Market Talk

Wheat extended its rally Thursday while corn cooled slightly after a big August run. Bryan Doherty, Senior Market Advisor at Total Farm Marketing, joins Market Talk to break down what's driving the grain complex, walks through long ratio call and put spread strategies, and shares his read on cattle, hogs, and dairy amid beef import plan uncertainty. Find more online at https://www.totalfarmmarketing.com.

Also on today's show: specialty buying, short covering and some bargain hunting are adding another layer to this week’s cattle trade. But the big surprise came in the cash market, as the North blinked first while the South continues to hold out. On this week’s Cattle Chatter, Brad Kooima with Kooima Kooima Varilek breaks down why it was so unusual to see Northern cattle trade ahead of the Southern market and what that could mean for cattle producers. Brad also looks at plant closures, including Joslin, and how changes in processing capacity can work their way back into the cash cattle market. We also take a look at the border reopening this week, comparing cattle and futures prices from May 11, 2025, with where the market stands this week.

Grain markets cooled the rally a bit on Wednesday while the outside markets are watching this week's Jackson Hole meeting and what the Fed Chair will say tomorrow. Mike Castle, Senior Commodities Economist at StoneX, joins us to discuss in our Midday Commentary.

Wheat exploded to the upside Wednesday, pulling corn and soybeans along for the ride, as reports of escalating tension in the Russia-Ukraine war rattled the grain complex. Mike Zuzolo of Global Commodity Analytics joins Market Talk to break down whether this is shaping up like 2022 again, why algorithmic trading keeps amplifying the volatility, and what a $100 crude oil market would mean for wheat prices. Plus, corn's path to a $6 handle, tightening Ukraine soil moisture, the U.S.-Canada ethanol tariff standoff, and how the fallout from President Trump's beef import plan is hitting cash cattle prices by $250 to $500 a head.

Mike Zuzolo will also be speaking at a market outlook seminar hosted by three area farm bureaus in Colona, Illinois, near the Quad Cities, on September 10. Learn more and find his research at https://globalcommresearch.com.

We saw the corn and soybean markets rally on Tuesday while the cattle complex continued to struggle amid headline news and more. On today's Market Talk, we get analysis and perspective on the grain markets and managing your marketing with Kristi Van Ahn-Kjeseth with Van Ahn & Company in Segment Two.

Later in the show, we take a deep dive into the cattle market struggles and talk charts, sentiment and more with Tyler Schau from AgMarket.net. He also gives us his thoughts on feed costs, energy prices and the recent rallies in the grain complex. We also begin the show with some thoughts from Tuesday's Midday Commentary with Mike Castle at StoneX.

Grain markets are showing some support on Tuesday with corn holding strong an soybeans rallying. Meantime, the cattle market is under more pressure and the outside markets are watching policy moves and more. Mike Castle, Senior Commodities Economist at StoneX, joins us to discuss in our Market Talk Midday Commentary.

Corn closed higher for a fourth straight session on Monday while soybeans were under pressure. Meantime, the cattle complex was under heavy pressure to start the week. We break down the markets with Mike Minor from Professional Ag Marketing and John Heinberg from Total Farm Marketing on today's show.

And, Eric Snodgrass, Senior Science Fellow and Principal Atmospheric Scientist at Nutrien Ag Solutions, joins Market Talk for his weekly weather update. This week: what stagnant July winds may have meant for corn pollination and the disappointing Pro Farmer Crop Tour results, why this year's El Nino is already outpacing 1997 and 2015, what a quiet Atlantic hurricane season means for the flash drought in Texas, how South America's planting calendar could get pushed back two to three weeks, and why Europe's broken drought is bringing flooding rain instead of relief.

Corn is higher while soybeans are under pressure on Monday. Mike Castle, Senior Commodities Economist at StoneX, joins us to discuss the early week headline news and more that is impacting the market trade.

President Trump's Truth Social announcement allowing up to 300,000 metric tons of product for ground beef to be imported tariff-free over the next 90 days sent cattle futures sharply lower Friday morning. We dive into this news and the impact on the markets with Scott Varilek from Kooima Kooima Varilek in Segment Two followed by reaction and a conversation with Senator Mike Rounds (R-SD) in Segment Three.

We also get a recap of the latest Cattle on Feed Report from Kyle Bumsted with Allendale in Segment Four. And, we get it all started with a bit of our conversation recapping this week's crop tour with Ted Seifried from Zaner Ag Hedge in Segment One. Watch that full interview here: https://youtu.be/wcvv42g83N8

ONLINE EXCLUSIVE: This conversation is available exclusively here on Market Talk's digital channels.

Grain markets have rallied hard over the past two weeks, and Nick Lawrence of TraderPHD joins Market Talk to break down what's really behind the move. Nick walks through why USDA's August WASDE yield cut caught more analysts off guard than expected, how this year's crop tour largely confirmed the smaller crop, and why corn and soybean stocks-to-use ratios are trending tighter than they have in years.

President Trump announced on Friday that he has reached a deal to lower beef prices for consumers and that news has sent volatility into the cattle markets. Arlan Suderman with StoneX joins us to discuss that, a quiet Friday in the grain markets and more in our Market Talk Midday Commentary.