Closing Market Report

On this edition of the Closing Market Report, Todd Gleason speaks with Mike Zuzolo of Global Commodity Analytics and Consulting about post-election commodity market reactions, the impact of a stronger U.S. dollar, and global trade dynamics ahead of the upcoming WASDE report. Then, Eric Snodgrass from Nutrien Ag Solutions discusses the Midwest's transition from an unusually warm fall to its first significant frost, alongside a look at persistent dry patterns extending across the United States. The program concludes with an analysis of South American weather, noting favorable early planting conditions in Brazil but highlighting potential La Niña-driven risks for Argentina and Southern Brazil later in the season.00:52 Ag Markets with Mike Zuzolo, Global Commodity Analytics and Consulting07:32 Ag Weather with Eric Snodgrass, Nutrien Ag Solutions ★ Support this podcast ★

In the November 5, 2026, edition of the Closing Market Report, host Todd Gleason covers commodity markets, yield forecasts, weed science, and agricultural weather. Kaden Sweeney of AgMarket discusses local harvest yields in east-central Illinois and anticipates a quiet November USDA crop production report, noting that soybean prices will heavily depend on Brazilian weather developments. Mike Castle from StoneX highlights their latest customer yield survey, which projects national corn and soybean yields higher than previous estimates due to surprisingly strong performance across the northern plains. University of Illinois weed scientist Aaron Hager shares details about a new regional survey assessing farmer awareness and readiness to adopt precision weed control technologies, such as optical sprayers. Finally, Mike Tannura of T-Storm Weather explains how an exceptionally strong El Niño is driving mild U.S. winter weather—likely benefiting the winter wheat crop—while currently bringing heavy spring rains to South America that are supporting their soybean crop development.01:33 Ag Markets with Kaden Sweeney, AgMarket08:01 StoneX November Crop Production Survey Revisions12:09 Grower Survey on Precision Weed Control Technologies17:26 Ag Weather with Mike Tannura, tStorm.net ★ Support this podcast ★

With the Midwestern corn and soybean harvest virtually complete, traders are aggressively shifting their focus to next week's USDA supply and demand report. In today's Closing Market Report Greg Johnson of TGM, Total Grain Marketing, notes that while national yield estimates might increase, Illinois corn yields are tracking noticeably lower, leaving soybeans with considerably more downside price risk than corn. Next month, producers must finalize their ARC and PLC safety net decisions by a December 11th deadline, with University of Illinois experts currently favoring ARC-County for most corn and soybean acres. Looking globally, Drew Lerner of World Weather Incorporated reports that while Argentina is soaking up favorable El Nino rains, central Brazil and Russia's southern winter wheat regions are still struggling with lingering dryness.01:58 Ag Markets with Greg Johnson, TGM Total Grain Marketing12:08 ARC / PLC decision for the crop just harvested due December 1113:31 Ag Weather with Drew Lerner, World Weather Inc ★ Support this podcast ★

The November 3, 2026, edition of the Closing Market Report features analysis from Naomi Blohm on recent large U.S. corn export sales to Mexico, which historical data suggests could signal a market bottom and precede upcoming price rallies. Adam Wattson then details his Champaign County farm's transition to strip-till agriculture, explaining how the practice has reduced his equipment costs, altered his nitrogen management to liquid-only applications, and maintained yield consistency. Following this, Don Day provides a weather outlook, noting that a remarkably quiet and mild Pacific air mass across the U.S. will keep soil temperatures too warm for immediate fall anhydrous ammonia applications, while northern South America faces stormy conditions. The program concludes with a memorial tribute to Dale Orville Helms, a distinguished University of Illinois animal sciences alumnus.01:36 Ag Markets with Naomi Blohm, Total Farm Marketing09:19 Strip Till Transition, a farmer conversation18:57 Ag Weather with Don Day, Day Weather21:38 Remembering Dale Helms ★ Support this podcast ★

This episode of the Closing Market Report features discussions on agricultural commodity trends, fall specialty crops, and global weather impacts. Agricultural economist Ed Usset analyzes the recent downturn in crop and crude oil prices, noting that while soybeans are supported by strong crush demand, corn and wheat are struggling to find positive recovery signals. The broadcast then highlights two fall stories: the 75th anniversary of the USDA APHIS international pre-clearance program for imports like Dutch tulip bulbs, and a profile of Illinois's dominance in the processing pumpkin industry. Finally, Mark Russo from EverStream Analytics provides an agricultural weather outlook, covering harvest-slowing rains in the American Midwest, persistent dry conditions threatening Indonesian palm oil, and early-season planting weather across South America.02:10 Commodity Markets Discussion with Ed Usset11:43 Tulips and Pumpkins, a story for the fall16:04 Ag Weather with Mark Russo, EverStream Analytics ★ Support this podcast ★