01:36 Soybean Breeding Research and a Field Day with Eliana Monteverde, University of Illinois
14:42 Land Values Discussion with Bruce Sherrick, University of Illinois

01:33 Ag Markets with Matt Bennett, AgMarket.net
07:37 Putting a Cooper's Hawk Chick Back in its Nest
15:44 Ag Weather with Mike Tannura, Tstorm.net

00:58 Ag Markets with Greg Johnson, Total Grain Marketing
08:56 Four Field Days to Close Out July
12:11 Ag Weather with Drew Lerner, World Weather Inc.

02:19 Ag Markets with Naomi Blohm, Total Farm Marketing
09:32 USDA NASS Crop Progress Report
11:58 CropProtectionNetwork.com to Monitor Disease
13:48 Dicamba, EPA, and U.S. Farmers
18:06 Ag Weather with Don Day, Day Weather

The program also features an in-depth economic perspective from University of Minnesota Extension economist Ed Usset, who views the current market rally as a classic post-July 4th weather market. While acknowledging the bump from hot, dry domestic forecasts and extreme heat hitting crops in France, Usset reminds producers that this rally serves as an excellent "second chance" to clean out remaining old crop inventories and execute scale-up sales on new crop corn and soybeans before defensive seasonal trends potentially return. Finally, Mark Russo of EverStream Analytics breaks down the broader global weather patterns, noting that while the core U.S. Midwest looks secure, a highly intense ridge of high pressure will bring crop-stressing heat to western plains states like Nebraska, Kansas, and South Dakota next week. Internationally, Russo reports a disastrous third heat wave accelerating crop deterioration for  corn in France and parts of Eastern Europe, while unseasonal winter rains slightly slow the safrinha corn harvest in southern Brazil.

01:35 Ag Markets with Curt Kimmel, AgMarket.net
07:20 Bayer Requests Glyphosate Import Protections
08:00 Scout for Corn Aphids
09:12 Farm Bill Legislation May Attempt to Move Foreign Food Aid
10:54 Commodity Market Discussion with Ed Usset, University of Minnesota
18:04 Ag Weather with Mark Russo, EverStream Analytics

00:00 July 4th | Independence, Agricultural Adaptation, and the Land
01:24 Declaration of Independence
05:59 A History of Corn with Forrest Troyer
16:03 No-Till Preserves Soils and Independence
19:40 A History of the Soybean with Ted Hymowitz

02:13 Ag Markets with Matt Bennett, AgMarket.net
07:06 WILLAg News Update for July 2, 2026
11:28 Corn Leaf Aphids – when to scout and what to expect
16:00 Ag Weather with Mike Tannura, T-storm Weather

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Greg Johnson of Total Grain Marketing analyzes the fallout from recent USDA reports, noting that despite bearish data on corn and soybean stocks and acreage, markets rallied due to traders taking profits on short positions. Looking ahead, Johnson emphasizes that upcoming rainfall in the Corn Belt is expected to benefit pollination, which will likely suppress weather-driven price rallies and keep producers reluctant to sell their grain at current low prices.

Meteorologist Drew Lerner of World Weather, Inc. details the North American weather outlook, forecasting cooler and wetter conditions for the U.S. Midwest in July. While this moisture is largely beneficial for the corn and soybean crops, excessive rainfall threatens production potential in parts of the lower Midwest and the Canadian prairies, though improved dry conditions in the U.S. High Plains are currently aiding the winter wheat harvest.

Lerner concludes with an update on severe heat and drought conditions affecting European agriculture, particularly in France. The region has received a fraction of its normal rainfall since March, and while mature winter crops like wheat and rapeseed were rushed to the finish line to avoid catastrophe, summer crops face significant yield losses if substantial precipitation does not arrive by late July.

02:34 Ag Markets with Greg Johnson, TGM
13:39 Ag Weather with Drew Lerner, World Weather, Inc

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01:05 Ag Markets with Naomi Blohm, Total Farm Marketing
07:49 Cover Crop Conversations: cultural and mindset shifts
18:53 Ag Weather with Ed Kieser, Illinois Public Media

The report transitions into federal regulatory updates, highlighting the USDA's finalization of a voluntary regenerative feedstock rule linked to low-carbon biofuel markets and the federal 45Z credit. The program also touches on a joint university study tracking rural concerns regarding the expansion of AI data centers, as well as new bipartisan legislation designed to train local extension agents to counter the spread of the New World screwworm pest. In livestock industry updates, recent USDA NASS figures are presented, showing a total US hog and pig inventory of 73.7 million head alongside steady weaning averages. This is followed by a discussion on legislative friction regarding California's Prop 12 standards and a Supreme Court decision affecting Temporary Protected Status (TPS) for immigrants, which may tighten labor supplies for food processors and meatpackers.

The final segment features an ag weather analysis with Mark Russo of EverStream Analytics, detailing an immediate heat wave and high humidity building across the Corn Belt and the Central and Eastern United States. Russo reports an increase in short-term environmental stress across multiple livestock sectors—including Plains beef cattle, Midwestern poultry and swine operations, and East Coast facilities—though high winds and projected ridge shifts are expected to offer regional relief and more normalized temperatures by the following week. Additionally, the forecast indicates a low threat of disruptive heat during domestic corn pollination throughout July, while contrasting these developments with an intensifying, multi-wave European heat wave breaking all-time temperature records in Germany and Poland and compounding summer crop deficits across Western and Eastern Europe.

01:22 Ag Markets with Sue Martin, Ag and Investment Services
08:31 WILLAg News for June 29, 2026
11:52 Considering Pork Industry News
15:08 Ag Weather with Mark Russo, EverStream Analytics

The June 26, 2026, broadcast of the Closing Market Report, hosted by Todd Gleason from the Land Grant University in Urbana-Champaign, features expert analysis on agricultural commodities and weather forecasting. In the markets segment, Mike Zuzolo of GlobalCommResearch highlights the potential market impact of the upcoming USDA crop acreage and grain stocks reports. Zuzolo notes that commodity prices are currently driven more by macroeconomic factors—such as a strong US dollar, currency devaluations in Russia and Japan, and crude oil trends—than by agricultural supply-and-demand fundamentals. He cautions that unless these fundamental reports shift investor focus and establish market lows by early July, producers will need to adopt more defensive market strategies.

During the weather segment, Eric Snodgrass of Nutrien Ag Solutions reviews a highly active June characterized by heavy rainfall and a record number of tornadoes across Illinois, which effectively eliminated local drought conditions but heightened the risk of crop disease. Looking ahead, Snodgrass forecasts a significant heat wave persisting through mid-July, caused by a stationary atmospheric wave that will keep both daytime and overnight temperatures high. Fortunately, excessive soil moisture will help mitigate heat stress on local crops by generating hyper-local, cooling thunderstorms, though Snodgrass warns that the stationary ridge poses a severe, immediate drought risk for states situated closer to its epicenter, such as Missouri and Kansas.

01:34 Ag Markets with Mike Zuzlo, GlobalCommResearch 
10:53 Ag Weather with Eric Snodgrass, NutrienAgSolutions

02:44 Ag Markets with Matt Bennett, AgMarket .net
09:10 Year Round E15 and Economic Aid for Farmers
11:11 U of IL Looking for Rootworm Trap Volunteers
12:24 A Century of USDA Radio
17:04 Ag Weather with Mike Tannura, T-storm Weather 

01:02 Ag Markets with Greg Johnson, Total Grain Marketing
07:05 The Land Grant Weed Science Mission
07:19 Jeff Bode, Corteva Technical Agronomist
10:07 Aaron Hager, University of Illinois Crop Scientist
13:46 Ag Weather with Drew Lerner, World Weather, Inc.

