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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 21 | Closing Market Report
Episode 10355
Thursday, 21 May, 2026
- Ag Markets with Matt Bennett, AgMarket.net- farmdoc 2026 Crop Budget Updates- Ag Weather with Mike Tannura, Tstorm.netOn this May 21, 2026, edition of the Closing Market Report, host Todd Gleason reviews a mixed trading day as markets respond to ongoing planting progress and US-China trade developments. Matt Bennett of AgMarket.net reports that while planting in Illinois is largely complete, the market is closely watching for future demand signals, specifically whether China will fulfill commitments to purchase US corn and new-crop soybeans. Meanwhile, Nick Paulson of the University of Illinois farmdoc team explains that while updated 2026 crop budgets show slight improvements due to higher commodity prices, they still reflect challenging long-term returns, with cost pressures from diesel fuel being partially offset by strong market pricing. Looking at weather, Mike Tannura of Tstorm Weather forecasts a transition to warmer temperatures following a cool, wet spring. While the US Corn Belt faces planting delays due to persistent moisture, Tannura expresses more significant concern regarding drought conditions in the US Northern Plains spring wheat region, even as he notes stable crop conditions across the Black Sea and South America. The program concludes with a look ahead to this week's Commodity Week, featuring analysis from Collin Waters, Dave Chatterton, and Kurt Kimmel. ★ Support this podcast ★
