Todd E. Gleason🎙🇺🇸

Nov 05 | Commodity Week | Commodity Week share.transistor.fm/s/a87dab… In the November 5 edition of Commodity Week, host Todd Gleason and panelists Brian Splitt, Dave Chatterton, and Ellen Dearden analyze post-harvest marketing strategies and geopolitical influences on agricultural markets. The panel discusses options for unpriced corn and soybeans currently in commercial storage or on delayed pricing, while emphasizing the critical importance of the upcoming December 11 deadline for the ARC/PLC farm program decision. Additionally, the experts evaluate technical market signals—such as the recent downturn in soybean futures—alongside South American weather patterns and the potential impact of recent U.S. elections and tariffs on China's future agricultural purchasing commitments. Panelists - Dave Chatterton, Strategic Farm Marketing - Ellen Dearden, AgReview - Brian Splitt, AgMarket

Nov 05 Closing Market Report | Closing Market Report share.transistor.fm/s/bbea98… In the November 5, 2026, edition of the Closing Market Report, host Todd Gleason covers commodity markets, yield forecasts, weed science, and agricultural weather. Kaden Sweeney of AgMarket discusses local harvest yields in east-central Illinois and anticipates a quiet November USDA crop production report, noting that soybean prices will heavily depend on Brazilian weather developments. Mike Castle from StoneX highlights their latest customer yield survey, which projects national corn and soybean yields higher than previous estimates due to surprisingly strong performance across the northern plains. University of Illinois weed scientist Aaron Hager shares details about a new regional survey assessing farmer awareness and readiness to adopt precision weed control technologies, such as optical sprayers. Finally, Mike Tannura of T-Storm Weather explains how an exceptionally strong El Niño is driving mild U.S. winter weather—likely benefiting the winter wheat crop—while currently bringing heavy spring rains to South America that are supporting their soybean crop development. 01:33 Ag Markets with Kaden Sweeney, AgMarket 08:01 StoneX November Crop Production Survey Revisions 12:09 Grower Survey on Precision Weed Control Technologies 17:26 Ag Weather with Mike Tannura, tStorm .net

Nov 04 | Closing Market Report | Closing Market Report share.transistor.fm/s/0ec2ea… With the Midwestern corn and soybean harvest virtually complete, traders are aggressively shifting their focus to next week's USDA supply and demand report. In today's Closing Market Report Greg Johnson of TGM, Total Grain Marketing, notes that while national yield estimates might increase, Illinois corn yields are tracking noticeably lower, leaving soybeans with considerably more downside price risk than corn. Next month, producers must finalize their ARC and PLC safety net decisions by a December 11th deadline, with University of Illinois experts currently favoring ARC-County for most corn and soybean acres. Looking globally, Drew Lerner of World Weather Incorporated reports that while Argentina is soaking up favorable El Nino rains, central Brazil and Russia's southern winter wheat regions are still struggling with lingering dryness. 01:58 Ag Markets with Greg Johnson, TGM Total Grain Marketing 12:08 ARC / PLC decision for the crop just harvested due December 11 13:31 Ag Weather with Drew Lerner, World Weather Inc

Nov 03 | Closing Market Report | Closing Market Report share.transistor.fm/s/59bbf4… The November 3, 2026, edition of the Closing Market Report features analysis from Naomi Blohm on recent large U.S. corn export sales to Mexico, which historical data suggests could signal a market bottom and precede upcoming price rallies. Adam Wattson then details his Champaign County farm's transition to strip-till agriculture, explaining how the practice has reduced his equipment costs, altered his nitrogen management to liquid-only applications, and maintained yield consistency. Following this, Don Day provides a weather outlook, noting that a remarkably quiet and mild Pacific air mass across the U.S. will keep soil temperatures too warm for immediate fall anhydrous ammonia applications, while northern South America faces stormy conditions. The program concludes with a memorial tribute to Dale Orville Helms, a distinguished University of Illinois animal sciences alumnus. 01:36 Ag Markets with Naomi Blohm, Total Farm Marketing 09:19 Strip Till Transition, a farmer conversation 18:57 Ag Weather with Don Day, Day Weather 21:38 Remembering Dale Helms

