Market Talk

USDA cut 200 million off the U.S. corn ending stocks on the December WASDE report released Tuesday, surprising many in the trade, yet the market kinda yawned and moved slowly higher on the session. If we can get corn to the $4.50 level, will that drive some farmer selling? We recap the WASDE, the grain action and the livestock trade action on Tuesday with Jacob Burks from AgMarket.net. Find more online and sign up for their "Farming for Profit, Not Price" conference at https://www.agmarket.net.

The December WASDE report came out Tuesday mainly as advertised with the exception of some interesting demand tweaks in the corn market. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to recap the report.

Rumors in the trade are starting to show up that maybe we are getting some soybean cancellations. Is that the reason why beans fell off the highs on Monday? Plus, are farmers already looking at locking in some price levels in deferred contracts? Those are some of the questions we ponder today with John Heinberg from Total Farm Marketing as we saw a quiet, low volume trade on Monday across grains and livestock. More at https://www.totalfarmmarketing.com.

There is definitely a long ways to go yet but with the lack of soil moisture heading into winter and more, there is reason to at least start bringing up the idea of Midwest drought in 2025. At least, that's what Eric Snodgrass from Conduit Ag says on our Weekly Weather Update. Listen in for more and sign up for his latest webinar Monday, December 9th at 5pm by visiting https://www.ag-wx.com.

We have a mixed bag of market trade action on Monday with grains and livestock trading both sides of unchanged at midday. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to break down Monday's trade action.

How cheap is cheap? That's a question that today's guest analyst, Kent Beadle with Paradigm Futures, is asking when it comes to the corn and soybean markets. We take a look at the week in the trade, cost of production heading into 2025 and much more to close out the week. Find more online and contact Kent for a conversation at https://www.paradigmfutures.net.

We see a fairly mixed day of trade on Friday as we head for the weekend. Arlan Suderman, Chief Commodities Economist at StoneX, joins us for market analysis during midday trade.

It was a positive day higher in the grain trade on Thursday as we found solid money flow and support across the board. Meantime, it was a day filled with pressure in cattle futures. We discuss the technical chart picture in the markets and get analysis from Bryan Doherty with Total Farm Marketing. Find more as well online by visiting https://www.totalfarmmarketing.com.

Plus, we learn more about the new partnership between Taranis and Syngenta that looks to leverage A.I. technology to make better agronomic decisions at the retailer level and beyond. Jason Minton, Chief Commercial Officer for Taranis, joins us to discuss. More at https://www.taranis.com.

Markets are mostly lower at midday on Wednesday as we look across the board. We discuss the midweek trade action with Mike Castle from StoneX.

We finished a bit off the highs on Tuesday in grain and livestock trade but still found decent support in the soy complex and a nice rebound in cattle. What chart action should we watch this month and how should we adapt our risk management strategies for the holiday window? Brian Splitt with AgMarket.net joins us for a conversation about that and more. Find more details online and sign up for the 2025 conference in Nashville, TN by visiting https://www.agmarket.net.

Also on today's show, last week members of West Central Ag Services voted to approve the sale of their cooperative to CHS. We learn more about this news and the process with West Central's Jesse McCollum and Rick Dusek from CHS.