Market Talk

It's a mixed day of markets as we resume normal trading after the three-day weekend. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss the grain, livestock and outside market factors to watch today and this week ahead.

On Friday, ahead of the holiday weekend, we saw a quieter day overall in the markets with mixed action in grains and livestock. The outside markets seemed to stabilize a bit as well with some strength in gold, silver, etc. Tommy Grisafi with AgBull Media and Nesvick Trading Group joins us for some perspective across the markets into the President's Day weekend. More at https://www.agbull.com. It has been a much quieter week in the cattle markets as we head to a three-day holiday weekend, with cash trade relatively slow this week. Are we nearing a point where we should be concerned? Is the proverbial "check engine light" on in the cattle market? How about the weaker week in the hog trade? Joe Kooima with Kooima Kooima Varilek joins us to discuss. Learn more at https://www.kkvtrading.com. Also, we share part of the conversation that Susan Littlefield had earlier this week with Darren Frye from Water Street Solutions in Segment Four of today's show.

Markets are much quieter heading into the three day holiday weekend than they were earlier this week. Arlan Suderman with StoneX joins us to break it all down at midday Friday.

Post USDA WASDE report, what is the new lay of the land in terms of grain and livestock market data? How is this going to impact fundamentals along with policy issues, weather, acreage and more? Mike Zuzolo with Global Commodity Analytics joins us to break it all down on today's show. Find more at https://www.globalcommresearch.com. Also, we spend time today at the National Farm Machinery Show in Louisville, KY! We talk in Segment One with Craig Lee from Geringhoff and then in Segment Four with Brad Beene from Amazone about products they have on display at this year's show.

Mixed action in the markets on Wednesday. Arlan Suderman with StoneX joins us to talk grains, livestock and outside markets at midweek.

On Tuesday, USDA released the February 2026 WASDE report and showed minimal changes as expected. Changes included some revisions to the U.S. ending stocks for corn and wheat along with Brazil soybean production being raised. Arlan Suderman, Chief Commodities Economist at StoneX joins us to break down the numbers in our Market Talk Midday Commentary.

We saw a quiet start to the week in the grain and livestock markets as the grains prep for the February WASDE Report tomorrow. John Heinberg from Total Farm Marketing joins us for a conversation. Also, we get an update on the weather forecast for the week ahead with Eric Snodgrass from Nutrien Ag Solutions and listen in to a conversation from last week during CattleCon 2026 with Kara Lee, Director of Producer Engagement, Certified Angus Beef.

We see a quiet and mixed trade to start the week in the ag sector while the outside markets watch the latest happening in Japan. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss in our Midday Commentary.

It was a volatile week of trading in the cattle markets with the JBS Greeley, CO news on Thursday followed by more red hot cash cattle trade on Friday that helped support a decent futures rally. Scott Varilek with Kooima Kooima Varilek joins us to share perspective on the livestock markets and a bit on the grains as we finish up the week. More at https://www.kkvtrading.com. Meanwhile, it was a strong week for the soybean complex although Friday did bring a round of profit taking and farmer selling it seems as we finished well of session highs. The corn and wheat markets continued to struggle with more quiet, rangebound trade. And, we also get thoughts on beef on dairy but looking at it from the dairy side of the equation with Bryan Doherty, Senior Market Advisor with Total Farm Marketing. Find more online by visiting https://www.totalfarmmarketing.com.

We spent the final day of Cattle Con 2026 in Nashville by having some conversations about the current state of the cattle markets, beef industry, demand and more. In Segment One, we talk with Dr. Derrell Peel from Oklahoma State University followed by Paul Dykstra from Certified Angus Beef in Segment Two. Then, we finish the show with a live episode of Cattle Chatter direct from the trade show floor as Susan Littlefield talks again this week with Brad Kooima from Kooima Kooima Varilek. Special thanks to Corteva Agriscience for having us in their booth for the live taping of this week's Cattle Chatter conversation.

