Todd E. Gleason🎙🇺🇸

peace, love, markets, weather, technology for the farming world online at & | journalist | tweets are my own

[Todd E. Gleason🎙🇺🇸 @commodityweek]

Oct 23 | Closing Market Report | Closing Market Report https://t.co/q73uZH3slS

[Todd E. Gleason🎙🇺🇸 @commodityweek]

Oct 22 | Commodity Week | Commodity Week https://t.co/ugLdLk2cRE

In this October 22 edition of Commodity Week, host Todd Gleason and panelists Ted Seifried and Mike Castle examine the recent sluggish price action in the corn and soybean markets. The conversation highlights a recent surge in U.S. export sales largely driven by Chinese purchases and an unexpected flash sale to Spain, though the analysts express concern over lagging non-China global demand. Domestically, they emphasize that robust soybean crush demand, fueled heavily by the biofuel sector, has maintained unexpectedly strong basis levels during the harvest window. The panel concludes by evaluating how macroeconomic factors, such as inflation and Federal Reserve interest rate policies, alongside South American weather conditions, will likely dictate future commodity price movements.

Panelists
- Mike Castle, StoneX
- Ted Seifried, Zaner Ag Hedge

[Todd E. Gleason🎙🇺🇸 @commodityweek]

Oct 22 | Closing Market Report | Closing Market Report https://t.co/cP2fgieRKD

This edition of the Closing Market Report begins with commodity market analysis by Matt Bennett, who discusses recent soybean sales and variable corn yield reports impacting prices. The program then transitions to an agricultural news update covering a potential USDA harvest fuel relief program and ongoing Senate negotiations to pass a farm bill before the year ends. A feature segment by Hope Kirwan explores Sargento's development of a new natural American cheese designed to replicate the melt of processed cheese without using artificial emulsifiers. Finally, Mike Tannura provides a comprehensive agricultural weather forecast detailing wet conditions for hard red winter wheat, dry harvest weather in the eastern Corn Belt, and heavy rains across Brazil and Argentina driven by a strong El Niño.

01:39 Ag Markets with Matt Bennett, AgMarket
07:23 WILLAg News Update
10:40 A New American Slice for your Toasted Cheese
15:34 Ag Weather with Mike Tannura, Tstorm Weather

[Todd E. Gleason🎙🇺🇸 @commodityweek]

Oct 21 | Closing Market Report | Closing Market Report https://t.co/ma4nv2I1D8

The October 21, 2026, Closing Market Report covers late-stage corn and soybean harvest progress with Greg Johnson, noting strong soybean yields but disappointing corn returns due to lower prices and high input costs. Soil scientist Sam Indorante discusses the significance of resampling Illinois' oldest soil test site from 1861 to measure agricultural impacts over time. Finally, Drew Lerner provides a global weather outlook, highlighting beneficial moisture moving into dry regions of the US Corn Belt, Western Europe, and Australia.

01:06 Ag Markets with Greg Johnson, Total Grain Marketing
10:17 Resampling 1861 Prairie Site to Measure Soil Change
18:27 Ag Weather with Drew Lerner, World Weather Inc.

[Todd E. Gleason🎙🇺🇸 @commodityweek]

"Diesel fuel prices for agricultural use in Illinois have reached a record high. Those higher prices are estimated to raise fuel and oil costs on Central Illinois grain farms with high land productivity to $28 per acre for corn and $24 per acre for soybeans, up $6 and $5 per acre, respectively, from 2025 costs." - read more on the @farmdocdaily website.

https://t.co/0by4u5O0zG

[Todd E. Gleason🎙🇺🇸 @commodityweek]

Oct 20 | Closing Market Report | Closing Market Report https://t.co/ElLsK2Nn35

The October 20, 2026, edition of the Closing Market Report covers commodity market trends, the value of soil science, and regional agricultural weather. Brian Beckler of Total Farm Marketing analyzes recent fund liquidation and harvest pressure affecting corn and soybean prices, noting that long-term bullish factors like the Russia-Ukraine conflict and strong demand could eventually drive a market recovery. Next, soil scientist Kevin McSweeney discusses his career transition from studying land reclamation in Illinois strip mines to evaluating how agricultural practices alter soil profiles over time, emphasizing the importance of detailed soil surveys. Finally, Don Day of Day Weather provides a forecast detailing dry, warm conditions favorable for harvesting across the Corn Belt, with most near-term precipitation limited to the western United States.

