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China FINALLY Buys US Soybeans + Joe Gets GHOSTED by Brooke Rollins

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Manage episode 516314170 series 2864038
Content provided by Joe Vaclavik. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Joe Vaclavik or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Joe's Premium Subscription: www.standardgrain.com
Grain Markets and Other Stuff Links-
Apple Podcasts
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TikTok
YouTube

Futures and options trading involves risk of loss and is not suitable for everyone.

šŸ‡ØšŸ‡³ China Buys U.S. Soybeans for the First Time This Marketing Year
🌦 Market Highlights
China has purchased U.S. soybeans for the first time this marketing year. Reuters reports that state-owned COFCO bought three cargoes (ā‰ˆ180,000 mt / 6.6 mil bu) for Dec–Jan shipment ahead of the Trump–Xi meeting in South Korea. U.S. beans remain about 50Ā¢/bu cheaper than Brazilian beans for November export.
🌾 Futures Action
Soybean futures hit their highest level in over a year Tuesday. The Jan 26 contract reached $11.00 before easing to around $10.95 on profit-taking and increased farmer selling. Corn and wheat also advanced—Dec 25 corn closed near $4.32/bu, its best since early July.
šŸ› Washington Watch
The U.S. Senate Judiciary Committee held a hearing on seed and fertilizer market concentration. Four companies now control 80% of corn seed and 75% of soybean seed sales. The American Soybean Association warned that farmers face mounting pressure as production costs surge and prices fall—soybean producers could see net losses of $109/acre this year.
šŸ¤ Global Trade & Policy
The U.S. and Japan signed two agreements Tuesday—one strengthening the alliance, another on rare-earth supply chains. Despite the fanfare, key trade gaps remain. Japan already imports roughly $12 billion in U.S. ag products annually, including corn, beef, pork, and soybeans, suggesting its new $8 billion annual commitment likely reflects normal volumes.
šŸ„ Livestock Pressure
Feeder cattle futures fell sharply again as President Trump vowed to lower beef prices. Since his Argentine beef import proposal, feeder cattle have dropped nearly $50/cwt amid speculation of resumed Mexican imports and tariff cuts on Brazilian beef.
🌽 Ethanol & Energy
India continues to block U.S. ethanol imports despite U.S. pressure in ongoing trade talks. India blends about 2.6 billion gal/year of ethanol domestically and protects its farmers’ $13 billion in feedstock income—making ethanol policy a major sticking point.

  continue reading

Chapters

1. Joe Gets GHOSTED (00:00:00)

2. China Buys US Soybeans (00:01:55)

3. Soybean Rally (00:04:15)

4. Input Cost Hearing (00:05:36)

5. Japan Agreement (00:09:08)

6. Cattle Get Clobbered (00:10:44)

7. India Ethanol (00:13:03)

1568 episodes

Artwork
iconShare
 
Manage episode 516314170 series 2864038
Content provided by Joe Vaclavik. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Joe Vaclavik or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Joe's Premium Subscription: www.standardgrain.com
Grain Markets and Other Stuff Links-
Apple Podcasts
Spotify
TikTok
YouTube

Futures and options trading involves risk of loss and is not suitable for everyone.

šŸ‡ØšŸ‡³ China Buys U.S. Soybeans for the First Time This Marketing Year
🌦 Market Highlights
China has purchased U.S. soybeans for the first time this marketing year. Reuters reports that state-owned COFCO bought three cargoes (ā‰ˆ180,000 mt / 6.6 mil bu) for Dec–Jan shipment ahead of the Trump–Xi meeting in South Korea. U.S. beans remain about 50Ā¢/bu cheaper than Brazilian beans for November export.
🌾 Futures Action
Soybean futures hit their highest level in over a year Tuesday. The Jan 26 contract reached $11.00 before easing to around $10.95 on profit-taking and increased farmer selling. Corn and wheat also advanced—Dec 25 corn closed near $4.32/bu, its best since early July.
šŸ› Washington Watch
The U.S. Senate Judiciary Committee held a hearing on seed and fertilizer market concentration. Four companies now control 80% of corn seed and 75% of soybean seed sales. The American Soybean Association warned that farmers face mounting pressure as production costs surge and prices fall—soybean producers could see net losses of $109/acre this year.
šŸ¤ Global Trade & Policy
The U.S. and Japan signed two agreements Tuesday—one strengthening the alliance, another on rare-earth supply chains. Despite the fanfare, key trade gaps remain. Japan already imports roughly $12 billion in U.S. ag products annually, including corn, beef, pork, and soybeans, suggesting its new $8 billion annual commitment likely reflects normal volumes.
šŸ„ Livestock Pressure
Feeder cattle futures fell sharply again as President Trump vowed to lower beef prices. Since his Argentine beef import proposal, feeder cattle have dropped nearly $50/cwt amid speculation of resumed Mexican imports and tariff cuts on Brazilian beef.
🌽 Ethanol & Energy
India continues to block U.S. ethanol imports despite U.S. pressure in ongoing trade talks. India blends about 2.6 billion gal/year of ethanol domestically and protects its farmers’ $13 billion in feedstock income—making ethanol policy a major sticking point.

  continue reading

Chapters

1. Joe Gets GHOSTED (00:00:00)

2. China Buys US Soybeans (00:01:55)

3. Soybean Rally (00:04:15)

4. Input Cost Hearing (00:05:36)

5. Japan Agreement (00:09:08)

6. Cattle Get Clobbered (00:10:44)

7. India Ethanol (00:13:03)

1568 episodes

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