# Jun 08 | Closing Market Report

Page: https://stenobird.com/podcast/closing-market-report-808249/jun-08-closing-market-report
Text version: https://stenobird.com/podcast/closing-market-report-808249/jun-08-closing-market-report.md
Podcast: [Closing Market Report](https://stenobird.com/podcast/closing-market-report-808249)
Published: 2026-06-08T19:11:38+00:00
Episode link: https://share.transistor.fm/s/0cc110c5
Audio file: https://dts.podtrac.com/redirect.mp3/media.transistor.fm/0cc110c5/09445a82.mp3
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JSON: https://stenobird.com/v1/public/podcasts/closing-market-report-808249/episodes/jun-08-closing-market-report
Duration seconds: 1430

## Resource

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 swings. Finally, Everstream Analytics meteorologist Mark Russo reports that beneficial rainfall and above-average temperatures are accelerating crop development across the US Corn Belt, presenting no immediate yield threats. However, Russo warns that a returning, near-record heatwave combined with dry conditions in Western Europe poses a significant risk to their summer crops. - Ag Markets with Curt Kimmel, AgMarkets.net - Commodity Markets Discussion with Frayne Olson, NDSU Extension - Ag Weather with Mark Russo, EverStream.ai ★ Support this podcast ★

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## Transcript

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