Jun 11 | Closing Market Report

Jun 11 | Closing Market Report

From Closing Market Report by Todd E. Gleason

June 11, 2026 · 24 min · Episode 10370

About this episode

The episode discusses updates on agricultural markets, USDA reports, and agronomic research.

USDA REPORT DAY The June 11, 2026, Closing Market Report covers updates on agricultural commodity markets, upcoming extension events, agronomic research, and global weather patterns. Jim McCormick of AgMarket.net noted that the USDA's June WASDE report introduced largely bearish global supply revisions for corn, wheat, and soybeans, contributing to lower market closing prices across the board. In agronomic news, Travis Meteer previewed the June 17 Dudley Smith Farm field day, an event connecting beef and row crop producers with University of Illinois researchers to discuss nutrients, water quality, and fertility management. Additionally, agricultural economist Gary Schnitkey highlighted findings from 11 years of Precision Conservation Management data, showing that utilizing no-till or one-pass light tillage systems—alongside maintaining nitrogen rates near the Maximum Return to Nitrogen limit—consistently provides the highest profitability for farmers. Finally, Mike Tannura of T-storm Weather reported that recent intense storms have sufficiently moistened the U.S. Corn and spring wheat belts, while looking abroad, a severe heat wave is expected to negatively impact crops in…

People in this episode

Host: Todd E. Gleason

Guests: Jim McCormick, Travis Meteer, Gary Schnitkey, Mike Tannura

Topics covered

  • agricultural commodity markets
  • USDA report
  • agronomic research
  • global weather patterns
  • field day events
  • precision conservation management

Keywords

  • USDA report
  • corn
  • wheat
  • soybeans
  • agronomic research
  • field day
  • weather patterns
  • precision conservation management

Mentioned in this episode

Organizations: AgMarket.net, University of Illinois, T-storm Weather

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