
Grain Markets and Other Stuff
Joe Vaclavik and Mackenzie Johnston discuss the grain markets, the business of farming, news related to agriculture, and a variety of other topics.
Grain Markets and Other Stuff
BREAKING: US and China Agree to Tariff Reduction, Soybeans Rally
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0:00 US/China Tariffs Reduced
3:55 Trade War Impact?
6:16 USDA Preview
9:32 US Weather Update
11:36 The Funds
12:35 China Soybean Imports Slow
13:53 Flash Sales
๐ข Tariff Truce & Trade Shifts: Big News for Ag & Markets! ๐๐ฝ๐
๐งพ ๐ Tariffs Slashed!
The US and China have agreed to lower tariffs for 90 days. ๐บ๐ธโก๏ธ๐จ๐ณ
๐น US drops from 145% โก๏ธ 30%
๐น China drops from 125% โก๏ธ 10%
Talks included fentanyl policy and potential purchase agreements from China. ๐ค
๐ฑ ๐งช Trade War Fallout in Ag
Tariffs have disrupted grain flows, fertilizer imports, and ag input costs.
Farmers face delays, higher prices, and uncertainty. ๐๐ธ
Brazil benefits as China shifts some demand south. ๐ง๐ท๐พ
๐ ๐ฅ Soybeans Near 3-Month Highs
Markets are moving!
๐น Soybeans โฌ๏ธ
๐น S&P 500 โฌ๏ธ 2%
๐น US Dollar ๐
๐
๐ฝ New USDA WASDE Report Today!
At 11am CST, get your first look at 25/26 corn & soybean balance sheets.
Expect bearish corn news with trend yields + March acreage. ๐งฎ
๐ฆ๏ธ Corn Belt Weather Update
Dry weekend, but moisture is on the wayโฆ
๐ง๏ธ Missouri, Illinois, Kentucky today
๐ง๏ธ ND, SD, MN & east Corn Belt later this week
Watch for dry pockets in Nebraska & western Iowa. โ๏ธ
๐ฐ Fund Flows & Flash Sales
"The Funds" sold 57k corn contracts last week.
๐ข 288k MT corn sold to Mexico
๐ข 120k MT soybeans sold to Pakistan
Get the full breakdown + CFTC & Fund Tracker charts. ๐๐
๐ข๏ธ China Soy Imports Drop 29%!
Only 6.1mmt in April โthe lowest in 10 years.
Customs delays & longer Brazil transit times are to blame. โฑ๏ธ๐ข
Rebound expected in May/June. ๐
๐ Donโt miss this critical update on trade, tariffs, weather & global grain flows. Like, subscribe, and drop your thoughts in the comments!
๐ Stay informed. Stay ready. ๐ฌ๐