On crop production and management, the program highlights a multi-year data review presented by University of Illinois Extension agricultural economist Gary Schnitkey. The 11-year study reveals that increasing nitrogen application rates above the Maximum Return To Nitrogen (MRTN) baseline or adding extra tillage passes occasionally boosts yields but consistently fails to improve overall net profitability due to elevated input costs. Additionally, Extension weed scientist Aaron Hager previews the university's upcoming annual Weed Science Field Day, detailing its self-guided tour format designed for farmers and commercial applicators.

In the agricultural energy segment, Kansas State University Extension economist Dan O'Brien reports stable domestic ethanol production, operating at approximately 89.3% of plant capacity across 201 active facilities. Plant profit margins remain steady between 11 and 15 cents per gallon, with eastern corn belt ethanol plants currently paying the highest cash corn prices in the nation. Turning to regional crop conditions, O'Brien characterizes the 2026 Kansas wheat harvest as exceptionally poor, citing near-record-low harvested-to-planted acreage ratios caused by severe storm and derecho damage.

00:42 Ag Markets with Naomi Blohm, Total Farm Marketing
07:42 High N-Rates and More Tillage Do Not Pay
10:54 USMCA Review Begins July 1 with an Uncertain Future
14:44 Ag Energies with Dan O'Brien, Kansas State Extension
19:58 Ag Weather with Don Day, Day Weather

Market attention is increasingly shifting toward the upcoming USDA grain stocks and acreage reports. Driven by rapid spring planting speeds and broader financial pressures, agricultural economists project a potential increase in both corn and soybean acres, as farmers frequently favor these traditional crops during tight financial periods. This shifting landscape is further framed by long-term structural changes in Southern U.S. agriculture, which has suffered a disproportionate loss of 32 million harvested acres over the past century. This massive historical decline has led analysts to question whether federal safety nets that heavily favor cotton, peanuts, and rice are inadvertently stifling regional innovation and crop diversification.

In livestock and international trade, domestic beef demand continues to outpace expectations and remains robust, even with ongoing headline concerns regarding screwworm in Mexican cattle herds. On the geopolitical stage, Vice President J.D. Vance announced a proposed structural agreement regarding Iran, where any potential unfreezing of Iranian financial assets would require joint U.S. and Qatari oversight and be strictly earmarked for the purchase of American soy, corn, and wheat. While these geopolitical headlines introduce short-term volatility, market experts emphasize that traders must focus on strong domestic crop usage, robust export paces, and baseline supply and demand fundamentals to accurately navigate the marketplace.

00:00 The About Southern Agriculture Edition
02:02 Ag Markets with Curt Kimmel, AgMarket.net
07:35 V.P. Vance mentions a possible Corn, Soy, Wheat Deal with Iran
09:42 The Evolving US Southern Crop Problem
12:14 Commodity Markets Discussion with Chad Hart
17:50 Ag Weather with Mark Russo, Ever Stream Analytics

00:43 The Morrill Acts & HBCUs
05:37 The Emancipation Proclamation
13:25 General Order 143
17:14 Reconstruction and the Wade-Davis Bill
19:02 Surrender at Appomattox
20:29 The 13th Amendment
21:04 June 19, 1865, General Order #3

Agricultural Policy and Global Finance
The program also covers recent geopolitical and agricultural news, highlighting President Donald Trump’s cautious public remarks regarding the finalization of the Middle East MOU, despite White House officials confirming its digital signing. Domestically, the broadcast outlines a legislative push in the Senate to permanently lift summertime restrictions on E-15 ethanol and reports on a growing New World screwworm outbreak threatening livestock in Texas. On the financial front, the US Farm Credit System remains stable despite broader economic challenges, presenting a stark contrast to Brazil, where lower grain prices and high interest rates are driving a surge in farm bankruptcies and loan defaults.

Global Weather Impacts
Meteorologist Drew Lerner from World Weather, Inc. concludes the report with a global agricultural weather outlook. In the United States, unusually cool temperatures and excessive moisture are slowing crop development across the Midwest and Northern Plains, though warmer weather is expected by July. In Europe, a severe heatwave and prolonged dry spell are heavily stressing winter crops, particularly in France. Looking toward Asia, a strengthening El Niño is forecast to bring significant dryness to Indonesia, Malaysia, and the Philippines later in the year, while simultaneously causing excessive, crop-damaging rainfall across the rice and sugarcane regions of southern China.

01:18 Ag Markets with Greg Johnson, Total Grain Marketing
09:12 President Trump Hedges on MOU Signing
15:16 Ag Weather with Drew Lerner, World Weather, Inc.

00:00 June 16, 2026 | WILLAg.org
01:08 Ag Markets with Susan Stroud, No Bull Ag
10:04 U.S. and Brazilian Corn Production Costs Compared
13:24 Ag Energies with Dave Chatterton, Strategic Farm Marketing
17:52 RMA 2025 Yields Spur ECO / SCO Payments
19:59 Ag Weather with Don Day, Day Weather

- Ag Markets with Curt Kimmel, AgMarket.net
- Commodity Markets Discussion with Ben Brown
- Ag Weather with Mark Russo, EverStream.ai

- Ag Markets with Mike Zuzolo, GlobalCommResearch.com
- WILLAg News Update for June 12, 2026
- Ag Weather with Eric Snodgrass, NutrienAgSolutions.com

The June 11, 2026, Closing Market Report covers updates on agricultural commodity markets, upcoming extension events, agronomic research, and global weather patterns. Jim McCormick of AgMarket.net noted that the USDA's June WASDE report introduced largely bearish global supply revisions for corn, wheat, and soybeans, contributing to lower market closing prices across the board. In agronomic news, Travis Meteer previewed the June 17 Dudley Smith Farm field day, an event connecting beef and row crop producers with University of Illinois researchers to discuss nutrients, water quality, and fertility management. Additionally, agricultural economist Gary Schnitkey highlighted findings from 11 years of Precision Conservation Management data, showing that utilizing no-till or one-pass light tillage systems—alongside maintaining nitrogen rates near the Maximum Return to Nitrogen limit—consistently provides the highest profitability for farmers. Finally, Mike Tannura of T-storm Weather reported that recent intense storms have sufficiently moistened the U.S. Corn and spring wheat belts, while looking abroad, a severe heat wave is expected to negatively impact crops in France, Italy, and Spain next week.

- Ag Markets with Jim McCormick, AgMarket.net
- June 17 Dudley Smith Farm Field Day Preview
- farmdoc Webinar Explores Tillage & Nitrogen Practices
- Ag Weather with Mike Tannura, Tstorm.net

- Ag Markets with Susan Stroud, NoBullAg.com
- The Crop Protection Network with Boris Camiletti
- Ag Weather with Drew Lerner

- Ag Markets with Naomi Blohm, TotalFarmMarketing.com
- WILLAg News Update for June 9, 2026
- Lawmakers Rush to Regulate Data Center Development
- Ag Weather with Don Day, DayWeather.com

Frayne Olson from North Dakota State University corroborates this subdued expectation for the June WASDE, noting the USDA is unlikely to revise export forecasts without concrete details from recent US-China trade agreements. Olson emphasizes the significance of the June 30th grain stocks report for tracking feed consumption and explains that recent market fluctuations are heavily influenced by index fund investors shifting capital between energy, agriculture, and the stabilizing stock market. Consequently, Olson advises producers to establish predetermined target prices rather than attempting to time volatile market swings. 

Finally, Everstream Analytics meteorologist Mark Russo reports that beneficial rainfall and above-average temperatures are accelerating crop development across the US Corn Belt, presenting no immediate yield threats. However, Russo warns that a returning, near-record heatwave combined with dry conditions in Western Europe poses a significant risk to their summer crops.

