May 06 | Closing Market Report

May 06 | Closing Market Report

From Closing Market Report by Todd E. Gleason

May 6, 2026 · 24 min · Episode 10344

About this episode

The episode discusses agricultural market trends, the impact of data centers, food waste initiatives, and weather forecasts affecting crops.

- Ag Markets with Greg Johnson - Asking County Boards to Site Data Centers is an Unfair Thing - Pope Leo's Food Waste Petition and Prayer - Ag Weather with Drew Lerner The May 6, 2026, broadcast of the Closing Market Report, hosted by Todd Gleason from the Land-Grant university in Urbana-Champaign, covers commodity market trends, the agricultural impact of data centers, food waste, and regional weather forecasts. Analyst Greg Johnson reports that declining crude oil prices and anticipated average U.S. crop yields are pressuring corn and soybean markets. Agricultural policy specialist Jonathan Coppess criticizes the shifting of responsibility onto local county boards for siting large data centers, citing the facilities' immense and unsustainable consumption of farmland, water, and electricity. Additionally, Gleason highlights the ADM Institute for Post-Harvest Loss's efforts to reduce global grain waste, referencing a related public message by Pope Leo XIV. Concluding the report, meteorologist Drew Lerner predicts frost risks for winter wheat in Kansas and Colorado, ongoing drought conditions in Nebraska, and incoming rain that will benefit southern portions of Brazil's Safrinha…

People in this episode

Host: Todd E. Gleason

Guest: Greg Johnson

Topics covered

  • agriculture
  • market trends
  • data centers
  • food waste
  • weather forecasts

Keywords

  • agriculture
  • corn market
  • soybean market
  • data centers
  • food waste
  • weather forecasts
  • crop yields
  • drought
  • frost risks

Mentioned in this episode

Organizations: ADM Institute for Post-Harvest Loss

Places: Urbana-Champaign, Kansas, Colorado, Nebraska, Brazil

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