Market Talk

Jesse Allen

Bringing you the agriculture marketing information you need, daily! Hosted by farm broadcaster and media personality Jesse Allen; tune in as we talk with various marketing experts about the market trade and suggestions for marketing.

  1. 1d ago

    Monday, October 5th, 2026- John Heinberg, Mike Minor and Eric Snodgrass

    John Heinberg of Total Farm Marketing joins Market Talk on Monday, October 5, to break down a choppy start to the first full week of October. Grains finished off their highs as harvest pressure showed up, wheat led the way, and cattle gave back some ground while hogs held up better. John covers what he is hearing ahead of Friday’s October WASDE report, where corn and soybean yield could land, why soybean basis is jumping in the western Corn Belt, how corn export shipments compare with lagging export sales, what a stronger Brazilian real could mean for soybean competition, and where cattle and hog futures could go from here. Mike Minor of Professional Ag Marketing joins Market Talk on Monday, October 5, as grains and oilseeds started the week with solid money flow while cattle and hogs were quieter. Mike covers what drove soybeans higher, including a stronger Brazilian real and hot demand for soybean oil. He talks harvest progress and early yield reports in the Northwest Corn Belt, what he expects from Friday’s USDA WASDE report, and why large fund positions could add risk to the corn market. He also explains why he sees pork’s problem as demand rather than supply, and why expensive feeder cattle are pinching feedlot margins even as beef demand holds up. Harvest season is rolling, but the western Corn Belt is still drying out after record September rain. Nutrien Ag Solutions' Eric Snodgrass joins Market Talk for the weekly weather update to break down the harvest window through Oct. 12, a possible snow event in the northern Rockies, a quiet Atlantic with a Gulf disturbance to watch, Lake Powell water levels, how a strong El Nino could reshape the drought map, and Brazil planting conditions. More weather from Eric: agweather.com

  2. 4d ago

    Friday, October 2nd, 2026- Mike Castle, Scott Varilek and Robin Schmahl

    USDA's September 30 Grain Stocks report delivered an ugly surprise for corn, diesel is flirting with record highs, and rate hike expectations are swinging week to week. StoneX Senior Commodities Economist Mike Castle joins Jesse Allen on Market Talk to sort through what it all means for farmers and ranchers. Mike breaks down why USDA's feed and residual number has been such a puzzle, how old-crop corn stocks climbed back above 2 billion bushels, and what still supports demand in the year ahead. He also walks through charts on corn feed demand per animal unit and the corn to diesel ratio, explains how tight distillate stocks and Middle East disruptions are squeezing margins, and shares his view on inflation, the Fed and how all of it reaches the rural economy. He closes with risk management advice, including where fertilizer affordability stands heading toward spring 2027. Cattle are stuck in neutral, hogs are digesting a surprising report, and corn funds are heading for the exits as harvest rolls in. Scott Varilek of Kooima Kooima Varilek in Sioux Center, Iowa, also joins Jesse Allen on today's Market Talk to break down the livestock and grain markets heading into the fourth quarter. Scott covers the split between southern and northern cash cattle trade, what plant closures mean for family feeders who want to negotiate cash, why the Choice/Select spread is widening at an unusual time, and how consolidation and beef on dairy are reshaping the way cattle get sold. He also weighs in on the Hogs and Pigs report, sluggish pork demand, harvest delays from wet weather, and what record fund length and a bigger corn stocks number could mean for the short term. Also to close the show, we get an update from Susan Littlefield at World Dairy Expo this week in Segment Four as she gets analysis of the dairy markets with Robin Schmahl from AgMarket.net.

Ratings & Reviews

5
out of 5
5 Ratings

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Bringing you the agriculture marketing information you need, daily! Hosted by farm broadcaster and media personality Jesse Allen; tune in as we talk with various marketing experts about the market trade and suggestions for marketing.

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