On Wednesday afternoon, we spent time with the team at Farm Credit on the trade show floor during the Cattle Industry Convention in Nashville, TN. We discussed the current state of the cattle economy and conversations you should be having with your lenders in 2026. We also talk with Brian Earnest, livestock economist with CoBank, about consumer meat demand and more. Farm Credit show guests include: -Josh Davis, Vice President of Food & Agribusiness with Farm Credit Mid-America -Todd Moore, Senior Credit Officer, Farm Credit Mid-America -Fallon Savage, Senior Vice President of Corporate Credit with Farm Credit Services of America, Frontier Farm Credit, and AgCountry Farm Credit -Landon Nelson, Vice President of Livestock Insurance with Farm Credit Service of America

There is a lot going on in the markets this week from 45Z and biofuels news to US/China relations, the Greeley, CO JBS plant strike potential and much more. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to discuss the week in the markets and Friday's trade action in our Midday Commentary.

We discuss 45Z news, market reaction and thoughts across the grain and livestock sector on Tuesday with Arlan Suderman, chief commodities economist with StoneX.

We are spending time at AgMarket.net's Farming for Profit, Not Price conference in Nashville, TN this week. On today's show, we get started with Eric Snodgrass from Nutrien Ag Solutions with our Weekly Weather Update in person followed by a conversation with Brian Burke, President of John Stewart & Associates, who shares thoughts on the amount of unpriced corn in farmers hands. Then, we review last week's Cattle Inventory Report with Tyler Schau from AgMarket.net followed by a look into the company's mobile app and resources for farmres with Jacob Burks from AgMarket.net.

We find a higher day in livestock, cattle particularly, and a mixed to lower day in the grains and oilseeds on Monday. Arlan Suderman with StoneX joins us to discuss in our Midday Commentary.

Grain and livestock futures were under selling pressure to close out the month of January while metals, stocks and more were down even harder on Friday. Bryan Doherty with Total Farm Marketing joins us to share perspective on the finish to the week and month, thoughts on farmers selling small rallies in the grain trade, an update on a volatile dairy market and more. Find more at https://www.totalfarmmarketing.com. Friday's futures trade brought some heavy selling pressure in feeder cattle with some spilling over to live cattle ahead of the Cattle Inventory Report release. Joe Kooima with Kooima Kooima Varilek joins us to discuss what he's seeing at month's end, thoughts in lean hogs and some grain market perspective as well. More at https://www.kkvtrading.com.

Markets are mostly lower at midday Friday as we close out the month of January. Arlan Suderman, Chief Commodities Economist with StoneX, joins us to discuss the new Producer Price Index data along with the new Fed Chair nominee, end of month grain and livestock trade and much more.

It was a mixed day in the markets on Thursday with outside markets like crude oil and metals seeing most of the action. As we wrap up the month of January and see corn and soybeans moving up against resistance, is it time to get defensive with your risk management and marketing? Kristi Van Ahn-Kjeseth with Van Ahn & Company joins us to talk about that and more on today's show. Find more at https://www.vanahnco.com. Also in Segment One, we listen to our Midday Commentary audio with Arlan Suderman from StoneX who shares thoughts on crude oil, Middle East tensions, the U.S. dollar drop and much more.

We saw the grain markets mostly higher on Wednesday, led by soybeans and wheat, while cattle also had a mostly higher day. Mike Zuzolo with Global Commodity Analytics joins us to discuss the trade action, the latest rate decision by the Federal Reserve, the impact of a lower dollar on commodities and much more. Find more at https://www.globalcommresearch.com. Also, we hear from Mark Lucas at StoneX to start the show from our Midday Commentary and then we share a conversation between Susan Littlefield and Don Roose from U.S. Commodities to close the show in Segment Four.

It was a quiet day of trade in the markets on Tuesday as grains were mostly lower and the livestock complex was choppy to higher. Tyler Schau with AgMarket.net joins us for a wide ranging conversation as we look at market sentiment, talk cash basis and much more. Find more at https://www.agmarket.net. We also hear from Susan Littlefield who talks with Mike Castle at StoneX for market perspective to open the show.

It was a strong day for dairy and cattle to start the week while the grain trade was mostly lower to start the week. John Heinberg with Total Farm Marketing joins us to discuss what he's seeing across the markets as we start off the week of trading. More at https://www.totalfarmmarketing.com. Many part of the U.S. are experiencing frigid temperatures this week, on top of a massive winter storm that brought snow, ice, power outages and more for many across the country (Jesse Allen included). For our Weekly Weather Update with Eric Snodgrass from Nutrien Ag Solutions, Jesse shares a firsthand look at what his backyard looks like and they talk about when this pattern may change and start to thaw folks out. More at https://www.ag-wx.com.

