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Closing Market Report

Todd E. Gleason
Corn
Soybeans
Commodity Markets
Weather Forecast
Wheat
Agriculture
USDA Reports
Brazil
USDA
Ethanol
China
Illinois
Weather
Agricultural Economics
Argentina
Tariffs
Corn Market
Total Grain Marketing
Soybean
Crop Insurance

Established 1985 The Closing Market Report airs weekdays at 2:06pm central on WILL AM580, Urbana. University of Illinois Extension Farm Broadcaster Todd Gleason hosts the program. Each day he asks commodity analysts about the trade in Chicago, delves deep into the global growing regions weather, and talks with ag economists, entomologists, agronomists, and others involved in agriculture at the far... more

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Latest Episodes

Hosted by Todd Gleason from the Land Grant University in Urbana-Champaign, this edition of the Closing Market Report broadcasts from the Independent Grocer Summit in Carterville, Illinois, providing updates on agricultural commodities, rural grocery ... more

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The October 6, 2026, edition of the Closing Market Report covers commodity market movements, federal policy developments, harvest progress, and agricultural weather. Naomi Blohm of Total Farm Marketing analyzes a "Turnaround Tuesday" rally across cor... more

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The October 5, 2026 edition of the Closing Market Report opens with commodity market settlements before agricultural economist Ed Usset discusses harvest rain delays, localized spikes in soybean basis bids, and grain marketing strategies ahead of the... more

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The October 2, 2026, broadcast of the Closing Market Report, hosted by Todd Gleason from the University of Illinois Urbana-Champaign, provides updates on agricultural commodity markets, pricing trends, and weather forecasts. Market analyst... more

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Recent Guests

Andrew Margenot
Soil Scientist at the University of Illinois, researching soil nutrient management and erosion
University of Illinois
Episode: Oct 02 | Closing Market Report
Kenneth Hartman Jr.
Fifth-generation farmer and president of the National Corn Growers Association
National Corn Growers Association
Episode: Oct 01 | Closing Market Report
Aaron Hager
Weed scientist at the University of Illinois
University of Illinois
Episode: Sep 30 | Closing Market Report
Sandy Duncan
Editor of the Farmers' Almanac
Farmers' Almanac
Episode: Sep 30 | Closing Market Report
Joe Janssen
Agricultural Economist, University of Illinois
University of Illinois
Episode: Sep 28 | Closing Market Report
Donald Trump
Former President of the United States
Episode: Sep 24 | Closing Market Report
Nancy Martinez
Director of Public Policy, Trade and Biotechnology with the National Corn Growers Association
National Corn Growers Association
Episode: Sep 16 | Closing Market Report
Frank Olson
Agricultural Economist at North Dakota State University
North Dakota State University
Episode: Sep 14 | Closing Market Report
Yin Zhang
Interim director of the National Corn to Ethanol Research Center
SIU Edwardsville
Episode: Sep 08 | Closing Market Report

Host

Todd Gleason
Extension's Todd Gleason; University of Illinois Extension Farm Broadcaster; host of the daily Closing Market Report

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Talking Points

Recent interactions between the hosts and their guests.

Aug 31 | Closing Market Report
Q: First, for those who don't know what a sabbatical is, can you explain it?
Joe explains that a sabbatical is a year spent away from the regular university duties to study and learn in a different environment, allowing deep focus on a research program, in this case Colombia's corn and soybean markets.
Aug 17 | Closing Market Report
Q: What weather and rainfall patterns are likely to affect future yields in both the U.S. and Europe?
Current patterns indicate wetter conditions in parts of Europe improving topsoil moisture for winter crops, while the U.S. Midwest faces variable rainfall; drought stress in South Dakota and Nebraska tour paths could influence yields and crop choices.
Aug 17 | Closing Market Report
Q: How might high nitrogen prices influence rotations and profitability for farmers planning next year?
High nitrogen prices incentivize farmers to reconsider corn-heavy rotations and potentially shift more acres to soybeans or other nitrogen-fixing crops to protect margins while pivoting around fertilizer input costs.
Aug 17 | Closing Market Report
Q: What do all those things tell you about the 2027 outlook given current prices for spring planting?
The prices today suggest continued pressure on fertilizer costs and a rotation that may favor soybeans in some regions if nitrogen remains expensive, with the soybean-to-corn price ratio guiding marketing and acreage decisions for 2027.
Aug 03 | Closing Market Report
Q: So, when you think about the market and the things that may or may not happen in the future, what is it that you watch?
Gulke explains that traders watch price action in relation to broad fundamentals, with attention to support and resistance levels and the behavior of large speculators, using a price-based, risk-managed framework to decide hedging or position entries.

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Frequently Asked Questions About Closing Market Report

What is Closing Market Report about and what kind of topics does it cover?

A weekday market-and-weather brief focused on agriculture, with in-depth commodity analysis, price trends, and practical farming insights. Listeners hear daily conversations with commodity analysts, extension economists, and weather forecasters who connect market movements to crop conditions, logistics, and policy. Recurring segments cover crop yields from field tours, weather outlooks across growing regions, and logistics or infrastructure issues that affect farm operations. A notable pattern is the blend of on-the-ground observations (from crop tours and farm reports) with macro considerations such as trade, currency effects, and river/rail logistics, often anchored by a familiar Illinois extension host. Overall, it's especially useful fo... more

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Which podcasts are similar to Closing Market Report?

These podcasts share a similar audience with Closing Market Report:

1. Commodity Week
2. AgriTalk PM
3. Grain Markets and Other Stuff
4. AgriTalk
5. Ag PhD Daily

How many episodes of Closing Market Report are there?

Closing Market Report launched 11 years ago and published 1252 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Closing Market Report?

Recent guests on Closing Market Report include:

1. Andrew Margenot
2. Kenneth Hartman Jr.
3. Aaron Hager
4. Sandy Duncan
5. Joe Janssen
6. Donald Trump
7. Nancy Martinez
8. Frank Olson

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