Episode
May 07 | Closing Market Report
- Podcast
- Closing Market Report
- Published
- May 7, 2026
- Duration seconds
- 1430
- Processing state
not_requested- Canonical source
- https://share.transistor.fm/s/dc145e52
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Summary
- Ag Markets with Matt Bennett - WILLAg News Update | USDA, USB, Women, and SNAP - Applied Research Results from the University of Illinois - Ag Weather with Mike Tannura The May 7, 2026, episode of the Closing Market Report features a variety of agricultural updates, beginning with analyst Matt Bennett discussing the sideways trade in corn futures, planting delays caused by wet Midwestern weather, and the impact of crude oil prices and international politics on oilseed markets. Additionally, the program covers agricultural news, noting the USDA's unexplained dismissal of several United Soybean Board members and the implementation of stricter nutritional stocking requirements for retailers in the SNAP program. University of Illinois entomologist Nick Seiter also joins the broadcast to highlight the newly published 2025 Applied Research Results guide, which offers farmers independent data on pest control and new findings concerning the northern corn rootworm. Finally, meteorologist Mike Tannura provides a global weather outlook, detailing severe drought concerns for the U.S. hard red winter wheat crop, favorable planting conditions in the Northwestern Corn Belt, the onset of the dry season for Brazil's safrinha corn, and beneficial rains expected across Europe and Russia. ★ Support this podcast ★