01:30 Ag Markets with Brian Beckler, Total Farm Marketing
08:44 A Soil Science Journey
21:30 Ag Weather with Don Day, Day Weather

[Todd E. Gleason🎙🇺🇸 @commodityweek]

Oct 19 | Closing Market Report | Closing Market Report https://t.co/UNQuF3D53D

This edition of the Closing Market Report covers commodity market movements, supply and demand estimates, and agricultural weather forecasts. Agricultural economist Ben Brown of the University of Missouri reviews disappointing September soybean crush numbers from NOPA, muted Chinese export demand following recent bilateral talks, and the impact of heavy managed money fund liquidation across corn, soybeans, and wheat. Former USDA Chief Economist Seth Meyer analyzes whether last year's record corn crop was overstated, examining how statistical discrepancies in the feed and residual category obscure actual domestic disappearance, alongside emerging shifts in consumer meat demand driven by GLP-1 medications. Finally, Mark Russo of Everstream Analytics details a warm, dry forecast across the Corn Belt that will accelerate harvest progress while keeping soil temperatures above the 50-degree threshold required for fall anhydrous ammonia applications, alongside favorable planting conditions in South America.

00:45 Commodity Markets Discussion with Ben Brown, University of Missouri
12:49 Crop Size and Feed Usage, a Question or Two
20:44 Ag Weather with Mark Russo

[Todd E. Gleason🎙🇺🇸 @commodityweek]

Oct 16 | Closing Market Report | Closing Market Report https://t.co/xKbj9WHScz

The October 16th edition of the Closing Market Report, hosted by Todd Gleason, provides an overview of agricultural markets, shifting consumer demands, and weather forecasts. Market analyst Mike Zuzolo discusses recent trends in the commodity markets, highlighting the influence of inflation, the value of the dollar, and new European export routes on crop prices. The program also features insights from CoBank's Brian Earnest, who explains how the increasing use of GLP1 medications is altering meat consumption, driving demand for protein-dense, leaner beef cuts and poultry. Finally, Eric Snodgrass offers an agricultural weather update, detailing a recent cold front across the Corn Belt, the upcoming harvest window, and the anticipated effects of a strong El Niño winter on both North and South American agriculture.

01:15 Ag Markets with Mike Zuzolo, Global Commodity Analytics and Consulting
07:53 GLP1s and Demand for Animal Proteins
10:59 Ag Weather with Eric Snodgrass, Nutrien Ag Solutions

[Todd E. Gleason🎙🇺🇸 @commodityweek]

Oct 15 | Commodity Week | Commodity Week https://t.co/RpU2N3lcL6

The October 15 edition of Commodity Week, hosted by Todd Gleason, features agricultural market analysts Naomi Blohm, Chip Nellinger, and Mike Zuzolo discussing current supply and demand fundamentals. The panel explores the potential breakout of crude oil prices amid Middle East tensions and its subsequent impact on inflation, fertilizer costs, and local grain basis. Furthermore, the experts analyze market reactions to recent USDA crop yield reports, the shifting of commodity fund positions away from massive longs, and the importance of monitoring South American weather and the Brazilian Real. The program concludes with updates on delayed domestic winter wheat planting and a recent surge in Class III milk futures driven by holiday cheese demand.

Panelists
- Naomi Blohm, Total Farm Marketing
- Chip Nellinger, Blue Reef Agri-Marketing
- Mike Zuzolo, GlobalCommResearch .com

[Todd E. Gleason🎙🇺🇸 @commodityweek]

Oct 15 | Closing Market Report | Closing Market Report https://t.co/FRV45LXwpr

The October 15, 2026, edition of the Closing Market Report opens with commodity market updates, noting lower closes for corn, soybeans, and wheat. Matt Bennett of AgMarket discusses completing harvest in central Illinois, rapid crop dry-down, local yield results, and current technical price pressures facing both corn and soybean futures. Jim McCormick highlights AgMarket's growth, including its rebrand and transition to becoming a guaranteed introducing broker clearing through StoneX, alongside its brokerage, consulting, and crop and livestock insurance services. A report from Stephanie Hoff and CoBank analyst Billy Roberts details how soaring cocoa prices, reduced sugar beet acreage, and pest pressures are pushing candy makers toward ingredient reformulation and smaller packages to combat consumer sticker shock. Finally, Mike Tannura of Tstorm Weather delivers an agricultural weather outlook, analyzing rain-delayed winter wheat planting in the Southern Plains, favorable harvest windows across the Corn Belt, and the broader impacts of a strong El Niño pattern on soil moisture and crops across Brazil and Argentina.

