Closing Market Report

The September 17, 2026, edition of the Closing Market Report covers commodity trade updates, energy pressures, agricultural policy, farmland economics, and global weather patterns affecting harvest and planting. Matt Bennett of AgMarket.net assesses early East Central Illinois harvest yields, noting relatively solid soybean returns compared to mixed corn results, while advising producers on risk management amid tight global grain stocks, Black Sea logistical bottlenecks, and US-Canada trade tensions. GasBuddy's Patrick DeHaan examines surging diesel prices driven by drone strikes on Russian refining infrastructure, Middle East supply threats, and constrained domestic refining capacity, alongside news of proposed diesel export bans, steady ethanol production, the Senate Farm Bill advancing out of committee, and House passage of the AM Radio for Every Vehicle Act. Juo-Han Tsay of the University of Illinois evaluates projected 2027 Illinois cash rents, forecasting stable to slightly softening rates due to high input costs offsetting recent commodity price support. Finally, Mike Tannura of Tstorm Weather outlines near-term Corn Belt rainfall distributions, beneficial upcoming moisture across the Southern Plains winter wheat belt, and precipitation trends impacting South American wheat quality and Brazilian soybean planting conditions.

01:19 Ag Markets with Matt Bennett, AgMarket.net
08:32 Diesel Fuel Market with Patrick DeHaan, GasBuddy.com
14:06 2027 Illinois Cash Rents with Juo-Han Tsay, University of Illinois
18:13 Ag Weather with Mike Tannura, Tstorm.net