Apr 29 | Closing Market Report

Apr 29 | Closing Market Report

From Closing Market Report by Todd E. Gleason

April 29, 2026 · 24 min · Episode 10339

About this episode

The episode discusses agricultural market updates, including wheat abandonment and weather impacts on crops.

- Ag Markets with Greg Johnson, TGM - Kansas Hard Red Winter Wheat Abandonment - Ethanol, Carbon Markets, and Corn Prices - Ag Weather with Drew Lerner, @worldwx The April 29, 2026, Closing Market Report covers updates on agricultural markets, crop conditions, and weather forecasts. Greg Johnson of TGM notes that while Midwest farmers are making steady planting progress, recent price rallies—driven by poor western wheat conditions and global factors—have prompted some opportunistic new crop sales. Dan O'Brien from Kansas State University highlights that poor weather may lead to the abandonment of some hard red winter wheat in Kansas, though current high prices might persuade producers to harvest what they can rather than destroy the crop. Finally, meteorologist Drew Lerner reports on recent and upcoming freezing temperatures threatening the Great Lakes region, a brief drying window for Midwestern planting, and potential moisture stress for Brazil's safrinha corn crop. ★ Support this podcast ★

People in this episode

Host: Todd E. Gleason

Guests: Greg Johnson, Dan O'Brien, Drew Lerner

Topics covered

  • agricultural markets
  • crop conditions
  • weather forecasts
  • wheat abandonment
  • corn prices
  • Ethanol and carbon markets

Keywords

  • agriculture
  • wheat
  • corn prices
  • Ethanol
  • carbon markets
  • weather forecasts
  • crop conditions

Mentioned in this episode

Organizations: TGM, Kansas State University, worldwx

Places: Kansas, Great Lakes region

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