Market Talk

The long awaited Renewable Fuel Standard (RFS) "Set 2" final rule has been announced by the EPA, yet the corn and soybean markets ended up selling off into the close on Friday. Most of the industry has been happy with the RVO news, so what happened to the markets to end the week? We unpack all of the headlines on today's show with Brian Grete, Sr. Grain and Livestock Analyst for Commstock Investments. Find more online at https://www.commstock.com.

Also, the cattle market tore higher on Friday with hogs following suit. Was there any noteworthy news to drive the trade or was it just money flow and fundamentals at play? We try to make sense of the activity and look at the livestock complex to close the week with Scott Varilek from Kooima Kooima Varilek out of Sioux Center, IA on today's show as well. Find more at https://www.kkvtrading.com.

Arlan Suderman with StoneX joined Jesse Allen to discuss the Friday market action at midday. NOTE: they did talk ahead of the release of the RVO/RFS details from EPA.

Susan Littlefield sits in for Jesse Allen on Thursday's Market Talk and has conversations with Sam Hudson from Cornbelt Marketing, John Heinberg from Total Farm Marketing and an episode of Cattle Chatter with Joe Kooima from KKV Trading.

Crude oil, biofuels policy and weather are the key drivers of the market trade at midweek. Mike Zuzolo with Global Commodity Analytics joins us to unpack the headlines and try to put the puzzle together for the grain complex. We also touch on the livestock trade and some key trends to watch there. Find more at https://www.globalcommresearch.com.

Also, we have a conversation about BASF launching Circalo™: Low Carbon Intensity Crops, a comprehensive, unified platform designed to connect farmers, agronomists and ethanol producers with the tools needed to help operationalize agricultural carbon intensity under evolving regulatory frameworks, including the Clean Fuel Production Credit, Section 45Z. Chad Asmus, Sustainability Market Development Manager for BASF Agricultural Solutions, joins us for a conversation in Segment Four.

Rumors of an EPA announcement of a summertime waiver for E15 are being traded in the markets at midweek, along with hopes for RVO details to come soon and weather starting to work back into the conversation. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss in our Midday Commentary.

Another day of headline risk at play in the markets on Tuesday with the Iran war and RVO rumors playing into the trade action. Jacob Burks with AgMarket.net joins us to discuss the rumors in the trade, a look ahead to next week's USDA acreage report and much more. Find more online at https://www.agmarket.net.

Also in Segment Four, we share a conversation from Monday afternoon at the National Grain and Feed Association convention with Matthew Connelly from Hedgepoint Global Markets about the overall volatility in the marketplace.

Markets are mixed on Tuesday as we see more headline volatility at play. Arlan Suderman with StoneX joins us to discuss the latest headlines and the added volatility to the markets.

Monday was another day of headline news risk and volatility in the markets. We catch up on the latest market moves in grains, livestock, energies and the stock market as we start the week with John Heinberg from Total Farm Marketing. Learn more online by visiting https://www.totalfarmmarketing.com.

We are seeing a rollercoaster of weather with record heat over the weekend, coming off a recent blizzard. What does the temperature and precipitation outlook show us for the next few weeks ahead? Will we see some drought relief in the plains? And what's this "Godzilla El Niño" talk on social media? Eric Snodgrass with Nutrien Ag Solutions joins us to discuss on our Weekly Weather Update. Find more at https://www.ag-wx.com.

We also get the show started talking seed treatments with Troy Bauer from BASF and close things in Segment Four with Susan Littlefield and Jim McCormick from AgMarket.net talking markets after Monday's session.

We see more volatility in the markets tied to headline news risk from the Middle East. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to run through what's happening to start the week in our Midday Commentary. We also touch on more RVO rumors and some positivity in the livestock complex.

As war continues to rage on in the Middle East, we have seen attacks on key energy infrastructure this week that could take years to rebuild. What does that mean for the longer term impacts on fertilizer pricing and supply? Mike Castle with StoneX joins us to share perspective on what's happening with fertilizer and the longer term farmer impacts we could see ahead.

It was also a "Steady Eddie" kind of week in the cattle complex as we wrapped up trade on Friday. Amid the on-going volatility we saw firm cash and futures that worked back and forth throughout. Joe Kooima with Kooima Kooima Varilek joins us to wrap up the week in the market trade, thoughts on cattle and a quiet hog market plus a look at the pressure to end the week in the grain markets.

And we close the show with a recap of the latest Cattle on Feed report that just came out with Kyle Bumsted from Allendale and Jesse has a look at the closing markets to end the week in Segment Four of the show.