- Ag Markets with Curt Kimmel, AgMarkets.net
- Commodity Markets Discussion with Frayne Olson, NDSU Extension
- Ag Weather with Mark Russo, EverStream.ai

Meteorologist Eric Snodgrass then provides an agricultural weather outlook for the broader Corn Belt. He details a drought pattern that may be developing north of Interstate 72 in Illinois and across surrounding states, emphasizing that immediate rainfall (scheduled for today and over the next several days) is critical for current vegetative crop stages. Snodgrass further outlines predictive variables for mid-summer heat risks—specifically Delta soil moisture and Gulf of Alaska ocean temperatures—while explicitly dismissing a newly released European long-range model predicting a dry late summer due to its severe historical inaccuracies.

- Ag Markets with Mike Zuzolo, GlobalCommResearch.com
- Ag Weather with Eric Snodgrass, NutrienAgSolutions.com

The USDA has confirmed the presence of the New World screwworm in South Texas, initiating a 20-kilometer quarantine zone and releasing sterile flies to halt the infestation. Because the pest spreads almost exclusively through the transportation of infected animals, Midwest herds remain safe as long as cattle are not moved from the southern border area. Pet owners in the affected Texas region are also advised to monitor their animals closely, as the insect feeds on living tissue in open wounds.

For growers looking to diversify, premium markets such as non-GMO, organic, and hybrid-specific crops offer strong profit potential. Capitalizing on these premiums requires rigorous on-farm segregation to prevent cross-contamination and proactive planning, as contracts for these specialized programs often reach capacity months in advance.

Looking at the weather, the northeast half of the Corn Belt is facing an unusually dry start to the season. An upper-level high-pressure system is expected to maintain above-average temperatures and block major rain events for the next week to ten days. Meanwhile, North American spring wheat is beginning to recover from a historically dry April and May due to recent precipitation, and growing regions across Europe and Russia continue to benefit from highly favorable moisture levels.

- Ag Markets with Matt Bennett, AgMarket.net
- First Case of New World Screwworm Confirmed in Texas
- Premium Crop Market Opportunities Webinar Review with Kelsey Graber, ClarksonGrain.com
- Ag Weather with Mike Tannura, Tstorm.net

- Henrique Monaco, farmdoc Researcher - University of Illinois  
- Jim MacDonald, Agricultural Economist - University of Maryland

farmdoc Daily Article 
https://farmdocdaily.illinois.edu/2026/05/consolidation-trends-in-the-us-nitrogen-fertilizer-industry.html  

The national weather service reported that there was near zero visibility reported on at least three interstate highways in Illinois.

Although dust storms are common in Illinois, they can often be dangerous. Last year, Illinois experienced a dust storm early in the growing season. A blowing dust advisory was issued for parts of the Chicago area with wind gusts as high as 35 miles per hour.

Three years ago a dust storm caused a 84-vehicle pileup along I-55 south of Springfield. Eight people died and dozens more were injured.

Doctoral student in Physics at the University of Illinois Urbana Champaign, Maddie Stover and Illinois State Climatologist with the Prairie Research Institute, Trent Ford taking a closer look into this week's dust storms that swept across central Illinois.

​Funding for Weather Realness is partially provided by the Backlund Charitable Trust.  If you have a question for a local scientist on this program, please leave a voicemail at 217.333.2141 or email weatherrealness@illinois.edu

- Maddie Stover, host and doctoral student - University of Illinois
- Trent Ford, Illinois State Climatologist - ISWS PRI

Waypoint Analytical measures this biological activity using DNA analysis to identify the specific functional capabilities of these microbes, such as their ability to fix nitrogen or solubilize phosphorus. French asserts that implementing conservation practices, including cover crops, reduced tillage, and tile drainage management, provides the necessary habitat and carbon inputs to sustain microbial populations and prevent nutrient runoff. By testing and understanding their soil's biological capacity, producers can optimize fertilizer efficiency and potentially reduce nitrogen applications in soils with robust organic matter, though French cautions that maintaining proper soil pH remains the most critical foundational step for supporting biological activity.

- Lizzie French, Soil Biology Manager - Waypoint Analytical, Inc.

- Ag Markets with Mike Zuzolo, GlobalCommResearch.com
- Ag Weather with Eric Snodgrass, NutrienAgSolutions.com

- Ag Markets with Curt Kimmel, AgMarket.net
- University of Illinois Row Crop Events in June
- Jaimeson Greer on USMCA Trade Negotiations
- Ag Weather with Mike Tannura, Tstorm.net

- Ag Markets with Greg Johnson, TotalGrainMarketing.com
- Consolidation in the Fertilizer Industry, farmdocDaily.illinois.edu
- Ag Weather with Drew Lerner, WorldWeather.cc

- Ag Markets with Naomi Blohm, TotalFarmMarketing.com
- CEO of the Fertilizer Institute Corey Rosenbusch
- Ag Energies and Kansas Wheat Abandonment with Dan O'Brien, Kansas State Extension
- Ag Weather with Don Day, DayWeather.com

- Ag Markets with Mike Zuzolo, GlobalCommResearch.com
- Ag Weather with Eric Snodgrass, NutrienAgSolutions.com

On this May 21, 2026, edition of the Closing Market Report, host Todd Gleason reviews a mixed trading day as markets respond to ongoing planting progress and US-China trade developments. Matt Bennett of AgMarket.net reports that while planting in Illinois is largely complete, the market is closely watching for future demand signals, specifically whether China will fulfill commitments to purchase US corn and new-crop soybeans. 

Meanwhile, Nick Paulson of the University of Illinois farmdoc team explains that while updated 2026 crop budgets show slight improvements due to higher commodity prices, they still reflect challenging long-term returns, with cost pressures from diesel fuel being partially offset by strong market pricing. 

Looking at weather, Mike Tannura of Tstorm Weather forecasts a transition to warmer temperatures following a cool, wet spring. While the US Corn Belt faces planting delays due to persistent moisture, Tannura expresses more significant concern regarding drought conditions in the US Northern Plains spring wheat region, even as he notes stable crop conditions across the Black Sea and South America. 

The program concludes with a look ahead to this week's Commodity Week, featuring analysis from Collin Waters, Dave Chatterton, and Kurt Kimmel.

Market analysts noted that commodity prices initially rallied on potential Chinese agricultural purchases following a diplomatic meeting, but recently declined due to falling crude oil prices and profit-taking. In local news, the Logan County, Illinois Board bypassed a proposed 90-day freeze and instead approved a 12-month moratorium on a new data center project. On the energy front, the ongoing 80-day closure of the Strait of Hormuz has severely disrupted global supplies of crude oil, gasoline, and engine lubricants, with analysts warning that a full recovery to pre-war inventory levels could extend into late 2027. 

Finally, meteorologists highlighted ongoing drought and freeze stress on U.S. winter wheat, alongside unseasonably wet conditions in Brazil and the Canadian Prairies, though warmer, more favorable planting weather is expected soon for the U.S. Corn Belt.

- Ag Markets with Greg Johnson, TotalGrainMarketing.com
- Logan County IL Board Imposes 12 Month Data Center Moratorium
- Strait of Hormuz Closure May Trigger Years-Long Recovery
- Ag Weather with Drew Lerner, WorldWeather.cc

Significant agricultural industry news includes John Deere's preliminary $19.9 million settlement in a "right to repair" class-action lawsuit, as well as growing concerns from scientists over a USDA proposal to relocate vital soybean and maize seed banks out of Illinois. On the legislative front, Illinois lawmakers are considering a ban on the use of eminent domain for CO2 pipelines, while federal efforts face headwinds regarding nationwide year-round E15 fuel access and a newly proposed annual road-funding tax for electric vehicle owners. 