Nov 02 | Closing Market Report | Closing Market Report share.transistor.fm/s/92adff… This episode of the Closing Market Report features discussions on agricultural commodity trends, fall specialty crops, and global weather impacts. Agricultural economist Ed Usset analyzes the recent downturn in crop and crude oil prices, noting that while soybeans are supported by strong crush demand, corn and wheat are struggling to find positive recovery signals. The broadcast then highlights two fall stories: the 75th anniversary of the USDA APHIS international pre-clearance program for imports like Dutch tulip bulbs, and a profile of Illinois's dominance in the processing pumpkin industry. Finally, Mark Russo from EverStream Analytics provides an agricultural weather outlook, covering harvest-slowing rains in the American Midwest, persistent dry conditions threatening Indonesian palm oil, and early-season planting weather across South America. 02:10 Commodity Markets Discussion with Ed Usset 11:43 Tulips and Pumpkins, a story for the fall 16:04 Ag Weather with Mark Russo, EverStream Analytics

Oct 30 | Closing Market Report | Closing Market Report share.transistor.fm/s/202fff… The October 30, 2026, broadcast of the *Closing Market Report* features host Todd Gleason discussing agricultural market dynamics and global weather impacts with industry experts. Mike Zuzolo of Global Commodity Analytics and Consulting analyzes how geopolitical tensions in the Black Sea and Middle East, combined with evolving U.S. biofuels policies, are influencing wheat, crude oil, corn, and soybean prices. Meteorologist Eric Snodgrass of Nutrien Ag Solutions then details the effects of an early polar vortex split on Midwest fall weather, noting a brief period of mild temperatures before a cold front, and evaluates delayed planting conditions and dry weather risks in Brazil's agricultural regions. 01:34 Ag Markets with Mike Zuzolo, Global Commodity Analytics and Consulting 12:21 Ag Weather with Eric Snodgrass, Nutrien Ag Solutions

Oct 29 | Commodity Week | Commodity Week share.transistor.fm/s/ceb44d… This episode of Commodity Week, hosted by Todd Gleason, features agricultural market analysts Shane Holtorf and Garrett Toay discussing fall harvest progress and current market conditions. The guests report that the soybean harvest is largely wrapping up with average to better-than-expected yields, while corn yields are highly variable and somewhat disappointing compared to early summer expectations. The panel attributes recent drops in commodity prices to the USDA's surprising October crop report—which unexpectedly raised corn yields—and subsequent heavy selling by fund managers, compounded by broader geopolitical events like the Brazilian and upcoming U.S. elections. To navigate these market headwinds, Toay and Holtorf advise producers to avoid panic selling, utilize on-farm storage to lock in market carries, and remain patient for future pricing opportunities. Panelists - Garrett Toay, AgTraderTalk.com - Stockton, IL - Shane Holtorf, Logic Ag Marketing - Alta, IA

Oct 29 | Closing Market Report | Closing Market Report share.transistor.fm/s/fa7b00… The October 29, 2026, edition of the Closing Market Report, hosted by Todd Gleason, begins with a daily commodity market recap before transitioning into a special audio tour of the University of Illinois' Morrow Plots. Led by crop scientist Andrew Margenot, the tour celebrates the 150th anniversary of the world's oldest continuous crop rotation experiment, highlighting how a century and a half of specific planting practices and fertility treatments have impacted crop yields and depleted native prairie soil organic matter. The program concludes with an agricultural weather forecast from Mike Tannura of Tstorm Weather, who details an upcoming rain system expected to slow the harvest in the U.S. Corn Belt, varying moisture conditions for domestic winter wheat, and the ongoing wet and unusually cool weather patterns currently affecting crops in Brazil and Argentina. 02:04 Audio Tour of the Morrow Plots Crop Rotation Experiment 18:44 Ag Weather with Mike Tannura, Tstorm Weather

Oct 28 | Closing Market Report | Closing Market Report share.transistor.fm/s/1a0741… The October 28, 2026, edition of the Closing Market Report provides updates on commodity markets, alternative bioenergy crops, and global agricultural weather. Greg Johnson analyzes recent corn and soybean price declines driven by fund liquidation, while Andy VanLoocke details the agronomic behavior, nitrogen storage cycles, and commercial bioenergy applications of Miscanthus. Meteorologist Drew Lerner concludes with weather forecasts impacting near-term harvest progress in the U.S. Corn Belt and early-season planting conditions across South America. 00:31 Ag Markets with Greg Johnon, TGM Total Grain Marketing 06:23 Summit Explores Miscanthus Agronomy and Bioenergy Use 16:02 Ag Weather with Drew Lerner, World Weather Inc.

