Jun 08 | Closing Market Report

Jun 08 | Closing Market Report

From Closing Market Report by Todd E. Gleason

June 8, 2026 · 24 min · Episode 10367

About this episode

The episode discusses agricultural market assessments, USDA reports, and the impact of weather on crop development.

The June 8, 2026, edition of the Closing Market Report provides an assessment of agricultural commodities, upcoming USDA reports, and global weather impacts. Curt Kimmel of AgMarket.net highlights that a recent screwworm outbreak is causing market volatility, though long-term impacts depend on the disease's spread and its effect on available cattle supplies. Kimmel also anticipates minor adjustments in the upcoming WASDE report, projecting slight decreases in new crop corn ending stocks due to old crop demand, with soybeans and wheat remaining largely unchanged. Frayne Olson from North Dakota State University corroborates this subdued expectation for the June WASDE, noting the USDA is unlikely to revise export forecasts without concrete details from recent US-China trade agreements. Olson emphasizes the significance of the June 30th grain stocks report for tracking feed consumption and explains that recent market fluctuations are heavily influenced by index fund investors shifting capital between energy, agriculture, and the stabilizing stock market. Consequently, Olson advises producers to establish predetermined target prices rather than attempting to time volatile market…

People in this episode

Host: Todd E. Gleason

Guests: Curt Kimmel, Frayne Olson

Topics covered

  • agricultural commodities
  • USDA reports
  • market volatility
  • crop development
  • trade agreements

Keywords

  • agriculture
  • USDA
  • market volatility
  • crop development
  • trade agreements
  • screwworm outbreak
  • grain stocks report

Mentioned in this episode

Organizations: AgMarket.net, North Dakota State University

Places: US

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