Meanwhile, agricultural energy markets remain volatile and captive to Middle East tensions, prompting advisors to recommend cautious, hand-to-mouth fuel purchasing strategies for farmers. 

Finally, the weather outlook highlights beneficial, albeit sometimes severe, recent rainfall across the Corn Belt and late-season snow in the West, with an active weather pattern expected to resume in the coming week.

- Ag Markets with Naomi Blohm, TotalFarmMarketing.com
- Right to Repair, Seedbanks, CO2 Pipelines, Year-Round E15, EV Tax
- Ag Energies with Dave Chatterton, SFarmMarketing.com
- Ag Weather with Don Day, DayWeather.com

Discussing global competitiveness, agricultural economist Joana Colussi noted that while Brazil produces corn at a lower total cost—largely through its second-crop (safrinha) system—the United States remains competitive by achieving double the average yields despite higher overhead and land expenses. 

Finally, meteorologist Mark Russo reported that favorable weather continues to support rapid planting progress in the US Corn Belt and the safrinha crop in Brazil, though severe long-term dryness continues to plague the US hard red winter wheat regions.

---

Chapters
- Ag Markets with Curt Kimmel, AgMarket.net
- Comparing Corn Production Costs in the United States and Brazil
- US-China Ag Deliverables: Board of Trade, Soybean Sales, $17bln
- Ag Weather with Mark Russo, EverStream.ai

The May 15, 2026, Closing Market Report details recent developments in agricultural commodities, U.S.-China trade relations, and weather patterns. 

Market analyst Mike Zuzolo characterizes the recent commodity sell-off as a fund correction rather than a definitive market top, highlighting severe heat impacts on the Kansas wheat crop and noting that the recent Trump-Xi meetings resulted in renewed U.S. beef export licenses to China. 

On trade policy, the U.S. Trade Representative is developing a "Board of Trade" to manage bilateral commerce in non-sensitive goods, while President Trump publicly supported Chinese nationals purchasing U.S. farmland and attending American universities to support those respective domestic markets. 

Domestically, University of Illinois economists projected upcoming average ARC and PLC payments at $58 per acre for corn, $29 for soybeans, and $47 for wheat. 

Finally, meteorologist Eric Snodgrass reported on severe dust storms in the Northern Plains and expanding drought in Nebraska, warning that forecasting the upcoming summer weather remains highly uncertain despite a rapidly developing El Niño.

The May 14th Closing Market Report details declining agricultural commodity prices, legislative developments, and global crop weather. Grain markets closed significantly lower following the President's visit to China, which yielded no new trade agreement on soybean, a situation compounded by varying weather conditions affecting domestic crops. 

In Washington, the US House narrowly passed a bill permitting year-round E15 fuel sales, which now faces an uncertain future in the Senate alongside ongoing 2026 Farm Bill negotiations. Additionally, Senator Thom Tillis outlined national security concerns regarding Chinese investments in US farmland and meat processing facilities. 

Weather analysis indicates severe drought is threatening northern US spring wheat and varying precipitation is impacting the Corn Belt, while Europe receives beneficial rains and Brazil's second corn crop faces early dry season challenges.

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.

The May 12, 2026, Closing Market Report details a confluence of critical agricultural market data, legislative stalemates, and international trade developments. 

Market analyst Naomi Blohm noted that while the latest USDA WASDE report offered a surprising bump in soybean export and crush demand, markets remain hesitant ahead of a highly anticipated Beijing summit between Presidents Donald Trump and Xi Jinping, where U.S. Senators are already heavily lobbying for increased agricultural exports. 

Domestically, agricultural policy faces significant friction; Senator Charles Grassley indicated the Senate farm bill is likely stalled over SNAP reform disputes, and the Trump administration's move to increase beef import flexibility has divided the domestic cattle industry. Conversely, bipartisan momentum is building in the House for permanent, year-round E15 fuel legislation, championed by Representative Nikki Budzinski as a crucial stabilizer for rural economies. 

Meteorologically, the U.S. Corn Belt is expected to transition from an unseasonably cool pattern to warmer, stormier conditions, while Brazil’s safrinha corn region trends unfavorably dry.

The May 11, 2026, Closing Market Report hosted by Todd Gleason covers agricultural market trends, policy commentary, and soil research. Curt Kimmel of agmarket.net analyzes market dynamics, emphasizing the influence of upcoming USDA crop reports, planting progress, and commodity funds on corn and soybean prices. Gleason follows with a brief commentary questioning the Trump administration's unexplained decision to deny appointments to four women on the United Soybean Board. In the final segment, University of Illinois soil scientist Andrew Margenot details his research on streambank erosion, explaining it as a major non-point source of phosphorus pollution in waterways and outlining mitigation strategies such as buffering wetlands and reconsidering ditch channelization.

- Power, Politics, and Pushback on Data Centers

- Ag Weather with Eric Snodgrass

The May 8, 2026, Closing Market Report covers agricultural markets, local infrastructure debates, and weather forecasts. Market analyst Mike Zuzolo notes a sharp rise in soybean prices, driven by energy market fluctuations and anticipation of soybean orders from an upcoming Trump-Xi summit in China. 

Lincoln resident Allison Isley voices community opposition to a proposed 500-megawatt hyperscale data center in Logan County, citing concerns over its massive power consumption, environmental impact, and disruption to the rural quality of life. 

Finally, meteorologist Eric Snodgrass outlines a weather forecast featuring a transition from a cool, wet early May to warmer, drier conditions suitable for planting, while warning of an unprecedented upcoming El Niño event that could significantly impact global summer weather and South American crop yields.

The May 7, 2026, episode of the Closing Market Report features a variety of agricultural updates, beginning with analyst Matt Bennett discussing the sideways trade in corn futures, planting delays caused by wet Midwestern weather, and the impact of crude oil prices and international politics on oilseed markets. 

Additionally, the program covers agricultural news, noting the USDA's unexplained dismissal of several United Soybean Board members and the implementation of stricter nutritional stocking requirements for retailers in the SNAP program. 

University of Illinois entomologist Nick Seiter also joins the broadcast to highlight the newly published 2025 Applied Research Results guide, which offers farmers independent data on pest control and new findings concerning the northern corn rootworm. 

Finally, meteorologist Mike Tannura provides a global weather outlook, detailing severe drought concerns for the U.S. hard red winter wheat crop, favorable planting conditions in the Northwestern Corn Belt, the onset of the dry season for Brazil's safrinha corn, and beneficial rains expected across Europe and Russia.

The May 6, 2026, broadcast of the Closing Market Report, hosted by Todd Gleason from the Land-Grant university in Urbana-Champaign, covers commodity market trends, the agricultural impact of data centers, food waste, and regional weather forecasts. 

Analyst Greg Johnson reports that declining crude oil prices and anticipated average U.S. crop yields are pressuring corn and soybean markets. Agricultural policy specialist Jonathan Coppess criticizes the shifting of responsibility onto local county boards for siting large data centers, citing the facilities' immense and unsustainable consumption of farmland, water, and electricity. Additionally, Gleason highlights the ADM Institute for Post-Harvest Loss's efforts to reduce global grain waste, referencing a related public message by Pope Leo XIV. 

Concluding the report, meteorologist Drew Lerner predicts frost risks for winter wheat in Kansas and Colorado, ongoing drought conditions in Nebraska, and incoming rain that will benefit southern portions of Brazil's Safrinha corn crop.

