The December WASDE dropped Tuesday, December 9th, bringing home what’s been a tumultuous year of grain market news in the U.S. and beyond.

Though the Department of Agriculture is still catching up on some reporting that was disrupted during the government shutdown, the coming of this relatively quiet report — which anticipates a more active January WASDE — marks a much-anticipated return to normalcy.

To help us understand the latest we’re joined once again by DTN Lead Analyst Rhett Montgomery. This week he’ll give us important insights on his expectations going into the report, and offer analysis on why the market has reacted, and failed to react, to the new information as might be expected.

Then we’ll dive into the global and domestic balance sheets for the major grains, illuminating key hopeful nuggets you might have missed in the corn and soybean data, and highlighting why the world wheat picture continues to look challenging.

Finally, we’ll hear what Rhett will be watching over the holiday season and into the New Year, from weather to interest rates.

The 2025 DTN’s Ag Summit has just wrapped up, with farmers from across the country convening virtually to discuss the year that was, the year ahead, and the key issues affecting their operations.

Forecasts for weather and market in the year to come were, as always, a top issue, and today on the podcast we’re dropping in to hear the latest.

Today, we’ll listen in on DTN Ag Meteorologist John Baranick’s 2026 seasonal forecast, where he’ll take a closer look at the winter conditions so far, and give us insight on what might be around the corner.

We’ll hear the latest on how the ongoing La Nina is shaping current systems, when we should keep an eye out for the impacts of polar vortexes, and how the combination of the two might shape drought conditions throughout the winter and planting timing come spring.

We’ll get a region-by-region outlook on winter and spring conditions, and then John will offer insight on what the models predict about the summer of 2026.

Finally, we’ll dig into the weather patterns in Latin America, how Brazil and Argentina in particular are fairing, and what still might change in the coming months for our chief competitors.

Another harvest season is just about wrapped, which means that the annual DTN Ag Summit event is upon us once again — coming up on December 3rd and 4th.

This year’s program aims to help farmers prepare for success as they navigate lukewarm markets, and plenty of open questions around everything from farm policy to the global trade landscape.

Today, DTN Farm Business Editor Katie Dehlinger joins us for a preview of the Summit agenda, which will take place from 9:30am central to 11:30 a.m. CT over the two days, kicking off with a rich discussion between two of the winners of this year’s America’s Best Young Farmers and Ranchers contest.

Plus, these info-packed mornings will give producers a chance to hear the very latest on cattle markets, grain markets, and the 2026 weather outlook from DTN’s top analysts — and attendees will also be able to ask questions and engage with experts and hosts.

Register for the 2025 DTN Ag Summit at https://www.dtn.com/ag-summit-series-2025/