Wheat exploded to the upside Wednesday, pulling corn and soybeans along for the ride, as reports of escalating tension in the Russia-Ukraine war rattled the grain complex.

Mike Zuzolo of Global Commodity Analytics joins Market Talk to break down whether this is shaping up like 2022 again, why algorithmic trading keeps amplifying the volatility, and what a $100 crude oil market would mean for wheat prices. Plus, corn's path to a $6 handle, tightening Ukraine soil moisture, the U.S.-Canada ethanol tariff standoff, and how the fallout from President Trump's beef import plan is hitting cash cattle prices by $250 to $500 a head.

Mike Zuzolo will be speaking at a market outlook seminar hosted by three area farm bureaus in Colona, Illinois, near the Quad Cities, on September 10. Learn more and find his research at https://globalcommresearch.com

00:00 Sponsor & Disclaimer
00:25 Wheat Explodes on Black Sea Escalation Fears
01:14 Algo Trading Fuels the Volatility
03:37 SRW Wheat Chart: Is This 2022 Again?
06:17 Wheat-Crude Oil Correlation to Watch
08:42 Ukraine Weather Turns Critical
10:47 Corn Eyes a $6 Handle
13:09 Ukraine Soil Moisture Deep Dive
14:58 Ethanol, Soybeans & DOE Data
15:26 Bean Oil Support & Canada Tariff Fallout
17:12 Beef Import Plan Backlash Hits Cattle
20:01 Feeder-Corn Ratio Signals
21:07 Zuzolo's Final Take
21:29 Where to Find Mike Zuzolo