Oct 23 | Closing Market Report

In the October 23, 2026, edition of the Closing Market Report, host Todd Gleason reviews daily market settlements and interviews Mike Zuzolo of Global Commodity Analytics and Consulting regarding current commodity dynamics. Zuzolo highlights a divergence between crude oil and wheat prices driven by conflicting Black Sea shipping news, noting that anticipated Russian state grain interventions could eventually support domestic wheat and corn markets. Gleason then details the northward progression of Neocosmospora stem rot, a fungal disease resembling red crown rot, into Illinois and Missouri soybean fields. Finally, Eric Snodgrass of Nutrien Ag Solutions provides the agricultural weather forecast, observing that favorable Midwestern harvest windows should remain open into early November before an active subtropical jet introduces heavier precipitation. Snodgrass also warns that persistent El Niño conditions could threaten Brazilian soybean yields with rapid flash droughts in December and January.

03:06 Ag Markets with Mike Zuzolo, Global Commodity Analytics and Consulting

09:05 A Fungal Disease of Soybeans is Moving Northward

10:33 Ag Weather with Eric Snodgrass, Nutrien Ag Solutions

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