Episode
May 19 | Closing Market Report
- Podcast
- Closing Market Report
- Published
- May 19, 2026
- Duration seconds
- 1430
- Processing state
not_requested- Canonical source
- https://share.transistor.fm/s/28abfbbf
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Summary
This May 19, 2026, Closing Market Report covers a range of agricultural, economic, and weather updates. In the commodity markets, speculation regarding potential US-China trade deals caused a brief market rally, though prices quickly pulled back due to a lack of specific purchasing details. Significant agricultural industry news includes John Deere's preliminary $19.9 million settlement in a "right to repair" class-action lawsuit, as well as growing concerns from scientists over a USDA proposal to relocate vital soybean and maize seed banks out of Illinois. On the legislative front, Illinois lawmakers are considering a ban on the use of eminent domain for CO2 pipelines, while federal efforts face headwinds regarding nationwide year-round E15 fuel access and a newly proposed annual road-funding tax for electric vehicle owners. Meanwhile, agricultural energy markets remain volatile and captive to Middle East tensions, prompting advisors to recommend cautious, hand-to-mouth fuel purchasing strategies for farmers. Finally, the weather outlook highlights beneficial, albeit sometimes severe, recent rainfall across the Corn Belt and late-season snow in the West, with an active weather pattern expected to resume in the coming week. - Ag Markets with Naomi Blohm, TotalFarmMarketing.com - Right to Repair, Seedbanks, CO2 Pipelines, Year-Round E15, EV Tax - Ag Energies with Dave Chatterton, SFarmMarketing.com - Ag Weather with Don Day, DayWeather.com ★ Support this podcast ★