The May 5, 2026, Closing Market Report covers agricultural commodities, tech infrastructure, and regional weather updates. Market analyst Naomi Blohm highlights recent multi-year highs in corn and soybean prices, advising farmers to capitalize on these prices ahead of upcoming USDA reports and potential market volatility. 

Next, Google infrastructure manager Liz Schwab addresses common community concerns regarding hyperscale data centers, detailing their operational noise levels, water usage, and the company's approach to funding local electrical grid and infrastructure upgrades. 

Finally, meteorologist Don Day provides a weather outlook for the Corn Belt and High Plains, noting a beneficial late-season snowstorm for western wheat areas, while highlighting persistent and concerning drought conditions across Nebraska and western Iowa.

The May 4, 2026, Closing Market Report highlights a strong rally in agricultural commodities, with corn and soybeans experiencing significant gains driven by global events, high crude oil prices, and speculative fund buying. Market analysts Curt Kimmel and Ed Usset emphasize that farmers should immediately capitalize on these higher price levels—such as $5.00 for December corn and $12.00 for November soybeans—to lock in profitable new-crop sales. 

In agronomic updates, entomologist Nick Seiter reports increasing pyrethroid insecticide resistance in alfalfa weevils across the Midwest and encourages producers to participate in a regional management survey. Finally, agricultural meteorologist Mark Russo notes that while the U.S. Corn Belt has faced unseasonably cold and dry weather, planting continues at a steady pace, and Europe is forecasted to receive beneficial rainfall to relieve recent dry conditions.

The May 1, 2026, Closing Market Report features agricultural insights from market analyst Mike Zuzolo and meteorologist Eric Snodgrass. 

Zuzolo highlights that corn and wheat prices are currently finding support from energy markets, delayed U.S. planting due to poor weather, and a historic drought threatening Brazil's second-crop safrinha corn. He also warns of a deteriorating U.S. hard red winter wheat crop and potential energy market disruptions stemming from ongoing tensions in the Middle East. 

On the weather front, Snodgrass recaps the recent severe storms and tornadoes across Illinois, forecasting a shift toward cooler, drier conditions for the first half of May that will bring regional frost risks. Looking ahead to the summer, Snodgrass notes that a developing El Niño and current Pacific Ocean temperatures suggest the Midwest may experience a stormier, cooler-than-average season rather than extreme, yield-threatening heat.

This April 30, 2026, Closing Market Report covers updates on agricultural markets, farm legislation, farm financials, and global weather. Analyst Matt Bennett noted that heavy rains have paused Midwest farming activities, while severe, persistent drought in the western plains has likely caused irreversible damage to the hard red winter wheat crop. 

On the legislative front, Jonathan Coppess reported that the U.S. House of Representatives recently passed a modernized farm bill, though it faces an uncertain future and significant challenges in the Senate. 

Reviewing farm financials, Brad Zwilling explained that while average farm debt-to-asset ratios have remained stable at 18%, the debt per acre has climbed to nearly $900, which is driving up interest expenses for producers. 

Finally, meteorologist Mike Tannura confirmed the severe drought damage to southern winter wheat and observed that while the southeastern Corn Belt is experiencing cool, wet weather that may slow crop growth, the drier conditions in the northwest are currently providing an ideal environment for planting.

The April 29, 2026, Closing Market Report covers updates on agricultural markets, crop conditions, and weather forecasts. Greg Johnson of TGM notes that while Midwest farmers are making steady planting progress, recent price rallies—driven by poor western wheat conditions and global factors—have prompted some opportunistic new crop sales. Dan O'Brien from Kansas State University highlights that poor weather may lead to the abandonment of some hard red winter wheat in Kansas, though current high prices might persuade producers to harvest what they can rather than destroy the crop. Finally, meteorologist Drew Lerner reports on recent and upcoming freezing temperatures threatening the Great Lakes region, a brief drying window for Midwestern planting, and potential moisture stress for Brazil's safrinha corn crop.

The April 28, 2026, Closing Market Report covers updates on agricultural markets, federal renewable fuel standards, and national weather forecasts. Naomi Blohm highlights a rapid planting pace for corn and soybeans across the Midwest, contrasted by stalled progress in Wisconsin due to heavy rains. She also notes that poor winter wheat conditions and ongoing geopolitical tensions in the Black Sea are driving up wheat futures. 

Following the market update, agricultural economist Todd Hubbs explains that new Renewable Fuel Standard (RFS) mandates will push domestic biomass-based diesel production to its limits. He details that a structural shortfall in D6 (corn ethanol) RINs requires a backfill using D4 (biomass diesel) RINs, which is expected to sharply increase demand for feedstocks like soybeans or other oilseeds over the next two years. 

Finally, meteorologist Don Day forecasts a weather shift that will bring beneficial rain to the drought-stricken Delta and Southeast regions, though severe dryness is expected to persist across the hard red winter wheat areas of the central and western Plains.

This April 27, 2026, agricultural market report highlights upward price movements across corn, soybeans, and wheat futures. Market analyst Curt Kimmel attributes the soybean rally to the European Union rejecting Argentine soybean meal cargoes due to the presence of the drought-resistant HB4 gene, while corn prices were supported by dry conditions in Brazil. 

Domestically, ongoing conflict in the Middle East has kept nitrogen fertilizer prices high, adding an estimated $30 to $55 per acre to 2026 corn crop costs. Iowa State economist 

Chad Hart noted that commodity prices are currently benefiting from both war and weather premiums, pointing out the contrast between widespread U.S. drought and overly wet planting conditions in parts of Iowa and Illinois. 

Finally, meteorologist Mark Russo forecasted a normal, albeit slightly cooler, spring weather pattern for the U.S. Corn Belt, while noting continued dryness in the western Plains, snow-delayed planting in the Canadian prairies, and generally favorable late-season conditions for Brazil's safrinha corn crop.

The April 24, 2026, closing market report details agricultural commodity trends, local land-use policy, and seasonal weather forecasts. Market analyst Mike Zuzolo notes rapid planting progress across the central United States but warns that hard red winter wheat faces a critical 45-day window where drought and late-spring storms could severely diminish yields. He emphasizes that commodity volatility is currently driven by high-frequency trading, shifting USDA acreage estimates, rising crude oil prices, and international geopolitical tensions. 

In regional news, the Champaign County Board approved a 12-month moratorium on new data centers to evaluate local aquifer demands and establish comprehensive zoning standards. Additionally, a newly released USDA survey indicates that 340 million acres of U.S. agricultural land are rented out, highlighting a stark contrast in absentee landownership between the Plains and the Midwest. 

Concluding with the weather outlook, meteorologist Eric Snodgrass contrasts the ongoing severe thunderstorm and tornado risks in the Plains and Midwest with deep, persistent drought conditions in the Southeast and Ohio River Valley. Snodgrass anticipates a brief period of cooler temperatures dropping down from Canada and cautions that an early end to the monsoon season in Brazil's Cerrado threatens the finish of their second-crop corn.

- Mark Russo, EverStream.ai

The April 20, 2026, Closing Market Report covers several key agricultural updates, beginning with analyst Curt Kimmel noting fluctuating grain markets influenced by adverse weather in the wheat belt and ongoing spring planting progress. Ben Brown from the Food and Agricultural Policy Research Institute (FAPRI) discusses their 10-year agricultural outlook, highlighting a persistent financial gap between the crop and livestock sectors. He also warns that subtle biofuel policy details regarding international feedstocks could unexpectedly weaken domestic soybean oil demand before 2028. Meteorologist Mark Russo reports that recent cold snaps likely caused minimal widespread damage to winter wheat and forecasts a drier, warming trend favorable for Midwest planting, though he notes growing concerns over dry conditions for Brazil's safrinha corn crop. Finally, the broadcast briefly highlights research recommending a specific 10-ounce application rate of Metribuzin to control herbicide-resistant waterhemp.

