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US/China Tensions Cool + Farm Machinery Slump

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Manage episode 480209209 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.

0:00 China Assessing Talks
2:30 Hassett Comments
3:00 Soybean Stuff
4:59 Farm Machinery Slump
7:52 Drought Monitor
10:58 Export Sales
13:01 California Gas Ban?
🇺🇸🇨🇳 US–China Trade Talks? Signals from Beijing & Washington
Big moves may be brewing in global trade! China says the US wants to talk tariffs, but Beijing is calling for "sincerity." Will this lead to a breakthrough? Let’s break it all down 👇
🧨 Tariff Tensions & Trade Optimism
China's Commerce Ministry revealed the US has reached out about potential talks. Economic Council Director Kevin Hassett is hopeful, especially after China removed tariffs on some US goods like semiconductors and pharmaceuticals. 💊💻
🚜 Farm Machinery Sales Slump
Tariff uncertainty is crushing machinery demand. CNH Industrial and AGCO posted big Q1 sales drops—23% and 30%. 📉 But oddly… both stocks rallied! AGCO reaffirmed 2025 sales goals while CNH forecasted a steep decline.
🌾 Drought Conditions Improving
USDA’s latest drought data brings some relief 🌧️:
✔️ Drought in the Corn Belt down to 6%
✔️ Kansas sees the biggest improvement—drought fell from 64% to 37%!
✔️ Drought still lingers in wheat and cattle areas (Spring Wheat: 37%, Cattle: 31%)
🌽 Grain Export Sales Snapshot
📉 Corn: 1 MMT – down 12% WoW
📈 Soybeans: 428,200 MT – up 55% WoW
📉 Wheat: 72,000 MT – sharply lower
Top buyers: 🇲🇽 Mexico (corn), 🇨🇳 China (soybeans), 🇹🇭 Thailand (wheat)
🚗 California Gas Car Ban in Trouble?
The House just voted to repeal California’s EV waiver ❗ The Senate vote is next. This could derail the 2035 gas car ban and affect other states like NY and WA. California is the #2 US consumer of both gasoline and ethanol. ⛽🌽
👉 Don’t miss an update!
Subscribe & drop your thoughts in the comments 💬
Stay tuned for more grain market and trade breakdowns every week!

  continue reading

1459 episodes

Artwork
iconShare
 
Manage episode 480209209 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.

0:00 China Assessing Talks
2:30 Hassett Comments
3:00 Soybean Stuff
4:59 Farm Machinery Slump
7:52 Drought Monitor
10:58 Export Sales
13:01 California Gas Ban?
🇺🇸🇨🇳 US–China Trade Talks? Signals from Beijing & Washington
Big moves may be brewing in global trade! China says the US wants to talk tariffs, but Beijing is calling for "sincerity." Will this lead to a breakthrough? Let’s break it all down 👇
🧨 Tariff Tensions & Trade Optimism
China's Commerce Ministry revealed the US has reached out about potential talks. Economic Council Director Kevin Hassett is hopeful, especially after China removed tariffs on some US goods like semiconductors and pharmaceuticals. 💊💻
🚜 Farm Machinery Sales Slump
Tariff uncertainty is crushing machinery demand. CNH Industrial and AGCO posted big Q1 sales drops—23% and 30%. 📉 But oddly… both stocks rallied! AGCO reaffirmed 2025 sales goals while CNH forecasted a steep decline.
🌾 Drought Conditions Improving
USDA’s latest drought data brings some relief 🌧️:
✔️ Drought in the Corn Belt down to 6%
✔️ Kansas sees the biggest improvement—drought fell from 64% to 37%!
✔️ Drought still lingers in wheat and cattle areas (Spring Wheat: 37%, Cattle: 31%)
🌽 Grain Export Sales Snapshot
📉 Corn: 1 MMT – down 12% WoW
📈 Soybeans: 428,200 MT – up 55% WoW
📉 Wheat: 72,000 MT – sharply lower
Top buyers: 🇲🇽 Mexico (corn), 🇨🇳 China (soybeans), 🇹🇭 Thailand (wheat)
🚗 California Gas Car Ban in Trouble?
The House just voted to repeal California’s EV waiver ❗ The Senate vote is next. This could derail the 2035 gas car ban and affect other states like NY and WA. California is the #2 US consumer of both gasoline and ethanol. ⛽🌽
👉 Don’t miss an update!
Subscribe & drop your thoughts in the comments 💬
Stay tuned for more grain market and trade breakdowns every week!

  continue reading

1459 episodes

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