Show notes
The August 6, 2026, broadcast of the Closing Market Report provides an overview of daily commodity markets, agricultural economic developments, fall soil fertility strategies, and global weather patterns. Market analyst Jim McCormick highlights recent technical defense of corn and soybean positions, noting short-term downside risks ahead of the upcoming USDA crop production report alongside long-term bullish factors tied to El Niño and geopolitical trade issues. The broadcast also features economic analysis indicating that stabilized U.S. trade tariffs are beginning to show subtle inflationary effects on consumer prices. Additionally, soil fertility specialist John Jones advises producers to base fall nitrogen and phosphorus applications on recent field soil testing to ensure profitable, rather than strictly yield-chasing, fertilizer investments. Concluding the program, meteorologist Mike Tannura forecasts a favorable pattern of rain and cool fronts across the U.S. corn belt, while warning that severe, crop-damaging heat and drought conditions persist across Western Europe.02:00 Ag Markets with Jim McCormick, AgMarket.net07:46 WILLAg News Update10:59 What to do about Fall Fertilizers16:56 Ag Weather with Mike Tannura, Tstorm.net ★ Support this podcast ★