Market Talk

Mike Zuzolo of Global Commodity Analytics joins Market Talk to break down diesel export ban rumors, surging bond yields, the Trump-Xi summit's impact on grain markets, and record-setting cattle prices. Today's show powered by Brevant Seeds. Learn more online from Mike Zuzolo at https://www.globalcommresearch.com.

We see the grain markets under pressure at midday while cattle are trending higher. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss in our Market Talk Midday Commentary for Wednesday, September 23rd, 2026.

Brian Splitt of AgMarket.Net joins Market Talk for technical analysis to break down corn, soybeans, wheat, cotton and cattle charts as the market braces for a big meeting with China and the quarterly Grain Stocks report. Splitt lays out three separate technical measurements pointing to $6.50 corn, a soybean target near $13.60, an SRW wheat objective around $8.60, and a feeder cattle setup that could carry prices toward $3.60.

We also hear from Arlan Suderman from StoneX in our opening segment with analysis and perspective on Tuesday's trade and look at ag news headlines to close the show.

Grain and livestock markets are mixed to lower in a turnaround Tuesday type of trading session. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss in our Market Talk Midday Commentary for Tuesday, September 22nd, 2026.

On Monday's Market Talk, we start the show with meteorologist Eric Snodgrass of Nutrien Ag Solutions for the weekly weather update, breaking down a sharply divided pattern: heavy rain and stalk/root concerns across the Midwest, record heat and drought in the South, a historically quiet Atlantic hurricane season, and a split planting outlook in South America as a record-strength El Nino reshapes the months ahead.

In Segment Two, cattle futures opened sharply higher to start the week, and Jeff Hoogendoorn with Professional Ag Marketing joins the show to break down whether that move is really about Friday's bullish Cattle on Feed report — or something bigger. Jeff and Jesse dig into a widening split in meat demand: beef holding up better than expected (rib eyes leading the way), while pork shows real cracks in domestic demand. They connect it to the broader "K-shaped economy" playing out in the meat case, then turn to crude oil's pullback, harvest delays across the upper Midwest, and why this week's US-China trade meeting is one of the biggest headline risks for grain markets heading into Thursday.

Then we close the show in Segments Three and Four as John Heinberg with Total Farm Marketing joins the show to unpack why grain and livestock markets came out strong to start the week, and. Corn and soybean spreads are tightening ahead of Thursday's Trump-Xi meeting, and John walks through what a trade deal could actually mean commodity by commodity, plus a "buy the rumor, sell the fact" risk as the week plays out. On the livestock side, cattle jumped on a friendly Cattle on Feed report while hogs stay stuck under cash market pressure, and dairy remains a soft spot with cheese prices at multi-year lows. John also shares specific marketing strategy for producers sitting on old-crop and new-crop bushels heading into harvest.

Grain and livestock markets have found support to the upside through midday Monday. Arlan Suderman with StoneX joins us to discuss in our Market Talk Midday Commentary.

Jesse Allen is spending time at the Agribusiness & Water Council of Arizona Annual Meeting and Water Conference today and he learns about water issues due to drought and more on today's show. In the audio version of the show, he talks policy and gets background from Tim Dunn, Arizona State Senator for District 25, in Segment Two. Then later in Segment Four, he learns about the Roosevelt Irrigation District with Donovan Neese, Superintendent and Taylor Howerter, Assistant Superintendent.

We also talk markets throughout the show as Tommy Grisafi of AgBull Media and Nesvick Trading Group joins Market Talk to unpack the Fed's 25 basis point rate hike, a quiet Friday in the grains ahead of next week's Trump-Xi meeting, and another volatile week in cattle. He also breaks down why elevated energy costs are squeezing farmers, ranchers and consumers alike, and what to watch for in next week's commitment of traders report.

Scott Varilek of Kooima Kooima Varilek in Sioux Center, Iowa joins Market Talk to break down a sloppy week in the cattle complex, a struggling hog market, and Friday pressure in grains and oilseeds. He also covers what the reopening of the Santa Teresa port means for Mexican cattle imports and herd rebuild, the growing role of beef-on-dairy genetics, and why energy prices are weighing on both harvest and the fall run of feeder cattle.

Susan Littlefield sits in for Jesse Allen this afternoon and has market conversations with Shawn Hackett from Hackett Finanical Advisors, a new episode of Cattle Chatter with Brad Kooima from Kooima Kooima Varilek and she talks with Bryan Doherty from Total Farm Marketing.

The Fed just raised rates for the first time in three years, a Saudi supply shock has Brent crude back near 2008 highs, and record rail fuel surcharges are hammering grain basis right as harvest gets underway. Mike Zuzolo of Global Commodity Analytics joins Jesse Allen to unpack all of it, plus what's next for cattle, wheat, and the upcoming Trump-Xi meeting.

We also get Fed reaction to open the show with Susan Littlefield and Arlan Suderman at StoneX in Segment One as they talked immediately following the rate announcement.

Also, Brevant Seeds retail sales agronomist Doug Becher joins Market Talk to talk through the 2026 growing season in southeastern Minnesota and how this year's field conditions, yield data, and disease pressure should shape seed decisions for 2027. Doug covers what farmers experienced this season, why taking notes during harvest matters as much as yield maps later on, the diseases showing up across Minnesota fields (southern rust, bacterial leaf streak, and Goss's wilt), and why locking in seed decisions early gives farmers the best shot at their top hybrid and variety picks for next year.

We talked the Fed, interest rates, energies and commodities in Wednesday's Midday Commentary with Arlan Suderman, Chief Commodities Economist at StoneX.