Oct 27 | Closing Market Report | Closing Market Report share.transistor.fm/s/cbc8ff… This episode of the *Closing Market Report*, hosted by Todd Gleason, covers agricultural markets, emerging crops, and global weather forecasts. Naomi Blohm of Total Farm Marketing analyzes the commodity markets, noting the bearish impact of the Brazilian election on soybeans, oversold conditions in corn and wheat pointing toward a potential harvest low, and a friendly Cattle on Feed report indicating a stagnant herd size. Professor Emily Heaton from the University of Illinois discusses the first annual International Miscanthus Summit, highlighting miscanthus as a highly productive perennial grass that yields building materials, compostable packaging, and fuels while improving soil and water quality on underperforming farmland. Finally, Don Day of Day Weather provides an agricultural weather update, forecasting an end to the highly favorable Corn Belt harvest weather with a significant rain system approaching next week, alongside returning moisture for South American growing regions. 01:03 Ag Markets with Naomi Blohm, Total Farm Marketing 09:40 The 1st Annual International Miscanthus Summit 19:54 Ag Weather with Don Day, Day Weather

Oct 26 | Closing Market Report | Closing Market Report share.transistor.fm/s/e1d8f0… In this October 26, 2026, edition of the Closing Market Report, agricultural economist Joe Janzen analyzes current commodity trends, highlighting strong soybean exports, lagging corn sales, and the market headwinds caused by Brazil's recent elections. The program also details a recent USDA data processing error that temporarily skewed September corn yield estimates for Nebraska and Kansas. Finally, Everstream Analytics' Mark Russo provides a global agricultural weather update, covering harvest progress in the U.S. Corn Belt, winter wheat planting in the Plains, and soybean sowing conditions across South America. 00:39 Commodity Markets Discussion with Joe Janzen, University of Illinois 17:42 USDA Revises the September Crop Production Report 19:49 Ag Weather with Mark Russo, EverStream Analytics

Friday NASS released an update to the September Crop Production report corn yield. National corn yield was changed (178.8 up from 178.5bpa). IT DOES NOT CHANGE THE OCTOBER CROP PRODUCTION REPORT 181.2 CORN YIELD. When a NASS report revision is made downstream reports are not updated until the next regular release. text of the NASS notice follows... NASS Corrects September 2026 Corn Data; October 2026 Forecasts Unchanged After concerns were raised following the October 9, 2026, Crop Production report, NASS found a processing error that affected September corn plant populations, ear counts, yields, and production for Kansas and Nebraska. The error also affected the September 10-state averages for plant populations and ear counts, along with U.S. corn yield and production forecasts. NASS has corrected the affected September data and forecasts in the Crop Production reports and Quick Stats. The October forecasts published on October 9 were reviewed, validated, and have not changed.

Oct 23 | Closing Market Report | Closing Market Report share.transistor.fm/s/2299a7…

Oct 22 | Commodity Week | Commodity Week share.transistor.fm/s/a4d4e3… 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

Oct 22 | Closing Market Report | Closing Market Report share.transistor.fm/s/8badc9… 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

Oct 21 | Closing Market Report | Closing Market Report share.transistor.fm/s/0cfdd8… 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.

"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. farmdocdaily.illinois.edu/20…

Oct 20 | Closing Market Report | Closing Market Report share.transistor.fm/s/d09621… 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

Oct 19 | Closing Market Report | Closing Market Report share.transistor.fm/s/5a39ab… 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

Oct 16 | Closing Market Report | Closing Market Report share.transistor.fm/s/8b3932… 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