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Closing Market ReportCelebrating 40 Years . Author: Todd E. Gleason
Celebrating 40 Years 10,000 Episodes Established 1985 The Closing Market Report airs weekdays at 2:06pm central on WILL AM580, Urbana. University of Illinois Extension Farm Broadcaster Todd Gleason hosts the program. Each day he asks commodity analysts about the trade in Chicago, delves deep into the global growing regions weather, and talks with ag economists, entomologists, agronomists, and others involved in agriculture at the farm and industry level. website: willag.org twitter: @commodityweek Language: en Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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May 18 | Closing Market Report
Episode 10352
Monday, 18 May, 2026
The May 18, 2026, Closing Market Report highlighted a strong rebound in commodity futures, fueled by optimism over a potential $17 billion increase in Chinese agricultural purchases facilitated by the Trump administration's proposed US-China Board of Trade. Discussing global competitiveness, agricultural economist Joana Colussi noted that while Brazil produces corn at a lower total cost—largely through its second-crop (safrinha) system—the United States remains competitive by achieving double the average yields despite higher overhead and land expenses. Finally, meteorologist Mark Russo reported that favorable weather continues to support rapid planting progress in the US Corn Belt and the safrinha crop in Brazil, though severe long-term dryness continues to plague the US hard red winter wheat regions.---Chapters- Ag Markets with Curt Kimmel, AgMarket.net- Comparing Corn Production Costs in the United States and Brazil- US-China Ag Deliverables: Board of Trade, Soybean Sales, $17bln- Ag Weather with Mark Russo, EverStream.ai ★ Support this podcast ★
