Closing Market Report

May 13 | Closing Market Report


Listen Later

- Ag Markets with Greg Johnson
- Ragged Corn but a Good Start for IL Crops
- Ag Weather with Drew Lerner

In the May 13, 2026 edition of the Closing Market Report, host Todd Gleason discusses agricultural markets, planting progress, and weather conditions with three industry experts. 

Greg Johnson of TGM highlights a recent market rally driven by USDA significantly lowering yield and acreage estimates for hard red winter wheat, and he advises farmers to consider catching up on soybean crop sales while prices remain high. '

Next, University of Illinois agronomist Giovani Preza Fontes reports that Illinois corn and soybean planting is ahead of schedule, noting that the crops are off to a solid start despite some uneven emergence caused by fluctuating April temperatures. 

Finally, meteorologist Drew Lerner forecasts welcome warming across the Midwest corn belt, though he warns that impending heat and low humidity will further stress the already struggling hard red winter wheat crops in the High Plains.

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Closing Market ReportBy Todd E. Gleason

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