On the April 17, 2026, edition of the Closing Market Report, host Todd Gleason covers agricultural markets and regional weather forecasts. Meteorologist Andrew Pritchard provides a severe weather update, warning that thunderstorms with potential 70 mph winds and isolated tornadoes are expected to move through central Illinois between 8:00 PM and midnight. In the market analysis segment, Mike Zuzolo notes that the upcoming Cattle on Feed report carries added significance due to falling energy prices and high retail ground beef costs, which threaten to dampen consumer demand during the summer grilling season. Zuzolo also suggests that grain markets are building a base, supported by weather risks, a weakened dollar, and recent geopolitical developments. Finally, meteorologist Eric Snodgrass explains that an expanding Bermuda High and a developing El Niño are driving the Midwest's recent wave of severe storms and anomalous precipitation. Looking ahead, he notes that while summer weather models remain mixed, historical analogs for strong El Niño years do not automatically point to disastrous crop yields in the Midwest.

- Mike Tannura, Tstorm.net

The April 16, 2026, broadcast of the Closing Market Report covers updates on agricultural markets, biofuels, weed management, and national weather impacts. Market analyst Matt Bennett explains that corn and soybean markets are consolidating as wet and cold weather temporarily pauses planting across the Midwest, warning that high energy and fertilizer costs pose long-term profitability risks for growers. In policy news, industry leaders are advocating for federal support to expand the Sustainable Aviation Fuel (SAF) market, while lawmakers simultaneously push for year-round E15 to combat inflation and assist farmers facing negative margins. On the agronomy front, weed scientist Aaron Hager advises that with waterhemp populations in Illinois showing resistance to group 15 herbicides, farmers should consider utilizing metribuzin, an older asymmetrical triazine that remains effective against the weed. Finally, meteorologist Mike Tannura details severe, ongoing drought conditions and an impending freeze threatening winter wheat in the western plains and southern United States, a situation that contrasts sharply with record wet conditions delaying fieldwork in northern states like Michigan.

The April 15, 2026, commodity markets closed with marginal gains in corn, soybeans, and wheat futures amidst widespread U.S. planting delays. Frequent precipitation across the Midwest has stalled fieldwork, though regions such as southern Illinois have advanced, planting up to half of their soybean crop. Market behavior remains subdued; producers are deferring new crop sales due to stagnant mid-range prices, relying heavily on domestic crush capacity while waiting for necessary improvements in global export and domestic livestock demand.

Simultaneously, severe logistical bottlenecks in the Persian Gulf threaten the global fertilizer supply chain following the closure of the Strait of Hormuz. The region, responsible for 18% of global fertilizer exports, currently holds over 40 laden vessels unable to exit. This blockage has triggered an immediate spike in nitrogen and phosphate prices and forced major global producers, including Morocco, China, and Russia, to limit their own exports to protect domestic markets. The resulting scarcity is expected to constrain global agricultural yields through the 2027 harvest.

Global weather conditions further complicate the agricultural production outlook. In the U.S., the Hard Red Winter Wheat crop in the High Plains faces detrimental impacts from persistent drought and extreme temperature volatility, including impending freezes, while the Corn Belt remains oversaturated by ongoing storms. Conversely, favorable spring conditions are reported across Europe and the Black Sea regions. In Asia, India's winter harvest benefits from dry weather, with the upcoming monsoon expected to start strong despite a developing El Niño, while China's rapeseed crop faces severe quality degradation from excessive moisture.

The April 14, 2026, closing market report details immediate commodity market pressures, long-term hydrological challenges, and polarized domestic weather patterns.

In the agricultural markets segment, Naomi Blohm reports that U.S. planting progress is slightly ahead of the five-year average, with corn at 5% and soybeans at 6%. Downward pressure on domestic grain prices is currently driven by increased Brazilian crop estimates from CONAB, placing corn at 139.57 million metric tons and soybeans at 179.15 million metric tons. This is compounded by a sharp $7 to $7.50 drop in crude oil prices tied to anticipated U.S.-Iran diplomatic talks, which reduced geopolitical risk premiums. Additionally, high fertilizer costs may incentivize a shift from corn to soybean acreage among U.S. producers.

Addressing western water rights, Eric Hunt highlights the precarious state of the Ogallala Aquifer, the primary irrigation source for the High Plains. While central Nebraska saw some moisture relief in 2024, western and southern regions continue to face strict water allocation limits due to severe groundwater declines. The situation is acute in Kansas and Texas, where aquifer depletion could force a transition away from irrigated commodity crops within a decade. Hunt notes that a quarter-century of western drought, exacerbated by rising baseline temperatures, will increasingly define agricultural viability and regional water politics.

Meteorologist Don Day confirms a stagnant weather pattern heavily favoring the eastern half of the United States. A persistent moisture pipeline is expected to deliver one to three inches of rain from Texas through the eastern corn belt over the next week, sustaining moisture in already saturated areas. Conversely, the western plains, particularly the Dakotas and western Nebraska, remain unseasonably dry. Day notes that the primary wet season for the High Plains typically arrives in late May and June, suggesting an ongoing El Niño pattern may eventually deliver necessary precipitation to currently parched western regions.

The April 13, 2026, closing market report highlighted the impact of international geopolitical tensions on agricultural commodities. Analysts noted that recent blockades involving the United States and Iran injected volatility and risk premiums into the markets, initially pushing corn and wheat prices higher while temporarily weakening soybeans. Given these built-in risk premiums, market experts recommend that producers begin executing their old and new crop marketing strategies, aiming to price at least twenty percent of their grain to capitalize on the current environment.

Domestic planting progress is advancing at a strong pace, particularly in the central and southern Midwest, with expectations of average or slightly above-average planting progress overall. However, the global conflict has raised significant long-term concerns regarding nitrogen and urea supply chains. While the vast majority of fertilizer for the current spring season was priced before the conflict escalated, analysts warn that sustained high fertilizer prices will likely limit fall applications and significantly impact acreage and crop rotation decisions for the 2027 growing season.

Weather patterns continue to present varying challenges across key agricultural regions. The western hard red winter wheat belt continues to suffer from a lack of meaningful rainfall, pushing crop conditions closer to dire levels. In the broader Midwest, the southern belt is experiencing drier conditions conducive to rapid planting, while central and northern areas remain slightly wetter. Internationally, incoming rains in Argentina are expected to slow the corn and soybean harvests, whereas the Safrinha crop areas in southern Brazil are entering a drier pattern that will soon require moisture to maintain adequate soil conditions.

Agricultural economist Bruce Sherrick analyzes the macroeconomic fundamentals that establish farmland as a highly stable, long-term investment. Farmland historically outperforms traditional equities due to its low debt leverage (approximately 13%), tax-efficient appreciation, and robust function as an inflation hedge. However, Sherrick critiques current U.S. agricultural policy, arguing that an increasing reliance on ad-hoc government subsidies, disproportionate crop insurance payouts, and tariffs artificially bolsters inefficient production regions and poses long-term economic risks. Globally, he highlights a structural mismatch between arable land and population centers, noting that future agricultural expansion must rely heavily on the Southern Hemisphere—specifically citing Brazil and Australia—to meet rising demand in rapidly growing regions like Western Africa. Despite short-term political volatility and market distortions, the underlying economic drivers of fixed land supply, inevitable demographic pressures, and global trade dynamics ensure farmland remains a resilient and appreciating asset class.

