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Why Did Corn Futures COLLAPSE on Tuesday??
Manage episode 479900454 series 2864038
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 Tuesday Selloff
3:34 China to Reduce Grain/Meal Use
6:04 Transition Planning
7:38 China Comments
8:48 Russia Wheat Update
10:04 Amazon Tariff Charges?
11:33 Flash Sales
š½š Corn & Soybeans Slide Sharply!
Corn and soybean futures took a hit Tuesday as planting progress races ahead! The Jul25 corn contract fell 13Ā¢ to around $4.70, while soybeans dropped nearly 10Ā¢ to $10.53. South American weather is looking great, and thereās no big bearish headlineājust a wave of selling pressure as weather premiums fade.
š¾š¦ Wheat Drifts Lower Too
SRW wheat followed suit, down 6Ā¢ to $5.26. Timely US Plains rain and a slight bump in Russian exports kept prices under pressure.
šš„£ Chinaās New Feed Plan
China plans to cut grain use in livestock feed to 60% and soymeal to just 10% by 2030. The shift toward alternative proteins like insects and food waste is a major step in Beijingās strategy to reduce reliance on US soybeans. š
ššØš³ China Pushes Back on Tariffs
At a BRICS meeting, China warned against giving in to US tariff pressure. Officials demand a rollback of all tariffs before trade talks can start. Meanwhile, the US hints at tougher measures.
š¢š·šŗ Russian Wheat Export Forecast Raised
Sovecon bumped up its Russian wheat export forecast to 40.7mmt despite ongoing profitability issues. Margins remain tight, and a breakout in shipments still looks unlikely.
ššŗšø Amazon Wonāt Show Tariff Costs
After blowback from the White House and President Trump, Amazon has scrapped plans to display tariff charges on its discount platform, Amazon Haul. The drama continuesā¦
š¦š Flash Sales to Spain & Unknown Buyers!
USDA reported new flash sales:
š¹ 120,000mt of corn to Spain
š¹ 110,000mt of soybeans to unknown destinations
š Don't forget to like, comment, and subscribe for the latest grain market insights every week!
#GrainMarkets #Corn #Soybeans #Wheat #ChinaTrade #USDA #Tariffs #AgricultureNews
1598 episodes
Manage episode 479900454 series 2864038
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 Tuesday Selloff
3:34 China to Reduce Grain/Meal Use
6:04 Transition Planning
7:38 China Comments
8:48 Russia Wheat Update
10:04 Amazon Tariff Charges?
11:33 Flash Sales
š½š Corn & Soybeans Slide Sharply!
Corn and soybean futures took a hit Tuesday as planting progress races ahead! The Jul25 corn contract fell 13Ā¢ to around $4.70, while soybeans dropped nearly 10Ā¢ to $10.53. South American weather is looking great, and thereās no big bearish headlineājust a wave of selling pressure as weather premiums fade.
š¾š¦ Wheat Drifts Lower Too
SRW wheat followed suit, down 6Ā¢ to $5.26. Timely US Plains rain and a slight bump in Russian exports kept prices under pressure.
šš„£ Chinaās New Feed Plan
China plans to cut grain use in livestock feed to 60% and soymeal to just 10% by 2030. The shift toward alternative proteins like insects and food waste is a major step in Beijingās strategy to reduce reliance on US soybeans. š
ššØš³ China Pushes Back on Tariffs
At a BRICS meeting, China warned against giving in to US tariff pressure. Officials demand a rollback of all tariffs before trade talks can start. Meanwhile, the US hints at tougher measures.
š¢š·šŗ Russian Wheat Export Forecast Raised
Sovecon bumped up its Russian wheat export forecast to 40.7mmt despite ongoing profitability issues. Margins remain tight, and a breakout in shipments still looks unlikely.
ššŗšø Amazon Wonāt Show Tariff Costs
After blowback from the White House and President Trump, Amazon has scrapped plans to display tariff charges on its discount platform, Amazon Haul. The drama continuesā¦
š¦š Flash Sales to Spain & Unknown Buyers!
USDA reported new flash sales:
š¹ 120,000mt of corn to Spain
š¹ 110,000mt of soybeans to unknown destinations
š Don't forget to like, comment, and subscribe for the latest grain market insights every week!
#GrainMarkets #Corn #Soybeans #Wheat #ChinaTrade #USDA #Tariffs #AgricultureNews
1598 episodes
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