[Todd E. Gleason🎙🇺🇸 @commodityweek]

Conab Brazil 1st Grain Survey of the new crop year was just released. Here is a Google translated excerpt of the Conab website information.

According to the company's research, soybean production could reach 181.6 million tons, exceeding the result obtained in the last harvest by 0.7%. This volume is influenced by a 1.4% growth in the area to be sown, projected at 49.3 million hectares. With 15.6% of sowing completed at the beginning of October, the oilseed crop shows 57% of that percentage in vegetative development. In Mato Grosso and Paraná, the largest grain producers in the country, the percentages recorded for the sown area are 25.2% and 36%, respectively.

The projected area for corn planting also shows an increase, estimated at 23.7 million hectares, a value 4.9% higher than the 2025/26 cycle, considering the three harvests of the cereal. The total volume of grain production could reach 148 million tons, 2.4% above that of the previous harvest. The first harvest is expected to register the largest growth in area, totaling 4.54 million hectares, with an increase of 10.7% compared to the previous period. In the Southern region, the area sown by October 9th had already approached 80% in the three states, reaching the greatest progress in Santa Catarina, corresponding to 79.9%.

Soybean exports are estimated at 117.97 million tons, representing an increase of approximately 1.51% compared to the previous harvest, equivalent to an increase of 1.76 million tons. For soybean meal shipments, Conab forecasts a 3.06% increase, resulting in an estimated 27.1 million tons sent abroad. In the domestic market, demand is expected to remain strong, driven by biodiesel and increased consumption of vegetable protein.

For corn, exports are expected to reach 43.9 million tons in the 2025/26 cycle, with stocks adjusted to 16 million tons in February 2027. The increased use of corn for ethanol production should lead to a 6.6% increase in domestic consumption of the grain in the 2026/27 cycle. The commercial situation also points to high export levels due to strong production performance. For carryover stocks, the cycle should end with a volume corresponding to 14.9 million tons.

[Todd E. Gleason🎙🇺🇸 @commodityweek]

Oct 14 | Closing Market Report | Closing Market Report https://t.co/hzMsJuCjqp

In this Wednesday edition of the Closing Market Report, Greg Johnson of Total Grain Marketing highlights that the East Central Illinois soybean harvest is nearing 90% completion with strong yields, though early corn yields are falling 20 to 25 bushels short of last year's marks. Nationally, the USDA Crop Progress Report shows the soybean harvest making rapid gains, particularly in Minnesota, while the U.S. corn harvest lags slightly behind the five-year average. In agricultural news, a global diesel shortage is projected to extend into 2027, compounded by regional violence in the Middle East, alongside updates on federal pardons related to diesel emissions sensors under the Clean Air Act. Finally, World Weather Inc.'s Drew Lerner forecasts incoming rain and a season-ending freeze for parts of the U.S. Midwest, alongside a much-needed dry period for waterlogged crop regions in southern Brazil.

01:33 Ag Markets with Greg Johnson, Total Grain Marketing
09:52 Oct 13 Weekly Crop Progress Report
11:18 WILL TV to Air Morrow Plots 150th 7:30 Thursday
12:06 DEF Sensors, NOx Sensors, EPA, & Pardons
13:10 Saudi Arabia, Diesel Supplies, and Aramco
14:29 Ag Weather with Drew Lerner, World Weather Inc.

