Wheat Futures Tumble + Summer E15 Ethanol

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0:00 Wheat Futures Fall
3:50 Summer E15
7:36 Corn and Soybean Planting
9:15 US Wheat Update
10:03 China Comments
11:32 Grain Shipments are Strong
12:19 Screwworm Update

🌾 Wheat Futures Tumble Amid Plains Rainfall! 🌧️

Big moves in the grain markets to kick off the week! Here's what's happening: 👇

🌾 Wheat Update
SRW wheat fell 14¢ to $5.31/bu. 📉
HRW wheat dropped 11¢ to $5.40/bu. 📉
Heavy rainfall in Texas & Oklahoma (6–8 inches possible!) forecasted 🌦️

🌽 Corn & Soybeans Steady
Futures mostly flat as traders watch for export disruptions from Trump's China trade war ⚖️

⛽ Nationwide E15 Sales Approved
Emergency EPA waiver greenlights E15 sales this summer. 🚗💨
Analysts expect little impact on corn demand. 📊

🌱 Planting Progress
Corn planting: 24% complete vs. 22% avg. 🌽
Soybean planting: 18% complete vs. 12% avg. 🌱

🌾 Winter Wheat Ratings Improve
49% good-excellent, beating analyst expectations ✅
Spring wheat planting also ahead of average. 📈

🌍 China Shifts Away from US Grain
Record soybean imports from South America expected 📦
Some disruptions after Brazil harvest delays ⏳

🚢 Export Inspections

Corn inspections strong at 1.6mmt 🚢
Wheat and soybean shipments mixed. 📦

🐄 US-Mexico Screwworm Agreement
Border closure on feeder cattle imports avoided ✅
Threat averted that could've tightened cattle supplies further. 🚜

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