We saw a mostly higher day in grain and livestock futures on Friday as the week of trade felt largely like a week of market consolidation. Scott Varilek with Kooima Kooima Varilek out of Sioux Center, IA joins us to recap this week's trade action including perspective on the cattle complex, winter weather impacts, grain trade, the U.S. dollar index and much more. Find more at https://www.kkvtrading.com. Bovine respiratory disease (BRD) caused by Mannheimia haemolytica (Mh) is the primary cause of bacterial pneumonia and death for feedlot cattle. In fact, 75% of BRD cases are caused by Mh.1 Protecting cattle from BRD infection is critical to safeguarding both cattle health and operational profitability. Dr. Jeremi Wurtz, an Elanco beef technical consultant, joins us to discuss how producers and feedlot operators can protect cattle from BRD and managing our herd through severe winter weather.

We saw strong weekly export sales numbers on Friday morning while grain and livestock trade is largely in consolidation mode to slightly higher. Arlan Suderman, Chief Commodities Economist at StoneX, joins us to share his perspective in our Midday Commentary for Friday, January 23rd, 2026.

We saw a mixed grain and livestock trade on Thursday as wheat was the upside leader. Bryan Doherty with Total Farm Marketing joins us to discuss potential winter weather impacts on wheat, perspective on the current state of the soybean market, along with a look at cattle and dairy markets as well. Find more online by visiting https://www.totalfarmmarketing.com. Also, it's a new episode of Cattle Chatter this week with Susan Littlefield and Brad Kooima from Kooima Kooima Varilek. This week on the show, they break down the softer feeder index, weather that may not yet be fully priced in as snow and colder temperatures arrive late this week, and what Friday's Cattle on Feed report could reveal about tighter supplies moving forward. Find more at https://www.kkvtrading.com.

A mixed to higher day is being seen across grain and livestock trade at midday Thursday while word out of Washington D.C. is that E-15 language is not included in government funding legislation. We touch on that and more with Arlan Suderman, Chief Commodities Economist at StoneX.

Soybeans and soybean oil saw good strength to the upside on Wednesday while the overall 2026 acreage debate seems to be ramping up amid other conversations in agriculture. Mike Zuzolo with Global Commodity Analytics joins us for today's wide-ranging conversation on the grain, livestock and outside markets. More at https://www.globalcommresearch.com.

Soybeans are the star of Wednesday's trade as the world watches comments from President Trump in Davos regarding Greenland. We get perspective on that and more in today's Midday Commentary with Arlan Suderman from StoneX.

Plenty of outside market volatility was seen on Tuesday amid the geopolitical headlines running wild the last several days. Meanwhile, it was a quieter day in grains and livestock to start the short trading week. Matt Bennett from AgMarket.net joins us to discuss what he is hearing from farmers, managing our risk moving towards spring planting and more. Find more online at https://www.agmarket.net. We wrap the show in Segment Four with a look at what could be a wild week ahead for weather as Eric Snodgrass joins us for our Weekly Weather Update. More at https://www.ag-wx.com.

Markets are closed on Monday for the Martin Luther King Jr. Day holiday. We recap Friday's tough day in the cattle markets to start the show with part of our conversation with Joe Kooima from KKV Trading. Then, we listen back to our recent conversation on nitrogen with David Chaffin from Ever.Ag. Learn more online at https://www.ever.ag/nitrogen.

Newly reported New World Screwworm cases in Mexico on Thursday and words of warning from Texas ag officials found their way into cattle market sentiment and trade on Friday as we had a sharply lower day in feeder and live cattle futures. Meanwhile, the hog market continues to find support while grains finished the week on a quieter note. Joe Kooima with Kooima Kooima Varilek out of Sioux Center, IA joins us to recap Friday's trade and look ahead to the three day holiday weekend. Learn more at https://www.kkvtrading.com. Also, we get market perspective on Friday's program from Shawn Hackett with Hackett Financial Advisors. He joins us to discuss where the grain markets go from here now that we've digested the USDA numbers along with thoughts on weather, outside markets and more. Find more online by visiting https://www.hackettadvisors.com.