The April 9, 2026 closing market report covers agricultural commodity markets, weed control strategies, and Midwestern weather forecasts. Analyst Matt Bennett characterized the day's USDA WASDE report as largely uneventful, noting ample global corn supplies and continuing competitive pressure from South American soybean exports. University of Illinois weed scientist Aaron Hager then detailed the increasing resistance of waterhemp to Group 15 and PPO-inhibiting herbicides across the state, advising producers to consider metribuzin as a viable and cost-effective alternative for residual control. Finally, meteorologist Mike Tannura highlighted severe drought conditions currently impacting over half of the U.S. hard red winter wheat crop. He forecast upcoming rain systems that will primarily benefit eastern, lower-elevation areas of the Plains while leaving western regions dry, alongside additional precipitation expected to move into the Corn Belt during the planting season.

The April 8, 2026, Closing Market Report highlights that corn and soybean prices have decoupled from sharply lower crude oil prices following a temporary ceasefire in the Iran conflict. Analysts advise farmers to lock in current commodity prices, as large carryouts are expected unless a summer drought occurs. Concurrently, economists warn that elevated fuel and fertilizer costs driven by the Middle East conflict will likely persist into the fall, although recent bridge payments and minor commodity rallies have temporarily improved overall farmer sentiment. On the weather front, the Western United States faces long-term water supply concerns due to low snowpack, which could lead to a dry summer in the Plains, while immediate heavy rains in the Midwest threaten to delay spring planting. Internationally, agricultural weather is improving, with Argentina receiving a beneficial dry period and Brazil's safrinha corn utilizing an extended monsoon season.

The April 7, 2026 Closing Market Report highlights significant concerns regarding geopolitical tensions with Iran and their impact on agricultural commodities. Total Farm Marketing's Naomi Blohm notes that traders are squaring positions ahead of an impending deadline with Iran, closely watching crude oil resistance levels. University of Illinois agricultural economist Gerald Mashange elaborates on this "escalation trap" in the Strait of Hormuz, warning that damage to energy and fertilizer infrastructure could cause prolonged supply chain disruptions and price spikes akin to the Russian invasion of Ukraine.

In agricultural news, John Deere announced software updates complying with new Environmental Protection Agency guidelines to allow farmers temporary overrides on emissions and diesel exhaust fluid equipment during critical operational windows. 

On the weather front, Don Day from DayWeather forecasts much-needed rain for the drought-stricken winter wheat regions in the Southern Plains. This precipitation is expected to move northeast across the Corn Belt, though central and western parts of Nebraska and the Dakotas may remain largely dry.

Trading on April 6, 2026, was quiet, reflecting slight price gains in corn and soybeans alongside a dip in wheat futures. Market analysts expect the upcoming USDA WASDE report to indicate tighter corn stocks driven by strong demand, offset by a potential slight increase in soybean carryout. Geopolitical tensions continue to support commodity prices through war premiums; however, analysts warn of significant downside risks once the crop is successfully planted.

Elevated fertilizer costs, with anhydrous ammonia projected at $860 per ton for the 2027 crop, combined with record board soybean crush margins at $2.43 per bushel, strongly favor a continued shift toward soybean acreage. Despite expanding domestic crushing capacity and bullish price scenarios, weak cash basis levels act as a red flag regarding the longevity of current futures rallies. Agricultural economists advise producers to proactively hedge or secure forward contracts to lock in profitable new-crop prices—such as November soybeans at $11.50 to $11.60 and December corn near $4.80—warning that historical trends frequently show prices deteriorating before harvest.

In the U.S. Corn Belt, widespread weekend rainfall successfully replenished soil moisture, creating favorable conditions and steady soil temperatures for the upcoming planting season. Conversely, prolonged dryness remains a major concern for the Hard Red Winter Wheat regions of the Plains, with upcoming forecasts offering only scattered and localized precipitation. In South America, an active late-season weather pattern is causing minor harvest delays for corn and soybeans across Brazil and Argentina. However, the added moisture is exceptionally beneficial for the critical growth stages of Brazil's safrinha, or second crop, corn.

Ag Markets with Greg Johnson

The recent USDA prospective plantings and grain stocks reports were largely neutral for corn and slightly friendly for soybeans. Currently, the market is being driven by geopolitical headlines, with money flowing out of commodities and into equities due to expectations that Middle East tensions may ease. Significant damage to Middle Eastern infrastructure for crude oil and natural gas, a key fertilizer input, will take years to repair. This damage is expected to keep transportation and input costs elevated, contributing to inflation and likely delaying any interest rate cuts by the Federal Reserve. Because planted acreage is high enough to meet demand under normal yield conditions, future market movement will heavily depend on actual yields and the actions of investment funds, which are currently holding near-record long positions. Farmers are advised to consider pricing new crop soybeans in the mid-$11 range.

How Much Soybean Demand will the RVO Create | farmdoc

The EPA recently announced new Renewable Volume Obligations (RVOs) that will increase biomass-based diesel mandates by roughly 60% for 2026 and 2027. Meeting these new mandates will require between 50 and 60 billion pounds of feedstock, consuming approximately half of the world's total supply of fats and oils. This massive increase in domestic demand for soybean oil is expected to push US crush capacity to its absolute limit. Consequently, the US soybean market is pivoting away from exports, which are facing stiff competition from cheaper Brazilian supplies, toward domestic consumption. This transition is highly bullish for domestic pricing, supporting the farmdoc team's projection of an $11 season average cash price.

Ag Weather with Drew Lerner

In Brazil, the safrinha, or second crop corn, in the north is well-established but will rely heavily on existing soil moisture as the monsoonal rains wind down. Southern safrinha areas are currently dry but still have opportunities to catch rain from passing frontal systems. Meanwhile, in Argentina, a shift in weather patterns has brought heavy rain to previously dry areas. Parts of the country, particularly central Buenos Aires, are now too wet, stalling the sunseed harvest and creating potential quality issues. In the United States, the lower Midwest and northern Delta are expecting multiple waves of significant rain and cooler temperatures, which will likely delay early spring fieldwork. Conversely, dryland crop areas from Texas to Nebraska will see a break from extreme heat but are forecast to remain critically dry for at least another week to 10 days.

Program Overview

• Program Name: Closing Market Report
• Date of Broadcast: March 31, 2026
• Host: Todd Gleason from the University of Illinois Extension
• Network: Illinois Public Media (available online at willag.org)
• Focus: The show provides comprehensive coverage of agricultural markets, industry news, livestock updates, and weather forecasts tailored for the farming community.

Program Elements

• Ag Markets Analysis: The core of the episode focuses on the release of the USDA's Prospective Plantings and Grain Stocks reports. Host Todd Gleason details the survey results, noting a 3% decrease in intended corn acres and a 4% increase in intended soybean acres compared to the previous year. Guest Naomi Blohm from totalfarmmarketing.com provides expert analysis, explaining that the reports fell mostly within expectations and failed to trigger any dramatic market shifts, leaving corn and soybean prices relatively range-bound.
• WILLAg News Update: This segment covers several key agricultural news items:
  • The EPA's release of the final renewable fuel standard volume obligations for 2026 and 2027, which was well-received by major agricultural groups for creating demand for biofuels.
  • The EPA's action to remove problematic sensor requirements for diesel exhaust fluid (DEF) systems, aimed at preventing equipment downtime during spring planting.
  • A report by Mike Davis featuring Blaine Nelson from Farmer Mac, discussing how AI and digital technology are making farm loan underwriting faster, more transparent, and less costly.
• USDA March Hogs and Pigs Report Analysis: The program reviews the latest livestock data, highlighting a slight year-over-year increase in total hog inventory despite a drop in the breeding herd. University of Missouri agricultural economist Jason Franken provides commentary, noting that producers are relying on increased efficiency (record pigs per litter) to manage supply as they financially recover from 2023 losses.
• Honoring WWII Flying ACE "Bud" Anderson: A unique segment featuring audio from General Dan Caine, Chairman of the Joint Chiefs of Staff, honoring Colonel Clarence Emil "Bud" Anderson, a highly decorated World War II fighter pilot who recently passed away at age 102. Gleason uses the moment to encourage listeners to support and thank veterans.
• Ag Weather Forecast: The show concludes with a weather outlook from Don Day of Day Weather. Day forecasts a wet start to April with significant rainfall expected across much of the Corn Belt, heavy spring snows in the northern states, and beneficial moisture for the western U.S., though some areas in the central plains will remain dry.

