Closing Market Report

Todd E. Gleason
  • 5.0 (1)
  • MARKETING
  • UPDATED DAILY

Established 1985 The Closing Market Report airs weekdays at 2:06pm central on WILL AM580, Urbana. University of Illinois Extension Farm Broadcaster Todd Gleason hosts the program. Each day he asks commodity analysts about the trade in Chicago, delves deep into the global growing regions weather, and talks with ag economists, entomologists, agronomists, and others involved in agriculture at the farm and industry level. website: willag.org twitter: @commodityweek

  1. 2 DAYS AGO

    Apr 24 | Closing Market Report

    - Mike Zuzolo, GlobalCommResearch.com- WILLAg News | Data Center Moratorium & USDA's TOTAL- Eric Snodgrass, NutrienAgSolutions.com 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. ★ Support this podcast ★

    21 min

  2. 3 DAYS AGO

    Apr 23 | Closing Market Report

    - Matt Bennett, AgMarket.net- County Governments Dealing with Data Centers- Mike Tannura, Tstorm.net ★ Support this podcast ★

    24 min

  3. 4 DAYS AGO

    Apr 22 | Closing Market Report

    - Greg Johnson, TGM TotalGrainMarketing.com- WILLAg News | Farm Bill, Farm Workers, and Earth Day- Drew Lerner, WorldWeather.cc ★ Support this podcast ★

    24 min

  4. 5 DAYS AGO

    Apr 21 | Closing Market Report

    - Naomi Blohm, TotalFarmMarketing.com- WILLAg News Update | Gummies and Data-Centers- Dave Chatterton, SFarmMarketing.com Ag Energies- Don Day, DayWeather.com ★ Support this podcast ★

    24 min

  5. 6 DAYS AGO

    Apr 20 | Closing Market Report

    - Curt Kimmel, AgMarket.net- Use 10oz of Metribuzin on Waterhemp- FAPRI Cautions RVO Soybean Push - 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. ★ Support this podcast ★

    24 min

  6. 17 APR

    Apr 17 | Closing Market Report

    - Mike Zuzolo, GlobalCommResearch.com- Eric Snodgrass, NutrienAgSolutions.com 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. ★ Support this podcast ★

    20 min

  7. 16 APR

    Apr 16 | Closing Market Report

    - Matt Bennett, AgMarket.net- WILLAg News | SAF Market Development & Year-Round E15- Using Metribuzin to Manage Group 15 Resistant Waterhemp - 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. ★ Support this podcast ★

    24 min

  8. 15 APR

    Apr 15 | Closing Market Report

    - Greg Johnson, TGM Total Grain Marketing- How Delayed Fertilizer Shipments Threaten 2027 Yields- Drew Lerner, World Weather Inc 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. ★ Support this podcast ★

    24 min
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About

Established 1985 The Closing Market Report airs weekdays at 2:06pm central on WILL AM580, Urbana. University of Illinois Extension Farm Broadcaster Todd Gleason hosts the program. Each day he asks commodity analysts about the trade in Chicago, delves deep into the global growing regions weather, and talks with ag economists, entomologists, agronomists, and others involved in agriculture at the farm and industry level. website: willag.org twitter: @commodityweek

Information

  • Creator
    Todd E. Gleason
  • Years Active
    2015 - 2026
  • Episodes
    1.1K
  • Rating
    Clean
  • Copyright
    © University of Illinois
  • Show Website
    Closing Market Report

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