Grain markets are ending the week on a much quieter, more positive note Friday while the cattle market struggles with rumors regarding New World Screwworm. Arlan Suderman with StoneX joins us for analysis in our Midday Commentary for Friday, January 16th, 2026.

Soybeans saw decent strength on Thursday with another large crush number out from NOPA along with good export sales numbers. Meanwhile, the corn market continues to struggle under the weight of USDA's big surprises from Monday. Was corn silage the main culprit as to why we saw a large shock in harvested corn acres? That's one of many topics we discuss today with Bryan Doherty from Total Farm Marketing. More at https://www.totalfarmmarketing.com. Also, we start the show with market analysis from Mike Castle with StoneX and follow that up in Segment Two with a brand new episode of Cattle Chatter. FARM's Susan Littlefield is joined again this week by Brad Kooima from Kooima Kooima Varilek for a deep dive into the cattle markets.

Many in agriculture are continuing to digest Monday's USDA data, how some of the numbers came to be and where these markets go from here moving forward. We dive in to some of the numbers, look at various correlations between various markets and touch on the cattle markets this week with Mike Zuzolo from Global Commodity Analytics. More at https://www.globalcommresearch.com. Also, we get some grain market analysis and thoughts on geopolitical impacts to the fertilizer markets on today's show as Mike Castle with StoneX joins us for an update as well.

It was a quieter day in the grain markets as we continue to digest the bearish USDA data that was released on Monday. Brian Splitt with AgMarket.net joins us to share perspective, talk chart action and more on today's show. Sign up for their upcoming conference and learn more at https://www.agmarket.net. Also, as more farmers are storing grain for longer periods of time, bugs and pests can become a problem. We talk about some products and ways to protect your grain quality for longer periods with John Mays, Senior Director, Specialty Ag, Central Life Sciences. Learn more at https://www.bugfreegrains.com.

On Monday, USDA released a ton of data with it's January report dump and most people were of the opinion that the numbers were bearish for the market outlook moving forward. We discuss the surprising changes to corn yield, harvest area, ending stocks and so much more on today's show. John Heinberg with Total Farm Marketing shares his reaction and analysis of today's reports. Find more at https://www.totalfarmmarketing.com. Plenty of weather storylines to watch this week across the U.S. and around the world, including cold and snow for some and dryness for others. But how about a long term idea that maybe, El Nino could return in 2026? That's one of many things we talk about with Eric Snodgrass from Nutrien Ag Solutions on this week's Weekly Weather Update. More at https://www.ag-wx.com. We also start the show in segment one with reaction to the January USDA numbers from Arlan Suderman, Chief Commodities Economist at StoneX.

A slew of data, plenty of changes and a lot of unfriendly numbers for the markets according to USDA's January reports. Arlan Suderman, Chief Commodities Economist at StoneX, joins us for reaction to the newly released USDA January data.

As we close out the week of trade, we see a fairly quiet grain trade as it seems we are gearing up for Monday's USDA data dump. We preview what the USDA reports could look like (including potential surprises), discuss risk management and more with DuWayne Bosse from Bolt Marketing. Find more online at https://www.boltmarketingllc.com. Are some unfounded rumors about a potential dairy buyback program impacting the broader cattle and livestock complexes to end the week? Also, what could the impact of Monday's USDA data be on livestock markets? Joe Kooima with Kooima Kooima Varilek joins us to discuss. Find more online by visiting https://www.kkvtrading.com.

The Supreme Court did not rule on the use of tariffs as widely expected this morning, what is the market reaction? Arlan Suderman with StoneX joins us to discuss that, preview Monday's USDA reports and more.

The grain markets seemed to get quiet on Thursday as traders prepare for USDA large data release on Monday. What are some of the key things to watch for next week? How is weather impact winter wheat in the plains? And what about feed needs for cattle, how is that impacting the trade? Bryan Irey with Crossroads Coop joins us to discuss on today's show. Also, Brad Kooima with KKV Trading is back this week for a new episode of Cattle Chatter with our own Susan Littlefield. We'll get there take on this week's cattle trade at the end of the show.