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.
Monday, July 11th, 2022- John Heinberg and Eric Snodgrass
On Monday, we saw the corn and soybean markets add more weather risk premium in with decent strength on the day. We were off the overnight highs as we saw wheat turn to the downside amid a new high in the U.S. dollar. The markets turn their attention to Monday afternoon's Crop Progress report and more importantly Tuesday's July WASDE report from USDA. Livestock market were mostly mixed on the day with cattle moving higher. We discuss the markets with John Heinberg of Total Farm Marketing. Learn more at https://www.totalfarmmarketing.com.
Then, we take a look at the weather forecast including rains in Iowa, Nebraska and South Dakota earlier this morning and the hot/dry forecast for this week. Eric Snodgrass of Nutrien joins to discuss on today's show. Sign up for Eric's daily weather newsletter for free here: https://info.nutrien.com/snodgrass_weather
Midday Commentary- 7/11/22- Arlan Suderman
Corn and soybeans have tried to put back on some weather risk premium while wheat has moved lower in the face of new highs in the U.S. dollar today. Livestock are mostly cautious to higher in cattle. We discuss the markets with Arlan Suderman of StoneX.
Midday Commentary- 7/12/22- July WASDE Recap with Arlan Suderman
The July WASDE report is now out from USDA and it appears to be pretty much as expected. The grains and oilseeds though continue to take a beating from the outside markets on Tuesday while livestock is firm to higher in feeder cattle. We discuss the report and more with Arlan Suderman, Chief Commoditties Economist at StoneX.
Tuesday, July 12th, 2022- Matt Bennett and Curt Covington
On Tuesday, we saw the USDA July WASDE report get released and it came in pretty much as expected. However, the markets didn't really react at all to the report as outside market pressure hammered grain and oilseeds on the day. We discuss what is going on in the trade and recap the July numbers with Matt Bennett of AgMarket.net.
Also, more than 40% of U.S. farmland is owned by people older than 65 and 3% are owned by foreign investors, which means younger generations are facing a real estate barrier to enter the agriculture industry as farmland prices surge and rising interests rates lead to more expensive mortgages. Curt Covington, senior director of partner relations at AgAmerica, joins Jesse Allen to discuss this topic. Learn more at https://www.agamerica.com.
Wednesday, July 13th, 2022- Mike Zuzolo, Greg Tylka and Arlan Suderman
We saw a hot inflation number this morning with the release of the CPI index. Inflation and money flow continues to be a factor as well as weather, supply and demand fundamentals and more. We try to bridge the macro and micro factors in the ag trade today with Mike Zuzolo of Global Commodity Analytics. Learn more at https://www.globalcommresearch.com
Also, in segment one we share our Midday Commentary with Arlan Suderman of StoneX and get his thoughts on the CPI numbers and more.
Then at the end of the show; soybean cyst nematode (SCN) is a big problem for soybean growers across the country. It can be a very costly, yield robbing pest that we need to be aware of and watch out for closely. Iowa State University nematologist Greg Tylka joins us to explain what to look for and why it’s important to do a SCN root check. Learn more at https://www.thescncoalition.com.
Thursday, July 14th, 2022- John Heinberg
Thursday saw fairly mixed trade action in the grains and livestock as it continues to be a battle between macros and micros, weather risk and money flow, etc. We discuss the markets today with John Heinberg of Total Farm Marketing. Learn more at https://www.totalfarmmarketing.com. Today's show brought to you by Growmark/FS; https://www.growmark.com.
Also today, we are broadcasting live from the Corteva Agriscience Summer Media Day in Johnston, IA. We're gonna talk new corn products with Adam Theis of Corteva and also a new drought stress product with Ryan Ridder of Corteva on today's show.