The March 30, 2026, Closing Market Report details agricultural commodity performance, processing challenges, and global weather conditions.

Market Performance

• Corn and hard red winter wheat futures closed lower, while soybean futures experienced mixed results.
• Live cattle, feeder cattle, and crude oil prices finished higher, contrasting with downward movements in the S&P 500 and NASDAQ indices.

Commodity Outlook

• Market participants are positioning for the March 31 USDA prospective plantings and grain stocks reports, which will establish benchmarks for acreage and demand estimates.
• Ongoing geopolitical conflicts, specifically involving Iran, are anticipated to sustain elevated energy prices and inject broader economic volatility.
• Livestock markets currently remain supported by the approaching summer grilling season.

Beef Processing and Supply Chain

• A worker strike at the JBS processing plant in Greeley, Colorado, is forcing the reallocation of fed cattle to alternative facilities, primarily in Texas and Nebraska.
• The strike is exerting short-term pressure on fed cattle markets, with the potential to negatively impact feeder cattle prices if the disruption is prolonged.
• The broader beef industry continues to contend with packing overcapacity relative to shrinking cattle inventory, alongside long-term drought concerns in the western United States.

Global Agricultural Weather

• U.S. Plains: The hard red winter wheat crop is facing critical stress from extreme soil moisture deficits and record-high temperatures.
• U.S. Midwest: Conditions are highly favorable for summer crop planting, driven by an active weather pattern that is actively replenishing soil moisture without introducing unseasonable cold.
• Black Sea Region: Winter crop development in Eastern Europe and Russia is progressing well with improved topsoil moisture, though subsoil moisture deficits from previous dry spells remain an area to monitor.

farmdoc article | https://farmdocdaily.illinois.edu/2026/02/rewriting-the-rfs-playbook-the-impact-of-no-half-rin-and-higher-rvos-on-projected-biomass-based-diesel-production-and-feedstock-use-for-2026-2027.html

- Naomi Blohm, TotalFarmMarketing.com
- USTR Ag Negotiations and ARS Plant Path
- Don Day, DayWeather.com

- Curt Kimmel, AgMarket.net
- Bridge Payment Sign Up Opens
- Chad Hart, Iowa State Extension
- Mark Russo, EverStream.ai

- Curt Kimmel, AgMarket.net
- Ag Forum and @farmdoc Figures
- Mike Tannura, Tstorm.net

- Greg Johnson, TGM TotalGrainMarketing.com
- RP, SCO, ECO Crop Insurance Decisions
- Andrew Pritchard, NutrienAgSolutions.com

From the Land Grant University in Urbana-Champaign, Illinois this is a special edition of the Closing Market Report. Presentations from the 2025 Farm Assets Conference; Research, Outreach, and Working Together. I'm University of Illinois Extension's Todd Gleason.

The future of Illinois agriculture is in the hands of some very capable leaders. At a recent symposium, key figures from the University of Illinois College of ACES and the Illinois Corn Growers Association sat down to discuss the evolving landscape of agricultural research, extension services, and industry collaboration.

From navigating shifts in federal funding priorities to pioneering AI applications in farming, these leaders are bridging the gap between campus innovation and "muddy boots" field application.

Join us as we hear from:  
 - Matthew Van, the new Director of Extension at the University of Illinois   
 - Rodney Weinzierl, long-time leader at the Illinois Corn Growers Association   
 - Rod Johnson, Associate Dean of Research at the College of ACES 

29:50 running time

From the Land Grant University in Urbana-Champaign, Illinois this is a special edition of the Closing Market Report. Presentations from the 2025 Farm Assets Conference; Crop Sciences for the 2026 Growing Season. I'm University of Illinois Extension's Todd Gleason.

Coming up next, we dive into the outlook for the 2026 growing season with a focus on crop sciences. Join Stephanie Porter from the Illinois Soybean Association and University of Illinois entomologist Nick Seiter as they discuss the latest research on pest management, weed resistance, and innovative on-farm trials aimed at helping farmers navigate the challenges of the coming year.

32:43

From the Land Grant University in Urbana-Champaign, Illinois this is a special edition of the Closing Market Report. Presentations from the 2025 Farm Assets Conference; Why You Should Use the N-Rate Calculator. I'm University of Illinois Extension's Todd Gleason.

During the December conference we were joined by a panel of experts: John Jones, a soil fertility specialist from the University of Illinois; Gary Schnitkey, an agricultural economist also from the U of I; and Laura Gentry, of the Illinois Corn Growers Association’s.

In an era of fluctuating input costs, these three believe corn production is about maximizing profits rather than yields. Today you'll listen to them break down how the N-Rate Calculator and the Precision Conservation Management program are helping farmers protect both the local watershed and their bottom line by finding the 'sweet spot' for nitrogen applications. We'll begin with soil scientist John Jones.

54:38 running time

From the Land Grant University in Urbana-Champaign, Illinois this is a special edition of the Closing Market Report. Presentations from the 2025 Farm Assets Conference; Ag Policy Objectives and Prospects. I'm University of Illinois Extension's Todd Gleason.

Up next a critical discussion on the evolving landscape of agricultural policy and markets. This panel features KJ Johnson of the Illinois Fertilizer and Chemical Association, Brad Stotler from the Illinois Corn Growers Association, and Jonathan Coppess of the University of Illinois.

Together, we'll dive into the pressing issues facing farmers today, including:
 - Market Shifts: The transition from ethanol toward new domestic marketplaces for corn.  
 - Political Climate: The impact of record-breaking congressional retirements and shifting partisan dynamics in Washington and Springfield.  
 - Trade and Tariffs: The rising concern over fertilizer and chemical costs driven by international trade tensions.  
 - The Farm Bill: A deep look at the controversial decoupling of food assistance programs from traditional farm subsidies.

30:11 running time 

From the Land Grant University in Urbana-Champaign, Illinois this is a special edition of the Closing Market Report. Presentations from the 2025 Farm Assets Conference; BioManufacturing and the Future of Ag.  During the conference, Vijay Singh and Ismael Nieves discussed the future of precision fermentation in Illinois, focusing on the role of iFAB or the Illinois Fermentation and Agriculture Biomanufacturing Tech Hub. Vijay Singh from the University of Illinois started the conversation.

University of Illinois Agricultural Economist Scott Irwin's full presentation made during the December 2025 Farm Assets Conference.

From the Land Grant University in Urbana-Champaign, Illinois this is a special edition of the Closing Market Report. Presentations from the 2025 Farm Assets Conference; Trade, Transportation and Global Markets. 

University of Illinois Agricultural Economist Nick Paulson's full presentation made during the December 2025 Farm Assets Conference.

University of Illinois Agricultural Economist Brittney Goodrich's full presentation made during the December 2025 Farm Assets Conference.

University of Illinois Agricultural Economist Joe Janzen's full presentation made during the December 2025 Farm Assets Conference.