AG Squawk with Davis Michaelsen | Fertilizer Moves

Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits.We track a strong week across markets and then zoom in on a high-stakes technical read of Nvidia as leadership drama and espionage rumors hit the tape. We also run through key levels for Tesla and SpaceX, break down export sales strength in corn and ongoing demand in soybeans, and finish with policy, equipment sales, retail delivery news, and the weekend weather setup. • grain and livestock futures settles and what shifted by midday • Nvidia technical levels after a channel break, including resistance and downside targets • what would flip Nvidia back to bullish on a weekly close • CEO change impact framed through market uncertainty rather than headlines • Tesla pivot zones for swing traders and longer-term risk levels • SpaceX trend signals and what confirms a reversal • Flash sales and weekly export sales, with top buyers for corn and soybeans • wheat export sales disappointment and what it suggests about demand • Iran conflict update and why it matters for crude oil and risk sentiment • Renewable Fuels Association pushback on a proposed RFS waiver • Tractor and combine sales trend as a read on farm equipment demand • Tractor Supply partnering with Uber for on-demand rural delivery Drop it in the comments below if you’re, you know, wherever you may be watching from, or as always, feel free to hit us up at agbull.com, agbull.com, and go to the contact us section. Tell your friends, make sure to like and subscribe if you’re watching on YouTube there, and let me urge you to go to AgBull.com or call 855737 Farm. Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits. 

Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits.We kick off the morning with a fast market check across livestock and grains, then zoom in on the numbers that actually decide farm outcomes. We also dig into South America weather, retail beef pricing signals, and why NVIDIA headlines are suddenly everywhere. • Livestock market closes and what stands out • Sponsor mention and live grain quotes for corn, soybeans, and wheat • South America forecast focus for Brazil soybeans and Argentina heat and rain • Return per acre as the real bottom line for risk management • Corn profitability pressure versus comparatively better soybean returns • Retail beef prices and what they imply about consumer demand • NVIDIA leadership drama and why investors are watching AI financing • Today’s calendar: Conab, export sales, PPI, natural gas storage If you have any questions, have anything you'd like to see on Ag Squawk going into next week, leave a comment down below. AgBull Audio and Video Links:Apple MusicSpotifyYouTubeTikTok Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits. 

Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits.We look past the initial USDA report fireworks and ask what the market is still pricing a few days later across corn, soybeans, and wheat. With Brian Grete, we connect fund money flow, demand signals, and seasonal patterns to what farmers and traders should watch next. • fund positioning into the report and why neutral can still spark a surge • why soybeans can rally hard even with a record yield • seasonal low logic and why bottoming takes time • how USDA yield estimates reset each month and why ranges tighten • how AI is used as a checkpoint rather than an estimator • why patience can beat panic selling after a selloff • export demand dynamics for Mexico corn buying • China soybean commitments and the demand question afterward • what basis really measures in local markets • the strong dollar, Fed expectations, and inflation talk • cattle demand resilience versus hog market struggles • weather premium risk as winter sets in May I also direct you, beloved viewer, to agbull.com where you can dig deeper with AgBull Intel. Call 855-737 Farm. Take the markets by the horns with AgBull.com.AgBull Audio and Video Links:Apple MusicSpotifyYouTubeTikTok Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits. 

Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits.We run a quick, trader-focused scan of livestock and grain markets, then zoom in on the seasonal moment for soybean export sales to China and what the numbers could mean next. We also dig into record-heavy cattle carcass weights and a wild Ukraine Star Shield headline that raises real questions about who controls critical communication. • mixed livestock futures performance across live cattle, feeder cattle and lean hogs • grain complex check with corn, soybeans and Chicago wheat levels • Corn Belt harvest-friendly weather plus Plains rain chances and northern snow risk • seasonal soybean export sales to China and why timing matters • weekly steer and heifer carcass weights as “hidden supply” for beef • what Star Shield is and why SpaceX control sparks policy concerns • key economic calendar items including jobless claims, existing home sales and EIA energy stocks Make sure to catch this show wherever it's the most convenient for you. I encourage you to go to the AgBull Premium side. AgBull Audio and Video Links:Apple MusicSpotifyYouTubeTikTok Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits. 

Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits.We size up where corn, soybeans, wheat, and livestock settle after the report-driven volatility, then zoom in on what those moves mean for confidence and positioning. We also track rising fertilizer and diesel costs against weakening new crop revenue and explain why that spread is the margin story farmers can’t ignore.• quick market rundown across corn, soybeans, winter wheat, feeder cattle, fed cattle, and lean hogs • why post-report price action feels constructive for corn and beans • updated fertilizer prices for anhydrous ammonia, UAN 28%, UAN 32%, and urea • DAP, MAP, and potash moving higher and what that signals for P and K budgets • fertilizer price index rising while expected new crop corn revenue drops • Midwest farm diesel and LP prices and what’s pushing fuel costs higher • refinery outages, global conflict impacts, and why fast diesel relief looks unlikely • OPEC production increases and what we’re watching next from EIA data • cattle futures attempting a recovery and what packer behavior suggests • NCGA urging Congress on year-round E15 and farm bill action • Missouri River drought actions and the early end to navigation flow support • Veterans Day context and the Armistice Day timeline Take your marketing by the horns, visit AgBull.com or call 855-737 Farm.AgBull Audio and Video Links:Apple MusicSpotifyYouTubeTikTok Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits. 

Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits.We break down the market’s reaction to the latest WASDE headlines, including the first use of AI in USDA data gathering and what it could mean for confidence and volatility. We also zoom out to protein inflation and the AI stock trade to explain how outside markets can spill into ag. • cattle complex bounce and where live cattle, feeder cattle, and lean hogs settle • grain quotes and why the report sparks a sharp bounce • U.S. Corn Belt harvest window and the next shift to wetter, cooler weather • Mato Grosso rain deficits and why Brazil forecasts keep moving prices • WASDE recap with corn yield cuts and soybean yield coming in below bigger expectations • state-by-state yield revisions and why the story looks scattered • retail meat inflation context and why beef is not “skyrocketing” right now in rate terms • AI stocks bounce, CoreWeave headline, and how Nasdaq moves can affect broader markets • light economic calendar and where to find more Ag Squawk content Make sure and go back and check out Ag Squawk on all platforms. AgBull Audio and Video Links:Apple MusicSpotifyYouTubeTikTok Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits. 

Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits.We break down a high-volatility USDA report day and then ground-truth the numbers with Iowa farmer April Hemmes. From record yields and input choices to telling agriculture’s story on big stages, we talk about what farmers can control and what they cannot. • USDA WASDE and crop production highlights, including corn yield down and soybean yield up • market reaction after 11 a.m. and what the futures action signals • April’s pond project update and why farm projects move on real-world timelines • World Food Prize and Borlaug Dialogues experience, including meeting Martin Sheen and a global women farmers panel • common challenges for women farmers worldwide, from family priorities to access and opportunity • harvest recap with best-ever yields, why September rains mattered, and why she did not cut fertility • diesel and DEF availability, booking strategies, and what matters more than price • equipment realities, maintenance cycles, and the tractor named Leonard • marketing habits around reports and weekend headline risk • speaking up with elected officials so agriculture is represented Visit AgBull.com or call 855-737 Farm for the details. AgBull Audio and Video Links:Apple MusicSpotifyYouTubeTikTok Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits. 

Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits.We set up the biggest market catalysts of the day, from CPI to the USDA WASDE report, while tracking a rebound in livestock and steady quotes across corn, soybeans, and wheat. We also connect the dots between meatpacking capacity, cash cattle pressure, and a headline-grabbing Anthropic IPO that revives the AI bubble question. • livestock markets turning green across live cattle, feeder cattle, and lean hogs • grain price check on December corn, January soybeans, and December Chicago wheat • US Corn Belt harvest weather window and the shift to wetter, cooler conditions • southern Brazil and Paraguay rainfall timing and why it matters for global supply • recap of the last WASDE yield surprise in corn and the tension around soybean yield estimates • Tyson Amarillo second shift timeline, capacity limits, and implications for cash cattle • Anthropic IPO range, NASDAQ plans, and concerns about frothy AI valuations • CPI and WASDE release times plus where to catch more AgSquawk content Go to AgBull.com and click on the intel tab to make sure and get those text updates to know what's going on today.AgBull Audio and Video Links:Apple MusicSpotifyYouTubeTikTok Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits. 

Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits.Corn and soybeans drift lower as harvest wraps up and the market braces for the November WASDE, while cattle bounce back after last week’s pressure. We talk with Dave Chatterton about what’s really driving price action, what early acreage talk means, and how crop insurance decisions can add real dollars back to the balance sheet. • harvest yield reality in central Illinois and why corn underperforms while beans hold up • export inspections and why some “good” numbers still do not move futures • cash market adjustments after a sharp futures break and what basis recovery signals • government aid payments as cash flow support and why the politics are complicated • early 2027 acreage expectations and the corn vs soybean profitability tug-of-war • record-high corn input costs and the anhydrous fertilizer pricing disconnect • why headline fatigue matters and how funds and technical momentum move markets • falling USDA survey response rates and what transparency would rebuild confidence • what history suggests about typical November WASDE volatility • crop insurance and farm program priorities including ARC, PLC, and ARC-IC planning • timing production reporting, potential claims, and avoiding the December bottleneck Visit Agbull.com or call 855-737-Farm for the details.AgBull Audio and Video Links:Apple MusicSpotifyYouTubeTikTok Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits. 

Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits.We open the morning with a fast, practical scan of ag markets, from live cattle and feeder cattle to lean hogs and key grain futures quotes. Then we zoom out to the weather, Brazil soybean planting progress, a New World screwworm spike near the border, and why a sudden NVIDIA drop still matters for market mood ahead of export inspections and WASDE. • live cattle rebound toward unchanged after a rough Friday • feeder cattle and lean hogs finish lower and set the tone for risk • corn, soybeans, and Chicago wheat quotes as the day begins • U.S. harvest window improves near term fieldwork • Brazil rainfall outlook and Mato Grosso moisture needs • Brazil soybean planting progress at 54% near normal • New World screwworm case counts jump and spread into new areas • pet travel inspections tighten and freeze risk becomes a factor • sterile fly use highlighted as a key control tool • NVIDIA leadership risk headlines trigger a notable pre-market dip • export inspections, crop progress, and a WASDE week on the calendar AgBull Audio and Video Links:Apple MusicSpotifyYouTubeTikTok Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits.