wheat continued to trade moderately higher throughout the session. We discuss the markets and get perspective today with Jacob Burks from AgMarket.net on location at Commodity Classic in Houston, TX.

Grains have rallied to start the week but it appears we are losing steam in corn and soybeans as we work through Tuesday's session. We discuss that and look at both outside markets and livestock trade with Arlan Suderman from StoneX.

On Monday, we watched the markets to see if they could find any sort of rally off the current lows. Funds continue to be record or near-record short in many of the grain markets and cattle had to react to a slightly higher than expected Cattle on Feed Report from Friday. Grains did their best to rally on Monday with a mixed day in livestock. We discuss and look at market action with John Heinberg from Total Farm Marketing. Learn more at https://www.totalfarmmarketing.com.

Eric Snodgrass of Nutrien Ag Solutions joins us for our weekly weather update and highlights multiple waves of weather set to move through the U.S. this week and into early March. He talks about the potential for rain, snow, severe weather and large temperature swings in parts of the country with these different weather systems. You can learn more and find the latest weather forecasts at https://www.ag-wx.com.