Market Talk

New contract lows in December corn and November soybeans were found on Friday while the wheat trade rallied some to find green on the screen at the end of the session. We have a conversation with Craig Turner from StoneX on today's show and discuss the need for education to navigate these markets. He also shares his thoughts on if these grain markets have more downside risk and why the next two weeks could continue to be tough.

Also, sign up for his upcoming webinar on August 28th titled "Harvest and Storage Marketing Strategies" by visiting the website https://www.grainsandoilseeds.com.

In Segment Two of today's show, Kyle King, US Digital Farming Commercial Lead at BASF Agricultural Solutions, joins us to talk about a new spray timer tool now available in xarvio® FIELD MANAGER, BASF's digital farming tool and app. Learn more online at https://www.xarvio.com.

Row crops are lower with more new contract lows this morning while wheat is trying to rally. Outside markets are fairly quiet after a lot of data hit the markets this week. We discuss grains, macro markets and take a look at the fertilizer markets with Mike Castle from StoneX in our Midday Commentary.

We saw a mostly quiet and mixed grain and livestock trade on Thursday with little fresh news impacting the markets. Wheat and soybeans did fade after some early short covering while cattle slipped lower on the day. The outside markets had a strong day higher led by the Dow up over 500 points on Thursday. We talk markets today with DuWayne Bosse from Bolt Marketing. More at https://www.boltmarketingllc.com.

Also, we learn about a new report titled Dairy dominoes: How China's increased dairy self-sufficiency is reshaping global trade. Mary Ledman, Global Sector Strategist – Dairy with Rabobank, joins us for that conversation in Segment Two of today's program as well.

It's a mostly quiet day across grain and livestock trade with little in the way of fresh news for the markets. Wall Street though is seeing some good strength as we examine more economic data out this morning. Arlan Suderman from StoneX joins us for our Midday Commentary to discuss.

Grains saw a slight bounce on Wednesday, but nothing to get overly excited about. On the flip side, livestock had a solid day higher at midweek. We discuss another crop tour this week, avoiding doom and gloom thinking in these markets and talk about the trade action with Mike Zuzolo from Global Commodity Analytics. More at https://www.globalcommresearch.com.

Grain markets are showing some bounce on Wednesday but it doesn't seem like there is much in the way of fundamental change on the horizon. We talk about that, the new CPI data out this morning and a look at the livestock trade with Arlan Suderman from StoneX in our Midday Commentary.

Another down day in the soy complex on Tuesday as we lost another 20-25 cents in beans and pressure in soy products as well. Corn and wheat were mixed to lower with cattle finding some green on the session. We discuss the tough market situation in grains, why having a trusted advisor is important and some thoughts on navigating these markets right now. Tyler Schau with AgMarket.net joins us for a conversation. Find more info online at https://www.agmarket.net.

Also, USDA is predicting record corn and soybean yields according to the August reports out on Monday of this week. Is the potential actually out there across the Midwest for a monster crop this year? Professional Ag Marketing just wrapped up their 9th annual Midwest Crop Tour last week and we talk with Mike Minor about what he saw on the tour. You can view full results at https://www.professionalagmarketing.com.

More pressure in soybeans on Tuesday after a bearish set of numbers from USDA on Monday. Corn and wheat are also trading their way lower at midday. We discuss the grain and outside markets with Mike Castle from StoneX in our Midday Commentary.

USDA is predicting a monster U.S. corn and soybean crop for 2024 with record national average yield estimates on the August WASDE Report. The numbers on Monday seemed to drive some spread trading with soybeans under pressure and corn up slightly.

We discuss what these numbers could mean for the trade, what some producers are saying about their crops and get market perspectives today from John Heinberg from Total Farm Marketing. More at https://www.totalfarmmarketing.com.

Also, August weather is looking pretty solid for much of the Corn Belt and that could help some of these big yields along. We discuss the weather outlook and talk about the Gleissberg Cycle as it relates to agriculture. Eric Snodgrass with Nutrien Ag Solutions joins us for our Weekly Weather Update. Learn more online at https://www.ag-wx.com.

USDA is predicting record corn and soybean yields according to the August WASDE Report out on Monday morning. We discuss the numbers and get perspective from Arlan Suderman, Chief Commodities Economist at StoneX, in our Midday Commentary.