Episode
Aug 27 | Closing Market Report
- Podcast
- Closing Market Report
- Published
- Aug 27, 2026
- Duration seconds
- 1430
- Processing state
not_requested- Canonical source
- https://share.transistor.fm/s/979d309a
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Summary
Hosted by Todd Gleason, the August 27, 2026, edition of the *Closing Market Report* examines agricultural commodity trends, biofuels policy, and late-summer weather. Matt Bennett of AgMarket.net reviews recent market rallies and advises producers to utilize incremental risk management strategies, while noting that global wheat markets are reacting strongly to escalating Russia-Ukraine tensions. Agricultural economist Scott Irwin discusses the Renewable Fuel Standard and the potential economic fallout if the Trump administration grants more Small Refinery Exemptions (SREs) for 2025. Irwin warns that reversing biomass-based diesel mandates would severely cut soybean oil usage, potentially costing soybean producers billions of dollars. Finally, meteorologist Mike Tannura of Tstorm Weather forecasts a historic, late-season heat wave across the Corn Belt, warning that an impending string of days with temperatures in the 90s will challenge late-stage grain fill and complicate analysts' final yield expectations. The broadcast concludes by highlighting upcoming *farmdoc* webinars and the *Commodity Week* program. 02:08 Ag Markets with Matt Bennett, AgMarket.net 09:47 SREs and the Price of Soybeans 17:09 Ag Weather with Mike Tannura, Tstorm.net ★ Support this podcast ★