Closing Market Report

← Closing Market Report5 days ago · 24 min

Sep 08 | Closing Market Report

Sep 08 | Closing Market Report5 days ago24 min

The September 8, 2026, edition of the Closing Market Report, hosted by Todd Gleason, provides a comprehensive overview of commodity trade, agricultural policy, and regional weather. Following the settlement numbers, Naomi Blohm of TotalFarmMarketing.com analyzes quiet post-holiday trade action in corn and soybeans, strong overnight gains in wheat driven by Black Sea developments, and market positioning ahead of the USDA's upcoming WASDE report. The program then examines federal agricultural policy, detailing producer dissatisfaction over the Trump administration's 90-day tariff suspension on South American beef imports, featuring commentary from Nebraska cattle rancher John O'Dea on producer margins, and reviewing executive orders targeting meatpacker concentration. University of Minnesota agricultural economist Ed Usset follows with historical context on August grain rallies, comparing current market movements to previous years—such as 2003, 2011, and 2022—while cautioning against expectations of runaway harvest rallies. Finally, meteorologist Don Day of DayWeather outlines the regional forecast, highlighting modest temperature relief and scattered shower activity extending into the Corn Belt and southern Plains fueled by subtropical moisture from the Pacific.

01:59 Ag Markets with Naomi Blohm, TotalFarmMarketing.com

08:25 Beef Imports, Meatpackers, Ranchers, and the Oval Office

11:13 Commodity Market Discussion with Ed Usset

20:36 Ag Weather with Don Day, DayWeather.com

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