Show notes
The September 28, 2026, broadcast of the Closing Market Report, hosted by Todd Gleason, covers commodity futures and features analysis from three agricultural experts. University of Illinois agricultural economist Joe Janzen discusses the commodity market's negative reaction to the recent Trump-Xi summit, specifically noting the exclusion of soybeans from reciprocal tariff reductions. Janzen also analyzes a typical 15-cent drop in corn basis during the five-week peak harvest window due to supply pressure. University of Missouri agricultural economist Jason Franken reviews the USDA Hogs and Pigs and cold storage reports, concluding that lowered domestic pork consumption and reduced export projections will likely squeeze hog producers' profitability. Finally, Mark Russo of EverStream Analytics provides a weather update, contrasting harvest-delaying rains in the western Corn Belt with dry conditions in the eastern states, while also noting favorable planting moisture in center-west Brazil.01:59 Ag Markets with Joe Janzen, University of Illinois15:48 USDA Hogs and Pigs Report17:49 Ag Weather with Mark Russo, EverStream Analytics ★ Support this podcast ★