[Todd E. Gleason🎙🇺🇸 @commodityweek]

Oct 13 | Closing Market Report | Closing Market Report https://t.co/9dgWAPrdxY

The October 13, 2026, broadcast of the Closing Market Report, hosted by Todd Gleason, provides an update on agricultural markets, farming practices, and weather. Following a rundown of daily commodity prices, Naomi Blohm discusses recent grain export inspections, an EPA proposal regarding renewable fuel volumes, and supply trends in the cattle market. The program then shares a panel discussion featuring agricultural experts John Jones, Dan Schaefer, Nick Paulson, and Eric Miller, who examine the economic and logistical challenges of timing fall nitrogen fertilizer applications alongside soil temperature guidelines. To conclude, meteorologist Don Day shares a forecast predicting cooler, fall-like temperatures, upcoming rainfall across the Corn Belt, and freezing conditions in the Dakotas and western Nebraska.

02:23 Ag Markets with Naomi Blohm, Total Farm Marketing
09:37 Fall 2026 Fertilzer Management Considerations
20:36 Ag Weather with Don Day, Day Weather

[Todd E. Gleason🎙🇺🇸 @commodityweek]

Oct 12 | Closing Market Report https://t.co/shPjn8TJ9h

Host Todd Gleason discusses recent USDA grain stocks and crop production reports with North Dakota State University Extension agricultural economist Frayne Olson, examining how harvest progress, feed and residual calculations, yield adjustments in Plains states, export pace, and the increased carry-in are impacting corn marketing decisions. In agricultural news, beef industry consultant Nevil Speer analyzes why the administration’s tariff-free foreign beef import quota has failed to significantly move retail ground beef prices, while StoneX vice president Josh Linville reviews international fertilizer supply disruptions linked to conflict in the Middle East. The broadcast concludes with regional weather outlooks for key growing areas across the U.S. Corn Belt and Brazil.

02:11 Commodity Market Discussion with Frayne Olson, North Dakota State University

[Todd E. Gleason🎙🇺🇸 @commodityweek]

@jhawkins54 Thanks John. I get to run the grain cart every couple of years. Last fall I helped a listener in his last harvest. That was fun. It had been decades since I’d pulled wagons to the elevator.

[Todd E. Gleason🎙🇺🇸 @commodityweek]

I came to the farm to ride, and they put me to work.

[Todd E. Gleason🎙🇺🇸 @commodityweek]

Oct 09 | Commodity Week | Commodity Week https://t.co/sF4uz76JwH

The October 9, 2026, broadcast of Commodity Week features host Todd Gleason leading a panel discussion with market analysts Logan Kimmel, Ellen Dearden, and Jim McCormick regarding the fallout from the day's USDA crop production and supply and demand estimates. The experts highlight the unexpectedly bearish data for the corn market, emphasizing a 2.7-bushel increase in the national yield estimate driven heavily by an 11-bushel jump in Nebraska. This revision pushed projected corn ending stocks to 1.849 billion bushels and triggered a sharp price sell-off. Conversely, the soybean outlook remained relatively neutral with a minor yield adjustment up to 53.1 bushels per acre. Despite the immediate market shock and harvest-time pressure, the panelists advise producers against panic selling. They note that underlying macroeconomic factors, including energy inflation, high diesel prices, and potential South American crop risks tied to a building El Niño, could provide longer-term price support into the winter.

Panelists
- Ellen Dearden, AgReview
- Logan Kimmel, Roach Ag
- Jim McCormick, AgMarket .net

[Todd E. Gleason🎙🇺🇸 @commodityweek]

Oct 09 | Closing Market Report | Closing Market Report https://t.co/FZ2EsMOQWw

The October 9, 2026, broadcast of the Closing Market Report features host Todd Gleason analyzing daily commodity markets and the latest USDA crop production estimates. Guest Mike Zuzolo of Global Commodity Analytics and Consulting reviews the unexpected upward revisions to domestic and global corn yields, noting that the data runs counter to recent market trends and creates new headwinds for prices. Additionally, Joshua Nagelberg of CropProphet outlines the agricultural weather forecast, highlighting an incoming wet pattern for the western Corn Belt and evaluating how the current El Nino weather event is impacting early planting conditions for South American crops.

01:32 Ag Markets with Mike Zuzolo, Global Commodity Analytics and Consulting
12:27 Ag Weather with Joshua Nagelberg, CropProphet

[Todd E. Gleason🎙🇺🇸 @commodityweek]

Nebraska Sep 177bpa, Oct 188bpa
Ohio went from 194 to 200
SD 145 to 151

IA unc, IL -1, MN unc, IN unc