Grain Markets and Other Stuff

Friendly USDA Report: Why Can't Corn Rally??

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0:00 Corn Struggles
4:43 Soybeans Rally
6:08 Wheat Sucks
9:08 Planting Progress
11:25 Wheat Ratings
12:46 Mexican Feeder Cattle Suspension
13:54 Stock Market Rally
15:50 Shipments
16:59 Flash Sale

๐Ÿ“Š USDA Report Recap + Tariff Talk + Market Reactions ๐ŸŒฝ๐Ÿ“ˆ

๐Ÿšจ Monday's USDA report brought friendly corn news, a soybean rally, and wheat pressure โ€” but markets didnโ€™t act like it. Here's what happened:

๐ŸŒฝ Corn Check-In
USDA cut ending stocks for the current year thanks to higher exports โœ…
New crop balance sheet came in tighter than expected ๐Ÿ“‰
But corn still traded lower this morning ๐Ÿคท

๐Ÿซ˜ Soybean Surge
July โ€˜25 beans jumped nearly 20ยข ๐Ÿš€
Support from US-China tariff reduction & tighter supply estimates ๐Ÿ“‰
Ending stocks now the 2nd lowest since โ€˜12/โ€™13 ๐Ÿ”ฅ

๐ŸŒพ Wheat Woes
Chicago wheat hit a new contract low โŒ
USDA boosted both US & global ending stocks ๐Ÿ“ˆ
Rain across the Plains = improving crop conditions ๐ŸŒง๏ธ

๐ŸŒฑ Planting Progress
Corn: 62% planted nationally ๐ŸŒฝ
Beans: 48% planted ๐Ÿซ˜
Several states moving fast, others still behind โฑ๏ธ

๐Ÿชฒ Feeder Cattle Suspension
USDA halts Mexican feeder cattle imports due to New World screwworm ๐Ÿšซ๐Ÿ›
Cattle futures ๐Ÿš€ on the news
Mexico calls move โ€œunfairโ€ ๐Ÿ‡ฒ๐Ÿ‡ฝ

๐Ÿ“‰ Export Update
Corn exports dipped but still solid ๐Ÿ“ฆ
Soybean and wheat shipments mixed ๐Ÿ“ฌ
USDA also announced a flash soybean sale to Mexico ๐Ÿ‡ฒ๐Ÿ‡ฝ

๐Ÿ’ผ Market Rally!
S&P 500, Nasdaq, and Dow all jumped ๐Ÿ“ˆ
US-China slash tariffs for 90 days ๐Ÿ›ƒ
Traders now see fewer Fed rate cuts this year ๐Ÿ’ฐ

๐Ÿ’ฌ Drop your thoughts in the comments & donโ€™t forget to subscribe for more ag market updates! ๐Ÿ“ฒ

#USDA #Corn #Soybeans #Wheat #Tariffs #GrainMarkets #FarmNews #Cattle #AgTrade #MarketUpdate #CropProgress #Commodities #Farming #AgNews