Show notes
The August 12, 2026, broadcast of the Closing Market Report, hosted by Todd Gleason, provides a comprehensive overview of the latest USDA crop production numbers and global agricultural weather. Greg Johnson of Total Grain Marketing joins the program to analyze the market's reaction to the USDA data, noting that unexpected increases in corn and soybean planted acres were offset by lowered yield estimates, resulting in tighter ending stocks and a boost to prices. Following this market breakdown, meteorologist Drew Lerner from World Weather Inc. outlines the weather landscape, detailing recent severe storm impacts in the Midwest, ongoing dryness in parts of the U.S. and Western Europe, and generally favorable crop conditions across the Black Sea region and China.01:11 USDA Report Numbers in Review03:36 Ag Markets with Greg Johnson, Total Grain Marketing13:56 Edge of Field Conservation Practices Field Day in Cisco Tomorrow14:39 Ag Weather with Drew Lerner, World Weather Inc. ★ Support this podcast ★